Current Affairs : 18-12-2020 in English

Important Day

  • Theme for International Migrants Day 2020 (18 December) - Reimagining Human Mobility.
  • Arabic Language Day - 18 December.

Defence

  • This organisation will develop six new Airborne Warning and Control System (AWACS) planes that will improve the Indian Air Force's surveillance capabilities - Defence Research and Development Organisation (DRDO).

Economy

  • The National Payments Corporation of India (NPCI) has launched an offline contactless payments feature for - RuPay cardholders.
  • The metal credit card, 'Pioneer Heritage Credit Card', was launched by - IndusInd Bank.

International

  • The Indian government has approved the 6th multi-facilitated Integrated Check Post (ICP) along the India-Bangladesh borders in - Sabroom in southern Tripura.

National

  • The Government of India and _____ signed a loan agreement for one thousand million dollar to provide support to Aatma Nirbhar Bharat Abhiyan through MGNREG Scheme - New Development Bank.
  • Winner of the prestigious Golden Peacock Environment Management Award for the year 2020 in the Steel Sector, given by the Institute of Directors - Steel Authority of India Limited (SAIL).
  • This organisation approved four India projects worth over US $800 million to support development initiatives in Chhattisgarh, Nagaland and Second Dam Improvement and Rehabilitation Project (DRIP-2) - World Bank.

Persons in News

  • Indian who is elected as the Vice President of Asia Pacific Broadcasting Union (ABU) for three years - Shashi Shekhar Vempati (CEO of Prasar Bharati).
  • Indian entrepreneur who won the prestigious "Young Champions of the Earth" 2020 prize given by the United Nations Environment Programme (UNEP) - Vidyut Mohan (co-founder of "Takachar").

Sports

  • Host of the 2030 Asian Games - Qatar (at Doha).
  • New event program in the 19th Asian Games Hangzhou 2022 - Esports and breaking.

State Current Affairs

  • This state government has announced Kisan Kalyan Mission, a special program to double the income of farmers - Uttar Pradesh.
  • India’s first mega leather park will be establish in - Kanpur's Ramaipur village (Uttar Pradesh).

Science & Technology

  • Scientists at the International Advanced Research Center for Powder Metallurgy and New Materials (ARCI), and _____ have developed high-performance hybrid supercapacitors, which can pave the way for the next generation high power-high energy storage devices - Indian Institute of Technology, Hyderabad.

General Knowledge

  • Asia Pacific Broadcasting Union - Founded: 01 July 1964; Headquarters: Kuala Lumpur, Malaysia.
  • The risk that a party to a contractual agreement or transaction will be unable to meet its obligations or will default on commitments - Credit Risk.
  • The risk of loss arising from movements in market prices or rates away from the rates or prices set out in a transaction or agreement - Market risk.
  • Techniques used to mitigate the credit risks through exposure being collateralised in whole or in part with cash or securities or guaranteed by a third party - Credit risk mitigation.
  • A bond-type security in which the collateral is provided by a pool of mortgages - Mortgage Back Security.

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