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 World AIDS Day is observed every year on the 1st of December, since 1988. It is an international day dedicated to raise awareness about AIDS and to mourn for those who have lost life due to this pandemic.
The theme for this year’s AIDS Day is “Ending the HIV/AIDS Epidemic: Resilience and Impact”. There were 38 million people living with HIV infection, in the year 2019.

Notes:
Avian Influenza, commonly called as the Bird flu, has been detected in a fourth region in Japan. This can be the country’s worst outbreak in over 4 years.
Avian influenza was discovered at a poultry farm in Hyuga city in Honshu island in southwestern Japan. However, the country announced that there is no possibility that humans will contract bird flu from eating poultry or eggs. It has also decided to cull over 1.8 million chickens.

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:
Manila-based Asian Development Bank has signed a USD 50-million policy-based loan for the West Bengal Public Finance Management Investment Programme.
The loan aims to improve financial management and operational efficiencies of the state. A centre for fiscal policy and public finance will be established along with a web-based grievance redressal system for transport corporations and urban local bodies.

Notes:
The Chardham highway project is a 900-km strategic projects, which aims to provide all-weather connectivity to four holy towns in the state of Uttarakhand- Kedarnath, Badrinath, Gangotri and Yamunotri.
Recently, the Supreme Court has asked the committee monitoring the Chardham highway project, to consider the Defence Ministry’s application to widen three highways in the Indo-China Border up to 7 metres.

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:
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:
The Supreme court on Thursday upheld that the Goods and Service Tax (GST) shall be imposed on the sale of lotteries, betting and gambling.
The Bench also highlighted that the GST Act, 2017 defines the goods to include ‘actionable claims’ and included only three categories of such claims namely lottery, betting and gambling, to levy GST. Actionable claim is the claim for a debt related to any benefit from unpossessed movable property and for which relief can be claimed in civil court.

Notes:
During the India-Oman virtual dialogue recently held, Oman announced to establish first-of-its-kind Oman-India Friendship Association.
This is the first such initiative in West Asia led by the Foreign Ministry. In December 2019, India and Oman signed a Maritime Transport Agreement during the visit of Foreign Minister Jaishankar to the country.