Current Affairs 24 September 2020

We are here for you to provide the important Recent and Latest Current Affairs 24 September 2020, which have unique updates of Latest Current Affairs 2020 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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Top 25 Current Affairs of 24 September 2020

INTERNATIONAL AFFAIRS

Nepal and India begin Join Security Patrol along Border in Kapilvastu district

On September 21, 2020 The Security forces of Nepal and India have started a joint security patrol at the Nepal-India Border in Kapilvastu district, Nepal. The patrol has been started with a motive to control the spread of COVID-19 and keep in check the illegal cross-border activities at the Nepal-India Border.  The Krishnanagar Municipality of the Kapilvastu district is a major point of transit along the Nepal-India Border.
i.Nepal Police, Armed Police Force of Nepal and Seema Suraksha Bal of India began the patrol on borders on 19th September, 2020.
ii.The Joint security patrol will consist of twenty-six security personnel each from both sides.
iii.Nepal’s Central Committee of COVID-19 Crisis Management Centre will seal the Nepal-India border until November 14, 2020. 
iv.The Indian side is also committed to tightening security along the Nepal-India border to control criminal activities.
About Nepal:
Prime Minister -Khadga Prasad Sharma Oli (known as KP Sharma Oli)
Capital – Kathmandu

Piyush Goyal Attended Virtual G-20 meeting of Trade and Investment Ministers; India says No to DFFT

i.On September 22, 2020, the virtual G-20 (Group of Twenty) Trade and Investment Ministers under the Saudi Arabia Presidency was held where India was represented by Union Commerce and Industry & Railways Minister, Piyush Vedprakash Goyal.  The objective of the meet was the further strengthening of G20 trade and investment cooperation.
ii.During the meet, Piyush Goyal cleared that India is not in a position to accept the concept of Data Free Flow with Trust (DFFT) as there is a need for policy to finalize laws around digital trade and data.
About G-20 or Group of Twenty:
Composition– 19 countries and the European Union (EU)
The 19 countries are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, the Russian Federation, Saudi Arabia, South Africa, South Korea, Turkey, the UK, and the US.
2020 Presidency– Saudi Arabia
2020 theme– Realizing Opportunities of the 21st Century For All
Chairman– Saudi Arabian King Salman bin Abdulaziz Al Saud (2020)
<<Read Full News>>

Indo-Nepal Launched Website on GoI Assisted post-earthquake reconstruction initiatives in Nepal’s eEducation Sector

i.On September 22, 2020, India and Nepal unveiled a dedicated website (www.goicbrinepal.com) for all information related to education projects under GOI-assisted post-earthquake reconstruction initiatives in Nepal.  The website, available in both English and Nepali versions, was launched by Indian Ambassador to Nepal Vinay Mohan Kwatra and Sushil Gyewali, Chief Executive Officer (CEO) of National Reconstruction Authority (NRA) of Nepal through video conference.
ii.The website has been conceptualized and developed by the Central Building Research Institute (CBRI), Roorkee under India’s Council of Scientific & Industrial Research (CSIR). 
iii.Notably, CBRI, Roorkee, is the Design and Project Management Consultant for the education projects.
About Nepal:
Capital– Kathmandu
Prime Minister– Khadga Prasad Sharma Oli
President– Bidhya Devi Bhandari
<<Read Full News>>

India’s iCreate inked MoU with Israel to Collaborate in Tech Innovation & Start-ups

i.On September 22, 2020, a Memorandum of Understanding (MoU) was signed between India’s International Centre for Entrepreneurship and Technology (iCreate) and Israel’s Start-Up Nation Central by Prof. Eugene Kandel, Chief Executive Officer (CEO) of Start-Up Nation Central from Jerusalem and Anupam Jalote, CEO of iCreate from Ahmedabad (Gujarat) in the presence of Dr. Ron Malka, Israel’s Ambassador to India and Yaakov Finkelstein, Israel’s Consul General in Mumbai (Maharashtra).
ii.This MoU has been signed to initiate a bilateral program to boost innovation and technology cooperation by collaborating Israeli and Indian entrepreneurs, startups and corporates on innovative projects.  
iii. Importantly, Israel has the most startups per capita worldwide, and India is the top innovation destination in Asia.
About Israel:
Capital– Jerusalem
Currency– Israeli Shekel
President– Reuven “Ruvi” Rivlin
<<Read Full News>>

BANKING & FINANCE

Bajaj Finserv Launched “Bajaj Finserv Health Ltd (BFHL)”, Health Tech Solutions Business

i.On September 22, 2020, Non-Banking Financial Company (NBFC) Bajaj Finserv stepped into the healthcare sector by launching health tech solutions business “Bajaj Finserv Health Ltd (BFHL)” as its fully-owned subsidiary. 
ii.This new venture will offer “Aarogya Care” an industry-first product, providing preventive, personalised, prepaid health care packages.
iii. Notably, this venture is using mobile-first approach as “Bajaj Finserv Health App” acts as a personalised health manager, offering consumers a one-stop destination to avail convenient, connected and cost-effective health solutions.
About Bajaj Finserv:
Chairman and Managing Director (CMD)– Sanjiv Bajaj
Headquarter– Pune, Maharashtra
Chatbot– Blu
<<Read Full News>>

ECONOMY & BUSINESS

NSE and SGX Signs Pact to Confirm Key Terms to Operationalise NSE IFSC-SGX Connect

i.On September 22, 2020 Singapore Exchange Ltd (in short- SGX) and National Stock Exchange of India Ltd. (inshort- NSE) signed a formal agreement in order to confirm the key terms to operationalise the NSE International Financial Service Centre (IFSC)-SGX Connect. 
ii.NSE IFSC-SGX Connect unites international and Gujarat International Finance Tec-City (GIFT) participants to create a large liquidity pool for Nifty products in GIFT City.
iii.The arbitration proceedings will be withdrawn by NSE and SGX, which started after a dispute that erupted in 2018, regarding the trading of Indian stock-based derivatives in Singapore.
About National Stock Exchange of India Ltd.(NSE):
HeadQuarters– Mumbai, Maharashtra
Managing Director(MD) and Chief Executive Officer(CEO)– Vikram Limaye
About Singapore Exchange Limited(SGX):
HeadQuarters– Singapore
CEO– Loh Boon Chye 
<<Read Full News>>

India’s Economy to Contract by 5.9% and Global Economy to Contract by 4.3% in 2020: UNCTAD Report

i.On September 22, 2020 As per the United Nations Conference on Trade and Development (UNCTAD)’s Trade and Development Report 2020– From global pandemic to prosperity for all: Avoiding another lost decade, global economy is expected to contract by 4.3%(-4.3%) in 2020, with global output falling short by over USD 6 trillion of the estimates by the economists before the spread of COVID-19.
ii.It also has projected India’s economy to contract by 5.9%(-5.9%) in 2020 and expects the economy to rebound to 3.9% in 2021.

• -5.9% is expected to be translated into a permanent income loss.

About United Nations Conference on Trade and Development(UNCTAD):
Secretary-General– Mukhisa Kituyi of Kenya( 7th Secretary-General)
HeadQuarters–  Geneva, Switzerland
<<Read Full News>>

AWARDS & RECOGNITIONS        

Colombian Journalist Jineth Bedoya Lima won the Golden Pen of Freedom Award 2020 of WAN-IFRA

On 16th September 2020, Colombian Journalist Jineth Bedoya Lima was honoured with the prestigious Golden Pen of Freedom Award 2020, an annual press freedom award of the World Association of News Publishers(WAN-IFRA).
The award was presented to recognise her contribution towards promoting and protecting women rights and her courage to overcome her personal tragedy which inspires other women across the globe.
About Jineth Bedoya Lima:
i.Jineth Bedoya Lima is the deputy editor for El Tiempo Newspaper, Colombia.
ii.She has reported on drug trafficking and women rights issues and armed conflicts of Colombia for more than 20 years, which earned her a Nobel Peace Prize nomination in 2016.
iii.She launched the campaign “No Es Hora De Callar” (It is Not Time to be Silent) in 2009 to condemn chronic and systemic impunity in cases of sexual violence within Colombia’s internal war.
Awards:
i.She was honoured with the 2020 UNESCO/Guillermo Cano World Press Freedom Award in April 2020.
ii.She won the Press Freedom Grand Prix from the Inter-American Press Association (SIP- Sociedad Interamericana de Prensa) in August 2019.
iii.She also received the Canadian Journalists for Free Expression (CJFE) International Press Freedom Award and International Women’s Media Foundations(IWMF) Courage in Journalism Award in 2001.
About WAN-IFRA (World Association of Newspapers and News Publishers):
CEO– Vincent Peyrègne
Headquarters– Paris, France & Frankfurt, Germany

APPOINTMENTS & RESIGNATIONS      

RBI Appoints AK Dixit as New Administrator of PMC Bank; Succeeds J.B. Bhoria

i.Reserve Bank of India (RBI) appointed AK Dixit, ex-General Manager of Union Bank of India(UBI) as the new administrator of Punjab and Maharashtra Cooperative (PMC) Bank Limited with effect from September 23, 2020. 
ii.He succeeds J.B. Bhoria, ex-chief general manager with the central bank who stepped down from the post of administrator on September 22, 2020, due to health reasons.
iii.Surinderpal Singh Ram Singh has been appointed as the Chief Executive Officer(CEO) of PMC bank limited with effect from September 11, 2020. He succeeds Shiny Mithbaokar, who was relieved from September 10, 2020.
About Punjab and Maharashtra Cooperative (PMC) Bank Limited 
CEO– Surinderpal Singh Ram Singh
HeadQuarters– Mumbai, Maharashtra
<<Read Full News>>

17-year-old girl Khushi Chindaliya appointed UNEP’s Green Ambassador in India

On September 21, 2020 Khushi Chindaliya, a 17-year-old girl from Surat, Gujarat has been appointed as Regional Ambassador (RA) for India for the United Nations Environment Programme (UNEP) Tunza Eco-Generation (TEG), which is scheduled to take place in September, 2020. 
i.Khushi’s interest in nature and conservation of environment and her conservation efforts has helped Chindaliya to bag the role of Regional Ambassador of UNEP-TEG.  She started looking for ways to conserve nature, after she saw the greenery around her hometown change into a concrete jungle.
ii.As Regional Ambassador, she will work on various awareness projects with TEG till February 2021. 
About United Nations Environment Programme (UNEP):
Executive Director – Inger Andersen
Headquarters – Nairobi, Kenya
<<Read Full News>>

Alexander Lukashenko, President of Belarus Sworn in for 6th Term

On September 23, 2020 President of Belarus(officially the Republic of Belarus), Alexander Lukashenko(Alexander Grigoryevich Lukashenko or Alyaksandr Ryhoravich Lukashenka), the 66-year-old sworn in for a new 5 year term(i.e., this is his 6th term) in an inauguration conducted with no prior announcement. He is an independent or nonpartisan politician. He won this election in alliance with Belaya Rus.

• The ceremony was held in Minsk, Capital of Belarus, where hundreds of top government officials were present.
• The long-serving Belarusian leader claimed a landslide victory in a disputed election on August 9, 2020.

Note– In this election he took approximately 80% of the vote and his opposition candidate Sviatlana Tsikhanouskaya took about 10% of the vote.
About Alexander Lukashenko:
i.Alexander Lukashenko is holding the post of president of Belarus since the establishment of the office 26 years ago, on 20 July 1994.
ii.Prior to his political career, he worked as the director of a state farm (sovkhoz), and served in the Soviet Border Troops and in the Soviet Army.
iii.To support him, Belaya Rus, a Belarusian public association was founded on November, 17 2007.
About Belarus:
Capital– Minsk
Currency– Belarusian Ruble    

Former Rebel Commander Ishmael Toroama elected as the President of Bougainville

i.On 23rd September 2020, Ishmael Toroama, former rebel military commander and leader of Bougainville People’s Alliance Party(BPAP) was elected as the President of Bougainville, an autonomous region of Papua New Guinea(PNG), replacing the long serving President John Momis He will take office on 25th September 2020.
ii.Toroama defeated 24 candidates with 48766 votes, under the preferential voting system, the absolute majority has fallen to 39728.
iii.This is the first General Election of Bougainville since its independence from PNG in December 2019.
About Bougainville:
Capital– Buka 
Currency–  Papua New Guinea kina 
<<Read Full News>>

ACQUISITIONS & MERGERS        

KKR Picks up 1.28% Equity Stake of Reliance Retails for Rs.5550 Crore Investment

i.On 23rd September 2020, Reliance Industries limited(RIL) announced that KKR, a global investment firm, will pick up 1.28% equity shares of RIL subsidiary Reliance Retail Ventures Limited(RRVL) by investing Rs.5550 crores.
ii.The investment of KKR will translate into a 1.28% equity stake in RRVL on a fully diluted basis.
iii.KKR’s investment will support RRVL to become India’s leading multi-channel retailer and support RRVL to build an inclusive retail economy in India.
About KKR (Kohlberg Kravis Roberts):
Co-Founders, Co-CEOs & Co-Chairmen– Henry Kravis & George R. Roberts
Headquarters– New York, United States of America
About Reliance Industries Limited(RIL):
Founder Chairman– Dhirubhai Ambani
Chairman & MD(CMD)– Mukesh Dhirubhai Ambani
Headquarters– Mumbai, Maharashtra
<<Read Full News>>

CCI Approved Acquisition of 100% Equity Shares of Medlife by API Holdings 

i.On September 23, 2020 The Competition Commission of India (CCI) has approved an acquisition of 100% equity shares of Medlife International Private Limited (Medlife) by API Holdings Private Limited (API Holdings), the parent of PharmEasy and as consideration, the acquisition of up to 19.59% of the equity share capital of API Holdings on a fully diluted basis, by the Medlife Promoter Shareholders and other shareholders of Medlife. 
ii.The Approval was given under the Section 31(1) of the Competition Act, 2002.
About Competition Commission of India (CCI):
Headquarters– New Delhi, India
Chairperson– Ashok Kumar Gupta
<<Read Full News>>

SCIENCE & TECHNOLOGY

DRDO conducts successful flight test of ABHYAS from Odisha Test Range

On September 22, 2020 Defence Research and Development Organisation (DRDO) successfully conducted the flight test of ABHYAS — High Speed Expendable Aerial Target (HEAT) from the Interim Test Range, Balasore, Odisha.
i.ABHYAS is designed and developed by Aeronautical Development Establishment (ADE) of DRDO.
ii.The ABHYAS vehicle is a drone and can be used as a target for evaluation of various missile systems.  
iii.This is the second time that the target vehicle (ABHYAS) was successfully tested. The first successful test was conducted in May 2019.
About Defence Research and Development Organisation (DRDO):
Chairman – Dr. G. Satheesh Reddy
Headquarters – New Delhi
<<Read Full News>>

India’s 1st Commercial Indigenously Developed Sonar Dome to be Mounted on P15 Alpha Warship

i.In July 2018, Goa-based composites manufacturing company Kineco Limited became the first Indian company to manufacture indigenous composites sonar dome after it was flagged off by  the then Union Defence Minister Late Manohar Parrikar to be delivered to Mazagon Dock Shipbuilders Limited (MDL) Mumbai (Maharashtra). 
ii.Now after two years, on September 23, 2020, Kineco manufactured sonar dome again flagged off to MDL, Mumbai by Goa Chief Minister, Pramod Sawant for its mounting on the Indian Navy’s Kolkata and Visakhapatnam-class stealth destroyers of Indian Navy, P15 Alpha for the first time. 
iii.It has been designed by Research and Development Establishment (Engineers), a Defence Research and Development Organisation (DRDO) laboratory based in Pune (Maharashtra).
About Goa:
Capital– Panaji (Panjim)
Governor– Bhagat Singh Koshyari
<<Read Full News>>

DRDO Successfully Test Fires Laser-Guided Anti-Tank Guided Missile

On September 22, 2020 Defence Research and Development Organisation (DRDO) successfully test fired the Indigenously developed Laser Guided Anti-Tank Guided Missile (ATGM) from Main Battle Tank (MBT) Arjun at the Armoured Corps Centre and School (ACC&S), KK Ranges in Ahmednagar, Maharashtra. The missile had hit a target of upto 3Km in these tests. 
Usage:
The missile will be designed to destroy modern as well as future enemy battle tanks. 
Development Agencies:
Pune based DRDO facilities Armament Research & Development Establishment (ARDE) and High Energy Materials Research Laboratory (HEMRL) developed the missile in collaboration with DRDO Laboratory Instruments Research & Development Establishment (IRDE) in Dehradun. 
About Defence Ministry:
Defence Research and Development Organisation (DRDO) is an agency under the Ministry of Defence.
Union Minister – Rajnath Singh
Minister of State (MoS) – Shripad Yesso Naik
<<Read Full News>>

OBITUARY

Nepalese Mountaineer “Snow Leopard” Ang Rita Sherpa Passed Away at 72

On 21st September 2020, Ang Rita Sherpa, the Nepalese Mountaineer who scaled Mount Everest, the world highest peak, 10 times without bottled oxygen passed away at the age of 72 at his residence in Kathmandu, Nepal due to brain and liver ailments. He was born on 27th July 1948 in Solukhumbu, Nepal.
Ang earned the nickname “Snow Leopard” for his mountaineering skills and adventures. 
Guinness World Records of Ang Rita Sherpa:
i.Guinness World Record recognised Ang Rita Sherpa with a certificate in 2017 for making the most number of ascents on Mt Everest (8,848 meter) without supplemental oxygen between 1996 and 1983.
ii.He was also recognised as the first man to climb Mt Everest in winter without supplemental oxygen on 22nd december 1987.

Veteran Marathi Actor Ashalata Wabgaonkar Passed Away at 79

On 22nd September 2020, Veteran Marathi actor Ashalata Wabgaonkar, passed away at the age of 79 at Satara, Maharashtra after testing positive for COVID-19.  Ashalata Wabgaonkar was born on 2nd July 1941 in Goa.
About Ashalata Wabgaonkar:
i.She made her theater debut as Revathi in the play “Sanshaykallol”.
ii.She made her debut in the film industry with the hindi movie “Apne Paraye” directed by Basu Chatterjee.
iii.During her 40 years’ career in Marthi film industry and theaters she starred in more than 100 movies including Ankush, Ahista Ahista, Woh Saat Din, Shaukeen, Namak Halaal and Yaadon Ki Kasam.

IMPORTANT DAYS

International Day of Sign Languages (IDSL) observed on September 23, 2020

United Nations’ (UN) celebrates the International Day of Sign Languages (IDSL) annually on September 23. It is observed to support and protect the linguistic identity and cultural diversity of all deaf people and other sign language users. The year 2020 marks the 3rd edition.
i.The Theme for International Day of Sign Language 2020 is – “Sign Languages are for everyone!”.
ii.The day corresponds with International Week of the Deaf, which is taking place from 21st September – 27th September, 2020.
About World Federation of the Deaf (WFD):
President – Joseph J Murray
Headquarters – Helsinki, Finland
<<Read Full News>>

STATE NEWS

Rajasthan Government approves ‘Moksha Kalash Yojana 2020’ 

On September 22, 2020 Rajasthan Chief Minister Ashok Gehlot gave approval for the scheme ‘Moksha Kalash Yojana-2020’, which allows free bus travel to two members of a family to immerse ashes of their loved ones in River Ganga in Haridwar. 
i.Rajasthan State Road Transport Corporation will run the scheme and the expenses will be borne by the Devasthan Department, Rajasthan Government. 
ii.Online registration of passengers, arrangements for transport and facilities provided during the travel will be carried out by Rajasthan State Road Transport Corporation.
Beneficiaries:
i.Everyone can avail the scheme except income taxpayers and government employees.
ii.A maximum of two members of the family of the deceased will be allowed to travel free with the ashes.
About Rajasthan:
Nuclear Power Station – Rajasthan Atomic Power Station (RAPS), Rawatbhata, Rajasthan.
Stadiums – Udaipur International Cricket Stadium (Udaipur), Sawai Mansingh Stadium (Jaipur).

AC GAZE

New Zealand to be first in the world to require climate risk report

New Zealand will be the First country in the world to introduce Climatic Financial Report for companies to tackle the climate crisis, the new regime will be in the form of Compilation or Explanation based on the framework of Task Force on Climate related Financial Disclosures(TCFD). Other countries like Australia, Canada, United Kingdom, France, Japan and the European Union are all working to form Climate risk report.

AP CM launches “AP Police Seva App” to file complaint online

Andhara Pradesh Chief Minister Y S Jagan Mohan Reddy has launched the mobile application “AP Police Seva” to lodge complaints online and to monitor the status of the complaint. Police Seva app offers 87 types of services including detection of fake news connecting all police stations across the state.

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