Top Best Current Affairs 20 July 2020

The United Nations' (UN) Nelson Mandela International Day is annually celebrated on July 18th, the birth anniversary of Nelson Rolihlahla Mandela, to recognise his contribution in creating a democratic South Africa.

One of the eminent Indian mathematicians of the post-Independence era, Professor C S Seshadri, has passed away. He was 88.

Union Civil Aviation Minister Hardeep Singh Puri informed that India has established individual bilateral 'air bubbles' with France and the United States (US). In addition to this, a similar arrangement with Germany has been established and Lufthansa will be operating the flights. This agreement allows countries' airlines to operate international flights.

Income Tax Department rolls out new Form 26AS with an aim to assist Tax payers in filing quick and correct Income Tax Return (ITR)

Tijjani Muhammad-Bande, The President of United Nations General Assembly announced that Marianna Vardinoyannis, of Greece, and Doctor Morissana Kouyate, of Guinea will receive the 2020 Nelson Mandela Prize. They will be recognised in the virtual ceremony on 20th July 2020.

As per the research report of India Ratings and Research (Ind-Ra), Centre's fiscal deficit is estimated to increase to 7.6% in FY21, which is twice the budget estimate as the country spends more to mitigate the impact of COVID-19 pandemic, facing a shortfall in revenues.

Indian Navy conducted major naval exercises in the Andaman and Nicobar Islands led by Sanjay Vatsayan, Chief Rear Admiral of Eastern naval fleet as a display of strategic intents against China amid the current military conflicts in the Northeastern borders in Ladakh. Chief of Naval Staff (CNS) is Admiral Karambir Singh.

According to the New World Bank country classifications by income level 2020-2021, India remains in the classification, Lower-Middle-Income Economy. In total 218 countries were included in this classification. Headquarters- Washington, D.C., United States