Weekly Current Affairs December: Week 1

Banking and Financial Awareness

The six-member monetary policy committee of RBI has decided to keep the repo rate unchanged at 6% under the liquidity adjustment facility (LAF) consequently; the reverse repo rate and bank rate also remained unchanged at 5.75% and 6.25% respectively.
Corporation Bank has launched its RuPay Select and RuPay Platinum credit cards.
Paytm Unveils 'Paytm Ka ATM' Partner Outlet for Banking Operations also it is the only bank providing zero balance accounts and zero charges on digital transactions.
Axis Securities, a subsidiary of Axis Bank, has become the first-ever broking arm of a bank to take membership of a commodity exchange by registering itself with NCDEX.
India's GDP Growth to Rising to 7.5 pc in 2018: Morgan Stanley
Paytm Payments Bank rolled out Paytm FASTag to enable electronic toll fee collection on highways across the country, from December 1.
Paytm Acquires Stake in online Loans Firm CreditMate.
Paytm Introduces BHIM UPI for Seamless Money Transfer.

Preet Didbal has been elected as the mayor of Yuba city in California, who is the first Sikh woman to hold the position in the United States.
Azar A.H.Khan Appointed Next Ambassador of India to Turkmenistan.
London Mayor Names Deepak Parekh as First International Ambassador.
Swiggy Appoints Vishal Bhatia as CEO of New Supply Business.
Ellie Goulding Honored as UN Environment Global Goodwill Ambassador.
Rahul Singh, New President of the National Restaurant Association of India.

Dangal Wins Best Asian Film Award at AACTA.
President Ramnath Kovind confers 'National Awards for Divyangjan 2017' on the occasion of International Day of Persons with Disabilities, in New Delhi.
The 23rd edition of the Star Screen Awards was held at Mumbai.

India and Cuba Sign MoU for Enhanced Cooperation in Health Sector.
Indian and Italy Sign MoU for Cooperation in Agriculture and Phytosanitary Issues.
India and Germany Sign Govt- to-Govt Umbrella Agreement.

British singer-songwriter Ellie Goulding has been appointed as the Global Goodwill Ambassador for UN Environment.
Venezuela has launched its own cryptocurrency called Petro.
The US and South Korea have started their largest-ever joint air exercise Vigilant Ace. North Korea has labelled this exercise an "all-out provocation".
Russia Banned From Winter Olympics 2018.
A 16-year old boy Mohamad Al Jounde from Syria has been awarded the International Children's Peace Prize.
The Silence Breakers’ Named Time’s Person of the Year for 2017. The "Silence Breakers" is a group of five women who came forward to share their experiences of sexual assaults and harassment at workplace.
Christiano Ronaldo Wins 5th Ballon d'Or 2017.
ADB Funds $580 Million for Reliance’s Bangladesh Power Plant Project.
Iranian President Inaugurates First Phase of Chabahar Port.
Supreme Court Allows Trump's Travel Ban to go into Full Effect.
USA Now Recognizes Jerusalem as Israel's Capital.

The first international conference and exhibition on AYUSH and wellness systems, International Arogya 2017, was inaugurated in Delhi by Suresh Prabhu, Minister of Commerce and Industry.
India's largest floating solar power plant in the country at the Banasura Sagar dam in Wayanad was inaugurated by Kerala Electricity Minister M M Mani.
Clean Sea-2017’, the Regional Level Marine Oil Pollution Response Exercise conducted by the Indian Coast Guard (ICG) at sea off Port Blair, Andaman & Nicobar Islands.
Minority Status for Hindus: George Kurien Committee Constituted.
Kumbh Mela, the largest congregation of pilgrims on the planet has secured its place in UNESCO's Intangible Cultural Heritage List.
One of the seven wonders of the world and the symbol of eternal love Taj Mahal is UNESCO's second-best World Heritage Site in India.
Amitabh Kant Panel to Tackle NPA in Power Sector.
6th International Tourism Mart to Begin in Guwahati.
India’s Largest Floating Solar Power Plant Opens in Kerala.
Kacheguda Railway Station in Hyderabad Becomes India’s First Energy-Efficient Railway Station.

UAE, UK, US and French Armies Hold Joint Exercises in Abu Dhabi
The Surface to Air Missile AKASH Successfully Launched.
India has added another feather in its cap of indigenously built missiles by successfully testing surface-to-air Akash missile at Chandipur.
South Korea, US Launch Largest Air Exercise.

Andhra Pradesh Assembly Passes Kapu Reservation Bill.
UP's Shamli Becomes 23rd District to be Included in NCR.
The 6th edition of International Tourism Mart 2017 was inaugurated in Guwahati by the Governor of Assam Shri Jagdish Mukhi.
UP, First State to Endorse Centre's Triple Talaq Draft Bill.
Kerala to Raise Minimum Liquor Drinking Age from 21 to 23.

A visually impaired Reserve Bank of India employee has brought laurels to India by claiming gold at the World Para-Swimming Championship in Mexico.
India Wins First-Ever South Asian Regional Badminton Team Championship.
Yuvraj Singh Launches UNICEF-ICC's Adolescent Campaign.
Russia Banned from 2018 Winter Olympics.
Prithvi Shaw Named India's Captain for 2018 U-19 World Cup.
Deepika Kumari Wins Bronze at Indoor Archery World Cup.