Daily Current Affairs 29 January 2020: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 29 January 2020. It includes all Major National, International, Business and Sports related current affairs of 29 January 2020. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 29 January 2020 Current affairs test.

National News

1. INS Kavaratti

  • Garden Reach Shipbuilders and Engineers (GRSE) will deliver anti-submarine warfare stealth corvette INS Kavaratti to the Indian Navy.
  • Garden Reach Shipbuilders & Engineers Ltd, abbreviated as GRSE, is one of India’s leading shipyards, located in Kolkata, West Bengal. It builds and repairs commercial and naval vessels. Presently GRSE has also started building export ships in a mission to expand its business.
  • Chief of Navy Staff (CNS): Karambir Singh.

2. Delhi-Mumbai Electric Highway

  • According to Ministry of Road Transport, The highway from Delhi to Mumbai is under work and the target is to complete this highway before January 26, 2024.
  • Aim: Strongly pitching for alternative fuels in the country.

3. Abolition of the Legislative Council of Andhra Pradesh

  • Andhra Pradesh Legislative Assembly made and passed the resolution for abolition of the Legislative Council on 27 Jan 2020.
  • Chief Minister of Andhra Pradesh: Jagan Mohan Reddy || Governor of Andhra Pradesh: Biswabhushan Harichandan.

4. Kerala Media Academy Outstanding Media Person Award

  • The chairman of “The Hindu Group” N. Ram has been awarded as the outstanding media person by Kerala Media Academy.
  • The Hindu Group is a publishing company located in Chennai. The initial publication of The Hindu Group was The Hindu, a daily newspaper that began as a weekly in 1878.

International News

1. Global Potato Conclave 2020

  • The 3rd Global Potato Conclave-2020 has started at Gandhinagar, Gujarat.
  • It s organised by Indian Potato Association.
  • Indian Potato Association: Headquarters: Shimla, Himachal Pradesh.

2. Grammy Awards 2020 (Artist Name)

  • The 62nd Annual Grammy Awards announced at the Staples Center in Los Angeles.
  • Album Of The Year: When We All Fall Asleep, Where Do We Go? (Billie Eilish)
  • Record Of The Year: Bad Guy (Billie Eilish)
  • Best New Artist: Billie Eilish
  • Best Rap Album: Igor (Tyler, The Creator)
  • Best Rap Song: A Lot
  • Song Of The Year: Bad Guy ( Billie Eilish O’Connell & Finneas O’Connell)

3. Slovenia Prime Minister resigns

  • Prime Minister of Slovenia MarjanSarec has announced his resignation.
  • Capital of Slovenia: Ljubljana || Currency: Euro.

4. India’s next Ambassador to USA

  • Taranjit Singh Sandhu has been appointed as India’s next Ambassador to USA.
  • He will succeed Ambassador Harsh Vardhan Shringla.

Business News

1. CEO of Indian Banks’ Association

  • Sunil Mehta took over as the CEO of the Indian Banks’ Association (IBA) replacing VG Kannan.
  • Indian Banks’ Association, formed on 26 September 1946 as a representative body of management of banking in India operating in India – an association of Indian banks and financial institutions based in Mumbai.
  • Headquarters location: Mumbai || Founded: 26 September 1946

2. Fourth special open market operation

  • In the 4th special open market operation auctions.
  • RBI bought Rs 10000 crore worth of long-term securities and sold Rs 2950 crore worth of short-term government bonds.
  • An open market operation is an activity by a central bank to give liquidity in its currency to a bank or a group of banks.
  • Open market operations is a tool that the RBI uses to smoothen liquidity conditions through the year and regulate money supply in the economy.
  • Open market operations is the sale and purchase of government securities and treasury bills by RBI.

3. GDP Prediction by India Ratings and Research

  • According to India Ratings and Research, India’s GDP is expected to grow at 5.5% in FY21
  • India Ratings and Research (Ind-Ra) is India’s most respected credit rating agency committed to providing India’s credit markets accurate, timely and prospective credit opinions. Built on a foundation of independent thinking, rigorous analytics, and an open and balanced approach towards credit research, Ind-Ra has grown rapidly during the past decade, gaining significant market presence in India’s fixed income market.
  • Ind-Ra, headquartered in Mumbai, is a 100% owned subsidiary of the Fitch Group.

4. Weld India Exhibition

  • The 13th Weld India Exhibition will be organised in Mumbai by International Institute of Welding.
  • It is under the guidance of the Union Ministry of Skill Development, along with the support of National Skill Development Corporation and private industries.

Sports News

1. Saina Nehwal joins BJP

  • Olympic bronze medal-winning badminton player Saina Nehwal has joined the BJP.
  • Last year, several sports personalities including Gautam Gambhir, Yogeshwar Dutt, Babita Phogat and Sandeep Singh had joined BJP.

2. Life President of Asian Tennis Federation

  • Anil Khanna was unanimously nominated as the Life President of Asian Tennis Federation.
  • The Asian Tennis Federation is a non-profit organization affiliated with the International Tennis Federation. It is a continental body of national tennis associations of Asian countries.
  • Headquarter: Hong Kong

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