Current Affairs 2020

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This post contains important current affairs of 20 June 2020. It includes all Major National, International, Business and Sports related current affairs of 20 June 2020. We have collected the latest current affairs and compiled them date wise. These current affairs are important for all competitive exams like bank, ssc, ibps, sbi exams. The GK current affairs will help you score more in these competitive exams. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 20 June 2020 Current affairs test.

World Refugee Day
World Refugee Day, international observance observed June 20 each year, is dedicated to raising awareness of the situation of refugees throughout the world. The theme of World Refugee Day this year is “Every action counts.”

MNRE forms project development cell to attract investment in green energy
The Ministry of New and Renewable Energy (MNRE) has set up a Project Development Cell (PDC) to attract more investments into the sector that will help meet its 175 GW target for green energy. Industry experts stated the new body might have been created in the wake of tensions with China, which supplies the bulk of the solar energy equipment used in Indian projects. The Ministry of New and Renewable Energy (MNRE) has announced that it had set-up a Project Development Cell for appealing investments in India by developing projects

PM Narendra Modi launched Garib Kalyan Rojgar Abhiyaan on 20 June
PM Narendra Modi launched Garib Kalyan Rojgar Abhiyaan on 20 June. The scheme is to empower and provide livelihood opportunities in areas/ villages that witness a large number of returnee migrant workers affected by the COVID-19 pandemic. The campaign was flagged off by the PM from village Telihar, Block Beldaur, district Khagaria, Bihar through Video-Conference.

Shri Pralhad Joshi launches R&D Portal for Aatma Nirbhar Bharat in Mining Advancement
Shri Pralhad Joshi, Union Minister for Coal, Mines and Parliamentary Affairs launched SATYABHAMA (Science and Technology Yojana for Aatmanirbhar Bharat in Mining Advancement) Portal for Science and Technology Programme Scheme of Ministry of Mines. The portal has been designed, developed and implemented by National Informatics Centre (NIC), Mines Informatics Division.

RBI increases PMC account withdrawal limit to Rs 1 lakh, extends restrictions by 6 months
The Reserve Bank of India increased the withdrawal limit for depositors at the crisis-hit Punjab and Maharashtra Cooperative Bank (PMC Bank) to Rs 1 lakh from Rs 50,000. The apex bank also extended the restrictions by another six months to December 23, 2020, as the resolution process of the lender has been affected by the COVID 19-induced lockdown. RBI noted that with the relaxation in withdrawal limit, 84 per cent of the depositors of the bank will be able to withdraw their entire account balance.

Reliance Industries becomes India’s first firm to hit Rs.11 trillion market cap
Reliance Industries Ltd (RIL) became the first Indian company to reach a market capitalisation of11 trillion as its shares doubled since mid-March. The tune of1.15 trillion through the sale of 24.71% stake in its digital services arm, Jio Platforms Ltd (JPL), to 10 global investors.

Facebook acquires Sweden’s Mapillary for unknown sum to take on Google Maps
Facebook has acquired Swedish startup Mapillary, that is building a detailed, accurate, and up to date global street-level imagery platform, for an undisclosed sum. Facebook is building tools and technology to improve maps through a combination of machine learning, satellite imagery and partnerships with mapping communities.

JSW Cement ropes in Sourav Ganguly and Sunil Chhetri as brand ambassadors
Cement brand, JSW Cement has roped in former cricketer and current president of the Board of Control for Cricket in India (BCCI), Sourav Ganguly as well as captain of the Indian national football team and Bengaluru FC, Sunil Chhetri as its brand ambassadors.

BMW India appoints Vikram Pawah as President
Luxury car maker BMW Group India stated it has appointed Vikram Pawah as the President effective August 1, along with his present role as Chief Executive Officer of BMW Group Australia and New Zealand.

Vijay Khanduja appointed India’s next envoy to Zimbabwe
Vijay Khanduja, presently Director in the Ministry of External Affairs (MEA), has been appointed as India’s next Ambassador to Zimbabwe, the government announced.

Nirakar Pradhan appointed as PRMIA chief
The Professional Risk Managers’ International Association has appointed Dr Nirakar Pradhan, CFA, as the Chief Executive Officer of its new India office.

Urjit Patel to take over as chairman of NIPFP
Former Reserve Bank governor Urjit Patel will take charge as chairman of the National Institute of Public Finance and Policy (NIPFP). Patel will replace Vijay Kelkar, who assumed office on November 1, 2014.

Pralay Mondal appointed as President of Catholic Syrian Bank
Kerala-based Catholic Syrian Bank announced the appointment of Pralay Mondal as President of its retail, SME and IT operations. He had joined Axis Bank in April 2019 to head their Retail business, soon after Amitabh Chaudhry had taken over as the new Chief Executive Officer.

IIT Mandi team develops infusion technology for herbs in mid-Himalayan region to help farmers
Researchers at Indian Institute of Technology (IIT) Mandi have developed a herbal infusion technology as a sustainable means of income for local marginal farmers in the midHimalayan region.

Shakhriyar Mamedyarov wins World Stars Sharjah Online
Due to the coronavirus outbreak, some tournaments decided to compensate a bit by organizing online events. The World Starts Sharjah Online was a six-player double round-robin with participants rated between 2661 and 2764. Top seed Shakhriyar Mamedyarov won the tournament.

Malayalam lmmaker Sachidanandan passes away
Malayalam writer-director KR Sachidanandan, popularly known in the industry as Sachy, passed away. He was 48-years-old.