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Date-Wise Current Affairs PDF
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NATIONAL AFFAIRS
Government proposed masks & hand sanitizers under Essential Commodities Act 1955
On March 13, 2020, the government amended Essential Commodities (EC) Act, 1955 to declare 2 ply & 3 ply
surgical masks, N95 masks & hand sanitizers as Essential Commodities up to 30th June, 2020 to ensure that
these products are available in the market at the right price given the outbreak of coronavirus & also has a
measure to manage it.
Key Points:
i.It also issued a consultation under the Legal Metrology(LM) Act,2009 that under EC law, after consultations
with manufacturers, states can ask them to increase the production capacity of these products & streamline the
supply chain, while states can ensure the sale of both products under MRP under the LM Act.
ii.Under the EC Act, the powers of the Central government have been already vested in the states
iii.Therefore the States /Union Territory(UT)s under EC Act can punish offenders with imprisonment up to 7
years or a fine or both & under Prevention of Black Marketing and Maintenance of Supplies of Essential
Commodities Act, 1980 (PBMMSEC), can detain for a maximum of 6 months.
iv.This will enhance the availability of both the items to the general people at reasonable prices or under MRP.
v.States are advised to advertise the state helplines to record consumer complaints of the 2 products,
Consumers can register their complaints in National Consumer Assistance Number 1800-11-4000.
Gist about Acts
EC Act, 1955:
In 1955 the Central government enacted this act to regulate the production, supply & delivery of bulk products
& make them available to consumers at reasonable prices. The list of 7 items under the Act include Drugs,
Fertilizer, Foodstuffs including edible oilseeds & oils, Hank yarn made wholly from cotton, Petroleum,
petroleum products, Raw jute & jute textile. If needed, new items can also be added by the center, when the
situation improves, they can be taken off the list.
LM Act, 2009:
It is implemented with effect from 1st April, 2011 it establishes and enforces the standards of weights &
measures, regulate the trade & commerce in weights, measures & other goods sold or distributed by weights,
measures or numbers, & for such related or incidental purposes.
PBMMSEC Act, 1980:
It provides the legislative & administrative foundation to control hoarding & black-marketing of essential
commodities. State/UT advised now & then to take appropriate action against hoarding & black-marketing & to
effectively enforce the acts.
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CRPF signs MoU with Aditya mehta foundation to train its specially-abled troops in areas of
cyber security & AI
On March 13, 2020, The Central Reserve Police Force (CRPF), India’s largest Central Armed Police Force, has
signed an Memorandum of Understanding (MoU) with Aditya Mehta Foundation (AMF),a non-profit
organization which aids people with disabilities to pursue sports, to train its 189 CRPF personnel who had lost
their limbs in operations in areas of cyber security, artificial intelligence (AI) and paralympic sports.
Key Points:
i.The agreement,signed in the presence of CRPF’s Director General (DG) AP Maheshwari, will help create newer
opportunities for such personnel to continue as the integral part of the force.
ii.The initiative also comes as a big boost for the CRPF personnel who had lost their limbs or undergone
amputation over the past 10 years.
iii.During the event,The CRPF Chief Maheshwari also handed over job appointment letters to a family member
of 20 CRPF personnel who had lost their lives in the line of duty or operations. Companies including Wipro,
Toyota, Dream Studio, Virtusa & Garcorp provided the offer letter to the beneficiaries.
About Aditya Mehta Foundation (AMF):
Headquarters– Secunderabad, Telangana
About Central Reserve Police Force (CRPF):
Headquarters– New Delhi
Motto– Service and Loyalty
Preceding agency– Ministry of Home Affairs
Minister responsible– Amit Shah, Union Minister of Home Affairs
credit (ANBC) or credit equivalent amount of off-balance sheet exposure (CEOBSE), whichever is higher
from 40% earlier.
About Reserve Bank of India (RBI):
Headquarters– Mumbai, Maharashtra
Formation– 1 April 1935
Governor– Shaktikanta Das
Deputy Governors– 4 (Bibhu Prasad Kanungo, N S Vishwanathan (will retire on March 31, 2020), Mahesh
Kumar Jain, Michael Debabrata Patra)
About UCBs:
A cooperative bank located in urban/semi-urban centre is known as Urban Cooperative Bank (UCB).
Establishment as per RBI Act- Large cooperative banks with paid-up share capital and reserves of Rs. l lakh
were brought under the preview of the Banking Regulation Act 1949 with effect from 1st March, 1966.
Key Points:
i.The government has also appointed Justice (Retd.) Anant Bijay Singh as a Judicial Member of NCLAT & Ms.
Shreesha Merla and Mr. Alok Srivastava as Technical Members.
ii.Prior to this appointment, Justice Bansi served as a Member (Judicial) of NCLAT for 2-years. He also worked
as judicial member of the Armed Forces Tribunal and as a Judge of the Jammu & Kashmir High Court (HC).
iii.Bansi’s appointment has been made under the Rule 10(1) of the Tribunal, Appellate Tribunal and other
Authorities (Qualifications, Experience, and other Conditions of Service of Members) Rules, 2020.
About National Company Law Appellate Tribunal (NCLAT):
It adjudicates issues relating to Indian companies.
Headquarters– New Delhi
Act– Companies Act 2013.
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