11 December 2019 - Daily Current Affairs

11 December 2019 - Daily Current Affairs

11 December 2019 - Daily Current Affairs

1. PSLV-C48 successfully launches RISAT-2BRI, 9 foreign satellites

  • The Indian Space Research Organisation (ISRO) has launched its radar imaging earth observation satellite, RISAT-2BR1 and nine foreign satellites through Polar Satellite Launch Vehicle (PSLV-C48) from Satish Dhawan Space Centre at Sriharikota in Andhra Pradesh.
  • PSLV-C48 (50th mission of PSLV) carried nine customer satellites of Israel(1), Italy(1), Japan (1) and USA(6)as co-passengers.
  • RISAT-2BR1 is a radar imaging earth observation satellite weighing about 628 kg, mission life of 5 years
  • These international satellites launched under a commercial arrangement with New Space India Limited.
Source: AIR News
Important Days

2. 11th December: International Mountain Day

  • International Mountain Day is being observed every year on 11th December globally since 2003.
  • The theme for  IMD-2019 is “Mountains Matter for Youth”.
  • As per the United Nations, mountains are home to 15% of the world's population and a quarter of the world’s animals and plants.
  • This year, youth will take the lead and demand that mountains and mountain peoples become central in the national and international development agendas; receive more attention, investments and tailored research.
Source: UN. Org
Honour & Awards

3. Gulu Mirchandani bags CEAMA Lifetime Achievement Award

  • Gulu Mirchandani (Founder chairman of Mirc Electronics Ltd. (Onida) has been conferred with “Lifetime Achievement Award” by the Consumer Electronics and Appliances Manufacturers Association.
  • He has been awarded for his extensive contribution to the consumer electronics industry.
  • Consumer Electronics and Appliances Manufacturers Association (CEAMA) is an all-India organisation in the consumer electronics and durables sector.
  • It has been in existence for over three decades.
Source: The Hindu

4. Ethiopia's PM receives Nobel Peace Prize 2019

  • Ethiopia's Prime Minister Abiy Ahmed has received the 2019 Nobel Peace Prize (100th)for his efforts to achieve international peace and co-operation.
  • On July 9, 2018, following a historic meeting in Eritrea's capital Asmara, Abiy Ahmed and Eritrean President Isaias Afwerki formally ended a 20-year-old stalemate between their countries in the wake of the 1998-2000 border conflict.
  • The Nobel Committee announced in October it was honouring Abiy Ahmed for his efforts to resolve the long-running conflict with neighbouring foe Eritrea.
Note:
  • The Nobel Peace Prize consists of a diploma, a gold medal and a cheque for nine million Swedish kronor (850,000 euros).
  • The Chairman of the Norwegian Nobel Committee presents the Nobel Peace Prize in the presence of the King of Norway on 10 December each year (the anniversary of Nobel's death).
Source: Economics Times
Obituaries

5. ICSSR Chairman Braj Bihari Kumar passes away

  • The Chairman of Indian Council of Social Science Research (ICSSR) Braj Bihari Kumar passed away.
  • Mr’ Kumar was appointed as the chairman of the ICSSR in May 2017.
  • Indian Council of Social Science Research (ICSSR) was established in the year 1969 by the Government of India to promote research in social sciences in the country.
  • provide grants for projects, fellowships, international collaboration, capacity building, survey, publications etc. to promote research in social sciences in India.
National Affairs

6. Govt to allow girls’ education in all Sainik School

  • According to Minister of State for Defence Shripad Naik, Union Government has allowed girls’ education in all Sainik School in a phased manner.
  • Presently entry of girls in five Sainik Schools has been allowed.
  • These 5 schools are Kalikiri (Andhra Pradesh), Kodagu (Karnataka), Ghorakhal (Uttarakhand), Chandrapur (Maharashtra) and Bijapur (Karnataka).
  • The co-educational policy adopted on a pilot-basis at Sainik School in Mizoram and now is being implemented across the country.
Note:
  • The concept of the Sainik School originated in the visionary mind of late V K Krishna Menon, who was our Defence Minister in the early sixties.
  • The Chief Executive Body of the Sainik Schools Society is a Board of Governors functioning under the Chairmanship of the Defence Minister.
Source The Times of India

7. West Bengal govt organizing two-day Business Conclave

  • West Bengal Chief Minister Mamata Banerjee has inaugurated the two-day Business Conclave at Digha in East Midnapore District to attract more industrial investments in the State.
  • Leading industrialists from the country and 35 foreign nations are likely to be present at the meet.
  • This time conclave is being organized at Sea Town Digha to facilitate investment in Tourism besides promoting the industry in the region.
  • Number of MoUs are likely to be signed between the West Bengal Industrial Development Corporation and Multinational companies for spreading industrial growth in the State.
Source: AIR News

8. India among top 10 in 2019 Climate Change Performance Index (CCPI)

  • The 2019 Climate Change Performance Index (CCPI) has been presented at the ongoing COP25 climate summit in Madrid, Spain.
  • For the first time, India has emerged among the top 10 countries with higher climate performance.
  • India has been ranked at 9th spot in the index for its Climate Policy performance among 57 countries and the European Union.
  • However, the first three places of the ranking remain unoccupied, Sweden (4th) and Denmark (5th).
Note:
  • None of the countries is on a path compatible with the Paris climate targets, to implement strategies to limit global warming below 2 or even 1.5°C.
Source: Times of India
Banking & Finance

9. NSE launches interest rate options on 10-yr govt bonds

  • National Stock Exchange (NSE) has launched interest rate options on ten-year Government bonds.
  • The exchange recorded a turnover of 5,926 contracts on the first day of its launch.
  • Interest rate options will provide institutional investors with the ability to manage risk through a non-linear product.
  • Interest rate options are based on the underlying ten-year government bonds, which are 7.26% 2029 bond and 6.45% 2029 bond.
Source: AIR News

10. Exim Bank provides USD 500 mn credit to Bangladesh for defence procurement

  • India is providing USD 500 million (Rs 3,561 crore) line of credit (LoC) to Bangladesh for the purpose of financing defence-related procurement in Bangladesh.
  • Export-Import Bank of India (Exim Bank) entered into an agreement with Bangladesh’s Armed Forces Division for Government of India-supported line of credit (LoC).
  • The agreement under the LoC is effective for a period of 10 years from the date of signing of the agreement.
Source: Economics Times
International Affairs

11. Nilgiri Mountain Railway conducts special service for foreign tourists

  • The UNESCO-recognized Nilgiri Mountain Railway (NMR) conducted a special service for foreign tourists.
  • 71 tourists from several countries, including the USA, the UK and France travelled by a special steam engine service from Coonoor to Ooty.
  • They were presented with special mementoes and gift hampers as well as served with the replica of the original Edmonton type cardboard ticket.
  • The NMR is one of the few railways in the world that uses the unique rack and pinion system.
  • In July 2005, UNESCO added the Nilgiri Mountain Railway as an extension to the World Heritage Site of Darjeeling Himalayan Railway.
Sports

12. Wasim Jaffer becomes first Indian to play 150 Ranji matches

  • Veteran opener Wasim Jaffer (41 years) has become the first player in Indian cricket to feature in 150 Ranji matches.
  • Overall, Jaffer has played 253 first-class games, scoring 19,147 runs at an average of 51.19.
  • He has scored 57 hundred and 88 fifties with 314 being his highest score.
  • Jaffer is followed by batsman Devendra Bundela (145 matches) and Amol Muzumdar (136 matches).
  • Now, Wasim Jaffar is just 853 runs away from completing 20,000 runs in first-class cricket.
Source: The Hindu

13. India finishes top with 312 Medals at 2019 South Asian games in Nepal

  • The 2019 South Asian Games, (officially, XIII South Asian Games) was held in Nepal (Kathmandu, Pokhara and Janakpur).
  • Thousands of sports lovers witnessed gala closing ceremony held at historic Dasaratha Rangshala in Kathmandu.
  • India finished the 13th edition of the tournament way ahead of other teams in the tally with 312 medals (174 Gold, 93 Silver, 45 Bronze).
  • Seven countries (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka) competed in the competition having 27 games.

14. India’s R. Praggnanandhaa wins London Chess Classic

  • India’s R. Praggnanandhaa (14-year) has won the FIDE Open category of the London Chess Classic held in London.
  • He won the tournament with a tally of 7.5 points out of nine rounds.
  • R. Praggnanandhaa finished joint first with Anton Smirnov of Australia both scoring 7.5 points.
Note:
  • The London Chess Classic is a chess festival held at the Olympia Conference Centre, West Kensington, London.
Source: The Hindu

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