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Daily Current Affairs December 07 2022 | Latest News | Download PDF

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CURRENT AFFAIRS: IMPORTANT DAYS

International Civil Aviation Day: 7th December

  • International Civil Aviation Day 2022 is observed on the 7th of December 2022.
  • The International Civil Aviation Day 2022 theme set by the UN this year is “Advancing Innovation for Global Aviation Development”.
  • The International Civil Aviation Organization (ICAO), a specialist organization within the United Nations, established December 7 as the day to celebrate the impact that civil aviation has had on the world.
  • Tourism and business have both been changed forever due to flying, not to mention the cultural connections that have been enabled.
  • The first International Civil Aviation Day was held in 1994 as part of ICAO’s 50th anniversary and in 1996 the United Nations General Assembly officially recognized 7 December as International Civil Aviation Day.

Armed Forces Flag Day: 7th December

  • Armed Forces Flag Day 2022 is observed on the 7th of December 2022.
  • On Armed Forces Flag Day 2022, patriotic events are arranged to encourage public participation and support the cause across the nation.
  • The colour code for the day is red, light blue, and dark blue.
  • It represents three Indian armed forces- Army, Air Force, and Navy.
  • The idea of Armed Forces Flag Day observation every year was first decided in the year 1949 by the then Defence Minister.
  • He set up a committee to observe a Flag Day every year on December 7.
  • The general idea behind this was the collection of funds from people by distributing flags.
  • The Armed Forces Flag Day also called Flag Day of India as is commemorated through the collection of funds through the distribution of flags.
  • Indian citizens express their gratitude to the country’s ex-military and current military personnel and pay homage to those who died in service.

CURRENT AFFAIRS: NATIONAL NEWS

New Delhi hosts an international conference on “J C Bose: A Satyagrahi Scientist”:

  • The government of India’s Ministry of Culture and Vijnana Bharati organized an “International conference on the contributions of J C Bose: A Satyagrahi Scientist” at the Inter-University Accelerator Center in New Delhi on the occasion of the 164th anniversary of the birth of eminent Indian scientist Acharya Jagadish Chandra Bose as part of Azadi Ka Amrit Mahotsava.
  • Bama Sundari Bose and Bhagawan Chandra’s Bengali child was born on November 30, 1858.
  • He developed the crescograph, a tool for gauging plant growth while working as a plant physiologist and physicist.
  • He presented evidence of plants’ emotions for the first time.
  • Response in the Living and Non-Living (1902) and The Nervous Mechanism of Plants are two of his publications (1926).

CURRENT AFFAIRS: STATE NEWS

Ministry of Culture inaugurates 3-day long music, art, and literature festival Swar Dharohar in New Delhi

  • The Ministry of Culture, Government of India in collaboration with “The Swar Dharohar Foundation,” inaugurated a 3-day “Swar Dharohar Festival” under Kalanjali.
  • The 3-day festival would be organized at Central Vista, India Gate, New Delhi.
  • The festival was Inaugurated by Chief Guest Sh. Mehtab Ali (Sitar Player) and Lalit Prasad (Classical Vocal).

About Swar Dharohar Festival :

  • “Swar Dharohar Festival” is a Music, Art & Literature Festival.

Aim :

  • To showcase the iconic art and culture of India and the rich literary Art & Heritage of the Indian States.
  • The event will facilitate an opportunity for local artists to perform on the same stage as renowned artists.
  • National, as well as local poets, will also showcase their art through Kavi Sammelan.

About the Ministry of Culture :

  • Cabinet Minister: G. Kishan Reddy
  • Minister of State: Meenakshi Lekhi

International Lusophone Festival to be held in Goa

  • The Ministry of External Affairs, in association with the Indian Council for Cultural Relations (ICCR) and the Government of Goa, will organize the International Lusophone Festival in Goa from 3-6 December 2022.
  • The festival will be inaugurated by the Chief Minister of Goa, Pramod Sawant at Durbar Hall in Raj Bhavan.
  • Minister of State for External Affairs, Meenakshi Lekhi will be the Guest of Honour.

Objective :

  • To strengthen India’s contact with Lusophone countries.
  • Goa has historical links with Lusophone countries which have been nurtured by the presence of Portuguese cultural institutions such as the Orient Foundation, and Camoes Institute.

About the Community of Portuguese Language Countries (CPLP) :

  • The Community of Portuguese Language Countries (Comunidade dos Países de Língua Portuguesa) also known as the Lusophone Commonwealth (Comunidade Lusofona), is a multilateral forum, founded on 17 July 1996 at the 1st CPLP Heads of State & Government Summit in
  • The founding members were Angola, Brazil, Cabo Verde, Guinea Bissau, Mozambique, Portugal, and Sao Tome and Principe; while Timor Leste and Equatorial Guinea joined later.
  • India joined CPLP as an associate observer in July 2021.
  • As part of India’s engagement with CPLP, the Ministry of External Affairs celebrated World Portuguese Language Day in Delhi on 05 May 2022.

About Goa : 

  • Governor: P. S. Sreedharan Pillai
  • Chief Minister : Pramod Sawant
  • Capital : Panaji (Panjim)
  • Airports: Dabolim Airport, Mopa Airport

ISB & Odisha govt to collaborate for women’s empowerment & rural prosperity through a sustainable forest economy

  • Indian School of Business (ISB) and the Department of Mission Shakti, Government of Odisha signed a Memorandum of Understanding (MoU) to enable women’s economic empowerment & rural prosperity through a robust forest economy.
  • The MoU was signed by Ashwini Chhatre, Executive Director – of Bharti Institute of Public Policy (BIPP), Indian School of Business, and Smt. Sujatha Karthikeyan, IAS, Commissioner-cum-Secretary, Department of Mission Shakti, Govt. of Odisha.
  • This MoU marks a significant step towards Mission Shakti’s vision of making Odisha a land of equal opportunities, where women are empowered to live with dignity and economic prosperity.

About the MoU :

  • Under this three-year MoU, ISB & Mission Shakti will collaborate to build a prosperous and sustainable forest economy in Odisha through women-led community enterprises, starting with the districts of Malkangiri, Koraput, Nabrangpur, Rayagada, Mayurbhanj, and
  • Mission Shakti will facilitate the mobilization of the Women Self Help Groups (WSHGs) and implementation of Community Forest Resource Rights across the six districts, acting as the nodal department within Govt of Odisha in enabling this model in the state.
  • The Government of India has launched ‘Mission Shakti’ – an integrated women empowerment program as an umbrella scheme for the safety, security, and empowerment of women for implementation during the 15th  Finance Commission period 2021-22 to 2025-26.
  • Mission Shakti’ has two sub-schemes – ‘Sambal’ and ‘Samarthya’.
  • While the “Sambal” sub-scheme is for the safety and security of women, the “Samarthya” sub-scheme is for the empowerment of women.

About Odisha : 

  • Governor: Ganeshi Lal
  • Chief minister: Naveen Patnaik
  • Capital: Bhubaneswar
  • National Park: Simlipal National Park, Bhitarkanika National Park
  • Wildlife Sanctuaries: Tikarpada Wildlife Sanctuary, Chilika Wildlife Sanctuary, Sunabeda Wildlife Sanctuary, Kotagarh Wildlife Sanctuary
  • Dance : Ghumura Dance, Ranapa Dance
  • Tribes : Bagata, Banjara, Munda

Maharashtra to set up bulk drug park

  • Maharashtra, which accounts for around 20% of India’s pharmaceutical output, plans to set up a bulk drug park in Raigad district at an initial investment of 2,442 crores.

Aim :

  • To boost manufacturing of raw materials for medicines in the country and reduce dependency on imports.

Key Highlights :

  • The Indian Drugs Manufacturers’ Association (IDMA) has received a proposal from R. Gahane, joint commissioner of the Maharashtra food and drug administration.
  • The estimated cost of park construction will be about 2,442 crores, with the Central government funding 1,000 crores and the state government putting in ₹1,442 crores.
  • The park will help India achieve self-reliance in pharmaceutical manufacturing
  • The Indian pharmaceutical industry, the third largest in the world by volume, is dependent on raw material imports to produce medicines.
  • The Central government has already initiated work on three bulk drug parks in Andhra Pradesh, Himachal Pradesh, and
  • The central government has set up a high-level committee headed by Mansukh Mandaviya, union minister of chemical and fertilizer, to monitor the progress of bulk drug parks that are being set up in three states.

About Maharashtra :

  • Governor: Bhagat Singh Koshyari
  • Chief minister: Eknath Shinde
  • Capital: Mumbai
  • National Park: Tadoba National Park, Navegaon National Park
  • Wildlife Sanctuaries: Bhimashankar Wildlife Sanctuary, Karnala Bird Sanctuary, Nagzira Wildlife Sanctuary

CURRENT AFFAIRS: BANKING & FINANCE

NPCI extends UPI market cap deadline by 2 yrs

  • The National Payments Corporation of India (NPCI) has extended the deadline for the Unified Payments Interface (UPI) to meet the market cap deadline of 30% to December 31, 2024.
  • The earlier deadline to meet the market cap norms was December 31, 2022.
  • Currently, there’s no cap on volume, and Google Pay and PhonePe hold a market share of about 80%.

Key Highlights :

  • Payment apps PhonePe and Google Pay have received a breather, with the NPCI giving them 2 more years to comply with guidelines on volume caps.
  • Flipkart-owned PhonePe and Google Pay have 47% and 33% market shares
  • In November 2020, the NPCI issued guidelines capping the share of transactions handled by a third-party application provider (TPAPs) at 30% each.

About NPCI : 

  • Founded: 2008
  • Headquarters: Mumbai, Maharashtra, India
  • MD & CEO : Dilip Asbe
  • The NPCI is the specialized division of the Reserve Bank of India which is under the jurisdiction of the Ministry of Finance, Government of India.
  • It was created by the RBI for operating retail payments and settlement systems in

About UPI : 

  • Launched: 2016
  • UPI is an instant real-time payment system developed by the National Payments Corporation of India (NPCI).
  • The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
  • As of November 2022, the UPI transactions included Banks live on UPI – 373, Volume of the transaction – 7,309.45 million, Value of the total transaction – 11,90,593.39 Cr.

Canara Bank wins Banker’s Bank of the Year Award 2022 for India at Global Banking Summit

  • Canara Bank received the “Banker’s Bank of the Year Award 2022” for the India segment at the Global Banking Summit held in London, United Kingdom (UK).
  • The public sector lender has been adjudged as the Best Bank in India for
  • The Canara bank’s MD and CEO L V Prabhakar received the award from the organizers,

About the Award : 

  • The Bankers’ Bank of the year award is considered to be like Oscar award for the banking sector.
  • The winners are judged on their ability to deliver returns, strategy, innovation, technology, and product and services in their respective geographies in the last 12 months.
  • The Banker’s magazine is the world’s premier banking and finance resource for more than 180 countries across the globe
  • The Banker’s magazine is from the Financial Times (FT) group, which is the British-based global financial daily newspaper.
  • It was founded in 1888 and is the leading business/financial newspaper in the

About Canara Bank : 

  • Founded: 1 July 1906
  • Headquarters: Bangalore, Karnataka, India
  • MD & CEO: Lingam Venkata Prabhakar

Protean & Fino Payments Bank tie-up to expand PAN card issuance services in India

  • Fino Payments Bank has partnered with Protean eGov Technologies (formerly NSDL e-Governance Infrastructure Limited), a market leader in universal, citizen-centric, and population-scale e-governance solutions, to expand PAN card issuance services in India, especially in rural areas.

Note : 

  • The association makes Fino the first payments bank to act as a PAN Service Agency (PSA) of Protean and facilitate paperless PAN issuance services.
  • As per the Ministry of Finance, more than 43.34 crore Permanent Account Numbers (PANs) have been linked with Aadhaar till January 2022 e. around 36% of India’s population has an Aadhaar-linked PAN card.

Key Highlights : 

  • At Fino Bank points people can apply for a PAN card through Aadhaar-based authentication, without the need to submit or upload any documents.
  • Further, applicants have the option to choose a PAN card either in digital or physical form.
  • Recently, the digital version, or e-PAN, was introduced and will be sent within a few hours of applying to the applicant’s email id & it is admissible as an actual PAN card.
  • Those opting for physical education will receive their PAN cards at their Aadhaar mentioned address within 4-5 working days.
  • Managing Director and CEO of Protean eGov Technologies: Mr. Suresh Sethi

About Fino Payments Bank :

  • Established: 2017
  • Headquarters: Navi Mumbai, Maharashtra
  • MD & CEO: Mr. Rishi Gupta
  • Fino Payments Bank is a subsidiary of Fino Paytech Limited, which is backed by marquee investors like Bharat Petroleum, ICICI group, Blackstone, IFC, Intel, and

RBI authorized Tamilnad Mercantile Bank to undertake government business

  • Private sector lender Tamilnad Mercantile Bank Limited (TMBL) has been authorized by the Reserve Bank of India to undertake government business on behalf of the banking regulator.
  • An agreement in this connection was signed by the bank with RBI in Mumbai for appointing TMB as an ‘agency bank’ of RBI to undertake government agency business.

About TMBL :

  • Founded: in 1921 as the Nadar Bank.
  • Headquarters: Thoothukudi, Tamil Nadu, India.
  • CEO: K V Rama Moorthy.

ADB & ABIS Signs Sustainability-Linked Debt Facility to Support Climate-Resilient Fish Farming in India

  • The Asian Development Bank (ADB) and ABIS Exports India Private Limited (ABIS) entered into an agreement on sustainability-linked and blue-debt facility non-convertible debentures for $16 million (in equivalent Indian rupee).

Aim : 

  • To enhance food security in India by supporting the construction of a micro fish feed plant and by training up to 6,000 farmers in climate-resilient fish farming practices as well as financial literacy.
  • This is ADB’s first private sector sustainability-linked financing, with adjustments in pricing when pre-defined sustainability targets are met.

Key Highlights :

  • Targets include emissions reductions, water conservation, and farmer training.
  • The sustainability-linked financing received an independent second-party opinion, consistent with industry principles.
  • Training in climate-smart fish farming practices and financial literacy through a $500,000 technical assistance (TA) grant will enhance the climate resilience of fish farmers.
  • Food security is a priority for ADB, which recently announced plans to provide at least $14 billion over 2022–2025 to ease a worsening food crisis in Asia and the

About ADB :

  • Founded : 19 December 1966
  • Headquarters : Mandaluyong, Philippines
  • President : Masatsugu Asakawa
  • Membership : 68 countries

About ABIS : 

  • ABIS is the flagship operating company of the Indian Broiler group, which also has operations in poultry, poultry-feed, dairy, edible oil, and

ABIS is committed to reducing carbon emissions, improving water conservation, and providing increased farmer extension services.

CURRENT AFFAIRS: BUSINESS NEWS

India is the first nation to get $100 billion in remittances in the entire world:

  • According to the World Bank, India will be the first nation in the world to receive $100 billion in remittances in 2022.
  • Remittances to the other South Asian nations fell by 10% but increased by 12% in India. To reach $163 billion in 2022, remittances to South Asian countries increased by 3.5%.
  • Remittances to the other South Asian nations fell by 10% but increased by 12% in India.
  • Remittances are anticipated to reach $794 billion globally in 2022.
  • The majority of remittances, which are expected to total $163 billion in 2022, are sent to South Asia.
  • India will provide $100 billion.
  • With $142 billion, Latin America and the Caribbean come in second.

The largest wind-solar hybrid power developer in the world is Adani Green:

  • The third wind-solar hybrid power plant has been put into operation in Jaisalmer in Rajasthan by Adani Green Energy Ltd (AGEL), the Adani Group’s renewable energy division.
  • The first 390 MW hybrid power plant in India was operationalized by AGEL in May 2022.
  • The largest co-located hybrid power plant in the world, with a 600 MW capacity, was commissioned in September 2022.
  • These two hybrid energy production facilities are situated near Jaisalmer, Rajasthan.
  • AGEL currently has a total operating generation capacity of 7.17 GW after the successful commissioning of its 450 MW plant.
  • Additionally, this makes AGEL the largest wind-solar hybrid power farm developer in the world.
  • This recently installed hybrid power plant has a total operational generation capacity of 450 MW.
  • With SECI, the plant has Power Purchase Agreements (PPA) for 25 years at Rs 2.67/kwh.
  • The 420 MW solar and 105 MW wind power plants that make up this new hybrid power plant were installed using cutting-edge technologies.
  • Adani Green Energy now has the largest operational hybrid power generation capacity of 1,440 MW thanks to this hybrid facility.

About Adani Green Energy Ltd

  • CEO: Vineet Jaain
  • Founded: 23 January 2015
  • Headquarters: Ahmedabad

CURRENT AFFAIRS: MOUS AND AGREEMENT

India and Germany reach an agreement on migration and mobility:

  • A comprehensive agreement on migration and mobility was inked by German Foreign Minister Annalena Baerbock and External Affairs Minister S. Jaishankar, making it simpler for people to work, study, and travel in both nations.
  • The agreement, which aims to make it easier for researchers, professionals, and students to move back and forth, is also expected to address the problems associated with illegal immigration.
  • During her two days in India, German Foreign Minister Annalena Baerbock will talk about India’s relations with China and Russia as well as cooperation on the transition to renewable energy.
  • The agreement on migration and mobility is expected to promote more student exchanges between the two nations.
  • Prime Minister Narendra Modi said in May of this year that the Indian government would make it easier for German students to enroll in higher education institutions (HEIs) through initiatives like Study in India.
  • Furthermore, the agreement assures that there are frequent interactions between the professional workforce, academia, and students.
  • This supports efforts by Germany and India to develop their higher education systems’ internationalization, to further connect their respective innovation and research environments, and to strengthen their respective dual structures for vocational education and training.

Airtel and Meta are collaborating to help India’s digital ecosystem grow:

  • Airtel has announced a collaboration with Meta Platforms, Inc. (Meta) to promote the expansion of India’s digital ecosystem.
  • The announcement follows telecom operators’ demand for revenue sharing with service providers to construct networks.
  • Airtel is now testing 4G and 5G Open RAN solutions on select sites in the state of Haryana, and the technology will be commercially deployed across numerous locations in India over the next several quarters.
  • Airtel will share its insights with wider TIP ecosystem partners, including Meta, to help expedite the adoption of Open RAN-based networks around the world.
  • Airtel and Meta will collaborate to invest in global connectivity infrastructure and new-age digital solutions based on CPaaS to meet the evolving needs of users and enterprises in India.
  • To bring 2Africa Pearls to India, Airtel will collaborate with Meta and STC.
  • 2Africa is the world’s longest underwater cable system, and it is intended to bring quicker internet access to nearly 3 billion people worldwide.
  • Meta creates solutions that assist people in connecting, finding communities, and growing enterprises.
  • When Facebook first appeared in 2004, it revolutionized the way people communicated.
  • Apps like Messenger, Instagram, and WhatsApp enabled billions of people worldwide.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

India to assume chairmanship of Wassenaar Arrangement on 1 Jan 2023

  • India will assume the chairmanship of the Wassenaar Arrangement (WA), a multilateral technology control agreement, on 1 January 2023, for 1 year.
  • The chairmanship was handed over to India at the 26th Annual Plenary Meeting of the Wassenaar Arrangement, held in Vienna from 30 November to 1 December 2022.
  • Ireland’s ambassador Eoin O’Leary handed over the chairmanship to India’s ambassador Jaideep Mazumdar.

About Wassenaar Arrangement :

  • The WA is a multilateral export control regime (MECR) with 42 participating states including many former Comecon (Warsaw Pact) countries established in 1996.
  • The WA is a regional and international security and export control mechanism.
  • Its purpose is to control the export of conventional weapons and dual-use goods and technology.
  • The body came into being in 1996 to succeed the Cold War-era Coordinating Committee for Multilateral Export Controls.
  • According to the Arms Control Association, “Every six months, members exchange information on deliveries of conventional arms to non-Wassenaar members that fall under eight broad weapon categories: battle tanks, armored combat vehicles (ACVs), large-caliber artillery, military aircraft/unmanned aerial vehicles, military and attack helicopters, warships, missiles or missile systems, and small arms and light weapons.”

Membership :

  • In December 2017, India joined the multilateral export control regime “Wassenaar Arrangement” as the 42nd participating state.
  • The US, the UK, Japan, South Korea, France, Germany, and Australia are some key members of the WA.
  • Prominent non-members include China and Israel.
  • India will take over from Ireland.

Mahua Acharya resigns as MD & CEO of state-owned CESL

  • Managing Director (MD) and Chief Executive Officer (CEO) of state-owned Convergence Energy Services Ltd (CESL) Mahua Acharya, has resigned from the top post.
  • She would also like to resign from the company’s board as well and requested for an appropriate resolution to be passed in this regard.

About CESL :

  • CESL is focused on delivering clean, affordable, and reliable energy.
  • It is a subsidiary of Energy Efficiency Services Ltd (EESL) a joint venture of public sector companies under the Ministry of Power.

CURRENT AFFAIRS: DEFENCE NEWS

Defence Secretary Giridhar Aramane inaugurates the first Coastal Security Conference in Chennai

  • Defence Secretary Giridhar Aramane inaugurated the first Coastal Security Conference organized by the Indian Coast Guard under the aegis of the Colombo Security Conclave (CSC) at Chennai.
  • The 2-day conference being held under the theme: “Collaborative Efforts for Coastal Security,” saw the participation of 4 member countries viz. India, Maldives, Sri Lanka, and Mauritius.
  • Representatives from Bangladesh and Seychelles, observer countries of CSC, also participated.
  • During the conference, many topics including Coastal Security Threats & Collaborative Response, International Maritime Law & Role of Empowered Agencies, and Technological Solutions for Coastal Security, etc. were discussed.

About CSC : 

  • The CSC started as a trilateral maritime cooperation mechanism between India, Maldives, and Sri Lanka in 2011.
  • The membership of the Group was enlarged with the addition of Mauritius in March 2022.
  • The Secretariat of the CSC is located in Colombo, Sri Lanka.

Defense Ministry Extends Pension Payments For SPARSH Pensioners By 3 Months

  • The Ministry of Defence has approved the extension of pension payment for 3 months for banks’ pensioners, who migrated to SPARSH, {System for Pension Administration (Raksha)} and whose identification was due in November 2022.
  • It is reiterated that the process of Annual Identification/Life Certification is a statutory requirement for continued and timely credit of monthly pensions.

About SPARSH :

  • The System for Pension Administration (Raksha) or SPARSH is a web-based system for processing pension claims and crediting the pension directly into the bank accounts of defense pensioners without any external intermediary.
  • The annual joint humanitarian assistance and disaster relief exercise, ‘Samanvay 2022’, will culminate at the Air Force Station, Agra.
  • Also, the Indian Coast Guard (ICG) conducted the 24th National Oil Spill Disaster Contingency Plan and preparedness meeting in

About Ministry of Defence :

  • Union Minister: Rajnath Singh
  • Minister of State: Ajay Bhatt
  • Defence Secretary: Giridhar Aramane

CURRENT AFFAIRS: SPORTS NEWS

Indian captain Rohit Sharma has become the country’s sixth-highest ODI run scorer:

  • Indian captain Rohit Sharma has surpassed former batsman Mohammed Azharuddin to become his country’s sixth-highest ODI run-scorer.
  • This feat was done by the batter during India’s maiden One-Day International (ODI) against Bangladesh in Dhaka.
  • His ODI record now stands at 234 matches and 9,403 runs in 227 innings at an average of 48.46.
  • In his ODI career, he has 29 tons and 45 fifties, with the top individual score of 264, which is also the highest score ever in ODIs.
  • Azharuddin, who dropped to seventh place, had scored 9,378 runs in 334 matches in 308 innings for an average of 36.92, including seven tons, 58 fifties, and a top score of 153.
  • Other Indian ODI run scorers include Sachin Tendulkar (18,426), Virat Kohli (12,353), Saurav Ganguly (11,221), Rahul Dravid (10,768), and MS Dhoni (10,599).

 

S.No Player Matches Innings Runs
01  Sachin Tendulkar (IND) 463 452 18426
02 Kumar Sangakkara (SL) 404 380 14234
03 Ricky Ponting (AUS) 375 365 13704
04 Sanath Jayasuriya (SL) 445 433 13430
05 Mahela Jayawardene (SL) 448 418 12650
06 Virat Kohli (IND) 263 254 12353
07 Inzamam­Ul­Haq (PAK) 378 350 11739
08 Jacques Kallis (SA) 328 314 11579
09 Sourav Ganguly (IND) 311 300 11363
10 Rahul Dravid (IND) 344 318 10889

 

Cristiano Ronaldo has agreed to terms with Saudi club Al-Nassr on a contract worth 200 million euros:

  • Cristiano Ronaldo has joined Saudi Arabian club Al-Nassr on a two-and-a-half-year contract worth 200 million euros each season.
  • The story was published by renowned Spanish source Marca before the Portugal captain’s FIFA World Cup 2022 Round of 16 matches against Switzerland, which is slated for at Qatar’s Lusail Stadium.
  • Earlier, Ronaldo’s agent, Jorge Mendes, had met with several clubs, including European powerhouses such as Bayern Munich, Chelsea, and Atletico Madrid, but no one expressed serious interest in the 37-year-old forward.
  • Al Nassr Football Club is a Riyadh-based Saudi Arabian football club.
  • The club, founded in 1955, plays its home games at Mrsool Park.
  • Yellow and blue are their primary colors.
  • Al Nassr is one of the most successful clubs in Saudi Arabia, with 27 championships at the highest level of all tournaments.
  • The team has won nine Premier League titles, six King’s Cups, three Crown Prince’s Cups, three Federation Cups, and two Saudi Super Cups at the domestic level.
  • At the international level, they have won two GCC Champions Leagues and achieved the historic feat of winning both the Asian Cup Winners’ Cup and the Asian Super Cup in 1998.

CURRENT AFFAIRS: BOOKS AND AUTHOR

‘Brave Hearts of Bharat, Vignettes from Indian History,’ a book by Vikram Sampath:

  • A book by Vikram Sampath called “Brave Hearts of Bharat, Vignettes from Indian History,” an anthology of 15 tales of men and women and their unyielding spirit of freedom and bravery, was released in Delhi.
  • The book is released by the Penguin publishing house.
  • The book tells the heroic and tenacious tales of a select group of people, many of whose tales were long forgotten and untold.

About the book:

  • The bravery of fifteen Indians who never capitulated to invader challenges. Somehow Forgotten and Lost in the Records of History.
  • This is the account of these courageous people who fought to defend their freedom, faith, and rights.
  • The victor has always had history on his side.
  • The history of the hunt would always glorify the hunter until the lions get their storytellers, predicted Chinua Achebe.
  • This book sheds light on the contribution of the soldiers who, in addition to donning armor and charging into combat, kept the torch of hope alive under trying conditions by examining the lives, times, and works of fifteen long-forgotten and mostly ignored unsung heroes and heroines of our history.

CURRENT AFFAIRS: OBITUARIES

Veteran Odia actress Jharana Das passes away

  • Veteran Odia film actress Jharana Das Passed away at the age of 77 in Cuttack, Odisha.

About Jharana Das :

  • Jharana Das Born in 1945, Das started her acting career in the 1960s.
  • She had worked as a child artist and announcer with the All India Radio (AIR), Cuttack.
  • She had worked as an assistant station director of Doordarshan in Cuttack.
  • She also directed a biographical documentary on former Odisha chief minister Harekrushna Mahtab.
  • She has won several accolades for her brilliant performance in landmark films like Shree Jagannath, Nari, Adinamegha, Hisabnikas, Pujafula, Amadabata, Abhinetri, Malajanha, and Heera Nella.

Awards & Honors : 

  • Das was awarded the prestigious Jayadev Puraskar by the State Government for her contribution to the Odia film industry.

Oscar-winning documentarian Julia Reichert passes away

  • Veteran documentarian, Julia Reichert, who won an Oscar in 2020 for her feature ‘American Factory’, has passed away at the age of 76.

About Julia Reichert : 

  • Julia Bell Reichert was an American Academy Award-winning documentary filmmaker, activist, and
  • She was a co-founder of New Day Films.
  • Her documentaries, including the Oscar-nominated “Union Maids,” “Seeing Red: Stories of American Communists,” and “The Last Truck: Closing of a GM Plant,” addressed issues of gender, class, race, and the world economy.
  • She spent 28 years teaching film production at Wright State University in addition to being a filmmaker

Awards & Honors :

  • Reichert was a four-time Academy Award-nominated director, for Union Maids (1977), Seeing Red: Stories of American Communists (1984), The Last Truck: Closing of a GM Plant (2010), and American Factory (2020, which won the Oscar).
  • She was a two-time winner of the Primetime Emmy, a two-time nominee for the Peabody Award, and a director of a film on the National Film Registry.
  • She was the recipient of the award for Distinguished Service to Labor and Working-Class History from the Labor and Working-Class History Association (LAWCHA).
  • She has been honored with lifetime achievement awards from the International Documentary Association, the Full Frame Documentary Film Festival, and the Hot Docs Film Festival.

Daily CA on December 7:

  • International Civil Aviation Day 2022 is observed on the 7th of December 2022.
  • Armed Forces Flag Day 2022 is observed on the 7th of December 2022.
  • The government of India’s Ministry of Culture and Vijnana Bharati organized an “International conference on the contributions of J C Bose: A Satyagrahi Scientist” at the Inter-University Accelerator Center in New Delhi on the occasion of the 164th anniversary of the birth of eminent Indian scientist Acharya Jagadish Chandra Bose as part of Azadi Ka Amrit Mahotsava.
  • According to the World Bank, India will be the first nation in the world to receive $100 billion in remittances in 2022.
  • The third wind-solar hybrid power plant has been put into operation in Jaisalmer in Rajasthan by Adani Green Energy Ltd (AGEL), the Adani Group’s renewable energy division.
  • A comprehensive agreement on migration and mobility was inked by German Foreign Minister Annalena Baerbock and External Affairs Minister S. Jaishankar, making it simpler for people to work, study, and travel in both nations.
  • Airtel has announced a collaboration with Meta Platforms, Inc. (Meta) to promote the expansion of India’s digital ecosystem.
  • Indian captain Rohit Sharma has surpassed former batsman Mohammed Azharuddin to become his country’s sixth-highest ODI run-scorer.
  • Cristiano Ronaldo has joined Saudi Arabian club Al-Nassr on a two-and-a-half-year contract worth 200 million euros each season.
  • A book by Vikram Sampath called “Brave Hearts of Bharat, Vignettes from Indian History,” an anthology of 15 tales of men and women and their unyielding spirit of freedom and bravery, was released in Delhi.
  • The Ministry of Culture, Government of India in collaboration with “The Swar Dharohar Foundation,” inaugurated a 3-day “Swar Dharohar Festival” under Kalanjali.
  • The Ministry of External Affairs, in association with the Indian Council for Cultural Relations (ICCR) and the Government of Goa, will organize the International Lusophone Festival in Goa from 3-6 December 2022.
  • Indian School of Business (ISB) and the Department of Mission Shakti, Government of Odisha signed a Memorandum of Understanding (MoU) to enable women’s economic empowerment & rural prosperity through a robust forest economy.
  • Maharashtra, which accounts for around 20% of India’s pharmaceutical output, plans to set up a bulk drug park in Raigad district at an initial investment of 2,442 crores.
  • The National Payments Corporation of India (NPCI) has extended the deadline for the Unified Payments Interface (UPI) to meet the market cap deadline of 30% to December 31, 2024.
  • Canara Bank received the “Banker’s Bank of the Year Award 2022” for the India segment at the Global Banking Summit held in London, United Kingdom (UK).
  • Fino Payments Bank has partnered with Protean eGov Technologies (formerly NSDL e-Governance Infrastructure Limited), a market leader in universal, citizen-centric, and population-scale e-governance solutions, to expand PAN card issuance services in India, especially in rural areas.
  • Private sector lender Tamilnad Mercantile Bank Limited (TMBL) has been authorized by the Reserve Bank of India to undertake government business on behalf of the banking regulator.
  • The Asian Development Bank (ADB) and ABIS Exports India Private Limited (ABIS) entered into an agreement on sustainability-linked and blue-debt facility non-convertible debentures for $16 million (in equivalent Indian rupee).
  • India will assume the chairmanship of the Wassenaar Arrangement (WA), a multilateral technology control agreement, on 1 January 2023, for 1 year.
  • Managing Director (MD) and Chief Executive Officer (CEO) of state-owned Convergence Energy Services Ltd (CESL) Mahua Acharya, has resigned from the top post.
  • Defence Secretary Giridhar Aramane inaugurated the first Coastal Security Conference organized by the Indian Coast Guard under the aegis of the Colombo Security Conclave (CSC) at Chennai.
  • The Ministry of Defence has approved the extension of pension payment for 3 months for banks’ pensioners, who migrated to SPARSH, {System for Pension Administration (Raksha)} and whose identification was due in November 2022.
  • Veteran Odia film actress Jharana Das Passed away at the age of 77 in Cuttack, Odisha.
  • Veteran documentarian, Julia Reichert, who won an Oscar in 2020 for her feature ‘American Factory’, has passed away at the age of 76.