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One Liners of the Day, 26 May 2020

Defence

  • The Indian Air Force (IAF) will operationalise its No.18 Squadron equipping it with the fourth generation LCA Tejas aircraft at the Sulur Air Force Station near – Coimbatore, Tamil Nadu.

Economy

  • According to the Ninth Edition of ‘the Status Paper on the Government Debt’ report, Current debt of India - Rs 1.3 crore crore.

National

  • On 22 May, the Ministry of Road Transport and Highways has issued notification for the emission norms for the L7 (Quadricycle) category for - BS-VI vehicles.
  • The National Company Law Appellate Tribunal (NCLAT) has set aside an NCLT order to implead this ministry as a party in all proceedings related to insolvency and company matters before it - Corporate Affairs Ministry.

Persons in News

  • New Chief Economist and Vice President of the World Bank - Carmen Reinhart.
  • Present, President of the World Bank Group - David Malpass.
  • Indian peacekeeper who have been selected to receive the 2019 United Nations Military Gender Advocate of the Year Award - Major Suman Gawani.

Sports

  • Indian legendary hockey player who was the only Indian among 16 legends chosen by the International Olympic Committee across modern Olympic history and won three Olympic gold medals, died in Mohali, Punjab - Balbir Singh Sr.
  • First state in India that have accorded industry status to sports - Mizoram.

State Current Affairs

  • This state government has started preliminary works for implementing the unique Solar Fence Farmland Protection Programme - Tamil Nadu.
  • This state’s sports authority signed a MoU with the Times Centre for Learning Limited (TCLL) to impart training for personality and skill development for aspiring athletes - Sports Authority of Gujarat.

General Knowledge

  • Employees' State Insurance Corporation (ESIC) - Founded: 24 February 1952; Headquarters: New Delhi.
  • Indian Tea Association (ITA) - Founded: 1881; Head office: Kolkata.
  • Central Board of Indirect Taxes (CBIC) was founded on - 26 January 1944.
  • Indian Air Force (IAF) was founded on - 08 October 1932.
  • National Company Law Appellate Tribunal (NCLAT) was constituted on - 1 June 2016.
  • World Bank Group - Founded: 1944; Headquarters: Washington, D.C., United States.

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