Current Affairs Quiz - August, 2020

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:
The Sports Ministry has constituted a 12-member committee to select this year’s National Sports Awards winners.
The committee is to be headed by retired Supreme Court Justice, Mukundakam Sharma. It will select the award winners among both athletes and coaches. The members include Former India Cricketer Virender Sehwag, Hockey star Sardar Singh and Paralympic silver-medallist Deepa Malik.

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:
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:
Northern Railway operated the first-ever Vyapar Mala Express train from Delhi to Jirania in Tripura. It has 46 wagons and 34 of them were loaded with wheat and the remaining with rice and pulses.
Railways is said to have earned more than 94 lakh rupees from this Vyapar Mala Express train. This is an express service which aims to reach its destination in a shorter time, as the train will be monitored on a real-time basis.

Notes:
India has recently contributed a sum of USD 15.46 million to the India-UN Development Partnership Fund.
India’s Permanent Representative to the UN Ambassador T S Tirumurti handed over it to the United Nations Office for South-South Cooperation (UNOSSC). This UN Office manages the India-UN Development Partnership Fund. In the 15 million fund, USD 6 million goes to the overall fund and the remaining to the Commonwealth countries.

Notes:
The Indian Institute of Science (IISc), Bengaluru, has developed the country’s first ICMR-approved mobile RT-PCR lab.
Called the MITR (Mobile Infection Testing and Reporting) lab, it is capable of conducting 9000 tests per month. The lab than can produce 100% accurate results within four hours, has been handed over to the Rajiv Gandhi University of Health Sciences (RGUHS).

Notes:
American computer engineer William English, who played a key role in creating a computer mouse, has recently passed away at the age of 91 in California.
In 1960’s, he joined Stanford Research Institute (SRI) and worked on the development of a predecessor of modern computer along with Douglas Engelbart. Their model has a mouse which helped users to control the images on the screen interface.

Notes:
The Reserve Bank of India (RBI) held its second bi-monthly monetary meeting of FY 2020-21 on August 6, 2020.
After the meeting, the RBI Governor Shaktikanta Das announced that the central bank has decided to keep the key policy rates unchanged with ‘accommodative stance’. Hence, the repo rate will remain at 4 per cent and the reverse repo at 3.35 per cent. There were two rate cuts in March and May.

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.