December 1 – Current Affairs Quick Gyan

Dear Friends,

Welcome to the Quick Gyan (QG) Section of D2G. QG is just a glimpse of what happened today all over the world.

Only For Serious Candidates : We strongly recommend you to read the Current Affairs in detail. For your convenience, we have provided quick links under each update. Make use of it.

Always Keep Yourself Updated!!!

1. Saudi Arabia for 1st time allows women to vote in local elections

Saudi female candidates running for municipal councils have begun campaigning in elections, marking the first time women are allowed to vote and contest polls in the kingdom. Around 865 women are among 6,140 Saudis standing in the local elections due to be held on December 12, according to official figures. Two thirds of seats at the kingdom’s 284 councils are up for grabs. The other third of members will be appointed by the government.  Women’s participation in the polls, the third of their kind in the oil-rich Gulf country, was decreed in 2011 by the-then King Abdullah. The monarch, who died in January, had also ordered that 20 per cent of members of the kingdom’s quasi-parliament, the Shura Council, be females.

Quick Link – Women to vote in Local Election

2. India re-elected as Member of International Maritime Council

India has been re-elected unopposed to the Council of the International Maritime Organization [IMO] under Category “B” at the 29th session of the Assembly of the IMO held in London. The 29th Session of the IMO Assembly is being held at IMO Headquarters London from 23 November to 02 December, 2015. India’s overseas seaborne EXIM trade, which is presently about 600 million tonnes per annum, is expected to be quadrupled to about 2,200 million tons by the year 2020. In value terms, the commensurate figures thereof are in the region of US$ 900 billion and US$ 2100 billion respectively.

Quick Link – IMO

3. 1st December: World AIDS Day

World AIDS Day is held on the December 1st every year since 1988. This day is an opportunity for people worldwide to unite in the fight against HIV, show their support for people living with HIV and to commemorate people who have died. Globally there are an estimated 34 million people who have the virus. Despite the virus only being identified in 1984, more than 35 million people have died of HIV or AIDS, making it one of the most destructive pandemics in history. World AIDS Day is important because it reminds the public and Government that HIV has not gone away – there is still a vital need to raise money, increase awareness, fight prejudice and improve education.

The theme of World Aids Day 2015 is: Getting to zero; end Aids by 2030.

Quick Link – World AIDS Day

4. Russian legendary film Director Eldar Ryazanov passes away

The legendary film director Eldar Ryazanov died in Moscow at the age of 88. In the last year, Ryazanov was hospitalized several times. In November, 2014, he was hospitalized in Burdenko Neurosurgery clinic in a sad plight, and was later released in January, 2015.  The People’s Artist of the USSR, Eldar Ryazanov, was a Soviet film director, screenwriter and actor, most well known for his satirical comedies – “Old Men – Robbers,” “Unbelievable Adventures of Italians in Russia,” “Office Romance,” “Station for Two,” “Garage” and many others.

Quick Link – Eldar Ryazanov

5. GOI launches IPV injection as part of global polio endgame strategy

JP Nadda, Union Minister for Health and Family Welfare launched the injectable Inactivated Polio Vaccine (IPV) in India as part of its commitment to the “Global Polio Endgame Strategy”. GOI is introducing IPV into its routine immunization program along with oral polio vaccine. In the first phase this vaccine will be introduced in six states, viz Assam, Gujarat, Punjab, Bihar, Madhya Pradesh, and Uttar Pradesh. IPV injection will be given to children below one year of age along with the third dose of the Oral Polio Vaccine (OPV) at the routine immunization sessions free of cost.

6. PM Narendra Modi eighth in TIME Person of the Year Poll

Prime Minister Narendra Modi is currently among the top 10 people in the Time Person of the Year readers’ choice poll, in the company of Nobel Peace Prize winner Malala Yousafzai and Pope Francis. Although Democratic presidential candidate Bernie Sanders (10.5 percent) continues to lead the poll, Modi with a vote share of 2.7 percent was in the eighth place as of Monday evening, while Pakistani activist Malala (5.9 percent) was in second place and Pope Francis (3.9 percent) in third.

Quick Link – TIME Person of the Year

7. AK Jain to be acting chairman of CBDT

Senior revenue officer AK Jain has been appointed as the acting Chairman of the CBDT following the retirement of its Chairperson Anita Kapur. Jain, a 1978 batch Indian Revenue Services Officer, will be holding additional charge as chairperson of Central Board of Direct Taxes, the apex policy making body of theIncome Tax department. He is at present Member (Personnel and Vigilance) of CBDT, official sources said.

Quick Link – AK Jain

8. Syria conflict: German cabinet approves IS mission

The German cabinet has backed plans for military support in the fight against Islamic State (IS) militants in Syria. Tornado reconnaissance aircraft, a naval frigate and a 1,200-strong force will be sent to the region under the proposals. Germany decided to join the fight against IS after an appeal by French President Francois Hollande in the wake of the 13 November Paris attacks. Its forces will not engage in combat. MPs are expected to back the mission, which would become Germany’s biggest current military operation abroad.

According to German Defense Minister Ursula von der Leyen and Foreign Minister Frank-Walter Steinmeier, the suggested mandate would initially be intended to last for 12 months until December 2016, as is common practice with German involvement in foreign conflicts.

Quick Link – IS Mission

9. IMF gives China’s currency prized reserve asset status

The International Monetary Fund admitted China’s yuan into its benchmark currency basket. It is a victory for Beijing’s campaign for recognition as a global economic power. The decision to add the yuan, also known as the renminbi, to the Special Drawing Rights (SDR) basket alongside the dollar, euro, pound sterling and yen, is an important milestone in China’s integration into global finances and a nod to the progress it has made with reforms.

To meet the IMF’s criteria, Beijing has undertaken a flurry of reforms in recent months, including better access for foreigners to Chinese currency markets, more frequent debt issuance and expanded yuan trading hours.

10. RBI Sees Growth Recovery But Retains GDP Projection at 7.4%

As per the Central Statistics Office (CSO), India’s GDP accelerated to 7.4 per cent in the July-September quarter, overtaking China as the world’s fastest growing major economy, on pick up in manufacturing, mining and services sectors. Announcing the Fifth Bi-monthly Monetary Policy Statement of the current fiscal, Rajan said provisional estimates of gross value added (GVA) at basic prices for Q2 of 2015-16 rose on the back of acceleration in industrial activity.

The GVA, a new concept introduced by CSO to measure the economic activity, also accelerated during the second quarter to 7.4 per cent, from 7.1 per cent in the April-June period. Recent policy initiatives relating to rail, port and road projects are likely to improve construction activity, as will the Reserve Bank’s countercyclical reduction of capital charges on low income housing loans, albeit with gestation lags.


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