Current Affairs Quiz-September, 2020

Notes:
The Reserve Bank of India has released revised guidelines for Priority sector lending (PSL). This has been done to achieve better credit penetration in the country.
The new guidelines have mechanism to enhance flow of credit to credit deficient areas. Also, under the new prevision bank finance to start-ups up to Rs.50 crore can be considered as Priority Sector Advance.

Notes:
United Kingdom has named the Former Australian prime minister Tony Abbott as a trade adviser. He headed Australia from 2013 to 2015.
Along with the 62-year old former Prime Minister, Former member of the European Parliament, is to become Adviser to Britain’s Board of Trade. However, there were allegations that Tony Abbott was not suitable for the job due to his conservative social views.

Notes:
The first World Solar Technology Summit (WSTS) is to be organized by the International Solar Alliance (ISA) on September 8, 2020.
More than 25000 participants from 149 countries and several distinguished judges are set to participate in the virtual summit. The President of the assembly and India’s New and Renewable Energy Minister R K Singh will be joined by Principal Scientific Adviser, K. Vijay Raghavan.

Notes:
The Government of Tamil Nadu has announced a new electronics & hardware manufacturing policy.
The policy aims to increase the State’s electronics industry output to $100 billion by 2025. The policy undertakes to impart skill training for more than 1,00,000 people by 2024, to meet the state’s human resource demand in electronics sector.

Notes:
As per the recent statement of the Fitch Ratings, the annual GDP growth of India is projected to contract more than 10.5 per cent.
Earlier, it had estimated that the GDP Growth would contract by 5 per cent in its June Global Economic Outlook (GEO). In its recent GEO, it has also highlighted that the Global Economy is projected to fall less than projected level.

Notes:
The Railway Protection Force (RPF) of Indian Railways has disrupted the operation of illegal software called “Real Mango”, in a nationwide investigation.
The investigation was made on account of increase in touting activity after restart of the passenger train services. RPF have been able to arrest 50 criminals so far including the King pin (system developer) and key managers involved in operation of this illegal software.

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:
The Chief Minister of New Delhi Arvind Kejriwal has recently inaugurated the Delhi government’s e-filing consumer complaint system.
The system is aimed at helping the people to file complaints through virtual mode. This digital service helps people maintain social distancing amidst the COVID-19 pandemic. In July, Delhi launched an e-RTI portal that will enable citizens to file online Right to Information (RTI).

Notes:
The first Joint Commission Meeting between India and Angola was held recently.
The meeting was co-chaired by External Affairs Minister S Jaishankar and his counterpart Tete Antonio. During the meeting, the two countries agreed to diversify their trade relationship. The leaders also discussed regarding cooperation in health, pharmaceuticals, defence, agriculture sectors.

Notes:
The Country’s second and South India’s first Kisan Rail service has been recently flagged off.
This would connect Anantapur in Andhra Pradesh to Adarsh Nagar Railway Station in Delhi. The train was flagged off by the Union Minister for Agriculture Narendra Singh Tomar. The Kisan Rail scheme was announced in Budget 2020-21 for transport of agricultural products.