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March 07, 2020 • 15:22 pm

Current Affairs for NTA UGC-NET Exam : (Jan & Feb 2020)

For Qualifying NTA UGC-NET June 2020 Exam, Candidates must practice the frequently asked questions from important topics of General Paper-1. Similarly, Regular Updates of Latest News & Current Affairs is also play an important role for preparation of Paper-1. Being updated with current affairs, helps in scoring quick marks in related questions asked in exam. So, In this article, we have summarized most important current affairs of Jan & Feb, 2020 relevant for UGC-NET June 2020 Examination.

1. The Indian Institute of Technology, Palakkad is to set up a research centre in Data Science. The centre being set up at Kanjikode aims at providing a platform of research for Artificial Intelligence and Data Science.

2. HRD Ministry launches ‘Higher Education Leadership Development Programme for Administrator’ -a joint initiative of UGC and British Council under the auspices of UK India Education and Research Initiative (UKIERI), which aims to deliver a leadership development programme for middle and senior level administrative functionaries in Indian Universities.

3. Union Minister for Finance & Corporate Affairs Nirmala Sitharaman unveils EASE 3.0, an initiative of PSBs, that seeks to enhance ease of banking in all customer experiences, using technology.

4. RBI allows Bandhan Bank to expand its branch network after baring it in September 2018 for not complying with the licensing conditions that required reduction in promoter stake in the bank from 82% to 40%.

5. The Reserve Bank of India has launched National Strategy for Financial Inclusion (2019-24). The main motive of the strategy is to provide access to financial services in an affordable manner.

6. On February 15, 2020, the board of Reserve Bank of India (RBI) decided to sync the Financial year of the bank with the Fiscal Year. The Fiscal Year begins in April and ends in March and the Financial year is between July and June.

7. On February 6, 2020, the Reserve Bank of India released its bi-monthly monetary policy. The apex bank has kept the policy repo rate unchanged. It remains at 5.15%. RBI Governor Shaktikanta Das-led Monetary Policy Committee has decided to continue with an “accommodative” policy stance.

8. The Direct Tax Vivad se Vishwas Bill, 2020 was introduced in Lok Sabha by the Minister of Finance, Ms. Nirmala Sitharaman. The Bill provides a mechanism for resolution of pending tax disputes related to income tax and corporation tax.

9. The Economic Intelligence Unit recently published the Worldwide Education for the Future Index for the year 2019. India has jumped by five ranks and currently holds rank 35.

10. The Education Department of Gujarat has launched ‘Study in Gujarat’ campaign to make Gujarat State an educational hub at national and international level.

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