Current Affairs Quiz - December, 2020

Notes:
The Central Government has decided to forego interest on eight specified categories of loans paid up to Rs two crore, on account of Covid-19 pandemic.
The Supreme Court of India has directed the government again to take steps to forego the interest in eight categories of loans, namely MSME, Education, Housing, Consumer durable, Credit card, Automobile, Personal and Consumption.

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:
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 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:
Japan’s spacecraft named ‘Hayabusa2’ is approaching the Earth after a year-long journey from an asteroid Ryugu, about 300 million kilometers from earth.
As per the Japan Aerospace Exploration Agency, the spacecraft will bring soil samples and data that could provide clues to the origins of the solar system and life on Earth. The agency would drop the capsule containing the samples, in southern Australia.

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:
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:
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.

Notes:
Recently, the state Government of Jharkhand has accepted the Union Government’s alternative offer to meet the GST compensation shortfall for States. By this, all states and 3 UTs have joined the option 1.
To compensate the shortfall in GST, the central government has proposed two options – First, States can borrow ₹1.1 lakh crore out of the estimated ₹ 2.35 lakh crore shortfall or second, states could borrow the entire compensation shortfall through the issue of market debt.

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.