Roadmap for Banking of the Future
Current Affairs 26 September 2020
Daily Current Affairs 26 September 2020: This post contains the latest current affairs for 26 September 2020 that are important for all competitive exams like Bank, SSC, IBPS, SBI exams. You can also attempt our Current Affairs Quiz after reading our daily current affairs.
National News
‘Saubhagya’ scheme completes three years of inception
- The Pradhan Mantri Sahaj Bijli Har Ghar Yojana -“Saubhagya Scheme” has completed three years of inception on 25 September 2020.
- The scheme was launched by Prime Minister Narendra Modi on 25th of September, 2017 with an outlay of Rs. 16,320 crore
- Saubhagya scheme aims to achieve universal household electrification by providing last mile connectivity and electricity connections to all households in rural areas and all poor households in urban areas across the country.
India’s top regulator of medical education, National Medical Commission (NMC) comes into existence, replacing Medical Council of India (MCI)
- India’s new apex regulator of medical education and profession, the National Medical Commission (NMC), came into existence with effect from 25 September 2020.
National Medical Commission (NMC)
- NMC replaces the Medical Council of India (MCI).
- Dr Suresh Chandra Sharma, former head of the All India Institute of Medical Sciences (AIIMS-ENT department), Delhi, has been appointed as Chairman of NMC for a period of three years.
- The NMC Board comprises of a chairman, 10 ex-officio members and 22 part-time members.
- The nearly 64-year-old Indian Medical Council Act has been abolished and replaced with NMC Act, which received the assent of the president on 8th August 2019.
- The Board of Governors (BoG) of MCI has also been dissolved.
Prakash Javadekar addresses virtual Ministerial Roundtable Dialogue on Biodiversity Beyond 2020
- The Union Minister of Environment, Forest and Climate Change Prakash Javadekar represented India at the virtual Ministerial Roundtable Dialogue on Biodiversity held on 24 September 2020.
- The theme of the Ministerial Dialogue was Biodiversity Beyond 2020: Building a Shared Future for All Life on Earth.
- The event was hosted by China, ahead of the upcoming United Nation Summit on Biodiversity on 30 September 2020.
- Around 15 ministerial representatives as well as the heads from relevant international organizations participated in the event to exchange views on biodiversity conservation and sustainable development.
- Mr. Javadekar also informed that India aims to restore 26 million hectares of degraded land, and achieve land-degradation neutrality by 2030.
PM Modi to inaugurate Mega Virtual Summit on Artificial Intelligence ‘RAISE 2020’ on October 5
- The Ministry of Electronics and Information Technology (MeitY) and the NITI Aayog will jointly organise a Mega Virtual Summit on Artificial Intelligence (AI) ‘RAISE 2020’ from 5 to 9 October 2020.
- RAISE 2020 stands for ‘Responsible AI for Social Empowerment 2020.’
- The Summit will be inaugurated by the Prime Minister Narendra Modi.
- RAISE 2020 provide a global platform for expert minds to exchange ideas and solutions for using AI for social transformation, inclusion and empowerment in areas like Healthcare, Agriculture, Education and Smart Mobility, among other sectors.
- delegates and experts in research, policy and innovation on Artificial Intelligence will join from across the globe.
Uttar Pradesh Govt launches unified portal ‘U-Rise’ to help students get jobs
- The Uttar Pradesh Chief Minister Yogi Adityanath launched a unified portal called ‘U-Rise’ on 24 September 2020.
- U-Rise portal will guide around 20 lakh students, in learning, career counselling, and getting employment in the state.
- Uttar Pradesh is the first state to launch such a unified portal along with the implementation of National Education Policy (NEP)-2020.
- U-Rise portal would empower the students by providing them with practical and technical knowledge ranging from online exams, digital content, digital assessment, digital examination papers, webinars, internship, e-library, recorded video content to employment.
- The e-content, e-library, and online courses available on this portal will be accessible by students even in the most interior areas of the state.
Kerala Wins UN Award For Prevention and Control of Non-Communicable Diseases (NCD) 2020
- Kerala has won the United Nations Inter-Agency Task Force on the Prevention and Control of Noncommunicable Diseases Awards 2020 for its “outstanding contribution” towards the non-communicable diseases-related sustainable development goals.
- Kerala is among the seven ministries of health across the world to receive the award.
- Kerala has been awarded for the tireless service of the state in the health sector.
- The Award is presented to recognize the achievements during 2019 on multisectoral action in the prevention and control of NCDs, mental health and the wider NCD-related Sustainable Development Goals (SDGs).
Committee
Government sets up five task forces to make MSME sector future-ready
- The Government of India has constituted five task forces to make the micro, small and medium enterprises (MSME) future-ready and formulate a concrete strategy to make the country a leading exporter.
- These five task forces have been formed in five key areas where the Indian industries, especially the MSME sector should head towards to achieve this objective and mission.
- The task forces formed includes:
- Industry 4.0
- Objective – make India a global leader in Industry 4.0 including elements like artificial intelligence, 3D and virtual reality.
- Export promotion and import reduction
- Objective – India becomes a global manufacturing hub and a leading exporter in the world.
- Key issues of teh task force will include how to focus in the key manufacturing areas, how to improve our quality standards, designs and technology, packaging.
- Re-engineering
- Objective -How to re-engineer vertically and horizontally our existing cluster schemes so that they are able to assist the grass-root and the micro-level enterprises as well as the high-end enterprises.
- How to Integrate our technology centres
- Explore interventions to align various modernisation schemes like ZED (zero defect and zero effect) and LEAN (for manufacturing competitiveness), as well as other schemes related to design, intellectual property rights and marketing scheme.
- Industry 4.0
Defence
India Successfully test-fires indigenously developed surface-to-surface Prithvi-II missile
- India successfully test-fired the indigenously developed nuclear-capable missile Prithvi-II, on 23 September 2020, from the Integrated Test Range (ITR) at Chandipur off the Odisha coast.
- The trial of the surface-to-surface missile was a routine exercise by the DRDO.
- Prithvi-II missile has a strike range of 350 km.
- It is capable of carrying 500 to 1000 kg of warheads and is powered by liquid propulsion twin engines.
Banking News
RBI to implement “Technology Vision for Cyber Security’ for Urban Co-operative Banks – 2020-2023”
- The Reserve Bank of India (RBI) will implement the “’Technology Vision for Cyber Security’ for Urban Co-operative Banks (UCBs) – 2020-2023” to enhance the IT security system of Urban Co-operative banking to prevent, detect, respond to and recover from cyber-attacks.
- RBI will achieve this objective using its five-pillared strategic approach ‘GUARD’. GUARD denotes:
- G – Governance Oversight,
- U – Utile Technology Investment,
- A – Appropriate Regulation and Supervision,
- R – Robust Collaboration
- D – Developing necessary IT, cyber security skills set.
- To accomplish the five pillared approach, RBI has established 12 specific action points.
- The implementation of this Technology Vision document will strengthen the cyber resilience of the Urban Co-operative Banks.
Appointment
Acer India appoints Sonu Sood as brand ambassador
- Personal computers brand Acer India has roped in actor Sonu Sood as its brand ambassador.
- The actor will endorse the brand’s innovative range of products to improving people’s lives through technology.
- The actor has been selected due to his contribution to empowering people which is in line with Acer India’s brand mantra of empowering people through technology.
EESL appoints Rajat Sud as new Managing Director
- Energy Efficiency Services Limited (EESL), has appointed Rajat Sud as its new Managing Director with effect from 23 September 2020.
- Sud succeedsS Gopal, director (commercial), who had taken on the additional charge of interim managing director (MD).
Somalia Parliament unanimously Approves Mohamed Hussein Roble as New Prime Minister
- Mohamed Hussein Roble has been appointed as the new Prime Minister of Somalia after a landslide victory in Parliamentary election held on 23 September 2020.
- All 215 members of parliament unanimously voted for Roble in the presence of Somali President Mohamed Abdullahi Mohamed.
- He would succeed Hassan Ali Khaire, who was expelled in July 2020 due to his failure to present a roadmap to holding democratic elections due before February 2021.
Important Days
Antyodaya Divas Observed Across India on September 25
- Every Year on September 25 India observes Antyodaya Diwas to mark the birth anniversary of Pandit Deendayal Upadhyaya. The day was declared by the Modi Government on September 25, 2014.
- Antyodaya means uplifting the poorest of the poor.
- Pandit Deendayal Upadhyaya, born in Mathura in 1916 was one of the key leaders of Bharatiya Jana Sangh from which the BJP later emerged.
- He was the leader of the Bharatiya Jana Sangh from 1953 to 1968.
World Environmental Health Day: 26 September
- In 2011, the International Federation of Environmental Health (IFEH) declared to observe World Environmental Health Day on 26 September every year.
- The Theme for the 2020 World Environmental Health Day: Environmental health, a key public health intervention in disease pandemic prevention.
- The IFEH was established in 1986 and is based in London, England.
Obituary
Legendary singer SP Balasubramanyam passes away at 74
- Legendary singer SP Balasubramanyam has passed away. He was undergoing treatment after being tested positive for Covid-19 at a hospital in Chennai.
- He was 74.
- He is known to have recorded over 40,000 songs in 16 Indian languages including Tamil, Telugu, Kannada, Hindi, and Malayalam and holds the Guinness World Record for recording the highest number of songs by a singer.
- SP Balasubramanyam was honored with a Padma Shri (fourth-highest civilian award) in 2001 and Padma Bhushan (third-highest civilian award) in 2011 for his contribution to cinema.
Current Affairs Quiz – 26 September 2020