Current Affairs Quiz - August, 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:
India has recently imposed restrictions on the import of Colour Television sets, in an effort to promote its domestic production.
The import of the TV sets was freed from previous restrictions two decades ago and since then there has been no amendments in the import policy. Now the Directorate General of Foreign Trade (DGFT) notified to change the policy from free to ‘restricted’. However, there is no restriction on importing monochrome TVs.

Notes:
FinTech company MobiKwik launched a UPI payment link service, mpay.me, that allows users to send and receive money from any UPI payment app.
Through the new service, users and merchants can set up a mini personal payment gateways with their mobile number and share them. With the link, users can send and receive money through any UPI app. This service works on mobile as well as computer.

Notes:
Large companies with turnover of over Rs 500 crore are mandated to submit sales invoices electronically.
This has been notified by the Government under the Goods and Services tax (GST) regime. As per the notification released, Units in special economic zones have been exempt from complying with e-invoicing. Earlier, the limit of turnover was Rs 100 crore.

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:
Rajya Sabha member Amar Singh has recently passed away at the age of 64. He was undergoing treatment in hospital for the past few months.
Several political leaders condoled the death of Amar Singh. He was a businessman turned Politician who had acquaintances in all major parties. He was active in his social media account even during last week.

Notes:
Ciro Immobile is an Italian professional footballer who plays for the football club Lazio and the national team of Italy.
Ciro Immobile was seen in news, as he has won the domestic Golden Boot and the European Golden Shoe award. In a recent match, he matched Gonzalo Higuain’s record of 36 goals in a single season. The striker had a record 14 penalties out of the total goals.

Notes:
India’s leading private sector bank Axis Bank is set to launch a an Artificial-Intelligence powered multilingual voice bot ‘AXAA’.
The bank has entered into a partnership with a Bengaluru start-up Vernacular.ai in this regard. The partnership aims to optimise AI-based voice solutions and automate customer interactions through human-like dialogues.

Notes:
India’s leading telecom operator Bharti Airtel Ltd and the cloud services subsidiary of Amazon, Amazon Web Services (AWS), entered into a strategic partnership to provide a range of cloud solutions to large, small and medium businesses.
The partnership aims to develop products that provides security to remote working. Under the partnership, Airtel Cloud will build an Amazon Web Services (AWS) Cloud Practise and develop Airtel Cloud products.

Notes:
The present Chairman of Securities Exchange Board of India (SEBI), Ajay Tyagi has been given an 18-month extension till February 2022.
According to a Personnel Ministry order, the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi has approved his extension. The 1984 batch IAS (retired) officer has been serving as the Chairman since March 2017.