Thursday, 7 December 2017

Current Affairs - December 07, 2017

current affairs

Here's your daily summary of Current Affairs.

Uttar Pradesh becomes the first state to endorse Draft Bill on Triple Talaq       
    
Uttar Pradesh becomes the first state to endorse the Centre's draft bill that makes instant triple talaq a cognizable and non-bailable offence. As per the draft law, its three years' imprisonment and a fine to a Muslim man trying to divorce his wife by uttering "talaq" three times. The bill is all set to be introduced in the coming winter session of parliament.

Saudi Prince voted Person of the Year by Readers of Time Magazine  

Saudi Arabia Crown Prince Mohammed bin Salman has been voted the Time magazine readers’ Person of the Year, despite spearheading the continued bombardment of Yemen, leading to the starvation of its citizens. The award goes to those who “for better or worse” influenced the year. The 32-year-old scored 24 percent of the vote, with the #MeToo movement against sexual assault and harassment. Bin Salman overtook Hillary Clinton, Vladimir Putin and even the Pope to be crowned the people’s choice, winning far more votes than the three combined.

Repo Rate kept unchanged at 6 %      

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting, the Monetary Policy Committee (MPC) decided to keep the policy Repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 percent. Consequently, the Reverse Repo Rate (RRR) under the LAF remains at 5.75 percent, and the Marginal Standing Facility (MSF) rate and the Bank Rate at 6.25 percent. The projection of real GVA growth for 2017-18 of the October resolution at 6.7per cent has been retained, with risks evenly balanced.   
In the previous meeting in October, the RBI had maintained status quo on rates. Since then, inflation, as measured by the consumer price index, has accelerated to 3.58%, the fastest pace in seven months, because of rising food and fuel prices.   
Since October 2017, global economic activity has been gaining momentum through the final quarter of the year, driven mainly by advanced economies (AEs). US growth remained largely resilient to hurricanes and grew at the highest pace in the past three years in Q3 of 2017, with positive contributions from private consumption, investment activity and net exports.

Afghan Cricketer becomes first International Player to be born in the 21st Century       
 
Mujeeb-ur-Rehman Zadran, the 16-year-old off-spinner, became the youngest ever from Afghanistan to play International cricket and overall he is the 9th youngest to make debut in ODI cricket. He was born in Khost on March 28 in 2001. Zadran has been making the headlines over the last couple of months for his outstanding performances for their Under-19 team. The bowler recorded the 2nd best bowling figures in Youth ODI cricket with 7/19 against Bangladesh and also became the first player with two 6-wicket hauls.

Yuvraj Singh launches UNICEF- ICC’s Adolescent Campaign    

Indian cricketer Yuvraj Singh will be promoting a UNICEF sports initiative for youngsters in South Asia, which will also have the ICC's backing. Yuvraj launched the "Power of Sports to Shape the Future of Adolescents" campaign in South Asia. Yuvraj was joined by under-19 players from Afghanistan, Bangladesh, Pakistan and Sri Lanka who will compete in the ICC under-19 World Cup in New Zealand in January 2018.

Akash Missile Successfully Test Fired          
 

The Surface to Air Missile AKASH with indigenous radio frequency seeker against target Banshee has been successfully launched from the Launch Complex-III at ITR Chandipur, Odisha. The Radars, telemetry and electro-optical systems along the coast have tracked and monitored all the health parameters of the missile. This missile is being inducted into Army as Short Range Surface to Air Missile (SRSAM). With this success, India has achieved the capability of making any type of Surface to Air Missile.           
AKASH is the first Surface to Air Missile with indigenous seeker that has been test fired. It can fly at supersonic speeds ranging from Mach 2.8 to 3.5, and engage aerial targets up to a range of approximately 25km.

current affairs

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