21st December 2018 Current Affairs

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Govt online training programme launched

  • ‘iGOT’ (Integrated Government Online Training Programme) was launched on 20 December 2018.
  • It was developed by Department of Personnel and Training, Ministry of Personnel, Public Grievances & Pensions.
  • It will augment the existing training mechanism, provided to government servants, with online module-based training coupled with certification.

Consumer Protection Bill passed in Lok Sabha

  • On 20 December 2018, Lok Sabha passed the Consumer Protection Bill, 2018 that seeks to replace the Consumer Protection Act, 1986.
  • The Bill enforces consumer rights and provides a mechanism for redressal of complaints regarding deficiencies in goods and services.
  • It seeks to establish Consumer Disputes Redressal Commissions at District, State,​ and National levels.

Sri Lanka: 28 Cabinet Ministers sworn in today

  • Sri Lankan President Maithripala Sirisena administered the oath of office to the 28 cabinet ministers.
  • The swearing-in comes after the leader of United National Party (UNP) Ranil Wickremsinghe took over as Prime minister.
  • Mr Thilak Marapana is the foreign minister while Mr. Mangala Samarweera retained the finance portfolio.
  • Prime Minister Mr. Wickremsinghe has kept with himself the portfolio of national policies, economic affairs, resettlement and rehabilitation and northern development.

India & China held ‘People-to-People’ meeting

  • India and China held the first ever meeting of the ‘India-China High Level Mechanism on Cultural and People-to-People Exchanges’.
  • The meeting was held in Delhi on 21 December 2018.
  • The meeting was attended by External Affairs Minister Sushma Swaraj and her Chinese counterpart Wang Yi.
  • The meeting aims to strengthen bilateral cultural ties.

RBI caps outstanding ECBs at 6.5% of GDP

  • On 20 December 2018, the Reserve Bank of India (RBI) announced a cap for outstanding stock of External Commercial Borrowings (ECB) at 6.5% of GDP of the country.
  • The outstanding stock of ECB as on 30 September 2018 was $126.29 billion.
  • ECBs refer to commercial loans in the form of bank loans, securitised instruments buyers’ credit, suppliers’ credit availed of from non-resident lenders.

ICC orders PCB to pay 60% of a compensation claim to BCCI

  • The International Cricket Council’s (ICC) Dispute Resolution Panel has ordered Pakistan to pay 60% of the cost demanded by the Board of Control for Cricket in India (BCCI).
  • Earlier, the ICC rejected Pakistan Cricket Board PCB’s compensation claim which blamed India for lack of bilateral series between the two nations.
  • The Panel orders the PCB to pay the BCCI 60% of the claimed Costs, administrative costs and expenses of the Panel.
  • The BCCI has been asked to pay 40% of the administrative costs and expenses of the Dispute Resolution Committee (DRC).

US Defence Secretary Jim Mattis resigns

  • US Defence Secretary (26th) Jim Mattis has resigned from his post due to policy differences with President Donald Trump (leave on Feb 2019).
  • General Mattis’ departure comes a day after, President Trump has announced that all US troops would be withdrawn from Syria.
  • Jim Mattis was sworn in on 20 January 2017.
  • The Secretary of Defense is appointed by the President with the advice and consent of the Senate and is by custom a member of the Cabinet and by law a member of the National Security Council.

Infosys appoints Nilanjan Roy as CFO

  • India’s second largest IT services firm Infosys named Nilanjan Roy as its Chief Financial Officer (CFO), effective from 1 March 2019.
  • He replaces interim CFO Jayesh Sanghrajka, who will resume his responsibilities as deputy CFO.
  • Before joining Infosys, he was the Airtel’s global CFO since August 2015.
  • Before Airtel, he was with Unilever Plc for 15 years.

Gujarat emerges as best performing state in start-up ranking 2018

  • Gujarat has emerged as the best-performing state in the Startup Ranking 2018.
  • The National Report on States’ Startup Ranking was unveiled by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry in New Delhi.
  • Gujarat (100%) has performed better than all other states in all the seven areas including startup policy, incubation support, seeding innovation and scaling innovation.
  • Karnataka, Kerala, Odisha and Rajasthan (score- more than 85 percentile) have been adjudged the top performers.

Tembhu irrigation scheme approved by Maha Govt

  • The Maharashtra government approved a sum of Rs 4,089 crore for the ‘Tembhu lift irrigation’ scheme in Satara district.
  • The irrigation project will benefit the drought-prone areas of Satara, Solapur and Sangli districts.
  • The scheme is about constructing barrages on the river Krishna near Tembhu village and lifting 22 billion cubic feet water to irrigate 80,000-hectare areas.

Conservation project for lions launched

  • The Ministry of Environment, Forest and Climate Change launched the ‘Asiatic Lion Conservation Project’ on 20 December 2018.
  • The aim of the project is to protect and conserve the world’s last ranging free population of Asiatic Lion and its associated ecosystem.
  • The project will be funded from the Centrally Sponsored Scheme- ‘Development of Wildlife Habitat’ (CSS-DWH).

Try out the quiz ?

1. Govt. has launched online training programme ‘iGOT’. What is full name of iGOT?

Correct! Wrong!

‘iGOT’ (Integrated Government Online Training Programme) was launched on 20 December 2018.

2. Lok Sabha passed the Consumer Protection Bill, 2018 that will seek to replace which of the following Act.?

Correct! Wrong!

On 20 December 2018, Lok Sabha passed the Consumer Protection Bill, 2018 that seeks to replace the Consumer Protection Act, 1986.

3. United National Party (UNP) is a poltical party of which of the following country?

Correct! Wrong!

Sri Lankan President Maithripala Sirisena administered the oath of office to the 28 cabinet ministers. The swearing-in comes after the leader of United National Party (UNP) Ranil Wickremsinghe took over as Prime minister.

4. ‘People-to-People Exchanges’ meeting held between which of the following nation?

Correct! Wrong!

India and China held the first ever meeting of the ‘India-China High Level Mechanism on Cultural and People-to-People Exchanges’.

5.RBI caps outstanding ECBs at 6.5% of GDP. What is full form of ECB?

Correct! Wrong!

On 20 December 2018, the Reserve Bank of India (RBI) announced a cap for outstanding stock of External Commercial Borrowings (ECB) at 6.5% of GDP of the country.

6. ICC orders PCB to pay how much percent of a compensation claim to BCCI?

Correct! Wrong!

The International Cricket Council's (ICC) Dispute Resolution Panel has ordered Pakistan to pay 60% of the cost demanded by the Board of Control for Cricket in India (BCCI).

7. Defence Secretary Jim Mattis has resigned from his post. He was Defence secretary of which country?

Correct! Wrong!

US Defence Secretary (26th) Jim Mattis has resigned from his post due to policy differences with President Donald Trump (leave on Feb 2019).

8. who is Infosys new CFO?

Correct! Wrong!

India’s second largest IT services firm Infosys named Nilanjan Roy as its Chief Financial Officer (CFO), effective from 1 March 2019.

9. which state emerges as best performing state in start-up ranking 2018?

Correct! Wrong!

Gujarat has emerged as the best-performing state in the Startup Ranking 2018. The National Report on States' Startup Ranking was unveiled by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry in New Delhi.

10. Tembhu irrigation scheme approved by which state Govt.?

Correct! Wrong!

The Maharashtra government approved a sum of Rs 4,089 crore for the ‘Tembhu lift irrigation’ scheme in Satara district.

11. The Ministry of Environment, Forest and Climate Change launched the ‘Asiatic Lion Conservation Project’ on 20 December 2018. This scheme Sponsored by which organization?

Correct! Wrong!

The Ministry of Environment, Forest and Climate Change launched the ‘Asiatic Lion Conservation Project’ on 20 December 2018. The aim of the project is to protect and conserve the world’s last ranging free population of Asiatic Lion and its associated ecosystem. The project will be funded from the Centrally Sponsored Scheme- ‘Development of Wildlife Habitat’ (CSS-DWH).

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