Current Affairs for SSC CGL Exams - 28 DECEMBER 2019

::NATIONAL::

Overseas Citizenship of India cardholders, in certain age groups, can travel to India even if they have not re-registered it after the issuance of their new passports, as the Home Ministry has relaxed travel conditions till June 30, 2020.
An Overseas Citizen of India (OCI) cardholder is required to re-register each time a new passport is issued till 20 years of age and once after 50 years of age, the ministry spokesperson said.
In order to facilitate OCI cardholders, the requirement has been relaxed till June 30, 2020, according to the union home ministry instructions dated December 17, 2019, but they will have to carry old and new passports, she said.
The ministry has been informed that immigration authorities and airlines in some countries are not allowing OCI cardholders to travel to India because either the cardholder did not re-registered after attaining 50 years of age or did not get it re-issued on passport renewal (for the age group of below 20 years), the December 17 order said.

Government today said that more than one crore houses have been sanctioned under PradhanMantriAwasYojana (Urban).
Briefing media in New Delhi, Housing and Urban Affairs Minister HardeepPuri informed that one crore houses have already been sanctioned out of a validated demand of 1.12 crore houses in urban areas.
He said a total of 57 lakh houses are in various stages of construction of which, nearly 30 Lakh houses have been completed. PMAY (U) is one of the largest affordable housing programmes in the world.
Secretary, Ministry of Housing and Urban Affairs, DurgaShanker Mishra informed that the Mission has covered a range of social groups. This comprises of around 5.8 lakh senior citizens, 2 lakh construction workers, 1.5 lakh domestic workers, and 1.5 lakh artisans.
AIR correspondent reports, the implementation of PradhanMantriAwasYojana (Urban) has induced a remarkable investment in housing sector especially in the affordable housing segment.
The houses sanctioned so far under the Mission involve an investment of about 5.70 lakh crore rupees with central assistance of 1.6 lakh crore rupees.

The Reserve Bank on Friday directed large cooperative banks to report all exposures of Rs 5 crore and more to the Central Repository of Information on Large Credits (CRILC), a move aimed at early recognition of financial distress.
The Reserve Bank has created a CRILC of commercial banks, all India financial institutions and certain non-banking financial companies with multiple objectives, which, among others, include strengthening offsite supervision and early recognition of financial distress.
Earlier in its bi-monthly monetary policy review this month, the RBI had announced that to bring UCBs with assets of Rs 500 crore and above under the CRILC reporting framework.
Aggregate exposure will include all fund-based and non-fund based exposure (like partial credit enhancement) including investment exposure on the borrower.
To start with, UCBs will be required to submit CRILC report on quarterly basis with effect from December 31, 2019.

The Solvent Extractors’ Association (SEA) has said that reduction of crude palm oil import duties will seriously hurt the oil seed farmers and not benefit the Industry.
It also said that the national mission of edible oil which is targeting oilseed production in the country to about 50 million tonnes in next three to five years will also be jeopardized with this move.
We suggest duty differential between Crude palm oil (CPO) and refined palmolein be raised to 15% (or minimum 10% as at present ) without in any way reducing duties, said Chaturvedi.

Japan's government has announced that it will send a warship and patrol planes to protect Japanese ships in the Middle East as the situation in the region remains volatile.
The cabinet office said the rare overseas deployment, which will be limited to intelligence-gathering, is meant to ensure the security of Japanese merchant ships and help maintain peace and stability in the region. The decision follows a series of attacks on oil tankers in the region, one of which was Japanese-operated.
The announcement follows a meeting last week in Tokyo between Japanese Prime Minister Shinzo Abe and Iranian President Hassan Rouhani, whose country the United States has blamed for attacks on tankers in the Gulf of Oman in June.

The China-Brazil Earth Resource Satellite-4A (CBERS-4A), a new satellite jointly developed by China and Brazil as part of a bilateral programme, was recently sent into space, thus further pushes forward the aerospace cooperation between two countries. It was launched on a Long March-4B carrier fromTaiyuan Satellite Launch Center in Shanxi Province of China.
The same rocket also put into orbits another 8 satellites, including a wide-range multispectral remote-sensing microsatellite donated to Ethiopia (which is also Ethiopia’s first satellite)
CBERS-4A is equipped with 3 optical payloads:- a wide-range panchromatic multispectral camera developed by China, and a wide-field imager and a multispectral camera developed by Brazil.
It will obtain global optical remote-sensing data and will also support Brazilian government’s to monitor Amazonrainforest and changes in country’s environment.
It will also be used in fields such as earth resource monitoring, agriculture, environmental protection, meteorology, surveying and mapping, and serveBrazil and more developing countries. It can also provide services for African, Latin American and Asian countries.
The satellite was jointly developed by China Academy of Space Technology (CAST) and National Institute for Space Research (NISR) of Brazil, while thecarrier rocket was developed by Shanghai Academy of Spaceflight Technology.