Current Affairs Quiz - December, 2020

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:
Shaheen (Eagle)-IX is the 9th joint Air Force Exercise between Pakistan and China. It conducted at an Air Force Base at Pakistan.
It is designed to deepen the cooperation between the two countries and enhance their combat skills. The first such exercise was conducted in the year 2011 at Pakistan. Every year, this exercise is held alternatively in China and Pakistan.

Notes:
Scientists have stated that the strongest meteor shower of the year – “Geminids meteor shower” would be active from December 4 to 20 this year. These meteors originate from 3200 Phaethon Asteroid and its diameter is about 5 Km. This meteor was discovered in the year 1983 and has been named after the Greek myth of Phaethon the son of Sun god Helios.

Notes:
Britain Prime Minister Boris Johnson accepted the invitation by Prime Minister Narendra Modi to be the Chief Guest at India’s Republic Day celebrations on 26 January, 2021 in New Delhi.
With this, Boris Johnson becomes the second UK prime minister to attend the celebrations after John Major in 1993. Moreover, UK Prime Minister has invited Indian Prime Minister Narendra Modi to join the UK-hosted G7 summit next year.

Notes:
Vigyan Yatra is the name of the promotional activity of the India International Science Festival. Mobile science exhibition vans were flagged off from many cities as a part of the activity, to promote the culture of science among the people.
The sixth edition of the India International Science Festival to be organised from December 22 to 25 on a virtual platform due to the COVID-19 pandemic.

Notes:
Veteran aerospace scientist and Padma Vibhushan awardee Roddam Narasimha has recently passed away at the age of 87.
He served at the Indian Institute of Science (IISc), teaching Aerospace Engineering from 1962 to 1999. He also served as the director of the National Aerospace Laboratories. He was conferred with the Padma Vibhushan award in 2013.

Notes:
The World Bank has recently approved four India projects worth over USD 800 million to support development schemes.
The projects include Chhattisgarh Inclusive Rural and Accelerated Agriculture Growth Project (CHIRAAG), Enhancing Classroom Teaching and Resources Project in Nagaland and Second Dam Improvement and Rehabilitation Project (DRIP-2) across various states.

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:
A Coroner in the United Kingdom has delivered a landmark judgement, which stated that severe air pollution was the cause of the death of a 9-year-old child in the year 2013.
The child named Ella Kissi-Debrah died in a hospital due to acute respiratory failure, severe asthma and air pollution exposure.

Notes:
The United States Treasury named Switzerland and Vietnam as Currency manipulators. It also added India in the watch list of Currency manipulators.
As per the U.S. Treasury, Switzerland and Vietnam had intervened heavily in currency markets to prevent balance of payments (BoP) adjustments. The ‘Monitoring list’ of countries has reached ten, with the additions of Taiwan, Thailand and India.