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:
The Union Defence Minister of India Rajnath Singh attended the country’s first high-level political meet with China amid prevalent border tensions.
This meet has been organised on the side-lines of Shanghai Cooperation Organisation (SCO) meeting in the Russian capital Moscow. As per media reports, the Chinese side initiated the meeting attended by the Chinese Defence Minister General Wei Fenghe.

Notes:
As per the Japan Meteorological Agency, the typhoon Haishen hit Japan and released fierce winds and rains.
Haishen means Sea God in Chinese and the typhoon unleashed winds of speed over 180 kilometers per hour and damaged some parts of Okinawa, Kyushu island. The typhoon is estimated to approach some regions of South Korea.

Notes:
The G20 Education Ministers was held virtually, where India was represented by Union Minister of Education, Ramesh Pokhriyal Nishank.
During the meeting, member countries resolved to work together shared best practices in three identified areas namely Education continuity in times of crises, Early childhood education and Internationalization in education.

Notes:
The first-ever International Day of Clean Air for blue skies is observed on September 7th, 2020. It aims to raise public awareness on the importance of air quality.
The United Nations General Assembly adopted the resolution to hold this day on December 19, 2019. It also invited the United Nations Environment Programme (UNEP) to facilitate the observance of the International Day celebrated for the first time in 2020.

Notes:
As per a statement by Indian Meteorological Department (IMD), the rainfall received by the country in August 2020 is the highest since 1926.
August 1926 recorded a rainfall of 34.8 cm exceeding normal by 33%, whereas August 2020 recorded 32.7 cm rainfall exceeding normal by 27%. Also, IMD has stated that in June’20 to 6th September’20, India had registered 7% more rainfall than what is normal for this period.

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:
Prime Minister Narendra Modi has recently inaugurated the Patrika Gate in Jaipur through video conference.
This Iconic Gate has been built by the Patrika Group of Newspapers in Jaipur, Rajasthan. The Prime Minister Modi also released two books written by the Group Chairman during the virtual event. This cultural monument is expected to boost tourism in the region.

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:
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.