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The initiative by Govt of India which has been recognised Namami Gange
by the United Nations (UN) as one of the Top 10 World
Restoration Flagships programmes aimed at reviving the
natural world, at the 15th Conference of Parties (COP15)
to the Convention on Biodiversity (CBD) in Montreal,
Canada
The team India defeated to win the T20 World Cup for the Bangladesh
Blind for the 3rd consecutive time at Chinnaswamy
Stadium in Bengaluru
The Indian contestant who was crowned Mrs. World at a Mrs. Sargam Kaushal
beauty pageant in Las Vegas, USA
The Hindi film actress who has been named the PETA Sonakshi Sinha
Person of the Year 2022
The tennis stars who have been named the ITF World Rafael Nadal and Iga
Champions of 2022 by ITF Swiatek
The team which has won the 2022 Pro Kabaddi League Jaipur Pink Panthers
defeating Puneri Paltan in the finals
The place in Madhya Pradesh where India's first Infantry Mhow, Indore
Museum was opened to the public
The team which has ranked at No. 1 position in the 2022 Brazil
FIFA Men's World Ranking
The state in which the 23rd edition of Hornbill Festival Nagaland
was inaugurated by the Vice-President Shri Jagdeep
Dhankar
The 12th edition of bilateral exercise between the Ex Agni Warrior
Singapore & Indian Army, held from 13 November 2022
to 30 November 2022 at Field Firing Ranges, Devlali
(Maharashtra) was named
priority
The scheme will cater to the upgradation and replacement of existing amenities as
well as the introduction of new amenities
It will cover stations that have undergone detailed techno-economic feasibility
studies. However, the roof plazas in these stations will not be constructed in the
near term as reallocation of structures and utilities is given higher priority.
The scheme will be implemented based on the needs and patronage of the railway
stations. Infrastructural development will be ensured for more than 1,000 stations
under this scheme.
The 720 Megawatts Mangdechhu Hydroelectric Power Project, which was
implemented with the assistance from India, was recently handed over to the
Druk Green Power Corporation (DGPC) in Bhutan. The 720 MW project
Mangdechhu Hydroelectric Power Project was jointly inaugurated by Indian
Prime Minister Narendra Modi and his Bhutanese counterpart Lotay
Tshering in 2019. The Indian Government provided the financial and technical
assistance for the construction of this hydroelectric project.
An unprecedented bomb cyclone has hit the US and Canada, affecting over
millions of people in the region. Bomb cyclone is an extra-tropical weather
phenomenon that develops by a process called bombogenesis. It is a pressure
system that develops upon contact between a warm air mass or a low pressure
air mass and a cold air mass or a high pressure air mass. A low pressure
system is said to be a bomb cyclone if its pressure drops by 24 millibars within 24
hours. The pressure gradient between the two air masses causes the winds to
intensify. The Earth’s rotation causes the winds to blow in a cyclonic manner.
For instance, in the Northern Hemisphere, the winds blow in a counter-
clockwise direction due to the Coriolis effect i.e. deflection caused by the
planet’s rotation. The recent Storm Elliott is an example of bomb cyclone.
Elliott developed as a low pressure system near North America’s Rocky
Mountains on 21st December this year.
The Reserve Bank of India’s revised bank locker rules will come to effect
from January 1, 2023.
What are the revised bank locker rules?
The revised bank locker rules were released by the RBI on August 2021. All the
existing locker depositors are required to provide proof of eligibility to access
renewed locker arrangements.
Some of the key features of the new rules are:
Model Locker Agreement:- Lenders are directed to use the Indian Banks’
Association (IBA)-drafted model locker agreement, which was created as per the
Supreme Court orders and guidelines. The banks are required to ensure that there
is no “unfair terms and conditions” in their locker agreements. The terms of the
agreement must not be more “onerous than required in ordinary course of
business” to safeguard the bank’s interests.
CCTV Cameras in Safe Deposit Areas:- The banks are required to install CCTV
camera at entry and exit points of the strong room and the common areas of
operation. The guidelines mandates preserving CCTV camera recording for a
minimum of 180 days. If any customer has complained to the bank about theft or
security breach of his or her locker, the bank must preserve the CCTV recordings
until the police investigation is completed and the dispute is settled. Depositors
can get up to 100 times the bank charges if the valuables stored in the vaults are
ransacked or lost due to fire or building collapse. However, banks are not liable for
damages or loss caused by natural calamities or “Acts of Gods”.
Government Raids:- The banks are required to give prior information to the
customer via letter and email/SMS about the government raids of the locker or
articles deposited for safe custody.
Term Deposits as Rent :- The new guidelines allow banks to demand term
deposits during the allocation of a locker that can be collected as a rent for 3 years.
This rule is not applicable for existing locker holders and those with satisfactory
operative accounts.
without access to electricity. This figure is 10 million higher than the 660 million
predicted by the World Bank in 2021.
Learning Poverty: The progress made in learning poverty since the year 2000
have been reversed, especially in low and middle-income countries. According to
the World Bank’s report, of every 100 children in low and middle-income
countries, 60 are “learning deprived” and 10 are deprived of schools. This is
expected to severely affect the productivity and lifetime incomes of children and
youth. This will not only adversely affect the economic prospects of the low and
middle income countries, but also increase inequality and risk social unrest. To
address this, the report recommended keeping schools open, increasing
instructional time, equipping teachers to match the learning requirements of the
students, streamlining the curriculum and focusing on the foundational education.
The Indian Navy launched the indigenously-built ship INS Arnala at the
shipbuilding facility of Larsen & Toubro (L&T) in Chennai’s Kattupalli.
Arnala is the first of the 8 anti-submarine warfare shallow water craft (ASW-
SWC) that are currently being built by the Garden Reach Shipbuilders and
Engineers Ltd (GRSE).
The Ministry of Housing and Urban Affairs is organizing the Urban 20 (U20)
event during India’s G20 presidency from December 01, 2022 to November 30,
2023. It will be hosted by Ahmedabad. The U20 provides a platform for cities
from G20 countries to discuss important issues of urban development, including
climate change, social inclusion, sustainable mobility, affordable housing, and
financing of urban infrastructure, and propose collective solutions.
Social Progress Index 2022 was released recently.The Social Progress Index
(SPI) for States and Districts, released recently by the Institute for
Competitiveness and Social Progress Imperative, ranks states and districts based
on the SPI scores under 6 tiers of social progress. The six tiers of social progress
are Tier 1: Very High Social Progress; Tier 2: High Social Progress; Tier 3:
Upper Middle Social Progress; Tier 4: Lower Middle Social Progress; Tier 5:
Low Social Progress and Tier 6: Very Low Social Progress.
Tier 1: Puducherry (65.99) scored the highest because of its performance in
components like personal freedom and choice, shelter, and water and sanitation.
Lakshadweep and Goa recorded the second and third-highest scores of 65.89
and 65.53, respectively. These states and union territories were categorized
under Tier 1.
Tier 6: Assam, Jharkhand and Bihar scored the lowest in India. They were
categorized in Tier 6.
India-based Kalyani Group has launched India’s first “green” steel brand
called Kalyani Ferresta. When steel is manufactured without using fossil
fuels, it is known as green steel. It is manufactured using low-carbon energy
sources like hydrogen, electricity, or coal gasification instead of the traditional
carbon-intensive manufacturing route. Sweden was the first country to
manufacture green steel. It was developed by HYBRIT Technology.
The central government has unveiled a plan for the conservation of Asiatic lions in
Gir, a region in Gujarat. Titled “Lion@47: Vision for Amrutkal,” the plan is
part of Project Lion and aims to secure and restore habitats to manage the growing
lion population. It also aims to generate livelihoods for local communities,
establish a global hub of knowledge on big cat disease diagnostics and
treatment, and promote inclusive biodiversity conservation.
The Central Government has set up a panel to recommend structural and other
reforms required for the effective implementation of the Mahatma Gandhi
National Rural Employment Guarantee Act (MGNREGA). The panel will be
headed by Amarjeet Sinha – the former Rural Development Secretary and
advisor in the PMO. Chief Economic Advisor Anantha Nageswaran is one of the
members of this panel. The panel met for the first time in November 21 this year.
It is expected to submit its report by February 2023.
Stéphanie Frappart of France becomes first female referee in FIFA Men’s
World Cup, in Costa Rica v/s Germany match on Dec 1
In its recent amendment, the Central Government listed 15 government bodies
that are required to share information with the Enforcement Directorate
under the Prevention of Money Laundering Act (PMLA). The list was
amended in accordance with Section 66 of the PMLA. The government entities
that were recently included to share information with the Enforcement Directorate
are:
National Investigating Agency (NIA)
Serious Fraud Investigation Office (SFIO)
State Police
Director General of Foreign Trade (DGFT)
Ministry of External Affairs (MEA)
National Intelligence Grid
Central Vigilance Commission (CVC)
Defence Intelligence Agency
National Technical Research Organisation (NTRO)
Military Intelligence
Wildlife Crime Control Bureau
Competition Commission of India (CCI)
The Kirit Parikh panel recently submitted a report on gas pricing,
recommending complete pricing freedom from January 1, 2026. The
committee recommended that India should have completely free and market-
determined pricing of natural gas extracted from legacy fields, which account for
over 70 per cent of the total natural gas produced in India. The panel
recommended linking the price of gas produced from legacy fields to imported
crude oil prices rather than benchmarking them to gas rates in global markets. The
arrived rates will be subject to a floor and ceiling. The panel recommended price
band of 4 to 6.50 USD per unit for gas from old legacy field. This means that the
state producers ONGC and Oil India Limited will be paid a price linked to
imported oil but will have a minimum or floor price of 4 USD per million British
thermal unit (mmBtu) and a ceiling price of 6.5 USD per mmBtu. A fixed band of
pricing will create predictable pricing for producers and moderate pricing of CNG
and piped cooking gas. The panel also recommended increasing the ceiling rate for
the gas from legacy fields by 0.5 per mmBTU.
India (SEBI) Chairperson Madhabi Puri Buch and Steel Authority Of India
Chairperson Soma Mondal.
The Aam Aadmi Party (AAP) has scored enough votes in Gujarat in the recent
elections to get the “national party” status.
What is a national party?
A national party is a political party having national presence, as opposed to
regional party, whose presence is restricted to a specific region or a state.
National parties include those that are the biggest in India (BJP and Congress) as
well as smaller parties that do not necessarily have a lot of national political
influence (communist parties).
The ECI has provided technical criteria for a party to be recognized as a national
party. A political party may lose or gain the status based on its fulfilment of the
following criteria:
The party is “recognized” in at least four states; or
Its candidates polled at least 6 per cent of total valid votes in any of the four or
more states in the last Lok Sabha or State Assembly elections and has at least 4
MPs in the last Lok Sabha polls; or
If the party has won at least 2 per cent of the total seats in the Lok Sabha from at
least 3 states.
Acharya Jagadish Chandra Bose Indian Botanic Garden – India’s largest
botanical garden – is currently under threat because of severe land erosion by
River Ganga.The Acharya Jagadish Chandra Bose Indian Botanic Garden was
previously known as the Indian Botanic Garden and the Calcutta Botanic
Garden. It is situated in West Bengal’s Howrah, near Kolkata.
The Indian Space Research Organization (ISRO), along with the
Headquarters of the Integrated Defense Staff (HQ IDS), conducted the joint
test run of hypersonic vehicle. The recently held joint trial run fulfilled the
predetermined targets successfully. This hypersonic vehicle is set to become
operational in three to four years. A hypersonic vehicle is a vehicle capable of
travelling at a speed higher than Mach 5 (five times faster than the speed of
COPYRIGHT:- © 2020 GOVT EXAMS FUNDA, INDIA. ALL RIGHTS
RESERVED
COPYRIGHT:- © 2020 GOVT EXAMS FUNDA, INDIA. ALL RIGHTS
RESERVED
The country which has reported death of 18 children after consuming cough syrup
made by Indian company Marion Biotech :- Uzbekistan
The place at which Indian Army has inaugurated the first ever 3-D Printed House
Dwelling Unit (with Ground plus One configuration) for soldiers :- Ahmedabad
The intranasal vaccine for COVID-19 developed by Bharat Biotech, American
company Precision Virologics and the Washington University School of Medicine
is named :- iNCOVACC