Current Affairs Quiz - August, 2020

Notes:
The Indian Government has imposed safeguard duty on solar cells for one more year till July 2021 to protect domestic manufacturers.
This move will also discourage cheap imports from countries like China. Directorate General of Trade Remedies (DGTR), the investigative arm of the Commerce Ministry had recommended to the Department of Revenue for this imposition of duty.

Notes:
India’s leading NBFC and a Public sector Unit (PSU) under Ministry of Power, Power Finance Corporation (PFC) has partnered with Indian Institute of Technology- Kanpur (IIT-K) for Training and Research in Smart Grid Technology
Under the agreement, PFC will provide financial assistance of over Rs 2 Crore to the institution under its Corporate Social Responsibility (CSR) initiative. This is expected to promote research and Entrepreneurship Development in the field.

Notes:
Large companies with turnover of over Rs 500 crore are mandated to submit sales invoices electronically.
This has been notified by the Government under the Goods and Services tax (GST) regime. As per the notification released, Units in special economic zones have been exempt from complying with e-invoicing. Earlier, the limit of turnover was Rs 100 crore.

Notes:
‘Samarth’ is an initiative of E-Commerce major Flipkart, to help artisans of India that was launched last year.
Under the programme, Walmart-owned Flipkart had partnered with five non-governmental organisations (NGOs) to help local artisans in using the online marketplace to sell their products. Flipkart recently announced that under ‘Samarth’, it has supported 6 lakh artisans to reach around 200 million customers.

Notes:
The United Kingdom is set to imprint the image of Mahatma Gandhi in a new set of coins, as a part of efforts to celebrate the contributions of non-white individuals.
Rishi Sunak, the Chancellor of the Exchequer has sent the recommendation to the Royal Mint Advisory Committee (RMAC). It is conducting a campaign called “We Too Built Britain”. If the coins are minted with Gandhi’s image, he would be the first non-White person to feature on a British coin.

Notes:
Union Agriculture Minister Narendra Singh Tomar has recently launched the official YouTube channel of the National Cooperative Development Corporation.
It is called the ‘Sahakar Cooptube NCDC Channel and is a new initiative by NCDC, a statutory Corporation under the Ministry of Agriculture & Farmers Welfare. The Union Minister also launched instruction videos produced by NCDC on ‘Formation and Registration of a Cooperative’.

Notes:
Former Maharashtra Chief minister Shivajirao Patil Nilangekar passed away at the age of 89, due to prolonged illness.
He had earlier been tested positive for coronavirus disease. Nilangekar was a Congress leader, who was the Chief Minister of Maharashtra from June 1985 and March 1986. However, he resigned from the post after an allegation and order of the Bombay High Court.

Notes:
The Ministry of Defence (MoD) has unveiled the draft ‘Defence Production & Export Promotion Policy (DPEPP) 2020’ for public feedback.
As per the policy, the aim is to achieve Defence and Aerospace exports of USD 5 billion by the year 2025. It also seeks to increase the manufacturing turnover in Defence sector to $25 bn or ₹1,75,000 crore.

Notes:
The Union Territory of Dadra and Nagar Haveli and Daman and Diu has launched a new mobile application named ‘E-Gyan Mitra’.
The application launched by the Education Department of the UT aims to teach the students through digital mode. Students from Primary to Higher secondary classes can take online classes and attend tests in the application.

Notes:
Mohamed Irfaan Ali has been sworn in as the new President of the South American country Guyana, five months after the General Elections.
The 40-year-old former housing minister and lawmaker will succeed the previous President David Granger. After several allegations in the elections, the opposition candidate has been selected by the Election Commission.