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Saturday, July 11, 2020

Daily Current Affairs 11 JULY 2020


Daily Current Affairs 11 JULY 2020
1. REWA SOLAR PROJECT IN MADHYA PRADESH
·        Asia’s largest solar power project: Rewa Ultra Mega Solar Power Project in Madhya Pradesh is inaugurated by PM Narendra Modi, through video conferencing.
·        The 750 MW ultra-solar power plant spread over 1,590 acres.
·        It reduces emission equivalent to 15 lakh tonne of carbon dioxide per year.
·        The Delhi Metro will get 24% of energy from the project, and the 76% will be supplied to state DISCOMs of Madhya Pradesh.
·        The Rewa Solar Power project received the World Bank Group President’s Award. 

2. FIRST FIVE RE-PRINTED VOLUMES OF MONGOLIAN KANJUR MANUSCRIPTS
·        Under the National Mission for Manuscripts (NMM), The Ministry of Culture has taken up the project of re-printing 108 volumes of Mongolian Kanjur.
·        A set of First Five manuscripts were presented to Shri Ram Nath Kovind, the President of India on Guru Purnima (Dharma Chakra Day) on 4th July 2020.
·        The Buddhist Canonical text in 108 volumes is the most important religious text in Mongolia.‘Kanjur’ means ‘Concise Orders’, the words of Lord Buddha.
·        The ‘Mongolian Kanjur’ in 108 volumes was published by Prof. Lokesh Chandra (Former MP of Rajya Sabha) in India in the 1970s.


3. INDIAN NAVY COMPLETES “OPERATION SAMUDRA SETU”
·        Indian Navy has successfully completed its 55 days and 23,000 kilometers long ‘Operation Samudra Setu’, which was launched on May 5, 2020 as a part of the national effort to repatriate (bring back) Indian citizens from 3 countries of MaldivesIran, and Sri Lanka during the COVID-19 pandemic. –
·        Indian Navy’s Landing Ship (Tank) Kesari undertook ‘Mission SAGAR’, carrying 580 tonnes of food aid and medical stores including ayurvedic medicines to Maldives, Mauritius, Madagascar, Comoros Islands and Seychelles, covering over 14,000 km in 49 days.

4. IRDAI REMOVES RS 5 LAKH CAP ON SUM INSURED FOR AROGYA SANJEEVANI POLICIES
·        The Insurance Regulatory and Development Authority of India (IRDAI) has allowed all general and health insurance companies to increase the sum insured on the Standard Individual Health Insurance Product namely “Arogya Sanjeevani” beyond Rs 5 lakh.
·        This decision has been taken in view of the increasing cost of healthcare in the country amid the covid-19 pandemic.
·        Arogya Sanjeevani, is a product for which all insurers are mandated to offer had a cap of Rs 5 lakh on the sum insured and the minimum cover for it was of Rs 1 lakh.
·        The regulator has now allows insurers to offer sum insured as low as Rs 50,000 with no upper limit. The sum insured has to be in multiples of Rs 50,000.

5. ADVISORY COMMITTEE ON MUTUAL FUNDS
·        Securities and Exchange Board of India (SEBI), the regulator of the securities and commodity market in India, has reconstituted the committee advising it on matters related to regulation and development of the mutual fund industry by including five new members.
·        The new 20 member committee will be chaired by Usha Thorat, former deputy governor of Reserve Bank of India (RBI).

6. AMAZONIA-1 EARTH OBSERVATION SATELLITE
·        Indian Space Research Organization (ISRO) is set to launch the Amazonia – 1 onboard the Polar Satellite Launch Vehicle (PSLV) as a primary payload by August 2020.
·        Amazonia -1 is Brazil’s first satellite for Earth observation – designed, assembled and tested in Brazil.
·        Amazonia – 1 will help in observing and monitoring the deforestation in the region of Amazon through the satellite images.
·        The images from the Brazilian satellite will also help in the agriculture and vegetation sector.

7. BOOK -‘HIS HOLINESS THE FOURTEENTH DALAI LAMA: AN ILLUSTRATED BIOGRAPHY’
·        A book titled ‘His Holiness the Fourteenth Dalai Lama: An Illustrated Biography’ is  authored by one of the Dalai Lama’s closest aides and advisor of over 40 year, Tenzin Geyche Tethong.
·        The biography is a memorable portrait of the 14th Dalai Lama, Tenzin Gyatso. The book is to be released in October 2020 and is published by Roli Books


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