Current Affairs Quiz - December, 2020

Notes:
Based on the shadow of the earth falling on the moon, the lunar eclipse is classified into three categories. Full, Partial or Penumbral Lunar Eclipse.
The Penumbral Lunar Eclipse occurs when the moon passes through the outer shadow of the earth. The last full moon occurring in November, before the winter solstice, is also called as the ‘Beaver moon’, named after Beavers, the rodents found in temperate regions.

Notes:
Russia has successfully test fired a ‘Tsirkon’ hypersonic cruise missile in the Arctic Region recently. The missile was fired from a frigate war ship named Admiral Gorshkov.
The missile was fired from the white sea on to a naval target located 450 km away in the Barents Sea. The missile cruised at a speed of over Mach 8 and brought down the target.

Notes:
The Asian Development Bank (ADB) has approved a USD 430 million multi-tranche financing facility (MFF) to improve Power Distribution Network of Uttar Pradesh.
Named as the ‘Uttar Pradesh Power Distribution Network Rehabilitation Project’, it aims to improve the quality of electricity supply in the state. The project is estimated to benefit around 70 million people in 46,000 rural villages.

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:
The United States has issued an order to ban the cotton and cotton products from the Xinjiang Production and Construction Corps (XPCC), one of the largest producers of China.
The U.S. Customs and Border Protection agency issued “Withhold Release Order” to increase economic pressure on the Xinjiang region. US cites the reason for the ban as ‘slave labour’ of detained Uighur Muslims used by China.

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 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.

Notes:
The Reserve Bank of India’s Monetary Policy Committee (MPC) held on December 4, 2020 decided to keep interest rates unchanged with an “accommodative” policy stance.
The MPC has kept repo rate unchanged at 4% and maintained reverse repo rate at 3.35%. RBI also predicted a real GDP growth of -7.5% for FY21, from the earlier prediction of -9.5%. MPC also expected that the inflation rate will remain high.

Notes:
Waqf Boards and Waqf Council is administered under the Ministry of Minority Affairs.
The central Waqf council has decided recently that the Waqf Boards will be set up in the Union Territories of Jammu and Kashmir and Ladakh, soon. This is the first time, Waqf Boards will be established in the J&K and Leh-Kargil areas of India.

Notes:
The Central Pollution Control Board (CPCB) has recently raised concern on pollution and frothing in Yamuna River.
The body has asked Delhi, Uttar Pradesh, Haryana and other states to implement effective sewage treatment. Increase in ammonia level from untreated water and industrial effluents containing phosphorous are the two main reasons for frothing.