Monthly Current Affairs Quiz - December, 2017

Notes:
Suresh Prabhu, the Union Minister of Industry and Commerce, was the chief guest for the Shared Value Summit 2017 in New Delhi on December 1. The summit was organised by Shared Value Initiative India, Institute for Competitiveness (India), and SoulAce & India Council on Competitiveness in association with BusinessLine. The theme of the summit was “Equity and Empowerment”. The purpose of the summit is to encourage businesses to adopt the practice of shared value by imbibing the spirit of inclusivity in their business models. The summit aims to provide a platform to identify and address the barriers that exist to equality and empowerment in the Indian society.

Notes:
India was re-elected to the Council of the International Maritime Organisation (IMO) under Category B at an assembly of the organisation at its headquarters in London on December 1, 2017. Indian High Commissioner to the UK, YK Sinha represented India at the assembly where India secured the second-highest 144 number of votes from member-countries, just after Germany’s 146. India has been one of the earliest members of the IMO, having ratified its convention and joined it as a member-state in the year 1959. India has been elected to the Council of the IMO ever since it started functioning, except for a two-year hiatus during 1983-1984. The IMO Council plays a crucial role in deciding various important matters within the mandate of the IMO, in relation to the global shipping industry and its work strategy and budget. 

Notes:
The Indian Navy Day (IND) is observed every year on 4th December every year to remember the courage and determination that Indian Navy had shown during the 1971 war. During the India-Pakistan war of 1971, the Indian Navy played a significant role in the bombing of the Karachi harbor and sank Pakistan Naval Ship PNS Ghazi. The Navy Day celebrations not only display the nation’s technological progress but also the maritime achievements of India. The Indian Navy plays a great role in securing the marine borders of the country as well as enhancing the international relations of the country through foreign port callings, joint exercises, humanitarian missions and calamity relief.

Notes:
Mumbai batsman Prithvi Shaw will lead a 16-member Indian team in ICC Under-19 Cricket World Cup 2018. The 16-team event will be held in New Zealand from 13th January to 3rd February 2018. The 16-team event will be held in New Zealand from 13th January to 3rd February 2018. India has won the Under-19 World Cup title thrice in 2000, 2008 and 2012. They made the final of the 2016 edition in Bangladesh but lost to West Indies by five wickets. As part of India’s preparation for the coveted tournament, a camp will be held in Bengaluru starting on December 8, 2017.

Notes:
The Asian Development Bank (ADB) has approved debt financing and partial risk guarantee of 583 million to develop Reliance Power’s 750MW LNG based combined cycle power plant and LNG terminal project in Bangladesh. ADB’s financing package includes loans and partial risk guarantees for the power generation facility, as well as for the LNG terminal. The total project cost is approximately 1 billion.

Notes:
Venezuelan President Nicolas Maduro launched a crypto-currency “Petro” to advance issues of monetary sovereignty, make financial transactions and overcome the financial blockade. Beside this, Petro will also circumvent US-led financial sanctions. The digital currency will be backed by Venezuelan reserves of gold, oil, gas and diamonds.

Notes:
India has won the first-ever South Asian Regional Badminton Team Championship. In the title clash played in Guwahati on 6th December 2017, India defeated Nepal, 3-0. The Indian team, which came into the Final without losing a single match, continued their good run with Aryaman Tandon drawing first blood in the boys’ singles competition. He defeated Dipesh Dhami 21-9, 21-15. Ashmita Chaliha continued the Indian juggernaut as she danced her way to a 21-9, 21-6 win over Rashila Maharjan in the Girls’ singles event. In Boys’ Doubles, the pair of Arintap Dasgupta and Krishna Prasad came back from a game behind to beat the duo of Dipesh Dhami and Nabin Shrestha 19-21, 21-14, 21-11 to seal the deal for India.

Notes:
Uttar Pradesh has become the first State to endorse the Central government’s draft bill that makes instant triple talaq a cognisable and non-bailable offence. The draft law, which provides for three-year imprisonment and a fine to a man trying to divorce his wife by uttering “talaq” three times, got the State government’s approval at a Cabinet meeting, chaired by Chief Minister Yogi Adityanath in Lucknow on December 5, 2017.

Notes:
The Armed Forces Flag Day is observed every year in India on December 7 to remember the sacrifices and commemorate the honour to the soldiers, airmen and sailors. The day observed since 1949 and is dedicated towards collection of funds from people for the welfare of the Armed Forces personnel. It is the duty of every Indian to look after the wellbeing of those who have sacrificed their lives for the nation. Flag Day is an opportunity for every Indian citizen to contribute most generously to the Armed Forces Flag Day Fund.

Notes:
The National Commission for Minorities has set up a 3-member committee to look into whether Hindus should get minority status in seven states and a Union Territory where they are not the dominant religious group. The panel, led by the commission’s Vice Chairman George Kurien, has been given three months to submit its report. The commission’s decision is based on a plea filed by Bharatiya Janata Party leader Ashwini Upadhyaya, whose petition on the matter was rejected by the Supreme Court on November 10. The court had directed him to approach the minorities’ commission. The states and the Union Territory named in the plea are Lakshadweep, Mizoram, Nagaland, Meghalaya, Jammu and Kashmir, Arunachal Pradesh, Manipur and Punjab.