Current Affairs Quiz - August, 2020

Notes:
The Union Government has extended the deadline for filing income tax returns for 2018-19 fiscal by two months till September 30.
The reason for the extension is constraints due to the Covid-19 induced lockdown. The Central Board of Direct Taxes has extended the deadline for the third time to September 30. Earlier it was postponed from March 31 to June 30 and then to July 31.

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:
For the first time in the world, US Technology Giants Facebook and Google will pay the media outlets of Australia for news content.
Australia is set to pass a dedicated law which mandates a royalty-style system. This is a historic move by the country to protest independent journalism. Last year, the Australian government asked the tech firms to negotiate with media companies to use their content.

Notes:
The 15th Finance Commission had set up an eight-member High-Level Group on Agricultural Exports headed by the Chairman of ITC, Sanjiv Puri.
It was set up to recommend performance incentives for States to encourage agricultural exports. The group has recently submitted the report that recommended a State-led Export Plan for a crop Value chain cluster (VCC). It also suggested to focus on 22 crop value chains.

Notes:
Union Health and Family Welfare Minister Harsh Vardhan launched a national- level programme named ‘Vidyarthi Vigyan Manthan’ 2020-21.
This initiative aims to promote scientific temper among school students of Class 6 to 11. It is jointly organised by Vijnana Bharati, in collaboration with Vigyan Prasar, an autonomous organisation under Science and Technology Ministry and NCERT of Education Ministry. It identifies and trains bright students with interest in Science.

Notes:
The Union Government has expanded the Emergency Credit Line Guarantee Scheme (ECLGS) by doubling the upper ceiling of loans to Rs 50 crore.
The scheme also includes individual loans given for business purposes to professionals like doctors, lawyers and chartered accountants under its scope. The maximum amount of guaranteed emergency credit line funding under the ECLGS scheme is also increased from Rs 5 crore to Rs 10 crore.

Notes:
Veteran England all-rounder Ian Botham has been made a member of the House of Lords of the British Parliament.
The 64-year-old former England captain is the first cricketer to be awarded this honour since 2011. He is among the 36 new members announced by the Government. He was knighted in the year 2007 for his services in cricket and in the field of charity.

Notes:
The Thenzawl Golf Resort project has been virtually inaugurated in the state of Mizoram, by the Union Minister of State for Culture & Tourism (IC) Prahlad Singh Patel.
The project has been launched under the Swadesh Darshan Scheme’s Integrated Development of New Eco Tourism. With a toral site area of 105 acres and a play area of 75 acres, it has been designed by the top-ranked Canada based architectural firm, the Graham Cooke and Associates.

Notes:
Technology major Google launched a new file-sharing feature named ‘Nearby Share’ for its Android users.
Using the feature, users can share content seamlessly with others in close range. The sender’s phone emits a low energy Bluetooth signal, which will be picked by the receiver’s phone. It can also use wi-fi to transfer files. It creates a reliable and fast connection in both online and offline modes.

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.