· 23 hours ago · Weekly Current Affairs PDF June28 to July04, 2020 Current Affairs PDF- July04,...

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www.toprankers.com Weekly Current Affairs PDF June28 to July04, 2020 Current Affairs PDF- July04, 2020 National Government to purchase missile systems, fighter jets worth Rs 38900 crore The Union Defence Ministry has approved the procurement of missile systems, frontline fighter jets and other military equipment worth Rs 38,900 crore. With this procurement, Defence Ministry aims to boost the combat capability of the Armed Forces amid the rising tensions between India and China at LAC border. SAP launches Global Bharat program for Indian MSMEs The Global Bharat program has been launched by the German technology firm SAP India. The programme has been designed to equip Indian micro, small, and medium enterprises (MSMEs) with digital technologies in order to make them globally competitive. SAP India will also provide MSMEs access to their enterprise resource planning (ERP) software under the Global Bharat program. ICMR fast-tracking efforts to launch ‘COVAXIN’ for public use by 15th August In partnership with Hyderabad based Bharat Biotech, the Indian Council of Medical Research (ICMR) has selected 12 institutes for the Phase-I and Phase–II clinical trials of the first indigenously developed C-19 vaccine BBV152 (commonly known as COVAXIN). After successful completion of human clinical trials, the ICMR has set a target to launch the COVAXIN for the public health uses, latest by August 15, this was reported in the media as per a letter by ICMR to the 12 selected institutes. International French Prime Minister Edouard Philippe resigns French Prime Minister Edouard Philippe has resigned from his post ahead of a government reshuffle by President Emmanuel Macron. As per the announcement made by the French Presidency, Edouard Philippe will handle the government affairs until a new cabinet would be named.

Transcript of  · 23 hours ago · Weekly Current Affairs PDF June28 to July04, 2020 Current Affairs PDF- July04,...

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Weekly Current Affairs PDF June28 to July04, 2020

Current Affairs PDF- July04, 2020

National Government to purchase missile systems, fighter jets worth Rs 38900 crore

The Union Defence Ministry has approved the procurement of missile systems, frontline fighter jets and other military equipment worth Rs 38,900 crore.

With this procurement, Defence Ministry aims to boost the combat capability of the Armed Forces amid the rising tensions between India and China at LAC border.

SAP launches Global Bharat program for Indian MSMEs

The Global Bharat program has been launched by the German technology firm SAP India. The programme has been designed to equip Indian micro, small, and medium enterprises (MSMEs) with digital technologies in order to make them globally competitive.

SAP India will also provide MSMEs access to their enterprise resource planning (ERP) software under the Global Bharat program.

ICMR fast-tracking efforts to launch ‘COVAXIN’ for public use by 15th August

In partnership with Hyderabad based Bharat Biotech, the Indian Council of Medical Research (ICMR) has selected 12 institutes for the Phase-I and Phase–II clinical trials of the first indigenously developed C-19 vaccine BBV152 (commonly known as COVAXIN).

After successful completion of human clinical trials, the ICMR has set a target to launch the COVAXIN for the public health uses, latest by August 15, this was reported in the media as per a letter by ICMR to the 12 selected institutes.

International

French Prime Minister Edouard Philippe resigns French Prime Minister Edouard Philippe has resigned from his post ahead of a

government reshuffle by President Emmanuel Macron. As per the announcement made by the French Presidency, Edouard Philippe will handle

the government affairs until a new cabinet would be named.

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Acquisitions and Mergers

Intel Capital Invests Rs 1894.50 crore in Jio Platforms United States-based Intel Corporation’s investment arm Intel Capital will invest Rs

1,894.50 crores in Reliance Industries Limited’s (RIL’s) subsidiary company Jio Platform.

With this investment, equity value in Jio Platforms rose to Rs 4.91 lakh crore, while Rs 5.16 lakh crore its enterprise value.

Rs 1894.50 of investment will translate to 0.39 percent of an equity stake for Intel Capital in Jio Platforms. This was the 12th foreign investment in Jio Platforms.

The 12 investments make a total of Rs 1,17,588.45crores that have been raised in Jio Platforms.

Science and Technology ISRO's Mars Orbiter captures image of largest moon of Mars

ISRO’s Mars Orbiter Mission (MOM) has captured the image of ‘Phobos’, the largest and closest moon of Mars.

The image was captured by Mars Colour Camera (MCC) aboard Mom on July 1, 2020 when the Mars orbiter was around 7,200 km from Mars and 4,200 km from Phobos.

Phobos, the mysterious moon of Mars is believed to be made up of carbonaceous chondrites.

Ranking India’s Forex Reserves 5th largest in the world

The foreign exchange reserves of India is the fifth largest in the world at more than USD 500 billion. The first four Forex Reserves on the list are China, Japan, Switzerland and Russia, as per the report released by IMF - International Monetary Fund.

The foreign exchange reserves of India are almost equal to one fifth of India's GDP.

India stands third largest contributor to e-waste in 2019

A United Nations led report has found that India is the third largest contributor to e-waste in the world in 2019.

As per the report titled ‘Global E-waste Monitor 2020’, the world dumped a record 53.6 million tonnes of e-waste in 2019. Of this, just 17.4 percent was recycled.

China was the biggest contributor to e-waste in the world, contributing 10.1 million tonnes of e-waste. United States was second with 6.9 million tonnes. India, with 3.2 million tonnes, was third.

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Days International Co-operative Day 2020

The International Co-operative Day is held annually on the first Saturday in July since 1923 by the International Co-operative Alliance to celebrate the co-operative movement and to increase awareness of cooperatives.

The theme of International Co-operative Day 2020 is: “Cooperatives for Climate Action”.

Current Affairs PDF- July03, 2020

National

Health Minister launches Drug Discovery Hackathon Union Health and Family Welfare Minister Dr. Harsh Vardhan launched Drug Discovery

Hackathon through video conferencing. The Union HRD Minister Ramesh Pokhriyal Nishank also joined the launch ceremony.

The Drug Discovery Hackathon has been launched to identify a drug to cure the C-19. The hackathon was visualised by Prime Minister Narendra Modi.

Kerala announces ‘Dream Kerala Project’ aimed at aiding returning expats

The state government of Kerala decided to roll out the ''Dream Kerala Project'' to tap the potential and experience of those returning from foreign nations and other states after losing their jobs.

The decision was taken during a cabinet meeting chaired by Chief Minister Pinarayi Vijayan on July 2, 2020.The project aims to support rehabilitation of the returning expats and the state's overall development.

International

Russians approve for new constitutional reforms, Vladimir Putin may stay Russia’s President till 2036

Russians have approved the constitutional changes on July 1, 2020, which were proposed by President Vladimir Putin led Russian government. These changes may allow President Putin to stay in power for another 16 years, till 2036.

Russia went to poll for a nationwide referendum on newly proposed constitutional reforms.

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Banking and Economy Care Ratings Forecast India’s GDP to contract by 6.4% in FY21

Care Ratings has revised India’s GDP growth forecast for the current financial year 2020-21 to (-) 6.4 percent.

The rating agency had earlier projected a decline in GDP growth of 1.5-1.6 per cent in FY21.

Awards Pulitzer winner Siddhartha Mukherjee and Prof. Raj Chetty are named among ‘2020 Great Immigrants’ Honorees

The Carnegie Corporation of New York has named Pulitzer Prize winner Siddhartha Mukherjee and Prof. Raj Chetty among the ‘2020 Great Immigrants’ Honoree. Through this honor, Carnegie Corporation recognizes an eminent group of citizens who have been making a difference in the American Society.

The honorees will be recognized on America’s Independence Day which is on the Fourth of July.

Obituary Veteran choreographer Saroj Khan passes away

Ace Choreographer Saroj Khan has passed away at the age of 71 due to cardiac arrest in Mumbai.She was popularly known as Saroj Khan but her real name is Nirmala Nagpal.

She joined the Indian film industry as a child artiste, playing the younger Shyama in Nazarana. She eventually became a background dancer in 1950s films like Bimal Roy’s “Madhumati” under the guidance of dance director B. Sohanlal.

Among the Bollywood circles she was referred to as "The Mother of Dance/Choreography in India". In her career spanning over 40 years, she has choreographed over 2000 songs.

Appointments and Resignations

India appoints Indra Mani Pandey as its Permanent Representative in UN, Geneva

Indra Mani Pandey has been appointed as the Permanent Representative of India in the United Nations, Geneva. He is a 1990 batch Indian Foreign Officer and will succeed Rajiv K Chander on the position.

He will represent India in more than 25 UN organisations which include the World Health Organisation (WHO) and the United Nations Human Rights Council (UNHRC).

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Karnam Sekar retires as MD & CEO of IOB The Managing Director (MD) and Chief Executive Officer(CEO) of Indian Overseas Bank

(IOB), Karnam Sekar has retired on 30th June 2020. He joined the State Bank of India(SBI) as the Probationary officer in December 1983.

Days

International Plastic Bag Free Day The International Plastic Bag Free Day is held on July 3 around the world to spread

awareness that a plastic bag free world is possible and that sound environmental alternatives to single use plastic bags are available.

2020 is the 11th edition of the celebrations.

Books and Authors

A book titled “The Future of Higher Education” released by M Venkaiah Naidu

Vice President of India, M Venkaiah Naidu has virtually released a book titled “Future of Higher Education – Nine Mega Trends“. The book is authored by CA V Pattabhi Ram. The Virtual event was hosted by ICT Academy.

The book is based on a survey of about 5000 educators across India who were part of ICT Academy’s “SkyCampus” Digital Knowledge Series.

Current Affairs PDF- July02, 2020

National

Gujarat Government launches Rs 1,369 crore ”At One Click” online cash aid for MSMEs & textile industry

Gujarat Chief Minister Vijay Rupani launched an online cash aid initiative titled ”At One Click” for micro small and medium enterprises and textile industries in the state on 26 June 2020.

The state government has announced total of Rs 1,369 crore in aid for around 13,000 MSMEs in Gujarat under the program.

Out of the toatl 1,369 crore aid, Rs 768 crore have been transferred in bank accounts of 12,247 MSME units in Gujarat while Rs 601 crore aid has been given to bigger industrial units including textile industry.

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Goa Govt Allocates 14,380 sqm land to set up India first Maritime Cluster

The Government of Goa has allotted over 14,380 square metres of land at Verna industrial estate to ‘Konkan Maritime Cluster’ (Goa Maritime Cluster), a consortium of 49 Goan MSME units, to set up its Common Facility Centre.

The Goa Maritime Cluster will be the first Maritime Cluster of India, providing a world-class common facility for manufacturing, design and other allied services for the shipbuilding industry.

The project is likely to extend direct benefits to another 180 units.

Giriraj Singh launches the 1st Edition of “Matsya Sampada”

Union Minister for Fisheries, Animal Husbandry and Dairying, Giriraj Singh has launched the 1st Edition newsletter “MatsyaSampada” fisheries and aquaculture published by the Department of Fisheries and the operational guidelines of Pradhan Mantri Matsya Sampada Yojana (PMMSY).

This newsletter will be published on a quarterly basis.

International

FCC designates 2 Chinese companies as National Security Threats The US Federal Communications Commission (FCC) has designated two Chinese

companies - Huawei Technologies and ZTE Corporation as national security threats. FCC Chairman Ajit Pai stated that both Huawei and ZTE have close ties with Chinese

Communist Party and China’s military apparatus. He stated that the US government will not allow the Chinese Communist Party to exploit vulnerabilities in US communications networks.

The agency is considering banning these Chinese telephone companies from entering the US market. As per the US, Huawei’s equipment could be used by China for spying.

Banking and Economy

Fitch slashes India’s GDP Growth Projection to 8% from 9.5% for FY22

Fitch Ratings has cut India’s growth forecast for the fiscal year 2021-22 to 8 percent from its earlier projection of 9.5 percent, in its June update of Global Economic Outlook released on 30 June 2020.

However, the rating agency has retained its projection for the current fiscal which is expected to contract by 5 percent in the 2020-21.Fitch projected Indian economy to grow 5.5 percent in 2022-23.

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Banks sanction over Rs 1 lakh cr loans to 30 lakh MSMEs under ECLGS

As per the data by the Ministry of Finance on 30 June 2020, banks from public and private sectors have sanctioned over Rs 1 lakh crore loans under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector as of June 26, 2020.

Out of this, more than Rs 45,860 crore has already been disbursed under the 100 percent ECLGS for the micro, small and medium enterprises (MSMEs).

The top lenders under the scheme are State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank and HDFC Bank.

World Bank approves $750 mn emergency response fund for India’s MSME sector

The World Bank has approved loan worth $750 million to address the immediate liquidity and credit needs of India’s micro, small, and medium enterprises (MSMEs), severely impacted by the C-19 crisis.

The World Bank’s MSME Emergency Response program will provide financial support to some 1.5 million viable MSMEs.

With this, the World Bank’s total commitment has reached to $2.75 billion to support India’s emergency C-19 response.

Appointments and Resignations

Ravinder Bhakar becomes new CEO of CBFC Shri Ravinder Bhakar, a 1999 batch officer of Indian Railway Stores Service (IRSS), has

taken over as the Chief Executive Officer (CEO) of Central Board of Films Certification (CBFC) on 30 June 2020.

Prior to this, Mr. Bhakar was posted as the Secretary & Chief Public Relations Officer of Western Railways.

He succeeds Anurag Srivastava. Chairperson of CBFC – Shri Prasoon Joshi

Shrikant Madhav Vaidya becomes new chairman of IOC

Shrikant Madhav Vaidya took charge as the new chairman of Indian Oil Corporation (IOC). Prior to this, he was the Director (Refineries) on the IOC Board, since October 2019.

He will replace Sanjiv Singh, who retired on June 30.

Shashank Manohar quits as ICC Chairman

International Cricket Council (ICC) Chairman, Shashank Manohar has stepped down as the head of the cricket body after two-year tenures. ICC Board has decided that Deputy

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Chairman Imran Khawaja will take the charge until Manohar’s successor is elected. The process for the Chairperson election is likely to be approved by the ICC Board

within the next week.

Days National Postal Worker Day

The National Postal Worker Day is marked every year on July 1 globally in recognition of the contribution made by postal workers in our society.

The day is a unique opportunity to say ‘thank you’ not only to postmen but also to all delivery personnel, as online shopping has become a lifeline for many of us.

The day was initiated by a popular postal service provider from Seattle, United States of America in 1997 to felicitate and honour the co-postal workers for their dedication.

World UFO Day

World UFO Day is observed on 2nd July. It was founded by the UFO hunter Haktan Akdogan.

The first World UFO Day was celebrated in 2001 and spread awareness among people to gaze at the heavens scanning for unidentified flying objects.

Current Affairs PDF- July01, 2020

National

PM extends “Pradhan Mantri Gareeb Kalyan Anna Yojana” till November 2020

PM Narendra Modi on June 30, 2020 addressed the nation in the context of Unlock 2.0 that will be effective from July 1.

Pradhan Mantri Gareeb Kalyan Anna Yojana will be extended till the end of November, an extension to cost over Rs 90 thousand crores. Over 80 cr people to get free food grain till Diwali and Chhathpooja.

Pradhan Mantri Garib Kalyan Yojana, 20 crore accounts have received 31,000 crores in their Jan Dhan Accounts.

PM urges the citizens to take the pledge of Vocal for Local and work for the betterment of the society and country at large.

One Nation One Ration Card will be implemented on whole India. This will especially benefit those people who leave their native-place, native-state to find work in some other state.

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DGCI approves Bharat Biotech’s vaccine for clinical trials The Drug Controller General of India (DGCI) has given its approval to the Indian vaccine

manufacturer Bharat Biotech’s vaccine. Bharat Biotech can now initiate phase-I and Phase-II human clinical trials for the C-19 vaccine candidate.

The vaccine has been developed in collaboration with the National Institute of Virology which is a part of the Indian Council for Medical Research (ICMR).

Maharashtra launches largest plasma therapy trial “Project Platina”

Maharashtra Chief Minister Uddhav Thackeray has launched the world’s largest plasma therapy trials “Project Platina” for C-19 patients. The state government has approved Rs 16.65 crore for the project from the Chief Minister’s Relief Fund.

There are 21 centres have been picked for the trial, including 17 medical colleges under the department of medical education and drugs, the government of Maharashtra and four BMC medical colleges in Mumbai.

International China passes national security law for Hong Kong

China has passed the controversial Hong Kong National Security Law. The law will come into effect from July 1, 2020 and carries maximum penalty of life term in jail. The law has been passed on the day that is commemorated as 23rd anniversary of the day when the British passed Hong Kong to China.

Earlier, the law received unanimous approval of National People's Congress Standing Committee.

Awards Popstar Beyonce honored with BET 2020 Humanitarian Award

PopstarBeyonce has been honored with the BET 2020 Humanitarian Award for her longstanding philanthropic work with her BeyGOOD Foundation, including her recent C-19 relief efforts such as #IDIDMYPART, a mobile testing initiative.

The award was presented by the former First Lady Michelle Obama.

Appointments and Resignations KK Venugopal reappointed as Attorney General of India

KK Venugopal has been reappointed as the Attorney General of India by President Ram Nath Kovind. Venugopal appointment has been extended for one year with effect from July 1, 2020.

He was appointed as the Attorney General in July 2017 following the resignation of Mukul Rohatgi. Venugopal himself made the request for his reappointment.

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Days National Doctor’s Day 2020

National Doctor's Day 2020 will be celebrated on July 1st to thank physicians and doctors for their dedicated services to patients.Doctor’s Day 2020 is being celebrated for acknowledging the services of doctors and their huge contribution to the medical advancement in India.

Every year, the theme for Doctor's day is announced by Indian Medical Association. Last year it was 'Zero tolerance to violence against doctors and clinical establishments.' The theme of National Doctor's Day 2020 is not announced yet.

National Doctors' Day is celebrated on July 1 all across India to honour the legendary physician and the second Chief Minister of West Bengal, Dr. Bidhan Chandra Roy.

National Charted Accountants Day

National Charted Accountants Day or CA Day is celebrated on July 1 every year. This day is celebrated to commemorate the finding of the Institute of Chartered Accountants of India (ICAI) by the parliament of India in 1949.

Every year on the day of the establishment of the ICAI, CA Day is celebrated to honour the Chartered Accountant.

Current Affairs PDF- June30, 2020

National

Ban on 59 Chinese apps for safety, security and integrity of India The Ministry of Electronics & Information Technology has announced that “Government

of India Bans 59 Chinese mobile apps”, which are prejudicial to sovereignty and integrity of India, defence of India, the security of the state and public order”.

The Ministry of Information Technology, invoking it’s power under section 69A of the Information Technology Act read with the relevant provisions of the Information Technology (Procedure and Safeguards for Blocking of Access of Information by Public) Rules 2009 and in view of the emergent nature of threats has decided to block 59 apps.

The Ministry had also received concerns from citizens regarding security of data and risk to privacy in operation of certain apps. The Indian Cyber Crime Coordination Centre under the Home Ministry had also sent a recommendation to block such malicious apps.

The complete list of 59 Chinese App Banned in India is given below: Chinese Mobile Applications

1. TikTok 2. Shareit

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3. Kwai 4. UC Browser 5. Baidu map 6. Shein 7. Clash of Kings 8. DU battery saver 9. Helo 10. Likee 11. YouCam makeup 12. Mi Community 13. CM Browers 14. Virus Cleaner 15. APUS Browser 16. ROMWE 17. Club Factory 18. Newsdog 19. Beutry Plus 20. WeChat 21. UC News 22. QQ Mail 23. Weibo 24. Xender 25. QQ Music 26. QQ Newsfeed 27. Bigo Live 28. SelfieCity 29. Mail Master 30. Parallel Space 31. Mi Video Call – Xiaomi 32. WeSync 33. ES File Explorer 34. Viva Video – QU Video Inc 35. Meitu 36. Vigo Video 37. New Video Status 38. DU Recorder 39. Vault- Hide 40. Cache Cleaner DU App studio 41. DU Cleaner 42. DU Browser 43. Hago Play With New Friends 44. Cam Scanner 45. Clean Master – Cheetah Mobile

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46. Wonder Camera 47. Photo Wonder 48. QQ Player 49. We Meet 50. Sweet Selfie 51. Baidu Translate 52. Vmate 53. QQ International 54. QQ Security Center 55. QQ Launcher 56. U Video 57. V fly Status Video 58. Mobile Legends 59. DU Privacy

Delhi Government to start its own Plasma Bank

Delhi government will start its own 'Plasma Bank' for treatment of Chinese virus positive patients. Chief Minister ArvindKejriwal has urged all the C-19 recovered patients in national capital to donate their plasma for the bank.

Plasma Bank will begin its operations in next two days at the Institute of Liver and Biliary Sciences, Delhi.

PM FME Scheme launched under Atmanirbhar Bharat

The Union Minister of Food Processing Industries, Harsimrat Kaur Badal formally launched Pradhan Mantri Scheme for Formalization of Micro Food Processing Enterprises as a part of Atma Nirbhar Bharat Abhiyan on 29 June 2020.

The scheme aims to enhance the competitiveness of the existing individual micro enterprises by increasing their access to credit, modern technologies among other things.

The All India Centrally Sponsored Scheme has an outlay of Rs.10,000crore for 5 years from 2020-21 to 2024-25 and Provide employment to about nine lakh skilled and semi-skilled workers.

Uttarakhand forest department develops India’s 1st lichen park

Uttarakhand forest department has developed India’s first lichen park in Kumaon’s Munsiyari, Pithoragarh district. Lichens are found in the Himalayas up to 5000 metres are important species as they are the best bioindicators of the pollution levels.

The project aims to study the distribution of different lichen species, their habitat, their morphological and physiological aspects, surveying and literature review, the establishment of species, current threats to their habitat including anthropological and climatic factors, and coming up with suitable conservation strategies and protection

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strategies. These Jurassic-era lichen species are used in food, perfumes, dyes and traditional

medicines.

International Micheal Martin takes over as the Prime Minister of Ireland

Micheal Martin has been appointed as the Taoiseach (Prime Minister) of the Republic of Ireland on 27 June 2020.

The 59-year-old will lead a three-party coalition government consisting of FiannaFáil, Fine Gael and the Green Party.

Martin is serving as the 15th Taoiseach of the country. He succeeds Leo Varadkar.

Lazarus Chakwera wins President election in Malawi’s

Lazarus Chakwera becomes the new President of Malawi. He defeated incumbent Peter Mutharika with 58.57% of votes. Chakwera won with 2.6 million votes against 1.75 million for Mutharika. He is the head of the Malawi Congress Party(MCP).

Banking and Economy

Indian economy expected to contract 5% in FY21: S&P Ratings The GDP growth of India is expected to contract by 5 percent in the fiscal year 2020-21,

according to latest forecast by S&P Global Ratings. The growth is expected to rebound in 2021-22 at 8.5%

Summary FY21: -5% FY22: 8.5% FY23: 6.5%

Days International Asteroid Day

The International Asteroid Day, also known as Asteroid Day is a United Nations proclaimed day observed globally on June 30 ever year to raise awareness about asteroids and what can be done to protect the Earth, its families, communities, and future generations from a catastrophic event.

The event marks the anniversary of the Siberian Tunguska event that took place on June 30, 1908, and was the most harmful known asteroid-related event on Earth in recent history.

The first International Asteroid Day was held in 2015.

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International Day of Parliamentarism International Day of Parliamentarism is observed globally on 30 June every year. The

Day celebrates parliaments and ways during which parliamentary systems of government improve the everyday lives of individuals throughout the world.

It is also a chance for parliaments to spot challenges and stock ways to deal with them effectively.The 2020 event is the third edition of the celebration.

Current Affairs PDF- June29, 2020

National

India becomes 1st country to control locusts through drones India is the first country to control locusts through drones. Under the Make in India

initiative, the Department of Agriculture, Cooperation & Farmers’ Welfare (DAC&FW), Agriculture Ministry has indigenously developed a vehicle-mounted Ultra-low volume (ULV) sprayer for locust control.

In total 60 ground control teams of Locust Circle Offices and 12 drones are being used for locust control operations in the affected areas.

Locust is a crop-threatening migratory pest that has entered the country through the India-Pakistan border.

Piyush Goyal chairs 49th Governing Council Meeting of NPC

Shri Piyush Goyal, Commerce & Industry Minister and President of NPC Governing Council chaired the 49th Governing Council Meeting of National Productivity Council (NPC).

The meeting witnessed the participation of Government Officers, Leaders of Industry Associations, Industry captains, Trade Union leaders, Productivity Councils of States and other eminent personalities.

NPC is an autonomous body which comes under the Department for Promotion of Industry & Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India.

Indian Navy inducts Advanced Torpedo Decoy System “Maareech”

The Indian Navy has inducted the Advanced Torpedo Decoy System ‘Maareech’ in its fleet on 26 June 2020, to further enhance the Anti-Submarine Warfare capability of the Indian Navy

Maareech is capable of being fired from all frontline warships. The Design and Development of this anti-torpedo decoy system has been undertaken

indigenously by DRDO labs-(NSTL and NPOL).

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Banking and Economy World Bank Approves USD 500 mn loan to improve quality of education system in 6 Indian States

The World Bank has approved loan worth $500 million (about Rs 3,700 crore) for Strengthening Teaching-Learning and Results for States Program (STARS) on June 24, 2020, to improve quality and governance of school education in six Indian states.The six states are Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Odisha, and Rajasthan.

The STARS program builds on the long partnership between India and the World Bank (since 1994), for strengthening public school education and to support the country’s goal of providing Education for All.

PhonePe partners with ICICI Bank on UPI multi-bank model

Flipkart-owned PhonePe has partnered with ICICI Bank on UPI multi-bank model giving its users the option to create and use multiple UPI IDs with ICICI and Yes Bank”s handles.

The ‘@ibl’ handle for ICICI Bank users and ‘@ybl’ handle for YES Bank users will enable easy, quick and contactless payment services to over 200 million registered PhonePe users.

Ranking At 26th position, Bengaluru Becomes India’s Only City in Top 30 Global Startup Ecosystems Ranking 2020 Released by Startup Genome

According to the report, ‘Global Startup Ecosystem Report (GSER) 2020; the New Normal for the Global Startup Economy and the Impact of -19’ released by Startup Genome, Bangalore has become the only city in the country to be included in the world’s top-30 startup ecosystem ranking & placed 26th position. At the same time, the nation’s capital Delhi has been ranked 36th in the list.

Further, Mumbai ranked first in a parallel “100 emerging ecosystem rankings 2020” followed by Jakarta, Zurich.

Days National Statistics Day

The Government of India celebrates Statistics Day on June 29 every year since 2007 to popularize the use of Statistics in everyday life and sensitize the public as to how Statistics helps in shaping and framing policies.

The day marks the birth anniversary of Father of Indian Statistics, Prof. P C Mahalanobis, in recognition of his invaluable contribution in establishing the National

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Statistical System. The theme of Statistics Day, 2020 is SDG- 3 (Ensure healthy lives and promote well-

being for all at all ages) & SDG- 5 (Achieve gender equality and empower all women and girls).

Current Affairs PDF- June28, 2020

National

NITI Aayog launches behaviour change campaign ‘Navigating the New Normal’

NITI Aayog has launched a behaviour change campaign titled ‘Navigating the New Normal’ and its website to guide people to follow norms during the ‘Unlock’ phase of the c- 19, in order to contain the spread of the deadly virus.

The campaign has been developed under the guidance of Empowered Group 6, constituted by the GoI, under the Chairmanship of NITI Aayog CEO Amitabh Kant.

Maharashtra Govt introduced “Maha Parwana” plan to boost investment

Maharashtra State Government has introduced “MahaParwana” plan to attract fresh investment in industries. This plan will offer incentives and a single-window clearance system.

The companies with investment proposals for Rs.50 crore or more will get relaxation on getting clearances from multiple departments with assurance letters (Maha Parwana).

These companies should apply at the Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI), single window system and get online permission within 48 hours.

International

VaYu, World’s first yoga University outside India inaugurated in Los Angeles

The world’s first yoga university outside India has been launched in Los Angeles, as a part of the 6th International Yoga Day commemorations.

The University has been named as Vivekananda Yoga University (VaYU), and will offer programmes that combine scientific principles and modern research approaches to the ancient Indian practice of yoga.

VaYU will offer online graduate programmes based on scientific principles and modern research approaches to yoga.

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Swami Vivekananda Yoga Anusandhana Samsthana(SVYASA) is the world’s first yoga university, set up in Bengaluru, India.

Sports Rahul Dravid beats Sachin Tendulkar in Wisden India’s poll

According to a poll conducted by Wisden India, Rahul Dravid is the greatest Indian Test batsman of all time. Dravid beats Sachin Tendulkar by a narrow margin of votes in the final round of voting. Dravid got 52 percent of the votes. Dravid saw off Tendulkar within the final round of the voting by a narrow margin despite trailing at 42 per cent.

The poll initially had 16 Indian batting greats, with Sunil Gavaskar and ViratKohli being the 2 others to possess made it through to the ‘semi-finals’. Gavaskar beat Kohli within the ‘third-place play-off’ by a narrow margin.

Ranking India slips down at 77th place in accounting money in Swiss banks

Swiss National Bank (SNB) has released ‘Annual banking statistics, 2019’. According to the latest SNB data, India has moved down three places to 77th rank in terms of money parked by its citizens.

However, many neighbouring countries are below India in the list. Among them, Pakistan is ranked 99th, Bangladesh 85th, Nepal 118th, Sri Lanka 148th, Myanmar 186th and Bhutan 196th.

Days Micro-, Small and Medium-sized Enterprises Day: 27 June

The United Nations Micro, Small and Medium-sized Enterprises Day is held on June 27 since 2017 to celebrate the work of MSME in local and global economies and their contribution to sustainable development.

2020 Theme is “C-19: The Great C- 19 and its impact on Small Business“.