Current Affairs

3 December, 2019

International

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National

For the 1st time, Vizag (Andhra Pradesh) to host 14th Global healthcare summit in 2021

The American Association of Physicians of Indian Origin (AAPI), a professional association for Indian American physicians, is set to organize a 3-days long 14th Global Healthcare Summit (GHS) in Visakhapatnam,Andhra Pradesh(AP) from January 3, 2021 for the 1st time.
About American Association of Physicians of Indian Origin (AAPI):
Founded– 1984
Headquarters– Oak Brook, Illinois,US
President– Sudhakar Jonnalagadda (for 2020-21)

Pragati Maidan metro station renamed as Supreme Court metro station

The Delhi Government’s renaming committee has renamed Pragati Maidan metro station as Supreme Court metro station. The demand was made by the Supreme court in September 2019.
About Vikram Batra:
Captain Vikram Batra was an officer of The Indian Army who died while fighting Pakistani troops kargil war in 1999, was awarded India’s highest and most prestigious award “Param Vir Chakra”, for his actions during the war.
About Delhi:
Chief Minister– Arivind Kejiriwal (AAP)
Deputy Chief Minister– Manish Sisodia
Lt. Governor– Anil Baijal, IAS

Centre sets up 7-member GoM led by Rajnath singh to review crop insurance scheme-PMFBY

The central Government has formed a 7-member group of ministers (GoM) headed by Defense Minister Rajnath Singh to review the crop insurance scheme ,“Pradhan Mantri Fasal Bima Yojana (PMFBY)” & make suggestions to improve it according to the needs of the farmers.

Government creates new Department of military affairs headed by Bipin Rawat

The government has created a new ‘Department of Military affairs (DMA)’ in the Ministry of Defence (MoD) to be headed by Chief of Defence Staff (CDS) General Bipin Rawat. The new department works for the unity of the three forces Army, Navy and Air Force and will also monitor the services except for capital acquisitions according to prevalent rules and procedures. The DMA is the 5th department in the Ministry of Defence (MoD) and was created after a change in Government of India (Allocation of Business), Rules 1961.
Static GK:
Chief of Army Staff- Manoj Mukund Naravane.
Chief of the Naval Staff- Admiral Karambir Singh.
Chief of the Air Staff – Rakesh Kumar Singh Bhadauria.

Kerala became 1st State to pass resolution against citizenship Amendment Act

The state govt. of Kerala became the 1st state in the country to pass a resolution scrapping the Citizenship Amendment Act, 2019 (CAA). The resolution was moved by Kerala’s Chief Minister Shri Pinarayee Vijayan and was seconded by the Leader of Opposition Ramesh Chennithala.
About Kerala:
Chief Minister- Pinarayi Vijayan.
Governor- Arif Mohammad Khan.
Capital- Thiruvananthapuram.
Rivers- Cheruthoni river, Bharathapuzha river, Pamba river, Chalakudy river, Parambikulam river.

2019-2025 National Infrastructure Pipeline report: Rs 102 lakh crore infrastructure plan unveiled

On December 31, 2019 the union Minister of Finance Smt. Nirmala Sitharaman released a report of the task force on National Infrastructure Pipeline for 2019-2025 (NIP 2019-25) inorder to achieve the $5 trillion economy by 2024-25 . Based on the information compiled by the task force headed by Economic Affairs Secretary Atanu Chakraborty, Rs 102 lakh crores has been projected on the capital expenditure in infrastructure sectors in India during the fiscals 2020 to 2025.  The capital expenditure will be shared by the Centre, States and the private sector in the ratio 39:39:22 respectively. The report in detail are as follows:

102 lakh crore project: Out of the Rs 102 lakh crore project, Rs 42.7 lakh crore (42%) worth projects are under implementation while projects worth Rs 32.7 lakh crore (32%) are in conceptualization stage and rest are under development.

5th Swachh Survekshan League 2020: Indore tops ranking among cities having 10lac+ population

The union minister of State (MoS- Independent Charge) Housing and Urban Affairs(MoHUA) Shri Hardeep Singh Puri,has announced the results of Swachh Survekshan League 2020 (Quarter 1 and Quarter 2) at an event in New Delhi. During the event, the 5th edition of the Swachh Survekshan 2020 (urban cleanliness survey), which is to commence from 4 January 2020 by MoHUA was also rolled out.

The SS League 2020 is conducted in 3 quarters i.e., April-June, July-September and October-December 2019 with 2000 marks for each quarter.

Economy

CAD slips to 0.9% of GDP in July-Sept 2019 from 2.9% :RBI

According to the report “Developments in India’s Balance of Payments during the Second Quarter (July-September) of 2019-20” released by the Reserve Bank of India (RBI), India’s current account deficit (CAD) decreased to 0.9 % of gross domestic product (GDP) or $6.3 billion in July-September 2019 quarter due to the economic slowdown that helped the country improve its export and import balance sheet.
It was 2.9 % of GDP or $19 billion in the corresponding quarter of 2018-19.

Small savings schemes interest rates unchanged for Jan-Mar quarter of FY 2019-20:Fin Min

The Union Finance Ministry, Government of India (GoI), has not made any changes in the interest rates on its small savings schemes (SSS) of the post office for the fourth quarter of the financial year(FY)  2019-20 starting from January 1, 2020- March 31, 2020 due to softening in the bank deposit rate.
Current Interest Rates of Small Savings Schemes:

Small Savings Scheme Annual Interest Rate
Public Provident Fund (PPF) 7.9%
National Savings Certificate (NSC) 7.9%
Kisan Vikas Patra (KVP) 7.6%  (113 months maturity)
Sukanya Samriddhi Account 8.4%
5-year Senior Citizens Savings Scheme 8.6%
Savings Deposit 4.0%
Term Deposits (1-5 year maturity) 6.9 %-7.7 %
5-year Recurring Deposit 7.2%

RBI governor launched MANI app for visually challenged to identify currency notes

The 25th Governor of the Reserve Bank of India (RBI) Shri Shaktikanta Das launched a mobile app named “MANI” (Mobile Aided Note Identifier) that would help visually impaired people to identify denomination of currency notes correctly.

The currency notes will be scanned using a mobile phone’s camera.

The most interesting feature of the app is that it can also be used offline after installation.

Sports

India women’s hockey player Sunita Lakra announces her retirement due to knee injury breakdown

Indian women’s hockey team defender Sunita Lakra aged 28, who was part of the 2018 Asian Games silver-winning side, announced her international retirement, citing a knee injury. However, she will continue to represent domestic hockey and NALCO (National Aluminium Company Limited), Odisha.
About sports ministry:
Headquarters- New Delhi.
Minister of State(MoS-Independent charge)- Kiren Rijiju.

Miscellaneous

IAF chief formally inducted Dornier 228 aircraft into No. 41 Squadron in New Delhi

Indian Air Force Chief Rakesh Kumar Singh Bhadauria formally inducted the light utility aircraft Flight Inspection System (FIS) Dornier 228 into the No. 41 ‘Otters’ Squadron at a ceremony at the Palam Air Force Station in New Delhi.
About Dornier-228 aircraft:
The Do-228 is a twin-engine, multirole light transport aircraft, capable of transporting up to 19 passengers or various cargoes, jointly designed and developed by Indian aircraft manufacturer Hindustan Aeronautics Limited (HAL) and RUAG Aerospace, Germany. It is derived from a Dornier Do-28 aircraft and can climb at the rate of 9.5m/s.
The Do-228 has six variant models – Do-228-100, Do-228-101, Do-228-200, Do-228-201, Do-228-202 and Do-228-212. Around 270 Do-228s were built and 127 of them are in service worldwide, including the Indian Air Force and the Royal Netherlands Air Force.

HDFC gets requisite approval to hold a 51.2% stake in Apollo Munich Health Insurance Company

HDFC (Housing Development Financial Corporation) has received its requisite approvals from Competition Commission of India (CCI), Reserve Bank of India (RBI) and Insurance Regulatory and Development Authority of India (IRDAI) to acquire 51.2% stake in Apollo Munich Health Insurance Company from Apollo Hospitals Enterprise Limited (AHEL) and other shareholders. After the acquisition, Apollo Munich will be merged with and into HDFC Ergo, subject to approval from the Mumbai bench of National Company Law Tribunal. IRDAI granted approval under Section 6A of the Insurance Act, 1938.
About HDFC:
CEO- Aditya Puri
Headquarters- Mumbai
About Apollo Munich Health Insurance Company:
CEO- Antony Jacob
Headquarters- Gurugram
About Competition Commission of India:
Chairman- Ashok Kumar Gupta
Headquarters- New Delhi
About RBI:
Governor- Shaktikanta Das
Headquarters- Mumbai
About IRDAI:
Chairperson- Subhash Chandra Khuntia
Headquarters- Hyderabad

S Sundar appointed as interim MD&CEO and additional director of Lakshmi Vilas Bank

The Board of directors of Lakshmi Vilas Bank has appointed S Sundar as interim Managing Director and Chief Executive Officer (CEO) of Lakshmi Vilas Bank (LVB) with effect from January 1, 2020. The bank’s MD and CEO, Parthasarathi Mukherjee resigned from his post on August, 2019 and the post was left vacant. He has also appointed as the additional director of the bank.
About LVB:
Non-Executive Chairman- B K Manjunath
Headquarters- Chennai; Tagline– The changing face of prosperity

Deputy Election Commissioner Umesh Sinha gets 1 year extension

The Ministry of Personnel, Public Grievances and Pensions has notified that Mr.Umesh Sinha has been re-employed as the Deputy Election Commissioner (DEC) after the approval by the Appointments Committe of the cabinet (ACC) headed by Prime Minister Shri Narendra Modi on a contract basis for one year with effect from January 1, 2020 up to December 31, 2020.
About Election Commission(EC):
Headquarters- New Delhi.
Chief Election Commissioner (CEC)- Sunil Arora .
First Executive- Sukumar Sen.
Preceding Executive- Om Prakash Rawat.
Formed- 25 January 1950.

18-years-old Malavath Poorna from Telangana scaled Mt Vinson Massif, the highest mountain peak in Antarctica at 4,892 meters and becomes the first and youngest tribal women in the World to scale six mountain peaks in six continents.

Vinod Kumar Yadav has been given a one-year extension as the Chairman of the Railway Board by the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Shri Narendra Modi. He succeeded Ashwani Lohani as the chairman of the railway board (retired in December 2018). Priorly, VK Yadav held the post of the General Manager (GM) of South Central Railway (SCR).
About Railway Ministry:
Union minister- Piyush Goyal.
Ministers of State(MoS)- Suresh Angadi.
Headquarters- New Delhi.
Founded- 16 April 1853.
Divisions- 73.
Zones- 17.

Telangana’s mountaineer Malavath Poorna: 1st and youngest tribal women in the World to scale 6 mountain peaks in 6 continents

18-years-old Malavath Poorna from Telangana scaled Mt Vinson Massif, the highest mountain peak in Antarctica at 4,892 meters and becomes the first and youngest tribal women in the World to scale six mountain peaks in six continents.

Piyuus jaiswal wins Global Bihar excellence award 2019

Piyuus Jaiswal has been awarded the Global Bihar Excellence Award 2019 by Rajya Sabha MP (member of parliament) and Padma Shri Awardee Dr CP Thakur & Bihar Women Commission president Dilmani Devi in Patna, Bihar for his invaluable and outstanding contribution towards social welfare, women empowerment and introducing new talent in the field of arts and culture.

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