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 11th edition of ‘INDRA NAVY’ – a biennial maritime exercise between the Indian Navy and Russian Navy has commenced in the Bay of Bengal.
It is a 2-day exercise and would be conducted in a non-contact format at sea. India has deployed guided missile destroyer, frigate vessels, fleet tanker and their integral helicopters in the exercise.

Notes:
The Government of Assam has re-launched an old scheme named “SVAYEM” which aims to provide self-employment to 2 lakh youth in the state. SVAYEM stands for Swami Vivekananda Assam Youth Empowerment.
The scheme would provide Rs.50,000 as seed capital to selected youth, to commence their business. The total outlay of the scheme is Rs.1000 crore.

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:
Defence Research and Development Organization (DRDO) has successfully tested Hypersonic Technology Demonstration Vehicle from Dr APJ Abdul Kalam Launch Complex at Wheeler Island, off the Odisha coast.
The hypersonic cruise vehicle was launched using solid rocket motor, which took it to an altitude of 30 kilometers from where cruise vehicle separated and moved on the desired flight path at a velocity of 6 times the speed of sound i.e., nearly 2 km/second for more than 20 seconds.

Notes:
The Asian Development Bank (ADB) and the Government of India has recently signed a USD 500 million loan, to build the Delhi-Meerut Regional Rapid Transit System (RRTS) corridor.
This is the first tranche of a total USD 1 billion facility extended to construct the modern, high-speed 82-kilometer RRTS corridor in India’s national capital region (NCR). A total of three priority rail corridors planned under the NCR Regional Plan 2021, to connect Delhi to other cities.

Notes:
World No.1 Tennis player Novak Djokovic was declared disqualified from the ongoing 2020 US Open recently at its 4th round.
This decision was taken for accidentally hitting a line judge in throat with a tennis ball, during a match against Spain’s Pablo Carreno Busta. Djokovic was justified that it was not done intentionally, but after 12 minutes of discussion, the referee decided to disqualify him as per the Grand Slam regulations.

Notes:
UNICEF is leading in efforts to procure and supply COVID-19 vaccines. This could be the world’s largest and fastest ever procurement and supply of vaccines.
In collaboration with Pan American Health Organization (PAHO), UNICEF is set in its efforts to procure and supply doses of COVID-19 vaccines for 92 low and lower middle-income countries.

Notes:
The Chief Minister of Kerala Pinarayi Vijayan inaugurated the Kochi Metro’s final stretch of the Phase-I covering Thykoodam to Petta which is 3 km long.
The inauguration was made virtually. With this, the phase-1 of Kochi Metro is complete at a cost of Rs.6218 crore. The inaugural function was presided by Hardeep Singh Puri, Union Minister of Housing & Urban Affairs.

Notes:
The Indian Civil & Administrative Services (Central) Association has been renamed as “IAS Association” recently.
The new name was unanimously cleared in the body’s Annual General Meeting there by dropping the reference to the ‘colonial-era’ ICS. Also, a new moto “Yogah Karmasu Kaushalam” meaning “Perfection in action is Yogah” has been chosen during the meeting.