December Current Affairs 2010

·        The government approved additional capital infusion of Rs 6,000 crore in 10 public sector banks with an objective to raise its holding to a minimum 58 per cent in all state-run banks.  The government has already announced infusion of Rs 15,000 crore in the Budget to ensure that capital adequacy ratio of all the public sector banks increase to 7 per cent.

·        The World Bank has approved a USD 45 million technical assistance loan for the National Highways Authority of India (NHAI) to help improve its operational efficiency.

·        Lt Gen A S Lamba, a senior Artillery officer, will take over as new Army Vice Chief. Lamba, replacing Lt Gen P C Bharadwaj who retired from service on November 30.

·        B Saroja Devi has been chosen for the prestigious N T Rama Rao National Film Award for 2009. Noted director K Raghavendra Rao has been chosen for the B N Reddy National Film Award while media baron and film producer Ch Ramoji Rao has been chosen for the Nagireddy- Chakrapani National Award instituted by the Andhra Pradesh.

·        India to provide Rs 7.83 cr in assistance to Nepal. India has stepped up efforts to boost health and educational infrastructure in Nepal, which is still reeling under the impact of the decade-long Maoists insurgency that ended in 2006, with an assistance of Rs 7.83 crore.

·        Water and Power Consultancy Services (WAPCOS) was conferred with Mini Ratna status.

·        World number three Novak Djokovic and the unheralded Viktor Troicki swept Serbia to an historic first Davis Cup title overturning an overnight deficit to beat nine-time winners France 3-2.

·        Ace Indian marksman Gagan Narang ended the year 2010 as the number one Asian shooter, according to the latest rankings issued by Asian Shooting Confederation.

·        India and the Arab Nations will soon become major trading partners, exhibiting significant improvement in two-way trade and is expected to reach $120 billion by 2010–11 and $240 billion by 2014," industry body CII today said in its report.

·        India ranks fourth in Asia and tenth in the world in plant diversity.

·        Saina Nehwal wins Hong Kong Super Series by defeating Shixian Wang of China to clinch her third Super Series title of the year(2010) at the Hong Kong Open.