Current Affairs : 28 December 2024

1. Osamu Suzuki’s Passing

• Founder of Suzuki Motor Corporation, passed away at 94
• Made significant contributions to the automotive industry

2. Insurance Penetration Increase

• Notable rise in insurance awareness and adoption in India
• Expected to enhance financial security for families

3. UNICEF and West Bengal Collaboration

• Partnership to improve cardiovascular treatment for children
• Aims to provide better healthcare access

4. Amendment to Education Act

• Abolishment of no-detention policy for Classes 5 and 8
• Enhances accountability in education

5. PM Modi’s Visit to Kuwait

• Historic visit, first by an Indian PM in over 40 years
• Several MoUs signed to strengthen bilateral ties

6. RBI’s AI Committee Formation

• 8-member committee established by RBI
• Aims to develop ethical AI framework in the financial sector

7. ICICI Prudential’s New Product

• Launch of critical illness insurance for farmers
• Provides financial protection against critical illnesses

8. ADB Loan Agreement

• USD 100 million loan signed with the Government of India
• Supports green infrastructure projects for sustainable development

9. NTA’s New Director

• Sandip Kumar Mishra appointed as the new director of NTA
• Will oversee entrance examinations across the country

10. SLINEX 24 Naval Exercise

• Indian Navy participated in SLINEX 24 with Sri Lanka
• Aimed to enhance bilateral naval cooperation

11. Supreme Court’s Banking Ruling

• Clarified judiciary’s role in banking matters
• Interest rates set by banks are beyond judicial scrutiny

12. Bajaj Allianz’s New Insurance Covers

• Introduction of Eco Assure—Repair Protection and Named Driver Cover
• Enhances value and customization for policyholders

13. International Day of Epidemic Preparedness

• Observed on December 27
• Highlights the importance of strengthening public health systems

14. Pradhan Mantri Rashtriya Bal Puraskar

• Awarded to 17 exceptional children for achievements
• Recipients received medals, certificates, and cash prizes

15. Indian Rupee Depreciation

• Closed at an all-time low of 85.27 against the US dollar
• Reflects ongoing economic challenges