Current Affairs Quiz - December, 2020

Notes:
The insurance sector regulator – Insurance Regulatory and Development Authority of India (IRDAI) has accorded “in principle” approval for merger of Bharti AXA General Insurance with ICICI Lombard General Insurance Company.
On successful merger, the consolidated entity would have a market share of 8.7% in non-life business. Bharti Enterprises own 51% share in Bharti AXA General Insurance and the remaining 49% is owned by French insurer AXA.

Notes:
‘Day of Remembrance for all Victims of Chemical Warfare’ is observed on November 30 every year, across the world.
United Nations observes the day to pay tribute to millions of lives lost round the globe in the wake of chemical warfare. ‘Organisation for the Prohibition of Chemical Weapons’ (OPCW) is the implementing body for Chemical Weapons Convention. It is headquartered at the Hague, Netherlands.

Notes:
Mount Semeru is an active volcano located in East Java, Indonesia. It is the highest mountain on the island of Java. This is also known as Mahameru, meaning ‘The Great Mountain’.
Recently, hot ash fell as far as 3,000 metres down the slopes of Mount Semeru. Earlier, Mount Ili Lewotolok of the country spew out hot clouds for 4,000 metres into the sky. The country’s disaster management team evacuated thousands of people.

Notes:
State Bank of India has partnered with National Payments Corporation of India (NPCI) and Japan’s JCB International Co to launch new ‘SBI RuPay JCB Platinum Contactless Debit Card’.
This card has a dual interface feature, under which customers can use it for both contact and contactless transactions, both in the domestic market as well as overseas. The card has been launched on the RuPay network.

Notes:
The Defence Research and Development Organisation (DRDO) has created a new laboratory named Defence Geo Informatics Research Establishment.
It has been formed by merging two existing labs namely Manali-headquartered Snow and Avalanche Studies Establishment (SASE) and the Delhi-based Defence Terrain Research Establishment. The new lab will focus on research on the terrain along the borders with China and Pakistan.

Notes:
The New Zealand Government has recently declared a climate emergency. This decision has been taken by the government to stress the fact that if emission cuts are not recorded, the Intergovernmental Panel on Climate Change (IPCC) predictions on adverse environmental effects would be witnessed.
The country also announced that its public sector would strive to become carbon neutral by 2025.

Notes:
Suriname, officially the Republic of Suriname, is a small country on the north-eastern coast of South America. It was previously known as ‘Dutch Guiana’.
The 7th India-Suriname Joint Commission Meeting (JCM) was recently held virtually. The JCM was co-chaired by Minister of State for External Affairs, V. Muraleedharan and his counterpart in Suriname.

Notes:
The International Day of Persons with Disability is observed on 3rd December of every year.
The theme for this year is “Building back better: towards an inclusive, accessible and sustainable post COVID-19 world by, for and with persons with disabilities”. UNESCO is organizing a global awareness camp named “Tell our stories, enable our rights” on this occasion.

Notes:
Recently, a NGR (negotiating group on rules) meeting on fisheries subsidies was organized by the World Trade Organization.
Indian Ambassador and Permanent Representative to the WTO has stated that member countries should cut down subsidies on unsustainable fishing which leads to the problem of over fishing. India also asked to reduce the role of dispute panels in fisheries management.

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.