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Top 5 Current Affairs: 10 December 2018

Urjit Patel on December 10, 2018 resigned as the Governor of the Reserve Bank of India (RBI) with immediate effect, citing personal reasons. Urjit R Patel was appointed as the 24th Governor of Reserve Bank of India (RBI) on August 20, 2016 and took charge on September 4, 2016 for tenure of three years. He succeeded Raghuram Rajan.

Dec 10, 2018 18:21 IST
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Urjit Patel resigns as Governor of Reserve Bank of India

Urjit Patel on December 10, 2018 resigned as the Governor of the Reserve Bank of India (RBI) with immediate effect, citing personal reasons. Urjit R Patel was appointed as the 24th Governor of Reserve Bank of India (RBI) on August 20, 2016 and took charge on September 4, 2016 for tenure of three years. He succeeded Raghuram Rajan.

He was previously serving as the Deputy Governor of RBI. He mainly looked after monetary policy, economic policy research, statistics and information management, deposit insurance, communication and Right to Information.

Human Rights Day 2018 observed across the world

The Human Rights Day 2016 was observed across the world on December 10, 2018 to commemorate the adoption of the Universal Declaration of Human Rights.  The Theme of the 2018 Human Rights Day was ‘Let's stand up for equality, justice and human dignity’.

The day aims at promoting and raising awareness of the two Covenants of Human Rights Day. They are: International Covenant on Economic Social and Cultural Rights (ICESCR) and the International Covenant on Civil and Political Rights (ICCPR).

FAO Council approves India’s proposal to observe 2023 as International Year of Millets

The Food and Agriculture Organisation (FAO) Council of the United Nations approved India’s proposal to observe the year 2023 as the International Year of Millets. The approval came during the 160th session of the FAO, which was held during December 3-7, 2018 in Rome. Millets consists of Jowar, Bajra, Ragi and minor millets, together termed as nutri-cereals.  

FAO Council also approved India’s membership to the Executive Board of the United Nations World Food Program (WFP) for 2020 and 2021. Established in 1961 after 1960 Food and Agricultural Organization (FAO) Conference, the World Food Programme is the food-assistance branch of the United Nations.

SEBI to relax listing norms for start-ups; renames ITP as ‘Innovators Growth Platform’

The Securities and Exchange Board of India (SEBI) on December 7, 2018 passed a slew of relaxations for start-ups in sectors like e-commerce, data analytics and bio-technology to raise funds and list them on stock exchanges.

The proposed changes include renaming the 'Institutional Trading Platform' (ITP) of start-ups’ listings as 'Innovators Growth Platform'. The relaxation came in the wake of demands from various stakeholders to make the norms easier and the platform more accessible considering the expanding activities in the Indian start-up space.

Tamil Nadu launches toll-free helpline ‘181’ for domestic violence victims

The Tamil Nadu government on December 9, 2018 launched a 24-hour toll-free helpline ‘181’ for women facing domestic violence and sexual harassment. The initiative was launched by the state’s Chief Minister K Palaniswami.

The move will enable women facing domestic violence and sexual harassment at home or workplaces to contact the toll-free helpline to get emergency assistance such as police help, legal aid or medical services including an ambulance.

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