Best of Current Affairs Weekly 50-51st Week 27 Nov – 4 Dec 2016

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15 Dec, 2016

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Following are the important current terms important for exams, discussions and interview.

Why following ‘Terms’ and ‘Events’ are important

  • What is Prevention of Insults to National Honour Act, 1951?
  • What is the Insolvency and Bankruptcy Code and since when it became operational?
  • How Argentina and Davis Cup connected?
  • Newly launched Pradhan Mantri Garib Kalyan Yojana, scheme associated with declaration of black money.
  • Know about the Organization of the Petroleum Exporting Countries (OPEC) on agreement to reduce its oil output by around 4.5%.


What do you mean by?

  • Nagrota
  • World Robot Olympiad
  • Singapore Slammers
  • US Major Defence Partner of India
  • The Insolvency and Bankruptcy Code
  • Water Day
  • National Council of Science Museums (NCSM)
  • ‘Resourcesat-2A’
  • 145 M777 ultralight howitzer guns

Important Terms for Discussion and interviews

  • Know when the Oshiwara railway station in suburban Mumbai will be commissioned and known by new name RAM MANDIR.
  • What is the distinction Indian F1 team Force India achieved after the conclusion of 2016 F1 season?
  • Who will honour 1,668 members of the Indian Army, who were martyred during the Bangladesh Liberation War?
  • Referendum on constitutional law that amends the Italian Constitution to reform


The Swedish newspaper was recently asked it to delete the reference made by President Pranab Mukherjee to the Bofors scam in an interview to it, as a claim protested by the Indian Government on 27 May 2015. India has expressed disappointment over the disrespect shown to the President, the newspaper has defended its right to publish what was said during the interview.

Know, who is Vijay Kelkar and what is PPP !

Vijay Kelkar is a renowned economist and a former Finance Secretary. He was appointed head of newly constituted committee to give recommendations to recast the model of Public-Private-Partnership (PPP) model in India. India is one of the largest PPP market with over 900 projects. The Kelkar committee will review the PPP policy, suggest a better risk-sharing mechanism between private developers and the government after analysing such projects.

Know, who is Yaduveer Krishnadatta Chamaraja Wadiyar !

Yaduveer Krishnadatta Chamaraja Wadiyar was crowned as the new Maharaja of of Mysuru (Mysore) royal family. He is the 23-year old grandson of Princess Gayathri Devi, who was the eldest daughter of the last Maharaja of Mysore, Sri Jayachamarajendra Wadiyar. The coronation was held at Mysuru’s famous Amba Vilas Palace, which was decked up for the occasion.

Know about Sepp Blatter!

Swpp Blatter, was re-elected as FIFA president for a fifth term at the 65th Annual Congress of FIFA held at Zurich for four year term.

Prince Ali bin al-Hussein of Jordan stood against Blatter in this election. It is worth mentioning that FIFA is going through a major controversy regarding corruption in the organisation with two FIFA vice presidents and a recently elected FIFA executive committee member still in custody.


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