04 December 2018 Current Affairs

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Tactical exercise ‘Vajra Kayaa’ completed
The Special Forces of India and United States completed their three-day tactical exercise called ‘Vajra Kayaa’ on December 01, 2018. ‘Vajra Kayaa’ is a part of the joint military drill ‘Vajra Prahar 2018’. ‘Vajra Kayaa’ was based on the narrative of an imaginary country going into a civil war due to a weak democratic structure. ‘Vajra Prahar 2018’ is being held between India and the US.

Ullas Narayan wins India’s 1st International medal in ultra running
Ullas Narayan became the first ever Indian individual medal winner in an international ultra running event by clinching a bronze in the 2018 International Association of Ultra Running (IAU) 24 Hour Asia & Oceania Championships in Taipei. Japan won the team event gold with a distance of 756 km and Australia (684 km) got the silver.

GDP in India will grow 7.2% in the year ending March 2019: Moody’s
Moody’s expects the real gross domestic product (GDP) in India to grow 7.2 per cent in the year ending March 2019 and 7.4 per cent in the following year. Earlier Moody’s Investors service growth prediction for India was 7.5% in 2018-19, 7.5% in 2019-20 released on 23rd August, 2018.

Qatar to leave OPEC from January 2019
Qatar has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC) from January 2019 and focus more on the production of natural gas. The announcement was made by Qatar’s new energy minister, Saad al-Kaabi. Qatar is the world’s largest exporter of LPG.

Commonwealth Senior Fencing Championships in Canberra, Australia
From 23rd to 28th November 2018, Commonwealth Senior Fencing Championships, was held in Canberra, Australia. India won a total of 3 medals: 2 gold and 1 bronze, in the championship. The medal tally was topped by England with 6 gold, 6 silver and 4 bronze medals.

04 December: Navy Day
The day is celebrated in honor of the maritime force’s role during the war with Pakistan in 1971 when Indian warships attacked Karachi port and successfully hurt Pakistani operations in the western coast. The Day is also celebrated to highlight the role the Navy plays in securing the country’s marine borders during peacetime and carrying out humanitarian missions.

Asia Pacific Summit 2018 began in Kathmandu
The ‘Asia Pacific Summit-2018’ was held in Kathmandu on 1 December 2018. The theme of the Summit is ‘Addressing the Critical Challenges of Our Time: Interdependence, Mutual Prosperity, and Universal Values’. It was organised by the South Korea-based ‘Universal Peace Federation’ and supported by the Government of Nepal.

Microsoft passes Apple to become most valuable company
Microsoft has surpassed Apple as the most valuable US company with a market value of about $812 billion. Apple’s market cap was about $1 billion less. In August 2018, Apple became the first US company with a $1 trillion valuation.


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