“Current Affairs is very an important aspect and information for an individual to acquire in the ongoing scenario, its very important for competitive exams like IAS, Bank Exams, UPC, etc. It not only helps the student to score well in competitions but also boost their knowledge about day to day happenings in the world for their good, cause the youth is the future of tomorrow and to frame the future well, we need to focus on the present, that’s what current affairs are all about”.
National
1-NATGRID inked an MoU with NCRB to approach database that links around 14,000 police stations.
To obtain the centralised online Crime and Criminal Tracking Network and Systems(CCTNS) database for fetching elaborates about the First Information Reports(FIR) and stolen vehicles, The National Intelligence Grid(NATGRID) has penned a Memorandum of Understanding(MoU) with the National Crime Records Bureau(NCRB) in march 2020 and the project aims to go live by December 31, 2020.
International
1-NITI Aayog showcased India’s 2nd Voluntary National Review at UN’s High-Level Political Forum; held virtually.
NITI Aayog presented India’s 2nd voluntary National Review(VNR) at the United Nations High-Level Political Forum(HLPF) on Sustainable Development,2020, which is taking place virtually from July 7, 2020, to July 16, 2020, under the aegis of the Economic and Social Council(ECOSOC), amid COVID-19 pandemic.
Banking and Finance
1-Visa associate with Federal Bank to Deploy Visa Secure to the Bank’s Cardholders.
Visa forms an association with Federal Bank to deploy VISA Secure to the Bank’s cardholders.
Economy and Business
- 5% of contraction of India’s annual GDP growth in FY21; Possibility of V-shaped recovery: FICCI survey.
By the latest round of economic Outlook Survey of FICCI(Federation of Indian Chambers of Commerce and Industry), India’s annual median Gross Domestic Product(GDP) growth forecast for FY2020-21 has been declined to (-) 4.5% with a minimum and maximum growth estimate of(-) 4.5% with a minimum and maximum growth estimate of (-) 6.4% and 1.5% respectively, as compared to January 2020 estimate of 5.5%.
2-US remains India’s top trading partner in 2019-20 with Rs8,875 Cr bilateral trade.