Current Affairs - 2019-20

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Private sector Lakshmi Vilas Bank has tied up with Fisdom, a fin-tech startup to launch a financial planning platform called Mission FINFIT for personal wealth management services based on Robo advisory.

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The United Nations Public Service Day is observed every year on June 23 to recognize the work of public servants and to encourage young people to pursue careers in the public sector. The day is also observed to celebrate value and virtue of public service to the community and to raise awareness regarding the contribution of public service in the development of society and honouring the work of public servants.

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India and Switzerland have signed two pacts for technical cooperation in the field of Railways after delegation level talks between Prime Minister Narendra Modi and visiting President of Swiss Confederation Doris Leuthard in New Delhi. The aim of pacts is to cooperate in the areas of traction rolling stock, EMU and Train sets, traction propulsion equipments, freight and passenger cars, etc. To boost bilateral ties, Swiss president, Doris Leuthard is on a 3-day visit to India. The visit is significant as Switzerland is the chair of the Nuclear Suppliers Group (NSG) where India has been seeking membership. The main theme of the presidential visit is the Treaty of Friendship signed between Switzerland and India in 1948, in which the two countries gave assurances of “perpetual peace” and “unalterable friendship”.

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India imports the most tea from Nepal. In 2021-22, India imported 11.12 million kg of tea from Nepal, which was the largest quantity. The next largest quantity came from Kenya at 7.08 million kg.

In 2021, India imported $54.7M in tea, mainly from:

• Nepal ($20.2M)
• Kenya ($11.7M)
• Iran ($4.14M)
• Vietnam ($3.96M)
• United Arab Emirates ($3.76M)

India is the world’s second largest exporter of tea. In 2019, India exported $842 million of tea.

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The International Tiger Day (ITD) is celebrated every year on July 29 to spread the message to protect these endangered species and assist in maintaining ecological integrity. It was created in 2010 at the Saint Petersburg Tiger Summit in Russia with the goal to bring worldwide attention to the dwindling numbers of tigers and their plight. According to World Wildlife Fund and Global Tiger Forum (GTF), the total number of wild tigers has risen to above 3,000 in 2016. The number is expected to increase in the new tiger counting, which started in January 2018. India is home to 70% of tigers in the world.

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Recently, Switzerland and India have inked a pact to extend the Indo-Swiss Building Energy Efficiency Project (BEEP) by five years till 2021 based on successes achieved by the project in the first phase. 

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Recently, the ministry of earth science (MoES) launched a high performance computer (HPC) system named Mihir. The system is meant to improve India’s weather forecasting. It will be India’s largest in terms of peak capacity and performance and will propel the country’s ranking from the 368th position to the top 30 in list of HPC facilities across the world. India will now also be ranked 4th, after Japan, UK and US for dedicated HPC resources for weather/climate community.

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The member states of Eurasian Economic Union (EAEU) are: Belarus, Kazakhstan, Kyrgyzstan, Russia and Armenia.
Moldova has been granted the Observer Status in April 2017.

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Brucellosis is an infectious disease caused by a type of bacteria called Brucella. The bacteria can spread from animals to humans. The bacteria cause the disease mainly due to ingestion of unpasteurized milk or undercooked meat.

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The Hubble space telescope has captured a new image showcasing an incredibly massive galaxy located under 400 million light-years away from the Earth. The galaxy UGC 12591 sits somewhere between a lenticular and a spiral, according to NASA.