ODISHA
Odisha CM asks banks to help those dependent on credit
Emphasizing on credit linkage for the vulnerable, especially farmers, women and MSMEs, chief minister Naveen Patnaik on Tuesday asked banks to wholeheartedly support those dependent on bank credit.
Expressing his satisfaction over the considerable progress in credit disbursement in the past few weeks, the chief minister asked banks to keep up the momentum. Naveen asked the collectors to closely follow up on credit distribution programmes.
MSMEs are considered the backbone of the state’s economy and play a significant role in employment. The chief minister said the overall credit flow to MSMEs during this difficult economic situation was quite satisfactory.
INTERNATIONAL
Boeing announces Super Hornet demonstrated compatibility with Indian carriers
American aviation giant Boeing announced that its F/A-18 Super Hornet fighter has demonstrated compatibility with India’s aircraft carriers between the U.S. and India.
The F/A-18 Block III Super Hornet would not only provide superior war-fighting capability to the Indian Navy but also create opportunities for cooperation in naval aviation between the U.S. and India.
F/A-18 can also interface with the Navy’s P-8I as a “force multiplier” and also with other platforms under induction.
NATIONAL
Centre and WB sign USD 500 million project to build Green National Highway Corridors
The Centre and the World Bank signed a USD 500 million project to build safe and green national highway corridors in Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh.
The project will also enhance the capacity of the Ministry of Road Transport and Highways in mainstreaming safety and green technologies.
The Green National Highways Corridors Project will support the Road Transport and Highways Ministry to construct 783 kilometres of highways in various geographies by integrating safe and green technology designs such as local and marginal materials, industrial byproducts and other bioengineering solutions.
The project will help reduce GHG emissions in the construction and maintenance of highways.
Positive Pay system for Cheques
The Reserve Bank of India (RBI) has decided to introduce a new rule for cheque payments from January 1, 2021.
It is called ‘positive pay system’ for cheques, under which re-confirmation of key details may be needed for payments beyond Rs 50,000.
Availing of this facility would be at the discretion of the account holder.
However, banks may consider making it mandatory in case of cheques for amounts of Rs 5 lakh and above.
Rafael Nadal wins Stefan Edberg Sportsmanship Award
Former world number one tennis player Rafael Nadal bagged the Stefan Edberg Sportsmanship Award for the third year in a row and fourth time in his career at the ATP Awards
Nadal, who won a record-stretching 13th Roland Garros title at the French Open this year, was voted for the award by fellow players.
World No. 1 Novak Djokovic along with US Open champions Mate Pavic and Bruno Soares were also honoured for finishing 2020 on top of the men’s singles and men’s doubles rankings.
Break dancing gets Olympic status to debut at Paris Games in 2024
Breaking, the official name for competitive breakdancing, will become an Olympic sport for the first time at the 2024 Paris Olympics.
The sport was one of four to be approved for the summer games.
Surfing, skateboarding and sport climbing were also approved for Paris 2024, but all three events will also be a part of the Tokyo Olympics in 2021.
OPSC Notes brings Prelims and Mains programs for OPSC Prelims and OPSC Mains Exam preparation. Various Programs initiated by OPSC Notes are as follows:-- OPSC Mains Tests and Notes Program
- OPSC Prelims Exam 2020- Test Series and Notes Program
- OPSC Prelims and Mains Tests Series and Notes Program
- OPSC Detailed Complete Prelims Notes