Current Affairs 24th June 2020| Current Affairs News

CURRENT AFFAIRS: NATIONAL

Smriti Irani launches FICCI-FLO initiative ‘Empowering the Greater 50%’

• Ms Smriti Irani, Minister of Women and Child Development and Minister of Textiles, Govt of India launched a special campaign ‘Empowering the Greater 50%’, a FICCI and FLO initiative spearheaded by Dr Sangita Reddy, President, FICCI.
• Prime Minister Mr Narendra Modi has announced a stimulus package of Rs 20 lakh crore which will also empower women and provide financial assistance to the women associated with self-help groups, FICCI-FLO can look at this as an opportunity to collaborate.
• With this backdrop, FICCI and FLO has launched the initiative ‘Empowering the Greater 50%‘ which targets to impact the lives of 1,00,000 women in India over the next three years. As a first step, this initiative aims to build a network of visionaries and influencers who could pledge their time and resources to support this campaign.
• The program is designed to enhance entrepreneurial and decision-making skills through engagements such as mentorship programs, access to finance, business accelerators, training women to get into boards, special guidance to marginalized women on a business framework and financial models.
• Recently, Jahnabi Phookan appointed as the National President of FICCI Ladies Organization (FLO)

About MoWCD

• Minister of Women and Child Development and Minister of Textiles: Smriti Irani
• Constituency: Amethi, UP

India pledges USD 10 million to UNRWA over next two years

• India has announced contributing 10 million US dollar to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) over the coming two years.
• Addressing an Extraordinary Virtual Ministerial Pledging Conference for UNRWA, Minister of State for External Affairs V Muraleedharan stated that capacity enhancement through training and building durable institutions is a major plank of our developmental assistance to Palestine.
• Asserting that UNRWA needs continued support, Mr Muraleedharan stated when certain countries withdrew funding, India had stepped up its annual pledge from  1.25 million US dollar to 5 million US dollar in 2018. He stated, for this year, India has  already disbursed  two million dollar  and will soon be remitting the balance three million dollar.
• He stated, India provides 250 annual scholarships to Palestinian youth and officials, apart from regular customised training programmes, and our current project grant is around 72 million dollar.

About UNRWA:

• The United Nations Relief and Works Agency for Palestine Refugees in the Near East is an UN agency created in December 1949 to support the relief and human development of Palestinian refugees. The UNRWA definition of “refugee” covers Palestinian who fled or were expelled from their homes during the 1948 Palestine War.
• Headquarters: Amman, Jordan and Gaza, Palestinian Authority
• Commissioner-General: Christian Saunders (acting)

Current Affairs 23rd June 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

International Olympic Day

• The International Olympic Day is celebrated on 23rd June every year to make people aware of the importance of games in life.
• The entire Olympic Movement has been mobilised to join the online activities on 23rd of June. The International Olympic Committee and its partners, including Olympic Games Organising Committees for Tokyo 2020, Beijing 2022, Paris 2024, Los Angeles 2028 and Milano-Cortina 2026, the National Olympic Committees (NOCs), International Federations (IFs), Worldwide Olympic Partners and rights-holding broadcasters, will be among those encouraging fans to join the virtual workouts.

United Nations Public Service Day 

• The United Nations Public Service Day is celebrated on June 23 of every year.
• UN Public Service Day celebrates the value and virtue of public service to the community; highlights the contribution of public service in the development process; recognizes the work of public servants, and encourages young people to pursue careers in the public sector.

International Widows Day

• International Widow’s Day is celebrated worldwide on June 23.
• International Widow’s Day mainly aims to target the poor conditions of widow’s in underdeveloped or developing countries.

CURRENT AFFAIRS: NATIONAL

Centre sanctions Rs 190 cr for augmentation of healthcare facilities in North Eastern States

• Union Minister of Development of North Eastern Region (DoNER) Dr Jitendra Singh has reviewed the COVID status and healthcare facility in Aspirational districts with special focus on North East.
• The Minister also disclosed that in the wake of COVID pandemic, The Ministry of DoNER has decided to sanction 190 crore rupees for augmentation of healthcare facilities in the eight North Eastern States, particularly for developing infrastructure for management of infectious diseases.
• Union Minister Dr. Jitendra Singh stated, the concept of Aspirational District was based on 49 key indicators, of which the status of healthcare was an important component. The Minister stated that an important experience from the COVID pandemic is that in future, pre-emptive preparedness for epidemic and infection was imperative for optimum healthcare.
• Considering this, the Minister stated, the Ministry of DoNER has given the North Eastern States the option to send proposals for health related projects to be funded up to over 500 crore rupees from North East Special Infrastructure Development Scheme.
• Union Minister stated, accordingly, proposals have been received from the States of Assam, Arunachal Pradesh, Meghalaya, Manipur, Sikkim, Mizoram and Nagaland, while the proposal from the eighth State of Tripura is awaited.
• Union Minister Jitendra Singh also complemented the Aspirational Districts of Goalpara and Dhubri in Assam for having achieved Ayushman Bharat coverage of nearly 100 and 85 per cent.

About Ministry of Development of North Eastern Region:

• Jitendra Singh :MOS independent charge
• Constituency: Udhampur, J&K

Current Affairs 21st & 22nd June 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

National Reading Day

• National Reading Day is observed on June 19. The celebration is marked in the honour of the father of the Library Movement, the late P N Panicker. Puthuvayil Narayana Panicker is famously known as the Father of the Library Movement in the state of Kerala.
• The following week will be celebrated as the Reading Week, while the entire month till July 18 will be marked as the Reading Month.

International Yoga Day 

• Every year, June 21 is recognised as International Yoga Day.
• However, this year, due to social distancing measures adopted by most countries, the theme set by the United Nations is “Yoga for Health – Yoga at Home”.
• The proposal to observe Yoga Day was introduced by PM Modi in his address during the opening of the 69th Session of the General Assembly back in

International Father’s Day

• Every year, Father’s Day is celebrated on the third Sunday of June to acknowledge the many roles a father plays in his child’s life. This year, it will be celebrated on June 21.
• Father’s day is celebrated in many parts of the world at different times of the year, mostly in March, May, and June.

World Music Day

• TheWorld Music Day is celebrated every year on June 21 in over 120 countries including its country of origin France where it is known as ‘Fête de la Musique‘ meaning “festival of music” to honor both amateur and professional musicians.
• The day is celebrated to promote peace and spread goodwill through music.

World Hydrography Day

• The International Hydrographic Organization ( IHO ) and its international members celebrate World Hydrography Day every year onJune 21.
• TheWorld Hydrography Day theme for 2020 is ‘Hydrography – enabling autonomous technologies’.
• It aims at discussing and creating awareness about the role hydrographycan play to support autonomous technologies.

CURRENT AFFAIRS: NATIONAL

PM Modi launches Rs 50,000 cr Garib Kalyan Rojgar Abhiyan for migrant workers

• Prime Minister Narendra Modi launched a massive rural public works scheme, the Garib Kalyan Rojgar Abhiyan, to create jobs for millions of migrant workers who returned home during the coronavirus pandemic.
• PM Modi launched the scheme worth Rs 50,000 crorethrough video conference in presence of Bihar chief minister Nitish Kumar and deputy chief minister Sushil Kumar Modi.
• Chief ministers of other five states and Union ministers of concerned ministries participated in the virtual launch from Telihar village in Khagaria district of Bihar.
• The campaign of 125 days across 116 districts in six states aims to work in mission mode to help migrant workers.
• The programme will cover 116 districts across Bihar, Uttar Pradesh, Madhya Pradesh, Rajasthan, Jharkhand and Odisha. All these districts have received more than 25,000 migrant workers during the lockdown.
• It will involve intensified and focused implementation of 25 different types of works to provide jobs and create infrastructure in the rural regions of the country with a resource envelope of Rs 50,000 crore.
• The scheme will be a coordinated effort between 12 different ministries or departments—rural development, panchayati raj, road transport and highways, mines, drinking water and sanitation, environment, railways, petroleum and natural gas, new and renewable energy, border roads, telecom and agriculture.
• Laying of fibre optics cable, railway works, rurban mission jobs, sanitation works, waste management, poultry, farm ponds and training through Krishi Vigyan Kendras will be given to the migrant workers under the programme.
• The campaign may be extended to other states or districts which witnesses migrant returnees above 25,000.

Current Affairs Today 20th June 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

World Refugee Day

• World Refugee Day, international observance observed June 20 each year, is dedicated to raising awareness of the situation of refugees throughout the world.
• The theme of World Refugee Day this year is “Every action counts.”

CURRENT AFFAIRS: NATIONAL

Housing and Urban Affairs Ministry signs MoU to engage SIDBI as implementation agency for PM SVANidhi

• Housing and Urban Affairs Ministry and Small Industries Development Bank of India, SIDBI signed an MoU to engage SIDBI as the implementation agency for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi). The Ministry had launched the PM SVANidhi for providing affordable Working Capital loan to street vendors to resume their livelihoods that have been adversely affected due to Covid-19 lockdown.
• This scheme targets to benefit over 50 lakh Street Vendors. Under the Scheme, the vendors can avail a working capital loan of up to ten thousand rupees, which is repayable in monthly instalments in the tenure of one year.
• As per the MoU terms, SIDBI will implement the PM SVANidhi Scheme under the guidance of Ministry of Housing and Urban Affairs. It will also manage the credit guarantee to the lending institutions through Credit Guarantee Fund Trust for Micro and Small Enterprises. It will develop and maintain a customized and integrated IT Platform providing end-to-end solutions, including documentation of all the processes and workflows for an end-to-end solution, through a Portal and a Mobile App. The disbursement of loan under PM SVANidhi is planned to commence in July this year.

About Ministry of Housing and Urban Affairs:

• Hardeep Singh Puri, Minister of State (Independent Charge)
• Constituency: Uttar Pradesh
• Durga Shanker Mishra, IAS, Secretary (Housing and Urban Affairs)

About SIDBI:

• Headquarters: Lucknow
• Founded: 2 April 1990
• Mohammad Mustafa, (Chairman and Managing Director)

Current Affairs Today 19th June 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

Sustainable Gastronomy Day

• The UN General Assembly adopted and designated 18 June as an international observance,Sustainable Gastronomy Day.
• The decision acknowledges gastronomyas a cultural expression related to the natural and cultural diversity of the world.

World Sickle Cell Day 

• World Sickle Cell Day observed each June 19 to raise awareness about the red blood cell disorder, and to raise funds to fight it.
• World Sickle Cell Day is the perfect opportunity to run an event or fundraiser to let people in your community know more about sickle cell and help support those living with the disorder.

World Sauntering Day

• World Sauntering Day is marked yearly on June 19 to remind us to stop and smell the roses.
• World Sauntering Day that began in 1979 to remind people to slow down and enjoy life and not rush through it.

CURRENT AFFAIRS: NATIONAL

India will be global manufacturing hub for electric vehicles in five years

• Union Road Transport Minister Nitin Gadkari stated that India will be a manufacturing hub for electric vehicles within the next five years, adding that several countries do not want to deal with China after the COVID-19 crisis which can be an opportunity for India. During a webinar titled ‘India’s Electric Vehicle Roadmap Post COVID-19’.
• The minister asked Indian automotive companies to boost their electric vehicle technology and also to focus on finding alternatives to lithium-ion battery tech to help make India the next global manufacturing hub for electric vehicles.

About MoRTH

• Minister for Road Transport & Highways, Minister of Shipping and MSME: Nitin Gadkari
• Constituency: Nagpur, Maharashtra.

PM Modi launches auction of coal mines for commercial mining

• PM Modi stated India has taken the big decision to fully open the coal and mining sector for competition, capital, participation, and technology.
• PM Modi stated a major step has been taken to make India self reliant in the Energy sector. He stated the government is not only launching an auction for commercial coal mining, but also taking the coal sector out of decades of lockdown. He stated allowing the private sector in commercial coal mining is unlocking resources of a nation with the world’s fourth largest reserves. He added that the sector was excluded from competition and transparency was a big problem.
• The Prime Minister stated the reforms in the coal sector are a great way to make Eastern and Central India, and the tribal belt the pillars of development. He stated there are 16 aspirational districts in the country which have large reserves of coal but have not benefited the local people as much as they should have. He stated reforms and investment in this sector will play a huge role in making lives easy for the poor and tribal people.
• PM Modi stated the commercial coal block auction is a win-win for industry users. He stated new resources will open up and states will get more revenue and employment.

Health Minister Dr. Harsh Vardhan launches India’s First Mobile I-LAB 

• Union Minister of Health and Family Welfare Dr Harsh Vardhan launched India’s first mobile I-Lab (Infectious disease diagnostic lab) for last-mile access to Covid-19 testing. It will be deployed in remote, interior and inaccessible parts of the country and have the capability to perform 25 Covid-19 RT-PCR tests per day, 300 ELISA tests per day and additional tests for TB and HIV.
• The Infectious Disease Diagnostic Lab (I-LAB) is supported by the Department of Biotechnology, Ministry of Science and Technology, under the COVID-Command strategy.

Climate Change Tracker: India’s first ever climate change assessment

• For the first time, India has released its own national report on the state of the climate crisis. Prepared under the aegis of the ministry of earth sciences (MoES), the report, Assessment Of Climate Change Over. The Indian Region, takes a close look at where we stand regarding long-term changes in climate patterns, and their attendant risks.
• The big revelation is that India’s average temperature has increased by 0.7 degrees Celsius between 1901-2018, and that this is purely due to the emission of greenhouse gases (GHG). The report further states that in a best-case scenario of immediate mitigation of emissions, India’s temperature will still rise by 2.7 degrees Celsius by 2099. The worst-case scenario sees a rise of 4.4 degrees Celsius by the end of the century.
• Given the recent cyclones, it is instructive to learn that the sea level near Mumbai is rising at the rate of 3cm per decade. Off the Bengal coast, it’s 5cm per decade. Surface temperatures in the Indian Ocean (including the Bay of Bengal and the Arabian Sea) have risen by 1 degree Celsius between 1951-2015, higher than the global average.
• Climate change-induced heatwaves often slip under the radar. The report points out that April-June heatwaves will become four times more frequent by 2099 (compared to 1976-2005), and their duration might also double.

About ministry of earth sciences:      

• Harsh Vardhan: Minister of Earth Sciences (India)
• Constituency: Chandni Chowk

Current Affairs Today 18th June 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

International Picnic Day

• International Picnic Day is observed on June 18, every year.
• The day encourages people to spend the day outdoors and enjoy the company of other people. Various charity events are also conducted on this day and schools use this opportunity to organize picnics for their students.

Autistic Pride Day

• Every year, organisations from across the globe celebrate Autistic Pride Day on June 18 with a variety of events.
• The aim of this day is to raise awareness amongst those who are not on the autistic spectrum disorder so they do not see autistic people as requiring treatment, but as unique individuals.

CURRENT AFFAIRS: NATIONAL

PM Modi to launch ‘Garib Kalyan Rojgar Abhiyaan’ to boost livelihood opportunities in rural India

• The government of India has decided to launch a massive rural public works scheme ‘Garib Kalyan Rojgar Abhiyaan’ to empower and provide livelihood opportunities to the returnee migrant workers and rural citizens.
• PM Modi will launch this Abhiyaan on June 20 through video-conference in the presence of the Chief Minister and Deputy Chief Minister of Bihar.
• The Abhiyaan will be launched from Village – Telihar, Block- Beldaur of Khagaria District of Bihar. Further, the Chief Ministers of other five States and Union Ministers of concerned Ministries will also participate in the virtual launch.
• The villages across 116 districts in the six States will join this programme through the Common Service Centres and Krishi Vigyan Kendras, maintaining the norms of social distancing in the wake of the Covid-19 pandemic.
• The Abhiyaan will be a coordinated effort between 12 different Ministries/Departments, namely, Rural Development, Panchayati Raj, Road Transport & Highways, Mines, Drinking Water & Sanitation, Environment, Railways, Petroleum & Natural Gas, New & Renewable Energy, Border Roads, Telecom and Agriculture.

CURRENT AFFAIRS: INTERNATIONAL

India elected as non-permanent member of UN Security Council for a two-year term

• India was elected as a non-permanent member of the UN Security Council for a two-year term after winning 184 votes in the 193-member General Assembly. Along with India, Ireland, Mexico and Norway also won the Security Council elections. India was a candidate for a non-permanent seat from the Asia-Pacific category for the 2021-22 term. Its victory was certain as it was the sole candidate vying for the lone seat from the grouping. New Delhi’s candidature was unanimously endorsed by the 55-member Asia-Pacific grouping in June last year.
• India’s two year term will begin on January 1, 2021. This is the eighth time that India will sit at the UN high-table, which comprises five permanent members and 10 non-permanent members.
• Earlier this month, External Affairs Minister Dr. S Jaishankar had stated that India’s approach at the UN Security Council will be guided by the tenets of Samman, Samvad, Sahyog, Shanti and Samriddhi. He had stated that India’s overall objective during the fresh tenure in the UN Security Council will be the achievement of N.O.R.M.S. which stands for New Orientation for a Reformed Multilateral System.

Current Affairs Today 17th June 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

International Day of Family Remittances

• The International Day of Family Remittances (IDFR) is a universally-recognized observance adopted by the United Nations General Assembly and celebrated every year on 16 June.
• This year International Day of Family Remittances is celebrated under the theme:“remittances are a lifeline”.
• In March 2020, the UN Secretary-General called for global solidarity in responding to the coronavirus crisis stating “remittances are a lifeline in the developing world – especially now”.

World Day to Combat Desertification and Drought

• The World Day to Combat Desertification and Drought is a United Nations observance each on June 17.
• Its purpose is to raise awareness of the presence of desertification and drought, highlighting methods of preventing desertification and recovering from drought.
• World Day to Combat Desertification and Drought 2020 Theme is “Food. Feed. Fibre”

 CURRENT AFFAIRS: BANKING AND FINANCE

AIIB approves $750 million loan for India’s COVID-19 response

• Beijing-based Asian Infrastructure Investment Bank (AIIB) stated it has approved a USD 750 million (around Rs 5,714 crore) loan to India to help the government strengthen its battle against the adverse impact of COVID-19 on poor and vulnerable households.
• Cofinanced with the Asian Development Bank, the budgetary support will go toward bolstering economic aid for businesses, including for the informal sector, expanding social safety nets for the needy, and strengthening the country’s health care systems, the multilateral agency stated.
• The disruption in economic activities threatens to impact poor households disproportionately, especially women, many of whom are employed in the informal sector, stated AIIB.
• AIIB’s total sovereign loans to India that have already been approved amount to USD 3.06 billion, including a recent USD 500 million COVID-19 emergency response.
• The current loan will be the second for India under AIIB’s COVID-19 Crisis Recovery Facility (CRF).
• While AIIB does not have a regular instrument for policy-based financing, the Bank is extending such financing on an exceptional basis under the CRF to support its members through projects cofinanced with the World Bank or the Asian Development Bank.
• As per the statement, AIIB is currently reviewing projects from its members.

About AIIB:

• Headquarters: Beijing, China
• President: Jin Liqun

Current Affairs Today 16th June 2020| Current Affairs News

CURRENT AFFAIRS: NATIONAL

4oth GST Council Meeting Highlights 2020

• The Centre has announced a rate cut for small taxpayers, adding that no late fees would be charged in case of late filing of returns for the period between July 2017 to January 2020 by those without tax liabilities.
• If GST rates are increased on non-essential items, it will further bring down their demand and impede the overall economic recovery.
• The 40th meeting of the GST Council, headed by Finance Minister Nirmala Sitharaman, will be held through video conference. The 39th meeting of GST Council held in March discussed the impact of coronavirus on the economy.

About MoF

• Minister of Finance and Corporate Affairs- Nirmala Sitharaman
• Constituency- Karnataka

India launches maiden gas exchange

• India launched its maiden gas exchange.
• Indian Energy Exchange, the country’s largest electricity trading platform, is the parent of the gas exchange, and had been planning to set up the nation’s first natural gas exchange to tap into the increasing demand for clean fuel.
• Dharmendra Pradhan, minister of petroleum and natural gas, launched the exchange online.
• According to the International Energy Agency global gas demand is expected to fall by 4%, or 150 billion cubic metres (bcm), to 3,850 bcm this year – twice the size of the drop following the 2008 global financial crisis.
• India, along with China, is expected to be a significant driver of demand for natural gas post 2021. Being the biggest emitter of greenhouse gases after the US and China, India aims to achieve emission reduction targets pledged at the 21st session of the Conference of the Parties (CoP) in Paris by promoting the use of natural gas and green fuel.
• This budget, finance minister Nirmala Sitharaman announced plans for expansion of the National Gas Grid to 27,000 km from the present 16,200 km to help deepen gas markets in India.
• According to analysts, a gas trading hub will help people buy and sell gas directly.
• The exchange will help bring down the price of natural gas through competitive trade, boosting usage in the country that relies heavily on cheaper coal for its energy needs.

About MoPNG

Current Affairs Today 14th & 15th June 2020| Current Affairs News

CURRENT AFFAIRS: DAYS

World Blood Donor Day

• World Blood Donor Day is observed on 14 June every year to raise awareness about the urgency of blood donations all over the world and to acknowledge and appreciate blood donors for their support.
• The event was organised for the first time in 2005, by a joint initiative of World Health Organisation, the International Federation of Red Cross and Red Crescent Societies.
• The theme for the Blood donor day 2020 is ‘Safe Blood Saves Lives’ which would be promoted with the slogan ‘Give blood and make the world a healthier place.’

World Wind Day

• Global Wind Day is a worldwide event that occurs annually on 15 June. It is a day for discovering wind, its power and the possibilities it holds to change our world.
• It is a day when wind energy is celebrated, information is exchanged and adults and children find out about wind energy, its power and the possibilities it holds to change the world.

World Elder Abuse Awareness Day

• World Elder Abuse Awareness Day takes place every year on 15 June as designated by the United Nations General Assembly.
• The theme for WEAAD 2020 is “Building Strong Supports for Elders.”

CURRENT AFFAIRS: NATIONAL

MoS Dr Jitendra Singh inaugurates 18th Bench of CAT for UTs of J&K, Ladakh

• Minister of State for Personnel, Public Grievances and Pensions,  Dr Jitendra Singh inaugurated the 18th Bench of Central Administrative Tribunal (CAT) for the Union Territories of Jammu and Kashmir and Ladakh through a Video Conference.
• Singh stated, the setting up of CAT Bench of Jammu to deal exclusively with service matters of government employees would go a long way in not only reducing the burden of various Courts but also provide to the persons covered by the Administrative Tribunals speedy relief in connection to their grievances and service matters.
• He stated that more than 800 Central laws, which were not applicable to Jammu and Kashmir have been made applicable since the abolition of Article 370 and 35A on 5th August last year.
• He stated, now the people of Jammu and Kashmir and Ladakh  enjoy same rights as people from the rest of the country.
• Singh also expressed hope that pendency of about 30 thousand  cases would be resolved in a time bound and judicious manner.
• The Minister stated that all three important agencies of DoPT-  CAT, Central Information Commission and Central Vigilance Commission are now operational in Union Territories of Jammu and Kashmir and Ladakh.

MoDNE:

• Minister of State (Independent Charge) for the Ministry of Development of North Eastern Region and Minister of State for Prime Minister’s Office; Personnel, Public Grievances and Pensions; Department of Atomic Energy and Department of Space- Dr. Jitendra Singh
• Constituency: Udhampur, J&K

Govt launches AarogyaPath portal for healthcare supply chain

• AarogyaPath, a web based solution for the healthcare supply chain was launched to serve manufacturers, suppliers and customers to effectively deal with the Covid-19 pandemic. This national healthcare supply chain portal will remove supply chain bottlenecks during the Covid-19 pandemic.
• The vision of this initiative is to set up an information management and forecasting database platform at national level. It will capture demand and supply scenarios for key healthcare needs items. This public platform will help healthcare users like hospitals, pathology laboratories, research institutes, medical colleges and patients.
• It will also provide seamless access to suppliers, manufacturers and importers for prevailing needs and demand related to medical equipment, diagnostic instruments, drugs, Personal Protective Equipment, respiratory assistance devices.
• Council of Scientific and Industrial Research, CSIR stated that AarogyaPath will become the national healthcare information platform of choice in the years to come. It stated it will fill a critical gap in last-mile delivery of patient care within India through improved availability and affordability of healthcare supplies.

IBBI reconstitutes advisory panel on corporate insolvency resolution process

• The insolvency regulator IBBI has reconstituted the Advisory Committee on Corporate Insolvency Resolution and Liquidation process. This panel, which would be chaired by Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank, comprises of 13 members besides the Chairman.
• This Advisory Committee will advise and provide professional support— on a request from the IBBI or on its own volition—on any matter relating to the Corporate Insolvency resolution and liquidation dealt with by the Board under the Insolvency and Bankruptcy Code 2016, official sources stated.
• Most members will have a term of three years—up to June 11, 2023. The members of this high-powered panel include Ajay Piramal, Chairman, Piramal Group & Shriram Group; Ashish Kumar Chauhan, Managing Director & CEO, BSE Limited; Ashu Suyash, Managing Director & CEO, CRISIL; M.V. Nair, Chairman, Credit Information Bureau (India) Limited; R Shankar Raman, Wholetime Director & Chief Financial Officer, Larsen & Toubro Limited; Rashesh Shah, Chairman & CEO, Edelweiss Group and Somasekhar Sundaresan, a Legal Counsel.
• The Insolvency and Bankruptcy Board of India (IBBI) had earlier constituted the Advisory Committee on Corporate Insolvency and Liquidation in August 2017. Uday Kotak was Chairman of this panel on that occasion too.

About IBBI:

• Formed: 1 October 2016
• Headquarters: New Delhi
• S. Sahoo: Chairperson

Detailed Syllabus for SEBI Grade A Officer 2020 [Phase 1&2] – Topic-Wise

SEBI Grade A Exam Pattern 2020

SEBI Grade A Prelims Exam Pattern (Phase 1)

SEBI has introduced a change in the exam pattern effective this year. The changes are done in the paper pattern for Prelims and mains. You can go ahead and give it a read to understand better.

The SEBI Recruitment 2020 Phase 1 Exam has the following sections. The details of the sections and the number of questions are in the below table –

Paper	Streams/ Subjects	Maximum Marks	Duration	Cut off
Paper 1	All Streams:  Multiple choice questions on the subjects viz. 1. General Awareness (including some questions related to  Financial  Sector of easy to moderate difficulty level), 2. English   Language, 3. Quantitative Aptitude 4.Test of Reasoning.	100	60 minutes	30%
Paper 2	General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics.	100	40 minutes	40%
	Legal, Information Technology, Engineering Stream (Civil & Electrical), Official Language stream: Multiple choice questions on Specializedsubject related to the stream.	100	40 minutes	40%
	Research Stream:- Multiple choice questions on subjects   Economics,   Econometrics,   Statistics, Finance, and Commerce.
Aggregate Cut off				40%