Daily Current Affairs 2 December 2019

Daily Current Affairs 2 December 2019: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 2 December 2019. It includes all Major National, International, Business and Sports related current affairs of 2 December 2019. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 2 December 2019 Current affairs test.

National News

1. Hallmarking to be mandatory for Gold Jewellery

Ministry of Consumer Affairs, Food and Public Distribution has notified that Hallmarking of gold jewellery and artefacts will be made mandatory across the country from January 15, 2021.
A hallmark is an official mark or series of marks struck on items made of metal, mostly to certify the content of noble metals—such as platinum, gold, silver and in some nations, palladium. In a more general sense, the term hallmark can also be used to refer to any distinguishing characteristic.
Consumer Affairs Minister Ram Vilas Paswan

2. New Controller General of Accounts

Soma Roy Burman has assumed the charge of new Controller General of Accounts (CGA) as the 24th CGA for the same.
Controller General of Accounts (CGA), in the Department of Expenditure, Ministry of Finance, is the Principal Accounting Adviser to Government of India and is responsible for establishing and maintaining a technically sound Management Accounting System.
What is the difference between CAG and CGA?
While CAG is a constitutional body, CGA is not.
While President lays down general principles of government accounting relating to union/state governments and form of accounts on the advice of CAG {article 150}, CGA does the maintenance works of them.

3. Republic Summit

PM Modi has delivered a keynote address at the Republic Summit in New Delhi.
Theme of the summit: ‘India’s Moment Nation First’

4. Border Security Force 55th raising day

Border Security Force (BSF) personnel on 1st December 2019 observed organization’s 55th raising day.
The Border Security Force is the border defence organisation of India. It is one of the seven Central Armed Police Forces of India, and was raised in the wake of the 1965 War on 1 December 1965, “for ensuring the security of the borders of India and for matters connected there with”.
Motto: जीवनपर्यन्तकर्तव्य (Duty Unto Death) || Headquarters: New Delhi || General nature: Federal law enforcement || Founder: Khusro Faramurz Rustamji || Founded: 1 December 1965 || Minister responsible: Amit Shah, Minister of Home Affairs
Current Director General is Mr V K Johri.

International News

1. Saudi Arabia elected to UNESCO’s World Heritage Committee

Kingdom of Saudi Arabia, for the first time, was elected to the World Heritage Committee’s executive board for the term 2019-2023.
Saudi Arabia: King: Salman of Saudi Arabia || Capital: Riyadh || Currency: Saudi riyal || Subsidiary: Saudia
The World Heritage Committee selects the sites to be listed as UNESCO World Heritage Sites, including the World Heritage List and the List of World Heritage in Danger, defines the use of the World Heritage Fund and allocates financial assistance upon requests from States Parties.
Founded: November 1976 || Headquarters location: Paris, France

2. Adel Abdul Mahdi resigns

Iraq Prime Minister Adel Abdul Mahdi submitted his resignation to parliament.
Iraq: Capital: Baghdad || Currency: Iraqi dinar || President: Barham Salih

3. International Day for the Abolition of Slavery

The International Day for the Abolition of Slavery international day is a yearly event on December 2, organized since 1986 by the United Nations General Assembly.
According to the International Labour Organisation (ILO) more than 40 million people worldwide are victims of modern slavery.
The International Labour Organization is a United Nations agency whose mandate is to advance social justice and promote decent work by setting international labour standards. It was the first specialised agency of the UN.
Headquarters: Geneva, Switzerland || Head: Guy Ryder || Founder: Paris Peace Conference, 1919 || Founded: 1919 || Formation: 29 October 1919

4. UNESCO General Conference

The 40th Session of the UNESCO General Conference was held in Paris, France
The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations based in Paris, France.
Headquarters: Paris, France || Head: Audrey Azoulay || Founded: 16 November 1945, London, United Kingdom || Formation: 4 November 1946

Business News

1. Vijaya Bank and Dena bank removed from second schedule of RBI Act

RBI has excluded Vijaya Bank and Dena Bank from the second schedule of the RBI Act with effect from April 1, 2019.
Reserve Bank of India Act, 1934 is the legislative act under which the Reserve Bank of India was formed. This act along with the Companies Act, which was amended in 1936, were meant to provide a framework for the supervision of banking firms in India.
Enacted by: Imperial Legislative Council || Enacted: 6 March 1934 || Commenced: 1 April 1935 || Territorial extent: Whole of India

2. Pradhan Mantri Shram Yogi Maandhan and National Pension Scheme for Traders and Self Employed Persons

Government of India has launched a drive to enroll one crore beneficiaries under Pradhan Mantri Shram Yogi Maandhan (PM-SYM) and National Pension Scheme for Traders and Self Employed Persons (NPS-Traders) by March 2020.
Pradhan Mantri Shram Yogi Maandhan scheme is meant for old age protection and social security of Unorganised Workers (UW) who are mostly engaged as rickshaw pullers, street vendors, mid-day meal workers, head loaders, brick kiln workers, cobblers, rag pickers, domestic workers, washer men, home-based workers, own account workers, agricultural workers, construction workers, beedi workers, handloom workers, leather workers, audio – visual workers or in similar other occupations.
Pradhan Mantri Shram Yogi Maandhan scheme Eligibility Criteria: Should be an unorganised worker (UW) || Entry age between 18 and 40 years || Monthly Income ₹15000 or below
Pradhan Mantri Shram Yogi Maandhan scheme : It is a voluntary and contributory pension scheme, under which the subscriber would receive a minimum assured pension of ₹3000/- per month after attaining the age of 60 years and if the subscriber dies, the spouse of the beneficiary shall be entitled to receive 50% of the pension as family pension. Family pension is applicable only to spouse.
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National Pension Scheme for Traders and Self-Employed Persons
The scheme is meant for old age protection and social security of retail traders/ shopkeepers and self-employed persons whose annual turnover is not exceeding Rs. 1.5 crore. These retail traders/ shopkeepers and self-employed persons are mostly working as shop owners, retail traders, rice mill owners, oil mill owners, workshop owners, commission agents, brokers of real estate, owners of small hotels, restaurants and other LaghuVyaparis.
Eligibility Criteria : Should be a retail trader/ shopkeeper or self-employed persons || Entry age between 18 and 40 years || Annual turnover is Rs. 1.5 crore or below
It is a voluntary and contributory pension scheme, under which the subscriber would receive a minimum assured pension of Rs 3000/- per month after attaining the age of 60 years and if the subscriber dies, the spouse of the beneficiary shall be entitled to receive 50% of the pension as family pension. Family pension is applicable only to spouse.

Sports News

1. Kopa Trophy

Juventus defender Matthijs de Ligt has been named as the winner of the 2019 Kopa Trophy.
The Kopa Trophy is an association football award presented to the best performing player under the age of 21. It is organised by France Football. The award is named after former French footballer Raymond Kopa and the winner is selected by former Ballon d’Or winners.
De Ligt inherits the award from France and Paris Saint-Germain last time winner Kylian Mbappe.

2. Yachine Trophy

Liverpool goalkeeper Alisson has been crowned the first ever winner of the Yachine Trophy at 2019 Ballon d’Or ceremony in Paris.
Alisson played a crucial role in Liverpool’s Champions League success and started six times for Brazil in their triumphant Copa America campaign.

3. 2019 Ballon d’Or (Male)