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Sunday, December 23, 2012

December 2012- Latest Current Affairs

Current Affairs- December 2012
Current Affairs December 2012 -Third Week

U.S. beauty Olivia Culpo crowned Miss Universe 2012
Olivia Culpo, a 20-year-old Rhode Island native, beat 88 other beauty queens to be crowned as Miss Universe 2012 at a gala ceremony in Las Vegas on December 20, 2012. Philippines’ Janine Tugonon was adjudged the first runner-up followed by Venezuela’s Irene Esser. Ms. Culpo, who grew up in Cranston, Rhode Island and dreams of making it big in showbiz, has brought the title back to the U.S. after a decade. Brooke Lee was the last winner in 1997. Wearing a red gown, Ms. Culpo was crowned by 2011 winner Leila Lopez of Angola during the competition that lasted for two hours.
Other Highlights
·        India’s Shilpa Singh made only to the top 16 spot.
·        The panel of 10 judges included names like singer Cee Lo Green, ‘Iron Chef’ Masaharu M Orimoto and Pablo Sandoval of the San Francisco Giants.
·        Philippines’ Janine Tugonon the first runner-up
Hat-trick for Narendra Modi in Gujarat Assembly Elections;  Congress wins Himachal Pradesh

Narendra Modi swept back to power in Gujarat for the third time by winning 115 while Congress party could manage just 61 seats. Narendra Modi who is set to become the Chief Minister yet gain beat his nearest rival Shweta Bhatt by a margin of over 86,000 votes in Maninagar.

World Cup Kabaddi Tournament 2012 won by India
India on 15 December 2012 won the 3rd World Cup Kabaddi Tournament for the third consecutive time in the Men’s category and second consecutive time in the Women’s category both held at Guru Nanak Dev Stadium in Ludhiana. Indian men defeated arch rival Pakistan with a margin of 37 points whereas, Indian women thrashed Malaysia 72-12. The Kabaddi world cup was a 15-day tournament. In men's category, third prize went to Canada and in women's category, it was given to Denmark. Indian men registered a hat trick by outclassing Pakistan in every aspect of game. At the end of the first half, Indian men squad was leading with a point difference of 34-9. India’s raider and stoppers showed an extraordinary sport in collecting points for their country. Women’s final was virtually a one sided show as Malaysian team was no match against Indian eves.
Constitution Amendment Bill on Quota for SC/STs in Government Job passed by Huge Majority in Rajya Sabha

The Constitution Amendment Bill that provides quotas for SCs and STs in Government Job Promotions was approved in Rajya Sabha on 17 December 2012 by an overwhelming majority. The new amendment demands retaining of Article 335 and deletes the words or in the article to make sure that condition of efficiency as mentioned in the Article continues to be the part of Indian Constitution and not wiped out. The bill would also ensure that the provision of the Article 335 and its effects are retained and allows related standards for promotion against reserved vacancies to candidates belonging to Scheduled Castes and Tribes.
Ranbir Kapoor to be Brand Ambassador of Blackberry Smartphone maker Research-In-Motion (RIM)
Blackberry Smartphone maker Research-In-Motion (RIM) in third week of December had signed in Ranbir Kapoor as its brand ambassador in India. The signing of Ranbir Kapoor is a move to attract young entrepreneurs and professionals, as the celebrity endorsement is an accepted norm in India in terms of youth and consumer association with brand. It is also the first time Blackberry had signed a celebrity in India as its brand ambassador.

Jeet Thayil among 24 Chosen for Sahitya Akademi Award
Jeet Thayil - nominated to Booker Prize 2012, Subrata Mukhopadhyay - the Bengali novelist, K Satchidanandan - the Malayalam poet and HS Shivaprakash - the noted Kannada writer are among the 24 authors, who were chosen for the Prestigious Sahitya Akademi Awards 2012 on 20 December 2012 by the Sahitya Akademi - India’s National Academy for Letters. Jeet Thayil was chosen and awarded for his poetry collection in English - These Errors are Correct. Marannu Vecha Vasthukal the poetic creation of Satchidanandan helped him to be nominated for the award whereas the Novel Birasan helped Subrata Mukhopadyay in winning the nomination for the award.

Delhi Government to Draft New Bill for Amendments in Law on Rape, Sexual Assault
In the background of Vasant Vihar gang rape which took place on 16 December 2012, Delhi Government decided drafting new bill for making amendments in the law against rape and sexual assault. It was decided that amendments would be made so that the law against rape and sexual assault were more stringent. The new bill would be prepared by Additional Solicitor General Indira Jaising and it would later be moved to Home Ministry via Delhi Chief Minister Sheila Dikshit. The new bill would aim at filling gaps in present law on rape and sexual assault. At present, the laws on rape and sexual assault have various gaps in justice delivery system. Decision to draft new bill was taken by CM Sheila Dikshit after negotiations with social workers, professors and experts.

Lok Sabha Passed the banking bill Clearing way for New Corporate Licenses

The Lok Sabha on 18 December 2012 passed the Banking (Amendment) Bill, which majorily focuses on attracting more foreign investment into the banking industry and cleared a major obstacle and paved the way for the Reserve Bank of India to issue new bank licenses.
 Highlights of the Bill is as Follows
• The Bill was passed after the government agreed to drop the debatable Forwards Markets Contract Clause, which proposed permitting banks to enter commodity futures trading.
• Introduced in the Lok Sabha in March 2011, the Bill gives the RBI the power to surpass bank board as well as to inspect the books of associates of banking company.
• The Bill allows foreign banks to convert their Indian operations into local subsidiaries or transfer shareholding to a holding company of the bank without paying stamp duty.
• The Competition Commission clause in the Banking Bill had also been modified which will allows RBI to remain the banking regulator, while the Competition Commission of India (CCI) will regulate mergers and acquisitions.
• CCI will have the power to investigate and clear mergers and acquisitions in the banking sector.
• It also provides for voting rights to investors in private sector banks appropriate with their shareholding. The cap on voting rights for investors in private sector lenders, such as HDFC Bank and ICICI Bank, will now rise to 26 per cent from 10 per cent, and to 10 per cent for government banks, such as State Bank of India, from just 1 per cent.
• The passage of the Bill was critical to the government as it paves the way for the Reserve Bank of India (RBI) to issue new banking licenses to the private sector

• In October2012, the Cabinet approved the Forward Contract Regulation Act (FCRA) Amendment Bill to give more powers to the FMC, but the Bill is yet to get Parliamentary approval.
• Foreign banks have long sought these changes which will now help them in expanding their operations in India.
Roger Federer - Swiss Male Athlete of the Year
The world No.2, 17 times Grand Slam champion Roger Federer, 31,  was named Swiss Male Athlete of the Year on 16 December 2012. Federer received the honour for the fifth time. Roger Federer, the Swiss tennis player acquired the same title in 2003, 2004, 2006 and 2007. The female Athlete of the year was Nicola Spirig, the Olympic triathlon champion of Switzerland.

Subhash Joshi -New Chief of Indian Border Security Force (BSF)
Subhash Joshi on 18 December 2012 appointed as the new chief of Border Security Force (BSF) while special secretary in home ministry Ajay Chadha appointed to head the Indo-Tibetan Border Police (ITBP). Subhash Joshi is at present is the director general of National Security Guard and he is going to lead the 1.8 lakh strong border force BSF. The post of the chief of Indian Border Force had fallen vacant on 1 December 2012 due to retirement U K Bansal’s, the director general of the Border Security Force ( BSF).
The above appointments is going to be in effect from the dates these officers assume charge of their posts and till their superannuation or until further orders, whichever event takes place earlier.

Queen Elizabeth Became First Peacetime British Ruler to Attend Cabinet Meeting
On 18 December 2012, Queen Elizabeth became first British ruler ever since 1781, who attended the cabinet meeting. Though she did not take part in any deliberations, but she participated in the cabinet meeting as an observer and a listener. Queen Elizabeth remained seated on the chair which is usually occupied by the prime minister. At present, Britain has a tradition of monarch allowing a weekly audience to PM in order to receive private as well as confidential briefing. But actually, the Queen just rubber stamps the ministerial decisions, maybe sometimes in presence of the Privy Council.

Historic series win for England Cricket Team in India
The last test match between India and England of the Tournament England Tour to India ended up as a draw and with this India lost the four-test match cricket series against England by 1-2 on 17 December 2012. With this win England succeeded in ending a 28 year long wait of winning a test series on Indian Soil. Before this the English side under the captaincy of David Gower won the test series in India 1984-85.
Series Highlights
·        The first Test was played at Ahmedabad from 15 November to 19 November 2012 in which India won the match by 9 wickets.
·        The second was played at Mumbai from 23 November to 26 November 2012 in which England won the match by 10 wickets
·        In the third test match played at Kolkata from 5 December to 9 December 2012 England won the match by 7 wickets
·        The fourth & last test resulted in a draw and was played at Nagpur from 13 December to 17 December 2012

Indigenous Japanese Encephalitis (JE) Vaccine Developed by India
First vaccine of the world was developed against Japanese Encephalitis (JE) using the Indian strain of virus. National Institute of Virology (NIV), Pune offered the strain of JE virus to Bharat Biotech. This JE virus was gathered from Kolar in Karnataka. Bharat Biotech had submitted results from final human trials to Drug Controller General of India (DCGI) so that it could have marketing clearance. Currently, India imports the stock of JE vaccine from National Biotech Group of China. The arrival of this indigenous Indian vaccination will help in protection of the Indian population against the disease which is largely growing in the country.
What is Japanese Encephalitis (JE)?
JE is the mosquito-borne virus which mainly affects the CNS or Central Nervous System. It can be transmitted to human beings if infected mosquito bites. Mosquitoes in turn are affected when they feed on domestic pigs that carry this virus. JE usually affects children who are below 15 years of age. Around 25 percent affected children usually die and among those who survive, 30-40 percent suffer from mental and physical impairment. In 2011, it was reported that JE had occurred in 135 districts in 17 states of India.

Naina Lal Kidwai became the First Woman President of FICCI
On 15 December 2012 Naina Lal Kidwai took over as President of FICCI (Federation of Indian Chambers of Commerce and Industry), becoming the first woman to head the leading industry body. Kidwai, is the first woman and professional manager to be elected as President of the chamber. She is 55 years old.  Chairman of Digjam Ltd, Sidharth Birla was elected as Senior Vice-President of FICCI. Kidwai succeeded R V Kanoria of Kanoria Chemicals & Industries Ltd. Chairman of Xpro India Ltd. Naina Lal Kidwai is the Country head of HSBC India and Director of HSBC Asia Pacific.

Prepared by: currentaffairs4examz.blogspot.com
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