Current Affairs Quiz - December, 2020

Notes:
The Indian Council for Medical Research (ICMR) has approved the Dry Swab RT-PCR for COVID-19 testing, which was developed by CSIR’s Centre for Cellular and Molecular Biology, Hyderabad.
In this simple and fast method, nasal swab is collected and transported in dry state, as against the using the viral transport medium used in conventional testing. It does not require RNA isolation from the sample.

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:
US President-elect Joe Biden has recently appointed the country’s first all-female White House communications team.
He also appointed Jen Psaki, who earlier served as the spokesperson in Barack Obama administration, as the White House Press Secretary. Six other women who had held important positions, were appointed in the official Press Team.

Notes:
The cyclone name “Burevi” was suggested by Maldives. The second cyclone approaching India from Bay of Bengal has been named as “Burevi” as per the guidelines of World Meteorological Organisation (WMO).
The storm commenced its course from South West Bay of Bengal and it is the fifth tropical cyclone system that has developed in the Norther Indian Ocean, this year.

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.

Notes:
Microsoft India and the National Skill Development Corporation (NSDC) have partnered for the India edition of the Microsoft Imagine Cup 2021.
Imagine Cup is an annual innovation challenge held by Microsoft for students and technology enthusiasts. It aims to empower students to apply artificial intelligence and other technologies to solve the sustainability issues of the world.

Notes:
The Reserve Bank of India (RBI) has proposed to increase the limit for contactless card transactions to Rs 5,000 from Rs 2,000 per transaction from January 1, 2021.
This announcement was part of the RBI’s Statement on Developmental and Regulatory Policies, announced during the RBI’s bi-monetary policy announcement. The limit for e-mandates for recurring transactions using cards and UPI is also raised to Rs 5000.

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:
In 2019, the United Nations General Assembly designated December 4 as the International Day of Banks. It is celebrated for the first time in 2020.
The day is celebrated to recognise the importance of multilateral development banks and international development banks in financing sustainable development. It also recognises the role of the banking systems in improving the standard of living.

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.