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Friday, October 9, 2020

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.

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