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Daily Current Affairs – 2020
Topic: For Prelims and Mains
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 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
SMA – NF
Non-financial (NF) signals of stress
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.
Principal or interest payment overdue between 31-60days.
SMA – 2
Principal or interest payment overdue between 61-90 days.
Facts for Prelims
Bougainville has recently become the world’s newest and possibly the smallest independent country.
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.
New batch for IAS/PCS/ PCS-J 2021
One year PRE-cum-MAINS intensive and exclusive class room session after 15th June 2020(subject to government order/notification).
Online course for public administration (optional subject) for IAS/PCS Main examination from1st June 2020 also available.