Current Affairs

GK and Current Affairs Updates

Select Date
Tags:
Hindi

Important Current Affairs 2nd July 2020

National

Gujarat Government launches Rs 1,369 crore ”At One Click” online cash aid for MSMEs & textile industry

• Gujarat Chief Minister Vijay Rupani launched an online cash aid initiative titled ”At One Click” for micro small and medium enterprises and textile industries in the state on 26 June 2020.

• The state government has announced total of Rs 1,369 crore in aid for around 13,000 MSMEs in Gujarat under the program.

• Out of the toatl 1,369 crore aid, Rs 768 crore have been transferred in bank accounts of 12,247 MSME units in Gujarat while Rs 601 crore aid has been given to bigger industrial units including textile industry.

Goa Govt Allocates 14,380 sqm land to set up India first Maritime Cluster

• The Government of Goa has allotted over 14,380 square metres of land at Verna industrial estate to ‘Konkan Maritime Cluster’ (Goa Maritime Cluster), a consortium of 49 Goan MSME units, to set up its Common Facility Centre.

• The Goa Maritime Cluster will be the first Maritime Cluster of India, providing a world-class common facility for manufacturing, design and other allied services for the shipbuilding industry.

• The project is likely to extend direct benefits to another 180 units.

Giriraj Singh launches the 1st Edition of “Matsya Sampada”

• Union Minister for Fisheries, Animal Husbandry and Dairying, Giriraj Singh has launched the 1st Edition newsletter “MatsyaSampada” fisheries and aquaculture published by the Department of Fisheries and the operational guidelines of Pradhan Mantri Matsya Sampada Yojana (PMMSY).

• This newsletter will be published on a quarterly basis.

International

FCC designates 2 Chinese companies as National Security Threats

•  The US Federal Communications Commission (FCC) has designated two Chinese companies - Huawei Technologies and ZTE Corporation as national security threats.

•  FCC Chairman Ajit Pai stated that both Huawei and ZTE have close ties with Chinese Communist Party and China’s military apparatus. He stated that the US government will not allow the Chinese Communist Party to exploit vulnerabilities in US communications networks.

•  The agency is considering banning these Chinese telephone companies from entering the US market. As per the US, Huawei’s equipment could be used by China for spying.

Banking and Economy

Fitch slashes India’s GDP Growth Projection to 8% from 9.5% for FY22

• Fitch Ratings has cut India’s growth forecast for the fiscal year 2021-22 to 8 percent from its earlier projection of 9.5 percent, in its June update of Global Economic Outlook released on 30 June 2020.

• However, the rating agency has retained its projection for the current fiscal which is expected to contract by 5 percent in the 2020-21.Fitch projected Indian economy to grow 5.5 percent in 2022-23.

Banks sanction over Rs 1 lakh cr loans to 30 lakh MSMEs under ECLGS

• As per the data by the Ministry of Finance on 30 June 2020, banks from public and private sectors have sanctioned over Rs 1 lakh crore loans under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector as of June 26, 2020.

• Out of this, more than Rs 45,860 crore has already been disbursed under the 100 percent ECLGS for the micro, small and medium enterprises (MSMEs).

• The top lenders under the scheme are State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank and HDFC Bank.

World Bank approves $750 mn emergency response fund for India’s MSME sector

• The World Bank has approved loan worth $750 million to address the immediate liquidity and credit needs of India’s micro, small, and medium enterprises (MSMEs), severely impacted by the C-19 crisis.

• The World Bank’s MSME Emergency Response program will provide financial support to some 1.5 million viable MSMEs.

• With this, the World Bank’s total commitment has reached to $2.75 billion to support India’s emergency C-19 response.

Appointments and Resignations

Ravinder Bhakar becomes new CEO of CBFC

• Shri Ravinder Bhakar, a 1999 batch officer of Indian Railway Stores Service (IRSS), has taken over as the Chief Executive Officer (CEO) of Central Board of Films Certification (CBFC) on 30 June 2020.

• Prior to this, Mr. Bhakar was posted as the Secretary & Chief Public Relations Officer of Western Railways.

• He succeeds Anurag Srivastava. Chairperson of CBFC – Shri Prasoon Joshi

Shrikant Madhav Vaidya becomes new chairman of IOC

• Shrikant Madhav Vaidya took charge as the new chairman of Indian Oil Corporation (IOC). Prior to this, he was the Director (Refineries) on the IOC Board, since October 2019.

• He will replace Sanjiv Singh, who retired on June 30.

Shashank Manohar quits as ICC Chairman

• International Cricket Council (ICC) Chairman, Shashank Manohar has stepped down as the head of the cricket body after two-year tenures. ICC Board has decided that Deputy Chairman Imran Khawaja will take the charge until Manohar’s successor is elected.

•  The process for the Chairperson election is likely to be approved by the ICC Board within the next week.

Days

National Postal Worker Day

• The National Postal Worker Day is marked every year on July 1 globally in recognition of the contribution made by postal workers in our society.

• The day is a unique opportunity to say ‘thank you’ not only to postmen but also to all delivery personnel, as online shopping has become a lifeline for many of us.

• The day was initiated by a popular postal service provider from Seattle, United States of America in 1997  to felicitate and honour the co-postal workers for their dedication.

World UFO Day

• World UFO Day is observed on 2nd July. It was founded by the UFO hunter Haktan Akdogan.

• The first World UFO Day was celebrated in 2001 and spread awareness among people to gaze at the heavens scanning for unidentified flying objects.

Read More
Read Less

Important Current Affairs 1st July 2020

National

PM extends “Pradhan Mantri Gareeb Kalyan Anna Yojana” till November 2020

• PM Narendra Modi on June 30, 2020 addressed the nation in the context of Unlock 2.0 that will be effective from July 1.

• Pradhan Mantri Gareeb Kalyan Anna Yojana will be extended till the end of November, an extension to cost over Rs 90 thousand crores. Over 80 cr people to get free food grain till Diwali and Chhathpooja.

• Pradhan Mantri Garib Kalyan Yojana, 20 crore accounts have received 31,000 crores in their Jan Dhan Accounts.

• PM urges the citizens to take the pledge of Vocal for Local and work for the betterment of the society and country at large.

• One Nation One Ration Card will be implemented on whole India. This will especially benefit those people who leave their native-place, native-state to find work in some other state.

DGCI approves Bharat Biotech’s vaccine for clinical trials

• The Drug Controller General of India (DGCI) has given its approval to the Indian vaccine manufacturer Bharat Biotech’s vaccine. Bharat Biotech can now initiate phase-I and Phase-II human clinical trials for the C-19 vaccine candidate.

• The vaccine has been developed in collaboration with the National Institute of Virology which is a part of the Indian Council for Medical Research (ICMR).

Maharashtra launches largest plasma therapy trial “Project Platina”

• Maharashtra Chief Minister Uddhav Thackeray has launched the world’s largest plasma therapy trials “Project Platina” for C-19 patients. The state government has approved Rs 16.65 crore for the project from the Chief Minister’s Relief Fund.

• There are 21 centres have been picked for the trial, including 17 medical colleges under the department of medical education and drugs, the government of Maharashtra and four BMC medical colleges in Mumbai.

International

China passes national security law for Hong Kong

• China has passed the controversial Hong Kong National Security Law. The law will come into effect from July 1, 2020 and carries maximum penalty of life term in jail. The law has been passed on the day that is commemorated as 23rd anniversary of the day when the British passed Hong Kong to China.

• Earlier, the law received unanimous approval of National People's Congress Standing Committee.

Awards

Popstar Beyonce honored with BET 2020 Humanitarian Award

• PopstarBeyonce has been honored with the BET 2020 Humanitarian Award for her longstanding philanthropic work with her BeyGOOD Foundation, including her recent C-19 relief efforts such as #IDIDMYPART, a mobile testing initiative.

• The award was presented by the former First Lady Michelle Obama.

Appointments and Resignations

KK Venugopal reappointed as Attorney General of India

• KK Venugopal has been reappointed as the Attorney General of India by President Ram Nath Kovind.  Venugopal appointment has been extended for one year with effect from July 1, 2020.

• He was appointed as the Attorney General in July 2017 following the resignation of Mukul Rohatgi. Venugopal himself made the request for his reappointment.

Days

National Doctor’s Day 2020

• National Doctor's Day 2020 will be celebrated on July 1st to thank physicians and doctors for their dedicated services to patients.Doctor’s Day 2020 is being celebrated for acknowledging the services of doctors and their huge contribution to the medical advancement in India.

• Every year, the theme for Doctor's day is announced by Indian Medical Association. Last year it was 'Zero tolerance to violence against doctors and clinical establishments.' The theme of National Doctor's Day 2020 is not announced yet.

• National Doctors' Day is celebrated on July 1 all across India to honour the legendary physician and the second Chief Minister of West Bengal, Dr. Bidhan Chandra Roy.

National Charted Accountants Day

• National Charted Accountants Day or CA Day is celebrated on July 1 every year. This day is celebrated to commemorate the finding of the Institute of Chartered Accountants of India (ICAI) by the parliament of India in 1949.

•  Every year on the day of the establishment of the ICAI, CA Day is celebrated to honour the Chartered Accountant.

Read More
Read Less

Important Current Affairs 30th June 2020

National

Ban on 59 Chinese apps for safety, security and integrity of India

• The Ministry of Electronics & Information Technology has announced that “Government of India Bans 59 Chinese mobile apps”, which are prejudicial to sovereignty and integrity of India, defence of India, the security of the state and public order”.

• The Ministry of Information Technology, invoking it’s power under section 69A of the Information Technology Act read with the relevant provisions of the Information Technology (Procedure and Safeguards for Blocking of Access of Information by Public) Rules 2009 and in view of the emergent nature of threats has decided to block 59 apps.

• The Ministry had also received concerns from citizens regarding security of data and risk to privacy in operation of certain apps.  The Indian Cyber Crime Coordination Centre under the Home Ministry had also sent a recommendation to block such malicious apps.

The complete list of 59 Chinese App Banned in India is given below:

Chinese Mobile Applications

1. TikTok

2. Shareit

3. Kwai

4. UC Browser

5. Baidu map

6. Shein

7. Clash of Kings

8. DU battery saver

9. Helo

10. Likee

11. YouCam makeup

12. Mi Community

13. CM Browers

14. Virus Cleaner

15. APUS Browser

16. ROMWE

17. Club Factory

18. Newsdog

19. Beutry Plus

20. WeChat

21. UC News

22. QQ Mail

23. Weibo

24. Xender

25. QQ Music

26. QQ Newsfeed

27. Bigo Live

28. SelfieCity

29. Mail Master

30. Parallel Space

31. Mi Video Call – Xiaomi

32. WeSync

33. ES File Explorer

34. Viva Video – QU Video Inc

35. Meitu

36. Vigo Video

37. New Video Status

38. DU Recorder

39. Vault- Hide

40. Cache Cleaner DU App studio

41 DU Cleaner

42. DU Browser

43. Hago Play With New Friends

44. Cam Scanner

45. Clean Master – Cheetah Mobile

46. Wonder Camera

47. Photo Wonder

48. QQ Player

49. We Meet

50. Sweet Selfie

51. Baidu Translate

52. Vmate

53. QQ International

54. QQ Security Center

55. QQ Launcher

56. U Video

57. V fly Status Video

58. Mobile Legends

59. DU Privacy

Delhi Government to start its own Plasma Bank

• Delhi government will start its own 'Plasma Bank' for treatment of Chinese virus positive patients. Chief Minister ArvindKejriwal has urged all the C-19 recovered patients in national capital to donate their plasma for the bank.

• Plasma Bank will begin its operations in next two days at the Institute of Liver and Biliary Sciences, Delhi.

PM FME Scheme launched under Atmanirbhar Bharat

• The Union Minister of Food Processing Industries, Harsimrat Kaur Badal formally launched Pradhan Mantri Scheme for Formalization of Micro Food Processing Enterprises as a part of Atma Nirbhar Bharat Abhiyan on 29 June 2020.

• The scheme aims to enhance the competitiveness of the existing individual micro enterprises by increasing their access to credit, modern technologies among other things.

• The All India Centrally Sponsored Scheme has an outlay of Rs.10,000crore for 5 years from 2020-21 to 2024-25 and  Provide employment to about nine lakh skilled and semi-skilled workers.

Uttarakhand forest department develops India’s 1st lichen park

• Uttarakhand forest department has developed India’s first lichen park in Kumaon’s Munsiyari, Pithoragarh district. Lichens are found in the Himalayas up to 5000 metres are important species as they are the best bioindicators of the pollution levels.

• The project aims to study the distribution of different lichen species, their habitat, their morphological and physiological aspects, surveying and literature review, the establishment of species, current threats to their habitat including anthropological and climatic factors, and coming up with suitable conservation strategies and protection strategies.

• These Jurassic-era lichen species are used in food, perfumes, dyes and traditional medicines.

International

Micheal Martin takes over as the Prime Minister of Ireland

• Micheal Martin has been appointed as the Taoiseach (Prime Minister) of the Republic of Ireland on 27 June 2020.

• The 59-year-old will lead a three-party coalition government consisting of FiannaFáil, Fine Gael and the Green Party.

• Martin is serving as the 15th Taoiseach of the country. He succeeds Leo Varadkar.

Lazarus Chakwera wins President election in Malawi’s

• Lazarus Chakwera becomes the new President of Malawi. He defeated incumbent Peter Mutharika with 58.57% of votes. Chakwera won with 2.6 million votes against 1.75 million for Mutharika. He is the head of the Malawi Congress Party(MCP).

Banking and Economy

Indian economy expected to contract 5% in FY21: S&P Ratings

• The GDP growth of India is expected to contract by 5 percent in the fiscal year 2020-21, according to latest forecast by S&P Global Ratings.

• The growth is expected to rebound in 2021-22 at 8.5%

Summary

FY21: -5%

FY22: 8.5%

FY23: 6.5%

Days

International Asteroid Day

• The International Asteroid Day, also known as Asteroid Day is a United Nations proclaimed day observed globally on June 30 ever year to raise awareness about asteroids and what can be done to protect the Earth, its families, communities, and future generations from a catastrophic event.

• The event marks the anniversary of the Siberian Tunguska event that took place on June 30, 1908, and was the most harmful known asteroid-related event on Earth in recent history.

• The first International Asteroid Day was held in 2015.

International Day of Parliamentarism

• International Day of Parliamentarism is observed globally on 30 June every year. The Day celebrates parliaments and ways during which parliamentary systems of government improve the everyday lives of individuals throughout the world.

• It is also a chance for parliaments to spot challenges and stock ways to deal with them effectively.The 2020 event is the third edition of the celebration.

Read More
Read Less

Important Current Affairs 29th June 2020

National

India becomes 1st country to control locusts through drones

• India is the first country to control locusts through drones. Under the Make in India initiative, the Department of Agriculture, Cooperation & Farmers’ Welfare (DAC&FW), Agriculture Ministry has indigenously developed a vehicle-mounted Ultra-low volume (ULV) sprayer for locust control.

• In total 60 ground control teams of Locust Circle Offices and 12 drones are being used for locust control operations in the affected areas.

• Locust is a crop-threatening migratory pest that has entered the country through the India-Pakistan border.

Piyush Goyal chairs 49th Governing Council Meeting of NPC

• Shri Piyush Goyal, Commerce & Industry Minister and President of NPC Governing Council chaired the 49th Governing Council Meeting of National Productivity Council (NPC)

• The meeting witnessed the participation of Government Officers, Leaders of Industry Associations, Industry captains, Trade Union leaders, Productivity Councils of States and other eminent personalities.

• NPC is an autonomous body which comes under the Department for Promotion of Industry & Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India.

Indian Navy inducts Advanced Torpedo Decoy System “Maareech”

• The Indian Navy has inducted the Advanced Torpedo Decoy System ‘Maareech’ in its fleet on 26 June 2020, to further enhance the Anti-Submarine Warfare capability of the Indian Navy

• Maareech is capable of being fired from all frontline warships.

• The Design and Development of this anti-torpedo decoy system has been undertaken indigenously by DRDO labs-(NSTL and NPOL).

Banking and Economy

World Bank Approves USD 500 mn loan to improve quality of education system in 6 Indian States

• The World Bank has approved loan worth $500 million (about Rs 3,700 crore) for Strengthening Teaching-Learning and Results for States Program (STARS) on June 24, 2020, to improve quality and governance of school education in six Indian states.The six states are Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Odisha, and Rajasthan.

• The STARS program builds on the long partnership between India and the World Bank (since 1994), for strengthening public school education and to support the country’s goal of providing Education for All.

PhonePe partners with ICICI Bank on UPI multi-bank model

• Flipkart-owned PhonePe has partnered with ICICI Bank on UPI multi-bank model giving its users the option to create and use multiple UPI IDs with ICICI and Yes Bank”s handles.

• The ‘@ibl’ handle for ICICI Bank users and ‘@ybl’ handle for YES Bank users will enable easy, quick and contactless payment services to over 200 million registered PhonePe users.

Ranking

At 26th position, Bengaluru Becomes India’s Only City in Top 30 Global Startup Ecosystems Ranking 2020 Released by Startup Genome

• According to the report, ‘Global Startup Ecosystem Report (GSER) 2020; the New Normal for the Global Startup Economy and the Impact of -19’ released by Startup Genome, Bangalore has become the only city in the country to be included in the world’s top-30 startup ecosystem ranking & placed 26th position. At the same time, the nation’s capital Delhi has been ranked 36th in the list.

• Further, Mumbai ranked first in a parallel “100 emerging ecosystem rankings 2020” followed by Jakarta, Zurich.

Days

National Statistics Day

• The Government of India celebrates Statistics Day on June 29 every year since 2007 to popularize the use of Statistics in everyday life and sensitize the public as to how Statistics helps in shaping and framing policies.

• The day marks the birth anniversary of Father of Indian Statistics, Prof. P C Mahalanobis, in recognition of his invaluable contribution in establishing the National Statistical System.

• The theme of Statistics Day, 2020 is SDG- 3 (Ensure healthy lives and promote well-being for all at all ages) & SDG- 5 (Achieve gender equality and empower all women and girls).

Read More
Read Less

Important Current Affairs 28th June 2020

National

NITI Aayog launches behaviour change campaign ‘Navigating the New Normal’

• NITI Aayog has launched a behaviour change campaign titled ‘Navigating the New Normal’ and its website to guide people to follow norms during the ‘Unlock’ phase of the c- 19, in order to contain the spread of the deadly virus.

• The campaign has been developed under the guidance of Empowered Group 6, constituted by the GoI, under the Chairmanship of NITI Aayog CEO Amitabh Kant.

Maharashtra Govt introduced “Maha Parwana” plan to boost investment

• Maharashtra State Government has introduced “MahaParwana” plan to attract fresh investment in industries. This plan will offer incentives and a single-window clearance system.

• The companies with investment proposals for Rs.50 crore or more will get relaxation on getting clearances from multiple departments with assurance letters (Maha Parwana).

• These companies should apply at the Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI), single window system and get online permission within 48 hours.

International

VaYu, World’s first yoga University outside India inaugurated in Los Angeles

• The world’s first yoga university outside India has been launched in Los Angeles, as a part of the 6th International Yoga Day commemorations.

• The University has been named as Vivekananda Yoga University (VaYU), and will offer programmes that combine scientific principles and modern research approaches to the ancient Indian practice of yoga.

• VaYU will offer online graduate programmes based on scientific principles and modern research approaches to yoga.

• Swami Vivekananda Yoga Anusandhana Samsthana(SVYASA) is the world’s first yoga university, set up in Bengaluru, India.

Sports

Rahul Dravid beats Sachin Tendulkar in Wisden India’s poll

• According to a poll conducted by Wisden India, Rahul Dravid is the greatest Indian Test batsman of all time. Dravid beats Sachin Tendulkar by a narrow margin of votes in the final round of voting. Dravid got 52 percent of the votes. Dravid saw off Tendulkar within the final round of the voting by a narrow margin despite trailing at 42 per cent.

• The poll initially had 16 Indian batting greats, with Sunil Gavaskar and ViratKohli being the 2 others to possess made it through to the ‘semi-finals’. Gavaskar beat Kohli within the ‘third-place play-off’ by a narrow margin.

Ranking

India slips down at 77th place in accounting money in Swiss banks

• Swiss National Bank (SNB) has released ‘Annual banking statistics, 2019’. According to the latest SNB data, India has moved down three places to 77th rank in terms of money parked by its citizens.

• However, many neighbouring countries are below India in the list. Among them, Pakistan is ranked 99th, Bangladesh 85th, Nepal 118th, Sri Lanka 148th, Myanmar 186th and Bhutan 196th.

Days

Micro-, Small and Medium-sized Enterprises Day: 27 June

• The United Nations Micro, Small and Medium-sized Enterprises Day is held on June 27 since 2017 to celebrate the work of MSME in local and global economies and their contribution to sustainable development.

• 2020 Theme is “C-19: The Great C- 19 and its impact on Small Business“

Read More
Read Less

Important Current Affairs 27th June 2020

National

PM launches Atma Nirbhar Uttar Pradesh Rojgar Abhiyan

• Prime Minister Narendra Modi has launched a 125-day campaign on 26th June 2020 that will provide employment migrant and daily wage workers in the state of Uttar Pradesh. The campaign is called Atma Nirbhar Uttar Pradesh Rojgar Abhiyan. The campaign was launched through video conferencing in the presence of Yogi Adityanath (Chief Minister Uttar Pradesh).

• The mega job scheme launched by Prime Minister today is part of the Garib Kalyan Rojgar Abhiyaan that was launched on 20th June 2020 by Prime Minister himself.

• The Campaign launched will focus on providing employment in a total of 31 districts of Uttar Pradesh. There are more than 25,000 returnee migrant workers in each of the 31 districts.It was also announced that 5000 tool kits will also be distributed under the Atma Nirbhar Bharat Initiative in the state.

International

Russia plans to take first tourist for spacewalk in 2023

• Russia's Energia Space Corporation plans to take its first tourist for spacewalk in the year 2023. The Energia entered into a contract with Space Adventures of United States to take two space tourists in 2023 to the International Space Station (ISS).

• Energia is a part of Roscosmos, Russia’s Space Agency.

Pakistan to remain on FATF grey list

• Pakistan will remain on the grey list of the Financial Action Task Force (FATF) for failing to suits the worldwide terrorist financing watchdog’s deadline to prosecute and penalise terrorist financing in the country.

• FATF had expressed serious concerns over Pakistan’s failure to finish its 27-point action plan in line with the agreed timelines, which led to September 2019.

Banking and Economy

IMF predicts Indian economy to contract by 4.5% in FY21

• The International Monetary Fund (IMF) has projected that Indian economy will experience a sharp contraction of 4.55% in Fiscal Year 2021, as compared to that of 1.9% expansion projected in the month of April 2020. The international organization has called this a “historic low” for India.

World’s First Gold-backed Digital Gold Currency launched in India

• IBMC Financial Professionals Group, an internationally recognized financial services institution and business consultants, has joined hands with US Gold Currency Inc and Blockfills to bring the world’s first monetary gold-backed digital gold currency to India.

• The currency is also being simultaneously introduced in the Gulf Cooperation Council (GCC), Middle East and Africa. Each US Gold digital currency is backed by US American Eagle one ounce (33.931 gram) gold coin, minted by US Federal Agency, US Mint.

• The holders of the currency can redeem their digital assets as physical gold coin or in US dollars anywhere in the world.

Science and Technology

NASA headquarters to be renamed for Mary W. Jackson

• NASA has announced that its headquarters in Washington, D.C., will be named after Mary W. Jackson, one of its history-making engineers. The information was passed by NASA Administrator Jim Bridenstine.

• Mary. W. Jackson was an aerospace engineer and a mathematician who was part of a group of very important women who had NASA succeed in getting American astronauts into space.

Sachin Bansal’s startup “Navi” launches new instant lending app

• Flipkart co-founder Sachin Bansal’s financial services startup “Navi” has launched a mobile app ” Navi lending” to provide instant personal loans targeted at consumers in the middle-income segment.

Obituary

1971 war hero SqnLdr Parvez Jamasji passes away

• Vir Chakra awardee, SqnLdr (retd) Parvez Jamasji passed away. He was commissioned in 1965 and retired in 1985. He was awarded the Vir Chakra for gallantry during the 1971 Indo-Pakistan war.

Sports

New Zealand, Australia to jointly host 2023 FIFA Women's World Cup

• Australia and New Zealand till jointly be hosting the FIFA Women's World Cup 2023. The Federation of International Football Associations made the announcement on June 25, 2020 following the voting done by FIFA Council during its virtual meeting.

• New Zealand Football and Football Federation Australia had earlier submitted a joint bid for hosting the World Cup 2023.

Read More
Read Less
View All Comments

Important Current Affairs 26th June 2020

National

Health Minister Dr Harsh Vardhan launches eBlood Services Mobile App

• Health Minister Dr. Harsh Vardhan on June 25, 2020 launched the eBlood Services Mobile Application. The application is an initiative of the Indian Red Cross Society, which is dedicated to the fight against C-19.

• Those in need can get registered on the app and know where to get the required blood. The Health Minister stated that people can demand up to four units of blood.

• The Indian Red Cross Society's blood banks will wait up to 12 hrs for them.

Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company Introduces Nishtha Vidyut Mitra Scheme for Women Empowerment

•  The Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company Limited(MPMKVVCL) introduced the Nishtha Vidyut Mitra Scheme for women empowerment.

•  Under this scheme, women Self-Help Groups at Gram Panchayat level will act as Nishtha Vidyut Mitra.

International

Iran to develop military base in Indian Ocean

•  The Islamic Revolutionary Guards Corps (IRGC) of Iran is planning to set up its permanent military base in the Indian Ocean.

•  Iranian Navy Commander Rear Admiral Alireza Tangsiri announced that the military base is expected to be developed by March 2021.

Banking and Economy

RBI directs banks, NBFCs, digital lending platforms to disclose full information

• The Reserve Bank of India has directed the banks, Non Banking Financial Corporations and digital lending platforms to disclose full information up front on their websites to customers to make the digital lending more transparent.

• The RBI’s follows several complaints against exorbitant interest rates and harsh recovery measures of the lending platforms.

• The RBI stated that a letter must be issued to the borrower on the letter head of the bank/ NBFC concerned immediately after the loan sanction. A copy of the loan agreement shall also be provided to all borrowers at the time of the disbursement of loans. The RBI also asked the banks and NBFCs to create awareness about the grievance redressal mechanism.

Awards

e-Panchayat Puraskar 2020 to Himachal Pradesh

•  Himachal Pradesh state Panchayati raj department wins 1st prize under e-Panchayat Puraskar-2020. This prize was given by the Union Ministry of Panchayati Raj. All the 3,226 panchayats of the state have been provided internet facility and people can access various services online.

•  The various services such as family register, registration of birth, death and marriages are registered online in the panchayats. Union ministry of Panchayati raj has made a lot of efforts to bring in transparency, efficiency and accountability in gram panchayats’s functioning.

Acquisitions and Mergers

CCI approves Jaadhu Holdings LLC’s acquisition of 9.99 percent stake in Jio Platforms

•The Competition Commission of India (CCI) has approved Jaadhu Holdings LLC’s acquisition of a 9.99 percent stake in Jio Platforms. 

•Jaadhu Holdings LLC is a newly incorporated company, which was formed in March 2020 under the laws of the US state of Delaware. It is an indirect wholly-owned subsidiary of Facebook.

•Jio Platforms hold 100 percent of the issued and outstanding share capital of Reliance Jio Infocomm Limited (RJIL).

Days

International Day in Support of Victims of Torture

International Day in Support of Victims of Torture is observed on 26th June every year. This day is observed by the United Nations to raise awareness among the people about the human torture that it is not only unacceptable but it is also a crime.

International Day Against Drug Abuse and Illicit Trafficking

•  International Day Against Drug Abuse and Illicit Trafficking is observed globally on 26th June every year. The day is observed by the United Nations as an expression of its determination to strengthen action and cooperation to achieve the goal of an international society free of drug abuse.

•  The theme of International Day Against Drug Abuse and Illicit Trafficking 2020: “Better Knowledge for Better Care”.

India's first Cricket World Cup lifted on this day in 1983

•  India lifted its first-ever ICC Cricket World Cup on June 25 in the year 1983. 37 years ago, India made history by lifting its Cricket World Cup by defeating West Indies by 43 runs at Lord's Cricket Ground, England.

•  Kapil Dev-led Indian cricket team managed to score only 183 runs that were enough to beat the West Indies.

Read More
Read Less

Important Current Affairs 25th June 2020

National

MSME Minister Nitin Gadkari launches CGSSD

•  The Micro, Small and Medium Enterprises Minister Nitin Gadkari on 4June 24, 2020 launched the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD).

•  Under the scheme, a guarantee cover worth Rs 20,000 crore will be provided to the promoters who can take debt from the banks to further invest in their stressed MSMEs as equity.

•  The scheme aims to extend support to the promoters of the operational MSMEs that are stressed and have become NPA as on April 30, 2020.

•  Under the scheme, Promoters of the MSMEs will be given credit equal to 15 percent of their stake or 75 lakh rupees whichever is lower. There will be a moratorium of 7 years on payment of principal whereas maximum tenure for repayment will be 10 years.

India to give USD 10 million to UNRWA for Palestine Refugees

• India has pledged to contribute USD 10 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). The amount would be contributed over the coming two years.

• The contribution of USD 10 million would be an additional amount over and above USD 5 million contribution announced for year 2020.

• The announcement was made by the Minister of State for External Affairs V Muraleedharan while addressing the Extraordinary Virtual Ministerial Pledging Conference for UNRWA.

CCEA approves establishment of Animal Husbandry Infrastructure Development Fund

• The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs 15000 crore.

• The fund is a part of the AtmaNirbhar Bharat Abhiyan stimulus package that was announced by Finance Minister Nirmala Sitharam to revive economic growth.The Animal Husbandry Infrastructure Development Fund would facilitate much-needed incentivisation of investments for dairy and meat processing and value addition infrastructure and establishment of animal feed plant in the private sector.

• The Indian Government would also set up a Credit Guarantee Fund worth Rs 750 crore to be managed by NABARD.

Govt forms IN-SPACe to guide private sector in space activities

• The Union Minister of State for Atomic Energy and Space, Jitendra Singh announced that a new institution- Indian National Space Promotion and Authorisation Centre (IN-SPACe) has been formed. The institution will guide the private industries in the space activities with the help of encouraging policies in a friendly regulatory environment.

• The Union Minister informed that Indian National Space, Promotion & Authorisation Centre is not a new institution but now its role has been extended into the Indian Space Research Organisation (ISRO).

International

World's first yoga University outside India launched in LA

• The world's first yoga university outside India has been launched in Los Angeles, United States as a part of the 6th International Yoga Day commemorations.

• The Vivekananda Yoga University (VaYU) will offer programmes that combine scientific principles and modern research approaches to the ancient Indian practice of yoga.The university combines best of the East, which is yoga and its applications and best of the West, which is modern scientific research.

Banking and Economy

GoI brings all cooperative banks under supervision of RBI

• The Union government on June 24 has decided to bring 1,482 urban cooperative banks and 58 multi-state cooperative banks under the Reserve Bank of India (RBI). The news was announced by I&B Minister, Prakash Javadekar after the Union Cabinet’s meeting.

• The Union minister informed that RBI’s power as they apply to the scheduled banks will now also apply to the cooperative banks. He added that the government has decided to introduce an ordinance that will put cooperative banks under RBI’s supervision.

• This decision will give an assurance to more than 86 million depositors in these banks that their money amounting to Rs 4.84 trillion will stay safe.

India retains its position as 3rd Largest Economy on PPP basis for 2017: World Bank Report

• The World Bank has released the new purchasing power parity (PPP) for the reference year 2017, under the International Comparison Program (ICP), that adjust for differences in the cost of living across economies of the world. Globally, 176 economies participated in 2017 cycle of ICP.

• India has retained its position as the third-largest economy in the world in terms of purchasing power parity (PPP) for 2017, as per the World Bank data. India was 3rd largest in 2011 round of World Bank’s International Comparison Program (ICP) also.

Read More
Read Less

Important Current Affairs 24th June 2020

National

Patanjali launches Ayurvedic medicine, claims 100 pc recovery within 3-7 days

•  Patanjali on June 23, 2020 launched 'Coronil and Swasari', its Ayurvedic medicine, which it claims can treat C-19. There is no official confirmation on the same by any scientific or government authority.

•  Patanjali stated that the medicines showed 100 percent favourable results during clinical trials on the confirmed  patients. Two clinical trials were conducted, the first clinical controlled study that took place in Delhi and Ahmedabad and many other cities.

•  Around 280 patients were included in the trial and as per Patanjali, 100 percent of those recovered.

•  However, the efficacy of Patanjali’s medicines has not received any backing from any medical body as yet. The World Health Organization (WHO) had recently said that though many drug trials are going on, there is currently no proof that any drug can cure or prevent C-19.

Rajasthan Government to launch “Indira Rasoi Yojana”

Rajasthan state government will soon launch Indira Rasoi Yojana for the poor. This scheme will start to ensure that “no one sleeps hungry” in the state. Under this scheme, pure and nutritious food on concessional rates is going to be provided to the needy twice each day. The State government will spend Rs.100 crores every year on the scheme.

Banking and Economy

Moody’s Projects India’s GDP at -3.1% for Calendar Year 2020 and 6.9% in 2021

•   Moody’s Investors Service has sharply revised its forecast for India’s annual GDP growth and has projected the Indian economy to shrink 3.1 percent in the Calendar year 2020, caused by the disruptions due to the C -19.

•    Moody’s released its June update to Global Macro Outlook (2020-21) on 22 June 2020.

Awards

Nobel-laureate Indian economist Amartya Sen wins 2020 Peace Prize of the German Book Trade

• Nobel-laureate Indian economist and philosopher Amartya Sen has been selected for the 2020 Peace Prize of the German Book Trade for his decades-long work around issues of global justice.

• The 86-year-old Harvard professor and past Nobel prize winner will be awarded during a ceremony on 18 October 2020 in Frankfurt. The Peace Prize of the German Book Trade comes with a cash prize of €25,000 euros ($28,000).

• He has been chosen for the prestigious prize for his pioneering work addressing issues of global justice, social inequality in education and healthcare.

Science and Technology

ISRO receives patent for “Liquid Cooling and Heating Garment”

• The Indian Space Research Organisation (ISRO) has received a patent for its Liquid Cooling and Heating Garment (LCHG). Liquid Cooling and Heating Garment (LCHG) is a protective garment for human spaceflight. It is a close fitting long garment that covers the torso as well as the limbs from neck to toe as a single piece lightweight comfort inner wear.

• The flight suit has to be worn by the astronauts over the LCHG. The garment permits the long term use without any impact on the wearer in terms of skin irritation or infection.

Obituary

Former Indian shooter Pournima Zanane passes away

• Former Indian shooter and coach Pournima Zanane passed away due to cancer. She represented India at multiple ISSF World Cups, Asian Championships, Commonwealth Championships, amongst other tournaments.

• Pournima Zanane was a national record holder in 10m Air Rifle event.

Appointments and Resignations

T. Rabi Sankar becomes new Chairman of IFTAS

• Indian Financial Technology & Allied Services (IFTAS) has announced the appointments of T Rabi Sankar as the Chairman of the organization. IFTAS is a wholly-owned subsidiary of Reserve Bank of India.

• T Rabi Sankar, currently serving as Executive Director, Reserve Bank of India for Payment Systems, Information Technology, Risk Management and Fintech has taken over concurrent charge, ex officio, as the Chairman of IFTAS.

Days

United Nations Public Service Day

• The United Nations Public Service Day is celebrated on June 23 every year, as a tribute to the people who are associated with public service in all the counties of the world.

• The Day was designated by the United Nations General Assembly in 2003 to celebrate the value and virtue of public service to the community.

• Theme of 2020 is ‘On the frontlines: honouring public servants in the C-19  response.’

International Olympic Day

• The Olympic Day is celebrated globally on 23rd June every year. This year the Olympic Movement will celebrate Olympic Day 2020 by creating the world’s largest 24 hour digital-first Olympic workout.

• For this, the Olympic Channel is making a brand new home workout video made by Olympic athletes.The Olympic Day 2020 theme is “Move, learn and discover”

Books and Authors

Amish Tripathi launches his new fiction book – ‘Legend of Suheldev: The King Who Saved India’

• The author of The Immortals of Meluha has announced the launch of his new book, Legend of Suheldev: The King Who Saved India. Published by Westland Publications Pvt Ltd, his latest fiction is set in 11th-century, India.

• The book begins with Mahmud of Ghazni's invasion and the massacre of the holy Somnath Temple. The book has been published by Westland Publications.

Read More
Read Less
View All Comments

Important Current Affairs 23rd June 2020

National

NITI Aayog to launch project “Decarbonising Transport in India”

• NITI Aayog has collaborated with International Transport Forum (ITF) for “Decarbonising Transport in India” project, with the aim to develop a pathway towards a low-carbon transport system for India.

• The project will be launched online on 24 June, 2020, at YouTube livestream, which can be accessed at https://youtu.be/l2G5x5RdBUM.The “Decarbonising Transport in India” project will provide the government with a detailed understanding of current and future transport activity and the related CO2 emissions as a basis for their decision-making.

• ITFis Paris, France based intergovernmental organisation for transport policy. India has been a member of ITF since 2008.The project is part of the ITF’s “Decarbonising Transport in Emerging Economies” (DTEE) family of projects, which supports transport decarbonisation across different world regions.

France commits 200 million Euros loan for India to scale up Government’s existing response

• France has signed a loan agreement of 200-million-euros with India to boost India’s C-19 response. With the loan agreement, France aims to increase the state and central governments’ capacities to support India’s most vulnerable people in the wake of the C-19 crisis.

• World Bank has developed the programme design in collaboration with the Indian authorities to optimize and expand the existing social protection measures taken by India.

Emergency funds granted to Indian armed forces amid Indo-China clash

• Central government has granted emergency funds to all the three armed services to acquire arms and ammunition amid the border standoff at Indo-China border.

• The funds of Rs 500 crore are granted for per procurement project. Moreover, special financial powers have been granted to armed forces for procurement of weapons and military equipment.

Obituary

Rajinder Goel, highest wicket-taker in Ranji Trophy, passes away at 77

• The legendary first-class cricketer player, Rajinder Goel, who holds the record for most wickets in the history of Ranji Trophy, has passed away due to age related issues. He was 77.

• In all, the left-arm spinner took 750 wickets, in 157 first-class matches which he played.

Major General (Retd) Lachhman Singh Lehl passes away

• Major General (Retd) Lachhman Singh Lehl passed away. He was one of India’s finest military brains and one of its last surviving officers to have taken part in both the 1948 and 1971 wars.

• He was commissioned in the Regiment of Artillery in 1943.

Appointments and Resignations

World Athletics appoints Laurent Boquillet as new Head of Global Development

• World Athletics on June 22 announced that Laurent Boquillet has been appointed as the Head of Global Development. World Athletics mentioned that the global search to fill out the new position was conducted in January 2020.

• The new position of Head of Global Development supports the body’s vision which is ‘to use the power and accessibility of athletics and our athletes to create a healthier and fitter world.

• Laurent Boquillet spent his entire career in athletics, in a diverse range of roles and most recently as the CEO of the European Athletics Championships Paris 2020.

Nirakar Pradhan becomes new chief of PRMIA

• Dr Nirakar Pradhan has appointed as new as the Chief Executive Officer of the Professional Risk Managers’ International Association (PRMIA) of its new India office.

• Pradhan has led teams at State Bank of India and Generali Group in India and Europe.

Ranking

India becomes 12th largest US govt securities holder

•  India has become the 12th largest holder of US government securities at the end of April 2020 with a holding worth USD 157.4 billion. The US Treasury Department data showed that after significantly reducing the exposure in March to USD 156.5 billion, India marginally hiked the holding by USD 0.9 billion to USD 157.4 billion the next month.

•  While India’s holding touched a record high of USD 177.5 billion in February, the same was drastically reduced in March. The exposure had stood at USD 164.3 billion in January. At the end of April, Japan remained the country with the maximum exposure at USD 1.27 trillion, followed by China at USD 1.1 trillion and the UK at USD 368.5 billion.

Days

International Widows’ Day

• International Widows Day is observed globally on 23rd June every year. The day is widely known to draw attention to the voices and experiences of widows and to galvanize the unique support that they have.

• Several women around the world after losing her life partner faces challenges and do long-term struggle for basic needs, their human right and dignity.

World Hydrography Day

• World Hydrography Day is observed globally on 21st June every year. This day was adopted by the International Hydrographic Organization (IHO) as an annual celebration to publicise the work of hydrographers and the importance of hydrography.

• World Hydrography Day 2020 theme is “Hydrography enabling autonomous technologies”.

Read More
Read Less