Current Affairs Quiz - December, 2020

Notes:
The Asian Development Bank (ADB) and the Government of India has recently signed a USD132.8 million loan to modernize the distribution network and improve the quality of power supplied in Meghalaya.
This project supports the state government’s initiative “24×7 Power for All” initiative. This will also help the state reduce its high technical and commercial losses. Meghalaya has achieved 100 per cent electrification while there were incidents of frequent power interruptions.

Notes:
West Bengal state government has recently launched a massive outreach programme named “Duare Sarkar” or “Government at your doorstep”.
Under the programme, people can avail the benefit of over 11 schemes of the state including Kanyashree, Khadya Sathi and Sikshashree. Chief Minister Mamata Banerjee had announced to set up ‘Duare Sarkar’ camps in the state for redressing grievances of people.

Notes:
China launched the ambitious ‘One Belt and One Road’ (OBOR) initiative in 2013, to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea routes.
During the 19th meeting of the Council of Heads of Governments of the SCO, all other member nations of SCO, except India reaffirmed their support to the OBOR project of China. India is critical of the China Pakistan Economic Corridor (CPEC), a part of OBOR.

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 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:
The Reserve Bank of India (RBI) has recently directed HDFC Bank to temporarily halt all its digital launches and new sourcing of credit card customers.
The country’s largest private sector lender has been asked to stop the digital launches as the bank had faced technical glitches in the past two years. RBI also asked the bank’s board to examine the lapses and fix accountability.

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:
The 18th-century idol of Goddess Annapurna that was stolen from a temple in Varanasi, is being returned by Canada.
As per a government statement, the ancient idol was stolen about 100 years ago. The idol is said to have housed in Canada’s MacKenzie Art Gallery. It was handed over to India’s High Commissioner to Ottawa.

Notes:
The Senate of United States of America has passed a bill which envisages to remove the restrictions on number of employment related immigration visas from a particular country.
This bill has been passed unanimously by the Senate. This relaxed legislation is expected to benefit many Indian professionals in America.

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.