Current Affairs Update – 8 December, 2016

Hello and welcome to exampundit . Here are the important Current Affairs of 8 December, 2016. These are important for the upcoming IPPB PO Mains, NIACL AO Mains, IBPS Clerk Mains, IBPS RRB Office Assistant Mains and RBI Assistant Mains 2016-17.

• The National Bank for Agriculture
  and Rural Development (Nabard) on Thursday said it will extend support
  aggregating about Rs. 120 crore to banks for deployment of two Point-of-Sale
  (PoS) devices per village in one lakh villages having a population of up to
  10,000.
• The move is aimed at taking rural
  India closer towards cashless payment systems, Nabard said in a statement.
• Further, to encourage the
  adoption of new generation secure technology among farmers who are already on
  Rupay KCC (Kisan Credit Card) platform, Nabard said it will now support the
  procurement of EMV chip and PIN-based RuPay Kisan Cards by both regional rural
  banks and rural cooperative banks.
• Nabard will spend approximately
  Rs. 108 crore towards this end. It will cover around 4.32 crore KCC holders.

• India on 5 December 2016 inked an
  agreement with Hanoi to train the pilots of Vietnam’s fleet of Russian-made
  Sukhoi Su-30MK2 ‘Flanker F’ multirole combat aircraft.
• The agreement was signed in New
  Delhi by Indian Defence Minister Manohar Parrikar and his Vietnamese
  counterpart, General Ngo Xuan Lich.
• As per the deal, the training of
  the fighter pilots from the Vietnam People’s Army Air Force (VPAAF) by Indian
  Air Force (IAF) instructors will commence in early 2017.
• The two air forces are expected
  to imminently work out the details on the number of pilots to be trained, the
  scope of their instruction and the overall cost.
• The overall cost will not be paid
  through the USD 500 million Line of Credit (LoC) extended by Delhi to Hanoi for
  defence procurements.

• US President-elect Donald Trump
  was named as Person of the Year 2016 on 7 December 2016 by Time magazine. The
  magazine cited his role for the stunning victory in the US Presidential
  election.
• The Time cover that features a
  photograph of the President-elect sitting on a chair reads, “Donald Trump –
  President of the Divided States of America”.
• Nancy Gibbs who announced the
  name of Time’s person of the year said that the real baron and casino owner,
  Trump, who never spent a single day in public office, was elected as the 45th
  President of the US. His election as President.
• Prime Minister Narendra Modi was
  among the 11 candidates shortlisted by Time for its annual honour. Meanwhile,
  Modi won the online readers’ poll conducted by Time magazine for Person of the
  Year 2016, the second time he emerged winner of the reader’s choice poll.

• Indian field hockey player PR
  Sreejesh on 8 December 2016 took over as goalkeeping mentor of the India
  Under-21 team.
• The decision was taken when the
  home team is all set to compete in the Junior World Cup title after a prolonged
  15-year wait.
• Sreejesh, who is the captain of
  the senior national men’s team, will take charge of the role from South African
  Dave Staniforth.
• Staniforth was roped in by Hockey
  India to work with the junior goalkeepers for a short three-week period keeping
  in mind the World Cup. He is set to leave for his home nation tomorrow.

• The Marylebone Cricket Club (MCC)
  Committee on 7 December 2016 recommended limiting bat size edges and depths
  along with many other suggestions.
• The recommendations were made by
  the MCC’s World Cricket Committee, headed by former England captain Mike Brearley,
  to bring about a balance between bat and ball.
• The suggestions were made during
  a two-day meeting of the committee in Mumbai, which hosts the fourth Test
  between India and England from 8 December 2016.
• The recommendations will be sent
  to the main MCC Committee. If approved, these changes will be implemented into
  the new code of the Laws of Cricket, which will be introduced on 1 October
  2017.

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