December
December
15th edition of Kathakar was held in New Delhi to showcase amazing stories and music by Indian and International
     storytellers, in their pristine physical form, from six countries along with India.
              The six countries are the United Kingdom, Australia, Mongolia, Israel, Sierra Leonne and South Korea.
1.   Dhabari Quruvi has become the first Indian feature film in the history of Indian cinema to have a star
     cast comprising only indigenous tribal people.
     This film has starred more than 60 people, belonging to Irula, Muduka, Kurumba and Vaduka tribal communities of
     Attappadi, a scheduled tribe hamlet in the state of Kerala.It also holds the distinction of having been shot completely
     in the tribal language of Irula.Its world premiere was held in the Indian Panorama section at the 53rd International
     Film Festival of India in Goa.
2.   Space tech startup Agnikul has inaugurated India’s first-ever launchpad designed and operated by a private
     player, situated at Satish Dhawan Space Centre (SDSC) SHAR, in Sriharikota, Andhra Pradesh.
                       The facility, designed by Agnikul and executed with the support of ISRO and IN-SPACe, has two
                       sections – the Agnikul launchpad (ALP) and the Agnikul mission control center (AMCC).
3.   India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej
     terminal in Gujarat.
4.   Researchers from IISER-Thiruvananthapuram and IIT-Indore have developed a new artificial light-harvesting
     system that can efficiently capture light for power conversion by mimicking photosynthesis, the process by which
     plants absorb sunlight and produce sugars.
              The research has been published in the prestigious ‘Royal Chemical Society – Chemical Science’ journal.
              IISER – Indian Institute of Science Education and Research
              India aims to achieve net zero carbon emissions by 2070 and to meet 50% of its electricity needs from
              renewable sources such as solar power by 2030.
5.   NITI Aayog has released the “Carbon Capture, Utilisation, and Storage Policy Framework and its Deployment
     Mechanism in India”
•    It explores the importance of Carbon Capture, Utilisation, and Storage (CCUS) in promoting the sustainable
     development of India.
         Knowledge Nuggets -
         • Carbon Capture Utilisation and Storage (CCUS) - It is the technology for decarbonising
         carbon dioxide (CO2) from high polluting sectors such as steel, cement, oil, gas,
         petrochemicals, chemicals and fertilisers.
         • CCUS involves the capture of CO2 from large point sources, such as power generation or
         industrial facilities that use either fossil fuels or biomass as fuel. The CO2 can also be
         captured directly from the atmosphere.
1. Nirogi Haryana scheme has been launched to provide comprehensive free health check-ups and required medical
   treatment to beneficiary families.
   Agriculture and Rural DevelopmentDefence News
1. The Annual Joint HADR (Human Assistance and Disaster Resilience) Exercise ‘Samanvay 2022’ was conducted by the
   Indian Air Force at the Air Force Station, Agra.
   Memorandum of Understanding
1. Indian Council of Historical Research (ICHR) and Indian Space Research Organisation (ISRO) signed an MOU to work
   together “to trace India’s legacy in the field of science and technology” and find out if India was a ‘Vishwa Guru’.
• ICHR Chairman – Raghuvendra Tanwar
   Banking and Economy
1. Britain’s Rolls-Royce has successfully run an aircraft engine on It is the first aircraft engine that was operated on
   hydrogen.
2. YES Bank has signed a share purchase agreement (SPA) with US-based JC Flowers Asset Reconstruction
   Company (ARC) for purchasing a 9.9% stake in the ARC.
3. Life Insurance Corporation of India has reduced its holding in Bharat Bijlee from 6.695% to 4.54%.
• Bharat Bijlee is a public-listed electrical engineering company headquartered in It was established in 1946.
4. Adani Enterprise’s wholly owned subsidiary Vishvapradhan Commercial Private Limited (VCPL) has increased its
   shareholding in news broadcaster New Delhi Television Ltd (NDTV) to over 29.18% stake.
• The stake has been bought from the RRPR Holding (promoter of NDTV).
5. Kotak Mahindra Bank has partnered with ai to provide finance to dealers onboarded on actyv.ai, an AI-powered
   enterprise SaaS (software as a service) platform.
• KMBL will provide short-term loan under the ‘Buy Now, Pay Later’ category to businesses so that they can buy
   technological solutions from actyv.ai.
6. State Bank of India (SBI) has approved raising ₹10,000 crore through infrastructure bonds during the FY2023.
• The issue will also include a green shoe option of Rs 5,000 crores.
Knowledge Nuggets -
       • BSE, the first-ever stock exchange in Asia established in 1875 and was the first in the
       country to be granted permanent recognition under the Securities Contract Regulation Act
       1956.
       • BSE has launched India INX, India's 1st international exchange, located at GIFT CITY IFSC in
       Ahmedabad.
       • Indian Clearing Corporation Limited, a wholly-owned subsidiary of BSE, acts as the central
       counterparty to all trades executed on the BSE trading platform and provides full novation,
       guaranteeing the settlement of all bonafide trades executed.
       • BSE has also launched BSE Sammaan, the CSR exchange, is a 1st of its kind initiative which
       aims to connect corporate with verified NGOs.
2. Former Health Secretary Preeti Sudan has been appointed as a member of Union Public Service
   Commission (UPSC).
Knowledge Nuggets -
•    The Dead Sea, also known by other names, is a saltwater lake bordered by Jordan to the east and Israel and the West
     Bank to the west. It is the deepest hypersaline lake in the world.
•    Dead Sea is the lowest waterbody on Earth, with the lowest elevation on land. The Dead Sea’s water is about 10
     times saltier than normal ocean water.
•    The water of the Dead Sea is full of salt, which makes it much denser and heavier than freshwater. If you swim in it,
     you float very easily.
3.   November 29 – International Jaguar Day (by National Zoological Park)
     Awards
1.   Sangeet Natak Akademi has announced one-time Sangeet Natak Akademi Amrit Award under Azadi Ka Amrit
     Mahotsav (AKAM) commemorating 75 years of India’s independence for 86 artists.
•    These include artists who are above the age of 75 years and haven’t been accorded any national honour in their
     career so far, from the field of the Performing Arts of India.
•    The artists are given Rs 1 lakh as prize money, along with Tamrapatra and Angavastram.
2.   Forbes has launched its annual list of India’s 100 richest billionaires and according to the list,
•    According to the list, the combined wealth of India’s 100 richest grew by $25 billion to touch $800 billion.
•    Rank 1 – Gautam Adani ($150 billion net worth)
•    Rank 2 – Mukesh Ambani ($88 billion net worth)
•    Rank 3 – Radhakrishna Damani ($27.6 billion net worth)
     Miscellaneous
1.   Merriam-Webster, America’s oldest dictionary publisher, has just chosen “gaslighting” as its word of the year for
     2022.
•    Gaslighting means manipulating (someone) by psychological means into doubting their own sanity.
2.   Mauna Loa, the world’s largest active volcano located in Hawaii island of the US, has erupted for the first time in 38
     years.
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   National News
1. ‘Vayu-The Vital Life Force’ Conference was held in Bhubaneswar, Odisha to celebrate the spirit of Azadi Ka Amrit
   Mahotsav in the 75th year of Independence and channel dialogue on the need for clean air in the country
•   Objective: To build upon the multidimensional efforts taken by Governments to achieve air quality targets as set in
    National Clean Air Program by uniting all the important stakeholders.
•   Organising Ministry: Ministry of Environment, Forests and Climate Change.
•   It focused on varied air quality issues ranging from scientific discussions on climate change and pollution control, to
    enriching understanding on air quality from ancient scriptures/texts.
        Knowledge Nuggets -
        • National Clean Air Program (NCAP) was launched in 2019 for implementation till 2024 by
        the Ministry of Environment, Forests and Climate Change.
        • Objective - To improve air quality by reducing Particulate Matter (PM2.5 and PM10)
        concentrations by 20-30%
        • Target Year - 2024 (with 2017 as the base year for comparison)
        • Criteria - It is implemented in Non-Attainment Cities (NACs) wherein the National Ambient
        Air Quality Standard (NAAQS) is exceeded for 5 consecutive years.
        • Coverage - It covers 132 cities o It includes 124 cities identified as NACs and 8 other
        million-plus cities of 15th Finance Commission- Million Plus Cities Challenge Fund.
        • It is envisaged as a long-term, time-bound, national-level strategy to deal with the air
        pollution problem across the country in a comprehensive manner.
        • Under it, city-specific action plans are prepared that include measures for strengthening
        air quality monitoring networks, reducing vehicular and industrial emissions, increasing
        public awareness, etc.
        • PRANA portal (Portal for Regulation of Air Pollution in Non-attainment Cities): It aids in
        reporting and monitoring of physical and financial progress of these action plans.
2. India has provided financial assistance of $100 million to the Maldives in the form of budgetary support to tide over
   the difficult economic situation.
        Knowledge Nuggets -
Knowledge Nuggets -
        • ISRO was established previously as the Indian National Committee for Space Research
        (INCOSPAR), up by the Government of India in 1962, as envisioned by Dr Vikram Sarabhai.
        • ISRO was formed on 15 August 1969 and superseded INCOSPAR with an expanded role to
        harness space technology.
        • Department of Space was set up and ISRO was brought under DOS in 1972. Department of
        Space is headed by the Prime Minister of India. At present, the Minister of State of the
        Department of Space is Jitendra Singh.
        • Current Chairman of ISRO – S Somnath
4. Registrar General of India has released the Special Bulletin in Maternal Mortality in India 2018-20.
•    The Maternal Mortality Ratio (MMR) of India has declined from 130 per lakh live births in 2014-16 to 97 per lakh
     live births in 2018-20.
•    India has witnessed a progressive reduction in MMR from 130 in 2014-2016, 122 in 2015-17, 113 in 2016-18, 103 in
     2017-19 and to 97 in 2018-20.
•    With this, it has accomplished National Health Policy, 2017 target for MMR of less than 100/lakh live births.
•    It is on the right track to achieve Sustainable Development Goal (SDG) – Target 3.1 of MMR less than 70/ lakh live
     births by 2030.
•    8 States have achieved SDG Target 3.1 of MMR: Kerala (19), Maharashtra (33), Telangana (43), Andhra Pradesh (45),
     Tamil Nadu (54), Jharkhand (56), Gujarat (57) and Karnataka (69).
5.   United Nations Development Programme (UNDP) is helping the people working in the waste segregation
     industry in India to move into formal economy, by helping them access government welfare programmes.
•    As part of the initiative, the United Nations Under-Secretary-General Usha Rao-Monari would distribute the ‘Jan
     Dhan’ account kits to waste segregation workers during her first visit to the country, on December 1.
•    The programme also ensures the well-being and financial inclusion of the `Safai Sathis’ or waste-pickers, by linking
     them to the social protection schemes.
6.   Ministry of Finance has amended the Prevention of Money Laundering Act, 2002.
•    The list has been amended in exercise of its powers under Section 66 of the PMLA, in the public interest.
•    The ministry has also added 15 bodies that are bound to share information with Enforcement Directorate under
     PMLA.
•    The agencies added to the list are the 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, and Wildlife Crime Control Bureau.
•    Products/services with export potential have been identified in 733 Districts across the country (Including
     Agricultural & Toy clusters and GI products in these Districts). INSTITUTIONAL MECHANISM IN DISTRICTS
7.   The Kirit Parikh committee has submitted its report on gas pricing.
•    As per the report, India should have completely free and market-determined pricing of natural gas extracted from
     legacy fields, which is over 70% of the total natural gas produced in India.
•    The panel also recommended to link 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.
     State News
1.   Meghalaya Mental Health & Social Care Policy has been launched for addressing the issues of mental
     health and social care through collaborative engagement with communities.
•    Meghalaya is the third state in the country to have a comprehensive policy on mental health and social care, paying
     attention to these issues, especially among children, adolescents and youth.
•    Kerala and Karnataka are the other two states in the country to have such policies.
•    In 2014, the Centre launched the first-ever National Mental Health Policy in an attempt to provide universal
     psychiatry care.
2.   Assam government will soon introduce a scheme under which all female students pursuing post-graduate
     courses in the state will be provided a yearly stipend of Rs 10,000 each.
     Memorandum of Understanding
1.   Bureau of Indian Standards (BIS) signed an MOU with top six engineering institutes of India for establishment
     of ‘BIS Standardization Chair Professor’ at these institutes.
•    Purpose – to introduce Indian standards as an integral part of the curriculum
•    The MoU was signed with IIT-Indore, IIT- Patna, IIT- Madras, IIT- BHU, Malaviya National Institute of Technology
     Jaipur, and National Institute of Technology Trichy.
     International News
1.   Japan Aerospace Exploration Agency’s (JAXA) water-powered CubeSat spacecraft, EQUilibriUm Lunar-Earth point
     6U (EQUULEUS), was launched on its way by NASA’s Orion spacecraft.
•    This is the world’s first successful orbit control beyond low-Earth orbit using a water propellant propulsion system.
•    The EQUULEUS mission’s primary goal is to demonstrate low-energy trajectory control technologies for reaching
     deep space locations such as EML2 using less fuel.
2. A UNESCO’s taskforce has recommended that Australia’s Great Barrier Reef should be added to a list of “in danger”
   World Heritage sites.
• Baguette — the staple French bread — was included in the UNESCO’s list of intangible cultural heritage (ICH).
• The baguette is a long and thin loaf made of flour, water, salt and yeast, and is consumed as a staple in France. It is
   believed to be invented by August Zang, a baker and an entrepreneur from Vienna in 1839.
   Reports and Indices
1. United Nations Conference on Trade and Development (UNCTAD) has released the “Review of Maritime Transport
   2022” report.
• For 2022, UNCTAD projects maritime trade growth to slow down to 1.4%, and for the period 2023–2027 to expand at
   an annual average of 2.1%, a slower rate than the previous three-decade average of 3.3%.
   Banking and Economy
1. TurtleFin, India’s leading insurtech platform, has partnered with YES BANK, to create a comprehensive technology
   platform – EasyNsure.
• EasyNsure, is a first-of-its-kind proposition for Yes Bank that will bring multiple insurance partners onto a common
   platform.
• It will provide a host of benefits such as – a seamless single-point online insurance service, ability to compare and
   select a suitable insurance cover basis the customer’s need, as well as a facility to compare costs for rationalizing
   purchase decisions, among others.
2. SBM Bank India and OPEN Financial Technologies Pvt Ltd has announced a strategic partnership for
   launching Asia’s first end-to-end Embedded Finance platform–
• Purpose – to offer a no-code, low-code and full-stack API solution that enables fintechs to build their own financial
   products using Zwitch’s technology stack
• Furthermore, Zwitch is built and operated by Open– the world’s fastest-growing digital banking enterprise that
   serves more than 3 million businesses and processes annual transactions worth more than USD 30 billion.November
   27 – National Organ Donation Day (13th edition)
• August 13 – World Organ Donation Day
2. November 30 – Day of Remembrance for all Victims of Chemical Warfare
   Sports
1. Magnus Carlsen has won the Meltwater Champions Chess Tour 2022 held at San Fransisco, USA.
   Miscellaneous
1. Industrialist and Toyota Kirloskar Motor vice-chairman Vikram Kirloskar has passed away.
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   National News
1. India and South Korea have collaborated to approve the Economic Development Cooperation Fund (EDCF) loan of
   Rs. 1,500 crores approx. to establish Intelligent Transport System on Nagpur-Mumbai Super Communication
   Expressway project.
• Purpose – to enhance the efficiency in traffic management through establishment of the Intelligent Traffic
   Management System (ITMS) and traffic centre
• Republic of Korea was designated as India’s Official Development Assistance (ODA) partner for development
   cooperation in October, 2016.
• The Economic Development Co-operation Fund (EDCF) was established in 1987 by the Republic of Korea for
   providing aid to different countries.
2. Germany has unveiled a proposal to provide €1 billion (₹8440 crore) for energy transition projects in India under a
   bilateral partnership for green and sustainable development.
• The two sides agreed on the funding for more than 20 development projects over the next year in the fields of
   renewable energy, sustainable urban development in smart cities and sustainable use of natural resources.
• The funding will include 10% grants and 90% in the form of lines of credit.
3. *Union Minister for Civil Aviation Jyotiraditya Scindia launched Digi Yatra from the Indira Gandhi International
   Airport, New Delhi for three airports in the country, namely New Delhi, Varanasi and Bengaluru.
• Digi Yatra, in the first phase, will be launched at 7 airports.
• However, it has been initially launched at 3 airportse., Delhi, Bengaluru and Varanasi on December 1, to be followed
   by 4 airports namely Hyderabad, Kolkata, Pune, and Vijayawada by March 2023.
•   The service is presently being launched for domestic flight passengers only.
•   The initiative aims to make travel paperless and hassle-free. The passenger’s ID and travel credentials are stored in a
    secure wallet on the passenger’s smartphone itself.
•   The uploaded data will utilise blockchain technology and all the data will be deleted from the servers within 24 hours
    of use.
        Knowledge Nuggets -
        • ‘Digi Yatra’ is a policy released by the ministry of ‘Civil Aviation’ in June 2017.
        • It is based on biometric digital processing at airports.
        • It is on the line of ‘Digital India’ vision.
        • The major purpose behind this scheme is to digitize nation or transform nation into
        digitally empowered society.
        • Digi Yatra Foundation – a joint venture company, formed in 2019 under Section 8 of the
        Companies Act, 2013 – is implementing the initiative.
        • The Foundation is owned by –
        o Airport Authority of India – 26%
        o Remaining 74% share is held by 5 shareholders –
        o Bangalore International Airport Limited
        o Delhi International Airport Limited
        o GMR Hyderabad International Airport Limited
        o Mumbai International Airport Limited
        o Cochin International Airport Limited
   State News
1. Uttar Pradesh Chief Minister Yogi Adityanath has launched One District One Sport (ODOS) on the lines of the highly
   successful One District One Product (ODOP) scheme of the government.
• Under the scheme, one sport will be identified in each of the 75 districts of UP and necessary steps taken to find
   district-wise sport-specific talents and hone their skills.
• Firstly, the scheme would help in promoting sports culture and keeping the younger generation healthy in the state
   and secondly, it will provide a platform for sportspersons to nurture their talents and skills in order to take part in
   prestigious national and international championships and win medals.
• ODOS sports and districts –
                                    Athletics – Mainpuri, Firozabad,
        Wrestling                   Jaunpur, Bhadohi, Sambhal,                 Hockey – Pratapgarh,
        – Varanasi,                 Sitapur, Kasganj, Unnao, Ayodhya,          Mau, Bareilly,
        Gorakhpur,                  Kaushambi, Etah, Amethi,                   Lucknow, Rae Bareli,
        Chandauli,                  Rampur, Siddharthnagar,                    Hardoi, Farrukhabad,
        Baghpat, Aajgarh,           Santakbirnagar, Chitrakoot, Basti,         Moradabad,
        Deoria,                     Hamirpur, Hapur, Meerut,                   Balrampur, Etawah
        Maharajganj                 Ghazipur, Shamli, Ballia and               and Ghaziabad
                                    Muzaffarnagar
        Boxing
        – Bulandshahr and           Archery – Sonbhadra and Lalitpur           Football – Hathras
        Kushinagar
        Swimming
                                    Shooting – Banda                           Kabaddi – Kannauj
        – Pilibhit
        Lawn Tennis
                                    -                                          -
        – Prayagraj
2. Tree Tag (Green startup in Kerala) has won Climathon-2022, a hackathon organized by the Kerala Startup
   Mission (KSUM) in Kochi, in the category of “Life on Land”.
• The hackathon was organized in collaboration with EY Global Delivery Services, UNDP, Startup India, Global Shapers
   Kochi, NASSCOM and TiE Kerala.
• The winners will receive a prize money of Rs 5 lakh.
• Climathon-2022 focussed on climate change with the theme of securing a sustainable and climate-resilient future.
3. A first-of-its-kind Tribal Winter Festival was held in the Bandipora district of Jammu and Kashmir.
4. 23rd Hornbill Festival 2022 has begun at Naga Heritage Village Kisama in Nagaland.
• Hornbill Festival of Nagaland is also popularly known as the ‘Festival of Festivals’.
• Hornbill is an Indian bird also known as the concave-casqued hornbill.
• G20 chief coordinator – Harsh Vardhan Shringla
   Defence News
1. Indian Army has trained a kite named “Arjun” to prey on enemy drones. It was showcased during the ongoing joint
   training exercise Yudh Abhyas of India and the US in Uttarakhand’s Auli.
2. 12th Edition of Exercise Agni Warrior, a bilateral exercise between the Singapore & Indian Army, was held at Field
   Firing Ranges, Maharashtra.
   Memorandum of Understanding
1. The Comptroller & Auditor General of India and the Comptroller General of the Republic of Chile have signed
   an MOU to strengthen institutional and professional capacities and learn from each other’s best practices at the
   Chilean capital of Santiago.
       Knowledge Nuggets –
       • Article 148 of the Indian Constitution - There shall be a Comptroller and Auditor-General
       of India who shall be appointed by the President by warrant under his hand and seal and
       shall only be removed from office in like manner and on like grounds as a Judge of the
       Supreme Court.
   International News
1. Israeli Navy conducted a successful test of a long-range interceptor missile against an “advanced” cruise missile.
• The LRAD missile, part of the Barak MX defense system, is developed by the Israeli Aerospace Industries and the
   Defense Ministry’s research and development division, known by the Hebrew acronym MAFAT.
• The Sa’ar 6-class corvette INS Magen launched the missile after detecting a target that resembled an advanced
   cruise missile.
2. India has assumed the presidency of UN Security Council for the month of December 2022.
• India was elected as the president in August 2021 also.
   Reports and Indices
1. World Bank has released the “Migration and Development Brief 37”, in collaboration with KNOMAD.
• Remittance flows to South Asia are expected to grow 3.5% to reach $163 billion in 2022, benefiting from a heavy lift
   from India and Nepal.
• India’s remittances are anticipated to reach a milestone of $100 billion in 2022, in comparison to $89.4 billion in
   2021.
• India’s growth rate in remittances is 12% over 2021-22.
• A change in trend – These remittances are coming from high-skilled labours and from high-income countries.
• US has replaced UAE as the main source of remittance for India in 2022, with 23% remittance contribution.
• Mexico is the second topmost remittance recipient with a tally of $60 billion (which replaced China in second
   position during 2021).
2. World Bank has released the “Climate Investment Opportunities in India’s Cooling Sector” report.
•   As per the report, shifting to a more energy-efficient pathway could lead to a substantial reduction in expected CO2
    levels over the next two decades.
•   Over 160-200 million Indians could be exposed to lethal heat waves.
•   It suggests a sustainable roadmap for cooling that has the potential to reduce 300 million tons of carbon dioxide
    annually by 2040.
Knowledge Nuggets -
        • In 2019, the Ministry of Environment, Forest and Climate Change has launched the India
        Cooling Action Plan to address the cooling requirement across sectors and lists out actions
        which can help reduce the cooling demand.
        • Targets under the India Cooling Action –
        (i) Reduce cooling demand across sectors by 20% to 25% by 2037-38
        (ii) reduce refrigerant demand by 25% to 30% by 2037-38,
        (iii) Reduce cooling energy requirements by 25% to 40% by 2037-38,
        (iv) recognize “cooling and related areas” as a thrust area of research under national S&T
        Programme,
        (v) training and certification of 100,000 servicing sector technicians by 2022-23, synergizing
        with Skill India Mission
   Banking and Economy
1. Fino Payments Bank has partnered with citizen-centric and population-scale e-governance solutions Protean eGov
   Technologies (formerly NSDL e-Governance Infrastructure Limited), to expand permanent account
   number (PAN) card issuance services in rural areas.
• MD and CEO of Protean eGov Technologies – Suresh Sethi
• MD and CEO of Fino Payments Bank – Rishi Gupta
2. RBI has granted a conditional approval to The Carlyle Group and Verventa Holdings to acquire 9.99% stake each
   in YES Bank.
• BFHL will own approximately 60% and GIC and CC will own approximately 20% each in IDFC AMC.
3. City Union Bank customers can pay their GST dues payable to the Government through their bank account on
   the GST Portal.
4. com, an online foreign exchange marketplace, has launched the Interbank Rate Multi-Currency Forex Card – India’s
   first zero markup travel card.
• The BookMyForex co-branded multi-currency card has been developed in association with Yes Bank, M2P and is
   powered by Visa so it will work on all platforms where Visa is accepted.
• com is a Makemytrip Group Company.
5. ICICI Bank has launched STACK for companies in real estate sector to offer solutions to their banking requirements
   on one platform.
• The STACK, which is a combination of digital and physical solutions, enables participants of the real estate sector
   namely builders, Real Estate Investment Trusts (REITs) and Alternate Investment Funds (AIFs) to undertake banking
   transactions expeditiously.
• This initiative is an extension of the ‘ICICI STACK for Corporates’ which the Bank launched last year to provide a
   customised set of banking solutions for corporates and their entire ecosystem.
6. Bank of Baroda has launched of a new product at its branch in GIFT City, e., Foreign Currency Loan against INR
   Deposits of Indian Companies for their Overseas Subsidiaries/ Joint Ventures.
• It is the first bank to open this facility in the GIFT City.
• This facility will help corporates working overseas in increasing their foreign currency reserves through the bank.
7. RBI and the Financial Services Agency (FSA), Japan has exchanged letters of cooperation in the field of Central
   Counter Parties (CCPs) with the objective of improving mutual cooperation.
8. RBI has allowed foreign branches/foreign subsidiaries of Indian banks and All India Financial Institutions (AIFIs) to
   deal in financial products, including structured financial products, that are not available or are not permitted by it in
   the domestic market without its prior approval.
•  The financial products dealt by the foreign branches and subsidiaries as well as IFSCs will attract the prudential
   norms such as capital adequacy, exposure norms (including Large Exposure Framework), periodical valuation, and all
   other applicable norms.
9. RBI has adopted the regulatory framework for Urban Co-operative Bank, recommended by the NS Vishwanathan’s
   Expert Committee on UCBs.
• The four-tier structure of UCBs –
• Tier 1 – All unit UCBs and salary earners’ UCBs (irrespective of deposit size), and all other UCBs having deposits up to
   ₹100 crore;
• Tier 2 – UCBs with deposits more than ₹100 crore and up to ₹1000 crore;
• Tier 3 – UCBs with deposits more than ₹1000 crore and up to ₹10,000 crore;
• Tier 4 – UCBs with deposits more than ₹10,000 crore.
• Specifically, a minimum net worth of ₹2 crore for Tier 1 UCBs operating in single district and ₹5 crore for all other
   UCBs (of all tiers) has been stipulated.
• The minimum CRAR requirement for Tier 1 banks is retained at the present prescription of 9% under current capital
   adequacy framework based on Basel I.
• For Tier 2, Tier 3 and Tier 4 UCBs, while retaining the current capital adequacy framework, it has been decided to
   revise the minimum CRAR to 12% so as to strengthen their capital structure.
• As per the data reported by the banks as on March 31, 2021, most of UCBs have CRAR more than 12% (1274 banks
   out of 1534).
• All the remaining banks will have to achieve a CRAR of 10% by the financial year ending March 31, 2024, 11% by
   March 31, 2025; and 12% by March 31, 2026.
   Important Days
1. December 1 – World Aids Day; Theme – Equalize
• Red Ribbon is used for creating awareness about AIDS.
Knowledge Nuggets -
       Govt Departments – Gold Medal                  IT Board and Central Board of Direct Taxes
3. The Manthan platform has won NSEIT Best Tech Initiative of the Year Award at the Dun & Bradstreet Business
   Excellence Awards 2022.
• Purpose – for building the technology infrastructure to promote collaboration between industry and the scientific
   research at scale
• Manthan Platform was launched in 2022 to facilitate R&D/innovation, share challenges focused on emerging
   technologies, other scientific interventions, as well as those with a social impact.
• Implementing Agency: Office of the Principal Scientific Adviser (PSA) to the Government of India.
• It promotes collaboration at scale between industry and scientific research and development ecosystem to help
   meet India’s national targets and Sustainable Development Goals (SDGs).
       Knowledge Nuggets –
       • NSEIT Limited is a global technology enterprise focused on delivering excellence in complex digital environment,
       primarily in banking, insurance, and capital market ecosystem.
       • It is a 100% subsidiary of National Stock Exchange of India.
       • Its key service pillars are Application Modernization, Business Transformation, Data Analytics, Infrastructure &
       Cloud Services, Cybersecurity, EdTech, and online examinations solutions
4. “The Chipko Movement: A People’s History” book has won the Kamaladevi Chattopadhyay NIF Book Prize 2022.
• Author – Shekhar Pathak
Knowledge Nuggets –
       • Since 2018, the New India Foundation has been awarding the annual Kamaladevi
       Chattopadhyay NIF Book Prize for the best non-fiction book on modern / contemporary
       India published in the previous year.
       • This prize is named to honour the legacy of Kamaladevi Chattopadhyay, an Indian social
       reformer and freedom activist.
       • Prize Money - Rs 15 lakhs
   6dec****************************************************************************************
   National News
1. Supreme Court has floated the idea of launching a “Project GIB (Great Indian Bustard)” for protecting this
   endangered bird.
•   This large bird, found mainly in Rajasthan and Gujarat, has been categorised as critically endangered by
    the International Union for Conservation of Nature (IUCN).
•   According to the Wildlife Institute of India (WII), in Rajasthan, 18 GIBs die every year after colliding with overhead
    power lines.
Knowledge Nuggets –
Knowledge Nuggets –
        • Atal Innovation Mission (AIM), NITI Aayog is Government of India’s flagship initiative to
        promote a culture of innovation and entrepreneurship in the country and was setup in 2016.
        • It has launched various sub-programs, such as
        o Atal Tinkering Labs - at school level
        o Atal Incubation Centres - "An ecosystem of Startups and Entrepreneurs”
        o Atal Community Innovation Centres - serving Unserved and Under-Served regions of India
        o Atal New India Challenges - Product and Service Innovations with National Impact
        o ARISE ANIC challenges - to stimulate startup/ MSME industry innovation
        o Mentor of Change (Mentorship and Partnerships - with Public, Private sector, NGOs,
        Academia, Institutions)
4. IIT-Madras has developed and deployed Sindhuja-I, a system that could generate electricity using energy from
   seawaves, about six kilometres from the coast of Tuticorin in Tamil Nadu.
• Sindhuja-I can currently produce 100 watts of energy. It will be scaled up to produce one megawatt of energy in the
   next three years.
5. Central government has approved the Print and Digital Media Association (PADMA) as a self-regulatory body for
   publishers of news and current affairs across the country.
• The organisation — with 47 digital news publishers on board — will look at grievances related to digital media news
   content on their platforms.
• The organisation will be headed by former HC Judge Mool Chand Garg.
6. Department of Pension and Pensioners’ Welfare has launched a nationwide campaign for promotion of Digital Life
   Certificate for Central Government pensioners.
• The objective of this nationwide campaign is to promote the use of Face Authentication technology and Digital Life
   Certificate (DLC) to ensure transparency and ease of usage.
7. Ministry of Minority Affairs has announced that pre-matric scholarship to students of minority communities
   studying in classes 1 to 8 is being discontinued, and only those in Classes 9 and 10 will now be eligible for this
   scholarship from 2022-2023 onwards.
• A notice posted on the National Scholarship Portal stated that this is being done in line with the pre-matric
   scholarship scheme of the Ministry of Social Justice & Empowerment and Ministry of Tribal Affairs.
• The Ministry had allocated Rs 1,425 crore for pre-matric scholarships for 2022-23 to minority students.
8. Intellectual Property charges have been increased under the Start-Ups Intellectual Property
   Protection (SIPP) scheme.
• In addition to above scheme, IP filling by startups are also encouraged by providing with fee rebates under
   respective IP legislations.
• Startups are provided 80% fee rebate in filing patent applications and 50% fee rebate in filling trademark
   application. In addition, there are also provisions for fast-track examination of patent applications.
worKnowledge Nuggets –
        • India is one of the leading producers of millets in the world with an estimated share of around 41% in the global
        production.
        • As per FAO, world production of millets in the year 2020 was 30.464 million metric tons (MMT) and India’s share
        was 12.49 MMT, which accounts to 41% of the total millet production.
        • India recorded 27% growth in millet production in 2021-22 as compared to millet production in the previous year
        was 15.92 MMT.
        • India’s top five millet producing states are Rajasthan, Maharashtra, Karnataka, Gujarat and Madhya Pradesh.
        • Share of export of millets is nearly 1% of the total millet production.
        • It is estimated that the millets market is set to grow from its current market value of more than USD 9 billion to
        over USD 12 billion by 2025.
        • India’s major millet exporting countries are U.A.E, Nepal, Saudi Arabia, Libya, Oman, Egypt, Tunisia, Yemen, U.K
        and U.S.A.
        • The major millet importing countries in the world are Indonesia, Belgium, Japan, Germany, Mexico, Italy, the
        U.S.A, United Kingdom, Brazil and Netherlands.
        • Thevarieties of millets exported by India include Bajra, Ragi, Canary, Jawar, and Buckwheat.
11. Ministry of Agriculture and Farmers Welfare has launched the “Agriculture Investment Portal” aka Krishi Nivesh
    Portal to facilitate investment in agriculture.
    ➢ Why: It will be a centralized one stop portal for agri-investors to avail benefits of various government schemes
    related to agriculture and allied sectors.
    • Objectives
    ▪ To boost investments in the agriculture sector.           ▪ To ease the handholding process for the investors.
    ▪ To guide and assist the investors with the major infrastructure available in India.
    ▪ Support investors and companies with the schemes, policies and incentives given by the Central/ State Govts.
    Swar Dharohar music, art, and literature festival was inaugurated by the Culture Ministry under Kalanjali.
• Ministry of Culture organizes “Daakroom”, the letter writing carnival in association with Department of Post.
• The one-of-a-kind letter writing event, supported by India Post, Ministry of Culture and Gandhi Smriti and Darshan
    Samiti, is aimed to give a digital detox.
• Paramparagat Krishi Vikas Yojana, financial aid of Rs. 50,000 per hectare/ three years is allowed, out of which Rs.
    31,000 (61 percent) is given to the farmer directly via DBT for input (biopesticides, biofertilisers, botanical extracts,
    vermicompost etc) production/ procurement, packing and marketing etc.
    State News
1. West Bengal government has launched its ‘Graded Response Action Plan’ (GRAP) to tackle the problem of air
    pollution in Kolkata and other non-attainment cities like Howrah, Barrackpore, Durgapur, Haldia and Asansol.
• The GRAP (Graded Response Action Plan) is an emergency response action plan invoked with a view to curb the
    further deterioration of adverse air quality scenarios. It is also under implementation in Delhi and NCR.
        Knowledge Nuggets
2. President of India Droupadi Murmu launched “Open Loop Ticketing System” for the Haryana State Transport
   Corporation on the occasion of Gita Mahotsav 2022 in Kurukshetra.
• Now, Haryana has become the first state to introduce the open-loop ticketing system for roadways buses.
• Purpose – to help commuters to do away with buying physical tickets for roadways buses
• AU Small Finance Bank has partnered with the Haryana govt to operationalise this system by providing National
   Common Mobility Card and other facilities.
3. Tamil Nadu Police Department has issued ‘Soulbound Tokens’ – Non-Fungible Tokens on Blockchain platform – as
   rewards to its outstanding team members.
• The Idol Wing of the Tamil Nadu Police Department partnered with GuardianLink (a non-fungible token (NFT) start-
   up which has offices in Singapore and Chennai) to issue soulbound tokens to its outstanding team members.
• These virtual assets cannot be taken or given away.
4. Adani Group has bagged 259-hectare Dharavi Redevelopment Project with a ₹5,069 crores bid.
5. Assam is celebrated the first-ever Silchar-Sylhet Festival to cherish the linguistic and cultural ties between the Barak
   Valley region of Assam and the Sylhet segment of Bangladesh.
• Southern Assam’s Silchar town is hosting the two-day Silchar-Sylhet Festival that coincides with the 75th year of
   India’s independence and the 50th anniversary of the liberation of Bangladesh from Pakistan.
6. Maharashtra Chief Minister Eknath Shinde has become the first state in India to set up a separate Divyang
   department for the welfare of differently-abled people with a fund allocation of Rs 1,143 crore.
        Knowledge Nuggets
        • The Wassenaar Arrangement came into being in 1996 and has 42 members. The WA
        operates on a voluntary basis and decisions are made by consensus.
        • The primary goal of the organisation is to restrict access to sensitive technologies for
        terrorist outfits.
        • The agreement is a multilateral export control regime, which, through regular information
        exchange among members on transfers of conventional arms and dual-use goods and
        technologies, seeks to promote transparency and greater responsibility in such transfers and
        prevent destabilising accumulations.
        • The US, the UK, Japan, South Korea, France, Germany and Australia are some key
        members of the WA. Prominent non-members include China and Israel. India will take over
        from Ireland.
2. Saudi Arabia has extended its term for a USD 3 billion deposit to support the Pakistan’s cash-strapped economy.
        Knowledge Nuggets
        • Saudi Arabia Capital – Riyadh; Currency - Saudi Riyal; National Language – Arabic
        • The country is home to Mecca and Medina, the two holiest cities in Islam.
4. World Bank has approved USD 250 million financing to help Bangladesh strengthen environment management and
   promote private sector participation in green investment.
• The country has launched the Bangladesh Environmental Sustainability and Transformation (BEST) Project to tackle
   key pollution issues.
5. Isaac Herzog has become the first Israeli President to visit Bahrain.
   Reports and Indices
1. World Meteorological Organization (WMO) has released its first State of Global Water Resources report to assess
   the impact of climate change on the world’s water resources.
• The volume of water available in the Ganga river and the groundwater in the river-basin have both seen a significant
   fall between 2002 and 2021.
•   Apart from this, the report has presented general observations about the deterioration of the freshwater resources
    of the world.
        Knowledge Nuggets -
        • The World Health Organization (WHO) is a specialized agency of the United Nations that is concerned with
        international public health.
        • Year of Establishment – 1948
        • Headquarters – Geneva, Switzerland
        • WHO began when its Constitution came into force on 7 April 1948 – a date when we celebrate every year as
        World Health Day.
3. International Labour Organization has released the “Global Wage Report 2022-23”.
• Subtitle – The impact of inflation and COVID-19 on wages and purchasing power
• The report estimates that global monthly wages fell in real terms to 0.9% in the first half of 2022.
• This is the first negative global wage growth recorded since the first edition of the Global Wage Report in 2008.
• Among the G20 countries, which account for some 60% of the world’s wage employees, real wages in the first half
   of 2022 are estimated to have declined to –2.2% in advanced economies, while wage growth in emerging economies
   slowed but remained positive at 0.8%.
• The average wages of advanced G20 countries is $4,000 per month and for emerging G20 countries, it is $1,800 per
   month.
• 17th International Labour Organization Asia and the Pacific Regional Meeting was recently organized in Singapore.
Knowledge Nuggets
        • The International Labour Organization (ILO) is a United Nations agency dealing with labour problems,
        particularly international labour standards, social protection, and work opportunities for all.
        • Year of Establishment – 1919
        • Headquarters – Geneva, Switzerland
        • India has ratified a total of 47 ILO Conventions.
        • The recent conventions ratified by India are 138 and 182. These were ratified in 2017.
        o Convention 138 – This convention specifies the minimum age for employing individuals. Developing or Least
        Developed Countries where economy and educational facilities are insufficiently developed may, specify a
        minimum age of 14 years. In India, this is the minimum employable age.
        o Convention 182 – It prohibits worst forms of child labour.
4. United Nations Development Programme (UNDP) has released the “Turning the tide on internal displacement: A
   development approach to solutions” report.
• According to the report, for the first time ever, more than 100 million people were forcibly displaced in 2022, most
   of them within their own countries.
• At the end of 2021, there were over 59 million people forcibly displaced within their own countries due to conflict,
   violence, disasters and climate change.
• According to the World Bank, climate change could force more than an estimated 216 million people to move
   within their own countries by 2050.
        Knowledge Nuggets –
        • UNDP is based on the merging of the United Nations Expanded Programme of Technical Assistance, created in
        1949, and the United Nations Special Fund, established in 1958.
        • Afterwards, the UNDP was established in 1966 by the General Assembly of the United Nations.
5. The Economist Intelligence Unit has released the Worldwide Cost of Living 2022
• Total – 172 cities
• Top 10 most expensive cities in 2022 –
• New York and Singapore (tie)
• Tel Aviv, Israel
• Hong Kong and Los Angeles (tie)
• Zurich, Switzerland
• Geneva, Switzerland
• San Francisco, California
• Paris, France
• Copenhagen, Denmark
Knowledge Nuggets
        • The Food and Agriculture Organization (FAO) is specialized agency of the United Nations that leads international
        efforts to defeat hunger. The goal is to achieve food security for all and make sure that people have regular access
         to enough high-quality food to lead active, healthy lives.
         • Year of Establishment – 1945
         • Headquarters – Rome, Italy
         FAO’s Codex Alimentarius Commission (CAC) –
         • FAO’s Codex Alimentarius Commission (CAC) is an intergovernmental body, established jointly by the UN's Food
         and Agriculture Organisation (FAO) and the WHO in 1963, within the framework of the Joint Food Standards
         Programme.
         • The Secretariat of the CAC is hosted at FAO headquarters in Rome.
         • It was established to protect the health of consumers and ensure fair practices in the food trade.
         • It meets in regular session once a year alternating between Geneva and Rome.
         • Currently, it has 189 Codex Members.
7. 2022 New Energy Outlook report has been released by BloombergNEF to keep the temperature increase to 77
   degrees Celsius above pre-industrial levels by 2050.
• The report has provided certain recommendations for limiting the temperature increase to 1.77 degrees Celsius –
• Emissions need to fall by 30% by 2030 and by 6% a year to 2040.
• Investments in the clean energy sector must triple to reach Net Zero by 2050.
• About 25% of total emissions can be reduced using low-carbon electricity in the transport sector and industrial
   processes.
• The rest of the emissions can be reduced by hydrogen and carbon capture and storage (CCS).
• CCS is the process of using technology to capture carbon emissions from industrial processes or power generation,
   from where it is transported and stored underground for posterity.
         Knowledge Nuggets
         • BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive
         technologies driving the transition to a low-carbon economy.
     Banking and Economy
2.   San Francisco-based OpenAI has launched ChatGPT chatbot for free public testing. A chatbot is a software
     application designed to mimic human-like conversations based on user prompts.
•    The chatbot is based on GPT-3.5 – a deep-learning language model that produces human-like text.
3.   Bharti Airtel and Meta Platforms Inc. have announced to jointly invest in extending the Facebook parent’s subsea
     cable infrastructure to India
•    Both organizations will also work to integrate WhatsApp as a communications platform as a service (CPaaS).
•    Airtel will partner with Meta and Saudi Telecom to extend 2Africa Pearls, the subsea cable set up by Meta that
     connects Africa, Europe and Asia, to India.
•    2Africa is the world’s longest subsea cable system and is expected to provide faster internet connectivity to almost
     3 billion people globally.
4.   Central Government is planning to allow businesses to use their Permanent Account Number (PAN) as a unique
     identifier for accessing the National Single Window System (NSWS) to receive different clearances and approvals
     from central and state governments.
•    The National Single Window System (NSWS) is being developed by the Department for Promotion of Industry and
     Internal Trade (DPIIT) as a one-stop shop for investors to apply for various approvals from central and state
     governments.
5.   Edelweiss Mutual Fund has announced the launch of the fourth tranche of BHARAT Bond ETF – India’s first
     corporate bond ETF (exchange-traded fund).
•    A central government initiative, Bharat Bond ETF invests only in ‘AAA’-rated bonds of public sector companies.
•    Edelweiss Asset Management is the fund manager of the scheme.
•    This latest tranche of the ETF and BHARAT Bond Fund of Fund (FoF) series will mature in April 2033.
•    Through the launch of this new series, Edelweiss Mutual Fund proposes to raise an initial amount of ₹1,000
     crore with a green shoe option of another ₹4,000 crore.
         Knowledge Nuggets
        • Bharat Bond ETF was launched in 2019.
        • It is an open ended Target Maturity Exchange Traded Bond Fund that seeks to track the
        returns provided by Nifty BHARAT Bond Index.
        • A target maturity fund has a maturity date just like Fixed maturity plan. In these ETF’s the
        underlying securities are held until the maturity of the Scheme.
        • The Fund will have a defined maturity - April 2023 & April 2030 ( 3 years+ & 10 years+
        respectively)
6. The National Payments Corporation of India (NPCI) recently extended the deadline by two years for existing third-
    party apps to comply with its market share guidelines for the UPI network.
• The NPCI mandate requires payment apps to hold not more than 30% market share in terms of payment volumes.
• The new deadline to comply with the rule is December 31, 2024.
7. State Bank of India (SBI), the country’s largest lender, has raised ₹10,000 crore through its maiden infrastructure
    bond issuance at coupon rate of 7.51%.
• It is the largest single infrastructure bond issued by any Bank in the country.
• The tenor of these bonds is 10 years.
8. Economic Advisory Council member Sanjeev Sanyal has mentioned that India is capable of sustaining an economic
    growth of 9% for many years.
9. RBI has imposed a monetary penalty of ₹5 lakh on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka for
    non-adherence / violation of directions issued under Exposure Norms and Statutory / Other Restrictions – UCBs.
10. Life Insurance Corporation has also started its services on WhatsApp and the registered policyholders can avail the
    services for better communication with the insurance company.
• The official WhatsApp Number of LIC is 8976862090.
Knowledge Nuggets –
        • Parliament of India passed the Life Insurance Corporation Act, 1956, and the Life Insurance Corporation of India
        was created on 1st September, 1956.
        • Life Insurance in its modern form came to India from England in the year 1818. Oriental Life Insurance Company
        started by Europeans in Calcutta was the first life insurance company on Indian Soil.
        • LIC Chairperson - Mangalam Ramasubramanian Kumar
11. Goldsikka ATM – India’s first Gold ATM and World’s first real-time gold ATM – has been launched in Begumpet,
    Hyderabad.
• The ATM allow people to withdraw gold coins just like cash from this gold ATM using their debit or credit cards.
• Goldsikka Pvt Ltd, a gold distributor company, has installed this first gold ATM in collaboration with M/s OpenCube
    Technologies Pvt Ltd.
    Appointments
1. Rajeeva Laxman Karandikar has been appointed as the chairperson of the National Statistical Commission.
        Knowledge Nuggets -
        • The National Statistical Commission (NSC) was constituted under the Ministry of Statistics and Program
        Implementation with effect from 2006 on the recommendations of the Rangarajan Commission.
        • Purpose - to evolve policies, priorities and standards in statistical matters
        • The NSC has four Members besides a Chairperson, each having specialization and experience in specified
        statistical fields.
   Important Days
1. December 4 – Indian Navy Day
• The day commemorates the commencement of Operation Trident against Pakistan during the Indo-Pak War in 1971.
2. December 4 – International Cheetah Day
3. December 5 – Parakram Diwas (51st anniversary of India’s victory in the Longewala battle during the 1971 war)
• The celebrations will take place at the Sagat Singh Stadium, Jodhpur, Rajasthan.
4. December 6 – Mahaparinirvan Diwas (67th death anniversary of Dr BR Ambedkar)
   Awards
1. Google and Alphabet CEO Sundar Pichai has received the Padma Bhushan – India’s third-highest civilian award –
   for 2022 in Trade and Industry category.
• The Padma Awards for 2022 have been announced in January 2022. This is the list of awardees
   – https://www.thehindu.com/news/resources/full-list-of-padma-awards-2022/article38325003.ece
2. President of India, Smt Droupadi Murmu, presented the National Awards for the Empowerment of Persons with
   Disabilities for the year 2021 and 2022 in New Delhi.
• National Awards for 2021 were given to 25 Individuals, Institutions and Organizations.
• National Awards for 2022 were given to 29 Individuals, Institutions and Organisations.
• Categories of the awards –
• Sarvshresth Divyangjan,
• Shresth Divyangjan,
• Shresth Divyang Bal and Balika,
• Sarvshrestha Vyakti (working towards the empowerment of Divyangjan)
• Sarvshrestha Rehabilitation Professional worker
   Sports
1. Indian boxer Urvashi Singh has won the WBC International Super Bantamweight title as well as the WBC Asia Silver
   crown in Colombo, Sri Lanka.
2. Saurashtra cricket team has won the 2022-23 Vijay Hazare Trophy by defeating Maharashtra.
3. Indian shuttler Unnati Hooda created history at the Badminton Asia Junior Championships 2022 by becoming
   the first Indian to enter the Under-17 singles final.
4. In Shooting, Manu Bhaker and Sarabjot Singh won the 10 metre air pistol mixed team title at the 65th National
   Shooting Championship Competitions at the MP Shooting Academy range in Bhopal.
5. The Trophy Tour of the FIH Odisha Hockey Men’s World Cup 2023 was officially launched in Bhubaneswar.
6. Six Indian para-shuttlers have won gold medals at Peru Para Badminton International in Lima.
   Miscellaneous
1. Semeru Volcano has erupted in Java Island, Indonesia.
       Knowledge Nuggets –
   6dec****************************************************************************************
   National News
1. 5th edition of the European Union-India Competition Week was inaugurated at the Competition Commission of
   India (CCI) headquarters in New Delhi.
• In 2013, the Competition Commission of India (CCI) and European Commission had signed an MoU for cooperation in
   the field of competition laws in 2013.
2. Supreme Court has exempted Maharashtra’s Tungareshwar Wildlife Sanctuary (TWS) from its June 3 order
   mandating the creation of a one-kilometre eco-sensitive zone (ESZ) around all Protected Areas in India.
• Earlier, the Supreme Court had exempted the Sanjay Gandhi National Park and Thane Creek Flamingo Sanctuary
   from the ESZ requirement.
3. The 12th World Hindi Conference is being organized by the Ministry of External Affairs, in collaboration with
   the Government of Fiji from 15 to 17 February 2023 in Fiji.
• Theme of the Conference – “Hindi: From Traditional Knowledge to Artificial Intelligence”
• According to the United Nations report of 2020, Fiji had a population of more than 896,000 and out of which over
   30% is of Indian-origin.
4. Central Govt has launched ₹2.44 lakh crore plan to generate 500 gigawatts (GW) of renewable energy by 2030.
• India plans to have 500 GW of non-fossil-based power capacity by 2030 so that cleaner fuels comprise 50% of the
   power mix.
• India currently has 409 GW installed capacity comprising 173 GW from non-fossil fuel sources, which is about 42% of
   total installed electricity generating capacity.
5. University Grants Commission has constituted an apex committee to prepare the roadmap to
   introduce undergraduate and postgraduate courses in regional languages in disciplines including commerce,
   humanities, and science across the country.
• The UGC has sought the translation of textbooks for undergraduate programmes in languages such as Telugu, Tamil,
   Kannada, Malayalam, Marathi, Gujarati, Odia, Bengali, Assamese, Punjabi, Hindi, and Urdu.
6. Central government has named 21 uninhabited islands in the union territory of Andaman &
   Nicobar after recipients of Param Vir Chakra, the country’s highest wartime gallantry award.
• The first uninhabited island numbered ‘INAN370’ in North and Middle Andaman was named after Major Somnath
   Sharma.
• Now ‘INAN370’ will be known as ‘Somnath Dweep’. He was the first recipient of the Param Vir Chakra.
7. Public Health Foundation of India and University of Leicester, England have received a grant of nearly £10
   million from the National Institute for Health and Care Research, UK.
• Purpose – to help improve the health outcomes and re-orient health systems to effectively address multiple long-
   term conditions (MLTCs) or multimorbidity in India and Nepal
• The Public Health Foundation of India and University of Leicester will collaborate with the All India Institute of
   Medical Science (AIIMS), Jodhpur, Health Related Information Dissemination Amongst Youth (HRIDAY), Delhi, and
   Kathmandu Medical College (KMC), Kathmandu.
8. SHE STEM 2022, the annual event to honor women in the disciplines of science, technology, engineering,
   mathematics, and sustainability, was successfully organized for the 3rd consecutive year as part of the Sweden-India
   Nobel Memorial Week.
• Organizers – Swedish Embassy in India, in collaboration with the Atal Innovation Mission, NITI Aayog, the Indian
   Government, and the German Centre of Innovation and Research, New Delhi
9. NITI Aayog organized a national conclave on soil health management for sustainable farming on the occasion of
   the World Soil Day (December 5, 2022).
• The conclave was co-hosted by NITI Aayog and GIZ, GmbH India on behalf of the German Federal Ministry for
   Cooperation and Economic Development (BMZ).
• Germany’s Federal Ministry of Economic Cooperation and Development intends to provide up to 300 million
   euros by 2025 for financial and technical cooperation for projects under this initiative.
• NITI Aayog and the BMZ have also signed a Statement of Intent for collaborations, with agro ecology being one of
   the priority areas.
• In May 2022, India and Germany signed a joint declaration for the establishment of the first-ever bilateral lighthouse
   initiative on agro ecology and sustainable management of natural resources.
   State News
1. Ladakh has approached the Indian Institute of Remote Sensing (IIRS), a unit of Indian Space Research Organisation
   (ISRO) for developing “Spatial Data Infrastructure geoportal ‘Geo-Ladakh’ for UT-Ladakh”.
• This portal will be used to find, access, distribute & contribute geospatial information and its associated geographic
   services such as navigation, buffer, measurements analysis, metadata catalogue, map catalogue and more.
2. The Telangana government has signed an MoU with Coinbase Inc to collaborate in building a strong Web 3.0
   community in the state.
• Amara Raja Batteries Limited (ARBL) has also signed an MOU with the Government of Telangana for setting up
   of Lithium-ion Battery Gigafactory in Mahabubnagar district.
   International News
1. Invasive Group A Strep (iGAS)-caused bacterial infection has claimed the lives of at least 6 children in the United
   Kingdom.
• Some of the symptoms of GAS infections are sore throat, fever, chills and muscle aches.
2. US Air Force has unveiled its newest nuclear stealth bomber named as B-21 Raider (world’s first sixth-generation
   aircraft).
• B-21 Raider has been developed by Northrop Grumman.
3. 17th session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage was
   hosted by the Kingdom of Morocco in Rabat.
4. Botswana to host the 18th session of the Intergovernmental Committee for the Safeguarding of the Intangible
   Cultural Heritage.
   Reports and Indices
1. 14th World Conference on Injury Prevention and Safety Promotion was held in Adelaide, Australia.
• “Preventing injuries and violence: an overview” report was released by WHO during the conference.
• Injuries and violence take the lives of some 12,000 people around the world each day.
• 3 of the top 5 causes of death among people aged 5–29 years are injury related, namely road traffic injuries,
   homicide and suicide.
2. The 2nd edition of the “State of Finance for Nature” report has been released by the UN Environment Program.
• The report has been released in collaboration with Economics of Land Degradation initiative of Germany’s Federal
   Ministry for Economic Cooperation and Development (BMZ), the United Nations Convention to Combat
   Desertification (UNCCD), and the European Commission.
• As per the report, the current global investment in Nature-based Solutions is $154 billion per annum, which needs
   to be increased to $384 billion by 2025.
3. Passport Index 2022 has been published by Arton Capital.
• Top – UAE
• India – 87th rank
4. Global Aviation Safety Ranking has been released by the International Civil Aviation Organization (ICAO).
• Total – 187 countries
• India is ranked at the 48th position. Four years ago, India was ranked at 102nd
• Singapore is at the top, followed by the UAE and South Korea at the second and third positions, respectively.
5. Tribal Development Report 2022 was launched by the Bharat Rural Livelihood Foundation (BRLF).
• The BRLF, which claims to be the first of its kind since 1947, was set up by the Union Cabinet in 2013 as
   an independent society under the Union Ministry of Rural Development to work for the society in partnership with
   central and state governments.
• As per the 2011 Census, India’s tribal communities form 8.6% of the country’s population.
• Central India is home to 80% of the tribal communities in the country.
   Banking and Economy
   Google’s Jigsaw subsidiary is launching a new anti-misinformation project in India for preventing misleading
   information that has been blamed for inciting violence.
1. RBI’s bi-monthly Monetary Policy Committee meeting –
• India’s Gross Domestic Product (GDP) – 6.8%
• Consumer Price Index (CPI) based inflation – 6.7% (same as its previous estimate)
• CPI moderated to 6.8 % (y-o-y) in October 2022 but it is still above the upper tolerance band of the target.
• India’s foreign exchange reserves (FER) stands at $561.2 billion as on December 2, 2022.
4. Federal Bank has unveiled a new campaign named ‘Football Fiesta’, to promote
   the football game.
5. Fintech player Spice Money has partnered with private sector lender Axis Bank to
   facilitate opening of instant, zero balance savings or current accounts for rural
   citizens through its Adhikari network.
• Spice Money aims to bridge the rural-urban divide and bring financial inclusivity by
   providing access to banking products to the last mile at their doorstep, thereby
   financially empowering thousands of rural citizens living in the rural India.
6. ICICI Lombard and AU Small Finance Bank have signed a bancassurance
   agreement to sell the insurance products to the bank’s customers.
7. Razorpay merchants can now begin accepting credit card payments on UPI, in
   partnership with Axis Bank.
• At present, UPI enables customers to make transactions through their bank accounts.
•  However, linking credit cards with UPI will ensure that customers will no longer have to carry their credit cards with
   them at all times for payments.
   GDP Forecasts
1. Fitch has forecasted a 7% GDP growth rate for India for 2022-
   23, 6.2% in 2023-24 and 6.9% in 2024-25.
2. World Bank has forecasted a 6.9% GDP growth
   rate for India for 2022-23 in its India Development Update.
        • Bharatiya Nabhikiya Vidyut Nigam Limited (BHAVINI) is a wholly-owned Enterprise of Government of India under
        the administrative control of the Department of Atomic Energy incorporated in 2003 as Public Limited Company
        under the Companies Act, 1956.
4. Meghna Ahlawat was elected president of the Table Tennis Federation of India.
   Important Days
1. December 4 – International Day of Banks
2. December 5 – World Soil Day; Theme – “Soils, where food begins”
• Food and Agriculture Organization has released the “Global Status of Black Soils” report.
• Status of Black Soil – Black soils are quickly losing their Soil Organic Carbon (SOC) sequestration capacity. They have
   lost 20 to 50% of their original SOC stock, with the carbon being released into the atmosphere mostly as carbon
   dioxide.
• Importance of Black Soil –
• Black soil has the capability to remove carbon from the atmosphere and lock it up in the soil organic matter (called
   carbon sequestration).
• Black soils have the potential to provide 10% of the total Soil Organic Carbon (SOC) sequestration globally if they
   receive proper attention.
• Black soils were home to 2.86% of the global population and had 17.36% of cropland, 8.05% of global SOC stock and
   30.06% SOC stock of global cropland.
• On this day, the King Bhumibol World Soil Award 2022 has been won by the Institute of Geology, National
   Autonomous University of Mexico.
• Dr Ashok Kumar Patra has been awarded the Glinka World Soil Prize 2022.
3. December 5 – International Volunteer Day; Theme – Solidarity through volunteering
   Awards
1. 16th edition of Forbes Asia’s Heroes of Philanthropy list –
• Top – Gautam Adani (donation of $7.7 billion)
• HCL Technologies’ Shiv Nadar and Happiest Minds Technologies’ Ashok Soota are other Indians on the list.
2. Badminton World Federation has announced the Player of the Year 2022 awards.
        Category                                                     Winner
     8dec*****************************************************************************************
     National News
1.   Garuda Aerospace launched India’s first e-learning platform for Drone Skilling and Learning in Chennai to provide
     skilling and training to one lakh youth over the next two years.
•    The virtual platform is called the Garuda Virtual Drone and Skilling University.
•    “Operation 777” – Garuda Aerospace’s Drone Yatra, which has the aim to “educate and demonstrate the efficacy of
     drones for different agricultural uses across 777 districts of India”, was flagged off.
•    Garuda Aerospace Founder and CEO – Agnishwar Jayaprakash
2.   Ministry of Road Transport and Highways will launch India’s first-ever surety bonds insurance product to boost
     liquidity in the infrastructure sector.
•    Surety bonds refer to the performance or delivery obligation to complete the insured project.
3.   Sweden and Nepal are conducting research on Ayushman Bharat Pradhan Mantri Jan Arogya Yojana.
     State News
1.   Uttarakhand has hired McKinsey, a global management consultancy, to achieve the target of doubling its Gross
     State Domestic Product (GSDP) in the next five years.
•    The government has signed a two-year agreement with the company under Shashakt (empowered) Uttarakhand
     mission.
•    The company will work in areas like agriculture, horticulture, Urban (Brownfield and greenfield cities), service sector,
     infra projects (core as well as social sectors) to accelerate the income of the people and of the State.
•    The State has the target of doubling GSDP from ₹2.73 lakh crore to ₹5.5 lakh crore by achieving a CAGR of 15% in the
     next five years.
2.   Kerala has announced to become a 100% renewable energy-based state by 2040 and net carbon neutral by
•    India Climate and Development Partners’ Meet was hosted by the Kerala government and the World Bank.
•    The Kerala State Action Plan on Climate Change 2023-2030 was released during the meet.
3.   Assam Cabinet approved a bill to create a Safai Karamchari Commission.
     Memorandum of Understanding
1.   ISRO’s Indian National Space Promotion and Authorization Center (In-Space) has signed an MOU with Vyom Space
     Exploration and Services Pvt Ltd (based in Gurugram) for its “human and cargo transportation capsule program”.
2.   ISRO has signed an MOU with Social Alpha, a multistage innovation curation and venture development platform for
     science and technology start-ups, to launch SpaceTech Innovation Network (SpIN).
•    SpIN is India’s first dedicated platform for innovation, curation, and venture development for the space startups.
•    SpIN will primarily focus on three categories: Geospatial Technologies and Downstream Applications; Enabling
     Technologies for Space & Mobility; and Aerospace Materials, Sensors, and Avionics.
•    SpIN has also launched its first innovation challenge. The selected start-ups and innovators will be able to access
     both Social Alpha’s and ISRO’s infrastructure and resources.
•    Early-stage start-ups for developing solutions in areas of maritime and land transportation, urbanisation, mapping,
     and surveying, disaster management, food security, sustainable agriculture, environmental monitoring, and natural
     resources management, among others are encouraged to apply.
3.   SIDBI has signed an MOU with the Small and Medium Enterprises General Authority of Saudi Arabia (Monsha’at)
     for exploring and collaborating on matters of common interest in the development and boosting MSMEs in their
     respective countries.
•    SIDBI will offer its expertise and experience to the newly launched SME Bank in Saudi Arabia.
     International News
1.   World Trade Organization’s Goods Trade Barometer has forecasted a slowdown in trade growth in the last quarter
     of 2022 and in 2023 due to Russia-Ukraine war.
•    The current value of the index is 96.2.
     Reports and Indices
1. “Tuberculosis Research Funding Trends, 2005–2021” report has been published by the Treatment Action
   Group (TAG) and the Stop TB Partnership.
• In 2021, the funding for TB research and development reached the $1 billion threshold for the first time in history.
• The United Nations High-Level Meeting on TB in 2018 set the target of $2 billion per annum for R&D.
   Banking and Economy
1. Union Government has infused about ₹5,000 crore in SWAMIH Investment Fund I, taking the total corpus of the
   fund to ₹15,530 crore.
• The Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I)
   was set up to provide priority debt financing to complete stressed, brownfield and RERA-registered residential
   projects.
• The fund is sponsored by the finance ministry and managed by SBICAP Ventures, a unit of State Bank of India.
• SWAMIH is a category II Alternative Investment Fund (AIF).
Knowledge Nuggets -
        • Alternative Investment Fund (AIF) means any fund established or incorporated in India which is a privately
        pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for
        investing in alternate investment instruments.
        • AIFs are governed by the SEBI (Alternative Investment Funds) Regulations, 2012.
        • There are three categories of AIFs in India –
        o Category I AIF – Encouraged and incentivised by the govt
         Venture capital funds (Including Angel Funds)
         SME Funds                      Social Venture Funds                     Infrastructure funds
        o Category II AIF – AIFs which do not fall in Category I and III. These funds aim to meet day-to-day operational
        requirements. Govt does not provide any concessions in this category.
         Real Estate Funds              Private Equity Funds
         Funds For Distressed Assets
        o Category III AIF – AIFs which employ diverse or complex trading strategies fall in this category. These funds can
        also invest in listed or unlisted derivatives.
         Hedge Funds                     PIPE Funds
2. Walmart and Flipkart partnered with the National Small Industries Corporation (NSIC) to accelerate capacity
   building for MSMEs across India.
• The partnership will help MSMEs unlock export potential and become part of retail supply chains locally and globally.
• The partnership has been established under the Walmart Vriddhi Supplier Development Programme. This program
   includes training, seminars and mentoring sessions conducted regularly for MSMEs.
3. Ageas Federal Life Insurance (AFLI) has launched its new healthcare plan named Ageas Federal Life Insurance Criti
   Care Plan, which covers the treatment of 30 critical illnesses and major disorders.
• The policy provides coverage up to the age of 70 years.
4. National Investment and Infrastructure Fund (NIIF) and GMR Airports Limited (GAL) will invest in three of GMR
   airports, including the Greenfield ones at Mopa, Goa, and Bhogapuram, Andhra Pradesh.
• The amount of investment and the name of the third airport have not been unveiled.
• The investment is expected to be around Rs 631 crore.
Knowledge Nuggets -
        • National Investment and Infrastructure Fund (NIIF) is India’s first infrastructure specific
        investment fund or a sovereign wealth fund that was set up by the Government of India in
        February 2015.
        • It aims to increase investments in infrastructural projects, both greenfield and brownfield.
7. IDFC FIRST Bank and NASSCOM Centre of Excellence (COE) have partnered to grow the innovation ecosystem
    through an exclusive range of banking solutions.
• IDFC First Bank and NASSCOM COE have also signed an MOU to appoint IDFC First Bank as the banking partner for
    startups.
8. RBI has decided to introduce the functionality of a single-block-and-multiple-debit in UPI.
• It will ease the process of recurring payments.
• The single block multiple debit feature of the UPI will enable users to separate and block funds in their accounts for
    specific purposes.
9. “Toolkit on Enabling Gender Responsive Urban Mobility and Public Spaces in India” was launched at a session
    organized by the World Bank and the Chennai Urban Metropolitan Transport Authority.
• The aim of the World Bank’s toolkit is to make urban mobility and design gender inclusive.
10. The RBI has signed a Currency Swap Agreement with the Maldives Monetary Authority (MMA) to enable MMA to
    make withdrawals in multiple tranches up to a maximum of $200 million from the RBI.
• This agreement has been signed under the SAARC Currency Swap Framework.
• The RBI will continue to offer a swap arrangement within the overall corpus of USD 2 billion.
• The swap withdrawals can be made in US dollar, euro or Indian rupee. The framework provides certain concessions
    for swap withdrawals in Indian rupee.
    Appointments
1. Uttarakhand government has named Prasoon Joshi, the CEO and CCO of McCann Worldgroup India, the state’s
    brand ambassador.
• Joshi was awarded the Uttarakhand Gaurav Samman to honour him for his contributions to art, literature, culture
    and advertising.
• The Uttarakhand Gaurav Samman, apart from the Uttarakhand Ratna, is one of the state’s two highest civilian
    awards given for achievements in various fields.
2. Dina Boluarte has been elected as the first female President of Peru.
3.
        Knowledge Nuggets -
        • Peru Capital – Lima; Currency – Peruvian sol; Official Language – Spanish (along with other
        Peruvian languages)
        • It is among the eight countries which occupy Amazon rainforests.
        • Amazon rainforest countries – Brazil, Bolivia, Columbia, Ecuador, French Guinea (not a
        country but a territory), Guyana, Suriname, Peru and Venezuela
        • It is among seven countries which occupy the Andes Mountain range - Venezuela,
        Colombia, Ecuador, Peru, Bolivia, Chile, and Argentina
        • Nazca Lines (a UNESCO World Heritage site) is a geoglyph etched into the Nazca Desert in
        southern Peru.
   Important Days
1. November 28 – Red Planets Day (NASA launched the Mariner 4 space probe on Mars in 1964)
2. December 7 – Armed Forces Flag Day
Knowledge Nuggets –
3. December 7 – International Civil Aviation Day; Theme – Advancing Innovation for Global Aviation Development
4. December 8 – SAARC Charter Day (38th edition)
   Awards
1. South Korea’s Mina Sue Choi was crowned Miss Earth 2022.
•    Miss Fire 2022 is Andrea Aguilera of Columbia, Miss Water 2022 is Nadeen Ayoub of Palestine, and Miss Air
     2022 is Sheridan Mortlock of Australia.
2.   World Athlete of the Year 2022 (Female) – Sydney McLaughlin-Levrone (American)
•    World Athlete of the Year 2022 (Male) – Armand Duplantis (American-Swedish)
•    The awards are given by World Athletics (based in Stockholm).
3.   Priyanka Chopra Jonas has featured on the BBC 100 Women 2022.
•    Sirisha Bandla (Aeronautical engineer), Sneha Jawale (Social worker), and Geetanjali Shree (author) are other Indian
     women on this list.
4.   Three Indian-origin women – Neelima Kadiyala, Dr Ana Baburamani and Dr Indrani Mukherjee – have been
     recognized as Superstars of STEM by Australia, along with other 57 scientists, technologists, engineers, and
     mathematicians.
•    Australia’s Superstars of STEM is an initiative that aims to smash society’s gender assumptions about scientists and
     increase the public visibility of females and non-binary people.
•    These three women are working in Australia.
5.   Quaide Milleth Educational and Social Trust will present the Quaide Milleth Award for Probity in Political / Public
     Life 2022 to Dravidar Kazhagam president K. Veeramani and The Wire (India) Media.
•    The award, named after Quaide Milleth Mohamed Ismail Sahib, is given annually to veterans in political and public
     life with a deep commitment to constitutional values, secularism, pluralism, inclusivism and concern for marginalised
     people.
     Sports
1.   Indian shuttler Anish Thoppani clinched a silver medal in the under-15 category at the Badminton Asia Junior
     Championships in Nonthaburi, Thailand.
     Miscellaneous
1.   “Sultan: A Memoir” is the autobiography of Pakistani cricketer Wasim Akram, written in collaboration with Gideon
     Haigh.
   9dec****************************************************************************************
   National News
1. Nagpur’s Economic Explosives Limited (EEL), a subsidiary of Solar Group, has developed a rocket motor for PSLV,
   which was successfully tested by the Indian Space Research Organisation (ISRO).
• This also marks the beginning of end-to-end production of the Polar Satellite Launch Vehicles (PSLV) through a
   private sector industry.
• It was the first PSOM XL motor, which forms the PS0 stage of the PSLVE-XL.
2. Central government has extended the ‘Rooftop Solar Programme-Phase 2’ till March 31, 2026.
• Now, the subsidy under the programme will be available until the target under the programme is achieved.
Knowledge Nuggets –
         • Ministry of New and Renewable Energy is implementing the Rooftop Solar Programme-Phase 2 since 2019 to
         achieve 40,000 MW cumulative capacity from rooftop solar projects by 2022 (now extended to 2026).
         • Components of the scheme –
         o Component A – Setting up of 4000 MW of grid connected rooftop plants in residential sector with central
         financial assistance.
         o Component B – Incentives to DISCOMs based on achievement of installing rooftop capacity.
         • Central financial assistance –
         o For individual households CFA up to 40% of the benchmark cost is provided for RTS projects up to 3 kW capacity
         o Up to 20% of the benchmark cost is provided for RTS projects beyond 3 kW and up to 10 kW
         o For Group Housing Societies/Residential Welfare Associations, CFA is limited to 20% for RTS plants
         • The total solar power installed capacity in the country as on 28.2.2022 was 50.78 GW including 6.4 GW from
         rooftop solar.
         • National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable
         Energy, has estimated a potential of 43 GW for Grid Connected RTS in the country.
3. Ministry of External Affairs, in partnership with the Indian Council of Cultural Relations (ICCR) and the Government
   of Goa, is organizing the International Lusophone Festival.
• Lusophones are peoples that speak Portuguese as a native or as common second language.
Knowledge Nuggets –
        • Portuguese is an official language of Angola, Brazil, Cape Verde, East Timor, Guinea Bissau,
        Macau, Mozambique, Portugal, & São Tomé and Príncipe.
        • Goa was a colony of Portuguese until December 19, 1961. Even today, the elderly and
        educated populations speak Portuguese.
4. Government of India has accorded ‘In-Principle’ approval for setting up of 21 Greenfield Airports.
• Out of these, 9 Greenfield airports Durgapur, Shirdi, Kannur, Pakyong, Kalaburagi, Orvakal (Kurnool), Sindhudurg,
   Kushinagar and Donyi Polo, Itanagar have been operationalized.
   State News
1. West Bengal’s Acharya Jagadish Chandra Bose Indian Botanic Garden – India’s largest botanical garden – is
   currently under threat because of severe land erosion by Ganga river.
• It is situated in Shibpur, Howrah near Kolkata.
2. Kerala CM M.K. Stalin has inaugurated the Sanitation Workers’ Development Scheme to protect the welfare of
   conservancy workers in the State.
3. Three medicinal plant species (Meizotropis pellita, Fritillaria cirrhosa, Dactylorhiza hatagirea) found in the Himalayas
   have been added to the IUCN Red List of Threatened Species.
• Meizotropis pellita: commonly known as Patwa; endemic to Uttarakhand; classified as ‘critically endangered’ due to
   limited area of occupancy (less than 10 sq. km)
• Fritillaria cirrhosa: commonly known as Himalayan fritillary; classified as ‘vulnerable’ by IUCN
• Dactylorhiza hatagirea: commonly known as Salampanja; endemic to the Hindu Kush and Himalayan ranges of
   Afghanistan, Bhutan, China, India, Nepal, and Pakistan; classified as ‘endangered’ by IUCN
   Defence News
1. INS Kochi, Kavaratti and Sumedha arrived in Cox’s Bazar, Bangladesh to participate in the maiden International
   Fleet Review (IFR) being conducted by the Bangladesh Navy.
• IFR-22 is conducted by Bangladesh to commemorate the Birth Centenary of the Father of the Nation, Bangabandhu
   Sheikh Mujibur Rahman and to celebrate the Golden Jubilee of the Independence of Bangladesh.
• Bangladesh PM Sheikh Hasina was the Chief Guest at the IFR.
• INS Kochi is a part of the Indian Navy’s Western Fleet based at Mumbai, whilst INS Kavaratti and INS Sumedha form
   part of the Eastern Fleet based at Visakhapatnam.
2. 7th edition of Exercise Sangam, a joint Naval Special Forces exercise between Indian Navy MARCOs and US Navy
   SEALs, was organized in Goa.
• Exercise Sangam was first conducted in 1994.
• MARCOS are the marine commandos and United States Navy Sea, Air, and Land (SEAL) Teams, commonly known as
   Navy SEALs, are the U.S. Navy’s primary special operations force.
   International News
1. Japan has announced to develop Mitsubishi F-X fighter jet, its next-generation fighter jet, in collaboration with
   the United Kingdom and Italy.
• The Mitsubishi F-X fighter jet will replace the aging fleet of F-2s that Japan previously developed with the United
   States.
• These countries will also collaborate for developing the next-generation planes – the F-X and Britain’s Tempest, a
   successor to the Eurofighter Typhoon – by 2035.
        Knowledge Nuggets –
        • Japan capital – Tokyo; currency – Yen; Japanese name of the country – Nippon; Popular as – The Land of the
        Rising Sun
        • Japanese Yen is a part of the Special Drawing Rights basket of International Monetary Fund, along with US
        Dollar, Chinese Renminbi, British Pound Sterling, and Euro.
        • Japan is an archipelago of 4000 small islands.
        • Main islands of Japan are Hokkaido, Honshu, Kyushu, Shikoku, and Okinawa.
        • Japan’s Hiroshima city is located on the Honshu island and Nagasaki is located on Kyushu island.
        • Kyoto City on Honshu island is the ‘Cultural Capital of Japan’.
        • Osaka city on Honshu island is called the ‘Manchester city of Japan’.
        • Japan’s highest civilian honours (descending order) –
        o Order of the Chrysanthemum
        o Order of the Rising Sun
       • NIIT Ltd (National Institute of Information Technology) is an Indian multinational skills and
       talent development corporation headquartered in Gurgaon, India.
       • The company was set up in 1981 to help the IT industry overcome its human resource
       challenges.
5. ASK Capital has received approval from the Central Bank of Ireland to launch an India-based fund — ASK Indian
   Entrepreneur Fund — through the UCITS (Undertakings for Collective Investment in Transferable Securities) route.
• ASK is the fourth asset or wealth management firm in India to receive approval for an UCITS (Undertakings for
   Collective Investment in Transferable Securities) fund.
• UCITS is a regulatory framework of the European Commission for management and sale of mutual funds. This label
   serves as a stamp of quality and reliability for overseas investors.
6. Paisabazaar and RBL Bank has launched a new co-created credit card ‘Duet’.
• The card offers two credit offerings–cashback on purchases made through the card and a line-of-credit from RBL
   bank that enables instant transfer of money into the bank account.
• All online and offline purchases done through the card will earn the cardholder a flat 1% cashback.
• There is no upper limit on the cashback earned but no cashback is offered on wallet loading, EMI transactions, fuel
   purchase and rent payment done through the card. The card carries no joining fee or annual fee.
7. Private sector IndusInd Bank have partnered with SV Credit Line (NBFC) for a co-lending agreement for Rs 500 crore
   loan exclusively to women borrowers.
• The agreement will help rural women access to affordable loans.
• This NBFC only lends to women customers.
   Appointments
1. Indian-origin Sushmita Shukla, a veteran of the insurance industry, has been appointed as the First Vice
   President and Chief Operating Officer at the Federal Reserve Bank of New York.
2. Bangladesh’s PM Sheikh Hasina has been named ‘global ambassador for diabetes’ by the International Diabetes
   Federation at the World Diabetes Congress 2022 in Portugal.
       Knowledge Nuggets -
   13dec****************************************************************************************
   National News
1. Central government has selected a total of 67 entries with an investment potential of Rs 42,500 crore under
   the production linked incentive (PLI) scheme for specialty steel.
• The Union Cabinet in July 2021 approved a Rs 6,322-crore PLI scheme to boost the production of speciality steel in
   India.
2. Union Government has sought Parliament’s nod for additional spending of ₹4.36 trillion for FY23, including over ₹1
   trillion for fertilizer subsidy.
• The first batch of supplementary demands for grants tabled in Lok Sabha by the minister of state for finance Pankaj
   Chaudhary also sought approval for additional expenditure of ₹80,348 crores towards food subsidy and additional
   allocation under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).
• The supplementary demand is an additional grant required to meet the required expenditure of the government
   over and above the amount for which the parliamentary nod was taken earlier.
3. The University Grants Commission (UGC) announced that the Four-Year Under-Graduate Programme (FYUP) will be
   adopted in higher education institutions from 2023-24 academic session.
• The FYUP will split the four-year UG degree into parts and provide different entry and exit options to students.
4. The G20 Development Working Group (DWG) meeting will be held in Mumbai under Indian presidency between
   December 13-16.
• The group will discuss developmental issues in developing countries, least developed countries, and island
   countries.
• 1st G20 Finance & Central Bank Deputies Meeting will be held in Bengaluru.
5. National Health Authority (NHA) has announced to set up a health exchange platform to digitize and simplify the
   process of filing health insurance claims.
• Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) will be the first insurance scheme in the
   world to implement this digital solution.
• The platform will be rolled out in Haryana, followed by a pan-India launch.
• NHA has recently signed an MoU with the Ministry of Social Justice and Empowerment to expand healthcare
   services to the transgender population.
6. Union Ministry of Health & Family Welfare is organizing a two-days conclave commemorating the “Universal
   Coverage Day (UHC) 2022” on 10th and 11th December 2022 at Varanasi, Uttar Pradesh.
• December 12 – International Universal Health Coverage Day; Theme – Build the world we want: A healthy future for
   all
7. Indian Institute of Science (IISc) inaugurated India’s first 3D bioprinting Center of Excellence (CoE) for providing
   researchers tools to advance discoveries in tissue engineering, regenerative medicine and drug discovery.
• The Centre is established at the Centre for BioSystems Science and Engineering (BSSE) at IISc.
• The CoE will help researchers to accelerate their work across critical applications.
8. ISRO has launched the test flight of hypersonic vehicles with headquarters of the Integrated Defense Staff
• Any aircraft, missile, or spacecraft that can exceed Mach 5 (five times the speed of sound) is considered a hypersonic
   vehicle.
• ISRO has also successfully tested the Hot Test of Scramjet Engine at ISRO’s Propulsion Research
   Complex at Mahendragiri in Tirunelveli district of Tamil Nadu.
• The scramjet is a more advanced version of the ramjet engine and can operate efficiently at hypersonic speeds.
• India is the fourth country to demonstrate the flight testing of a Scramjet Engine.
9. National Commission for Protection of Child Rights (NCPCR) has launched GHAR – GO Home and Re-Unite (Portal
   for Restoration and Repatriation of Child) to digitally monitor and track the restoration and repatriation of children.
• The portal will allow digital tracking and monitoring of children who are in the Juvenile Justice system and have to be
   repatriated to another country, state or district.
• It will help to digital transfer of cases of children to the concerned Juvenile Justice Board/Child Welfare Committee
   of the State. It will help in the speedy repatriation of children.
        Knowledge Nuggets –
        • National Commission for Protection of Child Rights (NCPCR was established in March 2007
        under the Commission for Protection of Child Rights Act of 2005.
        • Chairperson - Priyank Kanoongo
1. Kerala Chief Minister Pinarayi Vijayan has declared a seed
   farm, located in Aluva, as the first carbon-neutral farm in the
   country.
• As many as 30% of greenhouse gas emissions come from
   agriculture and this can be prevented and climate change can
   be regulated through carbon-neutral agricultural practices.
2. PM Narendra Modi has inaugurated the first phase of
   the greenfield international airport at Mopa in North Goa.
   International News
1. The 17th Asia-Pacific Regional Meeting (APRM) of the International Labour Organization was organized
   in Singapore.
• Singapore Declaration for Labour Protection was adopted at the meeting. It was a tripartite declaration which aims
   to address the challenges with the participation of all stakeholders (government, employers, and workers).
• The Declaration focuses on reducing inequalities. It has suggested ways to reduce inequalities.
• Develop inclusive labour market programmes and policies.
• Implement collective and determined efforts to accelerate a smooth transition from the informal to formal
   economy.
• Facilitate the transition to peace, security and decent work in situations of crisis.
• Recognise the impact of climate change and develop national plans that help build environmentally sustainable
   economies and societies.
• Frame policies to regulate labour migration to coordinate labour mobility and social protection and harness
   opportunities arising from labour migration
2. Japan has launched its first lunar mission on the Falcon-9 rocket of SpaceX from Cape Canaveral in the US state of
   Florida.
• The spacecraft has been developed by Tokyo-based startup It is expected to land on moon’s surface in 2023.
• The ispace mission is the first of a program called Hakuto-R, which means “white rabbit” in Japanese.
• UAE has also launched a rover, named Rashid, along with ispace’s mission. If it successfully lands, it will be the Arab
   World’s First Moon Mission.
   Reports and Indices
1. The 5th edition of the WHO Global Antimicrobial Resistance and Use Surveillance System (GLASS) has been
   released.
• It was first launched in 2015 to foster AMR surveillance and inform strategies to contain AMR.
   Banking and Economy
1. cording to Commerce and Industry Minister Piyush Goyal’s reply in the Parliament, the trade
   deficit between India and China touched USD 51.5 billion during April-October 2022.
• Imports during the period stood at USD 60.3 billion, while exports aggregated at USD 8.8 billion.
2. RBI has shortlisted seven global consultancy firms to use artificial intelligence and machine learning for supervisory
   functions.
• These firms are Accenture Solutions Private Limited; Boston Consulting Group (India) Pvt Ltd; Deloitte Touche
   Tohmatsu India LLP; Ernst and Young LLP; KPMG Assurance and Consulting Services LLP; McKinsey and Company;
   and Pricewaterhouse Coopers Pvt Ltd.
3. Hurun Global 500 list has been released for the year 2022.
• India is ranked at the 5th position with 20 firms on the list. The most valuable companies in India are Reliance
   Industry (1st), Tata Consultancy Services (2nd), and HDFC Bank (3rd).
6. Tamilnad Mercantile Bank and Bajaj Allianz Life Insurance have partnered to offer Bajaj Allianz Life’s retail products
   to the new and existing customers of the bank.
7. PNB Housing Finance launched Roshni, a low-cost home loan programme, with a range of Rs. 5 lakhs to Rs. 30
   lakhs, for Tier I and II cities.
   GDP Forecasts
1. Nomura has forecasted India’s GDP growth rate at 5.1% for 2023-24.
•    Nomura expects India’s headline retail inflation to ease from 6.8% in 2022-23 to 5% in 2023-24 and 4.9% in 2024-
     25.
•    Consumer Price Index (CPI) inflation forecast was 6.7% for FY23.
     Appointments
1.   Bhupendra Patel (from BJP) has been appointed as the Chief Minister of Gujarat.
•    Gujarat Governor – Acharya Devvrat
2.   Sukhvinder Singh Sukhu (from Congress) has been appointed as the Chief Minister of Himachal Pradesh.
     Important Days
1.   December 10 – UN Human Rights Day; Theme – Dignity, Freedom, and Justice for All
•    UNESCO runs ‘Orange the World Campaign’ from November 25 (International Day for the Elimination of Violence
     against Women) to December 10.
     Awards
1.   Sony Entertainment Television has become the official satellite partner of the Dadasaheb Phalke International Film
     Festival Awards 2023.
2.   Meghalaya govt has won the Best Practice in Advocacy, Communication and Social Mobilisation in Tuberculosis
     control award at the National Workshop on ACSM to end TB in New Delhi, India.
•    A National Strategic Plan for TB Elimination (2017-25) was launched to achieve the target of eliminating
     TB by 2025.
•    The TB Mukt Bharat campaign, or ‘Jan Andolan’, was launched to build greater awareness, remove the stigma, and
     generate demand for services across the state.
     Sports
1.   Denmark-based Viktor Axelsen (Men’s badminton world No 1) has won men’s singles at the BWF World Tour
     Finals in Bangkok, Thailand.
•    Akane Yamaguchi of Japan won the women’s singles.
2.   Akhil Rabindra won the Drivers’ Championship in the inaugural Indian Racing League at the Hyderabad Street
     Circuit.
3.   Indian batter Ishan Kishan has become the fastest double centurion in one-day international.
14dec**********************************************************************************
1. Prime Minister Narendra Modi will virtually participate in a programme commemorating Sri Aurobindo’s 150th
   birth anniversary.
• Sri Aurobindo, born on 15th August 1872, was a visionary who made lasting contributions to India’s freedom
   struggle. He died on 5 December 1950.
2. External Affairs Minister S. Jaishankar will inaugurate the India Global Forum UAE 2022 in Dubai.
   State News
1. Prime Minister Narendra Modi inaugurated the 520-km-long phase-1 of the Nagpur-Mumbai Samruddhi
   Mahamarg in Maharashtra.
• The stretch, which connects Nagpur and Shirdi, will be opened.
• The longest operational expressway in the country, Samruddhi Mahamarg is expected to reduce travel time
   between Nagpur and Mumbai from 16 hours to eight hours.
• In total, PM launched 11 projects worth Rs 75,000 crores in Nagpur.
• The state-of-the-art facilities at AIIMS Nagpur was launched.
Knowledge Nuggets –
Category Winner
Knowledge Nuggets –
15dec****************************************************************************************
   National News
1. Union Minister for Tourism, Culture, and Development of the North Eastern Region (DoNER) Shri G Kishan Reddy has
   launched various projects under Swadesh Darshan scheme.
• The projects included renovation of various temples.
• The union minister also inaugurated Puducherry Shopping
   Festival 2022 logo.
   Defence News
1. 6th edition of Indo – Kazakhstan joint army training exercise “KAZIND-22” is being conducted at Umroi
   (Meghalaya) from 15 to 28 December 2022.
• The joint annual training exercise with the Kazakhstan Army was instituted in 2016 as Exercise Prabal Dostyk, which
   was later upgraded to a company-level exercise and renamed the Ex Kazind in 2018.
   Memorandum of Understanding
1. MTAR Technologies has signed an MOU with IN-SPACe India for design and development of a two-stage to low-earth
   orbit all-liquid small satellite launch vehicle.
        Knowledge Nuggets -
Knowledge Nuggets –
        • All India Institute of Ayurveda is an autonomous institution under the Ministry of AYUSH. It is set up along the
        lines of AIIMS as an apex institution under the Ministry.
        • AIIA will bring synergy between the traditional wisdom of Ayurveda and modern diagnostic tools and
        technology.
        • The AIIA was established in 2017 in Delhi
   International News
2. European Union has given Bosnia a Candidate status.
        Knowledge Nuggets -
        • In 2018, WHO launched the High Burden to High Impact countries to tackle the problem of
        malaria in 11 countries.
        • These countries are Burkina, Cameroon, DRC, Ghana, Mali, India, Mozambique, Niger,
        Nigeria, Uganda, and Tanzania.
        • Approximately 70% of the world’s malaria burden is concentrated in just 11 countries.
        • Global Technical Strategy for Malaria 2016–2030 (GTS) aims at reducing malaria cases and
        deaths by at least 40% by 2020, at least 75% by 2025 and at least 90% by 2030.
2. According to The Wheebox India Skills 2023 Report, the employability of Indians has increased.
• 50.3% of Indians were found to be employable as compared to the 46.2% last year.
• Parameters – Wheebox’s national employability test (for freshers) and India hiring intent survey (for companies)
• Among cities, Mumbai has the highest overall employment percentage of candidates, followed
   by Lucknow and Mangalore.
• The report found women to be more employable at 52.8%, as compared to men at 47.2%.
• Currently, the share of women in India’s workforce – at 33% – is much less than that of males at 67%.
• On the other hand, countries in South America, Asia, and Africa have a women’s workforce participation rate of 36%.
• Rajasthan has the most percentage of employable females at 53.5%, followed by Uttar Pradesh at 46.5%.
   Banking and Economy
1. GODI India, the first Indian company to get BIS certification to sell lithium-ion cells made with homegrown
   technology, has started manufacturing India’s first ever 5.2 Ah 21700 cylindrical lithium-ion cells.
• The cells have an energy density of 275 Wh/kg based on silicon anode technology.
2. Rail Vikas Nigam Ltd has formed a joint venture company with Kyrgyzindustry – Open Joint Stock Company to
   construct rail road and other infrastructure projects in Kyrgyz Republic.
• RVNL is a Category-I MiniRatna CPSE under the Ministry of Railways.
• Kyrgyzindustry-RVNL is a closed joint stock company.
3. Universal Sompo General Insurance has partnered with Zopper, an insurance infrastructure API platform, to roll out
   a special integrated offering for customers.
• Through this partnership, customers will have access to buy insurance seamlessly along with an option to purchase a
   protection plan.
4. Canara HSBC Life Insurance has launched the “Guaranteed Fortune Plan”, a non-linked, non-participating individual
   savings life insurance plan.
• It has two options – guaranteed savings option and guaranteed cash back option.
5. Central government has received an amount of Rs 60.46 crore in tax from entities for transactions in virtual digital
   assets (VDAs), including cryptocurrencies, since the introduction of TDS Provisions in July 2022.
• The government imposed a 30% income tax plus surcharge and cess on transfer of crypto assets like bitcoin,
   Ethereum, Dogecoin with effect from April 1, 2022.
• In addition to this, a 1% tax deducted at source (PDS) was levied under section 194S of the Income Tax, 1961 on
   crypto payments of over 10,000 with effect from July 1, 2022.
6. According to Finance Minister Nirmala Sitaraman, banks have written off bad loans worth over ₹10 lakh crore during
   the last five financial years.
   Appointments
1. World Health Organization (WHO) has appointed Dr Jeremy Farrar as its new chief scientist.
2. Shri Shaji K V has been appointed as the Chairman of NABARD.
   Awards
1. World Gastroenterology Organisation (WGO) has presented the 2022 Masters of the WGO award to Chennai-based
   gastroenterologist R. Palaniswamy for his contributions to the field of gastroenterology.
• Palaniswamy received the award at the World Congress of Gastroenterology being held in Dubai.
Knowledge Nuggets –
Category Winner
        Best Current Affairs                   Ganga River From the Skies National Geographic
        Programme or Series                    India
16dec*****************************************************************************************
     National News
1.   India has offered to set up a permanent secretariat for the No Money for Terror Ministerial Conference in the
     country.
•    India hosted the third Ministerial Level Conference on Counter-Terrorism Financing last month.
2.   Central government has approved a revival package of Rs 1,64,000 crore for revival of BSNL.
•    BSNL is going to implement indigenously developed 4G and 5G technology.
•    The reasons for losses of BSNL are high employee cost over the years, debt burden, stiff competition in the market
     and lack of 4G services (except on a limited basis in certain areas).
3.   India has successfully conducted night trials of the nuclear-capable ballistic missile named Agni V, capable of striking
     targets at ranges up to 5,000 km with a very high degree of accuracy.
•    The missile test firing was conducted from APJ Abdul Kalam Island off the Odisha coast.
4.   Law Minister Kiren Rijiju informed the Rajya Sabha that states are empowered to enact personal laws that decide
     issues such as succession, marriage and divorce, in their endeavour to secure a uniform civil code (UCC).
•    Article 44 of the Constitution provides that the State shall endeavour to secure for the citizens a uniform civil code
     throughout the territory of India.
5.   Union Minister of Civil Aviation and Steel, Shri Jyotiraditya M. Scindia inaugurated a direct
     flight between Mumbai and San Francisco.
•    Air India will operate the non-stop flight on this route effective from 15th December 2022.
6.   Indian Space Research Organisation (ISRO) has proposed the ‘Bharat Krishi Satellite Programme’ for using satellites
     in agriculture.
•    The satellites will be owned by the Ministry of Agriculture and Farmer Welfare and not by ISRO. The ISRO will just
     provide the technical support.
•    An ‘Earth Observation Council’ will be created for addressing the current deficiencies in earth observation
     capabilities and data utilisation.
     State News
1.   The 20th edition of the Chennai International Film Festival was inaugurated in the city.
•    At the festival, 102 films from 51 countries will be screened.
2.   Uttarakhand State Disaster Management Authority (USDMA) and Indian Meteorological Department (IMD) signed
     an MOU to “strengthen and densify the weather forecasting network in the state.”
•  A committee has been formed to identify places for the installation of radars and other weather forecasting
   equipment.
   Agriculture and Rural
   Development
1. Department of Industry
   Promotion and Internal Trade,
   Ministry of Commerce and
   Industry has issued the GI
   tags to 9 new products, taking
   the number of GI-tagged
   products to 432.
• The products include –
Knowledge Nuggets -
        • GI tags are issued as per the Geographical Indications of Goods (Registration and
        Protection) Act,1999. This tag is issued by the Geographical Indication Registry under the
        Department of Industry Promotion and Internal Trade, Ministry of Commerce and Industry.
        • The top 5 states holding the maximum number of GIs are Karnataka, Tamil Nadu, Uttar
        Pradesh, Karnataka, and Kerala
   Defence News
1. The 16th edition of the Indo-Nepal joint army training Exercise “SURYA KIRAN-XVI” was held at Nepal Army Battle
   School, Saljhandi.
2. All 36 Rafale aircrafts have arrived in India from France.
• India and France had signed the inter-government agreement in 2016, under which Paris agreed to provide 36 Rafale
   fighter jets at a cost of around Rs 60,000 crore to India.
• The first batch of five Rafale jets arrived on 29th July 2020.
3. Kalyani Rafael Advanced Systems Pvt Ltd (KRAS), which is a 51:49 joint venture between Pune-based Kalyani Group
   and Israel’s Rafael group, has rolled out its 100th medium range surface to air missile (MRSAM) kit for delivery to the
   Indian armed forces.
   Memorandum of Understanding
1. The Federation of Indian Export Organisations (FIEO) has signed an MOU with Shiprocket to support micro, small and
   medium enterprise (MSME) exporters in India showcasing their products on the Indian Business Portal (IBP).
   International News
1. G7 countries, along with Norway and Denmark, has approved $15.5 billion to Vietnam to help the Southeast Asian
   nation move faster from coal power to renewable energy.
• Vietnam aims to reduce its emissions to “net zero” by 2050.
• Vietnam has initiated the Just Energy Transition Partnership to mobilise $15.5 billion of public and private finance to
   support Vietnam to achieve its ambitious Net Zero 2050 goal.
2. In the United States, wildlife officials declared a Nevada wildflower
• The wildflower is the only place it’s known to exist.
   Reports and Indices
1. World Bank has released the “Striving for Clean Air: Air Pollution and Public Health in South Asia” report.
• South Asia is home to 9 of the world’s 10 cities with the worst air pollution, which causes an estimated 2 million
   premature deaths across the region each year and incurs significant economic costs.
   Banking and Economy
1. Redseer Strategy Consultants in their latest report stated that India currently has around 350 million online
   transacting users across e-commerce, shopping, travel and hospitality, and OTT and the number is set to double by
   2030.
• At 780 million, India is home to the second-largest Internet user base in the world, which is more than 2 times of the
   US population.
• With the accelerated growth of Internet and smartphone adoption, India is expected to surpass 1 billion Internet
   users by 2030.
•    Gaming has almost 450 million users in 2022, and the market will see a 33% rise in paid gamers by 2026.
2.   Ministry of Heavy Industries has allocated Rs 1000 crores under the phase-II of FAME-India Scheme for the
     development of charging infrastructure.
•    The Ministry has sanctioned 2,877 electric vehicle charging stations in 68 cities across 25 states/UTs.
3.   Reliance Consumer Products — the fast-moving consumer goods (FMCG) arm and a fully owned subsidiary
     of Reliance Retail Ventures (RRVL) — launched its consumer-packaged goods brand – ‘Independence’, in Gujarat.
4.   Tamilnad Mercantile Bank has partnered with Kotak Mahindra General Insurance company to sell its general
     insurance products to customers.
     GDP Forecasts
     Appointments
1.   American executive Cindy Hook has been appointed as the inaugural CEO of the organising committee for the 2032
     Olympic and Paralympic Games in Brisbane.
     Important Days
1.   December 14 – National Energy Conservation Day
2.   December 16 – Vijay Diwas (to honour the victory of Indian armed forces over Pakistan in the 1971 war)
     Awards
1.   Jindal Steel and Power (JSP) has been honoured with FICCI CSR Special Commendation Award for its efforts to
     counter the COVID-19 pandemic.
•    JSP launched a special initiative, ‘Mission Zero Hunger’ in three states, Odisha, Chhattisgarh, and Jharkhand, to feed
     truck drivers, stranded migrant labourers, and the poor.
•    This initiative was later extended to Delhi, Uttar Pradesh, and Maharashtra, delivering more than 2 million meals.
•    NTPC Ltd. has been conferred with the prestigious FICCI Special Jury Commendation Awards in the category-
     Environmental Sustainability for the project – Revival & Operation of Municipal Solid Waste plant at Karsada,
     Varanasi.
2.   SpiceJet has won the ‘Safety Performer of the Year’ award at the annual GMR Delhi Airport Awards for being the top
     performer among the self-handling airlines, besides for “its success in reducing ground safety violations”.
     Sports
1.   Praggnanandhaa has won the $10,000 Julius Baer Challenger Championship in Tel Aviv.
2.   Rafael Nadal was crowned the ITF world champion for the fifth time.
•    Top-ranked Iga Swiatek won the ITF’s women’s award.
•    In the men’s doubles category, American Rajeev Ram and Briton Joe Salisbury won the award for the first time.
3.   Kabaddi World Cup will be held in the West Midlands region of the United Kingdom in
•    The Kabaddi World Cup 2025 will be hosted out of Asia for the first time announced by the World Kabbadi
     Federation (WKF).
     17-19dec*************************************************************************
     National News
     WHO’s Global Centre for Traditional Medicines in Jamnagar, Gujarat is the first and only global centre for
     traditional medicines and it will soon emerge as the Centre of Global Wellness.
•    AYUSH Minister Sabarnanda Sonowal made this announcement.
3.   India and Finland have signed a joint declaration of Intent on migration and mobility to arrive at a mutually
     beneficial arrangement on migration and mobility between the two countries.
•    This will facilitate mobility of students, academics, researchers, business people, and professionals and to combat
     irregular migration.
•    India has signed similar agreements with many countries.
         Knowledge Nuggets -
       • Google launched the Appscale Academy program in October 2021 to train early to mid-
       stage startups across India on building high-quality apps for the world.
       • For this, Google has partnered with the Ministry of Electronics and IT’s Startup Hub.
       • The Appscale Academy will help local startups across gaming, healthcare, financial
       technology, education technology and social impact domains.
       • 100 startups will be selected in the program every year.
       • The program will have a special focus to the emerging startup ecosystem in Tier II and Tier
       III cities of India.
6. Sri Lankans can now hold $10,000 worth of the Indian rupee in a physical form, though the INR would not be legal
   tender in Sri Lanka after India approved a Sri Lankan request to designate the INR as the foreign currency.
• Sri Lankan residents will now be able to convert the INR into another currency and to enable this, Sri Lankan banks
   must sign an agreement with an Indian bank to open “INR Nostro accounts” which means the accounts that banks
   hold in a foreign currency in another bank.
• India has also allowed offshore banking units (OBU) of Lankan banks to accept savings, time and demand deposits
   from non-residents.
7. Ministry of Tribal Affairs implemented a dedicated Centrally Sponsored Scheme (CSS) “Scheme of Development of
   Particularly Vulnerable Tribal Groups”.
• The scheme aims at planning for the socio-economic development of the PVTGs tribal communities in a
   comprehensive manner while retaining their culture and heritage by adopting a habitat development approach to fill
   in the critical gaps in development.
• The scheme aims to fill the gap in education, housing, livelihood, drinking water, agricultural development, roads,
   health, installation of non-conventional sources of energy, conservation of culture and traditional practices, etc.
• The projects/activities taken up under this scheme are demand-driven in nature.
8. Indian Renewable Energy Development Agency (IREDA) has signed a loan agreement with SJVN Green Energy for
   financing over ₹4,000 crore for 1,000 MW solar power project at Bikaner, Rajasthan.
       Knowledge Nuggets-
        • The scheme was notified on January 1, 2021, and replaced the controversial Merchandise Exports from India
        Scheme (MEIS) after a World Trade Organisation (WTO) ruling said it violated the provisions of the global trade
        body by giving export subsidies for a wide range of goods.
        • Objectives of RoDTEP -
        o To boost exports by reducing duties on exports & to provide easy refund of various taxes to exporters.
        o To provide the automatic refund route for Input tax credit (ITC).
        o To help exporters in meeting international exports standards.
10. The 5th edition of Youth Co:Lab, Asia Pacific’s largest youth innovation movement, was jointly launched by Atal
    Innovation Mission (AIM), NITI Aayog and UNDP India.
• Youth Co: Lab is an initiative launched in 2019 by UNDP India in partnership with Atal Innovation Mission, NITI
    Aayog.
• It aims to establish a common agenda for Asia-Pacific countries to invest in and empower youth to accelerate the
    implementation of the Sustainable Development Goals (SDGs) through leadership, social innovation, and
    entrepreneurship.
• The Youth Co: Lab initiative, till date, has been implemented in 28 countries and territories.
• The 5 focus thematic areas for Youth Co: lab 2022-23 are
• Digital and Financial Literacy for Youth
• Gender Equality and Women Economic Empowerment
• Developing FinTech Solutions focused on Biodiversity Conservation
• Promoting Biodiversity-friendly Lifestyles through Technological Solutions in Finance
• Accelerating Circular Economy through Upcycling Innovations
• Behavioural Nudges for LiFE (Lifestyle for Environment)
Knowledge Nuggets –
        • Youth Co: Lab was launched in 2017 by UNDP and the Citi Foundation.
        • It is a multi-dimensional and multi-level response to tackle the challenges young people
        face by positioning youth at the forefront in finding solutions to global challenges tackling
        Sustainable Development Goals (SDGs).
   State News
1. Assam Chief Minister Himanta Biswa Sarma has launched Orunodoi 2.0, one of the largest DBT schemes in the
   country.
• Orunodoi 2.0 aims to empower women of economically vulnerable families, aged men, specially-abled citizens and
   those belonging to the third gender with a minimum monthly cash flow.
• The scheme commits a monthly transfer of Rs 1,250 to more than 27 lakh beneficiaries, which is directly transferred
   to their bank accounts on the 10th day of every month for procuring medicines, pulses, and sugar.
• This scheme will cost over Rs 4,000 crore to govt.
2. Meghalaya Chief Minister Conrad K Sangma has inaugurated the Football Stadium at PA Sangma Sports Complex in
   Tura.
3. Tamil Nadu chief minister M K Stalin has launched the “Friends of Library” scheme to promote reading by
   delivering books to people who are unable to visit state-run libraries.
• Tamil Nadu has also launched a sanitary workers’ development scheme to focus on the holistic development of
   sanitation workers and their family members with the help of urban local bodies.
• Under the scheme, safety kits like gloves and boots will be distributed to 53,301 sanitary workers in the state.
• The state launched a mobile application called SHWAS (Sanitation Workers Health Welfare and Safety).
• Tamil Nadu is the 2nd state in India, after Odisha, to implement such a scheme and mobile application for sanitation
   workers.
   Agriculture and Rural Development
1. ICAR-Indian Agriculture Research Institute developed a drought-tolerant variety of Chickpea named ‘Pusa JG 16’.
• Collaborators – Jawaharlal Nehru Krishi Vishwa Vidyalaya (JNKVV) Jabalpur, Rajmata Vijayaraje Scindia Krishi Vishwa
   Vidyalaya, Gwalior and ICRISAT, Patancheru, Hyderabad
• The variety will enhance productivity in the drought-prone areas of Central Zone consisting of Madhya Pradesh,
   Bundelkhand area of Uttar Pradesh, Chhattisgarh, Southern Rajasthan, Maharashtra and Gujarat, where terminal
   drought is a major problem and sometimes leads to 50-100% loss of yield.
   Defence News
1. Indian Air Force (IAF) will conduct an exercise in the Eastern Sector of the country.
• As per sources, this will be a command-level exercise planned by the eastern command to test the capabilities of IAF
   on the China front.
• Air bases in Assam’s Tezpur, Chhabua, Jorhat and West Bengal’s Hashimara are likely to be activated in the
   exercise. Hasimara air base is home to the Rafale fighter jets.
   Memorandum of Understanding
1. Ministry of Agriculture and Farmer Welfare and the Department of Space have signed an MOU to develop a Krishi-
   Decision Support System (Krishi-DSS) using satellite data.
• Krishi-DSS is being developed on the lines of Gati Shakti, using RISAT-1A and VEDAS of the Department of Space.
• RISAT-1A data will be extremely useful in developing decision support systems for agriculture, bioresources,
   environment, water resources and disaster management.
• The system will also integrate the MOSDAC and BHUVAN (Geo-platform) of ISRO and systems of ICAR.
Knowledge Nuggets -
        • RISAT-1A is India’s first Radar Imaging Satellite, which was launched on 14th February 2022. RISAT-1A is an all-
        weather satellite and can penetrate deep into vegetation. It can take high-resolution geospatial images
        regardless of lighting conditions.
        • The Meteorological & Oceanographic Satellite Data Archival Centre (MOSDAC) is a Data Centre of the Space
        Applications Centre (SAC) and has a facility for satellite data reception, processing, analysis and dissemination.
        o MOSDAC is operationally supplying earth observation data from Indian meteorology and oceanography
        satellites, to cater to national and international research requirements.
        • BHUVAN is a type of web portal used to find and access geographic information (geospatial information) and
        associated geographic services (display, editing, analysis, etc.) via the Internet.
2. Cotton Textiles Export Promotion Council – Texprocil and the Cotton Corporation of India (CCI) has signed
   an MoU for branding and traceability of Indian-grown Kasturi Cotton during the two-day Textile Conclave in
   Varanasi, UP.
• The Textile Conclave coincided with the Kashi Tamil Samagam event in Varanasi.
• Union Minister for Textiles, Commerce and Industry, Consumer Affairs, Food and Public Distribution, Piyush Goyal
   has entrusted Texprocil with the responsibility of being the implementing agency for branding the premium Indian
   cotton Kasturi.
Knowledge Nuggets -
        • United Nations Conference on Trade and Development (UNCTAD) was established in 1964
        in Geneva, Switzerland.
        • UNCTAD’s Secretary-general – Rebeca Grynspan of Costa Rica (first woman and Central
        American).
2. NASA astronauts Josh Cassada and Frank Rubio successfully installed Roll-Out Solar Array on the starboard truss
   structure of the space station.
3. The 54-member UN Economic and Social Council (ECOSOC) adopted a resolution to remove Iran from
   the Commission on the Status of Women (CSW) for the remainder of its four-year term ending in 2026.
        Knowledge Nuggets -
2. International Energy Agency has released the “Coal 2022: Analysis and forecast to 2025”
• By 2025, India’s coal production would exceed 1 billion tonnes.
• Coal markets have been shaken severely in 2022, with traditional trade flows disrupted, prices soaring and demand
   set to grow by 1.2%, reaching an all-time high and surpassing 8 billion tonnes for the first time.
   Banking and Economy
1. HDFC Bank has announced to acquire 7.75% stake in fintech startup Mintoak Innovations for Rs 31.14 crore in cash.
2. Central Board of Direct Taxes (CBDT) has given partial relief to non-resident taxpayers by exempting them from
   mandatory electronic filing of Form 10F until March 2023.
• Filing this form is required to claim the benefits of tax treaty.
• The Form 10F is signed physically by non-resident taxpayers and furnished along with the tax residency certificate to
   resident payers for the purpose of determining withholding tax implications.
3. Maruti Suzuki India has showcased the Wagon R Flex Fuel prototype model in Delhi.
• It is India’s first mass-segment flex-fuel car, which is designed to run on any ethanol-petrol blend between 20%
   ethanol and 85% petrol.
4. Microsoft has partnered with global communications company Viasat to deliver satellite internet access to 10
   million people across the world by 2025.
• Viasat is the first satellite partner to work with Microsoft’s Airband Initiative.
• The companies will provide and pilot technologies including, satellites (both geostationary orbit and low earth orbit)
   and fixed wireless.
• These companies will combine their expertise and assets to help enable telehealth, distance learning and education,
   precision agriculture, clean power and other services to reach new areas through the transformational provision of
   power and connectivity.
5. Indian Energy Exchange (IEX) became India’s first carbon-neutral power exchange.
• The IEX will use market-based tradable instruments to offset its carbon emissions.
• EKI Energy, India’s leading pre-eminent global service provider in the sphere of Energy, Carbon Credit & Quality
   Management, was the sustainability partner by providing advisory & consultancy services in this climate action
   exercise.
6. Tata AIA Life Insurance has launched the Emerging Opportunities Fund.
• The new fund will invest in mid-cap companies and emerging market leaders with the potential to generate
   significant future growth for its investors.
7. Reliance General Insurance Company Ltd. (RGICL) launched a premium health insurance product – Reliance Health
   Infinity Policy that claims to offer limitless benefits.
• This first-of-its-kind policy comes loaded with high-sum insured up to ₹5 crore that includes features like more
   Global cover, maternity cover, OPD cover, unlimited restoration of sum insured, and 15 plus useful add-on benefits.
8. SIDBI has partnered with M1xchange as the financier to bring liquidity to MSMEs at competitive interest rates.
•   M1xchange offers early liquidity to MSMEs within 24 hours through its online bidding platform through end-to-end
    digital process.
•   M1xchange is a Trade Receivables Discounting System (TReDS).
        Knowledge Nuggets -
        • TReDS is regulated by RBI that enables discounting of bills of Micro, Small & Medium
        Enterprises (MSMEs) resulting in improvement of cash flow and liquidity and overall
        improvement in functioning of MSMEs.
        • There are four TReDS platforms in India, which are Receivables Exchange of India Ltd.,
        M1xchange, C2FO, and Invoicemart.
9. Energy Efficiency Services Limited (EESL) signed an MOU with Energy Conservation Mission of The Institution of
    Engineers (India) to propagate the importance of energy conservation in Telangana.
• EESL and Energy Conservation Mission have partnered with the aim to conduct awareness sessions on ‘Energy
    Conservation’ across 30 schools in the state.
10. Employees State Insurance Corporation has announced to invest up to 15% of its surplus funds into
    equity through exchange traded funds.
• Labour minister Bhupender Yadav is the chairman of ESIC.
Knowledge Nuggets -
        • ESIC is already implementing the Nirman Se Shakti initiative to modernise the infrastructure of ESIC hospitals and
        dispensaries.
        • ESIC and Employee Provident Fund Organization are the two important parts of Ministry of Labour and Employment.
11. HDFC Securities has launched “Roots”, a dedicated platform providing comprehensive investor education and
    market analysis.
• The site offers multiple forms of valuable information, including articles, bite-sized tips, podcasts by experts, video
    tutorials and explainers, and live social media feed on the Indian financial markets.
• The biggest USP of the platform is that it produces content which are being searched on Google by current or
    prospective investors and traders.
    Appointments
1. Rajeev Kumar Vishnoi has taken additional charge of the post of Chairman and Managing Director of NHPC
    Limited.
2. Mette Frederiksen has been re-elected as the Prime Minister of Denmark.
3. Sonakshi Sinha has been named as PETA Person of The Year 2022 after featuring in a campaign against the use of
    animal leather.
    Important Days
1. December 17 – International Day to End Violence Against Sex Workers
    Awards
1. According to the ‘Sixth Bloomberg 50’ report, businessman and philanthropist Gautam Adani has topped the list of
    people whose wealth witnessed the maximum rise globally in 2022.
• He has become the world’s third-richest person behind Bernard Arnault and Elon Musk.
2. London-based Association of Tennis Professionals (men’s tennis organization) has announced ATP Awards 2022.
        Category                                                Winner
        ATP Masters 1000 Tournament of the Year                 BNP Paribas Open (Indian Wells)
   Sports
1. Tata Steel Ltd has signed an MOU with Hockey India to become an Official Partner of the FIH Odisha Hockey Men’s
   World Cup 2023.
•  FIH Men’s World Cup 2023 will take place from January 13 – 29, 2023 in Bhubaneswar and Rourkela in Odisha.
   Miscellaneous
1. “Bravehearts of Bharat: Vignettes from Indian History” book has been authored by historian Vikram Sampath.
     20 dec*******************************************************************************
     National News
1.   The curtain raiser of India’s flagship energy event India Energy Week 2023 (IEW 2023) was organised at Bengaluru,
     Karnataka.
•    Tagline of the event: “Growth, Collaboration, Transition”
•    It is being organised by the Ministry of Petroleum and Natural Gas and supported by the Indian Oil and Federation
     of Indian Petroleum Industry.
•    It will be held from 6-8 February 2023 in Bengaluru during India’s G20 Presidency.
2.   India has launched a ‘Group of Friends’ to promote accountability for crimes against peacekeepers.
•    India, Bangladesh, Egypt, France, Morocco and Nepal are co-chairs of the ‘Group of Friends to Promote
     Accountability for Crimes Against Peacekeepers’ launched during India’s current presidency of the UN Security
     Council.
3.   Panini code — the 2500-year-old grammatical algorithm in Sanskrit — has been cracked by Rishi Rajpopa, an Indian
     PhD student at the University of Cambridge.
•    His thesis is titled as “In Panini, We Trust: Discovering the Algorithm for Rule Conflict Resolution in the Astadhyayi”
•    Panini is a famous Sanskrit scholar, philologist and grammarian.
•    He lived around the 5th century BCE in India and is considered the “first descriptive linguist”. The western scholars
     consider him as the “father of linguists”.
•    The most famous work of Panini is Astadhyayi book, which defines the ancient language of Sanskrit.
4.   President Droupadi Murmu is scheduled to launch an EV yatra portal and a mobile application, developed
     by Bureau of Energy Efficiency (BEE).
•    The mobile application helps to facilitate in-vehicle navigation to the nearest public EV charger, and a website to
     disseminate information on various central and state-level initiatives to promote e-mobility in the country.
•    BEE has also developed a web-portal to enable charging point operators (CPOs) to register their charging details
     securely into the National Online Database.
5.   Lok Sabha has passed the Constitution (Scheduled Tribes) Order (Third Amendment) Bill, 2022 to include
     the Hattee community in the Trans-Giri region of Sirmaur district in Himachal Pradesh in the Scheduled Tribes list
     of the State.
6.   Central Government has announced that all Child Care Institutions have to be compulsorily registered with the
     district authorities and if they fail to do so then they will be asked to shut down.
7.   Union Cabinet has approved the National Geospatial Policy to boost entrepreneurship for the socio-economic
     development of the country.
•    Already, a National Geospatial Policy, 2021 is under implementation in India.
•    Objective – It is a citizen-centric policy that liberalizes the geospatial sector and democratizes the datasets
     generated by the use of public funds.
•    It aims to develop the Geospatial Infrastructures and also seeks to strengthen the national and sub-national
     arrangements for the generation and management of geospatial information.
•    As per the policy, the Geospatial sector in India is growing at 15% per annum, however, it has a potential to grow
     at 25% p.a. and more. It can contribute to the economy to the tune of Rs 1 lakh crore and employ nearly 10 lakh
     people by 2029-2030.
•    Government will constitute at the national level an authority named as the Geospatial Data Promotion and
     Development Committee (GDPDC) who shall be the apex national authority for formulating and implementing
     policies for promoting the geospatia
8.   Union Health Minister, Dr Mansukh Mandaviya has inaugurated ICMR-NARFBR (National Animal Resource Facility
     for Biomedical Research) at Genome Valley, Hyderabad.
•    The facility will help in the study of animals in biomedical research for discovering causes, diagnosis and treatment of
     zoonotic agents and diseases.
•    Director General of ICMR and Secretary of the Department of Health Research – Dr Rajiv Bahl
•    Director of ICMR-NARFBR – Dr Ramchandra S.G.
9. Union Minister for Science & Technology, Dr Jitendra Singh, who is also the Vice President of CSIR (Council of
   Scientific & Industrial Research), launched the “One Week, One Lab” countrywide campaign from 6th January,
   2023.
• Purpose – each and every lab of CSIR will display their innovations one by one every week to the common citizens of
   India
• There are a total of 37 CSIR institutes/laboratories spread across the country.
• The campaign was launched during the 200th Governing Body Meeting of CSIR at the Science Centre in New Delhi.
• A new tagline for CSIR has also been unveiled, which is “CSIR-The Innovation Engine of India”.
• The implementation of paperless E-office across all labs with effect 01 April 2023 and E-performance appraisal
   system for admin cadre staff for Reporting Year 2022-2023 was also approved.
        Knowledge Nuggets -
        • CSIR was established on 26 September 1942 and was registered as a CSIR Society under the Societies Registration Act,
        1860.
        • It is an R&D organization under the Ministry of Science and Technology.
        • Vision of CSIR@2030 - “Enhance quality of life of the citizens of India through innovative Science and Technology, globa
        competitive R&D, by developing sustainable solutions and capacity building to fulfil dream of Atmanirbhar Bharat”.
        • Leadership of CSIR -
        o President – Prime Minister (ex-officio)
        o Vice-President – Minister of Science and Technology (ex-officio)
        o Director-General of CSIR and Secretary of Dept. Of Scientific and Industrial Research – N. Kalaiselvi (1st woman)
   Agriculture and Rural Development
1. Dharti Agro Chemicals Pvt. Ltd. is the first in the world to introduce GMS-based Cowpea Hybrids in the market and
   has released three hybrids in Cowpea – Bubbly, Sherly and Poorvaja.
• Cowpea is easily affordable and provides rich source of protein and micronutrients.
• Being a leguminous crop, it fixes atmospheric nitrogen, is involved in carbon sequestration and soil amelioration,
   thus reducing agriculture’s contribution towards volumes of crop protection products, enhancing and sustaining soil
   health.
   Defence News
1. Indian Naval Ship (INS) Mormugao, a P-15B stealth-guided missile destroyer, was commissioned into the Indian
   Navy.
• This was the second ship to be inducted as a part of the four ‘Visakhapatnam’ class destroyers.
• Indigenously designed by the Navy’s in-house organisation Warship Design Bureau and constructed by Mazagon
   Dock Shipbuilders Limited (MDL) in the country’s financial capital Mumbai.
   International News
1. Romania, Hungary, Azerbaijan and Georgia signed an agreement on the Black Sea submarine cable for
   the transport of electricity from the Caspian area to Romania.
2. Japan has unveiled a $320 billion plan for raising its military build-up – the largest since the Second World War.
3. European Union members have agreed to implement a minimum tax rate of 15% on big businesses in accordance
   with Pillar 2 of the OECD’s Global Tax Agreement framed by the Organisation for Economic Cooperation and
   Development (OECD) last year.
4. German Chancellor Olaf Scholz officially unveiled the country’s first floating liquefied natural gas (LNG) terminal.
   Reports and Indices
1. The 11th Global Food Security Index has been released by the British weekly The Economist.
•   Parameters – Affordability,
    Availability, Quality and Safety, and
    Natural Resources and Resilience
•   India is ranked at the 68th
    position, along with Algeria with an
    overall score of 58.9. In 2021, India
    was ranked at 71st
•   China’s position is 25th with a score
    of 74.2.
•   A total of 113 countries have
    featured on this list.
        • Ireland Capital – Dublin; Currency – Irish Pound; Official languages – Irish and English
        • Geographically, the country is located on the British Isles.
        Ireland is divided into two countries, which are Republic of Ireland and Norther Ireland (part of United Kingdom).
   Important Days
1. December 18 –
• Minorities Rights Day in India to create awareness about rights of religious minorities in India
• International Migrants Day
• World Arabic Language Day; Theme – The Contribution of the Arabic Language to Human Civilization and Culture
Knowledge Nuggets -
        • UN has six official languages, which were adopted on the following days.
        o Arabic Language Day (18 December)
        o Chinese Language Day (20 April)
        o English Language Day (23 April)
        o French Language Day (20 March)
        o Russian Language Day (6 June)
        o Spanish Language Day (23 April)
   Awards
1. NMDC won the coveted IEI (Institution of Engineers, India) Industry Excellence Award 2022.
        Knowledge Nuggets -
        • Institution of Engineers (India) [IEI] is the largest multi-disciplinary professional body of engineers, established in 1920
        with its headquarters located in Kolkata.
        • The purpose is to promote the general advancement of engineering amongst its members and persons attached to the
        Institution.
        • President of IEI – Narendra Singh
2. Sargam Koushal (from Jammu) has been crowned as Mrs World 2022 in the USA.
• She brought this accolade to India after 21 years. Aditi Govitrikar became the first Indian woman to win the honour
   for India in 2001.
3. Namami Gange initiative has been recognised by the United Nations as one of the Top 10 World Restoration
   Flagships to revive the natural world.
• Director General, Namami Gange, G Asok Kumar, received the award in the 15th Conference of Parties (COP15) to
   the Convention on Biodiversity (CBD) in Montreal, Canada.
• The Namami Gange initiative is committed to reviving the Ganga River, and was started in 2014.
• 2021 to 2030 – United Nations Decade on Ecosystem Restoration
• Other winners –
1. Trinational Atlantic Forest Pact (Brazil,           2. Abu Dhabi Marine Restoration                3. Great Green Wall
Paraguay and Argentina)                                (UAE)                                          (African Union)
• Conservation of at least 30% of the world’s land, water, coastal, and marine areas
• Restoration of at least 30% of degraded terrestrial, inland water, coastal, and marine ecosystems
• Phasing out subsidies that harm biodiversity by at least USD 500 billion per year and scaling up incentives for conservation
and sustainable use
• Mobilize by 2030 at least $200 billion per year in domestic and international biodiversity-related funding from all sources
– public and private
• Increasing international financial flows to developing countries to at least USD 20 billion per year by 2025 and at least USD
30 billion per year by 2030.
4. Union Ministry of Power has announced the National Energy Conservation Awards – 2022.
• Karnataka Renewable Energy Development Ltd (KREDL) has won the first prize in the State Designated Agency (SDA
   Group-1) sector.
   Sports
1. India has won the inaugural FIH Women’s Hockey Nations Cup by defeating Spain held in Spain.
• By virtue of winning the Nations Cup, the Indian team has been promoted to the 2023-24 FIH Hockey Women’s Pro
   League, a key event ahead of next year’s Asian Games and 2024 Paris Olympics.
2. Argentina won the FIFA World Cup 2022 in Doha, Qatar by defeating France at
   Lusail Stadium.
• Slogan of FIFA 2022 – Now is All
• Mascot of FIFA 2022 – La’eeb
• Official match ball – Al Rihla (meaning ‘The Journey’) designed by Adidas
• Trophy of FIFA 2022 – Jules Rimet Trophy (unveiled by Deepika Padukone)
    •   It uses an extensive framework comprising 89 indicators at the state level and 49 at the district level.
    •   Its overall score is scaled from 0 (lowest) to 100 (highest) to provide social progress performance of states
        and districts.
    •   Based on the SPI scores, states and districts are ranked under 6 tiers of social progress. They 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.
             • Tier 6: Very Low Social Progress.
    •   Best-performing states: Puducherry, Lakshadweep, and Goa.
    •   Top 3 best-performing districts: Aizawl (Mizoram), Solan (Himachal Pradesh), and Shimla (Himachal
        Pradesh).
    Knowledge Nuggets -
    • This national level SPI dwells on India's performance based on the global SPI released
    Social Progress Imperative since 2013.
    • In 2022 global SPI, India was ranked 110th out of 169 countries with score 60.2/100 and
    was placed in fourth tier of performance.
    • India's aggregate SPI score of 60.2 in 2022 was slightly lower than the world average of
    65.2.
Banking and Economy
   1. Jindal Steel and Power (JSPL) will spend Rs 7,930 crore under the production-linked
       incentive (PLI) scheme for specialty steel to manufacture eight types of high-end alloy in the country.
                     • The government has selected a total of 67 entities with an investment potential of Rs 42,500
                        crore under the scheme.
                     • The proposed investments are expected to generate 70,000 job opportunities and add 26
                        million tonnes of speciality steel capacity in India.
   2. Bhutan has signed an agreement with PTC India to receive an electricity supply of 600 MW during the winter
       season.
                     • CMD of PTC India Ltd – Rajib K Mishra
   3. Wipro Consumer Care and Lighting announced a definitive agreement to buy Nirapara, one of the largest-
       selling traditional food brand in Kerala.
   4. Credit bureau TransUnion CIBIL, in collaboration with Online PSB Loans and SIDBI have launched the FIT
       Rank – a comprehensive ranking model for MSMEs.
                     • The rankings will provide information on the probability of an MSME becoming a non-
                        performing asset (NPA) in the next 12 months.
                     • FIT Rank provides a ranking for the MSME, based on its financial, income, and trade data on
                        a scale of 1 to 10, FIT Rank 1 being for the least risky MSME and FIT Rank 10 being for the
                        most at-risk MSME.
                     • FIT Rank will also provide the details available with Goods and Services Tax (GST) filings.
                     • Using FIT rankings, SIDBI has launched a new Express loan Product for MSMEs to provide
                        them loans up to Rs 50 lakh for purchase of machinery and rooftop solar through straight-
                        through processes.
   5. Maritime logistics arm of Abu Dhabi National Oil Company (ADNOC) and Singapore-based AG&P (Atlantic,
       Gulf and Pacific) have signed an agreement to use Liquefied Natural Gas (LNG) carrier as a floating storage
       unit in India.
                     • The LNG carrier is owned by ADNOC Logistics & Services (ADNOC L&S).
   6. Reliance Retail Ventures Ltd. (RRVL), a subsidiary of Reliance Industries Ltd., has signed definitive
       agreements to acquire 100% equity stake in Metro Cash & Carry India Pvt Ltd. for a total cash consideration
       of ₹2,850 crore.
   7. Private lender Bandhan Bank has signed an MOU with the Controller General of Defence Accounts to
       extend banking facilities to servicemen.
                     • The service to the defence personnel will be provided under the System for Pension
                        Administration Raksha (SPARSH).
   8. One97 Communications Limited (OCL) launched ‘Paytm Payment Protect’, a group insurance plan, in
       association with HDFC ERGO General Insurance, to insure transactions made through UPI across all apps and
       wallets.
                     • With this new insurance offering, which comes at a cost of as low as Rs 30 per annum, users
                        can now secure themselves against mobile fraudulent transactions up to Rs 10,000.
                     • Higher cover options for cover up to Rs 1 lakh per annum will soon be added to the product.
GDP Forecasts
   1. Fitch Ratings affirmed India’s sovereign credit rating at ‘BBB-‘ with stable outlook.
                     • FY23 fiscal deficit target – 6.6% of GDP
                     • FY24 fiscal deficit target – 6% of GDP
                     • India’s deficit will gradually decline to 9.2% of GDP in FY24 and 8.7% in FY25 on the back of
                        continued declines in central government deficits.
   2. NITI Aayog has forecasted an over 7% growth rate for India in FY23.
                     • RBI has forecasted a 6.8% growth rate for FY23.
Appointments
    1. Renowned athlete PT Usha became the first nominated MP in Rajya Sabha to be nominated to
        the panel of Vice Chairpersons.
                     • The vice-chairpersons will conduct the proceedings of the House when Chairman and
                         Deputy Chairman are not available.
    2. Senior nuclear scientist Dinesh Kumar Shukla has been appointed as the chairperson of the Atomic Energy
        Regulatory Board (AERB) for a period of 3 years.
                     • The Atomic Energy Regulatory Board was constituted in 1983 by the President of India by
                         exercising the powers conferred by the Atomic Energy Act of 1962.
Important Days
    1. December 20 – International Human Solidarity Day
    2. December 23 – National Farmer’s Day
    3. December 19-25 – 2nd Sushasan Saptah (Good Governance Week)
Awards
    1. Sethrichem Sangtam, who runs an NGO that works with farmers in eastern Nagaland, has won the first
        Rohini Nayyar Prize for Outstanding Contribution to Rural Development.
                     • It carries a Rs 10 lakh prize.
                     • The Nayyar Foundation for Social and Economic Purpose, a foundation set up by her family,
                         will give away the annual prize to those under 40 for their contribution to rural
                         development.
    2. Indian scientist at IIT-Madras, Thalappil Pradeep, received VinFuture special prize in Hanoi for creating
        a low-cost filtration system to remove arsenic and other heavy metals from groundwater.
    3. ‘Naatu Naatu’ from the blockbuster Telugu film ‘RRR’ has been shortlisted for the 2023 Oscar Awards in
        the ‘Best Original Song’ category.
                     • Gujarati film ‘Chhello Show’ was shortlisted in the ‘Best International Feature Film’
    4. Indian female wrestler Antim Panghal has been nominated for the honour of United World Wrestling Rising
        Star of the Year.
Sports
    1. Indian doubles pair Satwiksairaj Rankireddy and Chirag Shetty reached a career-best world No. 5.
                     • HS Prannoy regained his place in the top 10 in men’s singles in the BWF world rankings.
    2. United World Wrestling has announced that the Asian Wrestling Championships 2023 will take place
        between March 28 to April 2nd, 2023 in New Delhi.
                     • The Championship will feature men’s freestyle, women’s freestyle, and men’s Greco-Roman
                         divisions.
    3. Tata Motors will be the title sponsor of the Maharashtra Open, better known as Tata Open Maharashtra,
        which is South Asia’s only ATP 250 tournament.
                     • It will begin on 31 December in Pune.
23-25 dec*************************************************************************************
National News
    1. India’s first infantry museum will be inaugurated in Mhow cantonment in Indore district of Madhya
        Pradesh.
                     • There are 64 cantonment boards in India.
    2. Indian Institute of Corporate Affairs has launched the Impact Leaders programme to create Impact Leaders
        in the areas of Environmental-Social-Governance (ESG).
      • IICA is an autonomous institution under the aegis of the Ministry of Corporate Affairs.
      • IICA has also formed a National Association of Impact Leaders which is a membership-based association
           only for ESG professionals. The association will provide a platform for further professional advancement
           and engagement to its members.
    3. Ministry of Ayush is currently implementing a Central Sector Scheme titled AYURSWASTHYA Yojana.
• Components of the scheme –
• AYUSH and Public Health: To promote AYUSH medication for community health care.
• Up-gradation of facilities to Centre of Excellence: To provide financial assistance to individual
    organizations/institutes to advance their R&D in AYUSH and establish AYUSH medical health units in reputed
    AYUSH and Allopathic institutions both in Government and Non-Government sector
•   Financial support of Rs 10 crores per organization is given under this component.
    4. The tentative list of UNESCO’s World Heritage Sites includes Sun temple, Modhera, Gujarat; Vadnagar,
        Gujarat; and Rock-cut sculptures of Unakoti, Tripura.
    5. 19th meeting of the Experts and Coordinators of the Shanghai Cooperation Organization’s Interbank
        consortium (SCO-IBC) was held in New Delhi.
      • During the meeting, it was decided to create a data bank of the various initiatives which have been taken
          so.
      • The bank will collect data on the work done towards the sustainable development goals, and climate
          finance initiatives, besides sharing the best practices and experiences amongst the member countries.
      • India Infrastructure Finance Company Limited (IIFCL) is presiding over the Presidency of the SCO
          Interbank Consortium (SCO IBC) during the period of October 26 to October 25 2023.
    Knowledge Nuggets -
    • The SCO IBC was established in 2005, under the decision made by the Council of Heads of
    SCO Member States to create a mechanism to financially support and service investment
    projects in the SCO member countries’ economic area (Agreement on Interbank
    Cooperation with the Shanghai Cooperation Organization).
    • India Infrastructure Finance Cooperation Limited (IIFCL) was nominated by the Ministry of
    Finance in 2017 to represent India at the SCO Interbank Consortium (SCO IBC) and since
    then it has been participating in the forum.
State News
    1. J&K signed an MOU with the Ladakh administration for conferring professional status to each other. This
        MOU will also allow “J&K Bank” to become the “preferred banker” of the UT.
                    • J&K has approved the Rehabilitation Policy for Children in Street Situation to safeguard
                        children from dangerous situations.
    2. Kerala has launched its 1st smart mobile composting unit. The state will eliminate its waste management
        issues by 2026.
    3. Odisha has launched the ‘Drink from Tap’ project in 19 cities and towns of the state.
                    • In October 2020, the Odisha government launched the ‘Sujal-Drink from Tap Mission’ to
                        provide quality drinking water which would be suitable for consumption from the tap in Puri
                        and Bhuvneshwar.
    4. Kerala Startup Mission has signed an MOU with HDFC Bank to engage more deeply with the start-up
        community and to promote entrepreneurship in the state.
                    • The Bank will extend its full-suite of specialized services and facilities tailored for start-ups,
                        known as Smart-Up, to all the firms associated with KSUM.
Defence News
    1. ‘INS Arnala’, the first of the eight of the Anti-Submarine Warfare Shallow Water Craft Project, being built
        by GRSE for the Indian Navy.
    2. Innovations for Defence Excellence (IDEX) has signed its 150th contract with Pune-based Altair Infrasec Pvt
        Ltd.
                    • Altair Infrasec Pvt Ltd. won Defence India Start-up Challenge (DISC 7) SPRINT edition. Now,
                        Altair will develop the ‘Expendable Mobile Anti-Submarine Warfare (ASW) Training Target
                        (EMATT) capable of simulating the sound and movement of a submarine’.
    Knowledge Nuggets -
    • Innovations for Defence Excellence (iDEX) is the flagship initiative of the Department of
    Defence Production and it was rolled out to encourage start-ups and other such entities
    engaged in defence innovation.
Memorandum of Understanding
    1. Indian National Space Promotion and Authorization Centre (IN-SPACe) has signed an MOU with Bangalore-
        based deep tech startup QNu Labs to develop indigenous Satellite QKD (quantum key distribution)
        products.
    2. US-based Cognizant has signed an MoU with Chennai-based drone startup, Garuda Aerospace to fit
        advanced digital capabilities on its drones.
                     • The partnership aims at bringing innovative solutions at scale for enterprises looking to
                         achieve greater agility, productivity, and high return on investment.
    3. Tata Projects Ltd. has signed an MOU with the Council of Scientific and Industrial Research—Indian
        Institute of Petroleum (CSIR-IIP) to jointly work towards clean energy solutions.
International News
    1. NASA has ended its InSight mission after more than four years of collecting information on Mars.
                     • Launched in 2018, InSight was the first robotic probe that was specially designed to study
                         the interiors of Mars.
    2. NASA has selected Space Exploration Technologies (SpaceX) of California, to provide launch services for
        the Sentinel-6B mission.
                     • Sentinel-6B has been collecting long-term global sea level data since 1992.
                     • The mission is a partnership between NASA, the National Oceanic and Atmospheric
                         Administration, the European Space Agency (ESA), and the European Organization for the
                         Exploitation of Meteorological Satellites.
Reports and Indices
    1. UI GreenMetric World University Rankings 2022 has been released by The Universitas Indonesia and
        the Manipal Academy of Higher Education in Manipal, Karnataka.
                     • Top rankers –
Knowledge Nuggets -
    • The International Financial Services Centres Authority (IFSCA) has been established in 2020
    under the International Financial Services Centres Authority Act, 2019.
    • It is headquartered at GIFT City, Gandhinagar in Gujarat.
    • IFSCA is the 5th financial regulator in India after RBI, SEBI, IRDAI, and PFRDA.
    • As far as the All-India Financial Institutions are concerned, there are five AIFIs, which are
    SIDBI, NHB, NABARD, EXIM, and National Bank for Financing Infrastructure and
    Development (NBFID).
    • Chair of IFSCA – Shri Injeti Srinivas
    • The Council on Energy, Environment and Water (CEEW) is one of Asia’s leading not-for-
    profit policy research institutions.
   7. Indian Gas Exchange (IGX), promoted by the Indian Energy Exchange (IEX), has launched GIXI – the first-
       ever, nationwide price index to track benchmark natural gas prices for India.
                   • India has a target of achieving a 15% share of natural gas in India’s energy mix.
                   • IGX Price Index has been developed with the purpose of deriving a single price for the
                       country in line with international benchmarks.
Appointments
   1. Puma, the manufacturer and designer of causal and athletic footwear, has roped in Bollywood actor and
       entrepreneur Anushka Sharma as its brand ambassador.
   2. Central Govt has appointed Justice Hemant Gupta as the Chairperson of the New Delhi International
       Arbitration Centre.
                   • Set up in 2019, the NDIAC has been declared to be an institution of national importance and
                       is mandated to be a seven-member body that is headed by a former Judge of the Supreme
                       Court or a High Court or an eminent person.
                   • Recently, the Union Minister for Law and Justice Kiren Rijiju introduced a Bill to rename the
                       New Delhi International Arbitration Centre as the India International Arbitration Centre.
Important Days
   1. December 22 – National Mathematics Day (birthday of Srinivasan Ramanujan on Dec 22, 1887)
Awards
   1. Bollywood superstar Shah Rukh Khan has become the only Indian to be named in the Empire
       magazine’s ’50 Greatest Actors of All Time’.
   2. 7th edition of Digital India Awards-2022 has been awarded by the Ministry of Housing and Urban Affairs.
                   • These are conducted by the National Informatics Centre (NIC) under the Ministry of
                       Electronics & Information Technology (MeitY).
   Category                                        Winner
   Data Sharing and Use for Socio-                 Smart Cities Mission, Ministry of Housing
   Economic Development                            and Urban Affairs
   • Gamaka (also spelled gamakam) refer to ornamentation that is used in the performance of
   North and South Indian classical music.
26dec**********************************************************************************
National News
    1. Central Ayurveda Research Institute (CARI), New Delhi, and Central Ayurveda Research Institute,
       Jhansi, have been accredited with NABH and NABL accreditations, respectively.
                   • Both the CARIs come under the aegis of Central Council for Research in Ayurvedic
                       Sciences (CCRAS) of the Ministry of Ayush.
                   • Central Ayurveda Research Institute (CARI), New Delhi – provides OPD services in ayurveda
                   • Central Ayurveda Research Institute, Jhansi – tests state-of-the-art Quality Control
                       Laboratories (Chemistry, Microbiology, Pharmacognosy), Ayurvedic Pharmacy, Central
                       Herbarium and Museum, and National Raw Drugs Repository (NRDR)
   Knowledge Nuggets -
   • National Accreditation Board for Hospitals & Healthcare Providers (NABH) is a constituent
   board of Quality Council of India, set up to establish and operate accreditation programme
   for healthcare organisations.
   • National Accreditation Board for Testing and Calibration Laboratories (NABL) is an
   accreditation body for testing laboratories, calibration laboratories, medical testing
   laboratories, etc.
   2. ISRO has announced to carry the scientific instruments of the USA on its forthcoming Chandrayaan 3
      mission.
                 • The Chandrayaan mission 2 also carried American scientific instruments.
                 • The Chandrayaan-3 mission is a continuation of Chandrayaan-2, which was launched in July
                    2019. It will also be launched on the South Pole of moon.
   3. Bengaluru-based Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an autonomous
      institute of the Department of Science and Technology, has shown for the first time infrared light emission
      and absorption with GaN nanostructures.
                    • Gallium Nitride (GaN) is a very hard and mechanically stable wide band gap (WBG)
                        semiconductor, as it has a hexagonal crystal structure.
   4. Central government will provide free foodgrains to about 35 crore beneficiaries under the National Food
      Security Act (NFSA) for one year from January 1, 2023.
                    • The Centre will spend more than Rs 2 lakh crore in this period as food subsidy under NFSA
                        and other welfare schemes, to remove the financial burden of the poor and the poorest of
                        the poor.
                    • 5 kg food grains per person to Priority Households (PHH) beneficiaries and 35 kg per
                        household to Antyodaya Anna Yojana (AAY) beneficiaries (poorest of the poor) will be
                        provided free of cost for the next 1 year.
   5. India’s first intranasal Covid vaccine iNCOVACC has been approved by the Ministry of Health and Family
      Welfare as a booster or precautionary dose for those aged 18 years and above.
                    • The vaccine will be added to the Co-Win app – a web platform for vaccination registration in
                        the country.
   6. Atal Incubation Centre (AIC) at the Bhabha Atomic Research Centre (BARC) signed agreements
      with MSMEs for the incubation of newer technologies into commercial products.
   7. India and Bangladesh have decided to start talks for a free trade agreement (FTA) early.
   8. Prime Minister Narendra Modi will flag off West Bengal’s first Vande Bharat Express on the busy Howrah-
      New Jalpaiguri route.
                    • It will bring down travel time between Kolkata and Siliguri, the gateway to the Northeast
                        considerably.
   9. “Lion@47: Vision for Amrutkal” has been prepared by the Ministry of Environment, Forest and Climate
      Change for the conservation of the Asiatic Lion in Gujarat.
                    • The Project is being implemented in the Gir landscape in Gujarat which is the last home of
                        the Asiatic lion.
                    • Project Tiger is being implemented in tiger landscapes spread across the country in 53 tiger
                        reserves.
    Knowledge Nuggets -
    • Already, the Project Lion is being implemented by the Gujarat govt and other stakeholders
    like Central Zoo Authority.
    • Financial assistance of Rs. 124.58 lakhs have been provided to State of Gujarat for
    conservation of wildlife including Asiatic Lions under the Centrally Sponsored Scheme (CSS)-
    ‘Development of Wildlife Habitats’ during the last three years.
    10. A total of 10 captive-bred Asian Giant Tortoises (Manouria emys) have been released into Ntangki National
        Park in Peren district, Nagaland, India to conserve one of the largest tortoise species in mainland Asia.
                     • The Asian Giant Tortoise is listed as “critically endangered” on the International Union for
                         Conservation of Nature’s Red List of Threatened Species.
                     • The Nagaland Zoological Park in Dimapur has the highest number of Asian Giant Tortoise,
                         with 110 hatchlings and juveniles from 13 adults.
    11. 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.
                     • Purpose – to provide 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
                     • Ahmedabad (a UNESCO World Heritage city) will host the U20 cycle.
State News
    1. Manipur CM N Biren Singh has upgraded the Inner Line Permit (ILP) System portal of the state.
    Knowledge Nuggets -
    • NTPC is India’s largest power utility with an installed capacity of 70,824 MW (including
    JVs).
    • It plans to become a 130 GW company by 2032.
    • Established in 1975, NTPC aims to be the world’s largest and best power major.
    • It is a Maharatna company.
    • NTPC CMD – Gurdeep Singh
International News
    1. The Russian government is working towards supplying the third S-400 air defence systems to India in time
        by January-February 2023.
                      • The first two squadrons have already been operationalised in the northern and eastern
                          sectors respectively.
    2. IIT-Kharagpur aims to become the world-wide benchmark in education excellence by establishing IIT-
        Malaysia.
                      • It will be a major step for the institute to set its global footprint in the international
                          domain of Higher Education promoting Indian standards of education.
    3. Japan has adopted a plan to extend the operation of existing nuclear power reactors and replace ageing
        facilities with new advanced ones.
Banking and Economy
    1. Reliance Jio has won the Indian Oil Corporation Ltd (IOCL) order for providing SD-WAN (Software Defined
        Wide Area Network) solution.
                      • Purpose – to power IOCL’s retail automation and critical business processes, such as
                          payment processing, daily price updates, Remote Desktop Protocol (RDP) software and
                          network monitoring with enterprise-grade connectivity, Quality of Service (QOS) and 24×7
                          support across 28 states and eight Union Territories
    2. Tata Power has received a Rs 450 crore “sustainable trade finance facility” from MUFG Bank of Japan to
        fund its solar projects in India.
                      • MUFG extended this financing to fund the procurement of TP Kirnali Limited (TPKL)’s two
                          solar power projects – a 100 MW project in Parthur, Maharashtra and a 120MW project in
                          Mesanka, Gujarat.
    Knowledge Nuggets -
   3. Bharti Airtel and Apollo Hospitals conducted India’s first 5G-driven, artificial intelligence (AI)-guided
       colonoscopy trials in collaboration with technology companies HealthNet Global, Amazon Web
       Services (AWS) and Avesha.
                  • The AI-guided colonoscopy procedure helped in image processing in real-time.
   4. International Finance Corporation, a part of the World Bank Group, has extended a $400 million
       loan to HDFC Bank to boost green housing in the affordable segment.
                  • 75% of this funding will be used for extending loans for green affordable housing portfolio.
   5. Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the revision of pension of Armed
       Forces Pensioners/family pensioners under the One Rank One Pension (OROP) from July 1, 2019.
                  • Pension of the past pensioners would be re-fixed on the basis of average of minimum and
                      maximum pension of Defence Forces retirees of calendar year 2018 in the same rank with
                      the same length of service.
                  • Arrears will be paid in four half-yearly instalments.
   6. Adani Group will control around 65% of NDTV as founders Radhika and Prannoy Roy have sold their stake.
                  • Radhika and Prannoy Roy will sell a 27.26% stake of their remaining 32.26% shareholding in
                      NDTV to an entity owned by Adani, giving it 64.71% of NDTV.
GDP Forecasts
   1. International Monetary Fund (IMF) has projected India to grow by 6.8% in 2022-23.
                  • India’s GDP Growth Rate for 2023-24 – 6.1%
   2. US President Joe Biden has nominated Indian-American lawyer diplomat Richard Verma, also a former US
       ambassador to India.
Appointments
   1. SBI Funds Management Limited (SBIFML), a joint venture between State Bank of India and Amundi, Europe’s
      largest asset manager, has appointed Shamsher Singh as the MD & CEO of SBI Funds Management Limited.
   2. Sitiveni ‘Rambo’ Rabuka has been appointed as the new Prime Minister of Fiji.
   Knowledge Nuggets -
   • Fiji Capital – Suva; Currency – Dollar; Official Languages – English, Fiji Hindi, and Fijian
   • The Republic of Fiji is an island country in Melanesia, part of Oceania in the South Pacific
   Ocean.
   • Fiji is a part of the Forum for India-Pacific Islands Cooperation (FIPIC), which includes India
   and 14 Pacific Island Nations (including Fiji).
   3. PN Vasudevan will continue to be the MD & CEO of Equitas Small Finance Bank.
   4. Former Vice-Chancellor of the University of Mysore S. Rangappa has been elected as a fellow of The World
      Academy of Science (TWAS) for the advancement of science in developing countries.
                 • The fellowship comes into effect from January 1, 2023.
Knowledge Nuggets -
   • TWAS is the programme unit of UNESCO with its headquarters in Trieste, Italy.
   • TWAS was founded in 1983 by a distinguished group of scientists from the developing
   world. It has 1,296 elected fellows representing more than 100 countries and 11 of them are
   Nobel laureates.
   • TWAS has the objective of encouraging scientific research in solving major challenges
   facing developing countries.
   5. Pushpa Kamal Dahal ‘Prachanda’ has been elected as the Prime Minister of Nepal.
Important Days
   1. December 24 – National Consumer Day
   2. December 25 – Good Governance Day (birth anniversary of Atal Bihari Vajpayee)
   3. December 26 – Veer Bal Diwas (to commemorate the martyrdom of two younger sons of Guru Gobind Singh
       – Sahibzadas Baba Zorawar Singh Ji and Baba Fateh Singh Ji)
                   • December 23 – Shaheedi Diwas (to commemorate the martyrdom of two elder sons of Guru
                        Gobind Singh – Baba Ajit Singh ji and Baba Jujhar Singh Ji)
Awards
   1. Unique Identification Authority of India (UIDAI) has won the prestigious GRIHA Exemplary Performance
       Award 2022, a top national level Green Building Award.
                   • GRIHA (Green Rating for Integrated Habitat Assessment) is a national rating system for
                        green buildings in India.
                   • UIDAI has also won the Data Security Council of India’s Excellence Award 2022 in the “Best
                        Security Practices in Government Sector” category.
   2. The ‘Ekalabya Puraskar’ for the year 2022 was presented to cyclist Swasti Singh.
                   • Indian Metals Public Charitable Trust (IMPaCT) has instituted the Ekalabya Puraskar to
                        encourage young sports talents.
   3. Rabindranath Tagore Literary Prize 2021-22 has been jointly won by Sudeep Sen and Shobhana Kumar.
                   • Sen won this award for his genre and form bender ‘Anthropocene: Climate Change,
                        Contagion, Consolation’.
                   • Kumar won the award for her haibun collection ‘A Sky Full of Bucket Lists’.
   4. Indian scientist, Thalappil Pradeep (IIT-Madras) received VinFuture special prize in Hanoi for innovating
       a low-cost filtration system to remove arsenic and other heavy metals from groundwater.
   5. The American magazine Forbes released the list of the top 25 female athletes.
                   • PV Sindhu, at 12th rank, is the only shuttler (badminton player) and Indian on the list.
                   • Naomi Osaka (tennis player from Japan) is at 1st
Sports
    1. FIFA World Rankings December 2022 –
                     • Top ranking countries – Brazil (1st) and Argentina (2nd)
    2. Mirabai Chanu won the silver medal in 49 kg category at the 2022 IWF World Weightlifting
        Championship at Bogota, Columbia.
                     • Hidilyn Diaz from Philippines won 3 gold medals in 55 kg category.
    3. Hockey India has announced the 18-member team to represent India at the prestigious FIH Odisha Hockey
        Men’s World Cup 2023 to be held in Bhubaneswar and Rourkela from January 13 to 29.
                     • Ace drag-flicker Harmanpreet Singh has been named the captain of the squad with Amit
                         Rohidas as the Vice-Captain.
    4. Sam Curran becomes the most expensive player in IPL history in the Rs 18.50 crore deal.
    5. Geto Sora (badminton player from Arunachal Pradesh) has won the Top Arena Junior International
        Badminton Championship title in the Kuala Lumpur, Malaysia.
B27******************************************************************************
National News
    1. Central Govt has mandated the digital attendance of workers employed under the Mahatma Gandhi
        National Rural Employment Guarantee Scheme (MGREGS) from January 1, 2023.
    2. Ministry of Mines has approved the purchase of two new surveyor ships, which will replace the ageing RV
        Samudra Shaudhikama and RV Samudra Kaustabh and conduct marine surveys for the Geological Survey of
        India (GSI).
                     • The RV Samudra Shaudhikama and RV Samudra Kaustabh were built in the Netherlands and
                         commissioned in 1984.
    3. The bar-headed goose, considered one of the world’s highest-flying birds, recently visited the Muttukadu
        backwaters in Tamil Nadu.
    4. Animation, Visual Effects, Gaming and Comic (AVGC) Task Force has provided recommendations for the
        growth and promotion of the AVGC sector.
                     • The AVGC Task Force was set up under the chairmanship of the Secretary of
                         the Information and Broadcasting Ministry (Apurva Chandra).
                     • Among the recommendations, the Task Force has called for a National AVGC-XR (Extended
                         Reality)
                     • Establish a National Centre of Excellence (COE) for the AVGC sector to become an
                         international reference point across Skilling, Education, Industry Development and Research
                         & Innovation for the AVGC sector.
                     • Four Sub-Task Forces were constituted for devising strategies of growth through targeted
                         interventions in their respective areas,
                             1. Industry & Policy headed by Shri Apurva Chandra, Secretary MOIB;
                             2. Education headed by Shri Anil Shahashrabudhe, then Chairperson AICTE;
                             3. Skilling headed by Shri Rajesh Aggarwal, then Secretary MoSDE, and;
                             4. Gaming headed by Shri Vikram Sahay, JS MOIB. Their recommendations have
                                  formed the basis of the consolidated report of the Task Force.
            5. Project Vaani has been launched by the Indian Institute of Science-Bangalore, Google and ARTPARK
                (AI and Robotics Technology Park).
            • Purpose – to gather speech data from across India for the creation of an AI-based language model
                that can understand diverse Indian languages and dialects
            • Under Project Vaani, diverse languages used across India will be mapped by collecting speech sets of
                around 1 million people from 773 districts over 3 years.
            • The Project will cost Rs 30 to 40 million.
State News
    1. Ladakh celebrated Losar Festival to mark the Ladakhi New Year. It will continue for nine days from the new
        year.
    2. Delhi Chief Minister Arvind Kejriwal reviewed the progress of the real-time source apportionment
        project, which is being implemented by the Delhi Pollution Control Committee, in collaboration with IIT-
        Kanpur, IIT-Delhi, and TERI.
                     •  Under this project, a supersite with cutting-edge air analysers and a mobile air quality
                        monitoring system will be used to measure the concentration of various substances in the
                        air above Delhi.
Agriculture and Rural Development
    1. Directorate General of Civil Aviation (DGCA) has issued the Type Certification for the Kisan drones made
        by Garuda Aerospace.
                    • DGCA has also authorised Garuda Aerospace as Remote Pilot Training Organisation (RPTO)
                        to train people to operate drones.
                    • Thus, it became the first company to get DGCA’s double certification for Kisan Drones.
Defence News
    1. Ministry of Defence has announced to procure indigenous short-range ballistic surface-to-
        surface (SRBM) missile named Pralay (developed by DRDO).
                    • The missile will be India’s first tactical quasi-ballistic missile.
                    • Key Features of Pralay – It is a ballistic missile with a low trajectory. It can manoeuvre
                        (change its path) in flight. It has been designed to evade interceptor missile. High accuracy.
                        Capable of carrying 350-700 kg of deadly warheads.
                             • ‘Pralay’ ballistic missile is a canisterised tactical, surface-to-surface, and short-range
                                 ballistic missile (SRBM) for battlefield use. It can hit targets from a distance of 150 to
                                 500 km and is extremely difficult to intercept by enemy interceptor missiles
    Knowledge Nuggets -
    · The Pralay missile project was sanctioned in 2015 and is a derivative of the Prahaar missile
    programme, which was first tested in 2011.
    · Pralay is a short-range ballistic missile. Unlike intercontinental ballistic missiles that exit the
    Earth’s atmosphere, short-range ballistic missiles stay within it.
    · India is planning to create a Rocket Force, envisaged by Late CDS Bipin Rawat, which will
    include the BrahMos as well as the Smerch and indigenous Pinaka multi-barrel missile
    launchers, besides a few other systems that are being built.
International News
    1. According to the Centre for Economics and Business Research (CEBR) data, India will become the third
        economic superpower by 2037 and a $10-trillion economy by 2035.
                     •  The annual rate of India’s GDP will be 6.4% over the next five years.
                     •  The annual rate of India’s GDP growth will be 6.5% on average in the subsequent nine years.
                     •  This growth trajectory will push India’s ranking from fifth place on the World Economic
                        League Table in 2022 to third in the global rankings by 2037.
   2. Serbia is terminating visa-free entry for Indians from January 1, 2023. From Jan 1, Indian passport holders
       will no longer have the luxury of traveling to Serbia without a valid visa.
                    • Earlier, diplomatic and official Indian passport holders were allowed to visit the country for
                        90 days without any visa, while the duration was 30 days for ordinary passport holders.
   3. According to a new research study, the population of Antarctica’s Emperor Penguins may go extinct by
       2100, if immediate actions are not taken.
                    • The populations of up to 97% of land-based Antarctic species could decline by the end of this
                        century.
Reports and Indices
   1. World Bank has released the “2022 in Nine Charts” report to assess the year of 2022.
                    • Poverty –
                            • In 2022, 685 million people are living in extreme poverty. This makes 2022 the
                                second-worst year for poverty reduction in the past 20 years after the year 2020.
                            • Around 7% of the global population (574 million people) will live in extreme poverty
                                by 2030, which is far short of the global goal of 3% in 2030.
                    • Debt Crisis –
                            •  Currently, 60% of the world’s poorest countries are either in debt distress or at risk
                               of it.
                    •   Energy Crisis –
                            • At present, 733 million people do not have access to electricity. By 2030, over 670
                               million people will remain without access to electricity.
                    •   Learning Poverty –
                            • Of every 100 children in low and middle-income countries, 60 are “learning
                               deprived” and 10 are deprived of schools.
Banking and Economy
   1. Tata Steel has been certified as ‘Great Place to Work’ by Great Place to Work Institute for 2023 for the sixth
       consecutive year.
   2. Bajaj Allianz General Insurance, one of the leading private general insurers of India, has launched its unique
       health insurance rider ‘Respect Senior Care Rider’.
                   • The company offers a comprehensive network of services and professionals who collaborate
                       with one another to ensure that senior citizen will always receive the highest possible level
                       of care.
   3. In May 2022, HCL Corporation and World Economic Forum launched a $15 million Aquaprenuer- Global
       Fresh Water Innovation Challenge initiative.
                   • HCL Corporation partnered with UpLink, the open innovation platform of the World
                       Economic Forum, to announce the five-year-long Aquapreneur Innovation Initiative.
                   • HCL Corporation has committed $15 million over a period of five years to support this
                       initiative.
                   • This year, the initiative is witnessing massive interest of startups from regions like India and
                       the rest of Asia, South America and Africa.
                   • UpLink, an innovation platform led by the WEF, helps link startups solving global challenges
                       to investor ecosystems.
Appointments
   1. Santosh Kumar Yadav has been appointed as the Chairman of the National Highways Authority of
       India (NHAI) and Maharashtra Metro achieved the world record for constructing the longest double-decker
       viaduct with a length of 3.14 km in Nagpur. The longest viaduct with highway flyover and metro rail
       supported on single column piers. The maximum metro stations constructed on a double-decker viaduct are
       recognized by the Asia Book of Records & India Book of Records. The development is the fulfilment of the
       promise by PM Modi’s Government on building world-class infrastructure in New India.
    Knowledge Nuggets -
    · The National Highways Authority of India (NHAI) was constituted by an Act of Parliament,
    the National Highways Authority of India Act, 1988.
    · Chairperson - Alka Upadhyaya
    2. Anil Kumar Lahoti has been appointed as the Chief Executive Officer and Chairman of the Railway Board.
   1. IIT-Madras has won the Wharton-QS Reimagine Education Awards, referred to as ‘the Oscars of Education’.
• The BS in Data Science and Applications won Silver in the ‘Best Online Program’ category, while NPTEL (National
   Programme on Technology Enhanced Learning), a joint initiative of IITs and IISc, won the Gold in the ‘Lifelong
   Learning category.’
   2. Australia’s men’s Test Player of the Year award will be named in honour of Shane Warne.
Sports
   1. Lovlina Borgohain and Nikhat Zareen won the gold medals at Women’s National Boxing Championship
       2022 in Bhopal.
                  • The Railways team topped the medals tally with 10 medals – five golds, three silvers and two
                       bronze.
                    •   Madhya Pradesh, with one gold, two silver and five bronze stood second, while Haryana
                        with two gold and two bronze claimed the third position. Shane Warne
Miscellaneous
     1. “Forks in the Road: My Days at RBI and Beyond” book has been authored by Rangarajan (former Governor
         of RBI).
28dec*****************************************************************************
 NATIONAL NEWS
1. IIT-Guwahati and IIT-Bombay are collaborating with the European Universities for the LOTUS Indo-European
project.
         • The LOTUS Indo-European project has been launched by Department of Science and Technology and the
         European Commission for providing solutions for issues related to the quality of water supplied across Indian
         households and elsewhere.
         • Under the project, Universit Gustave Eiffel, IIT Guwahati, and the SME EGM, Sophia
         Antipolis, France have developed the LOTUS water quality sensor.
2. Ministry of Environment, Forest, and Climate Change has been implementing the Assistance to Botanical Garden
(ABG) Scheme since 1992 for ensuring the ex-situ conservation of endemic and threatened species of plants in the
network of Botanic Garden.
         • Botanical Survey of India is the implementing agency of the scheme.
         • Rs 48.07 crores has been spent on this scheme, so far.
         • Recently, the Report of the Comptroller and Auditor General of India’s Report for 2020-21highlighted the
         ineffectiveness of this scheme in the conservation of plants, due to delay in fund release by the Ministry and
         lack of monitoring.
Knowledge Nuggets -
         • Botanical Survey of India’s HQ – Kolkata
         • Botanical Survey of India’s Director – Dr Ashiho Asosii Mao
3. According to a govt official, the Rs 200 per cooking gas cylinder subsidy for 12 cylinders per year under Ujjwala
Scheme may be extended for another year in the upcoming Budget 2023-24.
4. National Mission for Clean Ganga has approved 12 projects worth Rs 2700 crores for developing sewerage
infrastructure in the Ganga Basin.
• The Ganga Basin covers areas in Uttar Pradesh, Bihar, Jharkhand, and West Bengal, with a special focus on
tributaries of Ganga.
Knowledge Nuggets -
         • National Mission for Clean Ganga (NMCG) was registered as a society in 2011 under the Societies
         Registration Act 1860.
         • It acted as an implementation arm of the National Ganga Council which was constituted under the
         provisions of the Environment (Protection) Act (EPA),1986.
         • Organizations for the effective implementation of the National Mission for Clean Ganga (NMCG) -
         o National Ganga Council is under chairmanship of Hon’ble Prime Minister of India.
         o Empowered Task Force (ETF) on river Ganga under chairmanship of Hon’ble
         Union Minister of Jal Shakti (Department of Water Resources, River Development and Ganga Rejuvenation)
5. Researchers at the IIT-Madras, Tel Aviv University and Columbia University are studying a rare genetic brain
disease called “GNB1 Encephalopathy” and trying to develop a drug to treat it effectively.
         • With less than 100 documented cases worldwide, GNB1 Encephalopathy is a kind of neurological disorder
         which affects individuals in the foetus stage.
         • A single nucleotide mutation in the GNB1 gene that makes one of the G-proteins, the “Gβ1 protein,”
         causes this disease.
         • This mutation affects the patient since they are a foetus. Children born with GNB1 mutation experience
         mental and physical developmental delay, epilepsy (abnormal brain activity), movement problems.
         • The research was supported by Indo-Israel Binational grant offered by Israel Science Foundation (ISF) and
         India’s University Grants Commission (UGC).
6. IIT-Roorkee has developed the SwasthGarbh Mobile App for antenatal care and real-time medical support for
pregnant women.
• The free-of-cost application was developed in collaboration with the All-India Institute of
Medical Sciences (AIIMS), for women with poor access to healthcare services, especially
in rural areas.
[Type here]
pg. 4
STATE NEWS
1. Uttarakhand launched the “Climate Resilient Livelihood for Disaster Prone Region of Uttarakhand”, in
collaboration with SBI Foundation and HESCO’s Project.
         • Purpose – to create livelihood options for people living in disaster-prone areas
2. The 10th edition of the North East Festival was organized at Jawaharlal Nehru Stadium, Delhi from December 23-
26, 2022.
MEMORANDUM OF UNDERSTANDING
1. Tata Steel and TuTr Hyperloop have signed a Memorandum of Agreement (MoA) at IITMadras to jointly work on
development and deployment of Hyperloop technology at scale.
2. NTPC Limited has signed a non-binding MOU with Tecnimont Private Limited, Indian subsidiary of Italy-based
Maire Tecnimont Group.
         • Purpose – to collaborate for green methanol production facility at an NTPC project in India
         • The green methanol project involves capturing carbon from NTPC power plants and converting it into a
         green fuel.
3. Ministry of Power has signed an MOU with Defence Research and Development
Organization (DRDO), Ministry of Defence for the implementation of Early Warning System for Vulnerable Hydro
Projects/Power Stations.
• Ministry of Power and DRDO will jointly work towards developing suitable mitigation measures against avalanches,
landslides, glaciers, glacial lakes and other geo-hazards.
BANKING AND ECONOMY
2. The Ministry of Electronics and Information Technology (Meity) has been appointed as the nodal ministry for
online gaming.
         • The department of sports under the ministry of youth affairs and sports has been notified as the nodal
         ministry for “eSports as part of multi-sports events”.
GDP FORECASTS
1. According to the Chief Economic Adviser to the Govt of India, Dr V. Anantha Nageswaran, Indian economy is likely
to grow 6.5% to 7% in 2023-24.
APPOINTMENTS
1. Senior bureaucrats Santosh Kumar Yadav has been appointed as the chairman of National Highways Authority of
India (NHAI).
         • Subhasish Panda, a 1997-batch IAS officer of the Himachal Pradesh cadre, has been appointed as Delhi
         Development Authority (DDA) vice chairman.
2. Ganji Kamala V Rao has been named the CEO of the Food Safety and Standards Authority of India (FSSAI).
IMPORTANT DAYS
1. December 27 - International Day of Epidemic Preparedness
1. 9th Atal Samman Samaroh was organized in New Delhi to honour personalities who played an important role in
various fields like political, religious, social, educational, film etc., on the birth anniversary of former Prime Minister
of the country Atal Bihari Vajpayee.
         • Prabhu Chandra Mishra has received the Atal Samman Award for his work in the field of
         science and research.
29-31dec***************************************************************************
National News
    1. Union Minister of Consumer Affairs, Food, and Public Distribution, Piyush Goyal, has launched the Rights to
       Repair portal and the new premises of National Consumer Helpline Centre.
                   • An MOU was also signed between the Ministry and IIT-BHU for undertaking the capacity
                       building programs of the consumer commissions.
2. India has handed over the Mangdechhu Hydroelectric Power Project (720 MW) to Druk Green Power
   Corporation (DGPC) in Bhutan.
  • With this project, India and Bhutan have successfully completed four mega hydroelectric power projects.
      The commissioning of the project has increased Bhutan’s Electrical Power Generation Capacity by 44%.
3. National Education Society for Tribal Students (NESTS), an autonomous society under the Ministry of Tribal
   Affairs, will organize 2-days’ face-to-face capacity building programme for Eklavya Model Residential
   School (EMRS)
• Purpose – to implement Amazon Future Engineer Program in collaboration with the Learning Links
    Foundation (LLF)
Knowledge Nuggets -
• Amazon Future Engineer is a comprehensive childhood-to-career program aimed at increasing access to computer scien
education for children and young adults from underserved and underrepresented communities.
• Amazon Future Engineer (AFE) Program is being launched in around 54 EMRSs across 6 States namely, Andhra Pradesh,
Gujarat, Madhya Pradesh, Odisha, Rajasthan, and Telangana in schools having access to digital infrastructure including a
computer lab and stable active internet connectivity.
4. The Department of Posts under Ministry of Communications has launched an ‘Online request Transfer
   Portal’ for Gramin Dak Sevaks (GDS).
                • India has the largest network of Post Offices in the world consisting of more than 1.56 lac
                   Post Offices across India, out of which more than 1,31,000 Branch Post Offices (BOs) are in
                   rural areas, where the Postal facilities are delivered by Gramin Dak Sevaks (GDS).
5. The Ministry for Electronics & Information Technology (Shri Ashwini Vaishnaw) has launched the “Stay Safe
   Online” campaign and the “G20 Digital Innovation Alliance” (G20-DIA).
                • The ‘Stay Safe Online Campaign’ aims to raise awareness among citizens to stay safe in the
                   online world due to the widespread use of social media platforms and the rapid adoption of
                   digital payments.
                        • The campaign will be carried out in English, Hindi and local languages to reach a
                            wider audience.
                • G20 Digital Innovation Alliance aims to identify, recognize, and enable the adoption of
                   innovative and impactful digital technologies developed by start-ups, from G20 nations as
                   well as the invited non-member nations.
                        • Areas of Innovation – Agri-tech, Health-tech, Ed-tech, Fin-tech, Secured Digital
                            Infrastructure, and Circular Economy
6. Shri Hardeep S. Puri, Union Minister of Housing & Urban Affairs and Petroleum & Natural Gas has
   launched ‘City Finance Rankings, 2022’ and ‘City Beauty Competition’ to take India’s Urban Rejuvenation
   journey to next level.
Knowledge Nuggets -
1. Union Agriculture Ministry has formed an Advisory Group for streamlining the development of the Bamboo
     sector.
• Functions of the committee – The members of the committee shall advise the Ministry of Agriculture & Farmers
     Welfare on issues and technologies in propagation, plantation of bamboo & intercropping, primary processing,
     product development, value addition, market infrastructure and linkages, processing machineries, skill
     development etc.
• Composition of Advisory Group          ▪ Chairperson – Union Agriculture Secretary
▪ Convenor – Mission Director of National Bamboo Mission         ▪ It also has representation of various stakeholders –
researchers, innovators, progressive entrepreneurs, farmer leaders, marketing specialists and policy makers.
➢ About Restructured National Bamboo Mission
• Objective: To bring the bamboo resources into the market value chain to reduce import and improve livelihood &
business opportunities.
• It is Centrally Sponsored Scheme. • Launch Year: 2018.▪ National Bamboo Mission initially launched in 2006.
• The restructured NDM includes market, value addition, product development, skill & R&D components.
• It is being implemented under the ‘National Mission for Sustainable Agriculture’.
• Implementation: It is being implemented in only 23 States (including NE and Hilly States) and UT of J&K
• Funding Pattern
▪ 60:40 between Centre and State Government for all States.▪ 90:10 between Centre and NE & Hilly states.
▪ 100% from Centre for Union Territories/ R&D institutes/ Bamboo Technology support Groups (BTSGs) and National
Level Agencies
Defence News
    1. Union Home Minister launched ‘Prahari’ app for Border Security Force (BSF) Jawans to provide personal and
        service-related information, housing, Ayushman- Central Armed Police Forces (CAPF) and leave related
        information to Jawans.
                     • The app will also connect the Jawans with the portal of the Ministry of Home Affairs.
Knowledge Nuggets –
    • Bhabha Atomic Research Centre (BARC) is India’s premier nuclear research facility headquartered in Trombay, Mumbai,
    Maharashtra.
    • After the demise of Dr Homi Jehangir Bhabha in 1966, AEET was renamed Bhabha Atomic Research Centre (BARC).
    • Director of BARC - Ajit Kumar Mohanty
Banking and Economy
   1. The Internet and Mobile Association of India has been selected to form a Self-Regulatory
       Organisation for online gaming.
                  • Ministry of Electronics & Information Technology (MeitY) has become the nodal ministry to
                       govern online gaming industry.
                  • Currently estimated at $2.2 billion, India’s online real-money gaming market is expected to
                       reach a value of $7 billion by FY26, according to the All-India Gaming Federation (AIGF).
                  • The market’s current compound annual growth rate (CAGR) is about 27%, making it the
                       fastest-growing segment in the $24-billion media & entertainment space.
    Knowledge Nuggets –
Indian Coast Guard conducts 24th National Oil Spill Disaster Contingency Plan and Preparedness Meeting in
Chennai
Indian Coast Guard (ICG) conducted the 24th National Oil Spill Disaster Contingency Plan (NOS-DCP) and
Preparedness Meeting in Chennai, Tamil Nadu on November 30, 2022. Director General, ICG Shri VS Pathania, who is
the Chairman of NOS-DCP, chaired the meeting. About 100 delegates, including representatives of various Ministries,
Central and State Government departments and agencies, State Pollution Control Board, Ports and Oil Handling
Companies participated. National capabilities with the common aim to ensure collective preparedness to respond to
any oil and chemical spill contingency in Indian waters were reviewed.
Union Minister for Agriculture and Farmers Welfare, Shri Narendra Singh Tomar has said that natural farming is the
need of the hour, in which the cost is less and the produce fetches more price. Natural farming will now be part of
the agricultural education. The government is making efforts in this direction to include soon the natural farming
methods in agricultural education curriculum. Shri Tomar said this as the chief guest at the National Workshop on
Natural Farming in Gwalior, organized by the Agricultural Technology Application Research Institute (ATARI),
Jabalpur and Rajmata Vijayaraje Scindia Agricultural University, Gwalior.
TECHNOX
➢ What: India's premier show on Technical Textiles - ‘Technotex2023’ will be held in Mumbai in February 2023.
• It has been organized under National Technical Textiles Mission
• Organisers: Ministry of Textiles in collaboration with FICCI
• It is focused on providing its attendees access and networking opportunities to meet top CEOs, manufacturers,
industry peers, purchase managers and suppliers from India and around the globe.
Two-Week Capacity building programmes for civil servants of Maldives and Bangladesh was unveiled at National
Centre for Good Governance (NCGG), Mussoorie. 27 civil servants from Maldives and 39 Civil Servants from
Bangladesh are taking part in these two programmes.This programme has been conceptualized in consonance
with Prime Minister Shri Narendra Modi’s vision of ‘Vasudhaiva Kutumbakam’ and ‘Neighbourhood First’ policy, and
India is helping neighbouring countries to build capacities of their civil servants to meet the emerging challenges in
governance and assured public service delivery to improve the quality of life of people.This capacity building
programme will help the civil servants in putting up dedicated efforts to fill in the gaps between policies and
implementation. It is scientifically tailored to equip them to deliver robust and seamless services to the
people.During the visit of Prime Minister of India Shri Narendra Modi to Maldives in 2019, National Centre for Good
Governance (NCGG), entered into an MoU with the Civil Service Commission, Maldives for capacity building of 1,000
Maldives civil servants by 2024. Similarly, an agreement was signed with the Govt of Bangladesh for the capacity
building of 1,800 civil servants by 2024.
PM’s Award for Excellence in Pub-Ad
➢ What: Ministry of Personnel, Public Grievances & Pensions has approved the Scheme for Prime Minister’s Awards
for Excellence in Public Administration 2022.
➢ Why: To acknowledge, recognize and reward exemplary work done by civil servants across the country
• Categories of Awards                                              ▪ Promoting Swachh Jal through Har Ghar Jal Yojana.
▪ Promoting Swasth Bharat through Health & Wellness Centres.
▪ Promoting quality education with an equitable and inclusive classroom environment through Samagra Shiksha.
▪ Holistic Development through Aspirational District Program. ▪ Innovations.
• PM’s Awards portal: It was launched in October 2022 for registration and submission nomination for awards.
Indian Railways break several records in freight loading during Financial Year-2021-22
Indian Railways breaches 1400 MT Freight Loading mark for 1st time in Financial Year-2021-22
Achieves incremental growth of 15 % with increase in freight loading from 1233.2 MT in FY- 2020-21 to 1418.1 MT
(provisional) in FY-2021-22
policy has been launched on 15.12.2021. The locations for GCTs are being identified/finalized on the basis of
demand from industry and potential of Cargo Traffic. So far, 6 GCTs have already been commissioned and around 74
more locations have been provisionally identified for development of GCTs. 1Andhra Pradesh 2Assam 3Bihar
4Chhattisgarh 5Delhi 6Gujarat 7Haryana
Extension of PM SVANidhi
➢ What: Ministry of housing and urban affairs has extended PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)
Scheme till December 2024
• The Scheme has been extended with following provisions –
• Introduction of 3rd loan of up to ₹50,000 in addition to 1st & 2nd loans of ₹10,000 and ₹20,000 respectively.
• To extend ‘SVANidhi Se Samriddhi’ component for all beneficiaries of PM SVANidhi scheme across the country
'Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA)' 2019 launched under Digital India Mission to
bridge the digital divide specially targeting rural population including the marginalised sections of society, women
and girls by covering 6 crore rural households As on 08.12.2022, the percentage of women benefited under
PMGDISHA is over 53% of total enrolled, over 54% of total trained and over 56% of total certified.
“Pradhan Mantri Surakshit Matritva Abhiyan” in 2016 with an aim to provide free of cost, assured, comprehensive
and quality antenatal care on the 9th day of every month universally to all pregnant women in their 2nd / 3rd
trimesters of pregnancy
Below are some of the main objectives of the scheme.
– Provide a healthy life to the pregnant women.
– Lowering the maternity mortality rate.
– Making pregnant women aware of their health issues/diseases.
– Making sure safe delivery and healthy life of the baby
The scheme is applicable only to the women in their pregnancy period of 3 to 6 months. The women who are not
fromm urban areas and belong to semi urban, poor and rural areas will be given preferences under the Surakshit
Matritva Abhiyan.
National Pharmaceutical Pricing Authority (NPPA), an attached office of the Department of Pharmaceuticals fixes
the ceiling price of all scheduled formulations specified in the first schedule of the DPCO, 2013.All manufacturers of
scheduled medicines have to sell their products within the ceiling price (plus applicable Goods and Service Tax) fixed
by the NPPA.
NATIONAL WATERWAYS
TO promote Inland Water Transport (IWT) in the country, 111 waterways (including 5 existing and 106 new) have
been declared as National Waterways (NWs) under the National Waterways Act, 2016 which came into effect from
12th April, 2016. Based on the outcome of techno-economic feasibility and Detailed Project Reports (DPRs) of NWs,
25 NWs which have been found viable by Inland Waterways Authority of India (IWAI) for cargo/ passenger
movement is at Annex-1. Development activities have been initiated in the first 13 NWs out of the 25 viable NWs.
Rs. 96.00 crore has been sanctioned for development of the stretch between Vijayawada to Muktayala in Krishna
River of NW-4 in Andhra Pradesh for following works:-
(i) Establishment of four Floating Pontoons,
(ii) Dredging as per requirement,
(iii) Land acquisition for construction of 3 Nos. of fixed Ro-Ro terminals at Muktayala, Harichandrapuram and
lbrahimpatnam.
During the last two years i.e. 2019-20 and 2020-21, Rs. 18.87 crore and Rs. 7.66 crore respectively has been allocated
to Andhra Pradesh
The UDAN Scheme is applicable for a period of 10 years from the date of notification of Scheme. The Government
has set a target to operationalize 1000 UDAN routes during the currency of the scheme and to revive/develop 100
unserved & underserved airports/heliports/water aerodromes by 2024. The Government of India has approved a
budget of Rs. 4500 crore for revival of existing unserved / underserved airports / airstrips of the State
Governments, Airports Authority of India, Public Sector Undertakings and Civil Enclaves. Airports Authority of
India (AAI), the Implementing Agency, monitors the progress for the revival/development of awarded aerodromes
under UDAN and the same is reviewed by the Ministry in consultation with stakeholders time to time.
Bureau of Water Use Efficiency has been set up by Government of India for promotion, regulation and control of
efficient use of water in irrigation, industrial and domestic sector
Atal Mission for Rejuvenation and Urban Transformation (AMRUT) was launched by Ministry of Housing and Urban
Affairs in 2015 in selected 500 cities and towns across the country. 4676 projects have been completed under it till
December 2022 of the total 5,873 projects worth Rs. 82,222 Crores undertaken by States/UTs
e-Green Watch portal portal has been developed by Forest Survey of India to provide userfriendly interactive
viewing of the forest fire related data for continuous monitoring and tracking of large forest fires in near real-time
basis
Ministry of Petroleum & Natural Gas has launched Sustainable Alternative Towards Affordable Transportation
(SATAT) initiative in 2018 for setting up of 5000 Compressed Biogas (CBG) plants for production of 15 Million Metric
Ton (MMT) per annum of CBG by 2023- 24
Ministry of Law and Justice has launched Centrally Sponsored Scheme for setting up Fast Track Special Courts
(FTSCs) in October 2019 for setting up of 1023 FTSCs for expeditious trial and disposal of cases related to rape and
Protection of Children from Sexual Offences (POCSO) Act, in pursuance to the Criminal Law (Amendment) Act 2018
The National Council for Hotel Management and Catering Technology (NCHMCT) recenlty unveiled a portal of
library and studies material. This will help to augment the online availability of study resources for further improving
education training and other research activities. Under Ministry of Tourism
100% Foreign Direct Investment (FDI) is allowed under automatic route for sale of coal, coal mining activities
including associated processing infrastructure subject as per reviewed FDI policy in the coal mining notified in 2020
Union Government has established two Defence Industrial Corridors (DICs) to achieve Aatmanirbharta and realise
the goal of ‘Make in India’. In which states these DICs in UTTAR PRADESH AND TAMIL NADU
In the year 2018-19, Ministry of Education launched Samagra Shiksha – an integrated scheme for School Education
covering children with special needs from classes I to XII. The Scheme is governed and regulated by the provisions of
the Right of Children to Free and Compulsory Education (RTE) Act, 2009. Section3(2) of RTE Act, 2009 deals with
elementary education of all differently abled children
Ministry of Environment, Forest and Climate Change has notified the Plastic Waste Management Amendment Rules,
2021 for prohibiting identified single use plastic items, which have low utility and high littering potential from 1st
July 2022. Under Environment (Protection) Act, 1986
To increase the forest cover in the country, afforestation programmes are being taken up under various Centrally
Sponsored Schemes of the Ministry of Environment, Forest and Climate Change such as National Mission for Green
India (GIM). GIM is one of the eight Missions outlined under the National Action Plan on Climate Change. It aims at
protecting, restoring and enhancing India’s forest cover and responding to Climate Change by undertaking plantation
activities in the forest and non- forest areas. it was GIM launched 2014
Ministry of Environment, Forest and Climate Change is implementing Nagar Van Yojana (NVY) since 2020 for
developing 400 Nagar Vans and 200 Nagar Vatika in the country. It aims to significantly enhance the tree and green
cover outside forests, enhance biodiversity and ecological benefits to the urban and peri-urban areas apart from
improving quality of life of city dwellers. For this, funds under the National Fund of the Compensatory Afforestation
Fund Management and Planning Authority (CAMPA) will be utilised. It is implementation period of this Scheme
frpm 2020-21 to 2024-25
‘Sahi Fasal’2019 campaign launched by National Water Mission to nudge farmers in the water stressed areas to
grow crops which are not water intensive, but use water very efficiently and are economically remunerative, healthy
and nutritious are environmentally friendly- suited to the agro-climatic-hydro characteristics of the area
Namami Gange Programme was launched in June 2014 for a period up to 31st March, 2021 to rejuvenate River
Ganga and its tributaries. The programme was subsequently extended up to 31 march 2026
Assam Rifles Paramilitary force, Khadi and Village Industries Commission (KVIC) has signed Memorandum of
Understanding to supply high quality kachhi ghani mustard oil
Developing Working Group – G20
➢ What: The first meeting of the Development Working Group under India’s G20 Presidency was held in Mumbai,
Maharashtra.
 ➢ Why: To focus on G20 collective actions for accelerating progress on the SDGs, and support to developing
countries in dealing with immediate concerns relating to food, fuel and fertiliser security. Developing Working Group
➢ About G20 Development Working Group
 • Objective: To discuss developmental issues in Developing Countries, Least Developed Countries and Island
Countries                                                 • Establishment: 2010 (at the G20 Toronto Summit)
• It is a platform for G-20 member countries to come together and prioritize multilateralism, share solutions that
promote growth and remap development plans.
• In 2016, it was entrusted responsibility for coordinating and monitoring policy actions across all G20 countries
related to the UN 2030 Agenda for Sustainable Development
The Central Board of Indirect Taxes and Customs has recently celebrated the completion of 60 years of enactment of
Customs Act, 1962. On this occasion Mascot for India Customs was released the name of this mascotOfficer hans
Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) was launched by Ministry of Power in December 2014 for rural
electrification works across the country. In 31 march 2019 was electrification of all villages and all willing Households
was completed under it (as reported by all State Governments
60.8% the percentage of rural workers including small and marginal farmers engaged in agriculture sector of the
country according to Periodic Labour Force Survey (PLFS), 2020-21 conducted by Ministry of Statistics & Programme
Implementation
India’s contribution 25.44% to global production for pulses in the year 2019 as per the Agricultural Statistics at a
Glance 2021
Agriculture and Agricultural Marketing is a State Subject. Even though, Central Government has made a provision for
Contract Farming in the Model Acts circulated to the States for their adoption. 15 states have provisioned Contract
Farming in their state APMC Acts, as per the Central Government’s Model APMC Act, 2003?
National Council of Educational Research and Training has developed a specific module on “Emotional Wellbeing
and Mental Health” under the aegis of School Health Programme under Ayushman Bharat
Under Phase-II of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme,
Rs. 1000 Crore has been allocated for the development of charging infrastructure. Under it, Ministry of Heavy
Industries has sanctioned 2,877 electric vehicle charging stations in _68_cities across 25 states/UTs
EV YATRA Web Portal and Mobile App has been launched by Bureau of Energy Efficiency to facilitate e-vehicle
navigation and promote e-mobility in the country
Under Gramin Krishi Mausam Seva Program, Survey of India in collaboration with IMD is issuing Agromet advisories
twice a week (Tuesday and Friday) to around 6 crore farmers of the country.
Council of Scientific & Industrial Research will be launching "One Week, One Lab" countrywide theme-based
campaign to ignite the minds of young innovators, students, Start-ups, academia, and industry to look for
opportunities through deep tech ventures
Ministry of Minority Affairs implements Shahari Waqf Sampatti Vikas Yojana through Central Waqf Council to
provide interest free loan to Waqf Institutions/Waqf Boards for taking up economically viable projects on the urban
waqf land such as commercial complexes, marriage halls, hospitals, cold storages etc
Indian Railway’s National Rail Plan has envisaged to increase share of freight traffic by rail from current share of
27% to 45% by 2030.
CDAC and National Education Society for Tribal Students (NESTS) has collaborated to develop an e-learning
platform i.e., Eklavya Learning Management System (ELMS) to enable a comprehensive learning environment for
students in Eklavya Model Residential Schools (EMRSs)
Ministry of Education had launched National Credit Framework (NCrF) to enable the integration of academic and
vocational domains to ensure flexibility and mobility between the two. It is an inclusive umbrella Framework to
seamlessly integrate the credits earned through school education, higher education, and vocational & skill
education. Released by 2022
Ministry of Personnel, Public Grievances and Pensions is celebrating 2nd Good Governance Week from 19th to 25th
December 2022. Prashasan Apke Ki Ore a nationwide campaign will be organised during this week to create a
national movement for good governance in furtherance of the initiative towards a citizen-centric approach of
governance
Government of India has increased the MSP for wheat for Rabi marketing season 2022-23. What is the MSP for this
season? Rs.2125/quintal
Make in India 2.0 is focused on 27 sectors. Out of 27 sectors,15 are in manufacturing sector and 12 are in service
sector
The Traditional Knowledge Digital Library (TKDL) is a pioneering Indian initiative, jointly implemented by the CSIR and
Ministry of AYUSH to prevent exploitation and to protect Indian traditional knowledge from misappropriation by way
of wrongful Intellectual Property Rights. It contains Indian traditional medicine knowledge from classical/ traditional
texts related to Ayurveda, Unani, Siddha and Sowa Rigpa, and Yoga techniques in a digitized format. It is available in
five international languages to patent examiners are these international languages (1) English (2) French (3) German
(4) Spanish (5) Japanese
Protection of Plant Varieties and Farmers’ Rights Act 2001 enacted by Parliament for the establishment of an
effective system for protection of plant varieties, the rights of farmers and plant breeders and to encourage the
development of new varieties of plants
As on 31 October 2022, a total of 172.72 GW of capacity from non-fossil fuel sources has been installed in the
country. Arrange the following in descending order as per the installation capacity
        ▪ Solar-61.63 GW.               ▪ Large Hydro-46.85 GW.          ▪ Wind-41.84 GW.
        ▪ Bio-Power-10.70 GW.           ▪ Nuclear Power-6.78 GW.         ▪ Small Hydro Power (SHP)-4.92 GW.
Central Government has been implementing Ethanol Blended Petrol (EBP) Programme throughout the country
wherein Oil Marketing Companies (OMCs) sell petrol blended with ethanol. Under EBP Programme, Government has
fixed the target of 10% and 20% blending of ethanol with petrol by 2022 and 2025 respectively.
The provisions mentioned in Schedule-II of the Mahatma Gandhi National Rural Employment Guarantee Act
(MGNREGA), 2005 wage seekers is entitled to receive payment of compensation for the delay, at the rate of 0.05%
of the unpaid wages per day of delay beyond the 16th day of closure of muster roll.
Operation NARCOS operation is being undertaken by Railways Protection Force to take action against trafficking of
Drugs via Railways as part of Indian Railways sincere efforts to curb drug trafficking through their network?
Total length of Dedicated Freight Corridor (DFC), a mega-infrastructure project undertaken by Indian Railways for
dedicated freight movement is 2843 km
Ministry of Earth Science under Samudrayaan Mission will be sending three personnel to 6000-metre depth in a
vehicle called ‘MATSYA 6000’ for the exploration of deep-sea resources like minerals
For increasing the production of Nutri-Cereals under National Food Security Mission (NFSM) programme, the NFSM-
Nutri Cereals is being implemented in 212 districts of 12 states
Headquarters of Unique Identification Authority of India organisation was awarded prestigious GRIHA Exemplary
Performance Award 2022, a top national level Green Building Award
Defence Acquisition Council, headed by Defence Minister has approved 24 Capital Acquisition Proposals of total
value of Rs.84,328 crore. 78.98% of these proposals will be procurement from indigenous sources
India under its updated Nationally Determined Contributions (NDCs) submitted to United Nations Framework
Convention on Climate Change (UNFCCC) in August 2022 has committed to reduce Emissions Intensity of its GDP by
45 percent by 2030, from 2005 level.
National Conclave on Techneev@75 is the culmination of the yearlong Techneev@75 program. Who had organised
it to bring together communities, societal change makers, and experts on one platform for absorption of science and
technology at the community level
[a] Ministry of Earth Sciences
[b] Ministry of Science and Technology
[c] Council of Scientific and Industrial Research
Madhukranti Portal has been launched under Central Sector Scheme- National Beekeeping and Honey Mission for
online registration and developing Blockchain system for traceability of source of honey and other bee products
VISVAS Scheme
• Objective – To provide financial assistance to SC and OBC self-help groups and individuals in the form of interest
subvention.       • Launch year – 2020 • Ministry – Ministry of social justice and empowerment
• Implementing agency - National Scheduled Castes Finance Development Corporation (NSFDC) and National
Backward Classes Finance and Development Corporation (NBCFDC)
• Eligibility – The beneficiary should have family income up to Rs.3 Lakhs
• Interest subvention ▪ 5% interest subvention for loans up to Rs.4 Lakhs in case of SHGs
▪ In case of individual beneficiaries, 5% interest subvention for loans up to Rs.2 Lakhs
   1 January 2023 Ministry of Social Justice & Empowerment has announced to waive off
   Registration/Diagnostics/Treatment fee at all National Institutes/ Composite Regional Centres (CRCs) under
   Department of Empowerment of Persons for Divyangjan having Unique ID for Persons with Disabilities (UDID) cards
   Unique Identification Authority of India has been awarded Data Security Council of India - Annual Information
   Security Summit (DSCI-AISS) Award for ‘Best Security Practices in Government Sector’
   The Cabinet Committee on Economic Affairs has approved Minimum Support Prices (MSPs) for Fair Average Quality
   of milling copra at Rs. 10860/- per quintal and for ball copra at Rs. 11750/- per quintal for 2023 season. This approval
   was based on recommendations of the Commission for Agricultural Costs and Prices and views of major coconut
   growing states. [a] National Agricultural Cooperative Marketing Federation of India Ltd [b] National Cooperative
   Consumers’ Federation act as Central Nodal Agencies (CNAs) for procurement of copra
   NHPC Limited has won ‘Best Globally Competitive Power Company of India – Hydropower and Renewable Energy
   Sector’ at PRAKASHmay ‘15th Enertia Awards 2022’
   The 46th meeting of the Executive Committee of National Mission for Clean Ganga (NMCG) was recently organised
   under the chairmanship of Director General, NMCG. It approved Afforestation Programmes for the year 2022-23 for
   Uttarakhand and Bihar
   During 46th meeting of the Executive Committee of National Mission for Clean Ganga (NMCG) project titled
   ‘Scientific exploration of floral diversity near the Ganga River banks for ethnobotanical purposes along with their
   conservation and economic development of the region via skill development programs’ was approved for all the five
   Ganga basin states. This project has three components 1) Plant Biodiversity Exploration (2) Training and Skill
   Development (3) Advanced Scientific Research & Experimentation
   Vadodara was ‘Bijli Utsav’ organised by REC Limited, a Maharatna Company under the Ministry of Power as a part
   of ‘Azadi Ka Amrit Mahotsav’ – to celebrate 75 years of Independence
Rbi
         1. Reserve Bank of India has approved the re-appointment of Baskar Babu Ramachandran as the MD &
            CEO of Suryoday Small Finance Bank for three years effective January 23, 2023.
   Infibeam Avenues Ltd., the country’s first listed payments infrastructure firm, has received Perpetual Licence from
   the Reserve Bank of India (RBI) for its bill payments business, BillAvenue.
         • The licence will allow BillAvenue to function as a Bharat Bill Payment Operating Unit (BBPOU)
             under Bharat Bill Payment System (BBPS).
         • As a BBPOU, BillAvenue operates as both biller and customer operating unit onboarding billers and agent
             institutions to service customers.
12. Reserve Bank of India (RBI) has imposed curbs on RazorPay and Cashfree Payments for on-boarding new merchants
    till they get the final Payment Aggregator (PA) licence.
13. AU Small Finance Bank, India’s leading small finance bank, has signed a bancassurance agreement with HDFC Life
    Insurance to sell the insurance products to bank’s customers.
3. B2B payments solutions provider PayMate has received ‘in-principle’ authorisation from the Reserve Bank of India
    (RBI) to operate as a payment aggregator.
• As per a report, the Indian payment gateways market stood at $1.2 Bn in 2021 and is expected to grow to $2.68
    Bn by 2027.
         Knowledge Nuggets -
        • Merchant aggregation also known as payment aggregation, is a business model where a
        third-party payment provider signs up merchants directly under its own merchant
        identification number (MID) to process transactions through a single master account.
        • In 2020, RBI released the Guidelines for Regulation of Payment Aggregators and Payment
        Gateways.
        • Highlights of the guidelines –
2. Central Government will allow a consortium of foreign funds and investment firms to own more than 51% in IDBI
   Bank.
• The current guidelines of the Reserve Bank of India (RBI) restrict foreign ownership in new private banks.
       4. RBI has launched the pilot project for operationalising the Central Bank Digital Currency (e₹-R) in retail
          mode, after its successful implementation at the wholesale level.
                      • In the first phase, the retail e-rupee pilot project has been launched in four
                           cities of Mumbai, New Delhi, Bengaluru, and Bhubaneswar on December 1.
                      • Four banks are controlling the launch of the retail e-rupee – SBI, ICICI Bank, Yes
                           Bank and IDFC First Bank.
                      • Future launch – Ahmedabad, Gangtok, Guwahati, Hyderabad, Indore, Kochi, Lucknow,
                           Patna, and Shimla, in collaboration with Bank of Baroda, Union Bank of India, HDFC Bank,
                           and Kotak Mahindra Bank
                      • The e₹-R will be issued in the same denominators as paper currency and coins and
                           distributed via banks.
        Knowledge Nuggets –
        • The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of Ind
        • The Central Office of the RBI was initially established in Kolkata but was permanently moved to Mumbai in 1937.
        • Initially, it was privately owned but in 1949, the RBI was nationalised.
        • The accounting year for the RBI was changed to April-March (earlier July-June) from the financial year 2020-21 onwards
        • The Reserve Bank's affairs are governed by a central board of directors.
        o Official Directors
         Full-time : Governor and not more than four Deputy Governors
        o Non-Official Directors
         Nominated by Government: ten Directors from various fields and two government Official
         Others: four Directors - one each from four local boards
        • Subsidiaries of RBI –
        (i) Deposit Insurance and Credit Guarantee Corporation of India (DICGC),
        (ii) Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL),
        (iii) Reserve Bank Information Technology Private Limited (ReBIT),
        (iv) Indian Financial Technology and Allied Services (IFTAS),
    (v) Reserve Bank Innovation Hub (RBIH)
    • Institutes Funded by the Bank –
    Kisan Sabha app has been launched by CSIR - Central Road Research Institute (CRRI) to connect farmers to the
    supply chain and freight transportation management system
    National Institute of High Security Animal Diseases institute under Indian Council of Agricultural Research (ICAR) has
    developed first indigenous ‘Inactivated low pathogenic avian influenza (H9N2) vaccine for chickens’
    Ministry of Jal Shakti in partnership with States is implementing Jal Jeevan Mission (JJM) to make provision of tap
    water supply to every rural household by 2024. Four States and three UTs so far have been reported as Har Ghar Jal,
    i.e. every rural household has provision of tap water supply (100% Coverage).
    (1) Goa           (2) Telangana (3) Gujarat       (4) Haryana    (5) Andaman & Nicobar Islands
    President Droupadi Murmu recently laid the foundation stone for the development projects of Bhadrachalam and
    UNESCO World Heritage Site at Rudreshwar Temple (Ramappa), Mulugu. Both of these projects have been approved
    under PRASHAD (National Mission on Pilgrimage Rejuvenation and Spiritual Heritage Augmentation Drive) Scheme.
    these cultural sites at Telangana
    Uttar Pradesh, Chattishgarh and Central TB Division, Indian Oil has signed a Memorandum of Understanding (MoU)
    to undertake intensified TB elimination project as part of its Corporate Social Responsibility
    Appointments of part-time members of National Medical Commission (NMC), Autonomous Boards, and Search
    Committee was done through draw of lots as per procedure laid down in NMC Act, 2019. 1 years is tenure of these
    appointments as per the NMC Act, 2019
    Kolkata was national conference on ‘Drinking Water Quality– Issues & Challenges’ organized by Ministry of Jal
    Shakti, supported by UNICEF, INREM Foundation and WaterAid
    The Economic Cooperation and Trade Agreement (ECTA) between India and Australia came into force on 29th
    December 2022
    Second edition of National Ganga Council meeting chaired by Prime Minister Narendra Modi held Kolkata
    With an objective of making quality generic medicines available at affordable prices to all, Pradhan Mantri Bhartiya
    Janaushadhi Pariyojana (PMBJP) was launched by Ministry of Chemicals & Fertilizers in November 2008. Under it,
    Government has set a target to increase the number of Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) to
    10,000 by March 2024
        • The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) is a non-profit, non-political
        organization that conducts agricultural research for development in the drylands of Asia and sub-Saharan
        Africa.
        • Est. - 1972
        • ICRISAT is headquartered in Hyderabad, Telangana State, in India, with two regional hubs (Nairobi, Kenya
        and Bamako, Mali) and country offices in Niger, Nigeria, Zimbabwe, Malawi, Ethiopia and Mozambique.
        • ICRISAT envisions a prosperous, food-secure and resilient dryland tropics.
8. Asian Development Bank (ADB) and ABIS Exports India Private Limited (ABIS) entered into an agreement to
   subscribe to non-convertible debentures for $16 million.
• Purpose – to enhance food security in India by supporting the construction of a micro fish feed plant and by training
   up to 6,000 farmers in climate-resilient fish farming practices as well as financial literacy
    Asian Development Bank (ADB) and the Government of India signed a $3 million project readiness
    financing (PRF) facility to support preparatory activities for designing a project to improve municipal
    infrastructure in priority areas of Agartala city, Tripura.
        • ADB financing will support the Tripura government in holistic planning and development of priority
            municipal infrastructure and help in the preparation of future investment-ready projects.
9. Asian Development Bank (ADB) and IIFL Home Finance Ltd., India’s fastest growing digital-first home finance
    company, organised ‘Kutumb’ event in Delhi.
        • Purpose – to discuss the scope around green affordable housing in India.
        • They launched ‘Kutumb’ with an event titled ‘Green Affordable Housing Ecosystem’ in Delhi.
        • In February 2022, IIFL HFL signed a $68 million loan with ADB to improve financial access to affordable green
            housing for the economically weaker sections and lower-income groups in India.
10. Asian Development Bank (ADB) has approved a $780 million multi-tranche financing facility to build new lines and
    improve the connectivity of the metro rail system in Chennai with the city’s existing bus and feeder services.
11. Asian Development Bank (ADB) approved a $300 million loan to upgrade more than 300 km of state highways and
    major district roads in Assam, including six road sections in the state’s western, central, and southern regions.
       • The project will strengthen the capacity of the Assam Public Works (Roads) Department in managing road
           assets, integrating climate and disaster resilience in road projects, and ensuring safeguards—such as
           environment, resettlement, and indigenous peoples concerns—are considered.
12. Asian Development Bank has approved a USD 250 million policy-based loan to India for strengthening and
    modernising India’s logistics infrastructure, improve efficiency, and lower costs.
1. Asian Development Bank (ADB) has forecasted a 7% GDP growth rate for 2022-23.
    • For 2023-24, the GDP growth has been kept unchanged at 7.2%.
    • Inflation in India is still expected to rise to 6.7% in 2022-23
 ->Asian Development Bank (ADB) signed a USD 125 million loan with the Government of India to develop climate-
 resilient sewage collection and treatment and drainage and water supply systems in three cities in the state of Tamil
 Nadu.
   • This is the third and the last tranche of the USD 500 million multi-tranche financing facility (MFF), approved by
        ADB in 2018, to build priority water supply, sewerage and drainage infrastructure in strategic industrial corridors
        across ten cities in the state.
        This tranche covers three loans covers Coimbatore, Madurai, and Thoothukudi.
4. Asian Development Bank (ADB) has ranked WAPCOS as the top consulting services firm in the water and other
   infrastructure sectors, with the highest sanctioned financed amount, in its Annual Procurement Report 2022.
                       • WAPCOS is a Government of India Enterprise under the Ministry of Jal Shakti.
Knowledge Nuggets –
        • WAPCOS was founded in 1969 for utilizing India's knowledge and expertise in the field of water resources by sharing and
        exporting technology to friendly developing nations.
        • Water and Power Development Consultancy Services (India) Limited was renamed "Water and Power Consultancy
        Services (India) Limited" in 1979.
        • WAPCOS has successfully completed or is currently completing consulting projects in more than 51 countries across Asia
        Africa, the CIS, the Pacific Islands, and South America.
     Government of India and Asian Development Bank (ADB) has signed a $125 million loan to develop climate-resilient
    sewage collection and treatment, and drainage and water supply systems in three cities of Tamil Nadu
    SEBI
10. Sebi has restructured its advisory committees pertaining to foreign portfolio investors (FPIs) and social stock
    exchange.
• Chair of FPI Advisory Committee (16 members) – Hasmukh Adhia (former finance secretary)
• Chair of Social Stock Exchange (18 members) – R Balasubramaniam (chairman of Grassroots Research and Advocacy
    Movement (GRAAM)
        Knowledge Nuggets –
        • The idea of the Social Stock Exchange was first floated by Finance Minister Nirmala
        Sitharaman in her Budget speech for the financial year 2019-20.
        • In July 2022, SEBI introduced the social stock exchange framework.
        • The SSE will be established as a separate segment of the BSE.
12. SEBI has formed a 20-member panel, chaired by former Shiavax Jal Vazifdar (Chief Justice of Punjab and Haryana
    High Court), to review corporate takeover rules.
• The panel will have to advise the regulator on simplifying and strengthening the current norms by adopting
    appropriate global practices.
5. SEBI has increased the investment limit of mutual funds (MFs) in debt instruments issued by a single issuer
   to 12% of the net asset value from 10%.
• The single-issuer instruments will include money market securities and non-money market securities re-rated
   investment grade or above by a credit rating agency.Important Days
10. SEBI has reduced the timeline for listing of debt securities issued on a private placement basis to three days.
• Currently, the timeline is four days (T+4) and the latest move aims to reduce the timeline to T+3.
• The new guidelines would come into effect from January 1, 2023.
• Sebi has listed out the steps involved in pre-listing and post-listing along with relevant timelines, both
    through Electronic Book Provider (EBP) platform and otherwise.
11. IDFC Asset Management Company Limited (AMC), one of the top 10 AMCs in the country, has received regulatory
    clearances from SEBI for its acquisition by consortium comprising Bandhan Financial Holdings Limited, GIC,
    and ChrysCapital.
• The IDFC AMC will be renamed as Bandhan Mutual Fund.
12. Tata Play (formerly Tata Sky) has become the first company to take the pre-filing route for its initial public
    offering (IPO).
• The direct-to-home platform has pre-filed its draft red herring prospectus (DRHP) confidentially with the Securities
    and Exchange Board of India (Sebi).
13. IIFL Mutual Fund has launched India’s first passive tax saver fund named IIFL ELSS Nifty 50 Tax Saver Index Fund.
• The fund is launched, almost six months after the Securities and Exchange Board of India (Sebi), introduced the
    passive alternative in the Equity Linked Savings Scheme (ELSS) space.
• Parijat Garg is the dedicated fund manager for this fund.
4. SEBI has revised rules related to foreign investment in alternative investment funds (AIFs).
• At present, SEBI rules allow AIFs to raise funds from any investor – whether Indian, foreign or non-resident Indian –
   by way of issue of units.
• AIFs may accept commitments from a government or government-related investor that does not meet the signatory
   condition, if the investor is a resident in the country as approved by the Indian government.
• According to SEBI’s guidelines, the investor or its underlying investors contributing 25% or more in the corpus of the
   investor, should not be mentioned in the sanctions list of the United Nations Security Council.
• The investor must not be a resident of a country identified by the Financial Action Task Force as a jurisdiction having
   anti-money laundering deficiencies.
• In case an investor who has been onboarded to the scheme of an AIF does not subsequently meet these conditions,
   the manager of the AIF should not draw down any further capital contribution from such an investor, until the said
   conditions are met.
14. The Securities and Exchange Board of India (Sebi) has introduced performance benchmarking and
    categorisation for the portfolio management services (PMS) industry.
• It will help investors assess and compare the performance of service providers. The move will come into effect from
    April 1, 2023.
• SEBI directed portfolio managers to adopt an additional layer of broadly defined investment strategies categorised
    as equity, debt, hybrid, and multi-asset.
• SEBI has laid out a framework for the orderly winding down of critical operations and services of clearing
    corporations (CC).
• Under this framework, CCs will have to develop standard operating procedures (SOPs) detailing about their essential
    services so as not to cause any disruption to the financial system after the winding up of the corporation.
1. SEBI has approved the amendment to its buyback regulations which allows the gradually phase out of share
    buyback option through stock exchange route.
         • Until then, a separate window will be created on the stock exchanges to conduct such repurchases.
         • At present, for share buyback, companies have both the options of stock exchange and tender offer.
         • Minimum utilisation of amount for buyback through stock exchange has been increased to 75% from 50%
             currently.
2. National Stock Exchange of India (NSE) received in-principle approval from SEBI to set up a Social Stock
   Exchange (SSE) as a separate segment of the NSE.
             • In October 2022, Bombay Stock Exchange got the approval from SEBI to set up a Social Stock
                 Exchange (SSE) as a separate segment of the
             • The SSE will issue ‘zero coupon, zero principle’ securities.
                 The minimum issue size is Rs 1 crore and the minimum application size is Rs 2 lakh.
   1. SEBI has expanded two of its committees--High Powered Steering Committee on Cyber Security (HPSC-CS) and
   Information Systems Security Committee (ISSC)-- to strengthen cyber security frameworks and cyber resilience
   requirements.
            • High Powered Steering Committee on Cyber Security –
            o Total members – 8 (earlier 6)
            o Chair - Navin Kumar Singh (DG at National Critical Information Infrastructure Protection Centre (NCIIPC)
   o New members - G Padmanabhan (ex-executive director in RBI), and Sushil Kumar Nehra (Additional Director, Cyber
   Security Division, MeitY)
            • Information Systems Security Committee (ISSC) –
            o Total members – 7 (earlier 6)                                  o Chair - Prof Krishnamurthy
   SUMMIT
7. The 7th edition of the Global Technology Summit was held in New Delhi in a hybrid format.
• The Summit is India’s annual flagship event on Geotechnology and is co-hosted by the Ministry of External
   Affairs and Carnegie India.
• Theme – ‘Geopolitics of Technology’
2. IIT-Madras and the Deakin University in Australia have launched Australia-India Centre for Energy (AICE) to achieve
   the 2030 SDGs.
• The Australia-India Centre for Energy (AICE) is a virtual centre that will promote collaboration among universities,
   research institutes and industry from India and Australia in the energy domain.
• It will be launched during the 3-day Energy Summit 2022, hosted by IIT Madras in December 2022.
Knowledge Nuggets –
        • Australia is the largest country by area in Oceania and the world's sixth-largest country.
        • Politically, Australia is a federal parliamentary constitutional monarchy, comprising six
        states and ten territories.
        • Canada, Australia, and New Zealand, Antigua and Barbuda, The Bahamas, Belize,
        Grenada, Jamaica, Papua New Guinea, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and
        the Grenadines, Solomon Islands, and Tuvalu are the Commonwealth Group of
        Countries which accept England’s monarchy as the Head of the State.
        • Important cities of Australia – Sydney (most populous city and financial centre),
        Melbourne, Brisbane, Perth, and Adelaide.
7. The 3rd edition of Odisha’s flagship investment summit named “Make in Odisha Conclave 2022”.
• Altogether 741 proposals worth around Rs 10.5 lakh crore spanning across minerals, metals, renewable and green
   energy, aerospace and defence sectors were received in the past three days.
3. 1st Sherpa Meeting of India’s G20 Presidency was held in Udaipur, Rajasthan.
• The Jal Sanjhi art form is an incredible 300-year-old Rajasthani rare art form where the canvas is the surface of
   water. Rajesh Vaishnav, a Jal Sanjhi Artist, created a beautiful piece of art for all the guests to view and appreciate.
        Knowledge Nuggets
3. The first China-Gulf Cooperation Council (GCC) Summit was held at the King Abdulaziz International Conference
   Center in Riyadh.
4. Union Minister for Jal Shakti Shri Gajendra Singh Shekhawat inaugurated the 7th Edition of the India Water Impact
   Summit (IWIS) at New Delhi.
• The theme of this year’s Summit is ‘Restoration and Conservation of Small Rivers in a Large Basin’ with emphasis on
   the select aspects of ‘Mapping and Convergence of 5Ps’ – People, Policy, Plan, Programme and Project.
• An online learning platform named PtB was launched in collaboration with Germany to strengthen quality
   infrastructure water monitoring of the river Ganga.
•   This will be done through the data collected in the river basin of Ganga to monitor water quality based on recognized
    quality-assurance measures.
1. G7 countries have created an International Climate Club for countries that want to cooperate in the fight against
   global warming.
• The climate club aims to support the rapid and ambitious implementation of the Paris Agreement, which seeks to
   limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit).
• G7 Presidency in 2022 – Germany
• G7 Presidency in 2023 – Japan
Knowledge Nuggets -
        • G 7 is an international informal finance group consisting 7 industrialized nations Canada, France, Germany,
        Italy, Japan, the United Kingdom, and the United States.
        • G 7 was established in 1975 to facilitate economic cooperation among the world’s largest industrial nations.
        • Summits -
        o 48th summit (2022) – Germany
        o 49th summit (2023) – Japan
        o 50th summit (2024) – Italy
1. At the “India SatCom 2022” event in New Delhi, the Telecom Regulatory Authority of India’s Chairman PD
   Vaghela has announced to conduct the world’s first auction of satellite communication spectrum.
• The India SatCom 2022 event is the 8th edition of the international summit of the Broadband India Forum.
Knowledge Nuggets -
        • The Telecom Regulatory Authority of India (TRAI) was established under the Telecom Regulatory Authority of India
        Act of 1997.
        • HQ – New Delhi
1. High Ambition Coalition (HAC) for Nature and People has announced the formation of a new
   permanent Secretariat to be co-hosted by the World Resources Institute (WRI) and the Global Environment
   Facility (GEF).
    • This coalition is an intergovernmental group of 116 countries co-chaired by Costa Rica and France and by
         the UK as Ocean co-chair.
    • The coalition was officially launched at the One Planet Summit in Paris in 2021
 2. ACC has won the National Award for Safety Excellence (2021-22) at the 10th Global Safety Summit (GSS) in
    the Large Enterprise-Cement Manufacturing sector.
    • The award was instituted by the Fire and Safety Forum and United Nations Global Compact Network India.
    • GSS is India’s First International Certification and Assessment Body, developing the certification guidelines as
         per the American National Standard Institute, United States of America.