Current Affairs Quiz - December, 2021

Notes:
India’s Defence Research and Development Organisation (DRDO) and Indian Air Force (IAF) successfully flight-tested the stand-off anti-tank (SANT) missile from Pokhran range.
The indigenously designed and developed helicopter-launched missile has the ability to neutralise targets in a range of up to 10 kilometres. It also has a millimetre wave (MMW) seeker which provides high precision strike capability from distance.

Notes:
Indian Government passed an amendment to the Deposit Insurance and Credit Guarantee Corporation Act to ensure that account holders can access their insured deposit amount within 90 days.
Prime Minister Narendra Modi attended a bank deposit insurance programme and said that Rs 1,300 crore had been paid to over 1 lakh depositors whose banks faced financial crises. 3 lakh such depositors were set to receive funds stuck in such accounts.

Notes:
The Log4j vulnerability is a software flaw as reported by cyber-security researchers that could allow attackers to have uncontrolled access to computer systems.
Dubbed CVE-2021-44228, it could impact several products from those of Apple to Microsoft. US government’s cyber-security agency has also issued a warning on the same. The issue was discovered in Microsoft-owned Minecraft.

Notes:
Max Verstappen recently became the first Dutchman ever to win the Formula One world championship title.
He achieved this feat when he won a dramatic season-ending Abu Dhabi Grand Prix at the Yas Marina circuit. The 24-year old is a Belgian-Dutch racing driver, who has been contesting since 2015.

Notes:
Scientists at the Himalayan Research Group NGO, a part of Department of Science and Technology Programme of Science for Equity Empowerment and Development (SEED) Division devised a customized solar water and space heating system.
Named the ‘Solar hamam’, the system is a cost-effective alternative to fuelwood. In the higher Himalayan region, 50% of fuelwood is consumed for the purpose of heating and is also a main reason for forest degradation.

Notes:
For the first time in European Union, Malta has become the first country to legalise cannabis at home and for personal use.
Under the new law of Malta, people aged 18 and above will be allowed to have up to seven grams of cannabis and grow up to four plants at home. But consuming cannabis in public remains illegal and punishable by a fine. The new law is set to go to the President for approval.

Notes:
The Reserve Bank of India (RBI) introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs).
The PCA framework for NBFCs comes into effect on October 1 next year on the basis of their financial position on or after March 31. NBFCs not taking deposits and with an asset size of less than Rs 1,000 crore, primary dealers, government-owned NBFCs, and housing finance companies are exempt from this framework.

Notes:
The Geographical Indications Registry (GIR) has accepted the plea to rename Bihar Makhana as Mithila Makhana.
It also suggested amendments in the brand logo to reflect its origins along with identifying and protecting the product’s Geographical Indications (GI) rights. Makhana or fox nut is one of the most famous products of mithila region, span across Bihar and Jharkand.

Notes:
The Israeli government has announced to donate 1 million coronavirus vaccines to the U.N.-backed COVAX programme.
Italy’s Foreign Ministry said the AstraZeneca vaccines would be transferred in the coming weeks. This decision is seen as a part of Israel’s strengthening ties with the African countries. Israel has close ties with several African nations, including Kenya, Uganda, and Rwanda. Last year, Israel established relations with Sudan.

Notes:
The Union Cabinet headed by the Prime Minister of India has approved the construction of the Lakhwar Multipurpose Project in Uttarakhand, on the Yamuna River.
The project includes construction of a dam and a underground power house, to be constructed by Uttarakhand Jal Vidyut Nigam Ltd. This project would benefit Uttarakhand, Delhi, Rajasthan, Haryana, and Himachal Pradesh.