Current Affairs: Daily GK Update 12th December 2017

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Current Affairs: Daily GK Update 12th December 2017

International

1.Saudi Arabia Lifts Ban on Movie Theatres After 35 Years
Saudi Arabia will have its first public cinemas in more than 35 years after the government announced the lifting of the ban on movie theatres.

National

1.Finance Minister Holds 5th Pre-Budget Consultation Meeting 

The Finance Minister of India Arun Jaitley holds his 5th Pre-Budget Consultation Meeting with the leading Economists in New Delhi. According to the Finance Minister, India has recorded an average growth of 7.5% from 2014-15 to 2016-17.

2.Indian Economy Likely to Grow by 7.2% in 2018, 7.4% in 2019: UN Report
Indian economy is likely to grow by 7.2 percent in 2018 and go up further to 7.4 percent in 2019 on the back of strong private consumption, public investment and the ongoing structural reforms, according to a UN report.

3.Government Fixes Sovereign Gold Bond Rate at Rs 2890/gram
The government has fixed Rs 2,890 per gram as the price of new series of sovereign gold bonds (SGBs). The government, in consultation with the Reserve Bank, has decided to offer a discount of Rs 50 per gram to investors applying online and making payments digitally.

Appoinments

1.Nakul Chopra Elected as BARC India Chairman 

Nakul Chopra, President of AAAI and Senior Advisor, Publicis Communications, has been elected as the next Chairman of BARC India. Nakul succeeds Viacom18 Group CEO Sudhanshu Vats.

Sports

1. Australia Beat Argentina to Win Gold in Hockey World League Final
Australia beat Argentina 2-1 in the final of the Hockey World League Final (HWLF) to win gold at Kalinga Stadium, Bhubaneswar, Odisha. Argentina beat India (who won bronze earlier) in the semifinals.

2. Saurabh Chaudhary Claims Youth Olympics Games Spot with Gold
India’s Saurabh Chaudhary qualified for the Youth Olympics Games with a gold medal and a junior world record in 10m air pistol at the ongoing Asia Youth Olympics Games qualification tournament in Wako City, Japan.

3.Jitu Rai And Heena Sidhu Win Medals at Asian Championships

Pistol aces Jitu Rai and Heena Sidhu bagged a bronze each to continue India’s medal charge at the 10th Asian Championship 10m Rifle/Pistol in Wako City, Japan.