Current Affairs Quiz-September, 2020

Notes:
The Government of Andhra Pradesh has launched a scheme named YSR Sampoorna Poshana.
The scheme will be implemented in Anganwadi centres to provide supplementary nutrition to newborn babies, including pregnant women suffering from anaemia. Under the scheme, hot milk, rice, pulses, vegetables, and eggs would be distributed to pregnant and postpartum women for 25 days a month.

Notes:
The Hindustan Aeronautical Limited-HAL’s indigenously developed Light Utility Helicopter (LUH) has successfully demonstrated high altitude capability in hot and high weather conditions in the Himalayas.
The helicopter also demonstrated its payload capability in Siachen glacier. The Army version of LUH is to be presented for Initial Operational Clearance.

Notes:
American private equity firm Silver Lake is to invest around Rs 7500 crore in Reliance Retail Ventures Limited (RRVL).
Through this, Silver Lake will acquire 1.75% equity stake in Reliance Retail. Earlier, the US-based firm announced a USD 1.35 billion investment in Jio Platforms and this is the second billion-dollar investment by Silver Lake in the subsidiary of Reliance Industries.

Notes:
Union Minster of Petroleum has stated that Five state run oil and natural gas PSUs will become corporate partners of the International Solar Alliance (ISA).
These PSUs would make financials contribution to ISA’s corpus fund. This announcement was made during the 1st World Solar Technology Summit organized by ISA. ONGC, IOCL, BPCL, HPCL and GAIL are the 5 PSUs.

Notes:
As per a recent report on released by UNICEF, the World Health Organization (WHO), the Population Division of the UN Department of Economic and Social Affairs and World Bank Group, the Under-five mortality rate in India declined from 126 in 1990 to 34 in 2019.
Also, the Infant mortality rate in India declined from 89 in 1990 to 28 in 2019. The data has been published in ‘Levels & Trends in Child Mortality’ Report 2020.

Notes:
India and Japan have recently signed a key agreement for Reciprocal provision of supplies and services between their Defence forces.
Called as the Acquisition and Cross-Servicing Agreement (ACSA), it facilitates smooth provision of supplies and services between Japan’s Self-Defense Forces and India’s armed forces. This agreement is expected to promote military cooperation and regional security.

Notes:
Minister of State for Shipping Mansukh Mandaviya has recently launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes – Ports).
SAROD-Ports is established under Societies Registration Act and aims to resolve the disputes with the panel of technical experts as arbitrators. It is expected to save legal expenditure and time. This works similar to the SAROD-Roads constituted by NHAI.

Notes:
Prime Minister digitally launched the Pradhan Mantri Matsya Sampada Yojana (PMMSY), which will be implemented by the Ministry of Fisheries, Animal Husbandry & Dairying.
The scheme aims to promote sustainable development of fisheries sector with an investment of Rs. 20,050 crores during a period of 5 years from FY 2020-21 to FY 2024-25. This scheme was announced as a part of AatmaNirbhar Bharat Package, to combine the achievements of the Blue revolution.

Notes:
Global rating agency Moody’s Investors Service has estimated that India’s real GDP would contract by 11.5 per cent in fiscal year 2020-21.
Earlier, the agency has estimated that India’s economy would contract by 4.0 per cent during 2020-21. CRISIL also said that the collapse in GDP was one of the sharpest among all major G-20 nation and the growth is expected to rebound to 10.6 per cent in 2021-22.

Notes:
The Reserve Bank of India (RBI) has issued guidelines regarding Compliance Functions in Banks and Role of Chief Compliance Officer (CCO).
The guidelines direct that all banks should have a board approved Compliance Policy and Appointment of CCO. The CCO shall be a senior executive of the bank, preferably in the rank of a General Manager.