Today Current Affairs for Competitive Exams - Current Affairs 2020-2021 Online - Testbook.com
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Today Current Affairs for Competitive Exams - Current Affairs 2020-2021 Online Blackstone set to buy Piramal Glass The Finance Ministry informed that banks have sanctioned loans worth ₹2,05,563 crore to about Blackstone has agreed to acquire Piramal Glass, 81 lakh accounts under the ₹3-lakh crore the glass packaging business of the diversified Emergency Credit Line Guarantee Scheme (ECLGS) Piramal Group, at an enterprise value of $1 for the MSME sector. billion. 40 lakh MSME accounts have received ₹1,58,626 Blackstone will execute the deal in two tranches, crore till Dec 4, 2020. as part of the agreement signed between the two The loans provided under ECLGS 2.0 will have a parties. five-year tenor, with a 12-month moratorium on It will first pay $850 million and assume repayment of principal. ownership and management control of Piramal Glass. Canara Bank raises ₹2,000 crore via QIP PSLV-C50 to launch satellite CMS-01 Canara Bank has successfully raised ₹2,000 cr equity capital by issuing over 19 cr shares to The launch of communication satellite CMS-01 eligible investors. onboard the Polar Satellite Launch Vehicle (PSLV- LIC emerged as the largest investor in the bank's C50), is scheduled on 17 Dec'20 from the Satish qualified institutional placement (QIP) issue. Dhawan Space Centre at Sriharikota. The subcommittee of the board has approved CMS-01 is a communication satellite envisaged for allotment of 19,32,36,714 equity shares to eligible providing services in Extended-C Band of the qualified institutional buyers (QIBs) at an issue frequency spectrum. price of ₹103.50 per equity share The Extended-C Band coverage will include Indian mainland, Andaman-Nicobar and Lakshadweep UGC, AICTE will be merged in 2021 Islands. The union government will merge all the higher AstraZeneca partners with RDIF education regulators including the University Grants Commission (UGC) and All Indian Council AstraZeneca plc has partnered with Russia’s for Technical Education (AICTE) to create a single Gamaleya Research Institute, Russian Direct education commission in 2021. Investment Fund (RDIF) and R-Pharm. Structural reform in the education sector will It will conduct a clinical trial to assess the safety happen in 2021. and immunogenicity of a combination of their Several reforms including the introduction of a respective adenovirus-vector vaccines AZD1222 single entrance test for admission will be and Sputnik V. executed. The trial will begin enrolling adults aged 18 and older. ICICI Prudential's AUM cross ₹2 lakh crore Banks sanction ₹2.05 lakh cr to MSMEs 1|Page
ICICI Prudential Life Insurance company’s Assets temple in Ayodhya as well as the culture, tradition under Management (AUM) have crossed ₹2 lakh and art related to the temple town. crore in its 20th year. The tableaux theme for 2021 is titled 'Ayodhya: The company started operations 20 years ago Cultural Heritage Uttar Pradesh'. with the issuance of policies to seven It will also exhibit a glimpse of the 'Deepotsav' in underprivileged children. Ayodhya. It had an AUM of approximately ₹100 crore in FY The proposal sent from the UP government has 2001, which grew to about ₹50,000 crore in also been approved. FY2010. Sustainable Mountain Development Summit Julien Geffard to head Ola's EV business The ninth edition of the Sustainable Mountain Ola has appointed Julien Geffard to lead Development Summit (SMDS) in Dehradun began Ola's electric vehicle (EV) business in Europe. on 11 December 2020. Geffard has been appointed as the Director of the The theme for the year 2020 is Emerging go-to-market strategy for its electric business in Pathways for Building a Resilient Post COVID-19 Europe to leverage the company's plans to enter Mountain Economy, Adaptation, Innovation and new markets with its soon-to-be-launched two- Acceleration. wheeler EVs. The summit will focus on the overall objective of The company plans to roll out its EV scooters in building pathways toward a resilient and the first quarter of 2021. sustainable mountain economy. Multiples Private Equity sells 2.17% stake Rs 25 crore for Dajipur Sanctuary Multiples Private Equity has sold 12 lakh shares or Maharashtra CM Uddhav Thackeray has 2.17% of PVR Ltd for ₹176 crore in an open announced that 25 crore rupees will be provided market transaction. in the first phase for the development of Dajipur Multiples Private Equity Fund and Multiples Sanctuary. Private Equity Fund I Ltd sold 3.07 lakh shares and The sanctuary is part of the Radhanagari Wildlife 8.93 lakh shares respectively at an average price Sanctuary in Kolhapur district. of ₹1470 aggregating to ₹176.41 crore. He also directed that a plan regarding On the other hand, Ishana Capital bought 8.41 development of this sanctuary should be lakh shares of PVR Ltd for ₹124 crore. submitted immediately. Central Bank of India to raise up to ₹500 cr 30th Annual Global Conclave of IISSM Central Bank of India will raise up to ₹500 crores Maharashtra Governor Bhagat Singh Koshyari by issuing Basel III compliant bonds. inaugurated the 30th Annual Global Conclave of Central Bank of India reported over 20% rise in its the International Institute of Security and Safety net profit at ₹161 crore for the second quarter Management (IISSM) on 11 December 2020. that ended on 30 September 2020. The theme of the 2-day Conclave is ‘Covid -19 – The bank had posted a net profit of ₹134 crores in From Survival to Revival: Emerging Paradigms in the corresponding quarter of the previous Security and Safety Services.’ financial year. 5th round of FOCs between India and Cyprus UP's tableaux to showcase Ayodhya Mandir The fifth round of Foreign Office Consultations At the Republic Day Parade in Delhi, the tableau (FOCs) between India and Cyprus was held on 10 of Uttar Pradesh will showcase the upcoming Ram Dec 2020 through virtual mode. 2|Page
Both sides reviewed the status of agreements and The Paris Agreement is a landmark deal in the MoUs including those on defence and military multilateral climate change process. cooperation, sports, culture including ayurveda It is a legally binding international treaty on and agreed to work towards early finalisation of climate change which was adopted by 196 these agreements. Parties in Paris, on 12 Dec 2015 and came into force on 4 November 2016. 2927 Court complexes connected by WAN Andhra Pradesh signs MoU with Survey of India Around 2,927 Court complexes have been connected so far by a high-speed Wide Area The Andhra Pradesh government exchanged an Network, WAN under e-Courts Project. MoU with the Survey of India (SoI) for taking up It has led to the completion of 97.86% sites out of the land resurvey christened ‘YSR Jagananna 2,992 sites conceived to be connected with high- Saswath Bhoo Hakku-Bhoo Raksha Pathakam’, speed WAN under the project. The programme will be launched on December Many courts under the e-Courts project are 21, 2020. located in far-flung areas where the terrestrial State-of-the-art facilities such as CARS cable cannot be used for providing connectivity. technology, drones, and rovers will be used for the survey. Durga Shanker Mishra launches a programme International Day of Neutrality Housing and Urban Affairs Secretary Durga Shanker Mishra has launched a programme of Every year on December 12th, the International Socio-Economic Profiling of PM SVANidhi Day of Neutrality is celebrated. beneficiaries and their families, as an additional On February 2, 2017, the UN General Assembly component of PM SVANidhi Scheme. declared December 12th as the International Day A complete profile of each beneficiary and their of Neutrality. family members will be prepared. The resolution was introduced by the country of Based on the profiled data, benefits of the various Turkmenistan. eligible Central Schemes would be extended to This country had been recognized as a them. permanently neutral state since December 12th, 5th India-Myanmar Bilateral Meeting 1995. India's first mRNA vaccine for Covid-19 The 5th India-Myanmar Bilateral Meeting on Drug Control Cooperation between the Narcotics India's first indigenous mRNA vaccine candidate Control Bureau, India and the Central Committee has received approval from the Drug Controller on Drug Abuse Control, Myanmar was held General of India to initiate Phase I/II human virtually on 10 Dec 2020. clinical trial. Both countries agreed on the exchange of mRNA-based vaccines are scientifically the ideal intelligence information in a timely manner to choice to address a pandemic because of their conduct follow-up investigations in drug seizure rapid developmental timeline cases. The novel mRNA vaccine candidate, HGCO19 has The 6th meeting will be held in India in 2021. been developed by Genova, a company based in PM addresses Global Climate Summit Pune. Hyundai Motor buys 80% stake in a robot firm PM Narendra Modi addressed the Global Climate Summit on 12 Dec 2020 on the occasion of the Hyundai Motor Group agreed to buy a controlling fifth anniversary of the landmark Paris Climate stake in Boston Dynamics Inc. in a deal that values Agreement. the mobile robot firm at $1.1 billion. 3|Page
Hyundai Motor Group, along with some Three frog and one shark species have vanished, associated companies and Chairman Euisun and Amazonian dolphin and oak trees are Chung, will acquire an 80% interest in the U.S. threatened with extinction. robotics company from SoftBank Group Corp., EU agrees on tougher climate goals for 2030 leaving the Japanese firm with a 20% share. EU leaders agreed to set an ambitious target to Eric Yuan Time's Businessperson of year 2020 cut greenhouse gas emissions by 55% compared CEO of Zoom, video conferencing platform, Eric to 1990 levels by 2030. Yuan has been named 'Businessperson of the Europe will reduce emissions by at least 55% by Year' by TIME for the growth of Zoom in a 2030. pandemic. It puts Europe on a clear path towards climate He began at WebEx as a coder and soon became neutrality in 2050. integral to the creation of his video-conferencing Poland, backed by some other coal-dependent platform. central European countries had been holding out Zoom’s software was released in 2013, promoting for guarantees on funding to pay for a clean a free basic service for different-size organisations energy transition. along with many paid levels. Saudi Arabia approves Pfizer-BioNTech vaccine Rahul Dubey named as TIME's 'Heroes of 2020' Saudi Arabia approved the use of the Pfizer- Indian-American Rahul Dubey, on 1 June, had BioNTech novel coronavirus vaccine. opened the doors of his home in Washington, DC, It has become the second Gulf country after to over 70 protesters who were demonstrating Bahrain to green-light the drug. against the killing of George Floyd. The Saudi Food and Drug Authority (SFDA)... has His action made him a local hero, and he has now approved the registration of Pfizer-BioNTech been hailed among the "Heroes of 2020" by the Covid-19 vaccine in the kingdom of Saudi Arabia. TIME Magazine, honouring those who "went Britain and Canada have also approved it. above and beyond the call of duty". CII announces partnership with Mastercard Maintain ₹500 balance in POSB account Confederation of Indian Industry has announced a Post office savings account: Non-maintenance of partnership with Mastercard and National minimum balance will attract charges of ₹100 plus Institute for Micro, Small & Medium Enterprises GST and it will be deducted from the account. (NI-MSME). Post office savings accounts currently offer 4% It will launch the Digital Saksham Initiative, which per annum while the minimum amount required is an expansive program designed to strengthen for account opening is ₹500. the competitiveness of MSMEs through digital India Post offers several small savings schemes, knowhow and acceptance. commonly known as post office saving schemes. This collaboration aims to educate and train IUCN lists 31 species as 'Extinct' MSME owners and entrepreneurs. 5th India Water Impact Summit The International Union for Conservation of Nature's Red List of Threatened Species has The 5th India Water Impact Summit (IWIS) began declared 31 animal and plant species extinct. on 10 Dec 20 with the theme of comprehensive That total includes the lost shark, listed as analysis and holistic management of local rivers critically endangered or possibly extinct, as it was and water bodies, with a focus on Arth Ganga - last recorded in 1934. river conservation synchronised development. 4|Page
It is being organised by the National Mission for A thorough health check-up was carried out by Clean Ganga and Center for Ganga River Basin microscopic examination of the faecal samples for Management and Studies (cGanga). probable parasitic load. It will continue till 15 Dec'20. Blood samples were collected from selected elephants for routine blood profile and general CII and Amazon India sign pact check-up. Confederation of Indian Industry (CII) and Amazon Biden named Time’s ‘Person of the Year’ India have signed a pact to increase the export potential of MSMEs in 10 states. Time magazine has named US President-elect Joe As part of the MoU, Amazon India will work with Biden and Vice President-elect Kamala Harris its the CII to train MSMEs in 10 states into the “Person of the Year.” building and scaling their business in India and Also, Time named the Korean boy band BTS its globally. Entertainer of the Year and named Los Angeles Amazon and CII will conduct training, workshops, Lakers star LeBron James its Athlete of the Year. and masterclasses to enable MSMEs to sell online. Time’s other Person of the Year candidates were President Donald Trump, Dr. Anthony Fauci, etc. Andhra government sets a panel ‘Jagananna Jeeva Kranthi’ launched Andhra Pradesh govt has constituted a 21- member multidisciplinary committee headed by Andhra Pradesh CM YS Jagan Mohan Reddy has the state chief secretary to investigate the launched ‘Jagananna Jeeva Kranthi’ scheme to outbreak of a mystery illness in Eluru area of West distribute 2,49,151 sheep and goat units to the Godavari. beneficiaries of YSR Cheyutha and YSR Aasara. A mystery illness has affected over 600 people in A total of Rs 1,869 crore is being spent for the the state. purpose. Those affected complained of dizziness, fainting Under the scheme, beneficiaries are free to buy spells, headache and vomiting. local sheep, goat breeds from the region of their The committee will suggest remedial measures to choice. prevent it. International Universal Health Coverage Day ADB launches $9 bn Covid-19 vaccine scheme International Universal Health Coverage Day is The Asian Development Bank (ADB) has launched observed every year on 12 December. a $9 billion initiative. On 12 December 2017, the United Nations Called the Asia Pacific Vaccine Access Facility proclaimed 12 December as International (APVAX), it will offer "rapid and equitable Universal Health Coverage Day (UHC Day) by support" to its developing members as they resolution 72/138. procure and deliver effective and safe coronavirus The day aims to raise awareness of the need for vaccines. strong and resilient health systems. ADB is also making available a Covid-19 vaccine “Health for All: Protect Everyone” is the theme for import facility to help countries secure safe and the year 2020. effective vaccines. India & Uzbekistan held a summit Elephant health camp organized in Kaziranga A virtual summit was held between Prime An elephant health camp was organised by the Minister Narendra Modi and President of Kaziranga National Park authority for the routine Uzbekistan Shavkat Mirziyoyev on 11 Dec 2020. health care of the departmental elephants of the park, on 11 Dec 2020. 5|Page
This was the first bilateral ‘Virtual Summit The leaders discussed the entire spectrum of meeting between India and a central Asian bilateral relationship, including strengthening of country. India-Uzbekistan cooperation in the post-COVID world. Attempt Daily Current Affairs Quiz 6|Page
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