Daily Current Affairs 12 Oct 2020

NRA CET Daily Current Affairs


Oxfam Report: India’s health budget is the fourth lowest in the world

The Third edition of the Oxfam’s 2020 Commitment to Reducing Inequality (CRI) Index report was released recently. As per the report, India just spent 4% of its budget on the health in the ongoing pandemic situation. The spending by India stands at the fourth lowest in the world. In the line, India has been ranked 129 out of 158 countries.

RBI to move Next Generation Treasury Application (NGTA) to manage Forex and Gold Reserves

The Reserve Bank of India (RBI) has decided to move towards the Next Generation Treasury Application (NGTA). This decision has been taken by the RBI for managing the country’s foreign exchange and gold reserves. The NGTA application will help improve the functioning of the central bank.

The NGTA will be a web-based application. For this system, RBI has invited the bids. It will provide scalability and flexibility to introduce new products. It will also provide securities to the functioning. The system will also supporting multi-currency transactions and settlements such as Fixed Income (FI), Forex, Money Market (MM) and Gold. NGTA will automatically collect all the relevant details of a security or contract from a trading platform. It will support all the globally accepted conventions based on day count, holiday logic,  interest computation, shut period-dividend, Cash flows, ex-dividend and odd coupon.

October 11: International Girl Child Day

The International Day of the Girl Child is celebrated every year on October 11. This year the day was celebrated under the theme “My voice, our equal future”.

Eight Beaches in India awarded Blue Flag Certification

The eight beaches including the Shivrajpur in Gujarat,  Golden Beach in Odisha,  Kasarkod and padubidri in Karnataka, Goghla in Daman and Diu,  Radha Nagar beach in Andaman and Nicobar Islands, Kappad in Kerala and Rushikonda in Andhra Pradesh have been given the Blue Flag Certification.

Health Ministry to roll out FELUDA Paper strip tests for Corona Virus

The Union Health Ministry have announced during the fifth edition of “Sunday Samvaad” on October 11, 2020 that India is will roll out its Feluda Paper Strip test for Corona Virus in few weeks.

Delhi Government passed the Tree Transplantation Policy

The Delhi government passed a new tree transplantation policy on October 9, 2020. Under the policy, 80% of the trees that are uprooted for any construction or development project will be transplanted elsewhere.

Shrinking Spaces for Lesser Flamingos

On the occasion of World Migratory Bird Day celebrations, experts from Mumbai discussed the ways to protect lesser flamingos and wetland birds who are the migratory birds. They have reported that these birds are getting vulnerable as the spaces for them in India is shrinking.

Govt job interviews abolished in 23 states and 8 UTs

Union minister Jitendra Singh recently announced that government have abolished the interview for recruitment in government jobs in 23 states and 8 union territories.

ZSI and BSI released Animal and Plant Discoveries 2019

Zoological Survey of India (ZSI) and the Botanical Survey of India (BSI) have published their Animal discoveries 2019 and Plant discoveries 2019 that have listed 364 new species of animals and 180 species of plants. These animals and plants were discovered during the last year.

Parliamentary panel on IT to look in to TRP manipulation

The Parliamentary Standing Committee on Information Technology which is chaired by the Congress MP Shashi Tharoor will look into the TRP issue and take it into parliament as per the sources. The panel is taking up the issue seriously and it will be discussed in detail.

Rafael Nadal wins his 13th French Open men’s singles title

Rafael Nadal has won the French Open, 2020 beating Novak Djokovic on October 11, 2020. With this, Rafael has won his 13th French open men’s singles title. This is also his 20th Grand Slam .

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