Current Affairs 2020 | Page 9 of 25 | Daily Articles & News Gkseries.com

Credit Guarantee Scheme for Sub-ordinate Debt to help the distressed MSME sector

Ministry of MSME has launched the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD) which is also called “Distressed Assets Fund–Sub-ordinate Debt for MSMEs”. It is expected that this scheme would provide much required support to around 2 lakh MSMEs and will help in reviving the economic activity in and through this sector. Daily Current Affairs […]

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Govt approved Private sector participation in Space activities

The Government of India has approved far reaching reforms in the Space sector aimed at boosting the private sector participation in the entire range of space activities. The decision taken is in line with the long-term vision of the Prime Minister of transforming India and making the country self-reliant and technologically advanced. Daily Current Affairs

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Blocks A-1 and A-3 Blocks development of Myanmar

The Cabinet Committee on Economic Affairs has approved additional investment of US$ 121.27 million (about Rs.909 crore) by ONGC Videsh Ltd (OVL) towards further development of blocks A-1 and A-3 Blocks of Shwe oil & gas project in Myanmar. Daily Current Affairs Quiz 2020 Key-Points ONGC Videsh Ltd. (OVL) has been associated with exploration and

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Shishu loan accounts under Pradhan Mantri Mudra Yojana to eligible borrowers

The government of India has decided to provide 2% interest subvention to borrowers under the ‘Shishu’ category of the flagship Pradhan Mantri MUDRA Yojana (PMMY). Under the Shishu category, collateral free loans of up to ₹50,000 are given to beneficiaries. Daily Current Affairs Quiz 2020 Key-Points The scheme will be extended to loans which meet

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Cabinet approves declaration of Kushinagar airport as international airport

The Union Cabinet has approved the declaration of the airport in Uttar Pradesh’s Kushinagar as an international airport, stating it will offer improved connectivity to the important Buddhist pilgrimage site. Daily Current Affairs Quiz 2020 Key-Points It has pilgrimage sites in Lumbini, Shravasti, Kapilvastu nearby it. A little farther, it has sites in Sarnath and

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COVID-19 Pandemic widened the educational divide

According to a UNESCO report released, about 40% of low- and lower-middle-income countries have not supported learners at risk of exclusion during this crisis, such as the poor, linguistic minorities and learners with disabilities. Daily Current Affairs Quiz 2020 Key-Points During the height of school closures in April 2020, almost 91% of students around the

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Atmanirbhar petrol pump started in Pune

‘Atmanirbhar campaign’ has launched in Pune to incorporate social distancing measures to ensure safety of its customers and employees. This idea was floated by the company to maintain social distance between customer and salesperson, and also to lessen the disputes that often rise while filling fuel. Daily Current Affairs Quiz 2020 Working procedure of the

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Day of the Seafarer 2020

The annual Day of the Seafarer (DotS) is celebrating its 10th anniversary on 25 June under the theme “Seafarers are Key Workers” this year. The 2020 Day of the Seafarer campaign pays tribute to seafarers, acknowledging their sacrifice and the issues they face. Many seafarers have been away from home for months and are unsure

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Union Govt approves ₹15,000 cr infra fund for dairy, poultry and meat units

The Central government of India has announced a new ₹15,000 crore infrastructure fund to provide interest subvention of up to 3 per cent to private players for setting up of dairy, poultry and meat processing units. Daily Current Affairs Quiz 2020 Key-Points Infrastructure fund: National Investment and Infrastructure Fund (NIIF) is India’s first sovereign

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China launches final Beidou satellite in challenge to GPS

Recently, China has launched final satellite in challenge to GPS, named BeiDou Navigation Satellite System 3 (BDS-3) from the Xichang Satellite Launch Center in southwest China’s Sichuan Province on 23 June 2020. The $10bn (£8bn) network is made up of 35 satellites and provides global navigation coverage. Daily Current Affairs Quiz 2020 BDS-3 Satellite BDS-3

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