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:
Veteran Folk musician Sonam Tshering Lepcha has recently passed away at Kalimpong, West Bengal at the age of 92.
He travelled to various parts of Sikkim and compiled several Indian folk and traditional Lepcha songs. He was also known for his efforts to popularise and represent Lepcha culture. He was awarded the prestigious Padma Shri award by the Government.

Notes:
NITI Aayog’s Atal Innovation Mission (AIM) has recently launched an Incubator Capabilities enhancement program named ‘AIM iCREST’.
AIM has collaborated with Bill & Melinda Gates Foundation and Wadhwani Foundation for support and expertise in entrepreneurship and innovation. The program aims to support start-ups in knowledge transfer and reaching global markets.

Notes:
Union Minister of Jal Shakti, Gajendra Singh Shekhawat, and Union Minister of Textiles and Women & Child Development Smriti Irani officially launched the book with essays on the journey of Swachh Bharat Mission.
Named the ‘Swachh Bharat Kranti’ (Swachh Bharat Revolution), it has been edited by the Secretary of the Department of Water and Sanitation and has been translated to Hindi. The book has as many as 35 essays by several stake holders involved in the mission.

Notes:
Hyderabad has been ranked 16th among the ‘Top 20 Most Surveilled Cities globally’, according to a report published by Comparitech.
In the survey conducted by the UK-based firm, Hyderabad topped the country with its 3 lakh CCTV cameras to organise surveillance operations in a city of over 1 crore. The Taiyum city of China was ranked at the top spot with 4.65 lakh CCTV cameras.

Notes:
PTC India Limited, previously called as Power Trading Corporation of India has been approved to set up the third Power exchange of India.
At present, India has two power exchanges namely Indian Energy Exchange (IEX) and Power Exchange India (PXIL), to enable over-the-counter sale and purchase of power. The Central Electricity Regulatory Commission has approved the proposal of PTC India made along with BSE Investments and ICICI Bank.

Notes:
Union MSME Minister Nitin Gadkari has approved the employment generation program proposed by Khadi and Village Industries Commission (KVIC) to promote Agarbatti production.
Named the ‘Khadi Agarbatti Atma Nirbhar Mission’, the scheme aims to create employment for the unemployed and migrant workers across the country. KVIC will provide Automatic Agarbatti making machines in subsidised prices.

Notes:
As per a recent statement by the Union Consumer Affairs Ministry, over 44 lakh tonnes food grains were lifted by States and Union Territories till date.
The food grains were taken under Pradhan Mantri Garib Kalyan Anna Yojana-2. Under the scheme, around 201 lakh tonnes food grains will be distributed among 81 crore beneficiaries. The scheme has been implemented from July 1 will be implemented till November 2020.

Notes:
Technology Giant Google India has collaborated with Prasar Bharati and Virtual Bharat for AI-enabled Independence Day celebration of India.
It seeks to recreate the feeling of singing the National Anthem in schools by using Artificial Intelligence Technology. Participants can download the mentioned application and record themselves singing the anthem. It would convert the voice into traditional instrumental music.

Notes:
The Reserve Bank of India (RBI) has recently announced that it will establish an innovation hub to assist start-ups to tackle the challenges of financial inclusion.
The hub seeks to provide solutions for efficient banking transactions. This has been introduced in the bi-monthly monetary policy statement released by the RBI. The funds allocated for the project and its location will be disclosed by the Central Bank.