Daily Current Affairs 11th October 2020 For All Government Examinations

Daily Current Affairs 11th October 2020 For All Government Examinations

Daily Current Affairs 11th October 2020: EducationBro Provide Daily Base Current Affairs. This Most Important Daily Current Affairs Help You to Appear IBPS Banking SBI PO Clerical RRB SBI PO SSC CGL CHSL Railway and Other All Competitive Examinations.

Daily Current Affairs 11th October 2020: Education Bro Provide Every Single Day Most Important  Daily Current Affairs, Current Updates including different areas Current Affairs Updates like New Appointment, Awards, Deaths News, Banking News, Economic Update, National News, International News, State Level News, New launching Update, Summit & Conference Update, Defence News, Science & Technology Update, Sports News Updates

Daily Current Affairs 11th October 2020: Important Daily Current Affairs Booster Help You to Appear Banking IBPS PO Clerk, SBI PO Assistant (Clerk), RRBs Scale-1 Multipurpose, SSC CHSL CGL Railways and Other Government Examinations.

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Nobel Peace Prize 2020 Awarded to World Food Programme for combating hunger 

Nobel Peace Prize 2020: The Norwegian Nobel Committee has decided to award the 2020 Nobel Peace Prize to WORLD FOOD PROGRAMME (WFP) “for its efforts to combat hunger, for its contribution to bettering conditions for peace in conflict-affected areas and for acting as a driving force in efforts to prevent the use of hunger as a weapon of war and conflict.”

The World Food Programme is the world’s largest humanitarian organization addressing hunger and promoting food security. In 2019, the WFP provided assistance to close to 100 million people in 88 countries who are victims of acute food insecurity and hunger.

The World Food Programme is the food-assistance branch of the United Nations and the world's largest humanitarian organization focused on hunger and food security.

RBI Bi-Monthly Monetary Policy Statement - RBI keeps key interest rates unchanged 

The Reserve Bank of India in its bi-monthly Monetary Policy statement issued has maintained a status quo keeping the key interest rates unchanged.

The reverse repo rate remains unchanged at 3.35 per cent, the repo rate at four per cent.

The Monetary Policy Committee has also decided to maintain its accommodative stance as long as necessary at least through the current financial year and next year as Indian economy is entering into decisive phase in its fight against coronavirus.

In major announcements today, RBI Governor Shaktikanta Das proposed that the RTGS system for real time fund transfer to become 24X7 from December 2020.

BRICS Bank approves funds for Delhi-Meerut rapid rail, Mumbai metro 

New Development Bank, also known as BRICS Bank has approved infrastructure projects worth 741 million dollars in India.

In a press statement, the Shanghai based bank said that its Board of Directors approved a loan of USD 500 million for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project and a loan of USD 241 million for Mumbai Metro Rail II (Line 6) Project.

The loan for Delhi NCR region would be used by Government of India for on-lending to the National Capital Region Transport Corporation Limited (NCRTC) for construction of a rapid rail corridor connecting the National Capital Territory of Delhi with the cities of Ghaziabad and Meerut located in the State of Uttar Pradesh.

The RRTS will have a total length of 82.15 km (68.03 km elevated and 14.12 km underground) with 25 stations. It will have a design speed of 180 km per hour, maximum operating speed of 160 km per hour and high-frequency operations, which will reduce the journey time from Delhi to Meerut to 60 minutes.

Indian visa services resume in Bangladesh 

The High Commission of India in Dhaka has announced resumption of visa services in several categories for Bangladeshi nationals.

The High Commission announced that online visa application services for medical, business, employment, entry and journalist category has been resumed. The visa application process was suspended due to COVID 19 pandemic in March this year.

Polish teenager Iga Swiatek becomes the new French Open Champion: Sports Highlights

French Open 2020: Polish teenager Iga Swiatek has become the new French Open Champion. She beat the American Sofia Kenin in the Women Singles final by 6-4, 6-1.