Daily Current Affairs 3rd July 2020 | CivilsonlinEd

03rd  July 2020 Daily Current Affairs

           

•       Dharma Chakra Day / Asaadh Poornima on July 4, 2020

  Ø  This day commemorates Buddha's First Sermon to his first five ascetic disciples at the Deer Park, Rsipatana in the present-day Sarnath near Varanasi, UP.

  Ø  The day is also celebrated by Buddhists all over the world as the day of Dharma Chakra Parvattana or “Turning of the Wheel of Dharma”. 

  Ø  This day is also aptly observed as Guru Poornima by both Buddhists and Hindus as a day to mark reverence to their Gurus.

                                  Source : PIB

•    PM visits Nimu in Ladakh to interact with Indian troops

  Ø  Prime Minister Shri Narendra Modi travelled to Nimu in Ladakh to interact with Indian troops earlier today

  Ø  Nimu is surrounded by the Zanskar range and is on the banks of river Indus

  Ø  The Prime Minister met the top leadership of the Indian Army and later interacted with personnel of the Army, Air Force and ITBP.

                                    Source: PIB

•   Drug Discovery Hackathon 2020

  Ø  This Drug Discovery Hackathon is a joint initiative of MHRD, AICTE and CSIR and supported by partners like CDAC, MyGov, Schrodinger and ChemAxon

  Ø  This Drug Discovery Hackathon is a joint initiative of MHRD, AICTE and CSIR and supported by partners like CDAC, MyGov, Schrodinger and ChemAxon

  Ø  Background Information and Methodology of Hackathon:

 · The hackathon consists of challenges that are posted as problem statements     and, are based on specific drug discovery topics which, are open to the     participants to solve.

 ·  My Gov portal is being used and any Indian student can participate.

 · Professionals and researchers from anywhere in the world can participate.

 · Two kinds of challenges problem statements (PS) are being offered and a     total of 29 have been identified.

 · Track 1 will primarily deal with drug design for anti-COVID-19 hit/lead   generation: this is done using tools such as molecular modelling, pharmacophore  optimization, molecular docking, hit/lead optimization, etc.

  · Track 2 will deal with designing/optimizing new tools and algorithms which  will have an immense impact on expediting the process of in silico drug discovery

·  There is also a third track called “Moon shot “which allows for working on problems which are ‘out of the box’ nature.

                                         Source: PIB

•    Two Bharat Bond ETF NFOs to open from 14 July

  Ø  Edelweiss Asset Management has announced the launch of two new Bharat Bond exchange-traded funds (ETFs).

  Ø  One will mature after five years in 2025 and the other after 11 years in 2031

  Ø  ETFs are mutual funds which passively track an index.

  Ø  Bharat Bond ETFs invest exclusively in AAA-rated papers of public sector companies.

  Ø  The base size of the new launches (combined) is ₹3,000 crore, with the option to retain another ₹11,000 crores.

                              Source: Livemint