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Current Affairs 29 June 2020

Current Affairs 29 June 2020

Dear aspirants, to crack any type of competitive examination current affairs plays a significant role and for that we are providing daily important news that are most important for your examination. So we are here for you to provide the important Recent and Latest Current Affairs 29 June 2020.

Current Affairs 29 June 2020 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

Current Affairs 29 June 2020
1. Vini Mahajan appointed first female chief secretary of Punjab
  • Punjab has appointed Vini Mahajan, a 1987-batch IAS officer, as the new chief secretary of Punjab.
  • She replaces 1984-batch IAS officer Karan Avtar Singh, who recently had a face-off with Punjab ministers.
  • Singh, who is due to retire on August 31.
  • Punjab CM : Amarinder Singh.
  • Governor : V. P. Singh Badnore.
Current Affairs 29 June 2020
2. Arjun Munda launches tribes India products on GeM and new website of TRIFED
  • Union Minister of Tribal Affairs Arjun Munda launched through a video conference the tribes India products on Government e-Marketplace – GeM and a new website of TRIFED.
  • TRIBES India store on Govt eMarketplace will help in facilitating purchases by govt.
  • Govt e-Marketplace portal was launched in 2016
Current Affairs 29 June 2020
3. PhonePe launches UPI handle in partnership with ICICI Bank
  • PhonePe has officially launched ‘@ibl’ handle in partnership with ICICI Bank as part of an effort to diversify into a multi-bank partnership model.
  • The Flipkart-backed payments player had started with Yes Bank and was offering the ‘@ybl’ handle.
  • Launched in April 2016, UPI was developed by NPCI
Current Affairs 29 June 2020
4. SBI sanctions Rs 20,000 cr loans to MSMEs under credit guarantee scheme
  • SBI has sanctioned loans worth Rs 20,000 crore to over 400,000 micro, small and medium enterprise (MSME) accounts under the Emergency Credit Line Guarantee Scheme (ECLGS).
  • It is part of the Rs 20 trillion package crafted to revive the economy
  • SBI chairman : Rajnish Kuma.
  • Headqaurters : Mumbai.
Current Affairs 29 June 2020
5. Govt offers filing of NIL GST statement in form GSTR-1 through SMS
  • In an effort to ease the GST compliance for over 12 lakh registered taxpayers, the government has provided the facility of filing the NIL statement of GSTR-1 form through SMS.
  • It would be started from July 2020 to improve ease of GST compliance, according to Finance Ministry.
  • Union Finance Minister : N. Sitharaman.
  • MoS : Anurag Thakur.
Current Affairs 29 June 2020
6. RBI extends enhanced borrowing limit to banks under MSF till Sept 30
  • RBI, as a temporary measure, had increased the borrowing limit of scheduled banks under MSF from 2% to 3% of NDTL
  • Under MSF, banks borrow overnight funds by dipping in their SLR
  • MSF = Marginal standing facility.
  • SLR = Statutory liquidity ratio.
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7. Maharashtra: State gives nod for automatic, accelerated permission to FDI of Rs 50 crore & above
  • Maharashtra State Officials from the Industries department said state has decided to provide ‘Maha Parwana’, automatic or accelerated permissions to industries through a single-window system within 48 hours after receiving the complete application.
  • Governor : Bhagat Singh Koshyari.
  • CM : Uddhav Thackarey.
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8. HUL completes acquisition of female hygiene brand VWash from Glenmark
  • Leading FMCG player Hindustan Unilever (HUL) said it has completed the acquisition of VWash from pharma major Glenmark Pharmaceuticals.
  • FMCG full form = Fast-moving consumer goods.
  • VWash was launched by Glenmark in 2013.
  • HUL has acquired intellectual property rights including trademarks.
  • World Intellectual Property Organization HQ : Geneva, Switzerland.
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9. Carrier Midea India appoints Sanjay Mahajan as MD
  • Carrier Midea India is a joint venture between Carrier and Midea.
  • Estd in February 2012, CMI has developed a strong industry position in the India residential air-conditioning segment.
  • 1st modern air conditioner invented in 1902 by Willis H Carrier.
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10. 26.9 crore people used drugs in 2018: UNODC World Drug Report
  • It was 30% more than the 2009 figure, with adolescents and young adults accounting for the largest share of users, according to the latest United Nations Office on Drugs and Crime (UNODC) World Drug Report.
  • UNODC Founded : 1997.
  • HQ : Vienna, Austria.

So, these are all the latest important Current Affairs 29 June 2020.

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