Current Affairs Quiz - August, 2020

Notes:
The first batch of five Rafale fighter jets have landed at the Ambala Air Force Base, located in the state of Haryana.
The Air Chief Marshal RKS Bhadauria received the fighter jets, which will be inducted in the No. 17 Squadron, ‘Golden Arrows’. The jets were flown by Indian Air Force pilots for seven hours with the help of the mid-air refuellers.

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 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:
United Nations Children’s Fund (UNICEF) and non-profit Pure Earth jointly released a report titled “The Toxic Truth: Children’s exposure to lead pollution undermines a generation of potential”.
As per the report, one third of the world’s children (800 million) are affected by lead poisoning and 275 million of them are in India. The report also highlights that around half of the affected children were from South Asia. Informal recycling of lead-acid batteries is a major contributor to lead poisoning.

Notes:
Ministry of Micro Small and Medium Enterprises (MSME) has recently approved a programme for artisans who make Agarbatti.
The programme aims to develop village industry under ‘Gramodyog Vikas Yojana’. Under the programme, four pilot projects will be started that includes one in the North Eastern part of the country. Each cluster of artisans will be provided with automatic Agarbatti making machines.

Notes:
The Rajasthan state government is set to launch the ‘Indira Rasoi Yojana’ in urban areas of the state from August 20.
Under the scheme, the poor and needy people will get nutritious food for Rs 8. As many as 358 kitchens in 213 urban bodies will be made functional. The state government is to spend Rs 100 crore per year on this scheme.

Notes:
Former Maharashtra Chief minister Shivajirao Patil Nilangekar passed away at the age of 89, due to prolonged illness.
He had earlier been tested positive for coronavirus disease. Nilangekar was a Congress leader, who was the Chief Minister of Maharashtra from June 1985 and March 1986. However, he resigned from the post after an allegation and order of the Bombay High Court.

Notes:
The Reserve Bank of India (RBI) has enhanced the amount of loan that banks can provide against the pledge of gold ornaments and jewellery.
As per the guidelines, banks can give 90 per cent of the pledged gold as loan for non-agricultural purposes. Earlier, the loan to value (LTV) limit was 75 per cent. This will only be applicable to banks and not to gold loan companies and will be valid till March 2021.

Notes:
The Insolvency and Bankruptcy Board of India (IBBI) is the apex institution to implement the Insolvency and Bankruptcy Code (IBC), which provides a time-bound realisation of stressed assets. It is headquartered at New Delhi.
IBBI has recently amended regulations related to liquidation process and provided clarifications on fee payable to liquidators. At present, the Committee of Creditors (CoC) fixes the fee payable to the liquidator. The liquidator is entitled to the fee corresponding to the amount realised or distributed by him.

Notes:
The Union Education Ministry formerly the HRD Ministry organised ‘Conclave on Transformational Reforms in Higher Education under National Education Policy’ along with the University Grants Commission (UGC).
The Prime Minister Narendra Modi delivered the inaugural address at the Conclave through video conferencing. He also highlighted various aspects of the National Education Policy. Union Education Minister Ramesh Pokhriyal also participated in the event.