Top Best Current Affairs 24 October 2020

Indian Bank has introduced an initiative for funding start-ups, 'IND Spring Board', in collaboration with the IIT-Madras Incubation Cell (IITMIC). The Chennai-headquartered bank seeks to bridge the gap in funding for start-ups through this collaboration with IITMIC.

Meghalaya Chief Minister Conrad K Sangma has launched the 'micro ATM' service in rural areas of the state. He distributed the handheld devices, through which money could be withdrawn, to banking correspondent agents (BCA) on Wednesday. "Micro ATMs will take banking services to the doorsteps of people in rural areas.

The Chief of Army Staff, General MM Naravane has commissioned the 'INS Kavaratti', the last of four indigenously-built anti-submarine warfare (ASW) stealth corvettes, into the Indian Navy in Visakhapatnam.

Uttarakhand Chief Minister, Trivendra Singh Rawat has inaugurated Integrated Model Agricultural Village scheme (Ekikrit Adarsh Krishi Gram Yojana) in the state in partnership with NABARD. Putting emphasis on mechanized farming for boosting productivity, state Agriculture Minister Subodh Uniyal urged National Bank for Agriculture and Rural Development (NABARD) Chairman G R Chintala to lend a helping hand to farmers to switch over to mechanized farming.

The Principality of Andorra joined the International Monetary Fund (IMF) when Ambassador Elisenda Vives Balmana signed the IMF's Articles of Agreement at a ceremony in Washington D.C. Andorra had applied for membership to the IMF in January 2020.

The Election Commission of India has set up a 2-member committee to examine the issue of revising the expenditure limit for candidates for Lok Sabha and assembly polls. The committee will comprise of Shri Harish Kumar, Ex. IRS and DG (Investigation), Shri Umesh Sinha, Secretary-General and DG (Expenditure). The need to set up this committee was felt in view of the increase in the number of electors and the rise in the Cost Inflation Index. It will submit its report within 120 days of its constitution.

World Snow Leopard Day is observed globally on 23rd October. The main purpose of this day is to show the importance of snow leopard conservation and raise awareness about this incredible animal. The day also emphasizes the importance of taking measures to stop poaching, as well as consolidating efforts in terms of an environmental organization in the countries of the snow leopard range.

Union health minister, Dr Harsh Vardhan, virtually addressed the World Bank- IMF annual meeting. The theme of the meeting was "Unleashing the South Asian Century through Human Capital for All" and "Investing in COVID-19 Vaccines and Primary Healthcare Delivery System."