Current Affairs Quiz - August, 2020

Notes:
Major technology company Microsoft has unveiled the latest edition of its Security Endpoint Threat Report 2019.
As per the report, India has been placed among the countries with the highest cryptocurrency mining encounters in the last year. India registered the seventh highest malware encounter rate in the past year and the third highest ransomware encounter rate across the Asia-Pacific region.

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 European Union has imposed its first-ever sanctions over cyber attacks, on alleged agents, spies and firms of Russia, China and North Korea.
Six people and three groups which have been hit with sanctions also include the GRU military intelligence agency of Russia. The agency was earlier blamed by the European Union for the 2017 WannaCry ransomware and NotPetya malware attacks and a cyber espionage campaign.

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 Government of India has announced a Logo design contest for the flagship initiative ‘AatmaNirbhar Bharat Abhiyan’.
The ‘AatmaNirbhar Bharat Logo Design Contest’ is to be conducted through MyGov platform. As per the notification, the last date of submission of entries is 5th August 2020. The winning logo with the most distinct and creative design will win a cash award of Rs 25000.

Notes:
The Unified Payments Interface (UPI) has touched a record high transaction of 1.49 billion in the month of July.
This is its highest count of transactions since its inception and a 11% growth over that of the previous month. The monthly transactions were worth Rs 2.9 trillion. IMPS recorded 222.1 million transactions in July while Bharat Bill Payment Services hit 20.16 million transactions.

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:
Indian President Ram Nath Kovind has appointed former Union minister Manoj Sinha as the next Lieutenant Governor of Jammu and Kashmir.
He will replace the previous LG Girish Chandra Murmu who has resigned and his resignation has been accepted by the President. Manoj Sinha has served as Junior Railways Minister. He represented Ghazipur constituency in Uttar Pradesh in Lok Sabha.

Notes:
National Handloom Day is being celebrated on August 7 across India, to commemorate the Swadeshi Movement.
The Movement was launched on the same day in the year 1905. National Handloom Day also aims to create awareness about the Indian Handloom Industry among the general public. A virtual event was organised by the Ministry of Textiles to mark the occasion.

Notes:
The National Highways Authority of India (NHAI), an organisation under the Ministry of Road Transport and Highways signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Delhi.
The MoU seeks to set up a Centre of Excellence (CoE) for using Artificial Intelligence in Decision making and Advance Data Management System for Highways. IIT Delhi will develop simulation models in this regard and provide space and infrastructural facility for the CoE.