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:
The Indian Navy has taken two MQ-9B Sea Guardian drones from an American defence company, on lease for 1 year.
The unmanned aerial vehicles, manufactured by US firm General Atomics, have been obtained on lease, to enhance surveillance over the Indian Ocean Region (IOR). The vehicles arrived at the naval air station INS Rajali in Tamil Nadu.

Notes:
Four Indian Boxers who are bound to appear for the forth coming Olympics have been included in the Target Olympic Podium Scheme (TOPS).
The TOPS scheme is launched by the Ministry of Sports and is implemented through the Sports Authority of India. Through the scheme, potential Medal winning athletes and sports personalities are identified for the forthcoming Olympic games.

Notes:
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman delivered a Keynote Address at the 20th Edition of Sri Lanka Economic Summit (SLES) 2020 in virtual format.
SLES is annually organized by the Ceylon Chamber of Commerce (CCC). The theme for this year’s event is “Roadmap for Take-off: Driving a People –Centric Economic Revival”.

Notes:
The New Zealand Government has recently declared a climate emergency. This decision has been taken by the government to stress the fact that if emission cuts are not recorded, the Intergovernmental Panel on Climate Change (IPCC) predictions on adverse environmental effects would be witnessed.
The country also announced that its public sector would strive to become carbon neutral by 2025.

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:
CLMV countries are Cambodia, Laos, Myanmar and Vietnam. They are also the members of the Association of South East Nations (ASEAN).
During the Inaugural Session of the 6th India – CLMV Business Conclave 2020, India invited the CLMV countries to join the International Solar Alliance and the Resilient Supply Chain Initiative by India.

Notes:
The National Institute of Naturopathy (NIN) is located in the city of Pune. The present building of NIN is called the “Bapu Bhavan”. Gandhiji performed many Naturopathy experiments and organised various national and International activities while staying here.
The Ministry of Ayush has proposed to name the upcoming new campus of National Institute of Naturopathy (NIN), Pune as “Nisarg Gram”.

Notes:
The Union Ministry of Information and Broadcasting has recently issued an advisory to all the private satellite channels to ensure that no advertisements that promote prohibited activities are telecasted.
The advisory mentioned that advertisements on online gaming, betting and fantasy sports were misleading and are inconsistent with the Ministry’s Advertising Code.

Notes:
Chinese scientists have developed a quantum computer named Jiuzhang. China has claimed it to be the world’s first light-based quantum computer.
It is said that the computer can solve extremely esoteric calculations called Gaussian boson sampling in 200 seconds, which a conventional supercomputer would take 600 million years to provide result.