Current Affairs

20 January, 2020

International

10th World Future Energy Summit 2020 held in Abu dhabi, UAE; CLIX sustainability summit held

Recently the 10th edition of World Future Energy Summit (WFES)2020 hosted by Masdar renewable energy company, was held at Abu Dhabi National Exhibition Centre in Abu Dhabi, United Arab Emirates(UAE) from January 13-16, 2020. The theme for the year 2020 was “Rethinking Global Consumption, Production, and Investment”.
3rd Climate Innovations Exchange:
Alongside the World Future Energy Summit, 3rd edition of the Climate Innovations Exchange, ‘CLIX’ in short and the Future Sustainability Summit was also held in Abu Dhabi. The event showcased innovative ideas related to energy, food, agriculture and sustainability in space
About United Arab Emirates(UAE):
Capital- Abu Dhabi.
Currency- UAE dirham.
Largest city- Dubai.
President- Khalifa bin Zayed Al Nahyan.
Prime Minister- Mohammed bin Rashid Al Maktoum.

National

5th edition of Science Film festival 2020 held in Panaji, Goa

The 5th edition of the Science Film Festival of India, SCI- FFI 2020 held at Inox Complex and Maquinez Palace in Panaji, Goa. It was a 4-day long festival which was held from January 15-18, 2020 and was inaugurated by Chief Minister of Goa Dr. Paramod Sawant. The aim of the festival was to instill knowledge of science among youth of the country.
About Goa:
Formation- 30 May 1987.
Chief minister- Pramod Sawant.
Capital- Panaji.
Governor- Satya Pal Malik.

Govt allocates Rs 2379 crore for completing Z Morh tunnel in J&K

A concession agreement was signed in New Delhi for completing the Z-Morh tunnel in the Union Territory (UT) of Jammu and Kashmir(J&K). Under the agreement Rs.2379 crore has been allocated to complete the construction of the tunnel within 3.5 years.
Pact signing: The agreement between National Highways & Infrastructure Development Corporation Limited (NHIDCL) and APCO Amarnathji Tunnelway Pvt Ltd was signed in presence of Minister of State(MoS) for Road Transport and Highways Gen (Retd) Vijay Kumar Singh and Secretary of Road Transport & Highways Shri Sanjiv Ranjan.

Bahadurpur and Kheri Viran to become India’s first model sports villages

Two villages namely Bahadurpur and Kheri Veran of Uttar Pradesh (UP) has set to become India’s first ‘Model Sports villages’ as a part of Institute of Management Technology (IMT) Ghaziabad, UP ‘Adarsh Khel Gram’ program in association with NGO(Non Governmental Organization)‘ Sports: A Way of Life’ to evolve sports culture and increase sports literacy in the country.
About UttarPradesh:
Capital- Lucknow
Chief Minister(CM)- Yogi Adityanth
Governor- Anandiben Patel

1st Session of India-Norway Dialogue on Trade & Investment Held in New Delhi

The 1st ever session of the India-Norway dialogue on Trade & Investment (DTI) was held from January 15-16 in New Delhi. The session was conducted based on the Terms of Reference (ToR) which was signed by India and Norway on 8th January 2019 in New Delhi at time of Norway Prime Minister Erna Solberg’s visit to India.
About Norway:
Capital- Oslo (also the largest city)
Currency- Norwegian krone.
Prime Minister- Erna Solberg.

Commemorative stamp of former footballer Padma Shri Chuni Goswami released by Indian Postal Department

The Indian Postal Department has released a commemorative stamp of legendary Indian footballer Chuni Goswami on his 82nd birthday at his residence in Kolkata, West Bengal. Chuni Goswami led the Indian team to win a gold medal in the 1962 Asian Games held in bangkok, Thailand. He is only the 3rd Indian footballer on whose name a commemorative postal stamp has been released.

DV Sadananda launched HURL’s brand “APNA UREA-Sona Ugle” & unveiled company logo in New Delhi

The Union Minister of Chemicals & Fertilizers (MoC&F) Shri Devaragunda Venkappa Sadananda Gowda launched “APNA UREA – SonaUgle” brand of Hindustan Urvarak & Rasayan Limited (HURL) and also the company’s logo at an event in New Delhi.
Fertilizer plants revival:
HURL: It is a Joint venture(JV) company 3 Maharatna companies as its lead promoters which are Coal India Limited (CIL), NTPC Limited (NTPC) and Indian Oil Corporation Limited (IOCL) and Fertilizer Corporation of India Ltd (FCIL) & Hindustan Fertilizer Corporation Limited (HFCL) as other two partners.

Indian Army conducted airborne exercise ‘Winged Raider’ involving Special Forces troops

The Indian Army(IA) conducted its biggest airborne exercise ‘Winged Raider’. The exercise comprised of more than 500 soldiers of Special Forces troops in the northeastern theatre and involved all kinds of air transport platforms of the Indian Air Force (IAF). The name Winged Raider was chosen due to its multidimensional nature of the exercise and demonstrated the operational readiness of paratroopers.
About Indian Army(IA):
Founded- 1 April 1895.
Headquarters- New Delhi.
Motto- “Service Before Self”.
Commander-in-Chief- President Ram Nath Kovind.
Chief of Army Staff(COAS)- Manoj Mukund Naravane.

Economy

UN slashes India’s GDP growth to 5.7% from 7.6% for FY 2019-20

According to the ‘World Economic Situation and Prospects (WESP) 2020’ report released by the United Nations (UN), it has slashed India’s GDP (Gross Domestic Product) growth forecast for the year 2019-20 by 1.9% to 5.7%. Earlier in 2019, it had projected GDP growth rate of 7.6% for FY 2019-20.

It has lowered the India’s growth rate to be 6% in the next financial year-FY 2020-21 from 7.4 % earlier. It has also estimate a growth rate of 6.3 % for the fiscal beginning in 2021,while the growth rate was 6.8% in FY 2018-19.

Digital payments body NPCI launches blockchain-based ‘Vajra platform’ to make payments fast & secure

National Payments Corporation of India (NPCI),an umbrella organisation for operating retail payments has launched blockchain technology based “Vajra Platform” to make payments fast & secure.

Vajra: The new platform Vajra, which is based on the Distributed Ledger Technology (DLT),has been designed with the aim to offer automatic clearing and settlement of payments on NPCI products such as unified payments interface (UPI) and Rupay card & will significantly reduce the need for manual reconciliation.
It uses a permissions model in order to ensure that only approved parties are a part of the network.

RBI tightens norms for debit, credit card issuance & usage to improve security

In view of the increasing cases of cyber fraud, India’s central bank, the Reserve Bank of India (RBI) has framed new rules under “Enhancing Security of Card Transactions” to further protect debit, credit card transactions. These directions are issued under Section 10(2) of the Payment and Settlement Systems Act, 2007 (Act 51 of 2007) & will come into effect from 16 March,2020.

Facility to switch on, off cards: Under this, now transactions at ATMs(Automated Teller Machine) and PoS (Point of Sale) will be done through domestic cards. In addition, RBI directed banks and other card issuing companies to allow their customers to switch on and off their debit and credit cards.

The RBI also directed that all physical or virtual cards be enabled to be used only at contact based point of use (ATM and PoS) at the time of issue or re-issue.

Sports

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Miscellaneous

Road transport minister Gadkari presents National highway excellence awards 2019 in New Delhi

Nitin Jairam Gadkari ,the Union Minister for Road Transport & Highways and MSMEs (Micro, Small and Medium Enterprises), has presented the National Highways (NH) Excellence Awards 2019 to honor the 12 best performers in NH sectoron in New Delhi.

Singer Suman & music director Kuldeep Singh to get MP’s Mangeshkar Award for 2017 & 2018 respectively

Noted Indian singer Suman Kalyanpur was chosen for the 2017 National Lata Mangeshkar Award of the state govt. of Madhya Pradesh(MP) while Indian Music composer Kuldeep Singh has been chosen for the same Mangeshkar award for the year 2018. They have been chosen for this award for their contribution in the field of music and will be awarded in February 2020 at an event in Indore, Madhya Pradesh.
About Madhya Pradesh:
Capital- Bhopal.
Governor- Lalji Tandon.
Chief minister- Kamal Nath.
National Parks(NP)- Kanha NP,Bandhavgarh NP, Madhav NP, Sanjay NP, Van Vihar NP, Panna NP, Satpura NP, Pench NP, Mandla Plant Fossils NP.

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