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Important Current Affairs 3rd October 2020

National

World’s longest highway tunnel ‘Atal Tunnel’ to be opened by Prime Minister

•  Prime Minister of India will open World’s longest highway tunnel ‘Atal Tunnel’ on 3 October 2020.

•  This Tunnel is named after former prime minister Atal Bihari Vajpayee.

•  This is 9.2 km long tunnel which is the longest highway tunnel in the world.

•  This tunnel is connecting Manali to Lahaul-Spiti valley throughout the year.

•  It reduces the road distance by 46 Kms between Manali and Leh and the time by about 4 to 5 hours.

Tribes India E-Marketplace – India’s Largest Market of Tribal Products

•  Union Minister for Ministry of Tribal Affairs Shri Arjun Munda will launch – India’s Largest Market of Tribal Products named Tribes India E-Marketplace on 02 October 2020, on the occasion of Gandhi Jayanti.

•  This Tribes India e-Marketplace is an initiative of the government which aims to give platform for 5 lakh tribal producers for sourcing of various handicraft, handloom, organic food products across the country and brings the best of tribal produce.

Dr. Harsh Vardhan launches CSIR Technologies for rural development

•  The Minister of Science & Technology, Earth Sciences and Health & Family Welfare, Dr. Harsh Vardhan has launched CSIR Technologies for rural development under a joint initiative of Council of Scientific & Industrial Research (CSIR), Unnat Bharat Abhiyan (UBA), Indian Institute of Technology Delhi (IITD) and Vijnana Bharti (VIBHA).

•  The initiative was launched during the celebrations of 40th foundation day of CSIR-NISTADS.

Banking and Economy

BRICS Bank approves loans for Mumbai Metro, Delhi-Ghaziabad-Meerut Rapid Rail

•  The New Development Bank (NDB) of the BRICS countries has approved loan for Mumbai metro and for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) project.

•  $241 million loan for the Mumbai metro rail-II project will be used for implementing a metro rail line 6 with a length of 14.47 km in Mumbai

•  A loan of $500 million has been approved for the Delhi-Ghaziabad-Meerut RRTS project.

SBI signs MoU with HUL for an end to end digital solutions for ecosystem

•  India’s largest lender State Bank of India has entered into a partnership with FMCG major Hindustan Unilever to offer corporate solutions to its trade partners.

•  The partnership aims to make availing of credit easy for channel partners, provides UPI based payment solutions and PoS terminals to retailers & distributors

•  The objective of the partnership is to augment the width of credit and will be beginning a pilot in Mumbai and Bengaluru.

Awards

Bengal Peerless ropes in former cricket captain Sourav Ganguly as brand ambassador

•  City based real estate developer Bengal Peerless Housing has roped in Sourav Ganguly as brand ambassador for the company.

•  The former national cricket team captain and current president of the Board of Control for Cricket in India, Ganguly will primarily lead the campaign of the company’s residential project Avidipta II on EM Bypass.

Gajendra Singh Shekhawat presents Swachh Bharat Awards 2020

•  The Union Minister for Jal Shakti, Shri Gajendra Singh Shekhawat and the Minister of State for Jal Shakti, Shri Rattan Lal Kataria virtually conferred the Swachh Bharat 2020 Awards to the best performing States/UTs, districts, blocks, GPs in various categories on 2nd October 2020.

•  The Ministry of Jal Shakti is observing the Swachh Bharat Diwas, 2020 on 2nd October to mark six years of the launch of the Swachh Bharat Mission (SBM).

•  The Swachh Bharat 2020 Awards were conferred under three categories which are:

 Swachh Sundar Samudayik Shauchalaya (SSSS) campaign

 Samudayik Shauchalaya Abhiyan (SSA)

 Gandagi Se Mukt (GMB) campaign

Science and Technology

DRDO successfully test fires laser-guided anti-tank guided missile

•  The indigenously developed Laser Guided Anti Tank Guided Missile (ATGM) was successfully test fired by DRDO on 1st Oct 2020. It defeated a target located at longer range. The test was conducted from MBT Arjun at KK ranges (ACC&S) Ahmednagar in Maharashtra.

•  This Laser guided ATGM has been developed by Armament R&D Establishment (ARDE), Pune in association with High Energy Materials Research Laboratory (HEMRL), Pune and Instruments Research & Development Establishment (IRDE), Dehradun.

•  It has a tandem HEAT warhead to destroy Explosive Reactive Armour (ERA) protected armoured vehicles in ranges from 1.5 to 5 km.The missile is currently undergoing technical evaluation trials from 120 mm rifled gun of MBT Arjun.

Appointments and Resignations

Crown prince Sheikh Nawaf Al Ahmad Al Sabah becomes Kuwait’s new ruling emir

•  Kuwait’s Crown Prince Sheikh Nawaf Al Ahmad Al Sabah became the oil-rich nation’s new ruling emir, after the death of his half-brother Sheikh Sabah al- AhmadAl- Sabah at the age of 91.

•  Sheikh Nawaf, 83, had served as the crown prince since 2006, jumping a traditional order of alternating rule between the Al Jaber and the Al Salim branches of the country’s ruling family.

RBI Approves Appointment of CoD to Run Dhanlaxmi Bank Till Appointment Of CEO

•  Dhanlaxmi Bank said that the RBI has approved a three-member interim committee of directors, to run the private sector bank after the shareholders voted out its MD and CEO Sunil Gurbaxani.

•  The committee of directors (CoD) will be constituted with G Subramonia Iyer as chairman and G Rajagopalan Nair and P K Vijayakumar as its members.

Apurva Chandra appointed as Secretary of Ministry of Labour & Employement

•  Apurva Chandra appointed as new secretary of Union Ministry of Labour & Employement.

•  Earlier he was serving as Special Director General, Defence Acquisition, Ministry of Defence.

•  He belongs to the 1988 batch of the Indian Administrative Service (IAS), Maharashtra Cadre.

SBI appoints Charanjit Attra as CFO

•  The State Bank of India (SBI) has appointed Charanjit Singh Attra as its new Chief Financial Officer (CFO) with effect from 01 October 2020.

•  The post was lying vacant after the former Deputy MD & CFO Prashant Kumar, was appointed as the CEO of Yes Bank in March 2020.

•  C Venkat Nageshwar was serving the post on interim capacity.

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