Current Affairs Quiz - January, 2020

Notes:
The Indian Space Research Organisation (ISRO) has proposed to set up its Human Space Flight Centre (HSFC) in the Challakere town of Karnataka. It is located on the National Highway connecting Bengaluru and Pune. The 400-acre Training centre will entail a project cost of nearly 2700 Crores. Recently, four Indian astronauts selected for the Gaganyaan mission are sent to an Russian agency for space related training. This indigenous HSFC of ISRO will be have world class infrastructure and training facilities.

Notes:
Mission Indradhanush is a Universal Vaccination Programme launched by the Ministry of Health and Family welfare in 2014. The Intensified Intensified Mission Indradhanush 2.0 is carried out from December 2019 to March 2020.
Under the Indradhanush scheme, unvaccinated or partially vaccinated children and pregnant women are vaccinated. The target fixed for the scheme is 2020. Recently the Ministry launched IMI 2.0 portal to record the target and real time data of the campaign.

Notes:
Tamil Nadu based leading Public sector bank, Indian Bank recently signed an MoU with the Women Entrepreneurs Welfare Association (WEWA), Tamil Nadu. By this partnership, Indian bank will provide financial assistance and training to the members of the association for starting their business.
The entrepreneurs will also be provided credit facilities with discounted rates. The members of WEWA will be trained in INDSETIs (Indian Bank Self-Employment Training Institutes) of Indian Bank society.

Notes:
The Reserve Bank of India has recently granted ‘in-principle’ approval to Shivalik Mercantile Cooperative Bank, to convert into a Small Finance Bank (SFB). It is the first Urban Cooperative Bank (UCB) to be granted such permission after the announcement of RBI in September 2018, about voluntary conversion of UCBs into Small Finance Banks. 
The bank should comply with the requirements of an SFB such as minimum net worth and Capital to risk ratio, as stipulated by the RBI within 18 months of the in-principle approval.

Notes:
The Central Statistical Office recently released the first advance estimates of the Gross Domestic Product of India for 2019-2020. The CSO forecasted the GDP growth rate of India to be 5 % in the current fiscal year.
The CSO had earlier estimated the GDP growth of the previous fiscal to be 6.8%. The reason for the decrease in the growth rate is cited to the slowdown in manufacturing sector. The Reserve Bank of India also estimated 5% as the GDP growth rate for this fiscal.

Notes:
The Central Industrial Security Force (CISF) recently announced that it will observe 2020 as the ‘Year of mobility’. It was also announced that special attention would be provided towards creation of more residential units and welfare measures for their troops. The announcement was made by the Director General of CISF, Rajesh Ranjan.
The Central Industrial Security Force (CISF) is a Central Armed Police force under the Ministry of Home affairs, headquartered at New Delhi.

Notes:
Current Ashwini Lohani heads Air India. It began operations in 1932 with a single-engine, de Havilland Puss Moth monoplane. In 1962, it became the world’s first airline to boast an all-jet fleet. Last October, it also became the world’s first airline to use a Taxibot on an A320 aircraft with passengers onboard. Recently, Group of Ministers (GoM) of the central government have approved the proposal to divest stake in the national carrier. Led by Union Home Minister Amit Shah, the GoM met on Tuesday and approved all proposals on debt transfer from Air India to a special purpose vehicle. The Expression of Interest (EoI) and the share purchase agreement would be issued in January 2020.

Notes:
India has emerged winner in the Malaysia Masters badminton tournament for three times since it began in 2009. P.V. Sindhu won it in 2013 and 2016, and Saina Nehwal in 2017. This year, B. Sai Praneeth has been already knocked out.

Notes:
Arunachal Pradesh has adopted a new logo for its Legislative Assembly (APLA) recently. The new logo reflects the distinct identity and culture of the state. The Speaker of the Legislative Assembly PD Sona had circulated pictures of the new logo among the members of the house.
The new logo consists of the national emblem and the state flower of Arunachal Pradesh, foxtail orchid. The existing logo has been amended to create the blue colour-based logo.

Notes:
Union Cabinet has approved to confer the status of “Institution of National Importance” to a cluster of Ayurvedic institutions in Gujarat State’s Ayurved University campus in Jamnagar. This elevation of the status would provide it with the autonomy to upgrade the Ayurveda education standards and frame new courses in Ayurveda as per national and international requirements.
This decision is also expected to boost tertiary care in India and reduce government expenditure on health as Ayurveda is cost-effective. A bill to give effect to this approval will be introduced in the forthcoming Session of Parliament.