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Monday, July 20, 2020

Daily GK Updates - 20th July, 2020

 

NATIONAL UPDATES:

 

1. Union Health Minister launches Plasma Donation Campaign at AIIMS Delhi: Union Health Minister Harsh Vardhan has launched Plasma Donation Campaign at AIIMS Delhi. The campaign is an initiative of Delhi Police where 26 police personnel who had recovered from COVID volunteered to donate their blood plasma. It has the objective to encourage people to come forward to donate plasma to be used for the COVID-19 patients’ treatment. Plasma from recovered COVID-19 patients contains protective antibodies that can provide immunity to patients of Covid-19

 

2. India Business Council to host India Ideas Summit 2020: India Business Council will host the 45th India Ideas Summit 2020 on July 22nd. The Summit convenes business and government leaders for discussions on the future of the U.S.-India Partnership and the trends shaping globalization, trade and investment, and the future of work in the COVID-era and beyond. This year’s focus is on “Building a Better Future”. The Summit will feature a high-powered lineup of both public and private sector speakers. Prime Minister Narendra Modi and U.S. Secretary of State Mike Pompeo will deliver the keynote addresses. Among others, External Affairs Minister S. Jaishankar will address the summit.

 

3. All capitals cities of North-Eastern states to be connected with rail network by 2023: The Railway Board Chairman VK Yadav has announced that Indian Railways has set the target to connect the capital cities of all the North-Eastern states of India to the rail network by 2023. In the present time, except Sikkim, all North-Eastern states have connectivity to the rail network. The capitals of Assam, Tripura and Arunachal Pradesh are already connected to the railway network. The capital connectivity work is in progress in Manipur, Mizoram, Nagaland and Meghalaya. Manipur will be connected in March 2022, Mizoram in March 2023, Nagaland in March 2023, Meghalaya in March 2022 and Sikkim in December 2022. These rail connectivity projects have been railway’s top agenda during the last five years.

 

4. Andhra Pradesh Renewable Energy Export Policy, 2020: The Andhra Pradesh government has announced Andhra Pradesh Renewable Energy Export Policy, 2020, for export of energy to other states. Under this policy, the state government shall set up Renewable Energy Power Projects of 120 gigawatts (GWs) in the state. The power generated from these projects shall be exported outside the state. The Policy will be applicable to solar, wind as well as wind-solar hybrid projects. The Government will be leasing 5 lakh acres of potential land in Andhra Pradesh to renewable energy export project developers for this purpose. The new policy will help to attract private investments to the State and improve local economy, by generating additional revenue to the State Government. The New and Renewable Energy Development Corporation of A.P. Ltd (NREDCAP) shall act as a Nodal Agency under this new policy. The policy shall come into operation with effect from date of issuance and shall remain in force for five years.

 

5. UP CM Yogi Adityanath launches employment scheme ‘Navin Rojgar Chhatri Yojana’ for ST/SC: Uttar Pradesh Chief Minister Yogi Adityanath has launched a new employment scheme called ‘Navin Rojgar Chhatri Yojana’ to provide employment to the Scheduled Castes (SC)/Scheduled Tribes (ST) families. This initiative is part of the government to achieve economic equality and social equality of all the sections of the society. The government has set the target of benefitting 7.5 lakh families under the the Umbrella scheme in 2020-2021. So far funds have been transferred to 1,77,491 beneficiaries.

Note: Chief Minister of Uttar Pradesh: Yogi Aditya Nath; Governor: Anandiben Patel.

 

6. IIM-K’s start-up develops a wearable device, Veli Band, to monitor social distancing: With the COVID-19 graph continuing its spike, a startup, incubated at the Indian Institute of Management Kozhikode (IIM-K), has developed a wearable hand band that helps in maintaining social distancing by sending out alarm in case of proximity with another person. Known as the Veli Band, the device has been developed by Qual5 India Pvt.Ltd, a startup co-founded by a woman entrepreneur, mentored and funded by IIMKs business incubator and entrepreneurship development centre. The Veli band momentarily vibrates, plays a sound-alert, and flashes LED simultaneously, to notify the wearers that another band is within three feet, reminding them to maintain social distance.

 

7. CSIR-CMERI rolls out COVID Protection System (COPS) for Workplace: Council of Scientific & Industrial Research (CSIR)-Central Mechanical Engineering Research Institute (CMERI), Durgapur has unveiled COVID Protection System (COPS) for Workplace. It has solar Based Intelligent Mask Automated Dispensing Unit cum Thermal Scanner that identifies the body temperature, Face Mask; Touchless Faucet (TouF); 360° Car Flusher. CSIR-CMERI will develop Digital Entry Management Systems in which the workflow will be automated using AI and IoT.

 

INTERNATIONAL UPDATES:

 

1. United Arab Emirates launches “Hope” mission to Mars: A mission titled as “Hope” has been launched to Mars by the United Arab Emirates. With this mission, UAE aims to provide a complete picture of the Martian atmosphere for the first time, studying daily and seasonal changes. An unmanned “Hope” Probe blasted off from Japan’s Tanegashima Space Center at 1:58 a.m. (UAE time) for a seven-month journey to the red planet and is expected to enter Mars orbit by February 2021, which also marks the 50th anniversary of the unification of the UAE, an alliance of seven emirates. The journey of “Hope” would be tracked by the Mohammed Bin Rashid Space Centre (MBRSC) in Dubai. The Hope probe constitutes three different instruments namely an imager and two spectrometers. The “Imager” will facilitate detailed images of the planet’s surface while all three will provide data to the scientists in order to track what ingredients are located where in the atmosphere of Mars. The probe will not land on the Red Planet, but instead orbit it for a whole Martian year i.e. for 687 days. The “Hope” mission to Mars, also called Emirates Mars Mission costed $200 million and is UAE’s first foray into interplanetary exploration.

Note: President of UAE: Sheikh Khalifa bin Zayed Al Nahyan; Capital of UAE: Abu Dhabi; Currency: United Arab Emirates dirham.

 

2. 3rd G20 Finance Ministers and Central Bank Governors Meet held: The 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting was held under the Saudi Arabian Presidency. India was represented by Union Minister for Finance & Corporate Affairs Nirmala Sitharaman in the meeting. During the meet, the participants deliberated on the global economic outlook amid evolving COVID-19 pandemic crisis along with other G20 Finance Track priorities for the year 2020. During the Finance Ministers and Central Bank Governors meet, Nirmala Sitharaman highlighted the measures taken by India to fight the COVID-19 pandemic such as direct benefit transfers, special support to agriculture and MSME sectors, rural employment guarantee measures etc. G20 is the premier forum of 19 countries and European Union for economic cooperation.

 

3. International Chess Day: 20th July: The International Chess Day is celebrated annually on July 20, since 1966, to celebrate one of the most ancient and most popular games in history that promotes fairness, equality, mutual respect and understanding among nations. It was on this day that the International Chess Federation (FIDE) was founded, in 1924. The idea to celebrate the day as the international chess day was proposed by UNESCO. FIDE’s motto for 2020 celebrations is, “Teach someone how to play chess.” The International Chess Federation and the United Nations will be organizing online event this year called ‘Chess for Recovering Better’ due to the pandemic. The online event will be participated by, FIDE President Arkady Dvorkovich, GM Viswanathan Anand, GM Vladimir Kramnik, GM Levon Aronian, and GM Hou Yifan.

Note: President of International Chess Federation (FIDE): Arkady Dvorkovich.

 

OTHER UPDATES:

 

SPORTS

 

1. Germany footballer Andre Schurrle announces retirement: Germany forward player Andre Schurrle (29 years) has announced retirement from football. He helped Germany to win the 2014 FIFA World Cup. Andre Schurrle represented Germany in 57 matches and scored around 22 goals. He began his career at Mainz 05 in 2009. He also played for Chelsea from 2013 to 2015 and won Premier League winners medal in 2015. During extra-time in the 2014 FIFA World Cup Final he provided assist for Mario Götze's winning goal against Argentina.

 

BANKING AND FINANCE

 

11. Shyam Srinivasan re-appointed as MD & CEO of Federal Bank: Reserve Bank of India (RBI) has approved the reappointment of Shyam Srinivasan as the Chief Executive Officer and Managing Director of Federal Bank. His term is extended till September 22, 2021 which was about to end in September 2020. He took charges of MD and CEO of the bank in 2010. He has more than 30 years expertise in retail lending, wealth management and SME banking.

 

2. PSBs buy NBFC Bonds/CPs worth Rs 14,667 cr under extended PCGS: Finance Minister Nirmala Sitharaman has said that the Partial Credit Guarantee Scheme, PCGS was revamped under the Aatmanirbhar Bharat Package to support the liability side of Non Banking Financial Companies, NBFCs. It provides a 20 per cent portfolio guarantee to Public Sector Banks for the purchase of Bonds or Commercial Papers rated AA and below which are issued by NBFCs. Under the extended PCGS, Public Sector Banks have approved the purchase Bonds or Commercial Papers issued by 67 NBFCs amounting to 14 thousand 6 hundred 67 crore rupees. Of these 6 thousand 8 hundred 45 crore rupees is for Bonds or Commercial Papers rated below AA, providing liquidity support to NBFCs with lower rated Bonds or Commercial Papers.

 

BUSINESS AND ECONOMY

 

1. SAP appoints Kulmeet Bawa as new India MD: German software company SAP has appointed Kulmeet Bawa as president and managing director for its Indian operations from this month.  He replaces the incumbent Deb Deep Sengupta who will take up a new assignment within the organization. Bawa will also guide businesses in Bangladesh and Sri Lanka apart from India to adopt a digital-first mindset and will report to Scott Russell, President of SAP Asia Pacific Japan (APJ).

 

DEFENSE

 

1. Indian Navy conducted Passex exercise with US: Indian Navy has conducted passing exercises ‘Passex' with US Navy in the Indian Ocean region. It was conducted by Indian Navy ships Rana, Sahyadri, Shivalik and Kamorta together with USS Nimitz (CVN 68), USS Princeton (CG 59), USS Sterett (DDG 104) and USS Ralph Johnson (DDG 114). USS Nimitz is a nuclear-powered aircraft carrier. It will be deployed in Gulf region from South China Sea. Indian Navy had also conducted similar joint exercises with Japan and France recently.

 

OBITUARIES

 

1. Filmmaker Rajat Mukherjee passes away: Bollywood director Rajat Mukherjee passes away in Jaipur due to kidney-related issues. He is known for directing films like Urmila Matondkar, Fardeen Khan and Sonali Kulkarni-starrer Pyaar Tune Kya Kiya (2001), Love in Nepal (2004), Vivek Oberoi and Antara Mali starrer Road (2002), etc. Rajat Mukherjee also directed a crime drama TV series called Ishq Kills. His last directed movie was Umeed (2017).

 

2. Veteran Odia Actor Bijay Mohanty passes away: Odia actor Bijay Mohanty (70 years) passes away. He started his career in Oriya film industry with Chilika Tire which won the National Award in 1977. He is most famous for negative roles in films including Samay Bada Balaban, Naga Phasa, Sahari Bagha, Danda Balunga and Chaka Bhaunri.  He also directed the movie Bhuli Huena. He also worked in TV serials of Doordarshan. He also contested for the Bhubaneswar Lok Sabha seat in 2014 general election.

  

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