12 December 2018 - Daily Current Affairs

12 December 2018 - Daily Current Affairs

1. Shaktikanta Das appointed as the new RBI Governor

  • Former economic affairs secretary Shaktikanta Das (IAS officer -1980 batch Tamil Nadu) has been appointed as the 25th governor of the Reserve Bank of India (RBI) for a period of three years.
  • Mr. Das replaces Urjit Patel, who resigned from the central bank.
  • He served in various capacities for Indian and Tamil Nadu governments, including as Economic Affairs Secretary of India, Revenue Secretary of India, Fertilizers Secretary of India.
  • Mr. Das (63-year) retired as the Economic Affairs Secretary in May 2017.
  • Currently, He is a member of the Fifteenth Finance Commission and also represents India at the G-20 in the role of a sherpa.
Know About Shaktikanta Das:
  • Mr.Das was schooled at the Demonstration Multipurpose School, Bhubaneswar.
  • He obtained bachelor's (BA) and master's degrees (MA) in history from the St. Stephen's College at the University of Delhi.
  • He did advance financial management course from IIM Bangalore and development banking and institutional credit from the NIBM.
  • RBI was established during the British rule under the RBI Act, 1934 and commenced its operations on 1st April 1935.
  • The Governor of the Reserve Bank of India is the chief executive of India's central bank and the ex-officio chairperson of its Central Board of Directors.
  • There are four deputy governors BP Kanungo, N S Vishwanathan, Viral Acharya and Mahesh Kumar Jain.
RBI Governors                 Terms
Raghuram Rajan (23rd) 4th Sep 2013 - 4th Sep 2016
Urjit Patel (24th) 4th Sep 2016 - 10th Dec 2018
Shaktikanta Das (25th) 11 December 2018 (incumbent)

Important Dates

2. 12th December: International Universal Health Coverage Day

  • The International Universal Health Coverage Day (UHC Day) is celebrated globally on 12th December.
  • The theme for the 2018 UHC Day is "Unite for Universal Health Coverage: Now is the Time for Collective Action".
  • The objective of the day to raise awareness of the need for strong and resilient health systems and universal health coverage with multi-stakeholder partners.
  • In 2017 the United Nations proclaimed 12 December as International Universal Health Coverage Day by resolution 72/138.

National Affairs

3. Prime Minister Narendra Modi inaugurates fourth partner’s forum in New Delhi

  • Prime Minister Narendra Modi has inaugurated the two-day fourth Partners’ Forum in New Delhi.
  • The objective of the conference is to improve knowledge and accountability to accelerate action on women's, children's and adolescent health.
  • The Partners’ Forum is a global health partnership (launched - Sep 2005) to accelerate efforts to reduce child and maternal mortality, improve adolescent, child, newborn and maternal health.
  • Ministry of health in association with the Partnership for Maternal, Newborn and Child health, PMNCH is hosting the international conference.
  • Around 1500 participants from 85 countries are participating in the conference to improve the health and well-being of women, children and adolescents.
  • This is the second time India is hosting the Partners’ Forum.

4. UP Govt. decides to establish an umbrella university to be named after late Atal Bihari Vajpayee

  • The Uttar Pradesh state cabinet headed by Chief Minister Yogi Adityanath has decided to establish an umbrella university to control all the medical & dental colleges and nursing institutions in the state.
  • The university will be named after former Prime minister ‘Late Atal Bihari Vajpayee’.
  • It will be quite helpful in controlling the quality of medical education by one syllabus and one education session.
  • It will also help in transparency in entrance and examination system.

5. Shi Yomi becomes the 23rd district of Arunachal Pradesh

  • Shi Yomi has become the 23rd district of Arunachal Pradesh.
  • It was inaugurated by Pema Khandu (Arunachal Pradesh Chief Minister) in presence of Union Minister of State for Home Kiren Rijiju.
  • Two more districts (Pakke-Kesang and Lepa Rada) will be formally inaugurated in the state within taking the total to 25.
  • In August 2018, Arunachal Pradesh Legislative assembly has passed Arunachal Pradesh Re-Organisation of Districts (Amendment) Bill, 2018 for the creation of three new districts.

6. Global Nutrition Report: 2018

  • As per WHO’s 2018 Global Nutrition Report, India has the highest number of ‘stunted’ children in the world.
  • Around third of all stunted children worldwide are to be found in India as per the recently released WHO’s Global Nutrition Report, 2018.
  • Stunting among children aged under five has fallen from 32.6% (in 2000) to 22.2% (in 2017).
  • The 2018 Global Nutrition Report shares insights into the current state of global nutrition, highlighting the unacceptably high burden of malnutrition in the world.
  • The report is delivered by an Independent Expert Group and guided at a strategic level by a Stakeholder Group, whose members also review the Report.

Banking & Finance

7. RBI Slaps Rs. 1 crore fine on Indian Bank for violating cybersecurity norms

  • The Reserve Bank of India (RBI) has imposed a fine of Rs 1 crore on Indian Bank for violating cybersecurity norms.
  • This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered by the bank with its customers.
  • This penalty has been imposed in the exercise of powers vested in RBI under the provisions of the Banking Regulation Act, 1949.

International Affairs

8. Israel becomes a permanent member of the financial action task force

  • Israel has become a full member (38th-member) of the Paris-based Financial Action Task Force (FATF).
  • FATF is an international body (established in 1989) to set up to combat money laundering, terrorist financing and other threats to the international financial system.
  • Now, Israel has taken its place alongside 37 other members including most of the G20.

9. 39th GCC summit and Riyadh declaration

  • At the end of the 39th session of the GCC summit (in Riyadh), the council issued the ‘Riyadh Declaration’, which included 72 items covering matters related to the Gulf countries.
  • The 40th session of the GCC summit will be held in the UAE.
  • The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) in the Arabian Peninsula
  • The GCC promotes economic, security, cultural and social cooperation between the six states and holds a summit every year to discuss cooperation and regional affairs.

Honours & Awards

10. Slain Journalist Khashoggi named Time Magazine’s ‘Person of the Year’

  • Saudi journalist Jamal Khashoggi has been named the Time magazine’s ‘Person of the Year’ alongside several other journalists.
  • Journalist Khashoggi was murdered in October 2018 at his country’s Istanbul consulate.
  • Times Person of the Year is an annual issue of the United States news magazine Time.
  • It features and profiles a person, a group, an idea, or an object that ‘for better or for worse’ has done the most to influence the events of the year".

11. Mary Kom honoured with Meethoileima title

  • Manipur Government honoured MC Mary Kom (AIBA World Women Boxing Gold medalist) with the title "Meethoileima" (Outstanding Queen) title at a function held at Khuman Lampak Sports Complex Imphal.
  • Manipur Chief Minister N. Biren Singh handed over a cheque of ten lakh rupees to her.
  • Mr. Singh also declared that the Imphal West DC Road towards Game Village will be named as MC Mary Kom Road.

11 December 2018 - Daily Current Affairs

11 December 2018 - Daily Current Affairs

1. Atul Sahai Appointed CMD Of New India Assurance

  • Atul Sahai has been appointed as the Chairman and Managing Director (CMD) of the New India Assurance for a period of five years.
  • The post had been lying vacant since July 2018.
  • Currently, Mr. Sahai is the General Manager at Oriental Insurance.
  • The New India Assurance Co. Ltd is a public sector general insurance company of India.
  • It is the largest general insurance company of India based on gross premium collection inclusive of foreign operations.

Important Dates

2. 11th December: International Mountain Day

  • The International Mountain Day is being observed every year on 11th December.
  • The theme for 2018 IMD is ‘Mountains Matter’.
  • International Mountain Day was established by the UN General Assembly in 2003 to encourage sustainable development in mountains.


3. Upendra Kushwaha resigns from Union Council of ministers

  • Rashtriya Lok Samta Party (RLSP) chief Upendra Kushwaha (Minister of State for HRD in Government of India) resigned from the Union council of ministers.
  • He has sent his resignation to Prime Minister Narendra Modi as he is quitting the BJP-led NDA alliance.
  • He is a Member of Parliament from Karakat Loksabha in Rohtas district, Bihar.

4. Myntra’s CEO Ananth Narayanan resigns

  • Myntra’s chief executive officer (CEO) Ananth Narayanan has resigned from his role with his position set to be abolished.
  • Myntra is the unit of Walmart Inc-owned Flipkart.
  • Flipkart’s executive Amar Nagaram has been given the responsibility to head Myntra.
  • Mithun Sundar (Myntra's chief revenue officer) and Manpreet Ratia (human resources head) have also resigned.
  • Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India.
  • The company was founded in 2007 to sell personalized gift items.

Science & Defence

5. India successfully test-fires Inter-Continental Ballistic Missile Agni-5

  • The indigenously built Inter-Continental Ballistic Missile Agni-5 has been test-fired successfully from Abdul Kalam island under Chandipur Interim Test Range.
  • Previously the test of Agni 4 was unsuccessful.
  • The length of Agni-5 is 17 meters length and 2 meters diameter, the missile can hit the target from of 5 thousand kilometres distance.
  • The first test was conducted in 2012 from ITR Chandipur in Balasore district.
  • Agni-V is an intercontinental ballistic missile developed by the Defence Research and Development Organisation of India(DRDO).

Banking & Finance

6. Direct Tax Gross collections for 2018-19 up to November are at Rs 6.75 lakh Cr

  • The provisional figures of Direct Tax collections for 2018-19 up to November 2018 show that Gross Collections are at 6.75 lakh crore rupees.
  • This is 15.7% higher than the Gross Collections for the corresponding period of last year.
  • The refunds amounting to 1.23 lakh crore rupees have been issued during April to November this year which is 20.8% higher than refunds issued during the same period in the preceding year.
  • The Net Collections after adjusting for refunds have increased by 14.7 per cent to 5.51 lakh crore rupees from April to November.
  • Net Direct Tax collections represent 48% of the total Budget Estimates of Direct Taxes for 2018-19.

7. Govt contribution to NPS raised to 14 per cent

  • According to Finance Minister Arun Jaitley, The Central Government contribution will be raised to 14 per cent in NPS (existing 10%).
  • The tax exemption limit for lump sum withdrawal on exit has been enhanced to 60%.
  • Now, the entire withdrawal will be exempted from income tax.
  • Freedom of choice will be provided for selection of Pension Funds and pattern of investment to central government employees.
  • Government employee contribution under Tier-II of NPS will be covered under Section 80 C for deduction up to 1.50 lakh rupees for the purpose of income tax.
  • National Pension System (NPS) is a voluntary defined contribution pension system in India.
  • NPS, like PPF and EPF is an EEE (Exempt-Exempt-Exempt) instrument in India where entire corpus escapes tax at maturity and entire pension withdrawal amount is tax-free.

National Affairs

8. International Conference on ‘Sustainable Water Management’ held in Mohali

  • The 1st International Conference on ‘Sustainable Water Management’ was held at Indian School of Business (ISB) in Mohali, Punjab.
  • The conference was organized by Bhakra Beas Management Board (BBMB) under the aegis of the National Hydrology Project of the Union Ministry of Water Resources, River Development and Ganga Rejuvenation.

9. The Union Govt. and the ADB sign loan agreement of 31 million dollars for Tamil Nadu

  • The Union Government and the Asian Development Bank has signed a loan agreement of 31 million dollars to develop Tourism in Tamil Nadu.
  • The Project will also help the State in preserving the natural and cultural heritage.
  • The activities under the project will also boost economic opportunities for the local people.
  • The Project will support the conservation and restoration of eight heritage monuments, one museum and three temples.

10. Celebrations of Vivah Panchami begins in Janakpur

  • The Celebrations of week-long  ‘Vivah Panchami’ begins in the historic Janakpur city, Nepal.
  • Yogi Adityanath (Chief Minister of Uttar Pradesh) will also grace the occasion.
  • Thousands of devotees from India and Nepal including hundreds of Sadhus attended the “Swayamvar”.
  • The festival is observed every year to mark the occasion.
  • Vivah Panchami also highlights age-old social and cultural bonding between India and Nepal that has been cherished for centuries.
  • According to Hindu mythology, Lord Rama married Goddess Sita (the daughter of King Janak of Janakpur) on Vivah Panchami.

Honours & Awards

11. India’s Prathamesh Maulingkar wins Mister Supranational 2018

  • Goa’s Prathamesh Maulingkar (27-years) has become the first Asian/Indian to win Mister Supranational title at Krynica-Zdroj, Poland.
  • He defeated 37 contestants from all over the world in the final round to win the coveted title.
  • Mister Supranational (Poland) was adjudged first runner-up, Mister Supranational (Brazil) was adjudged second runner-up.


12. Ranji Trophy: Ajay Rohera creates a world record for highest first-class debut score

  • Madhya Pradesh opener Ajay Rohera (21-year) etched his name in the record books by slamming the highest first-class score on debut. 
  • He remained unbeaten on 267 against Hyderabad in their Ranji Trophy Elite Group-B Cricket in Indore.
  • Earlier, the record was held by former Mumbai stalwart Amol Mazumdar, who had hit 260 versus Haryana at Faridabad in 1994. 

Static GK - State wise - Jammu and Kashmir

A state in northern India, often denoted by the acronym J&K. It is located mostly in the Himalayan Mountains, and shares borders with the states of Himachal Pradesh and Punjab to the south. Jammu and Kashmir has an international border with China in the north and east, and the Line of Control. The state has special autonomy under Article 370 of the Constitution of India.

The State of Jammu & Kashmir is situated in extreme north of India. It was founded on 26 October, 1947.

J&K touches International boundaries with:

  1. China in the north and east,
  2. Afghanistan in the north-west
  3. Pakistan in the west
Jammu & Kashmir consists of three region:-
  1. Summer Capital -> Srinagar
  2. Winter Capital -> Jammu
  3. CM -> Mehbooba Mufti
  • Area of Jammu & Kashmir: 222,236 km²
  • Founded: October 26, 1947
  • Population of Jammu & Kashmir: 12.55 million (2011)
  • Capitals of Jammu & Kashmir: Jammu (Winter), Srinagar (Summer)
  • Governor of Jammu & Kashmir -> Narinder Nath Vohra
  • High Court of Jammu & Kashmir-> Jammu and Kashmir High Court   [Srinagar (Summer) and Jammu &(Winter)]
  • Chief Justice of High Court of J&K-> Sh. Justice N. Paul Vasanthakumar
  • Administrative Language of Jammu & Kashmir -> Urdu
  • State dayof Jammu & Kashmir  -> Accession day (26th October)
  • Major Industries of Jammu & Kashmir -> Handicrafts & Handlooms

Nicknames / Special Titles of Cities of Jammu & Kashmir

Jammu & Kashmir - Heaven of India

Special Names
City of Rivers/lakes
Switzerland of India
Highest and coldest battlefield in the world
City of Temples

Folk Dance of Jammu & Kashmir:

S. No.
Bhand Panther
Bhand Jashan
Bacha Nagmaa

Speciality of of Jammu & Kashmir 

S. No.
Kashmiri Saffron
There are only two or three places in the whole world where saffron grows. Kashmir has the proud privilege of being one of these places.
Kashmiri Pashmina Shawls
Pashmina is known for its softness.
Kashmiri carpets
Kashmiri carpets are world famous for two things - firstly, they are handmade and secondly, they are always knotted, never tufted.
Silver Ware
one one of the ancient arts in Kashmir
The weaves popularly known as 'chinon' and 'crepe de chine'
Wood Work
Wood-carving is one of the most popular cottage industries of the Kashmir valley.

Important Festivals Of Jammu & Kashmir

S. No.

Important Rivers and Damsof Jammu & Kashmir 

Baglihar, Dulhasti , Salal
Nimoo Bazgo
Masurdar (tributary
of Chenab)

Important Lakes of Jammu & Kashmir 

S. No.
Located in/near
Dal Lake
“Jewel in the crown of Kashmir”
Gadsar Lake
“Lake of flowers”
Krishnasar Lake
Gangabal Lake
“Haramukh Ganga”
Nagin Lake
“Jewel In The Ring”
Wular Lake
“Largest fresh water lake in Asia”
Manasbal Lake
“Bird’s Paradise”
Pangong Lake
Share international boundary with China
Tso Kar Lake
“White or Salty lake”
Sheshnag Lake

Important National Parks, Bird and Wildlife Sanctuary of Jammu & Kashmir 

National Park
Famous species
Dachigam National Park
Hangul (Kashmiri Stag)
Salim Ali National Park
Kazinag National Park
Markhor (Capra falconeri)
Kishtwar High Altitude National Park
Himalayan Snow Cock and brown bear
City Forest National Park (CFO)
known as “Salim National Park”
Hemis National Park
it is believed to have the highest density of snow leopards of any protected area in the world
Glulmarg WLS
Musk Deer
Limber WLS
Nandini WLS

Important Mountains of Jammu & Kashmir 

Karakoram & Kyunlun ranges (k2)
8615 M
Second highest peak of the world.
these mountains lie to the north and north-east of the State
Nanga Parbat Range
8107 M
It is also known as “NAKED MOUNTAIN” or “DEO MIR” or “KILLER MOUNTAIN”
Soyamji (volcanic mountain)
North Machhipura (Handwara)
Pir Panjal Range (part of greater Himalyan)
J & K and Himachal Pradesh
Amarnath (part of Himalyan)
5372 M
It is Called SHESHANG as its peak resemble the heads of seven big snakes.
Gander district of Kashmir
Harmukh (part of Himalyan)
5142 M
It is the abode of LORD SHIVA.
Ganderbal District of Jammu and Kashmir
Shiwalik Range
1500 M
Shiwalik means “TREES OF SHIVA” and known as “MANAK PARBAT” in ancient time.
from the Indus and ends close to the Brahmaputra

Important Temples/Archaeological Monuments/Sites of Jammu & Kashmir 

S. No.
Temples/Archaeological Monuments/Sites
Amarnath Temple
Vaishno Devi Mandir
Reserve Bank of India (RBI) released coins with Maa Vaishno Devi’s image on the Head side of the coins.
Bahu Fort
Raghunath Temple
temple are covered with gold sheet on three sides while the interiors of the temple are plated with gold
Peer kho cave temple
it is widely believed that Ramayan character Jamvant (the bear God) meditated in this cave.
Panchbakhtar Temple
It is one of the oldest Shivalya in the city and the Lingam in this temple is self manifested (Aap Shambu).
Mahamaya Temple
Shankaracharya Temple
known as Takht-I-Sulaiman
Hari Parbat Fort & Temple of Sharika Devi
Kheer Bhawani
Jama Masjid
Originally built by Sultan Sikandar in 1400 AD
Hazratbal Mosque
only domed mosque in Srinagar
Khanqah of Shah Hamadan
first mosque ever built in 1395 Srinagar
Chhatti Padshahi Gurudwara
Shalimar Bagh
Mughal Garden
Chashme Shahi
one of the Mughal gardens built in 1632 ADNubra Valley, north east of Ladakh valley
Thikse Monastery
Leh in Ladakh
Shanti Stupa
Buddhist white-domed stupa on a hilltop in Chanspa, Leh district
Magnetic Hill
Leh Palace
built by King Sengge Namgyal in the 17th century
St. Joseph's Catholic Church
It was established in 1891, by Mill Hill Missionaries, making it the oldest Catholic church in Jammu and Kashmir
Martand Temple
dedicated to Lord Surya , the “Sun God”
Amar Mahal Palace
built in the nineteenth century for Raja Amar Singh, a Dogra king

Important Stadiums of Jammu & Kashmir

S. N.
Maulana Azad

Major Airports of Jammu & Kashmir

S. N.
Sheikh Ul Alam International airport (Srinagar airport)
Jammu airport
Leh Kushok Bakula Rimpochee Airport
Kargil airport
Poonch airport
Kushok Bakula Rimpochhe Airport

Constituency of Cabinet Minister of Jammu & Kashmir 

S. No.
Name of Minister
Ministry (MoS)
Dr. Jitendra Singh
Development of North Eastern Region (Independent Charge)
Personnel, Public Grievances & Pensions
Department of Atomic Energy
Department of Space

Hydro-Electric Power Stations of Jammu & Kashmir

1. Mohra Hydro-Electric Power Stations-

Srinagar, Sopore, Baramulla and Gulmarg towns are supplied electric power from this power station.

2. The Sind Valley Hydro-Electric Project-

This project established in 1955, is near Ganderbal on the bank of the Nullah Sind towards its east. The project is a multipurpose one. Its water is used for a variety of purposes, like irrigation, generation of electricity, flood control, navigation, fish culture and soil preservation.

3. The Pahalgam Hydro-Electric Project-

The river Liddar is an important tributary of the Jhelum. It has been harnessed for water power at Pahalgam and  helps in lighting tourists huts and running cottage industries.

4. Lower Jhelum Hydel Project (Sheri)-

 This project for generating electricity has only one stage which generates 105 megawatts of electric power.