Current Affairs

23 July, 2020

International

India, Maldives inked agreement for establishment of ‘Emergency Medical Services Unit’ in Male

the Government of India (GoI) has signed an agreement with Ministry of Health of Maldives for the establishment of ‘Emergency Medical Services Unit’ at Baa Atoll Dharavandhoo Hospital in Male.
ii.The project would cost MVR (Maldivian rufiyaa) 8.5 million (Approximately Rs 4,14,58,782) out of which MVR 7.5 million (Approximately Rs 3,64,03,786) is grant from India. It will be constructed by LF Construction Pvt Ltd of Maldives.

National

India & S.African Customs Union revived initiative for Preferential Trade Agreement via virtual meet

A virtual meeting between India and Southern African Customs Union (SACU), consisting of South Africa, Namibia, Botswana, Lesotho, Eswatini, have been revived to achieve a Preferential Trade Agreement (PTA) and to discuss its various aspects.

Economy

FamPay launched India’s 1st numberless card, Famcard

FamPay, India’s first Neobank for teenagers, in partnership with IDFC First Bank launched India’s 1st numberless card, FamCard. FamPay with National Payments Corporation of India(NPCI) developed this card.
ii.This card is accepted across the RuPay payment network of merchants. It is similar to a debit card which enables teenagers to transact in a cashless manner.

LIC-UBI announced corporate agency pact

Union Bank of India (UBI), after its amalgamation with Corporation Bank and Andhra Bank, has announced a corporate agency agreement with Life Insurance Corporation of India (LIC) to distribute latter’s policies.

As per the pact, UBI can act as a financial supermarket by offering LIC products of term insurance, pension, plan, children plan, ULIPs, and endowment schemes to its account holders, whereby they can select products according to their choice.

Sports

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Miscellaneous

Indian Army Gets DRDO’s Bharat – World’s Most Agile and Lightest Drone for Accurate Surveillance Along China Border

Defence Research and Development Organisation (DRDO) provides the drone named “Bharat” – indigenously developed by the Chandigarh based laboratory of DRDO, to the Indian Army to monitor the high altitude areas and mountain terrains along the line of actual control in the Easter Ladakh (China Border).

DRDO Test Fires ‘Made in India’ Anti Tank guided Nag Missile named “Dhruvastra”

The Defence Research and Development Organisation(DRDO) conducted the flight trials of the HELINA (Helicopter-launched Nag Missile) anti-tank guided missile named “Dhruvastra” without Helicopter at the Interim Test Range in Balasore, Odisha.
The flight trials were conducted in direct and top attack mode.

Environmental activist Greta Thunberg won 1st edition Gulbenkian Prize for Humanity

A 17 years old climate activist from Sweden namely Greta Tintin Eleonora Ernman Thunberg became the first recipient of the inaugural (1st edition) Gulbenkian Prize for Humanity, awarded by Calouste Gulbenkian Foundation.

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Daily Current Affairs | 02nd December 2020

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