Current Affairs 2019, Daily Gk updates 2019 : 6th December Daily Current Affairs 2019

Current Affairs 2019 | Daily GK Updates :  6 December 2019 Daily Current Affairs 2019:

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National (Current Affairs)

♦Avantee mega Food Park inaugurated in MP’s Dewas

• In Madhya Pradesh, Union Minister for food processing Harsimrat Kaur Badal inaugurated Avantee mega Food Park in Dewas. This first food park of central India is spread over 51 acres and has been constructed at a cost of about 150 crore rupees.
• Processing of soyabean, gram, wheat and other grains and vegetables will be done in the park. Warehouses will also be opened in Indore, Ujjain, Dhar and Agar in the next phases.

♦Rajya Sabha forms informal group to study issues related to pornographic content on Internet, social media headed by Jairam Ramesh

• Rajya Sabha Chairman Venkaiah Naidu on 5^th December announced the formation of a 14-member informal group to study issues related to pornographic content on the Internet and social media platforms.
• Congress leader Jairam Ramesh will co-ordinate the group which will submit its report within a month.
• The group will share its “informal report” on pornographic content on the Internet and social media platforms after discussing it with civil society groups, compulsory emergency responsive teams and social media companies.

International (Current Affairs)

♦India Extends Line of Credits for two solar projects in Guinea

• India has extended Line of Credits for two solar projects in Guinea. The agreements were exchanged in the presence of External Affairs Minister S Jaishankar and his Guinean counterpart Mamadi Toure. The two countries also signed an agreement for the development of a water supply agreement in Guinea.
• Development of the solar projects reflected Guinea’s commitment to the International Solar Alliance (ISA).

Note: About Guinea

Capital: Conakry

President: Alpha Condé

Currency: Guinean franc

♦Namibian president Hage Geingob won the country’s presidential elections

• Namibian president Hage Geingob won the country’s presidential elections second time with a diminished majority of 56.3 percent, the worst performance of any ruling party candidate for nearly 30 years.
• Geingob was declared president on Saturday of this week’s vote, retaining his position and the ruling South West Africa People’s Organisation’s (SWAPO) long dominance of power, despite a recession and a corruption scandal that has fuelled popular discontent.

Note: About Namibia

Capital: Windhoek

Currencies: South African rand, Namibian dollar

Banking and Financial

♦MoUs signed with Amazon, Flipkart to provide global market access to MSMEs

• Punjab industries and Commerce Minister Sunder Sham Arora on 6^th December signed MoUs with key e-commerce giants Amazon and Flipkart to enable access to new markets for the Punjab-based MSMEs. The minister said that the the MoU will enable B2B linkages with key international markets, including US, Canada, Europe.
• Benefit: Flipkart will facilitate access for MSMEs to new domestic markets, impetus to handloom weavers and small enterprises in the State.

♦Mastercard ties up with Thailand Tourism Authority

• Global payments technology major Mastercard has tied up with the Thailand Tourism Authority (TAT) to tap Indians travelling to the ASEAN country.
• Mastercard data, there has been 20 per cent increase in spends on cashless transactions in Thailand by Indians as compared to 2018-19.
• “Mastercard works in promoting tour and travel all around the world, it is something we have done for many years. We work with many of our partner banks, it is not about only Thailand.

Note: About Thailand

Capital: Bangkok

Currency: Thai baht

♦RBI releases “Guidelines for ‘on tap’ Licensing of SFB in the Private Sector”

• The Reserve Bank of India released guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector. Now payments banks willing to convert themselves into small finance banks (SFBs) can apply for such a licence only after 5 years of operations.
• The licensing window will be open on-tap. The minimum capital for setting up an SFB has been mandated at ₹200 crores, adding for primary (urban) co-operative banks (UCBs), which wish to become SFBs, the initial requirement of net worth will be ₹100 crores, which will have to be increased to ₹200 crores within five years from the date of commencement of business. SFBs will be given scheduled bank status immediately upon commencement of operations.

♦Forex reserves hit a new high of $451 billion

• Foreign exchange reserves continue the upward journey surging to a new high of $451.7 billion as of December 3.
• Since the beginning of the current financial year, the forex kitty has gained by $38.8 billion as of December 3, the largest in recent year. The total reserves had risen by $347 million to $448.596 billion in the week to November 22, the last reported number by the RBI.

Awards

♦Colm McLoughlin Receives the ABLF Lifetime Achievement Award

• Dubai Duty Free’s Executive Vice Chairman & CEO, Colm McLoughlin received the “Lifetime Achievement Award” at the Asian Business Leadership Forum (ABLF) and Awards.
• Established in 2007, the ABLF is held under the patronage and guidance of H.H. Sheikh Nahayan Mabarak Al Nahayan, Cabinet Member and Minister of Tolerance, UAE, and is recognised by the Federal Government through a long-term partnership with the UAE Ministry of Economy.
• The ABLF Lifetime Achievement Award is a heartfelt felicitation of a true visionary. Wielding immense influence, this achiever mentors a generation of powerful business leaders.

♦“Shilpa Shetty App” wins in 2019 Google Play Awards

• Actress Shilpa Shetty is super happy as her fitness and wellness application “ShilpaShettyApp” was awarded Google Play’s Best Apps of 2019 in the ‘Personal Growth’
• Shilpa Shetty has a million Subscriber on YouTube channel, she got the Golden Button and Shilpa Shetty expressed her happiness on social media. You must have seen what you did on the media.

Sport

♦Roger Federer’s face to go on Swiss coin

• Tennis legend Roger Federer will become the first living person in Switzerland to have a coin minted in his honour. The Federal Mint, Swissmint, has created a 20-franc silver coin bearing Federer’s image.
• It’s the first time in its history that Swissmint has created a commemorative coin to honour a living person.

Appointment

♦CSB Bank re-appoints Rajendran Chinna Veerappan as MD & CEO

• The Kerala based Catholic Syrian Bank, in its board meeting held on 2 December, re-appointed Rajendran Chinna Veerappan as Managing Director and CEO of the Bank.
• Veerappan has been on CSB board since November 2016 and his tenure was to end on 8 December. The board of directors of the bank have appointed for another three years with effect from 9 December till 8 December 2022.