20.06.19 West Bengal (WBPSC) Daily Current Affairs

INTERNATIONAL

  • Saudi Arabia becomes the first Arab country to be granted full membership of FATF

 

  • Saudi Arabia has become the first Arab country to be granted full membership of the Financial Action Task Force (FATF).

 

  • It has gained this status following the group’s Annual General Meeting in Orlando, Florida.

 

  • The Kingdom had obtained observer status in the Group in June 2015 and completed the mutual evaluation process in June 2018.

 

  • The FATF now has 39 full members, including the permanent members of the UN Security Council and most countries of the G-20.

 

  • The group is responsible for issuing international standards, policies and best practices to combat money laundering, terrorist financing and proliferation.

 

 

  • Mexico became the first country to ratify the trade deal to replace NAFTA

 

  • Mexico became the first country to ratify the trade deal to replace 25-year-old North American Free Trade Agreement (NAFTA).
  • The trade deal is known as the United States- Mexico-Canada Agreement (USMCA).
    The USMCA (NAFTA 2.0) modified for automakers, stricter labor, and environmental standards, intellectual property protections, and digital trade provisions.
  • US President Donald Trump and Canadian Prime Minister Justin Trudeau and Mexico’s and President Enrique Pena Nieto signed the deal in November 2018 need to ratified by all three governments.

 

 

NATIONAL

  • Government to launch Universal Smart Card Driving License
  • Ministry of Road Transport and Highways has decided to modify the format of driving licenses to smart card type driving licences.

 

  • Ministry has prescribed a common standard format and design of the Driving Licence for the whole of the country.

 

  • This Ministry, through its flagship application called SARATHI developed by NIC, has a common countrywide database of all driving license holders.

 

  • The SARATHI application has the feature to identify duplicate records online in real time and access information about the challans if any.

 

  • The code name of Balakot strike: Operation Bandar

 

  • The air strike by the Indian Air Force (IAF) on a terrorist training camp in Balakot, Pakistan, was code-named ‘Operation Bandar’.

 

  • It was IAF’s first strike inside Pakistan since the 1971 Indo-Pak war.

 

  • The airstrikes were conducted 12 days after the terror outfit claimed responsibility for a suicide attack on a Central Reserve Police Force (CRPF) convoy in Kashmir.

 

  • IAF had deployed 12 Mirage 2000 fighter jets for the attack.

 

  • The two pilots launched Israeli-made Spice 2000 satellite-guided bombs at the target.

 

 

  • RBI advises commercial banks to adopt Education Loan Scheme

 

  • Reserve Bank of Indiaadvised all Scheduled Commercial Banks to adopt Education Loan Scheme.
  • The schemes are formulated by the Indian Banks Association.
  • The salient features are Collateral free loans up to Rs 7.5 Lakh under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL).
  • No Margin for a loan up to Rs 7.50 Lakh.Repayment period of 15 years
    Loan up to Rs 10 lakh for study in India and up to Rs 20 lakh for study abroad.
  • One Year Moratorium for repayment after completion of studies in all cases.
    Moratorium taking into account spells of unemployment/underemployment say two or three times during the life cycle of the loan.

 

  • NSIC signs MoU with CSC e-governance services India

 

  • National Small Industries Corporation (NSIC) signed an MoU with Common Service Centres (CSC) e-Governance Services India to enhance new offerings for the MSME sector.
  • This MoU enables CSCs to utilize a plethora of NSIC offerings through the NSIC portal.
  • He facilitates VLEs and MSMEs through digital empowerment in accessing NSIC integrated support services encompassing Marketing, Finance, Technology.
  • The MoU special focus on providing services to village level entrepreneurs (VLEs) to exponential growth of Village Entrepreneurs in the country.

 

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