Current Affairs Quiz-September, 2020

Notes:
As per the news from the Prime Minister’s Office, the first-ever cannabis medicine project will be set up at Indian Institute of Integrative Medicine (IIIM) in Jammu.
This project will be the first major foreign investment in Jammu and Kashmir after it became a Union Territory (UT). It will be established in collaboration with Canada. The medicine prepared from Cannabis are used to produce pain-relief medicine.

Notes:
Bangladesh has recently launched a nation-wide campaign named ‘Asol Chini’, to curb fake information on Social Media.
The ‘Asol Chini’ campaign, which means ‘real identification’, aims to create digital literacy to stop fake information and rumours. To implement this three-month long campaign, a digital platform Durbar21.org has been created.

Notes:
World Suicide Prevention Day (WSPD) is observed on 10 September every year, across the world. It is organized by the International Association for Suicide Prevention (IASP).
The World Health Organisation (WHO) has been functioning as the co-sponsor of the day. The aim of this day is to raise awareness around the globe that suicide can be prevented. IASP has released ‘Introducing Step Closer: A World Suicide Prevention Day Awareness Film’.

Notes:
The Chief of Defence Staff (CDS) General Bipin Rawat has stated that India’s Defence exports has grown by 700% from Rs 1521 crore in 2016-17 to Rs 10,745 crore in 2018-19.
Also, as of 2019, India is ranked 19th in the list of top Defence exporters in the world, which is an all-time high rank ever featured by India.

Notes:
India and China have recently agreed on five points regarding the situation on the Line of Actual Control (LAC).
On the side lines of the Shanghai Cooperation Organisation (SCO) meet in Moscow, the External affairs Minister S Jaishankar and his Chinese counterpart Wang Yi had strategic talks which focussed on Disengagement of troops and easing of tensions.

Notes:
The Ministry of Housing and Urban Affairs (MoHUA) has launched the Climate Smart Cities Assessment Framework (CSCAF) 2.0.
The Climate Centre for Cities under National Institute of Urban Affairs (NIUA) will implement the program. It aims to provide a plan for cities to combat Climate Change while implementing their actions. He also launched a pedestrian-friendly program ‘Streets for People Challenge’.

Notes:
Germany has recently carried out the first nationwide test of its civil alarm systems since the end of the Cold War.
The country has also newly created National Warning Day, or Warntag, which is to be observed every year on September 10. Several alarms were sounded to alert the public to create the awareness about the measures to be taken in the backdrop of a national emergency.

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.

Notes:
Every year on September 14th, India celebrates “Hindi Diwas”(Hindi Day).
On Sep 14, 1949 Hindi became the official language of the nation. This decision was ratified by the Constitution on January 26, 1950. Hindi written in the Devanagari script has been adopted as the official language Under Article 343 of the Indian Constitution.

Notes:
The new Banking Regulation (Amendment) Bill, 2020, introduced by the government empowers RBI to restructure Cooperative banks.
The bill was tabled on the first day of the Parliament’s Monsoon Session by the Finance Minister Nirmala Sitharaman. The bill which came in the form of ordinance was earlier withdrawn. Under this amendment, the Reserve Bank of India can restructure distressed cooperative banks.