Current Affairs Quiz - December, 2020

Notes:
‘International Day of Solidarity with the Palestinian People’ is observed every year on November 29, across the world.
The day was established in the year 1977 and it marks the day in 1947 when the UN General Assembly adopted a resolution partitioning Palestine into an Arab State and a Jewish State. The UN Chief called on Israel and Palestine to achieve a two-State solution.

Notes:
Small Industries Development Bank of India (SIDBI) has recently launched an asset restructuring web module for the Micro Small and Medium Enterprises (MSME).
The module named ARM-MSME would assist MSMEs to get benefitted from RBI’s MSME restructuring guideline. MSMEs will be able to prepare restructuring proposals by inputting only the most essential data. This service is being offered by SIDBI at no cost to the MSMEs.

Notes:
Indian Oil Corporation (IOC) has recently launched the nation’s first 100 Octane petrol. Union Oil Minister Dharmendra Pradhan launched the petrol.
The 100-octane petrol also called as XP100 premium petrol will be initially available at select outlet of IOC in 10 cities. The fuel is manufactured at IOC’s Mathura refinery in Uttar Pradesh. Hindustan Petroleum Corporation Ltd (HPCL) had earlier launched Octane 99. Higher the octane number of a fuel, higher will be its compression and performance.

Notes:
The Government of Singapore has allowed a US-based start up to sell lab grown chicken meat in the country.
The meat is generated from animal tissues in laboratories. This is the world’s first regulatory approval for lab-grown meat also called as cultured meat. Its production cost is higher compared to the original meat.

Notes:
The Municipal Bonds issued by Lucknow Municipal Corporation has been listed in the Bombay Stock Exchange (BSE).
The bonds amount to Rs.200 crore and offer 8.5 per cent interest per annum with a tenure of 10 years. Lucknow joins the 8 other smart cities whose Municipal Bonds have been listed in stock exchanges.

Notes:
As per the Union Ministry of Finance, the Indian Economy is registering a V Shaped recovery of GDP. This was expressed in the latest Monthly Economic Review.
The contraction of GDP in Q1 of current financial year was 23.9% where as the economy has contracted by 7.5 % in Q2. Maximum growth is registered by Agriculture sector followed by Construction.

Notes:
Microsoft India and the National Skill Development Corporation (NSDC) have partnered for the India edition of the Microsoft Imagine Cup 2021.
Imagine Cup is an annual innovation challenge held by Microsoft for students and technology enthusiasts. It aims to empower students to apply artificial intelligence and other technologies to solve the sustainability issues of the world.

Notes:
The National Institute of Naturopathy (NIN) is located in the city of Pune. The present building of NIN is called the “Bapu Bhavan”. Gandhiji performed many Naturopathy experiments and organised various national and International activities while staying here.
The Ministry of Ayush has proposed to name the upcoming new campus of National Institute of Naturopathy (NIN), Pune as “Nisarg Gram”.

Notes:
In response to the August 4 Ammonium Nitrate explosions that occurred in Beirut, the capital city of Lebanon, a new framework named Reform, Recovery and Reconstruction Framework (3RF) has been announced by the UN Secretary-General Antonio Guterres.
The plan has been prepared jointly by World Bank, the European Union (EU) and the UN.

Notes:
Every year December 5 is celebrated as World Soil Day across the world since 2014, to create awareness about the importance of healthy soil and sustainable management of soil resources.
According to the Food and Agriculture Organization (FAO) campaign, the theme of World Soil day 2020 is “Keep soil alive, protect soil biodiversity”. International Union of Soil Sciences (IUSS) recommended it in 2002 recommended to celebrate this day in 2002.