Banking and Economy

After SBI, Govt nominates IOB for collecting donations for PM Cares Fund

• Indian Overseas Bank (IOB), has been nominated by the government for the collection of funds of PM-Cares Fund. Till now only State Bank of India was the nominated bank for the same.

• PM Cares stands for Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-Cares Fund).

• The contributions can be made by ECS, RTGS, NEFT, IMPS, cheques and demand drafts drawn in favour of PM-Cares Fund.

Summits and Mou’s

Arogya Sanjeevani Policy Cigna launched with IRDAI guidelines

• Manipal Cigna Health Insurance company has announced the launch of its Arogya Sanjeevani Policy, ManipalCigna. This standard health cover policy in line with IRDAI from one of the 29 insurers who have received the go-ahead to launch such policies in the industry.

• Every general insurance company has to launch a standard health plan and has to have an official name Arogya Sanjeevani Policy (name of insurer) for easy comparison by the buyers.

Awards

Naveen Patnaik awarded with ‘Hero to Animals Award’ by PETA India

• Chief Minister of Odisha, Naveen Patnaik has been conferred with ‘Hero to Animals Award’ by animal rights body PETA India.

• He has been awarded by People for the Ethical Treatment of Animals (PETA) for allocating funds to feed community animals in Odisha.

Sports

World Games 2021 Postponed to avoid Clash with Tokyo Olympics

• The International World Games Association (IWGA) - the organizer of the World Games 2021 have decided to postpone the mega sporting event by nearly an year to avoid a clash with Tokyo Olympic Games.

• The 11th Edition of the World Games which had originally been planned to take place from 15–25 July 2021 have now be pushed by an year, and will be held from 7th to 17th July 2022.

• The 11th Edition of the World Games 2021 will be hosted by Birmingham, United States.

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