Current Affairs

5 January, 2020

International

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National

India and Pakistan exchanged list of Nuclear Installations in their countries

India and Pakistan exchanged lists of nuclear installations. The 2 countries have agreed to not be targeted incase of hostilities in continuation of the 3 decade old tradition. The exchanges were shared through diplomatic channels simultaneously at New Delhi and Islamabad (Pakistan).The other events in brief are as follows:

Nuclear installation list Pact: The nuclear installation exchange was done under the terms of the under the agreement on prohibition of attack against nuclear installations between India and Pakistan that came into force on January 27, 1991.

1st of-its kind turtle rehab centre comes up in Bihar

A 1st of its kind rehabilitation centre for freshwater turtles is to be inaugurated in January 2020 in the Bhagalpur forest division of Bihar. This centre spread over half a hectare will be able to shelter 500 turtles at a time. The centre will also treat turtles that are sick, severely injured or smuggled, and then be returned safely into its natural habitat.
About Bihar:
Capital- Patna.
Chief Minister- Nitish Kumar.
Governor- Phagu Chauhan.
National parks- Valmiki National park.

Overview of PM Modi’s 2-day visit to Karnataka

The Prime Minister of India Shri Narendra Modi paid a 2 day visit to the state of Karnataka from January 2-3, 2019 to attend events in Tumakuru and Bengaluru cities of the state. He arrived at the yelahanka air base. The visit in detail are as follows:

PM Shri Modi released the 3rd installment of PM Kisan scheme i.e., Pradhan Mantri Kisan Samman Nidhi Yojana of Rs.2000 for the December2019- March 2020 period.

NEST division is formed by Ministry of External Affairs

The Ministry of External Affairs (MEA) has set up a New, Emerging and Strategic Technologies (NEST) division which helps to deal with new and emerging technologies. NEST helps to partner with 5G and artificial intelligence areas of other countries.
About NEST:
i.Under NEST, central government allows data sharing of various network makers in which Huawei shares its customer details with Chinese government under 5G trails.
ii.This division acts as the intermediate agency within the Ministry for issues pertaining to new and emerging technologies.
iii.It Create’s HR capacity within MEA for technology diplomacy.
iv.NEST also negotiates “technology governance rules, standards and architecture” in multilateral frameworks.
v.India’s national security goal and developmental priorities will also be aligned with this policy.
About MEA:
External Affairs Minister of India- Subrahmanyam Jaishankar (Constituency- Gujarat)
House- Rajya Sabha

KVIC’s 1st Silk Processing Plant opens in Gujarat to boost Patola Saree production

Khadi and Village Industries Commission (KVIC) opened its first Silk Processing Plant in Surendranagar district of Gujarat to increase the production of Gujarat Patola Sarees. The Plant was set up at a cost of Rs 75 lakh by Khadi institution where RS 60 lakh was contributed by KVIC. Patola Sarees are the trademark of Gujarat.
About KVIC:
Chairman- V K Saxena
Headquarters- Mumbai
About Gujarat:
Chief Minister- Vijay Rupani
Governor- Acharya Devvrat
State Animal- Asiatic lion
State Bird- Greater flamingo
State Tree- Banyan
State Flower- Marigold

Department of Heavy Industries sanctioned 2636 EV charging stations across the country

The Department of Heavy Industries had sanctioned 2636 EV (Electric Vehicles) charging stations in 62 cities across 24 State/UTs under FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme phase II to clean the mobility in Road Transport Sector. It aims to increase the electric vehicle users and also encourage Original Equipment Manufacturer’s (OEM) to launch new electric models.
About EV charging stations:

Economy

India’s foreign exchange reserve touches a record level of $457.46 bn: RBI

According to the “ Bulletin Weekly Statistical Supplement – Extract” released by the Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserves rose by $ 2.520 billion to a record $ 457.468 billion during the week ended 27 December,2019.
During the previous week,Forex reserves had increased by $ 456 million to $ 454.948 billion .
Foreign exchange reserves:
These are assets held on reserve by RBI in foreign currencies. These reserves are used to back liabilities and influence monetary policy. It includes any foreign money held by a central bank, such as the U.S. Federal Reserve Bank.

CSC signed pact with Paytm Payments Bank for sale of FASTags

CSC e-Governance services India ltd has signed a Memorandum of Understanding (MoU) with Paytm Payments Bank ltd (PPBL) for selling FASTags. Through this MoU, FASTags will be sold through the last mile network of 3.6 lakh CSCs (Common Service Centres). This will help in enhancing govt’s vision of cashless and smoot transit at toll plazas in the country. CSC will integrate its platform with PPBL to carry out the transactions. Village level entrepreneurs will be trained on conducting online sales which are cashless and paperless.

CSCs have been providing FASTag services since 2 years. It initially partnered with Equitas bank in September 2017 and later with State Bank of India (SBI) and HDFC (Housing Development Finance Corporation) bank.

RevFin partners with PNB MetLife to provide life insurance to its customers

India’s leading Digital lending startup, RevFin has joined hands with PNB MetLife India Insurance Company to offer protection to the RevFin’s customers by bundling life insurance cover on their loans. This insurance covers loans up to ₹3 lakh for a period of 3 years.
About RevFin:
Formation– 16 March 2018
Headquarters– NewDelhi
CEO– Sameer Aggarwal
About PNB MetLife India Insurance Company:
Founded– 2001
Headquarters– Mumbai, Maharashtra
MD& CEO– Ashish Kumar Srivastava
It has as its shareholders MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and other private investors.

Exim Bank grants $75 mn line of credit to Cuba for solar parks

Export-Import (Exim)Bank, the premier export finance institution of India has given a $75 million (over Rs 500 crore) line of credit (LoC, a soft loan / loan with low interest rate) to Cuba for financing 75 MW (megawatt) Photovoltaic Solar Parks.
About Exim Bank:
Founded– 1 January 1982
Headquarters– Mumbai, Maharashtra
Managing Director- David Rasquinha
About Cuba:
Capital– Havana
Currency– Peso (CUP)
President– Miguel Díaz-Canel
Prime Minister- Manuel Marrero Cruz

Sports

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Miscellaneous

India’s Manav Thakkar, Uttar Pradesh jumped 9 spots to No.1 in U-21 table tennis category,m,Manav Thakar

19 years old young Indian table tennis player who jumped nine places and become the world’s No.1 player U-21 (Under-21)Men’s single category rankings released by the IITF (International Table Tennis Federation). Thakar won The U-21 men’s singles title at the ITTF Challenge Plus Benemax-Virgo North American Open in Markham, Canada by defeating Argentina’s player Martin Bentancor.
About ITTF:
Headquarters- Lausanne, Switzerland.
President- Thomas Weikert.

Paddlefish of China’s Yangtze River, declared as extinct

China has declared that the country’s giant paddlefish often called as ‘Panda of the Yangtze river’ has become extinct. The extinction was reported due to decades of overfishing. As per scientists of the Yangtze River Fisheries Research Institute (YRFRI) the paddlefish with scientific name Psephurus gladius which can grow upto 22 feet (7 meters) in length became extinct between 2005 and 2010.

ISRO sets its fourth RAC-S in Karnataka

Indian Space Research Organisation (ISRO) sets its fourth Regional Academic Centre for Space (RAC-S) at the National Institute of Technology Karnataka (NITK) at Surathkal in Mangaluru taluk.
About ISRO:
Chairman- K Sivan
Headquarters- Bengaluru
ISRO CPBO director- Dr P V Venkitakrishnan

North Macedonia PM Zoran Zaev submitted his resignation

North Macedonia Prime Minister (PM) Zoran Zaev submitted his resignation. His resignation paves a way to form a new caretaker government under the country’s former interior minister Oliver Spasovski until April 12, 2020 election.
About Zoran Zaev:
i.He was born on 8 October 1974 in Strumica, North Macedonia.
ii.Zaev was a member of North Macedonia’s parliament between 2003 and 2005 and mayor of Strumica between 2005 and 2016.
iii.He belongs to Social Democratic Union of Macedonia party.
About North Macedonia:
Capital- Skopje
Currency- Macedonian denar

Dubai-based Indian singer, Sucheta satish wins Global child prodigy award 2020

A Dubai-based Indian girl, Sucheta Satish (14), who sings in 120 languages,has won the ‘100 Global Child Prodigy Award 2020′ in the category of singing.The award ceremony was held in Ashok Hotel, Delhi.
About 100 Global Child Prodigy Award:
This award is a platform to showcase the talent of children in dance, music, art, writing, acting, modeling, science, sports etc. The award is supported by Dr. APJ Abdul Kalam International Foundation and Oscar Award winning music producer AR Rahman among others.

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Daily Current Affairs | 24th November 2020

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