Daily Current Affairs 24-12-2020
1. SHAHEEN-IX-"Malabar exercise"
China has justified its ongoing joint air exercise "Shaheen-IX" with Pakistan, even though it had expressed apprehensions about India’s "Malabar exercise" last month.
About:
- China defended "Shaheen-IX" exercise with Pakistan air force as a routine arrangement, which experts believe is reflective of a larger strategic posture towards India.
- The Air Forces of China and Pakistan are holding their annual exercise "Shaheen-IX" since 9th December in Pakistan’s southern Sindh province near Indian border.
- A Chinese state media had termed the Malabar naval drill as an ill-intentioned attempt to corner China.
- India had categorically stated that the orientation of Malabar exercise had been towards a free, open, inclusive Indo-Pacific as well as a rule-based international order.
India recently hosted the Malabar 2020 naval exercise with the U.S., Japan and Australia.
- A Chinese state media had termed the Malabar naval drill as an ill-intentioned attempt to corner China.
Source : All India Radio
2. BARODA MILITARY SALARY PACKAGE
Indian Army and Bank of Baroda have entered into a Memorandum of Understanding (MoU) for ‘Baroda Military Salary Package’.
About:
- The MoU lays down the basis on which banking services would be provided by Bank of Baroda to serving and retired personnel of Indian Army.
- Services under ‘Baroda Military Salary Package’ will be offered to serving and retired personnel of Indian Army through the Bank’s network of over 8,200 domestic branches and around 20,000 business correspondent touchpoints.
- The package offers benefits including free Personal Accidental Insurance cover, Permanent Total Disability cover, Partial disability Cover as well as Higher Education Cover and Girl Child Marriage Cover on death in case of serving personnel.
- Other offerings under the package include unlimited free ATM transactions at all bank ATMs, waivers or concessions on various service charges in retail loans, free remittance facility through RTGS/NEFT, free Demand Draft/Banker’s Cheque, substantial discount in locker rentals, and various additional benefits in usage of Cards.
Source : The Hindu
3. GREEN NATIONAL HIGHWAY CORRIDORS
The Centre and the World Bank signed a USD 500 million project to build safe and green national highway corridors in Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh.
About:
- The Green National Highways Corridors Project will support the Road Transport and Highways Ministry to construct 783 kilometres of highways in various geographies by integrating safe and green technology designs such as local and marginal materials, industrial by-products and other bioengineering solutions.
- The project will help reduce GHG emissions in the construction and maintenance of highways.
- The project will also enhance the capacity of the Ministry of Road Transport and Highways in mainstreaming safety and green technologies.
- The $500 million loan from the International Bank for Reconstruction and Development (IBRD), has a maturity of 18.5 years including a grace period of five years.
Source : PIB
4. MEDIUM RANGE SURFACE TO AIR MISSILE (MRSAM)
Defence Research and Development Organisation (DRDO) achieved a major milestone with the maiden launch of Medium Range Surface to Air Missile (MRSAM), Army Version from Integrated Test Range, Chandipur, off the Coast of Odisha.
About:
- The missile completely destroyed a high speed unmanned aerial target which was mimicking an aircraft with a direct hit.
- Army version of MRSAM is a surface to Air Missile developed jointly by DRDO, India and IAI, Israel for use of the Indian Army.
- MRSAM Army weapon system comprises of Command post, Multi-Function Radar and Mobile Launcher system.
Source : The Hindu
5. UNESCO’s INTANGIBLE CULTURAL HERITAGE
Singapore’s street hawker culture, was designated an Intangible Cultural Heritage by the UNESCO. The street hawker centres are representative of Singapore’s multiculturalism, with stalls selling cheap, delicious food of Chinese, Malay, Indian origins, among others.
About:
- Intangible culture is that part of culture which cannot be touched but can only be recorded. It includes performing arts like song, music, drama, skills, crafts etc.
- Convention for the Safeguarding of the Intangible Cultural Heritage was adopted in 2003. India ratified it in 2007.
UNESCO’s list of intangible culture
- It is an annual list which focuses on those forms of performing art which are of outstanding value but are vulnerable due to lack of support.
- The program currently compiles two lists –
- Representative List: It comprises cultural practices and expressions that help to demonstrate the diversity of this heritage and raise awareness about its importance. It is longer.
- Urgent Safeguarding list: It is composed of those cultural elements “whose continuous recreation and transmission” are threatened and are in need of immediate support. It is shorter.
- Representative List: It comprises cultural practices and expressions that help to demonstrate the diversity of this heritage and raise awareness about its importance. It is longer.
- It is an annual list which focuses on those forms of performing art which are of outstanding value but are vulnerable due to lack of support.
Domains: There are five broad ‘domains’ in which intangible cultural heritage is manifested:
- Oral traditions and expressions, including language as a vehicle of the intangible cultural heritage;
- Performing arts;
- Social practices, rituals and festive events;
- Knowledge and practices concerning nature and the universe;
- Traditional craftsmanship.
- A total of 13 Intangible cultural heritage (ICH) elements from India have been inscribed till date on the UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity.
Source : Indian Express