16th December Daily Current Affairs 2022: Today GK Updates for Bank Exam

Table of Contents

16th December Daily Current Affairs 2022 are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily Current Affairs is the complete bag of important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update for 16th December 2022 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Here is the Daily Current Affairs of the 16th December 2022 covering the following news headlines: SatCom Spectrum, Global Trade Surges to $32 Trillion, G-7 Agrees $15.5B Energy Deal, Historic Nuclear Fusion Breakthrough.

Top 10 Daily Current Affairs: National & International News:

Here is providing below the top 10 important Daily General Knowledge 2022 updates with national & international news

National News

1.India To Be First Country To Auction SatCom Spectrum

India will be the first country to auction spectrum for satellite communication, and it should be designed to attract investments in the sector, telecom regulator Trai chairman PD Vaghela said.
Speaking at a Broadband India Forum summit on SatCom, Vaghela said the Telecom Regulatory Authority of India (Trai) will soon make recommendations to make permissions required for satellite communication from various ministries.
Satellite communication refers to any communication link that involves the use of an artificial satellite in its propagation path.

International News

2. Global Trade Surges to $32 Trillion Record in 2022 Says UN

The value of global trade is set to reach a new record this year, increasing by about 12 per cent to an estimated $32 trillion, according to a UN report that signaled a slowdown heading into 2023.
“The substantial trade growth during the last year was largely due to increases in the value of the trade of energy products,” the United Nations Conference on Trade and Development said in the report.
Trade in merchandise goods soared to $25 trillion, an increase of about 10 per cent versus the prior year. Trade in services grew 15 per cent year-over-year to nearly $7 trillion, according to the report.

3. G-7 Agrees $15.5B Energy Deal with Vietnam to Cut Emissions

A group of nine rich industrialized nations approved a deal to provide Vietnam with $15.5 billion to help the Southeast Asian nation move faster from coal power to renewable energy, cutting its climate-damaging pollution.
The Group of Seven major economies, along with Norway and Denmark, said in a statement that the aim is to help Vietnam reduce its emissions to “net zero” by 2050, a goal which expert say needs to be met globally to cap global warming at 1.5 degrees Celsius.
The Just Energy Transition Partnership with Vietnam is among a series of agreements that developing and rich nations are negotiating. The first such deal was signed with South Africa last year, and a similar agreement was reached with Indonesia last month.

4. US Announces Historic Nuclear Fusion Breakthrough

United States has announced a nuclear fusion breakthrough, a historic step towards the promise of ‘near-limitless’ clean energy and may help the fight to curb climate change.
US Department of Energy said, researchers at the Lawrence Livermore National Laboratory (LLNL) in California for the first time produced more energy in a fusion reaction than was used to ignite it, something called net energy gain.
Scientists use high-energy laser beams to achieve these temperatures which is also called inertial fusion.
At the international collaborative project in southern France called ITER in which India is a partner used very strong magnetic fields for the same purpose which is the second method of producing this energy.

Defence News

5. Indo-Nepal Joint Training Exercise “SURYA KIRAN-XVI” Begins at Nepal Army Battle School

The 16^th Edition of Indo-Nepal joint training Exercise “SURYA KIRAN-XVI” between India and Nepal will be conducted at Nepal Army Battle School, Saljhandi (Nepal), from 16 – 29 December 2022.
Exercise “SURYA KIRAN” is conducted annually between India and Nepal with the aim to enhance interoperability in jungle warfare & counter terrorism operations in mountainous terrain and HADR under UN mandate.
Surya Kiran is a bilateral joint military exercise between India and Nepal. Indian Army and Nepal Army participate in the Surya Kiran exercise.
The biannual exercise, which takes place alternately in both countries, aims to establish military relations in inaccessible mountainous areas by the soldiers of both countries; provide humanitarian assistance under disaster management; get training in anti-terrorist operations; and build interoperability and share expertise between the two countries.
The 15th edition of Indo-Nepal joint military training exercise Surya Kiran was held on September 20, 2021, at Pithoragarh in Uttarakhand.

Agreements

6. AIIA Inks Agreements with International Institutions for Promoting Ayurveda

In a bid to promote Ayurveda across continents, the All India Institute of Ayurveda (AIIA) has signed a memorandum of understanding (MoU) with the University of Medical Sciences, Cuba, and extended the agreement with Rosenberg European Academy of Ayurveda (REAA), Germany, for five more years to take forward collaborative programmes.
The agreements were signed on the sidelines of the 9th World Ayurveda Congress and Arogya Expo. The MoU with Havana-based University of Medical Sciences was signed between Cuban Ambassador to India Alejandro Simancas Marin and Dr Tanuja M Nesari, the director of AIIA.
With these collaborations, Delhi-based AIIA, an autonomous organisation under the Ministry of AYUSH, has 15 international partners and 35 national partners under its collaborative activities.

7. Airbnb Signs MoU with Goa Govt to Promote Inclusive Tourism

Airbnb signed a Memorandum of Understanding (MoU) with the Department of Tourism, Government of Goa, to jointly promote Goa as one of the most sought-after high potential tourism destinations in India and around the world.
The Department of Tourism, Government of Goa and Airbnb will work together to promote Goa as a destination for high-quality tourism, by upscaling the culture of homestays in the state, while spotlighting unique destinations for hinterland tourism and homestay tourism that travellers can discover. This will be done through targeted domestic and international destination promotion campaigns.

Ranks And Reports

8. UN Ranks ‘Namami Gange’ Project Among World’s top 10 Initiatives

The United Nations has recognised the Namami Gange initiative to rejuvenate India’s sacred River Ganga as one of the top 10 World Restoration Flagships to revive the natural world. The award was received by G Ashok Kumar, Director General, Namami Gange, at the 15th Conference of the Convention on Biodiversity (CBD) in Montreal, Canada.
Namami Gange was selected from over 150 such initiatives from 70 countries across the globe. They were selected under the banner of the United Nations Decade on Ecosystem Restoration, a global movement coordinated by the United Nations Environment Programme (UNEP) and the United Nations Food and Agriculture Organization (FAO).
It is designed to prevent and reverse the degradation of natural spaces across the planet. The recognized initiatives, including Namami Gange, will now be eligible to receive UN support, funding or technical expertise.

Schemes

9. Jal Shakti Minister Gajendra Singh Shekhawat to Inaugurate 7th India IWIS

Union Jal Shakti Minister Shri Gajendra Singh Shekhawat has inaugurated the 7th India Water Impact Summit (IWIS 2022) on December 15, 2022 in the presence of Shri Bishweshwar Tudu, Minister of State for Jal Shakti.
The theme of the summit this year is Restoration and Conservation of Small Rivers in a Large Basin, with emphasis on the ‘Mapping and Convergence of 5Ps’ – People, Policy, Plan, Programme and Project.
The three-day-long summit will aim to give an insight into the potential causes for divergence and formulate a strategy to achieve convergence.

Sports

10. FINA World Swimming Championships 2022: Chahat Arora Sets National Record in 100m Breaststroke

In Swimming, Indian swimmer Chahat Arora set a national record in the women’s 100-metre breaststroke at the FINA World Swimming Championships 2022 in Melbourne, Australia.
Chahat will participate in the women’s 50m breaststroke event. Siva Sridhar will compete in the 100-metre individual medley.
FINA is the International Swimming Federation. Chahat Arora completed the 100-metre breaststroke race in 1 minute, 13.13 seconds.
The Federation Internationale de Natation (FINA) is the world governing body for aquatic sports such as swimming, diving, waterpolo, synchronised and open water swimming.