Current Affairs

 Ministry of Railways’ National Rail Museum (NRM) and Madame Tussauds Wax Museum join hands together to provide an amazing combo offer to Delhi NCR tourists. As a part of the collaboration, a special discount of 35% on ticket prices will be offered to NRM visitors when they visit the Madame Tussauds Museum. Similarly, Madame Tussauds Wax Museum visitors will be getting an attractive discount of 30% on combo packages of NRM. National Rail Museum (NRM), managed by Indian Railway, is one of the top edutainment tourist destinations of Delhi NCR area having an annual footfall of more than 5 lakhs. Madame Tussauds wax museum is a leading chain of Wax Museums in the world.
Source: Press Information Bureau

 India and UAE have signed an agreement on Currency Swap. The two countries also signed a Memorandum of Understanding for Development Cooperation in Africa. The documents were signed after the 12th session of India-UAE Joint Commission Meeting for Economic and Technical Cooperation. The meeting was jointly co-chaired by External Affairs Minister Sushma Swaraj and her UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi.
Source- Press Information Bureau (PIB)

 Navy Day is being celebrated in India on 4th December. The day is celebrated in honour of the maritime force’s role during the war with Pakistan in 1971 when Indian warships attacked Karachi port and successfully hurt Pakistani operations in the western coast. The Day is also celebrated to highlight the role the Navy plays in securing the country’s marine borders during peacetime and carrying out humanitarian missions. As per the recent Data, since 2008, 70 Indian naval warships have been deployed, which safely escorted over 3440 ships with over 25,000 mariners on board.
Source- AIR World Service

  “PAiSA – Portal for Affordable Credit and Interest Subvention Access”, a centralized electronic platform for processing interest subvention on bank loans to beneficiaries under Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) was launched by Sh. Durga Shankar Mishra, Secretary, Ministry of Housing and Urban Affairs. The web platform has been designed and developed by Allahabad Bank which is the Nodal bank. All 35 states / UTs & all scheduled commercial banks, RRBs, and Cooperative Banks are expected to be on board the PAiSA portal soon.
Source: Press Information Bureau

 Home Minister Rajnath Singh announced a pan-India single-number emergency mobile app ‘112 India’ and stated that it will have a special women safety feature ‘SHOUT’ to get immediate assistance from police and volunteers. It is connected to the Emergency Response Support System (ERSS). Under the ERSS project, people will be able to receive immediate assistance from police, health and fire departments as well as from other agencies using a pan-India single emergency number 112.
Source: News on AIR

 Nagaland became the first state in the Northeast and second in the country, after Himachal Pradesh, to launch a pan-India single-number (112) emergency mobile application which will have a special women safety feature for immediate assistance from police and volunteers. Union Home Minister Rajnath Singh stated that a ‘SHOUT‘ feature has been made available exclusively for women in the ‘112 India’ mobile app which is connected to the Emergency Response Support System (ERSS). The launch coincided with the state’s formation day and the inaugural day of the 2018 edition of the Hornbill Festival.
Source: The Business Standard

 Qatar has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC) from January 2019 and focus more on the production of natural gas. The announcement was made by Qatar’s new energy minister, Saad al-Kaabi. Qatar is the world’s largest exporter of LPG. Qatar also wants to raise its oil production from 4.8 million barrels of oil equivalent a day to 6.5 million barrels.
Source- News on AIR

 Indian star wrestlers Vinesh Phogat and Sakshi Malik successfully emerged champions in the 57 kg and 62 kg title respectively in the Tata Motors Senior Women’s National Championship. Vinesh Phogat bagged her sixth National title. She had earlier won five Nationals in a row from 2012 to 2016. Sakshi put up a confident show to win the title in the 62 kg without losing a single point. The event was hosted by Uttar Pradesh.
Source: News on AIR

 Ullas Narayan became the first ever Indian individual medal winner in an international ultra running event by clinching a bronze in the 2018 International Association of Ultra Running (IAU) 24 Hour Asia & Oceania Championships in Taipei. Narayan bagged the third position, completing 250 km, behind two Japanese runners Yoshihiko Ishikawa (253 km) and Nobuyuki Takahashi (252 km). Japan won the team event gold with a distance of 756 km and Australia (684 km) got the silver.
Source- The Times of India

 The European Central Bank launched a new system aimed at letting banks settle payments instantly across Europe, helping them to compete with PayPal and other global tech giants. Developed in just over a year, the ECB’s TARGET Instant Payment Settlement (TIPS)system will let people and companies in Europe transfer euros to each other within seconds and regardless of the opening hours of their local bank. TIPS is open only to providers that have an account at a central bank connected to the euro zone’s TARGET 2 network, meaning it is effectively restricted to European Union banks.
Source- The Guardian


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