Current Affairs Quiz - December, 2020

Notes:
Alejandro ‘Alex’ Olmedo, who won the Wimbledon and Australian Championships singles titles in 1959, died recently at the age of 84.
The legendary player was inducted into the International Tennis Hall of Fame in 1987. He was born in Peru and moved to the United States. He also won the Davis Cup trophy for the United States in 1958. For over 25 years, the veteran player was teaching tennis.

Notes:
Every year December 12th is observed as the International Day of Neutrality by the United Nations. Neutrality is defined as abstention of a state from all participation in a war and maintaining impartiality.
A resolution in this regard was adopted by the United Nations in the year 2017, which was introduced by Turkmenistan.

Notes:
Gujarat is set to launch the country’s first online mechanism for approval and renewal of fire safety certifications for buildings.
A portal named ‘Fire Safety COP’ will be launched for implementing the process. Under the system, the state will train and empanel private ‘Fire safety officers (FSOs)’ to carry out periodic inspection and maintenance of fire safety systems.

Notes:
The Indian Coast Guard has recently launched an operation named “Operation Oliva”. This operation aims to protect the Olive Ridley turtles of the Odisha coast, which are endangered.
The Coast Guard has launched two ships near the major nesting sites, to prevent entry of fishing vessels. Aircrafts of the coast guard have also been deployed as a part of this operation.

Notes:
The USA’s Electoral College has ratified the results of the elections and has declared that Joe Biden would be next President of the country.
The Electoral College of USA is required to be formed once in 4 years, as per the us Constitution for the purpose of electing the President and Vice President.

Notes:
The Department of Posts and India Post Payments Bank (IPPB) have launched a new digital payment application named ‘DakPay’.
It is a suite of digital banking services provided through their postal network, across the country. The features include Domestic Money Transfers – DMT, Virtual debit card, UPI payment, AePS and Bill payment.

Notes:
The Union Finance Minister chairs the Financial Stability and Development Council (FSDC) meeting. FSDC was constituted as a non-statutory apex body under the Ministry of Finance in 2010.
Recently, the 23rd FSDC meeting was chaired by the Union Finance Minister Nirmala Sitharaman via video conferencing. The meeting discussed India’s efforts to economic recovery and the policy measures taken by the government.

Notes:
Leading public sector bank, Canara Bank has launched “FX 4 U” facility for forex remittance through Internet Banking.
All eligible individual customers can undertake remittance facility through this platform, as per the regulations of Foreign Exchange Management Act (FEMA). Corporate customers can also submit the Letter of Credit (LC) applications through internet banking.

Notes:
International Development Association (IDA) is member of the World Bank Group, headquartered in Washington, D.C. It offers concessional loans and grants to the poorest developing countries.
The IDA has signed a USD 400 million agreement with India, to support India’s efforts to provide social assistance to the poor and vulnerable households, affected by the COVID-19 pandemic. Earlier, the World Bank group had approved a USD 750 million loan to India.

Notes:
The United Nations Development Programme introduced a new measure named called the Planetary Pressures-adjusted HDI, or PHDI.
It assesses the impact caused by each country’s per-capita carbon emissions and its material footprint. While India stands at 131st rank in the Human Development Index, when this metric is considered, India is placed at 123rd rank in the list, which is topped by Ireland.