Daily GK 09 Oct. 2020

1. FIRST-EVER BRAND & LOGO FOR INDIAN COTTON

•  Union Minister for Textiles, Smriti Zubin Irani launched First-Ever Brand & Logo for Indian Cotton through virtual mode on occasion of World Cotton Day on October 7, 2020.

•  India’s Premium Cotton is set to be known as ‘Kasturi Cotton’ in World Cotton Trade. 

•  It will represent Whiteness, Brightness, Softness, Purity, Luster, Uniqueness and Indianness. 

 

2. ‘JAN ANDOLAN’ CAMPAIGN FOR COVID-19 APPROPRIATE BEHAVIOUR

•  PM Narendra Modi launched ‘Jan Andolan’ (People’s Participation) campaign for following COVID-19 Appropriate Behaviour. 

•  The awareness campaign will promote COVID-19 behaviour ahead of the upcoming festive season and the reopening of the economy.

•  Prime Minister Narendra Modi asked the citizens to “Wear Mask, Wash Hands, Follow Social Distance and Practice ‘Do Gaj Ki Doori’ (a distance of two yards)”. 

 

3. COVID-19 TO PUSH 150 MILLION PEOPLE INTO EXTREME POVERTY

•  According to the report ‘Poverty and Shared Prosperity 2020: Reversals of Fortune’ released by the World Bank Group around 150 Million People will be pushed into Extreme Poverty by the end of 2021 due to COVID-19.

•  This is the first rise in Extreme Poverty Percentage in 20 years.

•  The report analyzes three aspects which are driving the increase in global poverty – COVID-19, Armed Conflict and Climate Change.

•  The pandemic is expected to push 88 Million-115 Million people into extreme poverty in 2020.

•  The World Bank highlighted the lack of data in India as a hindrance for monitoring Global Poverty.

•  Government of India has not released 2017-18 All India Household Consumer Expenditure Survey Data due to which there is lack of data.

 

4. CONCESSION AGREEMENT WITH UP GOVERNMENT FOR JEWAR AIRPORT

•  The Government of Uttar Pradesh (UP) and the Zurich Airport International AG (ZAIA) signed a 40-year concession agreement which grants license to Zurich Airport for designing, building and operating the Noida International Airport(NIA) (also known as Jewar Airport) at Jewar, outskirts of Delhi.

•  The concession agreement was signed with the Yamuna International Airport Private Limited (YIAPL) a special purpose vehicle incorporated by Zurich Airport for this project.

 

5. M RAJESHWAR RAO AS THE NEW DEPUTY GOVERNOR OF RBI

•  Government of India appointed M Rajeshwar Rao as the new 4th deputy governor of the Reserve Bank of India (RBI) responsible for financial regulations.

•  He will succeed NS Vishwanathan, the former 4th Deputy Governor of RBI, who resigned in March 2020 before the completion of his term (June 2020).

•  M Rajeshwar  Rao is currently serving as the executive director of RBI.

 

6. ASHWANI KUMAR, PASSED AWAY AT 69

•  Ashwani Kumar, the former Director of Central Bureau of Investigation (CBI) and former governor of Manipur and Nagaland committed suicide and was found dead in his residence in Shimla.

•  He was born on 15th November 1950 in Nahan, Sirmaur, Himachal Pradesh.

•  He was currently serving as the vice chancellor of a Private university in Shimla.