Airtel Payments Bank team up with Mastercard for farmers, SMEs

Airtel Payments Bank has collaborated with Mastercard to create customised financial products for Indian farmers and Small and Medium Enterprises (SMEs). These financial products particularly for those territories where there is less access to bank administrations. The coordinated effort will unite Mastercard’s worldwide and nearby involvement with developing advanced financial solutions and Airtel Payments Bank’s circulation system to arrive at the last mile and its large customer base.

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The association targets constructing a computerized stage which gives farmers information about advanced farming techniques and association with commercial centres, while at the same time empowering them to receive payments directly in their Airtel Payments Bank account.

Important takeaways for all competitive exams:

- Airtel Payments Bank Headquarters: New Delhi.
- Airtel Payments Bank MD and CEO: Anubrata Biswas.
- Mastercard Headquarters: New York, U.S.
- Mastercard President and CEO: Ajaypal Singh Banga.

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JK Rowling to release her latest book “The Ickabog”

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The “Harry Potter” author, JK Rowling will release her latest book, “The Ickabog”, online for free, for the children during this lockdown period. The Ickabog’ is a story about truth and the abuse of power.

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The first two chapters of The Ickabog are available for free. Rowling has pledged to donate all royalties when the book is published to “groups who’ve been particularly impacted by the pandemic.”

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Padma Shri awardee, Urdu Writer Mujtaba Hussain passes away

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Noted Urdu author, humorist and satirist Mujtaba Hussain passed away. He was born on July 15, 1936, in Hyderabad, Telangana. Hussain was described as the Mark Twain of Urdu. He began his literary career from “Siasat”, a leading Urdu daily published from Hyderabad.

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Hussain was awarded the Padma Shri, the country’s fourth-highest civilian award, in 2007. He published a book titled “Mujtaba Hussain Jaisa Dekha Jaisa Paya” and “Mujtaba Hussain Aayeinon ke Beech” (deals with his art and styles).

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NASA renamed its telescope after ‘Mother of Hubble’ Nancy Grace Roman

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NASA has renamed its next-generation space telescope “Wide-Field Infrared Survey Telescope (WFIRST)”, which is set to launch in 2025, in honour of Nancy Grace Roman. Nancy Grace Roman is the US space agency’s first chief astronomer, who paved the way for space telescopes focused on the broader universe. She left behind a tremendous legacy in the scientific community when she died in 2018.

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Roman came to NASA in 1959, just six months after the agency had been established. At that point, she served because the chief of astronomy and relativity within the Office of Space Science, managing astronomy-related programmes and grants. The newly named Nancy Grace Roman Space Telescope help to research long-standing astronomical mysteries, like the force behind the universe’s expansion and look for distant planets beyond our system.

Important takeaways for all competitive exams:

The administrator of the National Aeronautics and Space Administration (NASA): Jim Bridenstine.
Headquarters of NASA: Washington D.C., United States.

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Facebook launches calling application “CatchUp”

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A calling application named as “CatchUp” has been launched by the social media major Facebook. The calling application aims to coordinate call timings with friends and family members, and will enable users to check availability of time with a group of up to eight people. New Product Experimentation team of Facebook has developed this new calling application.

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With the help of calling application “CatchUp”, the user will be able to indicate the availability to talk and call other users, and will enable other users to do the same and chose a common time for the call. The services of new platform will work with existing contact lists, and the users will be able to avail the services of this calling application with their existing Facebook account.

Important takeaways for all competitive exams:

Chief Executive Officer of Facebook: Mark Zuckerberg.
Facebook Headquarters: California, US.

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Rehabilitation package for Amphan hit West Bengal & Odisha

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Rehabilitation package for the “Cyclone Amphan” hit West Bengal & Odisha was announced by the Government of India, after Prime Minister Narendra Modi undertakes aerial survey of the affected states. As part of rehabilitation package, financial assistance of Rs 1,000 crore for cyclone hit West Bengal, and Rs 500 crore for Odisha was announced for immediate relief activities in the two states. Hence, union government has given assurance of possible assistance for restoration and rebuilding of infrastructure in the areas affected by the cyclone.

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Along with financial assistance, an ex-gratia of Rs 2 lakh for the next of kin of the dead, and Rs 50,000 for the injured was also announced.

Important takeaways for all competitive exams:

Chief Minister of Odisha: Naveen Patnaik; Governor: Ganeshi Lal.
Chief Minister of West Bengal: Mamata Banerjee; Governor: Jagdeep Dhankhar.

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NGMA commemorates 115th Birth Anniversary of Ramkinkar Baij

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The National Gallery of Modern Art organised a virtual tour to commemorate the 115th Birth Anniversary of iconic artist Ramkinkar Baij. The virtual tour was titled as “Ramkinkar Baij | Journey through silent transformation and expressions”. The virtual tour was conducted in five different themes namely:

Portrait
Life Study
Abstract & Structural Composition
Nature Study & Landscape
Sculptures

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The virtual tour “Ramkinkar Baij | Journey through silent transformation and expressions” depicted works of art from the prominent 639 artworks of Ramkinkar Baij from reserve collection of NGMA.

Ramkinkar Baij was the one of the most seminal artists of modern India. He was an iconic sculptor, painter and graphic artist, who was born in Bankura, West Bengal. He was honoured with the Padma Bhushan Award by the Government of India in 1970, for his irrefutable contribution to Indian art.

Important takeaways for all competitive exams:

Director General of National Gallery of Modern Art: Adwaita Charan Gadanayak.

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PFC signs MoU with NBPCL to fund various projects in Madhya Pradesh

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Power Finance Corporation (PFC), the central PSU under Ministry of Power has signed an MoU with Narmada Basin Projects Company Ltd. (NBPCL), a wholly-owned company of Govt. of Madhya Pradesh, to fund various power projects to be executed in the State of Madhya Pradesh. The funds of worth Rs 22,000 crore will be deployed by NBPCL for setting up hydroelectric projects of 225 MW along with power components of 12 other major multipurpose projects to be executed in Madhya Pradesh.

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Some of the major multipurpose projects for which PFC has signed MoU with NBPCL includes Chinki Boras Multipurpose Project Narsinghpur Raisen Hoshangabad, Dudhi Project Chhindwara Hoshangabad, Basaniya Multipurpose Project Dindori, Sakkar Pench Link Narsinghpur Chhindwara etc.

Important takeaways for all competitive exams:

Chairman & Managing Director of Power Finance Corporation: Rajeev Sharma.
Managing Director of Narmada Basin Projects Company Ltd.: I.C.P. Keshari.
Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Lal Ji Tandon.

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Army Commanders’ Conference begins in New Delhi

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The Army Commanders’ Conference has commenced in New Delhi. This is the first phase of the conference which has been scheduled from 27 to 29 May 2020. The Army Commanders’ Conference is an apex level biannual event that was earlier scheduled to be held in April 2020, but was postponed due to COVID-19 pandemic. It was then planned to be conducted in two phases. The second phase of the conference will held in the last week of June 2020.

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In the first phase of Army Commanders’ Conference, the apex level leadership of Indian Army will deliberate on various aspects pertaining to operational and administrative issues including studies pertaining to logistics and human resources. During the conference they will also brainstorm on current emerging security as well as administrative challenges, and will also find out the future course for Indian Army.

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‘Hunar Haat’ will restart with the theme “Local to Global” from Sept 2020

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Ministry of Minority Affairs flagship programme ‘Hunar Haat’ will restart from September 2020 with the theme of “Local to Global”. This Platform is for artisans and craftsmen from various parts of the country to showcase their art and craft. This platform has provided employment and employment opportunities to more than five lakh Indian artisans, craftsmen, culinary experts and other people associated with them in the last five years.

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Hunar Haat provides market and opportunity to master artisans and craftsmen from remote areas of the country, has become a credible brand of rare exquisite indigenous handmade products. There will be a special “Jaan Bhi, Jahaan Bhi” pavilion to create health awareness among the people with the theme of “Say no to panic, yes to precautions”.

Important takeaways for all competitive exams:

Minister of Minority Affairs: Mukhtar Abbas Naqvi
Minister of State in the Ministry of Minority Affairs: Kiren Rijiju.

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