Daily Current Affairs 26 July 2020 for Banking/Insurance/SSC and other related exams.
NATIONAL NEWS
HRD Ministry Sets up Panel to Form Guidelines for More Students Studying in India
The HRD Ministry has set up a committee to form guidelines and suggest measures to ensure that more students study in India and there is a smooth transition for students returning from abroad due to COVID-19 situation.
- The committee headed by D. P. Singh, chairman of the University Grants Commission (UGC) is also supposed to recommend a mechanism to increase the intake in well-performing universities.
- The committee will present its report within 15 days.
BANKING & FINANCE
Banks’ Gross NPA May Rise to 12.5% by March 2021, Shows RBI’s Financial Stability Report
Gross non-performing assets of all banks may jump to 12.5 per cent by the end of this fiscal under the baseline scenario, from 8.5 per cent in March 2020, according to the Financial Stability Report (FSR) released by the Reserve Bank.
- Under the ‘very severely stressed scenario’, gross NPA of banks may increase to 14.7 per cent by March 2021.
- The resilience of Indian banking in the face of macroeconomic shocks was tested through macro stress tests which attempt to assess the impact of cumulative shocks on banks balance sheet and generate projections of gross non-performing asset (GNPA) ratios and capital to risk-weighted assets ratio (CRARs) over a one-year horizon under a baseline and three adverse — medium, severe and very severe — scenarios.
RBI Signs Documents to Extend $400 Million Currency Swap Facility to Sri Lanka, Says Indian Mission
The Reserve Bank of India has signed necessary documents for extending a USD 400 million currency swap facility to Sri Lanka to boost the island nation’s draining foreign exchange reserves due to the coronavirus pandemic.
- The currency swap arrangement will remain available till November 2022.
BUSINESS & ECONOMY
Adani Ports signs up for Science-Based Targets initiative
Adani Ports and Special Economic Zone Ltd (APSEZ) has signed up for the Science-Based Targets initiative (SBTi) becoming the first Indian port to commit to set science-based emissions reduction targets across their entire value chain that are consistent with keeping global warming to 1.5°C above pre-industrial levels.
- The Science-Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
- It encourages the best practices in science-based target setting and independently evaluates the companies’ targets. APSEZ has join the group of 43 Indian companies who have signed a commitment letter to SBTi.
SPORTS
Bengal Adjudged Top Performer Under AIFF Performance Assessment of States
Bengal was named as the best performing state by the All India Football Federation under its performance assessment system based on various criteria like grassroot development, conduct of leagues and other competitions.
- Maharashtra and Kerala were declared second and third respectively under the point-based assessment system that indicates the performance of the states on the various operational verticals.
APPOINTMENTS
Sahil Seth appointed as honorary adviser for BRICS CCI
Sahil Seth, Deputy Commissioner of Mumbai Customs, has been appointed as an honorary adviser to the steering committee for the BRICS Chamber of Commerce and Industry (CCI) young leaders for the period 2020-2023.
- Mr. Seth who is a 2011 batch Indian Revenue Service Officer, expressed his pleasure on being appointed as an honorary advisor which gives him a chance to represent his country. He added that BRICS CCI young leaders is a step in motivating the youth of India.
Rajesh Bhushan appointed as new Health Secretary
Rajesh Bhushan, IAS officer of 1987 Batch, Bihar Cadre has been appointed as the new Health Secretary in the Union Health Ministry.
- In another major reshuffle Ajay Tirkey has been appointed as Secretary, Department of Land Resources in the Ministry of Rural Development. Ram Mohan Mishra will take over as Secretary in the Ministry of Women and Child Development.
- Sushil Kumar has been appointed as Secretary, National Commission for Scheduled Castes in the Ministry of Social Justice and Empowerment.
- Anil Kumar Jain has been given additional charge as Secretary, Mines along with his post of Secretary in the Coal Ministry.
AWARDS
Jordan Henderson wins 2020 FWA Footballer of the Year award
Liverpool captain Jordan Henderson has been named the Football Writers’ Association (FWA) Footballer of the Year for the 2019-20 Premier League season.l
- The Reds midfielder played a central role as the Anfield club stormed their way to the Premier League title, their first English top-flight crown in 30 years.
- Henderson has played in 30 of Liverpool’s league matches so far this season and scored four goals.
Kashmir Saffron Gets GI Certification
The J&K administration issued the certificate of geographical indication (GI) registration for saffron grown in the Kashmir Valley, even as the saffron crop sees both decline in its production as well as shrinking of the land under cultivation.
- With the GI tag, Kashmir saffron will acquire more prominence in export market and will help farmers get the best price for it.
SCIENCE & TECHNOLOGY
Russia successfully holds flight test of 3D-printed aircraft engine
Russia has for the first time conducted a successful flight test of MGTD-20, a 3D-printed aircraft engine, and its production is scheduled for 2021-2022.
- The flight tests were held at Kazanbash aviation center in Tatarstan.
- With the new technology, the production time of the main engine elements has been reduced by 20 times and the cost of their production has been reduced by more than two times.
India, Israel jointly develop ultra rapid testing kit for COVID-19; results within 30 sec
India and Israel have jointly developed an ultra rapid testing kit for COVID-19.
- The testing kit which has proven it’s efficacy in lab results will now be subjected to broader trials.
- Indian DRDO scientists along with Defence Research Wing of Israel have been conjointly working on the COVID testing kit.
OBITUARIES
Noted Urdu journalist, satirist Nusrat Zaheer passes away
Renowned Urdu writer and translator Nusrat Zaheer passed away in Saharanpur in Uttar Pradesh at the age of 69.
- He spent most of his life in active literary journalism and had his own unique identity in the Urdu world. He wrote columns for Roznama Sahara for a long time.
- Until recently, he used to write a regular weekly column titled, ‘Nami Danam’ (‘I don’t know’) for the Urdu daily Inquilab
Veteran Urdu poet Shams Jalnavi passes away
Noted Urdu poet Mohammad Shamshuddin, popularly known as ‘Shams Jalnavi’, died Maharashtra due to old age problems. He was 95.
- Jalnavi penned hundreds of ”ghazals”, ”shers” and ”nazms” (a genre of Urdu poetry) in his lifetime.
- He used to attend ”mushairas” (poetic congregations) across the country
Prominent child rights activist Achyuta Rao passes away
Prominent child-rights activist and founder of Balala Hakula Sangam, a child rights organisation, Achyuta Rao succumbed to Covid-19 at a private hospital in the city in Hyderabad . He was 58.
- Achyuta Rao, who founded the Balala Hakkula Sangham in 1985 along with his wife Anuradha, was considered the voice of children, dispossessed of their rights and was one to never give up fighting for their rights. He was also a past member of the State Committee for Protection of Child Rights
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Another thing I’ve noticed is for many people, a bad credit score is the consequence of circumstances past their control. For instance they may have been saddled with an illness and because of this they have large bills going to collections. It can be due to a occupation loss or the inability to do the job. Sometimes divorce or separation can send the money in the undesired direction. Thanks for sharing your ideas on this site.
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Thanks for the interesting things you have exposed in your blog post. One thing I want to touch upon is that FSBO human relationships are built eventually. By releasing yourself to the owners the first weekend break their FSBO will be announced, before the masses start calling on Monday, you develop a good network. By mailing them resources, educational elements, free records, and forms, you become a great ally. If you take a personal interest in them and their circumstance, you build a solid link that, on most occasions, pays off in the event the owners decide to go with a realtor they know as well as trust – preferably you actually.
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One other thing is that an online business administration program is designed for people to be able to smoothly proceed to bachelor’s degree courses. The Ninety credit college degree meets the other bachelor education requirements when you earn your associate of arts in BA online, you should have access to the most recent technologies in this particular field. Several reasons why students want to get their associate degree in business is because they’re interested in this area and want to find the general education and learning necessary ahead of jumping right into a bachelor education program. Thx for the tips you actually provide as part of your blog.
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Thanks for your article. I would also like to say that the first thing you will need to complete is determine if you really need fixing credit. To do that you need to get your hands on a copy of your credit file. That should never be difficult, ever since the government mandates that you are allowed to have one absolutely free copy of your credit report per year. You just have to consult the right men and women. You can either look into the website for that Federal Trade Commission and also contact one of the major credit agencies straight.
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Thanks for your post. One other thing is when you are disposing your property on your own, one of the concerns you need to be mindful of upfront is when to deal with home inspection reports. As a FSBO supplier, the key to successfully switching your property plus saving money with real estate agent profits is understanding. The more you already know, the easier your home sales effort will be. One area where by this is particularly essential is assessments.
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Currently it seems like WordPress is the preferred blogging platform available right now. (from what I’ve read) Is that what you’re using on your blog?
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Some tips i have observed in terms of laptop memory is that there are specs such as SDRAM, DDR and so forth, that must match the requirements of the motherboard. If the personal computer’s motherboard is fairly current and there are no main system issues, changing the storage space literally takes under an hour or so. It’s one of the easiest laptop upgrade processes one can think about. Thanks for discussing your ideas.
尼卡西奥公司 III 作弊者
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Hmm is anyone else having problems with the pictures on this blog loading? I’m trying to find out if its a problem on my end or if it’s the blog. Any suggestions would be greatly appreciated.