December 2024 Current Affairs: Comprehensive Insights for Bank & SSC Exam Preparation

 December 2024 Current Affairs: Comprehensive Insights for Bank & SSC Exam Preparation

Published On: January 10, 2025 | Author: ExamGuruAdda Team

Stay updated with the most important events of December 2024. This detailed summary, categorized into National, International, Sports, Appointments, Banking, and Miscellaneous sections, is tailored for aspirants preparing for bank and SSC exams.

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National News

Cabinet Approvals

1. Delhi Metro Expansion:

   • Approval for the Rithala-Narela-Nathupur Metro Corridor under Phase-IV of Delhi Metro.

   • Cost: ₹6,230 crore; Timeline: 4 years.

   • Benefits: Improved connectivity in NCR, reduced congestion, and boosted regional economy.

2. Educational Development:

   • 28 New Navodaya Vidyalayas: ₹2,359.82 crore allocated to provide quality education to rural students.

   • 85 Kendriya Vidyalayas: Expansion to accommodate 82,560 students, creating 5,388 jobs.

Parliamentary Affairs

1. Railways (Amendment) Bill, 2024:

   • Merges Railway Board Act (1905) into Railways Act (1989).

   • Enhances connectivity and operational flexibility.

   • Assures assets remain government-owned despite opposition concerns over privatization.

Infrastructure and Development

1. Ken-Betwa River-Linking Project:

   • Cost: ₹44,605 crore.

   • Benefits: Drinking water for 4.4 million people, irrigation for agriculture, and energy generation.

Environmental Initiatives

1. Landslide Early Warning System:

   • Geological Survey of India partnered with Italy’s CNR-IRPI to enhance landslide forecasting.

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International Affairs

Diplomatic Milestones

1. India-Russia Visa-Free Travel:

   • Expected to begin in Spring 2025, strengthening bilateral ties and tourism.

2. India and Kuwait Strategic Partnership:

   • PM Modi’s visit marked by Kuwait’s highest civilian award, “The Order of Mubarak Al-Kabeer.”

Global Events

1. UK Joins CPTPP:

   • Aims to boost post-Brexit economic ties in the Indo-Pacific region.

2. Dubai’s Largest Gold Bar:

   • Guinness World Record: 300.12 kg, valued at $25 million.

Leadership Updates

1. Netumbo Nandi-Ndaitwah became Namibia’s first female president.

2. Moldova joined the International Solar Alliance to boost renewable energy initiatives.

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Sports

National Games 2025

• Host: Uttarakhand (Jan 28 – Feb 14).

• Highlights: Traditional sports like yoga and mallakhamb.

• Mascot: “Mauli,” inspired by the Monal bird.

Khelo India Winter Games

• Events in Ladakh (ice-based) and Jammu & Kashmir (snow-based).

• Dates: Jan 23-27 (Ladakh); Feb 22-25 (J&K).

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Appointments

1. Kash Patel:

   • Appointed as FBI Director by US President-elect Donald Trump.

2. Manish Jain:

   • Named Executive Director of YES Bank.

3. Ashok Raj Sigdel:

   • Awarded honorary rank of General of the Indian Army by President Droupadi Murmu, showcasing Indo-Nepal defense collaboration.

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Banking and Finance

Key Appointments

1. Manish Jain:

   • Executive Director of YES Bank, with approval from RBI.

Policy Updates

1. Banking Laws Amendment Bill, 2024:

   • Proposes changes like revising cash reserve requirements and director tenure for co-operative banks.

Economic Highlights

1. India’s GDP Growth:

   • Projected at 6.8% for FY 2024-25, led by robust manufacturing and service sectors.

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Miscellaneous News

Cultural Highlights

1. Viraasat Sari Festival:

   • Dates: Dec 15-28 in Delhi.

   • Celebrates handloom heritage, connecting artisans and buyers.

2. Ladakhi Losar Festival:

   • Vibrant celebrations from Dec 20-31, promoting eco-friendly practices and local culture.

Scientific and Environmental Achievements

1. India’s First Diabetes Biobank:

   • Established in Chennai to advance medical research.

2. Taxonomy of Green Steel:

   • India launched its first Green Steel taxonomy, reinforcing its net-zero emissions target.

3. Search and Rescue Tool Upgrade:

   • INCOIS launched SARAT 2 for enhanced sea rescue operations.

Legislative and Policy Updates

1. Right to Education Amendment:

   • Abolished the no-detention policy for Classes 5 and 8 students.

2. Pradhan Mantri Surya Ghar Muft Bijli Yojana:

   • Target: 1 crore rooftop solar installations by 2027.

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Conclusion

This extensive roundup of December 2024 current affairs highlights India’s strides in development, international diplomacy, and environmental sustainability. Tailored for bank and SSC exam preparation, this guide ensures you’re ready for your next challenge. Stay informed and explore daily updates at ExamGuruAdda.