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Current Affairs 3 July 2020

Current Affairs 3 July 2020

1. Anandiben Patel takes oath as Madhya Pradesh Governor
  • Uttar Pradesh Governor Anandiben Patel took oath as governor of Madhya Pradesh at a ceremony at Raj Bhawan in Bhopal.
  • Ms Patel was given additional charge as Madhya Pradesh governor following the illness of incumbent governor Lalji Tandon.
  • Chief Justice Ajay Kumar Mittal administered the oath of office.

Current Affairs 3 July 2020

2. T.C. Suseel Kumar appointed as Additional Non-Executive (Nominee) Director of Axis Bank
  • The Board of Axis Bank has approved the appointment of T.C. Suseel Kumar, Managing Director- Life Insurance Corporation of India.
  • He will hold the post Promoter of the Bank, as the Additional Non-Executive (Nominee) Director of the Bank, with effect from 1 July 2020.
  • Axis Bank HQ : Mumbai.
  • MD & CEO : Amitabh Chaudhry.

Current Affairs 3 July 2020

3. Parminder Chopra takes charge as Director of Finance at PFC
  • Government-owned Power Finance Corporation (PFC), India’s leading NBFC, today announced the appointment of Smt Parminder Chopra as Director (Finance) of the company.
  • She succeeds Shri N.B. Gupta, who superannuated on June 30, 2020.
  • PFC Headquarters- New Delhi, CMD- Ravinder Singh Dhillon.

Current Affairs 3 July 2020

4. Indra Mani Pandey appointed India’s Permanent Representative to UN
  • Senior diplomat Indra Mani Pandey has been appointed as the next Ambassador and Permanent Representative of India to the United Nations and other International Organisations in Geneva.
  • Pandey is presently additional secretary in the External Affairs minist.
  • The UN is an international organization founded in 1945.

Current Affairs 3 July 2020

5. Two renowned Indian Americans honoured by prestigious Carnegie Corporation of New York
  • The duos are Siddhartha Mukherjee and Raj Chetty.
  • They have contributed towards the efforts in mitigating the COVID-19 health crisis.
  • They are among the 38 immigrants honoured by a prestigious American foundation ahead of US Independence Day commemoration this year.
  • America celebrates its Independence Day on July 4.

Current Affairs 3 July 2020

6. Govt launches Special Liquidity Scheme of Rs 30,000 Cr to improve liquidity for NBFCs and HFCs
  • Government launched the Special Liquidity Scheme of Rs 30, 000 Cr to improve the liquidity position for Non-Banking Finance Companies (NBFCs) and Housing Finance Companies (HFCs).
  • The scheme was launched through a Special Purpose Vehicle set up by SBICAP.
  • SBICAP = SBI Capital Markets Limited.

Coronavirus pandemic to hit MSME exporters more: Trade experts ...

7. World Bank approves $750 million fund to support COVID hit MSMEs in India
  • The World Bank announced a $750 million MSME Emergency Response program to support increased flow of finance to MSMEs, severely impacted by the COVID-19 crisis.
  • This will address the immediate liquidity and credit needs of some 1.5 million viable MSMEs.
  • World Bank Country Director in India : Junaid Ahmad.

Current Affairs 3 July 2020

8. 70.32 lakh Kisan Credit Cards sanctioned with credit limit of Rs 62,870 Cr under Aatmanirbhar package
  • A total of 70.32 lakh Kisan Credit Cards have been sanctioned with credit limit of 62,870 crore rupees out of 2 lakh crore rupees concessional credit under the ‘Aatmanirbhar package’.
  • These cards have been sanctioned till 30th of last month.
  • KCC scheme was launched in the year, 1998 by banks in India.

Current Affairs 3 July 2020

9. DGCI gives approval for human clinical trials of COVAXIN; first potential COVID-19 Vaccine developed in the country
  • The Central Drug Standard Control Organisation has granted approval to Bharat Biotech India to conduct human clinical trials for Corona Vaccine called ‘Covaxin’.
  • The company said that it is the first indigenous COVID-19 vaccine to receive the approval.
  • Bharat Biotech Chairman & MD : Krishna Ella.

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10. Ministry of Railways invites RFQ for private participation for operation of passenger train services over 109 OD pairs of routes
  • Railway Ministry invited Request for Qualifications for private participation for operation of passenger train services over 109 Origin Destination pairs of routes through introduction of 151 modern Trains.
  • Each Train shall have a minimum of 16 coaches.
  • Project entails private sector investment of about Rs 30,000 Cr.

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11. India-Bangladesh form 50:50 Joint Venture Company for LPG business in Bangladesh
  • India & Bangladesh signed an agreement for the formation of a 50:50 JVC for LPG business in Bangladesh.
  • It was signed between the IOC Middle East FZE, Dubai, a wholly owned subsidiary of Indian Oil Corporation and RR Holdings Ltd., Ras Al Khaimah, UAE.
  • RR Holdings is the holding company of Beximco LPG of Bangladesh.

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12. Russian President Vladimir Putin records resounding victory in presidential polls
  • President Vladimir Putin has won a resounding victory in his bid to stay in power until the middle of the next decade- 2036, as Russians voted overwhelmingly to endorse the country’s political status quo, according to preliminary results.
  • Russia Capital : Moscow.
  • Currency : Rouble.

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13. West Indies cricket legend Everton Weekes dies, aged 95
  • The last of the famous three ‘Ws’, Everton Weekes has passed away.
  • The West Indies cricketing great was 95 years old.
  • Weekes played alongside Frank Worrell and Clyde Walcott, with all three of them making their Test debuts in 1948.
  • After his playing career he became match referee for ICC.

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