Current Affairs

24 October, 2020

International

NATO to set up New Space Center in Ramstein, Germany

Defence Ministers of 30 NATO (North Atlantic Treaty Organization) Member States are planning to set up a New Space Center in the NATO Air Force High Command Base in Ramstein, Germany. It would serve as a coordination center for space observation. The space center would gather information about threats to satellites, and will be further developed as a command center for defensive measures.In December 2019, NATO leaders declared that Space will be the alliance’s “Fifth Domain” of operations after land, sea, air and cyberspace. The decision comes after NATO allies are concerned about kinds of attacks using anti-satellite weapons.
North Atlantic Treaty Organization (NATO): It is an International Alliance of 30 countries from North America and Europe. It is based on the North Atlantic Treaty which was signed on 4 April, 1949.
About North Atlantic Treaty Organization (NATO):
Secretary General – General Jens Stoltenberg
Headquarters – Brussels, Belgium

UNDP Released “Human Mobility, Shared Opportunities” Report stating Governments to Shape Migration

A report “Human Mobility, Shared Opportunities: A Review of the 2009 Human Development Report and the Way Ahead”was released by the United Nations Development Programme (UNDP) stating how governments can shape migration to benefit development and boost recovery.The report accessed how future policy responses could facilitate safe, orderly, and regular migration.This report marked 30 years of its annual Human Development Reports. The forced migration has doubled over the last 10 years to around 79 million people therefore to fight with its cause is essential for development.
About United Nations Development Programme (UNDP):
Administrator– Achim Steiner
Headquarters– New York, United States of America (USA)

Union Minister Jitendra Singh Addresses 1st Ever Ministerial Meeting of G-20 Anti-Corruption Working Group

Union Minister of State for Personnel, Public Grievances & Pensions,Jitendra Singh addressed the 1st Ever Ministerial Meeting of G-20 Anti-Corruption Working Group virtually. During the Meeting, The Union Minister stated that India has committed to the policy of Zero Tolerance against Corruption and Unaccounted money.The G20 Ministerial Meeting was organized on its 10th Anniversary Year.
About G-20 or Group of Twenty:
Composition– 19 countries and the European Union (EU)
The 19 countries are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, the Russian Federation, Saudi Arabia, South Africa, South Korea, Turkey, the UK, and the United States (US).
2020 Presidency– Saudi Arabia
2020 theme– Realizing Opportunities of the 21st Century For All
Chairman– Saudi Arabian King Salman bin Abdulaziz Al Saud (2020)

National

Himachal Pradesh’s Mandi District Bags Top Position for Implementation of PMGSY

The Union Ministry of Rural Development declared the list of top performing 30 districts in the country for implementing the Pradhan Mantri Gram Sadak Yojana (PMGSY) programme. In this list, Mandi district of Himachal Pradeshwon top position among 30 districts of India. Himachal Pradesh secured 2nd position at the national level for construction of roads under PMGSY.
About Pradhan Mantri Gram Sadak Yojana:
i.It was launched by the Govt. of India in 2000, to provide connectivity to unconnected Habitations as part of a poverty reduction strategy.
ii.The Ministry of Rural Development and state governments is responsible for the implementation of PMGSY.

1st Virtual India – International Food & Agri Week held on Oct 16th -22nd 2020; Inaugurated by Narendra Singh Tomar

On the lines of doubling the income of farmers by 2022, the first ever virtual “CII Agro & Food Tech: India -International Food & Agri Week” was organized from October 16-22, 2020 which was virtually inaugurated by Union Minister Narendra Singh Tomar, Ministry of Agriculture and Farmers Welfare (MoAFW) during the 14th edition of the Agro and Food Tech.It was organized by Confederation of Indian Industry (CII) in association with the MoAFW, Ministry of Fisheries, Animal Husbandry & Dairying (FAHD) and Ministry of Food Processing Industries (MoFPI).MoFPI also started an awareness campaign named “Anna Devo Bhava” to mark this occasion.
About Confederation of Indian Industry (CII):
Director General– Chandrajit Banerjee
President– Uday Kotak
Headquarter– New Delhi

MoS Prahlad Singh Patel Launches ‘Life in Miniature’ project

Minister of State (MoS) for Culture and Tourism (Independent Charge), Prahlad Singh Patel virtually launched “Life in Miniature” project, it is a collaboration between National Museum, New Delhi, Ministry of Culture and Google Arts & Culture. The project enables Hundreds of miniature paintings from the National Museum’s collections to be viewed through Google Arts & Culture app. Viewers can experience the First Augmented Reality-powered art gallery designed with traditional Indian architecture on the Google Arts & Culture app.
About Ministry of Culture:
Minister of State (MoS) (IC) – Prahlad Singh Patel
Constituency of Prahlad Singh Patel – Member of Parliament (Loksabha) – Damoh (Madhya Pradesh)

Haryana Topped Anemia Mukt Bharat Index in India

8th Governing Body Meeting of the State Health Society of the National Health Mission (NHM) was held in Chandigarh where Anemia Mukt Bharat (AMB) Index was released which has been topped by Haryana with a score of 46.7 among all the 29 states in the country.The meeting was presided over by the Haryana chief secretary, Vijai Vardhan.
About Ministry of Health and Family Welfare (MoHFW):
Union Minister– Dr. Harsh Vardhan (Constituency- Chandni Chowk, Delhi)
Minister of State (MoS)– Ashwini Kumar Choubey

Economy

Mastercard Partners with Atlantis to Expand Digital First Program in India

In order to address the increasing demand for digital payment solutions for everything, Mastercard has entered into partnership with Atlantis to expand the Digital First Program in India. The partnership aims to provide the users of mastercard, a technology solution that enables them to enjoy a best-in-class digital banking experience.
About Mastercard:
Headquarters – New York, United States
President and CEO-Elect– Michael Miebach
Chief Executive Officer(CEO) – Ajay Banga(Michael Miebach will take over as CEO by January, 2021)
About Atlantis:
Founder & CEO– Gaurav S
HeadQuarters– Singapore

RBI Pegs Minimum NOF for HFCs at Rs 25 cr; Issued guidelines for PSO’s SRO & on QR Codes: October 2020

RBI issued the revised regulatory framework for housing finance companies (HFCs) under which the minimum net owned funds (NOF) size for HFCs is fixed at Rs 25 crore. RBI finalized guidelines to set up Self-Regulatory Organisation (SRO) for Payment System Operators (PSOs) under Companies Act, 2013 as a not for profit body and non-governmental organisation will serve as a watchdog to guard against unprofessional practices within an industry or profession. RBI decided The two interoperable QR codes in existence – Unified Payments Interface (UPI) QR and Bharat QR will continue as at present.
About Reserve Bank of India (RBI):
Headquarters– Mumbai, Maharashtra
Formation– 1 April 1935
Governor– Shaktikanta Das
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, and M Rajeswar Rao)

Sports

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Miscellaneous

Indian Navy Missile Corvette INS Prabal launches Anti-Ship Missile

Indian Navy Missile Corvette INS Prabal launched an Anti-Ship Missile(AShM) on its Target in Arabian Sea. It was launched from Arabian Sea and the missile accurately homed in on its target. The anti-ship missile was fired during a practice drill. The missile was fired by INS Prabal as part of a mega naval drill which involves aircraft carrier INS Vikramaditya, Warships, attack helicopters, aircraft and other assets of Indian Navy.
About Indian Navy:
Aircraft Carriers in Indian Navy – INS Vikramaditya.
Nuclear Powered Submarines in Operation – INS Arihant (Arihant Class), INS Chakra (Chakra Akula (II) Class).

Apurva Chandra Elected as the Chairperson of the Governing Body of ILO for the period October 2020- June 2021

Apurva Chandra, Secretary (Labour and Employment), Ministry of Labour and Employment was elected as the Chairperson of the Governing Body of the International Labour Organisation (ILO) for the period October 2020- June 2021. It is to be noted that India assumes the Chairmanship of the Governing Body of ILO after 35 years.
About International Labour Organisation (ILO):
HeadQuarters– Geneva, Switzerland
Director-General– Guy Ryder
Member States– 187(Including India)

Saad El-Din Hariri Elected as the PM of Lebanon for the 3rd time; Succeeds Mustapha Adib

Saad El-Din Hariri was elected as the Prime minister of Lebanon. He succeeds Mustapha Adib. Saad El-Din Hariri has been in the post of PM twice. He belongs to the Future Movement political party. Saad El-Din Hariri won 65 parliamentary votes.

About Saad El-Din Hariri:
i.He was first elected as the PM of the country on November 9, 2009 and served till June 13, 2011.
ii.For the second time he took office in 2016 till October 29, 2019.

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