Daily Current Affairs 20th December, 2023

Daily Current Affairs 20th December 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 20th December2023. It includes all Major National, International, Business and Sports related current affairs of 20th December2023. 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 20th December2023 Current affairs test.

Global Affairs

1. Celebration of International Human Solidarity Day on December 20, 2023

Marked globally on this date.
The United Nations General Assembly highlights the importance of solidarity through Resolution 60/209.
Focus on eradicating poverty via the World Solidarity Fund, underscoring the significance of togetherness.

2. Demise of Kuwait’s Leader, Sheikh Nawaf Al Ahmad Al Sabah

Sheikh Nawaf Al Ahmad Al Sabah passes away at 86.
Appointment of Sheikh Meshal Al Ahmad Al Jaber as the new ruler.

Economic and Business Updates

3. Life Insurance Corporation (LIC) Enhances Gratuity Cap for Agents

The gratuity ceiling for agents increased from Rs 3 lakh to Rs 5 lakh.
Revision of the Life Insurance Corporation of India (Agents) Regulations, 2017.
Change effective from December 6, 2023.
Benefits extended to reappointed agents in terms of renewal commission.

4. Reliance General Insurance Debuts ‘Reliance Health Global’ Insurance Plan

Launch of the “Reliance Health Global” policy, offering worldwide healthcare coverage.
Coverage includes extensive benefits in India and abroad.
Insurance coverage up to $1 million.
Policy encompasses travel, accommodation, visa aid, and more.

5. IndusInd Bank Launches ‘Indus Solitaire Program’ Targeting Diamond Sector

Introduction of ‘Indus Solitaire Program’ specifically for diamond traders.
Program includes unique perks like round-the-clock locker access, additional family accounts, and concierge services.
A dedicated branch at Surat Diamond Bourse providing premium banking services.

6. Competition Commission of India (CCI) Sanctions Dhani Services and Indiabulls Enterprises Scheme

Approval of a business scheme involving Dhani Services, Indiabulls Enterprises, among others.
The scheme includes amalgamation, division, and changes in shareholding.

7. LIC Reduces Its Stake in Dixon Technologies

LIC’s shareholding in Dixon Technologies drops from 5.012% to 3%.
The reduction carried out at an average rate of Rs 5,877.65 per share.

8. Infibeam Avenues’ Investment in Pirimid Fintech

Infibeam Avenues acquires 49% ownership in Pirimid Fintech with an investment of Rs 25 crore.
Move aims at entering the capital market and digital lending software segment.

9. CCI Approves Ind Swift Laboratories and Essix Biosciences Business Deal

CCI gives the green light to Synthimed Labs’ acquisition of certain business sectors of Ind Swift Laboratories and Essix Biosciences.

Significant Occasions

10. International Human Solidarity Day Recognized on December 20

Commemorated on December 20, 2023.
The UN General Assembly acknowledges the essence of solidarity in Resolution 60/209.
The goal is to alleviate poverty through the World Solidarity Fund, highlighting the value of unity.

Sports Headlines

11. Collaboration Between Khelo India and Svayam for Para Athletes at the 2023 Khelo India Para Games

Provision of accessible transport and facilities for over 1400 para-athletes.
Participation of over 500 athletes using wheelchairs in the 2023 Khelo India Para Games.
Successful completion of the inaugural Khelo India Para Games in New Delhi.

12. 75th Inter State-Inter Zonal Badminton Championship Concludes in 2023

Maharashtra triumphs in the women’s category, while the Airport Authority of India (AAI) secures the men’s title.
AAI defeats Karnataka 3-0 in men’s, Maharashtra outperforms AAI 3-0 in women’s.

Obituaries

13. Passing of Kuwait’s Emir, Sheikh Nawaf Al Ahmad Al Sabah