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Current Affairs 04 December 2020
Daily Current Affairs 04 December 2020: This post contains the latest current affairs for 04 December 2020 that are important for all competitive exams like Bank, SSC, IBPS, SBI exams. You can also attempt our Current Affairs Quiz after reading our daily current affairs.
Banking & Economy
RBI directs HDFC bank to stop issuance of new credit cards
- The Reserve Bank of India has advised HDFC Bank to temporarily stop:
-
- launch of the digital business activities planned under its Digital 2.0 program (to be launched) and
- issue of new credit cards to customers
- This step has been taken by RBI in view of repeated outages in the HDFC bank’s internet banking/ mobile banking/ payment utilities over the past two years. The latest such event occurred on November 21, 2020. The reason given by HDFC bank for this was power failure in its primary data centre.
- RBI in ts order to HDFC bank, has advised the Bank’s Board to examines the lapses and fixes accountability.
National
Ninth edition of International Sand Art Festival & Konark Festival 2020 begins in Odisha
- The 9th edition of the International Sand Art Festival and the 31st edition of the Konark Festival, has kicked-off in Odisha. The five days event has been organised from 01 December 2020 till 05 December 2020.
- International Sand Art Festival is being held at the Chandrabhaga Beach of Konark in Puri district of Odisha.
- About 70 artists from across the country are taking part in the festival.
- The world-renowned sand artist and Padmashree Awardee, Sudarsan Pattnaik, has been appointed as Chief Curator of the festival.
- The festival is organised every year as part of the Konark Dance Festival, to provide a platform for both national and international sand artists to showcase their talent. However, in 2020 international artists are not participating due to the ongoing global Covid-19 pandemic.
- Meanwhile, the Konark Festival is organised by Odisha Tourism to showcase the best of India’s traditional and classical dance forms, and offer interesting insights into the rich cultural heritage of the country.
- Leading exponents and dance enthusiasts of almost all classical dance forms of India, including Odissi, Bharatanatyam, Manipuri, Kuchipudi and Kathak, are participating in the five-day classical dance carnival.
Agreement
India & USA signs MoU on Intellectual Property Cooperation
- The Government of India and United States of America (USA) have signed a Memorandum of Understanding (MoU) in the field of Intellectual Property Cooperation on 2nd December 2020.
- The Union Cabinet had approved the signing the MoU for the same on 19 February 2020.
- The MoU was signed between Dr. Guruprasad Mohapatra, Secretary, DPIIT and Mr. Andrei Iancu, who represented the Department for Promotion of Industry and Internal Trade(DPIIT), Ministry of Commerce and Industry and United States Patent and Trademark Office (USPTO), Department of Commerce of the United States of America respectively.
- As a part of this MoU, the two side will develop Biennial Work Plan to implement the MoU which will include the detailed planning for carrying out of the co-operation activities including the scope of action.
Ranking
Nongpok Sekmai in Manipur Adjudged as India’s Top Police Station for 2020
- The Ministry of Home Affairs, Government of India releases the list of best performing Police Stations across the country every year, to incentivize more effective functioning of police stations and bring healthy competition among them.
Top 5 Police Stations for 2020
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State
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District
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Police Station
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Manipur
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Thoubal
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Nongpok Sekmai
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Tamil Nadu
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Salem City
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AWPS-Suramangalam
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Arunachal Pradesh
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Changlang
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Kharsang
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Chhattisgarh
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Surajpur
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Jhilmili (Bhaiya Thana)
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Goa
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South Goa
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Sanguem
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- The top 10 Police Stations were selected from among the 16,671 Police Stations in the country through data analysis, direct observation and public feedback.
- The parameters used were
- Property offence
- Crime against women
- Crime against weaker sections
- Missing persons, unidentified found person and unidentified dead bodies.
HCL Tech Chairperson Roshni Nadar tops Kotak Wealth-Hurun wealthy women list 2020
- Roshni Nadar Malhotra, Chairperson of HCL Technologies topped the list of wealthiest women in India, according to the second edition of ‘Kotak Wealth Hurun–Leading Wealthy Women’ report.
- The report is compiled by Kotak Wealth Management, a division of Kotak Mahindra Bank, and Hurun India.
- Kiran Mazumdar-Shaw of Biocon and Leena Gandhi Tewari of USV are at the second and third rank respectively in the Kotak Wealth Hurun wealthy women list 2020.
- Shaw is also the wealthiest self-made woman on the list.
- 19 women from this list also feature in the Hurun India Rich List 2020, and 6 women have made it to the Hurun Global Rich List 2020.
- The ranking is based on the net worth of women as on September 30, 2020 and focuses exclusively on women who play an active role in their family business, entrepreneurs and professionals.
Reliance Industries tops Fortune India 500 Ranking 2020
- Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) has topped the 2020 Fortune 500 list of Indian companies, released on 2nd December 2020.
- The revenue of RIL clocked Rs 615,854.00, accounting for 7% of cumulative revenues and 11 percent profit of the companies.
- The country’s biggest oil firm, Indian Oil Corporation Ltd (IOC), bagged the second spot, followed by Oil and Natural Gas Corporation (ONGC) at the third position.
- The list was published by Fortune India, which is part of the Kolkata-based RP Sanjiv Goenka Group.
Top 10 companies on the 2020 Fortune India-500 list:
- Reliance Industries
- Indian Oil Corporation
- Oil and Natural Gas Corporation
- State Bank of India
- Bharat Petroleum Corporation
- Tata Motors
- Rajesh Exports
- Tata Consultancy Services
- ICICI Bank
- Larsen & Toubro
Dawid Malan of England creates history with highest-ever rating points in T20I: ICC T20 Batsmen Ranking
- Left-handed batsman Dawid Malan of England has attained the highest-ever rating points for batsmen in the MRF Tyres ICC Men’s T20I Player Rankings, released on 2nd December 2020.
- The 33-year-old Malan has reached 915 points, and thus became the first player to cross the 900-point mark in the format.
- Before him, Australia’s Aaron Finch reached exactly 900 points in July 2018.
- Babar Azam (871) of Pakistan and Aaron Finch (835) of Australia is second and third in the list.
- India’s Lokesh Rahul is at fourth position, while Virat Kolhi’s rank has dropped to 9th in the list.
Days
Indian Navy Day: 04 December
- In India, December 4 is observed as the National Navy Day every year, to celebrate the achievements and role of the naval force to the country.
- The Theme of 2020 Navy Day is “Indian Navy Combat Ready, Credible & Cohesive”.
Why is Indian Navy Day observed?
- The day is marked in recognition of the launch of Operation Trident during the Indo-Pakistan war in 1971.
- During Operation Trident, on December 4 in 1971, the Indian Navy sank four Pakistani vessels and also killed over 500 Pakistani Navy personnel, meanwhile, the Indian side suffered no losses.
Extra Points to Remember:
- The Maratha Emperor, Chhatarpati Shivaji Bhosle of the 17th century is considered as “Father of the Indian Navy”.
- The Indian Navy is the marine branch of the Indian Armed Forces and is led by the President of India as Commander-in-Chief.
Obituary
MDH Spices owner Mahashay Dharampal Gulati passes away at 98
- ‘Mahashay’ Dharampal Gulati, the owner of spices company ‘Mahashian Di Hatti’, popularly known as MDH, has passed away after he suffered a cardiac arrest. He was 98.
- Gulati was known as the ‘‘The king of spices”, and fondly called ‘dalaji’ and ‘Mahashayji’ by his near and dear ones.
- Dharampal Gulati was born in 1923 in Sialkot, Pakistan and moved to India after partition in 1947.
- He officially established his company in 1959 and MDH now has more than 60 products.
- Gulati was honoured with the third highest civilian award, ‘Padma Bhushan’, in 2019.
‘World’s greatest athlete-turned actor’, Rafer Johnson, who acted in a James Bond movie passes away at 86
- American decathlete and film actor, Rafer Johnson, who was 1960 Olympic gold medalist in the decathlon, has passed away. He was 86.
- After he retired from athletics, Johnson turned to acting and appeared in a number of films, including the James Bond film Licence to Kill in 1989.
Pizza Hut co-founder Frank Carney passes away from pneumonia at 82
- American entrepreneur Frank Carney, who along with his brother Dan, started the Pizza Hut empire in the US city of Wichita, has passed away from pneumonia. He was 82.
- Carney had recently recovered from Covid-19, but had Alzheimer’s disease for more than a decade and pneumonia is common in Alzheimer’s patients.
Former French President Valéry Giscard d’Estaing passes away of coronavirus at 94
- Valery Giscard d’Estaing, the former President of France has passed away at the age of 94, from the complications of coronavirus.
- Giscard had served as the third president of the Republic of France from 1974 to 1981.
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