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Important Current Affairs 21st December 2019

National

5th Edition of ARTECH to be held in New Delhi

• The 5th edition of ARTECH is being organised by Indian Army on ‘Technologies for Non-Contact Warfare’ which will be organised on 23 December 2019 at Manekshaw Centre, Delhi Cantonment.

• The seminar is the flagship event of the Indian Army which sets the agenda for focus areas of harvesting indigenous capabilities in the Defence sector.

• ARTECH Seminar was launched in 2016 as part of the overall vision of ‘Make in India’ of Hon’ble Prime Minister and is conducted every year as part of events leading to Army Day celebrations.

• ARTECH platform provides an opportunity to practitioners of military operations, policymakers in Ministry of Defence, industry and academia to put forth their contemporary Defence-related capabilities.

• Chief of the Army Staff: General Bipin Rawat.

• The motto of Indian Army: “Service Before Self”.

• Headquarters: New Delhi.

• Commander-in-Chief: President Ram Nath Kovind.

Uddhav announces Mahatma Jyotirao Phule loan waiver scheme of up to Rs 2 lakh for Maharashtra farmers

• The Maharashtra government has announced a loan waiver scheme named “Mahatma Jyotirao Phule loan waiver scheme” under which farmers in Maharashtra will get a loan waiver of upto Rs two lakh.

• The cut-off date for the scheme is September 30, 2019.

Wipro, NASSCOM jointly launch ‘Future Skills’ to boost engineering teaching

• Wipro has partnered with the National Association of Software and Services Companies (NASSCOM) to launch the ‘Future Skills’ platform to enhance the quality of engineering education.

• ‘Future Skills’ platform is a part of Wipro’s Corporate Social Responsibility programme, TalentNext and aims to target 10,000 students from over 20 engineering colleges in India.

Banking and Economy

RBI Announces special Open Market Operation (OMO) Purchase and Sale of Government of India Dated Securities

• The Reserve Bank has decided to conduct simultaneous purchase and sale of government securities under Open Market Operations (OMO) for ₹10,000 crores each.

• This has been done after a review of the current liquidity and market situation and an assessment of the evolving financial conditions.

• The RBI will buy ₹10,000 crore of 6.45% government bonds maturing in 2029 and simultaneously sell ₹10,000 crore of short-term bonds maturing in 2020.

Science & Technology

Ethiopia launched its first space satellite

• Ethiopia has launched its first satellite named Ethiopian Remote Sensing Satellite (ETRSS)-1 which took place at a space station in China.

• The Chinese Long March 4B rocket (CZ-4B) carried the ETRSS-1 from the Taiyuan Satellite Launch Center in China.

Sports

Rafael Nadal, Ashleigh Barty named ITF World Champions for 2019

• Ashleigh Barty (Australia) and Rafael Nadal (Spain) have been named as the ITF’s world champions for 2019 women’s and men’s respectively.

• They have been named the champions as they finished at the top in their respective category rankings.

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