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DAILY CURRENT AFFAIRS – 17 June 2020 : GK UPDATES

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DAILY CURRENT AFFAIRS – 17 June 2020 : GK UPDATES

1. ICMR scales up Covid-19 testing capacity to 3 lakh tests per day in country

The Indian Council of Medical Research, ICMR is continuously scaling up its testing facilities for COVID-19 by giving approval to government and private laboratories.

As of now, total 907 laboratories across India have been given approval to conduct the test for COVID-19 including 659 government laboratories and 248 private laboratory chains.

ICMR said that a total of 1,54,935 tests of Corona virus were conducted by the various laboratories in the country within the last 24 hours.

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So far, 59,21,069 tests have been conducted. The Union Government yesterday said that the COVID-19 recovery rate has reached 52.46 per cent in the country and a total of one lakh 80 thousand 13 people affected with Coronavirus have been cured in the country.

 

2. India 9th largest recipient of FDI in 2019, will continue to attract investments: UN

India received 51 billion US dollar in foreign investment in 2019. UN Conference on Trade and Development (UNCTAD) in its report said, it was the world’s ninth largest recipient of Foreign Direct Investments (FDI).

The report said, India’s large market will continue to attract market-seeking investments to the country.

The report said FDI to India, the largest South Asian recipient, increased 20 per cent to 51 billion US dollar, sustaining the country’s upward FDI trend. Most of the investments were in the information and communication technology and the construction industry.

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The United Nations is an intergovernmental organization that aims to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations.
Secretary General: António Guterres; Headquarters: New York, United States

 

3. 93rd Academy Awards postponed to April 25, 2021

The Academy of Motion Pictures Arts and Sciences and the ABC Television Network announced that the 93rd Oscars has been postponed and will now be held on April 25, 2021. This is the first time in 40 years that the ceremony has been rescheduled.

The prestigious Academy Award was earlier scheduled to be held on February 28, 2021. The shift in the date is due to the ongoing COVID-19 pandemic and its impact on the Hollywood movie industry.

The organization also announced the new release date eligibility rules. The feature film nominating for the Oscar must now have a qualifying release date between January 1, 2020, and February 28, 2021.

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The last time the Academy Award was postponed was in 1981. The award ceremony was delayed for 24 hours because of the assassination attempt on then US President Ronald Reagan.

 

4. ICICI Bank launches ‘Insta Flexicash’ paperless overdraft facility for salary accounts

ICICI Bank has launched an overdraft (OD) facility, Insta Flexicash for its salaried account customers who are facing a cash crunch.

It is designed to protect ICICI Bank Salary Account customers from missing their Equated Monthly Instalments (EMIs) or cheque bounces due to insufficient funds by providing short-term instant credit.

Customers can easily avail of this facility by initiating their application online. Insta Flexicash is an end-to-end fully digital facility which can be availed using the bank’s Internet banking platform. The facility can be sanctioned immediately while customers can start using the approved OD limit within 48 hours.

Static GK:

ICICI CEO: Sandeep Bakhshi; Headquarters: Mumbai

 

5. India becomes founding member of global alliance on Artificial Intelligence

– India joined international and multi-stakeholder initiative Global Partnership for Artificial Intelligence (GPAI) as its founding member. By becoming the founding member of the initiative, India has joined the leading nations of the world including the UK, EU, US, Australia among others.

– The global initiative aims to guide responsible development and use of Artificial Intelligence, grounded in human rights, diversity, inclusion, innovation, and economic growth. It will also provide support to the cutting- edge research and applied activities on AI-related priorities.

– Union Minister for Electronics and IT, Ravi Shankar Prasad made an announcement through a tweet and mentioned that India has joined GPAI as a founding member.