1.Environment
Indian Navy’s largest solar power plant commissioned in Kerala
Indian Navy’s largest solar plant is part of its contribution to the ‘National Solar Mission’
The plant is located at Indian Naval Academy, Ezhimala, Kerala.
Its capacity is a 3 MW and has a life of 25 years
Quick Fact: The National Solar Mission aims to achieve 100 GW of solar power by the year 2022.
2.Science and Technology
NASA’s ASTHROS Mission
ASTHROS stands for Astrophysics Stratospheric Telescope for High Spectral Resolution
Observations at Submillimeter-wavelengths
The mission will send a telescope, on a football stadium-sized balloon, at the stratospheric level to observe wavelengths of light invisible from the Earth.
This will help in understanding the formation of giant stars in the galaxy
Quick Fact: NASA headquarters are located in Washington, D.C., United States
3.Person in News
Partha Pratim Sengupta Appointed New MD, CEO Of Indian Overseas Bank
Partha Pratim Sengupta has been appointed as the new Managing Director and Chief
Executive Officer of Indian Overseas Bank.
Currently he is the Deputy Managing Director and Chief Credit Officer at State
Bank of India.
Quick Fact: The headquarters of Indian Overseas Bank is located in Chennai
4.Economy
Indian Accounting Standards related to leasing amended
Ministry of Corporate Affairs, Government of India amended the Indian Accounting Standards related to leasing.
These changes were made to facilitate rent concessions and changes to leases while in contract period during the corona pandemic crisis
Indian Accounting Standards is issued and supervised by the Accounting Standards Board.
5.Environment
FAO releases Global Forest Resources Assessment: India ranks third
The report assesses the condition and management of forests in the member countries.
According to the report, 10 countries have gained forest area between 2010 and 2020
Related to India:
- It accounts for 2% of total global forest area
- It provides 50% of the world forestry employment, which is the highest
India ranked third is terms of forest gain, after China and Australia
Quick Fact: Â Food and Agriculture Organization is a specialized agency of the United Nations
