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Important Current Affairs 3rd December 2018 English

(International News)

India, US Air Forces exercise Ex Cope India-2018
Air Forces of India and US began their 12-day joint exercise “Ex Cope India-2018” in West Bengal. It is fourth edition in series of bilateral joint exercise held by Air Forces of two nations conducted in India. 
Important
This edition of exercise is aimed at providing operational exposure to air force personnel of both countries and undertake mutual exchange of best practices for enhancing operational capability. It will be focused on enhancing US-Indian mutual cooperation and building on existing capabilities, aircrew tactics and force employment.

China, U.S. declare 90-day halt to new tariffs 
China and the United States have agreed to halt new tariffs as both nations engage in trade talks with the goal of reaching an agreement within 90 days, the White House announced after US President Donald Trump and Chinese President Xi Jinping held high-stakes talks in Argentina G20 summit. Mr Trump agreed not to boost tariffs on US$200 billion (S$274 billion) of Chinese goods to 25 per cent on Jan 1 as previously announced.

Former US President George HW Bush passed away 
George HW Bush became 41st president of the United States in 1989 after serving as vice-president under Ronald Reagan. His son, George W. Bush was also elected president and served two terms between 2001 and 2009. George HW Bush presided over the end of the Cold War and routed Saddam Hussein's Iraqi army but lost a chance for a second term after breaking a no-new-taxes pledge. 

(National News)

Sunil Arora takes over as new Chief Election Commissioner of India 
Sunil Arora assumed charge as 23rd Chief Election Commissioner (CEC) of India. He succeeded OP Rawat who retired on 1 December 2018.
Sunil Arora
Sunil Arora is retired IAS officer of1980-batch from Rajasthan cadre. He had retired in April 2016 as Information and Broadcasting secretary. Prior to this, he was skill development secretary. He has also worked in ministries and departments such as Finance, Textiles and Planning Commission and also has served as CMD of Indian Airlines for five years.


Bank of Maharashtra appoints A.S. Rajeev as MD and CEO
The 54-year-old previously served as the Executive Director of Indian Bank and had also been the CFO of Vijaya Bank. He will hold the position for a period of three years or till further orders, whichever is earlier.

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