17 December 2024 Current Affairs (Daily GK Update)


National News

Vice President Dhankhar inaugurates GSI Geology Museum in Gwalior

on the occasion of GSI Geology Museum inaugurated in Gwalior, Many eminent dignitaries including Vice President Shri Jagdeep Dhankhar attended the ceremony Inauguration of this state-of-the-art facility. The museum is housed in the historic Victoria Market Building Center of knowledge and tribute to the geological wonders of the EarthThe event celebrated the fusion of tradition with modern innovation and showcased the significant contribution of the Geological Survey of India (GSI) in exploring the geological resources of the country.

Heritage: Weaving the Heritage of Indian Sarees

The “Viraasat Sari Festival 2024” This is a special handloom saree exhibition Organized by the Ministry of Textiles, Government of India, Handloom Haat, Janpath, New Delhi. Running from December 15 to December 28, 2024, the mega event is dedicated to showcasing India’s rich and diverse handloom heritage. The festival aims to celebrate the tradition, artistry and potential of the Indian handloom sector with a special focus on hand-woven sarees from different regions of the country.

Russia to offer visa-free travel for Indians in 2025

Indian can enjoy soon Visa-free travel to Russia As part of a new initiative starting in the spring of 2025. The move follows bilateral discussions between India and Russia in June 2024, aimed at easing visa restrictions and encouraging group tourist exchanges. Currently, Indian citizens require a visa to visit Russia, but the upcoming agreement could streamline travel procedures, boost tourism and strengthen bilateral ties.

International news

Gimpy-Gimpy: The most poisonous plant in the world

gimpy-gimpy, scientifically known dendrocnide moroides, Notorious as the most poisonous plant in the world, it is found mainly in Rainforests of Australia, Indonesia and the Moluccas. Despite its simple appearance with heart-shaped leaves, this prickly tree is covered in fine, hair-like trichomes filled with powerful neurotoxins. Contact with the plant causes unbearable pain “Burned with hot acid and given an electric shock at the same time,” With effects that can last for weeks or months.

Italy grants citizenship to Argentine President

Italy recently granted citizenship Argentina’s President Javier Miel based on that Italian descent, There was a wave of criticism in Argentina. The decision highlights the ongoing debate regarding Italy’s citizenship laws, particularly regarding descendants of Italian immigrants. Critics argue that the policy is unfair to children of immigrants born in Italy who are often denied citizenship. The move also sets the stage for further political and economic cooperation between Italy and Argentina.

defense news

INS Director: Indian Navy’s new survey ship commissioned

Indian Navy is ready for commission INS Nirdeshak, A new survey ship at the Naval Dockyard in Visakhapatnam on December 18, 2024. This incident, with Hon’ble Raksha Rajya Mantri Shri Sanjay Seth His arrival as the chief guest marks a major leap in India’s naval capabilities. ship, built by Garden Reach Shipbuilders and Engineers (GRSE) in Kolkata.The Survey Vessel (Large) is the second ship under the project. INS Director will enhance India’s maritime presence, particularly in the Indian Ocean region, and continue the legacy of the original Director, who served the Navy for 32 years before decommissioning in 2014.

SLINEX 2024: Strengthening Sri Lanka-India Naval Relations

Sri Lanka-India Naval Exercise (SLINEX) is an important annual event that promotes maritime cooperation between the two countries. Launched in 2005, SLINEX has grown in scope and importance over the years, strengthening bilateral relations between India and Sri Lanka. The 2024 edition of SLINEX will be held in Visakhapatnam from December 17 to December 20, 2024. Under the aegis of Eastern Naval Command. The exercise will be conducted in two phases: Harbor Phase and Maritime Phase, with a focus on enhancing interoperability, strengthening mutual understanding and promoting regional maritime security.

Gati Shakti Vishwavidyalaya, Navy Sign MoU for Logistics Education

Gati Shakti Vishwavidyalaya (GSV) and this Indian Navy SSigned a Memorandum of Understanding (MoU) to enhance education, research and training in logistics for the Navy. The purpose of this cooperation is To strengthen the logistics capabilities of the Indian Navy focusing on key areas such as supply chain management, multimodal transportation and sustainability. This strategic partnership will also align with national initiatives such as PM Gati Shakti National Master Plan 2021 and National Logistics Policy 2022.

economy news

Wholesale inflation eases to 1.9% in November amid softening of food prices

India’s wholesale inflation declined 1.9% in Novemberbelow from 2.4% in October, With food price inflation falling significantly At 8.9% from a 25-month high of 11.6% in October. Despite this, prices of manufactured products such as food products, furniture, pharmaceuticals and electrical appliances continued to rise, contributing to high inflation in this category. Retail inflation also witnessed a deceleration, but food prices, especially edible oils and some items like potatoes, remained high.

Center to earn ₹8,625 crore from disinvestment in 2024-25

The Government of India has so far collected ₹8,625 crore through various minority stake sale disinvestments Transactions during the current financial year 2024-25, according to Minister of State for Finance Pankaj Chaudhary in a written reply in the Lok Sabha. While no specific disinvestment target has been set for FY2015, the government continues its policy of strategic disinvestment and privatization, aimed at enhancing efficiency and economic potential in sectors where competitive markets have matured.

RBI raises collateral-free agriculture loan limit to ₹2 lakh

In a significant step to increase financial access for farmers, the Reserve Bank of India (RBI) has increased the limit of Collateral-Free Agricultural Loan From ₹1.6 lakh to ₹2 lakh. effective 1 January 2025The objective of the Directive is to address inflationary pressures and rising input costs while providing adequate credit support to small and marginal farmers to meet their operational and developmental needs.

banking news

Public sector banks earn record net profit of Rs 85,520 crore in first half of FY2024-25

in the first part of FY 2024-25, Public Sector Banks (PSBs)including State Bank of India (SBI)reported a net profit Of ₹85,520 crorean impressive marking 26% increase Compared to ₹67,850 crore During the same period last year. This important achievement underlines that operating efficiency And financial flexibility operated by psb Improve asset qualitystrong credit monitoringand extended operating efficiency,

RBI measures to deal with increasing unclaimed deposits

The Reserve Bank of India (RBI) has taken important steps to deal with this Growing issue of unclaimed depositsTo protect the interests of depositors by introducing efficient mechanisms to recover funds. Unclaimed deposits, defined as balances in savings/current accounts or fixed deposits lying dormant for more than 10 years, have seen a sharp increase in recent years.

important day news

Pensioners’ Day in India: Honoring DS Nakara’s fight for pension rights

Pensioners’ Day, celebrated annually 17th December In India, there is a tribute to ds negatedThe pioneer who fought tirelessly for the rights and dignity of pensioners. This day commemorates that historical event Supreme Court decision of 1982Which guaranteed equality and justice for retired officers and pensioners.

science and technology news

ISRO successfully tests CE20 cryogenic engine

ISRO successfully completes an important milestone on December 12, 2024 sea-level hot test like him CE20 cryogenic engine But ISRO Propulsion Complex at Mahendragiri, Tamil Nadu. The test, conducted on November 29, 2024, was an important step forward for upcoming space missions and demonstrated the engine’s restart-capable system under ambient conditions. The CE20 cryogenic engine indigenously developed by ISRO plays an important role in enhancing India’s space exploration capabilities.

sports news

India won the Women’s Junior Asia Cup title

Indian women’s junior hockey team successfully defended them Won the Women’s Junior Asia Cup title by defeating China 3-2 In the final held in Muscat, Oman. India, previous winners of the 2023 edition, lifted the 10th Women’s Junior Asia Cup title in a thrilling penalty shoot-out after the match ended in a 1-1 draw in regulation time. With this win, India qualified for the 2025 FIH Women’s Junior Hockey World Cup in Chile along with China, Japan, South Korea and Malaysia.

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