Daily Current Affairs – 12 September, 2020

Daily Current Affairs - 12 September 2020
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Current Affairs is an important section to cover if one wish to appear in any kind of competitive exams like APSC, UPSC, all state civil service exams, Railway exams, SSC, RRBs, IAS, ACS, all Government job exams, TET, CTET and different banking exams like IBPS, SBI PO, SBI Clerk , RBI etc. We have covered the latest Daily Current Affairs – 12 September 2020. Visit our page regularly to get the latest information and get updated and prepared for your exams.

Daily Current Affairs – 12 September 2020

Postal Department launched ‘Five Star Villages’

The Department of Posts launched a scheme called the ‘Five Star Villages’ on September 10, 2020. The scheme was launched in order to bridge the gaps in public awareness and reach of postal products and services in interior villages. The scheme will ensure universal coverage of flagship postal schemes in rural areas of the country.

Schemes covered under ‘Five Star Villages’

The schemes covered under the ‘Five Star Villages’ includes-

  • Savings Bank accounts, Recurring Deposit Accounts, NSC/KVP certificates.
  • Sukanya Samridhi Accounts/PPF.
  • Funded Post Office Savings Account linked India Post Payments Bank accounts.
  • Postal Life Insurance Policy/Rural Postal Life Insurance Policy.
  • Pradhan Mantri Suraksha Bima Yojana Account/Pradhan Mantri Jeevan Jyoti Bima Yojana Account.

A village attaining universal coverage for four schemes from the above list gets four-star status and a village completing three schemes gets three-star status and so on.

India-Japan inks mutual military logistics agreement

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On September 10, 2020 India-Japan inked a landmark Logistic agreement on “Reciprocal Provision Supplies and Services” to allow their militaries to access each other’s bases for logistics support. The acquisition and cross-servicing pact was signed be Defence Secretary Ajay Kumar and Japanese Ambassador Suzuki Satoshi.

Key Points

  • The agreement is expected to facilitate the smooth and prompt provision of supplies and services between the Self-Defense Forces of Japan and the Indian Armed Forces.
  • The pact will enhance the interoperability between the armed forces, resulting in further expansion of bilateral defense engagement under the Indo-Japan special strategic and global partnership.
  • The agreement establishes the enabling framework for closer cooperation between the armed forces of India and Japan in reciprocal provision of supplies and services.

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