Daily Current Affairs – Dec 20th, 2020

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About 14 per cent cut in CO2 emissions possible in small commercial vehicle segment with EV push: study

India can see 14% reduction in CO2 emissions in small commercial vehicle segment with higher electric vehicle penetration by 2030, as per study ‘Roadmap for Electrification of Urban Freight in India’ released by TERI & Shakti Sustainable Energy Foundation.

Did you Know

TERI Founder: Darbari S Seth;
Founded: 1974.

Handicrafts exhibition ‘Raag-Bhopali’ being organized from 26 to 30 Dec in Gauhar Mahal, Bhopal

Madhya Pradesh government has decided to introduce a new brand named Raag-Bhopali to give a new international identity to Bhopal’s handicrafts. The exhibition is being organized from 26 to 30 December in Gauhar Mahal, Bhopal.

Did you Know

Bhopal is popular for its zari, zardozi, and Jute work.

IIFL Home, ICICI Bank join hands for affordable housing, MSME loans

IIFL Finance subsidiary has tied up with ICICI Bank to provide affordable housing and MSME loans. Under the tie-up, IFL Home will originate and service customers through the entire loan life-cycle, and ICICI Bank will provide funding to these customers.

Did you Know

ICICI Bank CEO: Sandeep Bakhshi;
HQs: Mumbai;
Founded: June 1994

Singapore’s foodie “hawker” culture given UNESCO recognition

Singapore’s tradition of communal dining at hawker centres, open-air food courts popularised by celebrity chefs and hit films such as ‘Crazy Rich Asians’, has been recognised by UNESCO for its cultural significance. Hawker centres were set up in the 1970s

Did you Know

UNESCO Founded: 16 November 1945;
HQs: Paris, France.

World Bank comes out with corrected Doing Business rankings, lowers China place by 7 notches

The review details irregularities & required corrections affecting data for 4 countries: China, UAE, Saudi Arabia and Azerbaijan. As per the ‘Doing Business’ 2020 report, India had jumped 14 places to the 63rd position on the ease of doing business ranking

Did you Know

The ranking of Azerbaijan has been improved to 28 from 34.

International Human Solidarity Day: 20th December

UN General Assembly, on 22 Dec 2005, by resolution identified solidarity as one of the fundamental & universal values that should underlie relations b/w peoples in 21st century, and decided to proclaim 20 Dec of each year International Human Solidarity Day

Did you Know

United Nations Founded: 24 October 1945;
HQs: New York, US.

Defence minister Rajnath Singh inaugurates the advanced Hypersonic Wind Tunnel test facility in Hyderabad

Defence minister inaugurated advanced Hypersonic Wind Tunnel test facility in Hyderabad. The state-of-the-art facility is pressure vaccum driven enclosed free jet facility with nozzle exit of one-meter diameter. It will simulate Mach 5 to 12.

Did you Know

Mach represents the multiplication factor to the speed of sound.

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