Read : Current Affairs: 14th December, 2020

Posted on :- 2020-12-15 10:34:02
Source :- The Hindu Newspaper


Current affairs (14th DECEMBER)



















  • Prime Minister Narendra Modi has delivered the inaugural address at FICCI’s 93rd Annual General Meeting (AGM) and Annual Convention via video conferencing.


  • Federation of Indian Chambers of Commerce and Industry (FICCI) has organised the convention from December 11 to 14, 2020. The theme for the FICCI 93rd AGM is ‘Inspired India’.


  • The Prime Minister also inaugurated the virtual FICCI Annual Expo 2020. It was started from 11 December 2020 and will continue for a period of a whole year.


  • FICCI AGM is the annual high-powered flagship event where Cabinet Ministers, Secretaries to Govt of India, Global Industry Captains, Diplomats, Political party leaders, and other thought leaders participate.


  • More than 10000 delegates are virtually participating in this mega event from across the globe.


  • The Expo is a one-of-its-kind virtual event in the country focused on the manufacturing and services sectors, which will provide an opportunity to exhibitors from across the globe to showcase their products and advance their business prospects.




  • The Narcotics Control Bureau (NCB), India and the Central Committee on Drug Abuse Control, Myanmar conducted the 5th edition of the India- Myanmar Bilateral Meeting on Drug Control Cooperation.


  • The Indian delegation was led by the Director-General Narcotics Control Bureau, Shri Rakesh Asthana. The Myanmar delegation was led by Pol. Brig. Gen. Win Naing. the Commander of the Drug Enforcement Division (DED) cum Joint Secretary of the Central Committee for Drug Abuse Control.


  • Both countries agreed on the exchange of intelligence information in a timely manner to conduct follow-up investigations in drug seizure cases, new psychotropic substances and their precursors.


  • They also agreed to conduct Border Level Officers/Field Level Officers meetings on regular basis between frontline officers to strengthen the existing cooperation on drug law enforcement.


  • It was decided to exchange information on illegal entry and exit points of illicit drug trafficking on the Myanmar-India borders and information on the technology being used to interdict drug trafficking.



  • Indian Prime Minister Narendra Modi and Uzbekistan President Shavkat Mirziyoyev co-chaired the virtual Summit held between the two countries, to strengthen strategic partnership among them.


  • The Government of India also approved a US $448 million Line of Credit for four developmental projects in Uzbekistan in the fields of road construction, sewerage treatment and information technology.


  • India and Uzbekistan signed nine Agreements and Memorandum of Understandings (MoUs) in various areas including in the field of:


Solar Energy

Digital Technologies

High Impact Community Development Projects

Trade, Economic and Investment Cooperation

Defence and Security

Civil Nuclear Energy


Culture, Education and People-to-People Contacts




  • Bombay Stock Exchange (BSE) Ltd. has launched an electronic spot platform, “BSE E-Agricultural Markets Ltd (BEAM)”, for agricultural commodities through its subsidiary BSE Investments Ltd.


  • The platform aims to boost the competitiveness of the Indian agricultural market by enhancing the strength of the BSE in financial markets, market technology and its vibrant ecosystem.


  • BEAM will function as a national level, institutionalised, electronic, transparent commodity spot trading platform in line with the Prime Minister’s vision to create a single market.


  • With the help of BEAM, farmers in one state will be able to reach out to markets in other states and auction their produce.


  • The farmers will be able to discover the best prices for their products based on the quality, as well as build capacity to help intermediaries, processors and exporters procure from states.


  • BSE is Asia’s first & world’s fastest Stock Exchange with a speed of 6 microseconds. It is one of India’s leading exchange groups


  • BSE Establishment year:
  • BSE Headquarters: Mumbai, Maharashtra.
  • MD and CEO of BSE: Ashish Kumar Chauhan.




  • Indian Space Research Organisation (ISRO) will launch a communication satellite CMS-01, formerly named GSAT-12R, on December 17, using its Polar Satellite Launch Vehicle (PSLV) rocket’s XL variant numbered as PSLV-C50.


  • The CMS-01 will be a replacement for GSAT-12 that weighed 1,410 kg and was launched on July 11, 2011, with a mission life of eight years.


  • CMS-01 is a communication satellite envisaged for providing services in Extended-C Band of the frequency spectrum, which will include the Indian mainland, Andaman and Nicobar and Lakshadweep Islands.


  • The 42nd communication satellite of India, it will have a mission life of seven years. The 44-metre-high four staged/engine PSLV-C50 is the 22nd flight of PSLV in ‘XL’ configuration (with six strap-on motors hugging the first stage).


  • The PSLV in the normal configuration is a four-stage/engine expendable rocket powered by solid and liquid fuels alternatively with six booster motors strapped on to the first stage to give higher thrust during the initial flight moments.


  • The Indian space agency has PSLV variants with two and four strap-on motors, larger PSLV-XL and the Core Alone variant without any strap-on motors.


  • The choice of the rocket to be used for a mission depends on the weight of the satellite and the orbit where the satellite has to be orbited.


  • ISRO Chairman: Sivan.
  • ISRO Headquarters: Bengaluru, Karnataka.



  • UNESCO has launched an international award named after Bangabandhu Sheikh Mujibur Rahman following Bangladesh’s proposal.


  • The UN agency’s executive board unanimously adopted the proposal on UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman International Prize for the “Creative Economy” in its 210th session.


  • This is the first time a UN agency launched an award named after Bangabandhu.


  • The award will create the opportunity to spread Bangabandhu’s ideals across the world and inspire the global cultural activists to contribute to the field of the creative economy.


  • It will also play a “special” role in branding and image-building of Bangladesh. The award will be given every two years with $50,000 prize money – three times in six years. The renewal of the award will be discussed later.


  • The first UNESCO-Bangabandhu award is set to be given in the 41st session of the UNESCO’s general conference in November 2021. Bangladesh proposed the award in August 2019.
  • The UNESCO launches awards in recognition of the contribution of leaders in several fields, such as education, culture, science and technology, with the financial help of the member states. It had launched 22 awards named after noted individuals or organisations.



  • Max Verstappen (Red Bull – Netherlands) won the season-ending Abu Dhabi Grand Prix 2020, held in Abu Dhabi, United Arab Emirates.


  • This was his second victory of the season and 10th victory of his career. The race was the 17th and final round of the 2020 Formula One World Championship.


  • Valtteri Bottas (Mercedes-Finland) stood second, followed by world champion Lewis Hamilton (Mercedes-Great Britain) at third place.



  • The National Energy Conservation Day is celebrated every year on 14 December by Bureau of Energy Efficiency (BEE), under Ministry of Power.


  • The day is celebrated to raise awareness among the general public about the importance of energy conversation and energy efficiency, as well as holistic development for overall effort towards climate change mitigation.


  • Bureau of Energy Efficiency is a constitutional body that comes under the Government of India and helps in the development of policies and strategies in order to reduce energy use.


  • The Energy Conservation Act in India was executed by the Bureau of Energy Efficiency (BEE) in the year 2001.


  • Minister of State (Independent Charge) of the Ministry of Power: Raj Kumar Singh.


Copyright © 2013-21