Current Affairs Quiz - December, 2020

Notes:
US based- Merriam-Webster, known for its dictionaries, has recently announced ‘pandemic’ as its 2020 word of the year.
As per the company, when the World Health Organisation declared the novel coronavirus outbreak a global pandemic on March 11, the searches on the site for ‘pandemic’ rose hugely. The word has roots in Latin and Greek. It is a combination of pan, meaning all, and demos, meaning people.

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 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:
‘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:
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:
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:
December 2 is observed as National Pollution Control Day every year, in the memory of those who lost their lives in the Bhopal Gas tragedy and to create awareness on environment pollution.
Bhopal Gas tragedy, one of the biggest industrial pollution disasters of the country, occurred on the night of December 2nd and 3rd, 1984. Many people died due to the leakage of the poisonous gas Methyl Isocyanate.

Notes:
The recent spread of Leaf Fall Disease in rubber plantations of Thailand has been a cause of worry to Indian Plantations.
In November, the total affected area of rubber plantation of Thailand was 90,000 ha and there is a potential production loss of 1.30 lakh tons of rubber. It has been cited by Rubber Board officials that the disease has the potential to spread to India.

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:
The Hayabusa2 spacecraft belonging to Japan Aerospace Exploration Agency (JAEA) has successfully separated from a capsule in space, and is descending toward Earth.
The capsule is carrying samples from distant asteroid that is expected to provide information about the origin of Earth. The spacecraft was launched from Japan last year.