11JULY 2020

 Honours & Awards

1. Max Verstappen wins 70th Anniversary Grand Prix

  • Red Bull Driver’s Max Verstappen (Belgian-Dutchbagged 1st position in Emirates Formula 1 70th Anniversary Grand Prix 2020 marking his 1st victory of the Formula 1 season
  • His victory ended Mercedes dominant Formula 1 season
  • 70th Anniversary Grand Prix 2020 was the 5th race of 2020 Formula 1 season and was held at Silverstone, United Kingdom
  • Lewis Hamilton (Mercedes) bagged second position followed by Valtteri Bottas (Mercedes) in the 70th Anniversary Grand Prix 2020
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 National Affairs

2. Delhi International Airport launches online portal ‘AIR SUVIDHA’

  • Delhi International Airport Limited (DIAL) has launched web portal titled ‘AIR SUVIDHA’ for international passengers
  • It is meant for India-bound international arriving passengers by enabling them to fill the mandatory self-declaration form.
  • Passengers can also apply for exemption from mandatory quarantine process
  • It will make traveling contactless as the passengers won’t have to fill physical copies of self-declaration and quarantine exemption forms
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 National Affairs

3. PM launches financing facility under Agriculture Infrastructure Fund

  • PM Narendra Modi has launched Central Sector Scheme of financing facility under Agriculture Infrastructure Fund (AIF) 
  • This facility will have a worth of Rs 1 lakh crore
  • First sanction of Rs 1000 crore to over 2,280 farmer societies under the new facility
  • AIF: Medium-long term debt financing facility for investment in post-harvest management infrastructure and community farming assets through interest subvention and credit guarantee, approved by cabinet on July 8
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 Defense

4. Defence Minister bans import of 101 defence items

  • Defence Minister Rajnath Singh has announced the list of banned 101 defence items for import, beyond the timeline indicated against them.
  • The list was prepared by Department of Military Affairs, Ministry of Defence (MoD)
  • The ban will enhance indigenisation of Defence production in India boosting Aatmanirbhar Bharat.
  • Banned Import Items: Artillery guns, assault rifles, corvettes, sonar systems, transport aircraft, light combat helicopters (LCHs), radars, etc
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 Banking & Finance

5. NPCI launches omni-channel loyalty platform titled ‘nth Rewards’

  • National Payment Corporation of India (NPCI) has unveiled its own business intelligence and analytics enabled omni-channel loyalty platform titled ‘nth Rewards’ (infinite possibilities Rewards)
  • User will earn loyalty points through banks on almost every transaction digitally and reward points can be redeemed for online shopping and other purposes with this
  • The platform will have smart dashboard to know the points accumulation of the user.
  • MD-CEO of NPCI: Dilip Asbe
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 State Affairs

6. Chhattisgarh Govt launches ‘Indira Van Mitan’ scheme

  • Chhattisgarh CM Bhupesh Baghel has launched ‘Indira Van Mitan Yojana’ on World Tribal Day to make forest dwellers (tribal) self-reliant by boosting self-employment opportunities.
  • Under this, dedicated youth groups with 10-15 members will be constituted in almost 10,000 in tribal-dominated village areas to manage forest-based economic activities.
  • Forest produce processing units will be set up in every development block of scheduled areas at Rs 10 lakh cost for each unit.
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 Science & Technology

7. IIT Kanpur develops indigenous seed balls titled ‘BEEG’

  • IIT Kanpur in collaboration with Agnys Waste Management Private Limited has developed indigenous seed balls titled ‘BEEG (Bio-compost Enriched Eco-friendly Globule)’
  • BEEG seed ball is developed for the safety of people and farmers associated with plantation during Corona times and will provide employment
  • They comprises of indigenous variety of seeds, compost and clay that don’t need digging pits for planting saplings
  • They will germinate after coming into water’s contact
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 Agreement

8. Bihar Pollution Control Board signs agreement with IIT Delhi for GIS

  • Bihar State Pollution Control Board has signed an agreement with IIT Delhi to establish Geographical Information System (GIS) based platform to check air quality management
  • IIT Delhi will help in the field of comprehensive architecture for scientific analysis of air pollution and will provide knowledge to develop in-house capacity for data analysis.
  • MoA will identify sources and transport of particulate matter PM 2.5 in cities identifying effective mitigation measures.
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 National & International Appointments

9. Harsh Bhanwala appointed as Exe-Chairman of Capital India Finance Ltd

  • Harsh Kumar Bhanwala has been appointed as the Executive Chairman of Capital India Finance Ltd
  • His term came into effect with August 6, 2020
  • Prior to this, he was the Chairman of National Bank for Agriculture and Rural Development (NABARD) for over six years till May 26, 2020.
  • Capital India Finance Limited (CIFL) is an integrated financial services platform that provides customized financial solutions to Indian Corporates for growth and working capital requirements
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 Obituaries

10. WWE legendary wrestler James Harris passes away

  • American WWE player James Harris (70 years) passes away due to multiple health issues.
  • He was popularly known as ‘Kamala’
  • He made his debut with World Wrestling Federation (WWF) in 1984 and was well known for his World Wrestling Federation (WWF) era in mid-1980s and early 1990s.
  • He was also nicknamed as ‘The Ugandan Giant’
  • In his career, he fought with Hulk Hogan, The Undertaker and Andre the Giant etc
  • He was characterised by an African mask, warpaint and a loincloth.
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 National Affairs

11. FM inaugurates National Infrastructure Pipeline Online Dashboard

  • FM Nirmala Sitharaman has launched Online Dashboard for National Infrastructure Pipeline (NIP) in New Delhi through video conferencing.
  • It will act as a one stop solution for all stakeholders looking for information on infrastructure projects 
  • It is being hosted on India Investment Grid(IIG) platform ‘www.indiainvestmentgrid.gov.in’
  • The move will ensure easy accessibility to NIP project information and attract investors for PPP projects boosting Aatma Nirbhar Bharat.
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 National Affairs

12. Vice President lays foundation stone for RS employees housing complex

  • Vice President M Venkaiah Naidu has laid foundation stone for housing complex of Rajya Sabha employees at R K Puram in New Delhi
  • The project under which complex was constructed will have a total worth of Rs. 46 crore and its land was allotted in 2003
  • The delay in formation of housing project has resulted in avoidable costs for the Rajya Sabha Secretariat.
  • This will curb the huge annual rent given to every individual working with Rajya Sabha reducing the travel time.
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