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Current Affairs Of 5&6 July 2020



Current Affairs Of 5&6 July 2020


We  bring you the complete and important daily Current Affairs  and Daily 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 5&6 July 2020


Economy

Tourism Sector Could Lose 1.2 Trillion USD Due To Covid Pandemic: UNCTAD Report

The United Nations Conference on Trade and Development (UNCTAD) published the report, COVID-19 and Tourism: Assessing the Economic Consequences stating that the World Tourism sector could lose around 1.2trillion USD or 1.5% of the Global Gross Domestic Product (GDP) because of the 4months lockdown due to global pandemic situation.

About UNCTAD:
Secretary-General– Mukhisa Kituyi
Headquarters– Geneva, Switzerland


National


President Ram Nath Kovind Inaugurates Dharma Chakra Day 2020 Celebrations On July 4

President of India Shri Ram Nath Kovind has virtually inaugurated the celebrations for the Dhamma Chakra Day 2020 Organized by International Buddhist Confederation (IBC).


Union HRD Minister and Sports MoS launched ‘Fit Hai to Hit Hai India’ webinar & ‘Fit India Talks’ Sessions for School Students

“Fit Hai To Hit Hai India” webinar program was launched, under the India’s flagship Fit India campaign, by the Union Minister of Human Resource Development Dr Ramesh Pokhriyal ‘Nishank’ and Minister of State (MoS) for Ministry of Sports and Youth Affairs and Ministry of Minority Affairs Kiren Rijiju



Delhi Govt Launches an E-Portal,‘LEAD’ for its Students

Delhi Deputy Chief Minister and education minister Manish Sisodia launched an e- portal, ‘Learning through E-Resources Made Accessible for Delhi’(LEAD) for its students to strengthen the children’s online education. The e- portal contains 10,000 instructional materials and course content for Classes I to XII. 

UT Administration of Ladakh launched “Ladakh Food Security Scheme”

The Administration of the Union Territory of Ladakh launched the Ladakh Food Security Scheme (LFSS) and the Mufti Mohammad Sayeed Food Entitlement Scheme (MMSFES) of Jammu and Kashmir (J&K) was discontinued.


PM Modi Launches ‘Aatma Nirbhar Bharat App Innovation Challenge’ for Techies, Start-up Community

The ‘Aatma Nirbhar Bharat App Innovation Challenge’ for Indian tech entrepreneurs and startups was launched by Prime Minister Shri Narendra Modi, with an objective to support and build a strong ecosystem for Indian Apps, Meity in partnership with Atal Innovation Mission.

M.V Asiatic Moon : A New Shipping Service b/w Kolkata Port & Chattogram Begins to Ease Indo-Bangla Trade

Amid frequent disruption of cross-border trade via the Petrapole-Benapole land ports, Syama Prasad Mookerjee Port (SMP) [erstwhile Kolkata Port Trust (KoPT)] has started a new shipping service between Kolkata Dock System (KDS) and Chattogram (Bangladesh ) through Indo-Bangladesh Protocol Route to transport containers with the aim to increase the Indo-Bangla trade.

About Bangladesh:
Capital– Dhaka
Currency– Bangladeshi taka
President– Abdul Hamid
Prime Minister– Sheikh Hasina


Odisha Launches ‘Balaram’ scheme to provide Rs 1,040 crore credit to 7 lakh Landless Farmers

the Government of Odisha launched ‘Balaram’ scheme to provide agricultural credit of Rs 1,040 crore to landless farmers facing hardships during COVID 19.The Scheme is designed in collaboration with National Bank for Agriculture and Rural Development (NABARD).

About NABARD:
Headquarters: Mumbai
Chairman: G R Chintala

International



Record 53.6 mt of E-waste Dumped Globally in 2019; China Tops: UN Global E-waste Monitor 2020 Report

In accordance with “The Global E-waste Monitor 2020 report-Quantities, flows, and the circular economy potential” report, the world dumped a record 53.6 million tonnes of e-waste in 2019, an increase of 21% in 5 years. 

China is the biggest contributor to e-waste with 10.1 million tonnes (mt) followed by the United States (US) with 6.9 mt and India with 3.2 mt at 2nd and 3rd rank respectively.


KKR to Buy 54% Stake in JB Chemicals for about Rs 3,100 crore

US private equity giant KKR has agreed to acquire a 54% stake(41.7 million or 4.17 crore fully paid up equity shares) in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore



Banking and finance

UKIBC signed a MoU with MIDC for a sustainable business between UK & India

The UK India Business Council (UKIBC) signed a Memorandum of Understanding(MoU) with Maharashtra Industrial Development Corporation (MIDC), to improve the business relationship between India(Maharashtra) and the United Kingdom(UK).


IndiaFirst Life Insurance Associates with BOB Financial to Offer COVID-19 cum Hospital Cash Cover to BOB Credit Cardholders

IndiaFirst Life Insurance Company Limited(IndiaFirst Life) associated with BOB Financial Services Limited (BOB Financial), a wholly owned subsidiary of Bank of Baroda(BOB) to offer a group insurance cover. The cover will provide financial support to the BOB credit card customers upon their hospitalisation or on COVID-19 diagnosis.

About BOB:
Headquarters– Alkapuri, Baroda(Vadodara) 
Managing Director & CEO– Sanjiv Chadha



Edelweiss AMC to Launch Second Tranche of ‘BHARAT Bond ETF’ ; Target to Raise Rs 14000 crore

Edelweiss Asset Management Company (AMC), a subsidiary of Edelweiss Capital Limited (ECL) has decided to bring the second installment of the Bharat Bond ETF (Exchange Traded Fund) with two new series to raise Rs 14,000 crore in July 2020.


NLC, Coal India to form 50:50 JV to develop solar and thermal power assets

NLC India Limited signed a pact with Coal India Ltd (CIL) to form a joint venture (JV) to develop 5,000 megawatts (MW) of solar and thermal power assets across the country.


Important days


International Day of Cooperatives 2020 – 4th July (First Saturday of July)

The theme of the 2020 celebration is “COOPS 4 Climate Action”,