Current Affairs(26th October)
PM MODI LAUNCHES THREE PROJECTS IN GUJARAT
- Prime Minister Narendra Modi has inaugurated three projects in his home State Gujarat, one each related to farmers’ welfare, healthcare, and tourism development, via video conference from New Delhi.
- The three projects includes Kisan Suryodaya Yojna, lndia’s biggest cardiac hospital in Ahmedabad, and longest temple ropeway in Girnar, Junagadh
- The ‘Kisan Suryodaya Yojna’ is an Agri scheme which aims to provide power supply during daytime from 5 am to 9 pm (16 hours) for irrigation purposes to farmers.
- The Paediatric Heart Hospital was inaugurated at N Mehta Institute of Cardiology and Research Centre at Civil Hospital campus in Ahmedabad and a Mobile Application for telecardiology. The new facilities have been set up at the cost of Rs 470 crore and will be India’s biggest hospital for cardiology.
- Girnar hill ropeway at Junagadh is Rs 130 crore project. It would attract more tourists and pilgrims to this historical place which will boost employment
INDIA ASSISTED HYDROELECTRIC PROJECT IN BHUTAN
- India-assisted Mangdechhu Hydroelectric project in Bhutan has been awarded the Brunel Medal-2020, an award conferred by the UK’s top engineering body, Institute of Civil Engineers.
- The 720-MW Mangdechhu run-of-river power project is built on the Mangdechhu River in Trongsa Dzongkhag district of central Bhutan at a cost of Rs 4,500-crore.
- The project was jointly inaugurated by the prime ministers of the two countries in August 2019, during Prime Minister Narendra Modi’s state visit to Bhutan.
- Capital of Bhutan:
- Prime minister of Bhutan: Lotay Tshering.
- The currency of Bhutan: Bhutanese ngultrum.
"NO MASK NO SERVICE" POLICY IN BANGLADESH
- Bangladesh government has decided that no service will be provided to people who don’t wear a mask. The cabinet meeting chaired by Prime Minister Sheikh Hasina decided that no one will be allowed to enter offices without the mask.
- It decided that all offices must install notice boards saying ‘no mask, no service’ in order to control the spread of COVID 19 virus in the country.
- Involving community leaders in the campaign to wear a mask, the Cabinet Secretary said that the government has also talked to the Islamic scholars and religious leaders to publicise this at all mosques through the Imams.
- Prime Minister of Bangladesh: Sheikh Hasina.
- Capital: Dhaka; Currency: Taka.
NTPC RANKED 1ST AMONGST INDIAN PSUs
- National Thermal Power Corporation Limited (NTPC) has featured on the top on the list of Indian PSUs under the ‘World’s Best Employer 2020’, published by Forbes.
- The recognition is testimony to NTPC’s commitment towards inculcating best in class practices that are thoughtfully designed and robustly executed, the company stated in a statement.
- The modules have helped thousands of workers from NTPC to grow and think beyond the professional sphere. NTPC has successfully innovated and introduced people practices in the domain of hiring; engagement; diversity and inclusion; rewards and recognition; and performance management.
- In the recent past, the company has initiated an ‘NTPC Series’ on success stories beyond official work, ‘Ambition, Growth, Success Beyond Work’, a series on the achievements of employees beyond their official assignments.
- NTPC Founded in:
- NTPC Headquarters: New Delhi, India.
ICICI BANK SHUTS ITS OPERATION IN SRI LANKA
- ICICI Bank has shut down his operations in Sri Lanka after getting approval from the Sri Lankan monetary authority.
- The Monetary Board of the Central Bank of Sri Lanka, having considered the request made by ICICI Bank, has granted approval to close down the business operation of the bank in Sri Lanka and cancel the licence issued to it.
- The Director of Bank Supervision being satisfied with the bank complying with the terms and conditions imposed by the Monetary Board.
- The licence issued to the bank to carry on banking business in Sri Lanka is cancelled with effect from October 23, 2020.
- ICICI Bank Headquarters: Mumbai, Maharashtra.
- ICICI Bank MD & CEO: Sandeep Bakhshi.
LEWIS HAMILTON WINS PORTUGUESE GRAND PRIX 2020
- Lewis Hamilton (Mercedes-Great Britain) has won the 2020 Portuguese Grand Prix, held at Algarve International Circuit, Portugal.
- This was the 12th round of the 2020 Formula One World Championship. This is Hamilton’s 8th win of the season and 92nd career race victory.
- With this win, he has surpassed the record of 91 wins set by German great Michael Schumacher. Valtteri Bottas (Mercedes- Finland) came second followed by Max Verstappen (Red Bull – Netherlands) at the third spot.
UNION MINISTER LAUNCHED "LIFE IN MINIATURE" PROJECT
- Union Minister of State for Culture and Tourism (I/C), Prahlad Singh Patel has virtually launched the “Life in Miniature” project, collaboration between the National Museum, New Delhi, Ministry of Culture, and Google Arts & culture.
- On the Google Arts & Culture app, online viewers can experience the first Augmented Reality-powered art gallery designed with traditional Indian architecture, and explore a life-size virtual space where you can walk up to a selection of miniature paintings.
- The artworks showcased are presented along with five universal themes of the human relationship with nature, love, celebration, faith, and power.
- Users will be able to see famous miniature collections of the National Museum, like the Ramayana, Royal Saga, Pahari style paintings in never before seen ways and in extraordinary detail, in just a few clicks.
CHAIRMAN OF SAMSUNG LEE KUN-HEE PASSED AWAY
- The chairman of South Korea’s largest conglomerate, Samsung Group, Lee Kun-hee has passed away.
- Lee helped to transform Samsung from a small trading business to become the world’s largest producer of smart phones and memory chips.
- The firm’s overall turnover today is equivalent to a fifth of South Korea’s GDP. Lee was also the richest person in South Korea, according to Forbes, with a net worth of nearly $21bn.
- The Samsung Group is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. Samsung was founded by Lee Byung-chul in 1938 as a trading company.
- It comprises numerous affiliated businesses; most of them united under the Samsung brand, and is the largest South Korean chaebol (business conglomerate).