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Daily Current Affairs – 2020

Topic: For Prelims and Mains

RISAT 2BR1

12th December 2019

Why in news?  

ISRO launched the RISAT-2BR1 satellite on 11 December 2019. India’s Polar Satellite Launch Vehicle (PSLV) launched RISAT-2BR1, the fiftieth flight (PSLV-C48), along with nine commercial satellites from Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota.

  • RISAT-2BR1 was injected successfully into an orbit of 576 km. Also, nine commercial satellites were injected into their respective orbits. Along with this, the two solar arrays of RISAT-2BR1 were deployed automatically.
  • The ISRO Telemetry Tracking and Command Network at Bengaluru has assumed the control of the satellite. It will be brought to the final operational configuration.

RISAT-2BR1:

  • RISAT-2BR1 is a radar imaging satellite. 
  • It is dubbed as a spy satellite.
  • The mission life span of RISAT-2BR1 is 5 years.
  • The satellite weighs about 628 kg.
  • It can take pictures of the earth during day and night even under cloudy conditions.
  • The satellites will help monitor the border 24/7 along with checking infiltration
  • It will keep an eye on terror or anti-national activities across the borders
  • the satellite aims to provide services in the field of Forestry, Agriculture, and Disaster Management.
  • ISRO also plans to launch radar imaging satellite 2BR2 with synthetic aperture radar after the launch.
  • Special Mention Account( SMA)

Special Mention Account( SMA)

What are SMA?

  • Special Mention Accounts are those assets/accounts that show symptoms of bad asset quality in the first 90 days itself.
  • What is the difference between NPA and SMA?
  •  Remember that NPA has duration of 90 days. On the other hand, the worst type of special mention account (SMA – 2) has less than 90 days’ duration.

 

MA Sub Category Classification basis
SMA – NF Non-financial (NF) signals of stress

 

SMA-0 Principal or interest payment not overdue for more than 30 days but account showing signs of incipient stress, Delay of 90 days or more in (a) submission of stock statement / other stipulated operating control statements or (b) credit monitoring or financial statements or (c) non-renewal of facilities based on audited financials.

 

SMA- 1 Principal or interest payment overdue between 31-60days.

 

SMA – 2 Principal or interest payment overdue between 61-90 days.

Facts for Prelims

Bougainville :

  • Bougainville has recently become the world’s newest and possibly the smallest independent country.

About:

  • Bougainville is currently a province of Papua New Guinea- one of the most populous Pacific island states.
  • It forms the part of the Solomon Islands archipelago.
  • Bougainville has a population of around 300,000 people comprising of 21 distinct language groups.

Time Magazine’s 2019 Person of the Year:

  • Bovada lists Swedish climate activist Greta Thunberg as odds-on favorite to be Time Magazine’s 2019 Person of the Year.

 

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