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Weekly Current Affairs December: Week 2

Published on December 18, 2017

Banking and Financial Awareness:

  • India International Exchange (India INX) has received approval from SEBI for the listing of debt securities.
  • RBI Imposes Restrictions on Corporation Bank for its Bad Loans Crosses 10%.
  • RBI Imposes Rs 3 crore Penalty on IndusInd Bank for break rules on income classification norms.
  • SBI Starts State Bank Rewards Scheme.
  • RBI Raises FPI Limit Rs 6,400 crore in Central Government Securities (G-Secs) and Rs 5,800 crore in State development loans (SDLs).
  • ADB Lowers India’s GDP forecast for FY18 to 6.7%.
  • WPI Inflation at 8-month High of 3.93% in November.

Weekly Current Affairs December: Week 2


  • Uma Shankar Appointed RBI Executive Director.
  • Rahul Gandhi Elected Indian National Congress President.
  • Nakul Chopra Elected as BARC India Chairman.
  • Pradeep Singh Kharola Takes Over as Air India CMD.
  • Dhammapiya from Tripura has been elected as the new secretary general of the International Buddhist Confederation (IBC).


  • Pioneer of DNA Fingerprinting Lalji Singh Passes Away.
  • Actor-Director Neeraj Vora Passes Away.
  • Journalist Batuk Gathani passes away.
  • Congress leader Chaudhary Prem Singh passes away.

Honour and Awards

  • Jitesh Singh Deo Wins Mr India World 2017.
  • The School Bag’ Wins Best Short Film Award.
  • Priyanka Chopra Honoured with Mother Teresa Memorial Award.
  • Dr Mahesh Sharma Inaugurates the ‘Bodhi Parva’.
  • India Wins 5 Medals at 10th Asian Airgun Shooting Championship.
  • Vice President Confers 'Yeraringan' Award to M.S. Swaminathan.
  • J.K. Rowling Honoured With Royal Companion Of Honour Award.

Important Days

  • International Mountain Day – December 11
  • National Energy Conservation Day: December 14
  • Human Rights Day- 10 December, The Campaign is named as #standup4humanrights.

MoUs and Partnerships:

  • Various MoUs Signed between India and Morocco, for corporation in road transport, water resources and the marine sector, enhanced cooperation in healthcare.
  • Finance Minister Holds 5th Pre-Budget Consultation Meeting.
  • Russia-India-China Foreign Ministers Meet Begins in Delhi.
  • 14th Inclusive Finance India Summit Begins in New Delhi.
  • ASEAN–India Connectivity Summit held in New Delhi.
  • 4th India-Australia-Japan Trilateral Dialogue Held in New Delhi.
  • India Signs Loan Agreement with World Bank for $250 Million for SANKALP Project.
  • 7th International Ground Water Conference held in New Delhi.

Important News- World

  • 'Youth quake' Oxford Dictionary's Word of the Year.
  • Norway Shuts National Broadcasts on FM.
  • World Bank to stop funding oil, gas projects from 2019.
  • Sri Lanka Hands Over Hambantota Port to China on 99-Year Lease.
  • China Starts world's Biggest Floating Solar Project.
  • Saudi Arabia Lifts Ban on Movie Theatres after 35 Years.
  • AIIB Grants 1st loan to China to Reduce Dependence on Coal.
  • 2nd UNWTO/UNESCO World Conference on Tourism and Culture Held in Muscat.
  • 11th WTO Ministerial Conference Held in Argentina.
  • MIT scientists create plants that can glow in dark.

Important News- India

  • New Delhi Hosts ICOMOS at 19th Triennial General Assembly. The Theme of ICOMOS is "Heritage and Democracy".
  • The 14th Inclusive Finance India Summit began in New Delhi.
  • Global Prosperity Index: India Ranks 100.
  • India ranks 109th in mobile internet speed by Ookla.
  • Govt. Launches Door-to-door Campaign against T.B.
  • India to Host 3rd Annual Meeting of Board of Governors of AIIB.
  • Railways have introduced Indian Railways E-Procurement System (IREPS), an online bill tracking system for vendors and contractors.

Business, Science and Technology

  • Maruti Suzuki Replaces SBI as 6th Most Valuable Indian Firm.
  • OBOPAY Gets Pre-Paid Instrument Licence from RBI.
  • Ministry Launched First NIC-CERT a setup of National Informatics Centre to prevent and predict cyber-attacks on government utilities in New Delhi.
  • ISRO is developing small satellite launch vehicles to launch low-cost small satellites. 


  • INS Kalvari: First Scorpene-class submarines inducted in Indian Navy.
  • PM Narendra Modi Inducts Scorpene-Class Submarine Kalvari into Indian Navy.
  • Exercise Ekuverin 2017: India-Maldives bilateral military exercise held in Belagavi.

Important News- States

  • Rajasthan Becomes First State to Offer e-mail IDs in Hindi.
  • Jammu and Kashmir govt. launches Saubhagya Scheme.
  • ADB approved USD 346 million to Karnataka to upgradation project of highways to the state government.
  • Bihar Government launches Safe City Surveillance scheme for Women Safety.
  • Adivasi Mahotsav 2017: Tribal Festival organised in Chhattisgarh.
  • India’s first Electronic Manufacturing Cluster set up in Andhra Pradesh.

Sports News

  • Roger Federer named BBC Overseas Sports Personality of the Year.
  • India to Host 2021 Champions Trophy, 2023 World Cup.
  • India Becomes 1st Ever Team to Register Hundred 300+ ODI Totals.
  • India Beat Germany, Win Bronze at Hockey World League Final.
  • Jitu Rai and Heena Sidhu Win bronze Medals at Asian Championships.
  • Australia Beat Argentina to Win Gold in Hockey World League Final.
  • Indian Golfer Shubhankar Sharma claimed his maiden European Tour victory in the Joburg Open, in South Africa.
  • BCCI Lifts Ban on Rajasthan Cricket Association.

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