Current Affairs Quiz - August, 2020

Notes:
The Union Ministry of Housing and Urban affairs has formed a five-member central team under Smart Cities Director Rahul Kapoor.
The panel will formulate project reports for both the cities, to improve infrastructure and employment opportunities in Ladakh. These cities have been selected in addition to the 100 smart cities in different states. This idea was initially proposed by the Home Affairs Ministry.

Notes:
The UK India Business Council signed a Memorandum of Understanding (MoU) with Industrial Extension Bureau (iNDEXTb), Industries and Mines Department of the state government of Gujarat.
This partnership between the UKIBC and Gujarat will help to boost business and industrial development in the state. UKIBC will also help to increase investment opportunities and provide market access to the businesses.

Notes:
In the month of May, the Union Finance Minister Nirmala Sitharaman had reduced EPF contribution by 4% for three months of May, June and July.
2% of employer’s contribution and 2% of employee’s contribution were reduced. This step was taken as a part of relief measures announced by the Government during the Covid-19 pandemic. From the month of August, the effective contribution will come back to the old deduction rate of 24%.

Notes:
The Small Industries Development Bank of India (SIDBI) has launched a knowledge portal named ‘MSME Saksham’, in association with TransUnion CIBIL.
The comprehensive financial education and knowledge platform will provide financial awareness to the micro, small and medium enterprises (MSME) and assist them in getting quick access to formal and affordable credit facilities.

Notes:
The Union Cabinet of India has given approval to Memorandum of Understanding (MoU) signed between India and Zimbabwe on cooperation in the field of Traditional Systems of Medicine and Homeopathy.
The MoU that was originally signed on November 3, 2018, will mutually benefit the two countries in the field of Traditional Medicine including recognition of educational qualifications, provision of scholarships etc.

Notes:
Former Taiwan President Lee Teng-hui has recently passed away at the age of 97, after having suffered from Pneumonia.
After a landslide victory, Lee Teng-hui served as the first democratically elected president of Taiwan in the year 1996. He resisted China’s activities to absorb the country and wanted Taiwan to be a ‘country of democracy, freedom, human rights and dignity’.

Notes:
The Ministry of Consumer Affairs has integrated four additional states Jammu & Kashmir, Manipur, Nagaland and Uttarakhand to the One Nation One Ration Card scheme.
With this, the scheme has been enabled in a total of 24 States/UTs across the country. Around 80 percent of the beneficiaries of National Food Security Act (NFSA) have been covered. The Ministry aims to integrate all states/UTs to the scheme by March 2021.

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:
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:
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.