Daily Current Affairs 6th Dec, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 6th Dec, 2024. It includes all Major National, International, Business and Sports related current affairs of 6th Dec, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 6th Dec, 2024 Current affairs test.
International News
Nepal and China Strengthen Ties with BRI Framework
- During an official visit by Nepal’s Prime Minister K P Sharma Oli to China, both nations formalized a Belt and Road Initiative (BRI) Cooperation Framework.
- This agreement represents a milestone in their bilateral relations and paves the way for implementing long-delayed BRI projects.
- Nepal, which joined the BRI in 2017, had seen no significant progress until now.
- Key terms of the framework, signed by Nepal’s acting Foreign Secretary Amrit Bahadur Rai and China’s Liu Sushe of the National Development and Reform Commission, include “aid and technical assistance,” replacing previous references to grants with investments.
Netumbo Nandi-Ndaitwah Becomes Namibia’s First Female President
- Netumbo Nandi-Ndaitwah, affectionately referred to as “NNN,” has created history by becoming Namibia’s first female president.
- A veteran in Namibian politics, her journey from a freedom fighter opposing South African occupation to a prominent leader in the nation’s post-independence era is inspiring.
- At 72, she secured over 57% of the votes, overcoming significant political opposition.
- Her rise underscores the impact of perseverance, activism, and her unwavering commitment to driving economic and social reforms.
National News
Hyderabad to Host Google Safety Engineering Centre
- Google has partnered with the Telangana government to establish the Google Safety Engineering Centre (GSEC) in Hyderabad.
- This state-of-the-art cybersecurity hub will be Google’s second in the Asia-Pacific region, following Tokyo, and fifth globally, joining centers in Dublin, Munich, and Malaga.
- The facility aims to advance cybersecurity technologies, provide skill development opportunities, and generate employment in the region.
MHA Reinstates FCRA Licenses for CNI and Approves USIN Foundation
- The Union Ministry of Home Affairs (MHA) has granted Foreign Contribution Regulation Act (FCRA) licenses to the USIN Foundation, a prominent think tank, and the Synodical Board of Social Services of the Church of North India (CNI).
- This approval reinstates CNI’s license, which was revoked last year, enabling the organization to once again receive foreign funding for its social and religious initiatives.
- The decision aligns with the MHA’s ongoing scrutiny of NGOs, showcasing heightened regulatory vigilance while permitting credible entities to continue their work.
Pralhad Joshi Unveils ‘Anna Chakra’ and SCAN Portal
- The Union Minister of Consumer Affairs, Food and Public Distribution, as well as New & Renewable Energy, Shri Pralhad Joshi, introduced two significant initiatives: the ‘Anna Chakra’ and the SCAN (Subsidy Claim Application for NFSA) portal.
- These developments aim to enhance the efficiency and modernization of India’s Public Distribution System (PDS) and streamline subsidy claim procedures.
Ranks & Reports News
IndiGo Ranks Low in Global Airline Report
- IndiGo Airlines has been ranked 103rd out of 109 airlines in the 2024 AirHelp Score report, placing it among the worst performers globally.
- The low-cost carrier has raised concerns about the survey’s methodology, questioning its transparency, particularly regarding the sample size in India.
- Air India fared slightly better, ranking 61st, but the findings have prompted a mixed reception.
Economy News
World Bank Funds Development in Maharashtra
- The World Bank has sanctioned a loan of $188.28 million for Maharashtra, focusing on economic development in its less-developed districts.
- Provided through the International Bank for Reconstruction and Development (IBRD), the loan carries a 15-year term, including a five-year grace period.
- The initiative seeks to enhance governance at the district level, improve e-governance services, and encourage private-sector participation to stimulate growth and create jobs.
OECD Increases India’s Growth Forecast for FY25
- The Organisation for Economic Co-operation and Development (OECD) has revised India’s GDP growth projection for FY25 to 6.8%, up from 6.7%.
- This optimistic outlook is attributed to strong public infrastructure investments, robust private consumption, and recovery in agricultural productivity.
- The report predicts sustained growth momentum into FY25 and FY26, driven by rising investments and rural income.
- Despite global economic uncertainties, India’s resilience indicates a promising future.
Banking News
SEBI Clarifies Optional SDP Recognition for Digital Platforms
- The Securities and Exchange Board of India (SEBI) has stated that registration as Specified Digital Platforms (SDPs) is not mandatory for digital platforms.
- The framework intends to simplify compliance for regulated entities while maintaining flexibility for digital platforms.
- SEBI emphasized that SDP recognition is a voluntary measure, and no binding regulatory framework governs SDPs.
Key Outcomes of RBI’s December 2024 Monetary Policy Meeting
- The Reserve Bank of India (RBI) held its bi-monthly Monetary Policy Committee (MPC) meeting in December 2024, unveiling measures to address economic challenges while ensuring stability.
- Governor Shaktikanta Das announced a 50 basis point reduction in the Cash Reserve Ratio (CRR) to 4%, addressing liquidity concerns.
- The MPC maintained the repo rate at 6.5% by a 4-2 majority and retained the Standing Deposit Facility (SDF) rate and the Marginal Standing Facility (MSF) rate at 6.25% and 6.75%, respectively.
- The cautious stance reflects a balanced approach to inflation and growth.
Awards News
Scottish Sikh Artist Wins Turner Prize 2024
- Jasleen Kaur, a Glasgow-born Scottish Sikh artist, has been awarded the prestigious Turner Prize 2024 for her exhibition Alter Altar.
- Her work, blending sculpture, sound, and music, explores themes of cultural inheritance, community, and anti-colonial struggles.
- Renowned for its innovative narrative style, Kaur’s art reflects resilience and identity, using everyday objects to tell profound stories.
Important Days
All India Civil Defence and Home Guards Day
- Observed annually on December 6, this day recognizes the voluntary efforts of Home Guards and Civil Defence organizations.
- The event commemorates the establishment of the Home Guard force in the Bombay Province on December 6, 1946.
- Over time, this force has evolved into a crucial auxiliary unit, supporting the nation during crises, natural disasters, and emergencies.
Mahaparinirvan Diwas 2024: Honoring Dr. B.R. Ambedkar
- December 6 marks Mahaparinirvan Diwas, the death anniversary of Dr. B.R. Ambedkar, the principal architect of India’s Constitution.
- Known for his relentless efforts to eliminate caste-based discrimination and promote equality, Dr. Ambedkar’s contributions continue to inspire millions.
- People across India pay tribute to his legacy by reflecting on his teachings and commitment to creating an inclusive society.
