Current Affairs Quiz - December, 2020

Notes:
The Real Time Gross Settlement System (RTGS) transaction was introduced in India in the year 2004. Presently, RTGS handles a transaction volume of Rs 4.17 lakh crore per day and it is used by 237 participant banks.
Recently, Reserve Bank of India has permitted for round the clock RTGS facility in India, which makes India one among the very few countries offering this service.

Notes:
The Indian Space Research Organisation has announced that it is set to launch the communication satellite CMS-01 onboard the Polar Satellite Launch Vehicle (PSLV-C50).
The launch is scheduled on December 17 from the Satish Dhawan Space Centre at Sriharikota. PSLV-C50 is the 52nd mission of PSLV and the communication satellite will provide services to the Indian mainland, Andaman-Nicobar and Lakshadweep Islands.

Notes:
The state of Maharashtra is set to launch an ambitious scheme for distribution of assistive devices to persons with disabilities.
Named as Maharashtra System for Health and Rehabilitation Assistance or ‘MahaSharad’, the Digital Platform is named after the NCP chief Sharad Pawar. The platform, which aims to lakhs of people, will be available by March 2021.

Notes:
The United Nations General Assembly created UNICEF on December 11, 1946, as the United Nations International Children’s Emergency Fund.
The programme was originally initiated to provide assistance to improve the nutrition, education, and welfare of children after World War II. It was later renamed as United Nations Children’s Fund. UNICEF Day is observed every year on December 11.

Notes:
A start-up company incubated by the Kerala Startup Mission (KSUM) – Riafy Technologies has been conferred with four awards at a contest conducted by the smartphone manufacturer Huawei.
The firm was formed seven years ago and emerged as a winner under the best app and the most popular app categories of the contest. It has become the only Indian firm to be in the list of winners.

Notes:
The Export-Import Bank of India (Exim Bank) has recently extended a USD 448-million line of credit (LOC) for various infrastructure projects in Uzbekistan.
Extended on behalf of the Indian government, the LoC would be used in various projects in transport, water and technology sectors in the country. EXIM Bank has so far extended 266 LOCs to various countries.

Notes:
The Food and Agriculture Organisation (FAO) of the United Nations (UN) has stated that more than 5 million people of Yemen would head towards hunger in the year 2021.
Also, FAO has estimated that more than 50,000 people in the country would be living in famine conditions by next year. Yemen has been in a civil war since 2014 and the normal life of the Arab country has been severely hurt.

Notes:
The Swadhinata Sarak, which is a road link between India and Bangladesh, is set to be reopened on 26th March 2021.
Swadhinata Sarak is a road that was formed in the Meherpur district of Bangladesh, that was formed during a provisional government was in charged in 1971. The reopening of the road will be held to mark the 50 years of Bangladesh’s Independence and to enhance Indo-Bangladesh bi lateral ties.

Notes:
UNESCO has launched the ‘2020 State of the Education Report for India: Vocational Education First’ report, virtually in New Delhi.
This is the second edition of the State of Education Report and it focuses on technical and vocational education and training (TVET). UNESCO also reaffirmed to support India in the National Skill Development Mission.

Notes:
The Reserve Bank of India (RBI) has decided to set up an Automated Banknote Processing Centre (ABPC) in Jaipur.
The Centre would undertake all processes for receipt, storage and dispatch of currency notes. It would also process the banknotes received from currency chests and bank branches, and destroy soiled banknotes in an automated manner.