Page-36 of Current Affairs - December, 2020

UN Commission on Narcotic Drugs

The UN Commission on Narcotic Drugs, which comes under the UN Economic and Social Council, is the apex drug policy-making body within the UN. It has vital functions in the international drug control conventions. This commission’s 53 member states have ..

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Reciprocal Access to Tibet Act

Reciprocal Access to Tibet Act is a US law that was enacted in December 2018 by the Trump Administration. This law calls for denying access to the US for Chinese officials known to be involved in restricting visits to the ..

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Trace Bribery Risk Matrix

The TRACE Bribery Risk Matrix is an annual listing that measures the likelihood of bribe demands in 194 countries. It was first published in 2014 to meet the needs of the business communities demanding for a more reliable information regarding ..

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Akash Missiles

Akash is a medium-range mobile surface-to-air missile defence system. It was developed by the Defence Research and Development Organisation (DRDO) and produced by Bharat Electronics Limited. 10 of these missiles were recently test fired by the Indian Air Force as ..

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HL-2M Tokamak Reactor

The HL-2M Tokamak reactor is China’s largest and most advanced nuclear fusion experimental device. Located in southwestern Sichuan province, the reactor is often called an “artificial sun” because of the enormous heat and power it produces. It was completed last ..

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Argentina – Millionaire’s tax

Argentina parliament has imposed ‘millionaire tax’ on about 12,000 of the country’s richest people to fund coronavirus countermeasures. Under this scheme, people with declared assets worth more than 200 million pesos will pay a progressive rate of up to 3.5% ..

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Deferential Action for Childhood Arrivals

The Deferred Action for Childhood Arrivals (DACA) is the US’ immigration policy that allows undocumented immigrants who were brought into the country as children to receive a renewable 2-year period of deferred action from deportation and become eligible for a ..

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What is Repo Rate?

Repo rate is the rate at which the central bank lends money to the commercial banks in case of fund crunch. It is a tool used by the monetary authorities to control inflation. The Monetary Policy Committee (MPC) of the ..

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