Current Affairs Quiz - December, 2020

Notes:
China’s first domestically made nuclear reactor ‘Hualong One’, has started its operations, as per the China National Nuclear Corp (CNNC).
The third-generation pressurised water nuclear reactor has been connected to the national grid. The reactor can generate 10 billion kw-hours of electricity each year and cut carbon emissions by 8.16 million tons. This is expected to reduce China’s dependency in nuclear power from its western allies.

Notes:
The Petrodava Dacian Fortress is the oldest historical monument located in Piatra Neamt city, Romania. The fort was built around 82 BC and AD 106 by the Dacian people in ancient Europe.
Days after the first mysterious metal monolith disappeared in a remote, uninhabited desert in Utah, USA, a second similar structure has been spotted in Romania, a few metres away from the fortress. The monolith which disappeared and appeared again was a triangular, shiny pillar.

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 ‘International day for the abolition of slavery’ is observed every year on December 2, since 1986.
It aims to raise awareness about slavery and put an end to all kinds of slavery including trafficking in persons, sexual exploitation, child labour among others. It marks the date of the adoption of the UN Convention related to trafficking and exploitation.

Notes:
Facebook-backed Libra cryptocurrency has been renamed as “Deim” which means “Day” in Latin.
The Libra Association has made this decision in order to gain approval from regulators and to increase its publicity. The new Deim crypto currency is proposed to be launched in early 2021, which would be backed by USD.

Notes:
INS Vikrant is the first indigenous aircraft carrier of India. The sea trials are expected to begin in 2021 and it will be commissioned by 2022.
Also called as the ‘Indigenous Aircraft Carrier 1 (IAC-1)’, INS Vikrant has been constructed by Cochin Shipyard Limited in Kochi, Kerala for the Indian Navy. Recently, the two organisations completed the Basin Trials of the aircraft carrier.

Notes:
As per the provisional 2020 State of the Global Climate report released by U.N.’s World Meteorological Organization (WMO), the last 6 years from 2015 to 2020 are the hottest years on record.
The report has stated that the average global temperature in 2020 would be 1.2 degrees Celsius above the pre-industrial level

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:
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.