Top Best Current Affairs 11 July 2020

United Arab Emirates has announced to send probe to Mars to capture comprehensive image of the weather in the atmosphere of Mars. With this, the UAE will be the first Arab nation to achieve the milestone. The UAE's probe will help pave the way for scientific breakthroughs in studying the Mars Atmosphere.

In accordance with the Economist Intelligence Unit report on "Cancer preparedness in Asia-Pacific: Progress towards universal cancer control", India has been ranked eighth with an overall score of 51.6 for cancer preparedness among 10 Asia-Pacific countries. The report sponsored by Roche, examined the findings from the EIU's Index of Cancer Preparedness which was created upon the findings of the global ICP (evaluated 28 countries based on 45 separate indicators).

As a part of the Rs 20 lakh crore "Atmanirbhar Bharat Abhiyan" announced in response to the COVID-19 crisis, the Union Cabinet has given its approval to a 10 years long (FY2020 to FY2029) pan India Central Sector Scheme namely "Agriculture Infrastructure Fund" with an outlay of Rs. 1 Lakh Crore in order to support agri-entrepreneurs, start-ups, agri-tech players and farmer groups for infrastructure and logistics facilities. Under this, the total outflow as budgetary support from Government of India (GoI) will be Rs.10,736 crore.

According to data from the Reserve Bank of India, Tamil Nadu has topped market borrowings among States in India with a collection of Rs.30,500 crore in the fiscal 2020-21(FY 21). TN, which has accounted for 17% of the borrowings done through the issue of bonds (known as state development loans), has been followed by Maharashtra 25,500 crore (14%), Andhra Pradesh 17,000 crore (9%), Rajasthan 17,000 crore (9%).

Prime Minister Amadou Gon Coulibaly (61), the Presidential election candidate of Ivory Coast's ruling party, died on 8 July 2020 at Abidjan, Ivory Coast within a few days after returning from two months of treatment in France.

The Central Board of Direct Taxes (CBDT) and Securities and Exchange Board of India (SEBI) signed a Memorandum of Understanding (MOU) for the data exchange between the two organisations via video conference.

In accordance with the Dun and Bradstreet's (D&B) Country Risk and Global Outlook Report, which has covered 132 countries, the global economy is likely to contract by 5.2% in 2020. This is the biggest decline since the Second World War and a far stronger contraction than the 1.7% recorded in 2009 during the global financial crisis. As per report, the global economy will not reach pre-pandemic levels of activity again before 2022.

Bar Council of Delhi has requested PM Narendra Modi for financial assistance of Rs 500 crore under the PM Cares Fund and Contingency Fund to help the advocates in Delhi NCR. The move came in the wake of problems faced by advocates in Delhi in last 4 months due to the closure of courts amid COVID-19 pandemic.