Current Affairs Quiz - August, 2020

Notes:
India’s leading credit rating agency ICRA Ltd has appointed N Sivaraman as the Managing Director and Group Chief Executive Officer.
The appointment has been made for three years with effect from August 10. His tenure may also be extended for two more years. He had held senior positions in L&T Finance Holdings and he has served as the Chief Operating Officer at IL&FS till July 31, 2020.

Notes:
Major technology company Microsoft has unveiled the latest edition of its Security Endpoint Threat Report 2019.
As per the report, India has been placed among the countries with the highest cryptocurrency mining encounters in the last year. India registered the seventh highest malware encounter rate in the past year and the third highest ransomware encounter rate across the Asia-Pacific region.

Notes:
The Indian Space Research Organisation recently announced that IN-SPACe (Indian National Space Promotion and Authorisation Centre) will be the single nodal agency to regulate space activities and the use of ISRO facilities by private sector.
The Union Cabinet cleared the setting up of IN-SPACe as a separate body. Announcing the detailed structure of IN-SPACe, ISRO said that the body will have its own Chairman, technical experts from academia and industries and members of Prime Minister’s Office and Ministry of External Affairs.

Notes:
Apple surpassed multinational petroleum company Saudi Aramco to become the world’s most valuable publicly listed company.
The market capitalisation of the technology company surged to USD 1.82 trillion, as per the regulatory filing of the company. Whereas, the market capitalisation of Aramco stood at USD 1.760 trillion.

Notes:
Indian Council for Cultural Relations (ICCR) is an autonomous organisation of the Government of India head-quartered in New Delhi.
It promotes India’s external cultural relations by cultural exchange. The council was founded by the first Education Minister of independent India, Maulana Abul Kalam Azad in the year 1950. ICCR recently organised a two-day international webinar on the theme of ‘Lokmanya Tilak – Swaraj to Self-reliant India’.

Notes:
As per the National Hurricane Center of the United States, North Carolina has recently witnessed a Hurricane Isaias.
The hurricane has made a landfall near Ocean Isle Beach in North Carolina. More than a dozen tornadoes have been reported in North Carolina, Virginia, Maryland and Delaware. At least 2 people is said to have been killed in the hurricane.

Notes:
State-owned oil and gas company and the largest commercial oil company in the country, Indian Oil has partnered with France’s Total.
The Joint Venture has been formed to make Superior Quality Bitumen derivatives and specialty products for India’s road construction industry. The JB would initially take over the existing plant of Total at Jodhpur, Rajasthan and then invest Rs 226 crore to set up six new plants across India.

Notes:
Indian President Ram Nath Kovind has appointed former Union minister Manoj Sinha as the next Lieutenant Governor of Jammu and Kashmir.
He will replace the previous LG Girish Chandra Murmu who has resigned and his resignation has been accepted by the President. Manoj Sinha has served as Junior Railways Minister. He represented Ghazipur constituency in Uttar Pradesh in Lok Sabha.

Notes:
The Central Industrial Security Force (CISF) took over the security at the strategic Leh airport from local Police.
The Kushok Bakula Rimpochee Airport is one among the country’s highest-altitude commercial aerodromes. It is also the 64th civil airport to be brought under the security cover of the CISF. Around 185 CISF personnel will provide round-the-clock armed security in the airport.

Notes:
The Government of India has abolished All India Handicrafts Board, as per the recent notification of the Textiles Ministry.
The Board was constituted on January 23, 1992 under the chairmanship of the Union Textiles Minister. It has Secretaries in Ministries of Rural development and Micro small & medium enterprises and various states as members. It had been advising the Government on creation of development programmes in the handicrafts and handloom sectors.