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Current affairs of 3 july 2020

Current affairs of 3 july 2020

We  bring you the complete and important daily Current Affairs of  April 2020 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.Current Affairs of March 2020 with Latest Current affairs March 2020 PDF for preparation of Bank Exam – PO & clerk, SSC, Railways & Insurance. Our Current Affairs of may 2020 PDF covers various sections like National March Current Affairs 2020, business & economy, Indian and International affairs 2020, defense, environment current affairs, persons and many for competitive exams preparing aspirants.

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Current affairs of 3 july 2020


GoI approved special liquidity scheme for NBFCs and HFCs through SBICAP as SPV

The Government of India (GoI) has approved a scheme for improving the short-term liquidity position of non-banking finance companies (NBFCs)/housing finance companies (HFCs) through a Special Purpose Vehicle (SPV) in the form of Special Liquidity Scheme (SLS) Trust set up by SBI Capital Markets Limited (SBICAP), a subsidiary of the State Bank of India (SBI). 

Period of scheme: The Scheme will remain open for 3 months for making subscriptions by the Trust i.e. till September 30, 2020

ICICI bank Launched a Facility, ‘Insta Loans against Mutual Funds’, in Partnership with Computer Age Management Services

ICICI Bank launched ‘Insta Loans against Mutual Funds’, a facility in partnership with Computer Age Management Services(CAMS). The facility is an extension of the Insta Loan Against Shares(LAS).

The facility enables the retail customers to avail loans upto Rs 1 crore instantly by pledging their holdings in both debt and equity Mutual Funds(MFs).

About ICICI bank:
Headquarters– Mumbai, Maharashtra
Managing Director(MD) & Chief Executive Officer(CEO)– Sandeep Bakhshi


Indian marine fish landings rose 2.1% to 3.56mt in 2019: CMFRI; Tamil Nadu tops

In accordance with the report “Annual Marine Fish Landings in India for 2019” by Central Marine Fisheries Research Institute (CMFRI), India’s marine fish production has increased marginally by 2.1% to 3.56 million tonnes (mt) in 2019 as compared to 3.49 mt in 2018.

SERB Launches ‘Accelerate Vigyan’ Scheme to Provide Platform for Research Internships

The ‘Accelerate Vigyan’ (AV) scheme for research internships, was launched by the Union Government’s Science and Engineering Research Board (SERB).

About SERB:-
Headquarters: New Delhi, India
Secretary: Prof Sandeep Verma

Dr.Harsh Vardhan Released the Good Clinical Practice Guidelines Handbook and Prospectus for FPIS of NBE

Union Minister of Health & Family Welfare, Dr.Harsh Vardhan with the Minister of State of Health, Ashwini Kumar Choubey, released the  Good Clinical Practice Guidelines Handbook and Prospectus for Fellowship Programme for International Students (FPIS) of the National Board of Examinations (NBE) on a virtual platform.

Committee for reform in criminal law to start online consultation from July 4, 2020: MHA

The objective of this excercise is to gather opinions by consulting with experts and collating material for their report to the government.

The committee is headed by Ranbir Singh, Vice-Chancellor, National Law University (NLU), Delhi.


Mon District Administration received 3 SKOCH Awards in 65th SKOCH Summit

The District Administration of Mon, Nagaland received 2020 SKOCH awards under three categories in the 65th SKOCH summit from Sameer Kochar, Chairman of SKOCH group.

About SKOCH Group:
Chairman– Sameer Kochhar
Head Office– Gurgaon, Haryana

Pulitzer Prize Winner Siddhartha Mukherjee and Prof Raj Chetty Named among ‘2020 Great Immigrants’ Honourees

Carnegie Corporation of New York has named 2 renowned Indian-Americans, Siddhartha Mukherjee, a Pulitzer prize winner and Raj Chetty, Economics Professor at Harvard University among  ‘2020 Great Immigrants’ honourees.


Shashank Manohar Steps Down as ICC Chairman, Imran Khwaja Takes Charge as Interim Chairman

About ICC:
Headquarters– Dubai, United Arab Emirates
Chief Executive Officer– Manu Sawhney

V Suryanarayanan Becomes the New MD of Chola MS General Insurance 

The Cholamandalam MS General Insurance Company promoted V Suryanarayanan, President and COO of the company as the New Managing Director (MD) with effect from 1st July 2020 succeeding SS Gopalarathnam.

Agricultural Experts Prof. Rattan Lal & Dr. Uma Lele from India Named by UN Chief to Scientific Group for 2021 Food Summit

Antonio Guterres, Chief of United Nations, named Prof. Rattan Lal and Dr. Uma Lele (Agricultural experts) from India as members of International Scientific group to offer foremost scientific evidence for sustainable food systems for global food summit 2021.

Indra Mani Pandey appointed as Permanent Representative of India to UN and Others Organisations in Geneva

Indra Mani Pandey,Indian Foregin Services (IFS) Officer of 1990 and Additional Secretary in Ministry of External Affairs(MEA)was appointed as India’s Permanent Representative and Ambassador to the United Nations and the other International Organisations in Geneva, succeeding Rajiv Kumar Chander, IFS Officer of 1983 batch.

IRDAI Sets Up 9-Member Panel headed by G Srinivasan to study suitability of Surety Bond issuance by Indian insurers

Insurance Regulatory and Development Authority of India (IRDAI) has set up a nine member working Group (WG) under G. Srinivasan, director, National Insurance Academy, after the request made by the Ministry of Road Transport and Highways (MORTH). 

About Insurance Regulatory and Development Authority of India (IRDAI):
Headquarters– Hyderabad, Telangana.
Chairman– Subhash Chandra Khuntia


US-based Carlyle Group to Acquire 25% Stake in Nxtra Data For $235 mn

American multinational private equity company Carlyle Group has decided to acquire about 25% stake in India’s second largest telecom company Bharti Airtl’s data centre business –Nxtra Data Ltd– for $235 million (about ₹1,780 crore) through a company called Comfort Investments II.


“COPAL-19”app to track plasma donors launched

AIIMS(All India Institute Of Medical Science) doctor along with a team of IIT-Delhi students have developed an app “COPAL-19” which enables users to track willing plasma donors who have recovered from Covid-19.

Indian Air Force & CSIO Have Develops Indigenous ‘Airborne Locust Control System’ on Two Mi-17 Helicopters

Chandigarh based 3 Base Repair Depot (BRD) of the Indian Air Force (IAF) and Central Scientific Instruments Organisation (CSIO) have indigenously developed an Airborne Locust Control System (ALCS) for two Mi-17 helicopters for spraying atomised pesticide malathion to arrest locust breeding.

Swedish Institute of Space Physics to Return to Venus on Indian Space Mission Shukrayaan-1

The Indian Venus Mission Shukrayaan-1, the Swedish Institute of Space Physics will explore Venus for the second time. The Shukrayaan-1 is scheduled for launch at the end of 2023 from Sriharikota, Andhra Pradesh.

About Indian Venus Mission:
Operator: ISRO
Launch: 2023


West Indies Cricketer Everton Weekes Passed Away at 95 


Vice President of India, M Venkaiah Naidu Virtually Releases a Book “Future of Higher Education – Nine Mega Trends”

Vice President of India, M Venkaiah Naidu virtually released a book, “Future of Higher Education – Nine Mega Trends“. The book is authored by CA V Pattabhi Ram, a Public Speaker, author and Teacher. The Virtual event was hosted by ICT Academy.


World Sports Journalists Day 2020: July 2 

World Allergy Week 2020 – June 28 to July 4

The theme of World Allergy Week 2020 is “Allergy care does not stop with COVID-19”.


Telangana amends state FRBM Act 2005; accepting govt’s decision to extend borrowing limit to 5% from 3%

About Telangana:
Capital– Hyderabad

Odisha Government to Implement an Initiative ‘Sabuja Odisha’ to Increase Green Cover through Extensive Plantation

Odisha government in a high-level meeting held under the Chairmanship of Chief Secretary Asit Tripathy decided to implement a new initiative ‘Sabuja Odisha’

About Odisha:
Capital– Bhubaneswar
Governor– Ganeshi Lal
Chief Minister– Naveen Patnaik