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Tuesday, June 23, 2020

Daily Current Affairs 21, 22 JUNE 2020


Daily Current Affairs 21-22 JUNE 2020
1. FRANCE COMMITS 200 MILLION EUROS TO SUPPORT INDIA’S COVID RESPONSE
·        France and India signed a credit financing agreement promising 200 million euros (Rs. 1709 crore) to support the social welfare system and India’s covid response.
·        The fund will be provided to India through the AFD, French Development Agency (Agence Française de Développement).
·        The programme focuses on the “Pradhan Mantri Garib Kalyan Yojana” to benefit the low income families and to ensure their social, health and economic wellbeing and their contribution towards the nation’s economic growth amid covid pandemic.

2. NEARLY 1% OF WORLD’S POPULATION FORCIBLY DISPLACED
·        In accordance with the annual report on displacement titled “Global Trends- Forced Displacement in 2019″ released by UN refugee agency- United Nations High Commissioner for Refugees (UNHCR), in 2019, additional 11 million people were displaced where 2.4 million sought protection outside their country, and 8.6 million were newly displaced within the borders of their countries.
·        Five countries account for two-thirds (68%) of people displaced across borders: SyriaVenezuelaAfghanistanSouth Sudan and Myanmar.

3. 1ST ONLINE AUTO RETAIL FINANCING : ‘CLICK TO BUY’ PLATFORM
·        Hyundai Motor India Limited(HMIL) partnered with HDFC Bank to offer industry 1st online auto retail financing on its end-to-end online automotive retail platform, ‘Click to Buy’ to the customers. 
·        HMIL launched ‘Click to Buy’, an upgraded version of end-to-end online automotive retail platform to provide a safe, contactless & convenient purchasing experience to its consumers after the COVID times.

4. INDIA’S 1ST FIRM TO HIT RS 11 TN MARKET CAP ON JUNE 11, 2020
·        Reliance Industries Ltd (RIL) became the first Indian company to reach a market capitalisation of Rs 11 trillion, as the company was valued at Rs 11.15 trillion.
·        With this, RIL accounts for nearly 9% of the country’s total m-cap of Rs 138 trillion. Its stock on Bombay stock exchange (BSE) was record high at Rs 1,738.95. Notably the company’s share doubled since mid-March 2020.  
·        In dollar terms, RIL’s m-cap translates into $155 billion, making it the 54th largest company globally.
·        Mukesh Ambani became 9th richest in the world: Bloomberg Billionaires Index

5. URJIT PATEL APPOINTED AS THE CHAIRMAN OF NIPFP
·        The former governor of RBI Urjit Patel was appointed as the Chairman of National Institute of Public Finance and Policy (NIPFP). 
·        He will start his 4year tenure on 22nd June 2020 succeeding Vijay Laxman Kelkar, former chairman of NIPFP.
·        NIPFP-The centre undertakes research, policy advocacy and capacity building in areas related to public economics and the institute assists the central, state and local government in formulating policies by providing an analytical base.

6. ‘SATYABHAMA’ PORTAL TO PROMOTE R&D IN MINING & MINERAL SECTOR
·        Pralhad Joshi, Union Minister for Coal &Mines has launched SATYABHAMA (Science and Technology Yojana for Aatmanirbhar Bharat in Mining Advancement) Portal, developed by National Informatics Centre (NIC), Mines Informatics Division.
·        Unlike the current system, where research proposals are physically submitted by scientists /researchers, the Satyabhama portal allows online submission of project proposal & also its status and use of funds can be monitored.

7. WORLD REFUGEE DAY 2020 – JUNE 20
·        The theme of this year is “Every Action Counts” to remind that everyone including the refugees can contribute to society in creating a world with equality and equity.
·        The first world refugee day was celebrated on 20th June 2001 to commemorate the 50th anniversary of the 1951 Refugee Convention and its 1967 Protocol help protect Refugees which contains the rights and the obligations of the refugees towards the host nation.

8. NATIONAL READING DAY 2020: JUNE 19
·        India celebrated the 25th edition of the National Reading Day to honour Kerala’s Father of Library Movement, Puthuvayil Narayana(P.N.) Panicker & his significant contribution to the reading culture which made Kerala’s universal literacy rate (100%) in 1990.
·        The day aims to encourage reading among students across the country.
·        The following week of June 19, 2020 will be celebrated as Reading week and reading month will be celebrated from June 19 – July 18, 2020.


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