Page-50 of Current Affairs - August, 2020

India extended LoC worth USD 18 million to Maldives

India has extended the Line of Credit worth $18 million to the Government of Maldives in order to expand the fishing facilities in the island country. The facilities will be improved at Maldives Industrial Fisheries Company (MIFCO). Details The project ..

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RBI increases Gold loan amount to 90% of pledged gold value

The Reserve Bank of India has relaxed the norms for gold lending in the country and with this; the lenders can now give loans up to the value of 90% of the total value of gold. Previously, this was 75% ..

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RBI to set up innovation hub for Financial Sector

The Reserve Bank of India has announced that it is setting up an Innovation Hub to promote innovation across the financial sector by utilizing technology for various things. It is going to act as a centre of innovation for the ..

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Top GKToday’s News Headlines-7 August 2020

August 7, 2020 Here are Top GKToday’s News Headlines for August 7, 2020 India J&K: Former Union Minister Manoj Sinha appointed new lieutenant governor Former Union Minister of State for Railways Manoj Sinha was appointed as the next lieutenant governor ..

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Google joins hands with Prasar Bharati for AI-enabled Independence Day celebration

Google India has joined hands with Prasar Bharati in order to utilize Artificial Intelligence in the Independence Day celebrations in the country. The company plans to make the celebrations unique this year. In an attempt to make people remember the ..

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SpaceX’s Mars test rocket makes first successful flight and upright landing

The Elon Musk-owned company, SpaceX has launched a prototype of its Mars rocketship hundreds of feet into the air and then landed it upright in a successful test flight. This lasted for 45 seconds and reached just 500 feet at ..

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