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Current Affairs 5 July 2020

Current Affairs 5 July 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 5 July 2020.

Current Affairs 5 July 2020 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

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1. PM Modi launches Aatmanirbhar Bharat App Innovation Challenge
  • It has been launched to identify the best Indian Apps that are already being used by citizens.
  • Which have the potential to scale and become world class Apps in their respective categories.
  • It is a part of Aatmanirbhar Bharat Abhiyaan.

Current Affairs 5 July 2020

2. Kalyan Jewellers appoints Sanjay Raghuraman as CEO
  • Warburg Pincus backed Kalyan Jewellers appointed Sanjay Raghuraman as its first Chief Executive Officer.
  • He also holds the position of Chief Operating Officer of the jewellery chain.
  • Also Salil Nair & Anil Nairs have been appointed as directors.
  • MD & Chairman Kalyan Jewellers : TS Kalyanraman.
  • HQ : Thrissur.

Current Affairs 5 July 2020

3. India to add 60 GW Renewable Energy Capacity by 2025: BTI Survey
  • According to a Renewable Energy CEO survey report 2020 by research & consultancy firm Bridge to India.
  • India’s utility-scale solar capacity was 32.2GW as on March 31, 2020.
  • Union Minister for Power and Renewable Energy: R.K. Singh.

Current Affairs 5 July 2020

4. NLC India, CIL sign pact to form JV to develop 5,000 MW solar, thermal power assets
  • NLC India has signed a pact with state-owned CIL to form a joint venture to develop 5,000 MW of solar and thermal power assets across the country.
  • Equity participation in the proposed JV between Coal India Ltd & NLC India will be in the ratio of 50:50.
  • NCL = Northern Coalfields Limited.
  • Neyveli Thermal : Tamil Nadu.
  • Barsingsar Thermal : Rajasthan.

Current Affairs 5 July 2020

5. Bharat Bond ETF second tranche launched, base issue size of Rs 3,000 cr
  • Edelweiss Mutual Fund launched the second tranche of the Bharat Bond exchange-traded fund for a base size of Rs 3,000 cr.
  • Finance Minister N Sitharaman had announced the launch of 2nd tranche with Edelweiss as the fund manager & AK Capital as govt advisor.
  • The new Bharat Bond ETF series will mature in April 2025 & 2031.

Current Affairs 5 July 2020

6. RBI asks banks to reclassify MSMEs as per revised criteria
  • The classification would be on the basis of Govt notified new criteria for the classification of MSMEs on the basis of turnover and investment in plant & machinery.
  • MSME Development Act came into existence in 2006.

Current Affairs 5 July 2020

7. ISRO’s Mars Orbiter Mission captures image of the biggest moon of Mars
  • The Mars Colour Camera onboard ISRO’s Mars Orbiter Mission has captured the image of Phobos, the closest & biggest moon of Mars.
  • The Rs 450 cr MOM mission aims at studying the Martian surface & mineral composition as well as scan its atmosphere for methane.
  • In 2014 successfully placed MoM spacecraft in Mars orbit

Current Affairs 5 July 2020

8. AIR begins broadcast of its first ever news magazine programme in Sanskrit
  • The programme titled, ‘Sanskrit Saptahiki’ will be of 20 minutes duration.
  • In it under Ek Bharat, Shreshtha Bharat, five commonly used words will be translated.
  • AIR & Doordarshan function under Prasar Bharati.

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9. Chinese badminton superstar Lin Dan announces retirement
  • China’s two-time Olympic champion Lin Dan aged 36, arguably the greatest badminton player of all time, announced his retirement.
  • It means that Lin will not compete at the upcoming Tokyo Olympics.
  • He won gold at the Beijing 2008 and London 2012 Games,
  • Lin earned the nickname “Super Dan” at the peak of his career.

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10. Germany to become first major economy to phase out coal, nuclear power
  • Germany has decided to phase-out of coal as an energy source.
  • Bills approved by both houses of parliament envision shutting down the last coal-fired power plant by 2038 & spend 40 bn euros for transition.
  • It also commits phase out nuclear power by 2022.
  • German Chancellor : Angela Merkel.
  • Capital : Berlin

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11. India’s trade deficit with China reduces to $48.66 billion in FY20
  • Exports to China in the last financial year stood at $65.26 billion, while imports aggregated at $16.6 bn.
  • Balance of Payment records the transactions b/w country & world.

So, these are all the latest important Current Affairs 5 July 2020.

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