Current Affairs Quiz - August, 2020

Notes:
The Union Ministry of Home Affairs presents the ‘Subhash Chandra Bose Aapda Prabandhan Puraskar’ award.
The award recognises individuals as well as institutions for their contributions in the field of disaster management. The Government of India has recently invited the nominations for the award, which is presented on the birth anniversary of freedom fighter Netaji Subhash Chandra Bose, on January 23.

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 Parliament of Turkey approved a new legislation that gives its authorities more power to regulate social media content.
As per the law, major social media companies such as Facebook and Twitter will have to keep representative offices and also would store user data in Turkey. The government said this law will combat cyber-crime and protect users and Authorities can remove cyber bullying posts.

Notes:
The Directorate of Cashew Research (DCR) located in the state of Karnataka has developed the ‘Cashew India’ application for farmers of cashew in India.
The app gives information on cashew grafts, cultivation, post-harvest processing, and market information to stakeholders such as farmers, researchers and processors. The app is available in 11 languages and funded by the Mission for Integrated Development of Horticulture.

Notes:
The Asian Development Bank (ADB) has signed a USD 200 million deal with the Reliance Bangladesh LNG and Power Limited (RBLPL).
Under the deal, Reliance power would build and operate a 718-megawatt combined-cycle power plant in Bangladesh. USD 100 million would be provided by the ADB while the other 100 million would be sourced from the Leading Asia’s Private Infrastructure Fund (LEAP) of Japan International Cooperation Agency.

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:
The United Arab Emirates has successfully commenced operation of the Arab world’s first commercial nuclear power plant.
The Barakah reactor is located in the oil-rich city of the UAE, Abu Dhabi. With the commission, the UAE joins the group of 30 countries that can generate nuclear energy. It is built and run by a joint venture with Korea Electric Power Corporation.

Notes:
State-owned oil and gas company and the largest commercial oil company in the country, Indian Oil has partnered with France’s Total.
The Joint Venture has been formed to make Superior Quality Bitumen derivatives and specialty products for India’s road construction industry. The JB would initially take over the existing plant of Total at Jodhpur, Rajasthan and then invest Rs 226 crore to set up six new plants across India.

Notes:
British racing driver Lewis Hamilton has recently won the British Grand Prix tournament, to clinch his 87th career victory.
Red Bull’s Max Verstappen came second and is followed by Charles Leclerc who finished third for Ferrari. Due to a technical glitch, Valtteri Bottas had to come back for a tire change and he could get only 11th spot. Four-time F1 champion Sebastian Vettel was placed 10th.

Notes:
Veteran politician and Nobel Peace Prize laureate, John Hume passed away recently at the age of 83 due to age related illness.
He was a Catholic leader of the moderate Social Democratic and Labour Party. John Hume was known for initiating the agreement that ended violence in his native Northern Ireland. He was also called as the ‘Champion of Peace’.