Current Affairs Quiz-September, 2020

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:
Researchers at Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) have developed a theragnostic (diagnostic therapy) drug candidate for lung cancer.
JNCASR is an autonomous institute under the Department of Science & Technology (DST), Govt. of India. Lung cancer is one of the most common cause of cancer related death and is tough to detect at early stages thereby making it difficult to treat.

Notes:
The Ease of Doing Business Rankings for Indian stated has been released by Department for Promotion of Industry and Internal Trade (DPIIT) in collaboration with World Bank.
The ranking is based on implementation of “Business Reforms Action Plan”. Andhra Pradesh has topped the list followed by UP and Telangana.

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:
The Central Institute of Petrochemicals Engineering and Technology (CIPET) is to establish two new Centres for skilling and technical support at Bhagalpur and Varanasi.
CIPET is an autonomous research and training institution under the Chemicals and Fertilisers Ministry. Around 1,000 youths will be trained in each centre every year through Diploma and Skill development programmes for employment in petrochemicals and allied industries.

Notes:
The committee appointed by Reserve Bank of India headed by KV Kamath has made a recommendation for 26 sectors of the country that could be factored by financial institutions while finalizing loan resolution plans.
The committee was formed in the month of August to make recommendations on the parameters to be considered during restructuring of loans impacted by COVID.

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:
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:
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:
Azerbaijan has reduced its daily oil production by 133,400 barrels in August, thereby over fulfilling its production reduction obligations under OPEC+ output cuts deal.
As per the OPEC + deal, Azerbaijan is obligated to decrease its daily oil production by 131,000 barrels from August and December, whereas the country has decreased the production levels to 133,400 barrels.