Current Affairs - December, 2019

Current Affairs December, 2019 section is updated daily with latest Current Affairs and Current Events of December, 2019 for UPSC, IAS/PCS, Banking / IBPS, SSC, Railways, CLAT, NDA/CDS, UPPSC, RPSC, BPSC, MPPSC, TNPSC, MPSC, KPSC and other competition exams.

PDF Compilation of these updates can be downloaded from This Link

Koneru Humpy bags 2019 World Rapid Chess title

Indian Grandmaster Koneru Humpy claimed the 2019 Women’s World Rapid Chess Champion tiltle. The winner of Women’s World Rapid Championship was decided in a playoff that ended with Humpy beating China’s Lei Tingjie in a dramatic final in Moscow, Russia.

Key Highlights

Humpy, who is India’s best-ever women’s chess player, was crowned world women’s rapid champion at the same venue where Norwegian grandmaster and also classical chess champion Magnus Carlsen won men’s title in space of a few minutes.

This is a significant win for Humpy, who had taken a two-year sabbatical from 2016 to 2018 after she became a mother. She is now more at ease in classical format and was clearly trying to take her skills in rapid format to a new level.

About World Rapid Chess Championship

It is a chess tournament held since 1987, to determine world champion in chess played under rapid time controls. Prior to 2012, the FIDE (international organization that acts as the governing body of international chess competition) gave such recognition to a limited number of tournaments, however, since 2012, FIDE has held an annual joint rapid and blitz chess tournament and called it as Word Rapid & Blitz Chess Championships. It also holds Women’s Word Rapid & Blitz Chess Championship.

Get these updates on Current Affairs Today Android App

Finance Minister launches ‘eBkray’ auction platform for assets attached by banks

Union Finance Minister Nirmala Sitharaman has launched eBkray or eBक्रय,  an common e-auction platform to enable online auction of attached assets transparently and cleanly for the improved realization of value by banks. The e-auction platform is now linked on Indian Banks Auctions Mortgaged Properties Information (IBAPI) portal and guidelines have been made available.

About eBkray platform

Objective of Portal: To enhance user experience through seamless access to information by search based on type and location of property put up for e-auction by banks in India.

It will provide navigational links to all Public Sector Banks (PSBs) e-auction sites, property search feature and will present single-window access to information on properties up for e-auction, comparison of similar properties, as well as contains videos and photographs of uploaded properties.

The platform will help buyer to easily navigate to bank e-auction site after a notified property is selected. It also helps user to search property using State-wise, District-wise and bank-wise details.

Indian Banks Auctions Mortgaged Properties Information (IBAPI) portal

It is an initiative of Indian Banks Association (IBA) under policy of Department of Financial Services (DFS), Union Ministry of Finance, to provide details of mortgaged properties to be auctioned online by banks, starting with PSBs. Buyers can use the IBAPI portal to search and get properties details and participate in auction process. Currently, 21 banks are onboard on this portal.

Get these updates on Current Affairs Today Android App

Advertisement