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CURRENT AFFAIRS JANUARY 9

                                                
                                                 
   NATIONAL AFFAIRS


Visakhapatnam to host naval exercise ‘MILAN’ in March 2020 
The theme of the exercise for the year 2020 is ‘Synergy Across the Seas’.
Visakhapatnam previously hosted International Fleet Review (IFR) in February 2016.

 Madhavpur Mela celebrate in Gujarat on 2nd April 2020
The seven days festival celebrates the immortal journey of Lord Krishna and Rukmini from Arunachal Pradesh to Gujarat.

Home ministry issues revised guidelines for mutual legal assistance treaties
 India has signed Mutual Legal Assistance Treaty (MLAT) with 42 countries in November 2019 for cooperation in criminal matters & the MHA is also designated ‘Central Authority of India’ for it.

EC of India and Mauritius renewed MoU on cooperation in electoral management 
 The renewal  was signed by India’s Chief Election Commissioner(CEC) Sunil Arora and Mohammed Irfan Abdool Rahman, Electoral Commissioner of Mauritius.

Competition Commission of India (CCI)  released a report titled “Market Study on E-commerce in India:Key Findings and Observations
Revenue sector:  Revenue from the e-commerce sector is expected to increase from $39 billion in 2017 to $120 billion in 2020,  growing at an annual rate of 51%, the highest in the world.

Internet sector:  The no.of internet users have increased from 445.96 million in 2017 to 665.31 million in 2019 and is also expected to increase to 829 million in 2021.

Goods sector:  E-commerce in the goods category in India has grown at a compound annual growth rate (CAGR) of 57% in the last 7 years, and is expected to grow by 18.6% till 2022

Indian Railways to installs IP based Video Surveillance System and AI based Face recognition systems in stations
In the last budget Rs 250 crore was allocated to Indian Railways from Nirbhaya funds for installation of VSS in 983 railway stations.

INTERNATIONAL AFFAIRS


EIU survey 2015-20: 3 of world’s 10 fastest-growing cities in Kerala; Malappuram tops list
Rank City Country
1Malappuram  (Kerala)India
4Kozhikode  (Kerala)India
10Kollam  (Kerala)India
About the Economist Intelligence Unit:
Headquarters- London, England.
Managing Director(MD)- Robin Bew.
Henley Passport Index 2020: India ranks 84th in worlds most powerful passport list;Japan tops


 BANKING & FINANCE
SBI announces new ‘RBBG’ scheme; SBI & Sunteck Realty Limited signed MoU on RBBG scheme
Under the scheme, all reputed builders fulfilling the bank criteria can avail loan ranging between Rs 50 crores and Rs 400 crores.
Andhra Pradesh govt and Kfw inks a loan agreement for Rs.711 crore under ZBNF
 for expanding the climate-resilient Zero-Budget Natural Farming (ZBNF) in the state for the next five years.
Paytm launches all-in-one QR for merchants to make unlimited payment, along with ‘Paytm Business Khata’  
About Paytm:
Founded– August 2010
Headquarters– Noida, Uttar Pradesh (UP) India
Founder & CEO- Vijay Shekhar Sharma
Owned by- One97 Communications Limited.
In a 1st, HDFC Bank launches customised ‘myApps’ for large institutions
About HDFC Bank:
Headquarters– Mumbai , Maharashtra

Managing Director– Aditya Puri
Tag line– We Understand Your World



AWARDS & RECOGNITIONS      


India-born author Jasbinder Bilan bags UK Costa Children’s award,2019

 novel Asha and the Spirit Bird’

 APPOINTMENTS & RESIGNATION     


Hudco appoints M Nagaraj as CMD

Lokpal Member and the Former Chief Justice of the Allahabad High Court, Justice Dilip B Bhosale resigns 


 SCIENCE & TECHNOLOGY




China successfully launches new communication experiment satellite’ TJSW-5’ on a Long March-3B rocket

About Long March-3B carrier:
It has the capacity to launch 11,200 kg satellite to a low Earth orbit or a 5,100 kg cargo to a geosynchronous transfer orbit (GTO).

India’s 1st indigenous aircraft carrier Vikrant to be commissioned by early 2021
This carrier is being built at the Cochin Shipyard Limited (CSL) Kochi, Kerala.


IMPORTANT DAYS


16th NRI Day (Pravasi Bharatiya Divas) is observed on January 9,2020
Ladakh lifts 7th National Ice Hockey Championship Women trophy