ISRO will launch Communication Satellite CMS-01

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1. PM Modi addresses the inaugural session of the 93rd Annual General Meeting of FICCI

  • Prime Minister  Narendra Modi  said through video conferencing  93 th Annual General Meeting of FICCI ( Annual General Meeting )  addressed the opening session of the annual conference.
  • The conference will be organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) from December 11 to 14, 2020.
  • The theme of FICCI 93rd AGM is  ‘Inspired India’  . At the same time, the Prime Minister also inaugurated the virtual FICCI Annual Expo 2020, which will continue for a year, starting on 11 December 2020.
  • The FICCI AGM is a major annual event with highly empowered individuals, attended by cabinet ministers, secretaries to the Government of India, global industry captains, diplomats, political party leaders and other thought leaders.
  • More than 10,000 delegates from all over the world have participated in this mega event.

2. BSE launches e-agricultural spot market platform ‘BEAM’

  • Bombay Stock Exchange (BSE) Ltd. said its subsidiary  BSE Investments Limited an electronic spot platforms, “for agricultural commodities through the BSE e-Agriculture Markets Limited (Biiam)” /  “BSE E-Agricultural Markets Ltd (BEAM)”  Launch , Aimed at boosting the competitiveness of the Indian agricultural market, increasing the strength of BSE in financial markets, market technology and its vibrant ecosystem  .
  • BEAM will act as a national level, institutional, electronic, transparent commodity spot trading platform in line with the Prime Minister’s vision to create a single market.
  • With the help of BEAM, farmers in one state will be able to reach markets in other states and auction their produce.

3. RBI to set up Automatic Bank Processing Center (ABPC) in Jaipur

  • Reserve Bank of India (RBI)  on receipt of currency notes, for storing and sending  Jaipur  an  automatic bank processing center ( Automated Banknote Processing Centre- ABPC )  has decided to establish.
  • The functions of ABPC  will also include processing of  currency chests (CC) and banknotes received from bank branches and automatically eliminating dirty / invalid banknotes.
  • The volume of banknotes in operation has tripled from March 2001 to March 2019 and is expected to increase further in the coming years.

4. India and Austria sign MoU for technology cooperation

  • Road Transport and Highways Ministry  of  the Republic of Austria  ‘s  climate Implementation  ( Federal Ministry Of Climate Action) , the environment, energy and innovation and technology ministry  has signed a memorandum of understanding for technical cooperation in road infrastructure.
  • The agreement will also help to strengthen the pending bilateral relations between the two countries and promote mutual trade and regional integration.

5. India and Uzbekistan sign 9 agreements to strengthen strategic partnership 

  • Prime Minister  Narendra Modi  and  Uzbekistan  ‘s  President Svkt Mirjioav  (Shavkat Mirziyoyev)  co-chaired by Warchuli Summit to strengthen the strategic partnership between the two countries.
  • The Government of India  also approved  a  line of credit of US $ 448 million for four developmental projects in the field of road construction, sewerage treatment and information technology in Uzbekistan  .

6. UNESCO launches Bangabandhu Award on “Creative Economy”

  • UNESCO  has  proposed Bangladesh  adopting  Bangabandhu Sheikh Mujibur Rahman,  the name  International Prize  is announced to start.
  • The Executive Board of the United Nations Agency   unanimously  adopted the proposal in its  210th session   on the UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman International Award for  “Creative Economy” .
  • This is the first time the United Nations agency has instituted an award in the name of Bangabandhu.

7. Max Verstappen wins Abu Dhabi Grand Prix 2020

  • Max Verstappen  (Red Bull – Netherlands) has  won the last season of the Abu Dhabi Grand Prix 2020 held in Abu Dhabi, United Arab Emirates  .
  • It was his second and his 10th career win of the season. This was the 17th and final race of the 2020 Formula One World Championship.
  • In this race,  Valtteri Bottas (Mercedes-Finland)  finished second, while world champion  Lewis Hamilton  (Mercedes-Great Britain) finished third.

8. Indian tennis player Ankita Raina wins ITF double title in Dubai

  • Indian tennis player  Ankita Raina  has  won her third doubles title of the season by winning the 2020  Al Habtoor  Tennis Challenge jointly with  her Georgian partner Ekaterin Gorgodez  in Dubai  .
  • The Indo-Georgian duo  won the title of US $ 100,000  by defeating Spain’s  Aliona Bolsova Zadoinov  and  Slovakia Kaja Juvan 6-4 3-6 10-6  .
  • The Al Habtoor Tennis Challenge  is part of the ITF Women’s World Tennis Tour , held annually in Dubai, United Arab Emirates since 1998, along with a professional women’s tennis tournament  .

9. ISRO will launch Communication Satellite CMS-01

  • The Indian Space Research Organization (ISRO) on  17 December launched the  communication satellite CMS-01 (formerly  GSAT-12R) , using  the XL  variant of its  Polar Satellite Launch Vehicle rocket  as  PSLV-C50  . Will launch
  • The CMS-01 will be a new version of GSAT-12 weighing 1,410 kg and launched on July 11, 2011 with an eight-year mission life.
  • CMS-01 is a communications satellite envisaged to provide services in the extended-C band of the frequency spectrum, which will cover the Indian mainland, Andaman and Nicobar and Lakshadweep Islands.
  • It will be India’s 42nd communications satellite, its mission age of seven years.

10. Chuck Yeager, the world’s first pilot to fly the aircraft by breaking the sound barrier, died

  • US Air Force officer and test pilot  Chuck Yeager , who  became the first pilot in history in 1947  , has died.
  • Yezer became the world’s first test pilot to fly an aircraft higher than the UFO on October 14, 1947, breaking the sound barrier when he launched the experimental Bell X-1  aircraft at Mach 1 (speed of sound)  at  45,000 feet (13,700 m). Flew to a height of  .
  • Let me tell you that level flight means flying at a constant altitude, not flying up and down.