Current Affairs Quiz - December, 2020

Notes:
The 4th Trilateral Meeting on Maritime Security Cooperation between India, Sri Lanka, and Maldives was hosted by Sri Lanka.
It was held in Colombo and India was represented by the National Security Advisor Ajit Doval. The earlier such meetings were held in Maldives (2011), Sri Lanka (2013) and in India (2014).

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:
The birth anniversary of the first Sikh guru, Guru Nanak is celebrated as the Guru Nanak Dev Gurpurab, commonly called as ‘Gurupurab’.
On this occasion, a book titled ‘Prime Minister Narendra Modi and his Government’s Special Relationship with Sikhs’ was launched. It is published by Ministry of Information and Broadcasting and was released in English, Hindi and Punjabi languages with the messages of Guru Nanak.

Notes:
As many as 12 leopards from Sakkar Baug Zoological Park, which came in conflict with the humans, have been transferred to a private rehabilitation centre by Gujarat Forest Department.
The leopard’s maintenance would be done in a Public Private Partnership (PPP) mode by the Government of Gujarat and Reliance Industries Ltd- RIL’s Greens Zoological Rescue and Rehabilitation Kingdom. This is the first of its kind PPP model for protection of wild animals in India.

Notes:
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman delivered a Keynote Address at the 20th Edition of Sri Lanka Economic Summit (SLES) 2020 in virtual format.
SLES is annually organized by the Ceylon Chamber of Commerce (CCC). The theme for this year’s event is “Roadmap for Take-off: Driving a People –Centric Economic Revival”.

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 United Kingdom has become the first nation in the world to approve coronavirus vaccine made by Pfizer – BioNTech.
The country’s medical regulator has given a nod for commercial production and mass vaccination. The vaccine is said to offer 95% protection against Covid disease. The country aims to produce 8 lakh doses in the next few days.

Notes:
‘737 MAX’ is the best-selling airliner of US-based leading multi-national aerospace company Boeing. It was grounded in March 2019 after two crashes in five months killing a total of 346 people.
The redesigned version of the ‘737 MAX’ airliner has recently staged its first post-grounding flight with media on board. It made a 45-minute flight from Texas to Oklahoma in the US. The flight’s first commercial passenger flight is scheduled in the month-end of December.

Notes:
Indian Gas Exchange (IGX) was launched in 2020 as India’s first automated national-level trading platform for physical delivery of natural gas.
IGX is a wholly-owned subsidiary of the Indian Energy Exchange (IEX). Recently, IGX obtained all necessary approvals as per the provisions of the Petroleum and Natural Gas Regulatory Board (Gas Exchange) Regulations, 2020. It becomes the first regulated Gas Exchange of the country.

Notes:
The Parliament of Australia has recently passed a legislation that permits the country to block any agreement made between the country and a foreign government.
The legislation empowers foreign minister to veto any international agreement that are inconsistent with the foreign policy of Australia or is seen to affect Australia’s interest.