Current Affairs : 17-12-2020 in English

Defence

  • Defence Minister Rajnath Singh unveiled the logo for 'Swarnim Vijay Varsh' to mark the 50th anniversary of the - 1971 India-Pakistan war.

International

  • India's rank in UNDP Human Development Index 2020 (HDI 2020) - 131.
  • First position in the Human Development Index 2020 - Norway (Last: Niger at 189).

National

  • India will set up a national security committee which will declare a list of trusted sources and products for telecom service providers; it will be headed by - deputy National Security Advisor.

Persons in News

  • Winner of Meghdoot Award 2019-20 in General category for Grameen Dak Sevak, given by Department of Posts - Kirtan Nayak.
  • Winner of Meghdoot Award 2019-20 in Best Woman Employee category - Rinchen.
  • Winner of the 2020 Distinguished Achievement Award, given by the United States-based International Security Foundation (ISF) - Dinesh Elangovan (Tamilnadu).
  • Winner of National Laadli Media award for the year 2020, instituted by Population First and supported by United Nations Population Fund - Rudra Prasanna Rath (Odia Columnist).
  • New Additional (Nominee, Non-Executive) Director of Universal Sompo General Insurance Co. - Partha Pratim Sengupta (MD & CEO of Indian Overseas Bank).

State Current Affairs

  • This state government launched the ‘YSR Free Crop Insurance’ scheme for the benefit of farmers who have lost their crops during 2019 - Andhra Pradesh.
  • This UT government launched "Nammazhvar Agriculture rejuvenation scheme" to provide a backend subsidy to farmers cultivating sugarcane - Puducherry.

General Knowledge

  • That portion of a company's profits not paid out as dividends to shareholders - Capital reserves (also known as undistributable reserves).
  • A committee of bank supervisors consisting of members from each of the G10 countries - BASEL Committee.
  • An Agreement concluded among country representatives in 1988 to develop standardised risk-based capital requirements for banks across countries - BASEL Capital Accord.
  • The notional amount of the asset is multiplied by the risk weight assigned to the asset to arrive at the risk weighted asset number - Risk Weighted Asset.
  • CRAR - Capital to Risk Weighted Assets Ratio.

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