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Weekly Current Affairs December: Week 4

Published on January 01, 2018

Banking and Financial Awareness:

  • State-Run Banks' NPAs Touched Rs 7.34 Lakh Crore- RBI Data.
  • KKR gets RBI Nod to Start India’s 1st Foreign-owned ARC.
  • Lok Sabha passes Insolvency & Bankruptcy Code Amendment Bill, 2017.
  • SBI Gets Board Approval to Raise Rs 8,000 crore to Comply Basel III.
  • Sohan Lal Commodity Management (SLCM) Ties up with HDFC, IndusInd bank for Post Harvest Credit.
  • Bank of Baroda Enters into MoU with POORTI Agri Services Pvt. Ltd.
  • SEBI Caps Cross-Shareholding in Rating Agencies at 10%.
  • Small Savings Schemes’ Interest Rates Cut by 20 bps.
Weekly Current Affairs December: Week 4


  • Secretary-General of the United Nations António Guterres has appointed Henrietta H Fore as the new Executive Director of UNICEF.
  • IPS officer Abhay appointed DG of Narcotics Control Bureau.
  • Amardeep Singh Bhatia was appointed as new director of Serious Fraud Investigation Office (SFIO).
  • Sumita Misra appointed as joint secretary in PM’s Economic Advisory Council.
  • Vinay Sahasrabuddhe as President of the Indian Council of Cultural Relations (ICCR).
  • George Weah Elected Liberian President.


  • Bengali Film Actor Partha Mukhopadhyay Passes Away.
  • Music Legend Robbie Malinga Passes Away.
  • The creator of Bugs Bunny, Bob Givens, Passes Away at 99.
  • Veteran Sports administrator Ashok Mattoo Passes away.

Honour and Awards

  • Anushka Sharma Named PETA's Person of the Year.
  • Veteran singer K S Chitra has been selected for prestigious ‘Harivarasanam’ award 2017.

Important Days

  • Good Governance Day: 25 December 2017
  • The day is celebrated annually since 2014 to mark the birth anniversary of former Prime Minister Atal Bihari Vajpayee.

MoUs and Partnerships:

  • Kabul and Mumbai Linked with Second Air Corridor.
  • India, World Bank Ink $40 Million Loan Agreement for UP Tourism.
  • UP inks MoU with South Korea in field of tourism, skill development, culture and farming.
  • Government, World Bank ink loan agreement for Tamil Nadu Irrigated Agriculture Modernization Project.
  • Amazon Acquires Connected Security Camera Maker 'Blink'.
  • IRDAI Norms Allow Insurers to Begin Offshore Business From GIFT IFSC.
  • Bilateral Meeting Between External Affairs Minister of India and Jordan Held in New Delhi.

Important News- World

  • Belgium-First Country to Appoint Female Envoy to Saudi Arabia.
  • AG600, world's largest amphibious aircraft that is China's home-grown took off from the southern city of Zhuhai.
  • India and Afghanistan launch 2nd air cargo route linking Kabul with Mumbai.
  • China Launches World's Largest Human Genome Research Project.
  • WHO to classify Gaming Disorder as mental health condition.
  • World’s Longest Glass Bridge Opens in China.
  • Modi to be First PM to Attend World Economic Forum in 20 years.

Important News- India

  • IACS Developed Hydrogel to Remove Toxic Dyes and Metal Ions.
  • Govt Mint Launches High Purity Gold Reference Standard.
  • UP launches Prakash Hai to Vikas Hai Scheme.
  • Blue Flag Pilot Project Launched for Beach Clean-up.
  • President Kovind Inaugurates AP Fibre Grid Project.
  • Bankruptcy Code (Amendment) Bill 2017 Passed in Lok Sabha.
  • India’s first-ever broad gauge air-conditioned AC EMU suburban train flagged off in Mumbai.
  • Government launches e-HRMS (electronic-Human Resource Management System).
  • Blue Flag pilot project launched for beach clean-up and development.
  • India to become fifth largest economy in 2018: Report.
  • India’s first pod taxi to follow US safety norms.
  • Lok Sabha passes GST (Compensation to States) Amendment Bill, 2017.
  • Parliament passes Indian Institute of Petroleum & Energy Bill, 2017.
  • Parliament passes Delhi Laws (Special Provisions) Second Amendment Bill, 2017.
  • Government launches Livestock Disease Forewarning–Mobile Application.
  • Environment Ministry launches Regional Project to Tackle Stubble Burning.
  • President Inaugurated 100th Indian Economic Association Conference.

Business, Science and Technology

  • China has successfully launched its Land Surveying Satellite LKW-2.
  • US scientist developed Reservoir computing system developed to help machines to think just like humans.
  • China successfully launches remote sensing satellites of Yaogan-30 project.
  • 25th National Children Science Congress held in Gujarat.


  • India Successfully Test-fires Supersonic Interceptor Missile.
  • Prithvi supersonic interceptor missile successfully test fired from Odisha.
  • ISRO to launch 31 satellites in single mission in January 2018.
  • Indo-Maldives Joint Exercise ‘Ekuverin’ Concludes in Karnataka.

Important News- States

  • Jairam Thakur Is the New Chief Minister of Himachal Pradesh.
  • Bengaluru Becomes First City to Get its Own Logo.
  • Gujarat is hosting the 25th edition of National Children Science Congress (NCSC) from December 27 to December 31, 2017.
  • Maharashtra & UP top in GST collection in first five months.
  • Vijay Rupani sworn in as Chief Minister of Gujarat.
  • President inaugurates Andhra Pradesh Fiber Grid Project.

Sports News

  • BCCI Appoints Saba Karim as General Manager.
  • Jitu Rai Shoots 50m Pistol Gold With Record Score.
  • Viswanathan Anand wins World Rapid Chess Championship.
  • Globe Soccer Awards 2017: Winners List
  • I. Best Player of The Year - Portugal Cristiano Ronaldo
  • II. Best Club of the Year - Spain Real Madrid.
  • Saudi Arabia is hosting a world chess tournament for the first time.

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