Current Affairs

     

Current Affairs

DECEMBER -19

• Mega leather park to come up in Ramaipur village of Kanpur with an investment of Rs 5,850 crores.  The park, part of the mega leather cluster project will create 50,000 direct jobs & indirect employment for 1.5 lakh people.

• Goa Liberation Day is observed on 19 December every year in India and it marks the day Indian armed forces freed Goa in 1961 following 450 years of Portuguese rule.

• The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 50.00 lakh on The Urban Co-operative Bank Ltd in Kerala.

• This fine is imposed for non-compliance with directions issued on Income Recognition and Asset Classification (IRAC) norms and on Management of Advances-UCBs.

• The Government of India and the Asian Development Bank (ADB) have signed a US $4.21 million project readiness financing (PRF) facility for the preparation of infrastructure development projects to improve urban amenities and develop tourism infrastructure in Tripura.

• Digital financial services platform Paytm has launched a 24×7 RTGS facility to support the companies that make high-value transactions.

• The Asian Development Bank (ADB) has signed $300 million loan agreement with the Government of India to upgrade rural power distribution networks in Uttar Pradesh.

• A worldwide ranking of civil, economic and personal freedom, the Human Freedom Index 2020 was released. India was placed at the 111th spot out of 162 countries. In 2019, India ranked 94 on the index.

• Vidyut Mohan was one of the “Young Champions of the Earth” winners by United Nations Environment Programme.

• Pakistan’s star pacer, Mohammad Amir has announced his retirement from international cricket citing ‘mental torture’ by the management as the reason behind his decision.

• The Court of Arbitration for Sport (CAS) has banned Mauritian badminton player Kate Jessica Foo Kune for two years for an anti-doping violation.