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Tuesday, February 11, 2020


1.    15-member trust for Ayodhya temple
ü PM Narendra Modi announced in Parliament about the formation of a trust to oversee the construction of a Ram Temple in Ayodhya, Uttar Pradesh. In this regard, 67.703 acres of land near the temple area has been allocated to the trust.

2.    Around 38 Cr bank accounts opened under PMJDY
ü According to the Minister of State for Finance Anurag Singh Thakur, bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have registered around 38 crore till January 2020.
ü PMJDY accounts have “No minimum balance” requirement. It offers an overdraft (OD) limit of Rs 10,000 & free accident insurance cover of  Rs 2 lakh.

3.    International Intellectual Property (IP) Index
ü The U.S.(United States) Chamber of Commerce’s Global Innovation Policy Center (GIPC) has released the 8th edition of International Intellectual Property (IP) Index for 2020 namely ‘Art of the possible’.India’s position has downgraded to 40th rank in comparison to 36th position out of 50 countries in 2019. The index has been topped by the United States (US) followed by UK (United Kingdom), Sweden, France and Germany.

4.    6th Bi-monthly monetary policy 2020
ü RBI announced its 6th Bi-Monthly Monetary Policy Rates for 2020-21 in Mumbai , Maharashtra. The policy review meeting was headed by RBI Governor Shaktikanta Das.
Current rates:
Policy Rates under Liquidity Adjustment Facility (LAF)
Repo Rate
Reverse Repo Rate
Marginal standing facility (MSF) Rate
Bank Rate
Reserve Ratios
Cash reserve Ratio (CRR)
Statutory Liquidity Ratio (SLR)
GDP Prediction
GDP for 2020-21
6 % (from 5 %)
CPI Inflation
5.4-5.0 %

5.    Navy to get third Scorpene submarine
ü 3rd Scorpene submarineKaranj, will be delivered to the Indian Navy by Dec.2020 and all 6 sub-marine deliveries would be completed by 2022.
The Scorpene submarine is to be equipped with the AIP (Air Independent Propulsion) system from 2023.

6.    International Day of Zero Tolerance to Female Genital Mutilation-Feb 6
ü Theme: “Unleashing Youth Power: One decade of accelerating actions for zero female genital mutilation”. 

7.     Women’s National Weightlifting Championships
ü Rakhi Halder of Bengal has bagged gold in the 64kg category of the 35th edition of  Senior Women’s National Weightlifting Championships in Kolkata, ranked 19th in the Olympic qualifiers list.



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