Current Affairs Quiz - August, 2020

Notes:
Indian journalist and Special Correspondent of the Indian Express Dipankar Ghose has won the Prem Bhatia Award for political reporting.
He covered various issues related to the Covid-19 pandemic including the migrant labour crisis. People’s Archive of Rural India (PARI), a journalism website has been selected for the award for the reporting on environmental and development issues.

Notes:
Northern Railway operated the first-ever Vyapar Mala Express train from Delhi to Jirania in Tripura. It has 46 wagons and 34 of them were loaded with wheat and the remaining with rice and pulses.
Railways is said to have earned more than 94 lakh rupees from this Vyapar Mala Express train. This is an express service which aims to reach its destination in a shorter time, as the train will be monitored on a real-time basis.

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:
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:
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:
The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has estimated that around 24 million children may drop out of their schools next year.
UNESCO released a policy brief on the Covid-19 pandemic’s impact on education. It also estimated that the educational financing gap is also likely to increase by one third. Girls and young women are likely more vulnerable to child marriage, early pregnancy and gender-based violence.

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 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.

Notes:
Export-Import Bank of India (Exim Bank) has extended a USD 250-million worth Line of credit (LOC) to Mozambique to improve power supply quality in the country.
With the signing of this LoC Agreement, India has so far extended 14 LoCs to Mozambique worth USD 772.44 million. A total of 264 LoCs have been extended to as many as 62 countries across the world around USD 25.98 billion.

Notes:
In the recently held Parliamentary Elections of Sri Lanka, the Sri Lanka People’s Freedom Alliance led by the ruling party has secured a landslide victory.
The Sri Lanka Podujana Peramuna (SLPP) has secured around 60% of the total votes polled and a two-thirds majority. Mahinda Rajapaksa is to be sworn in as the new Prime Minister of Sri Lank and he is the elder brother of the Sri Lankan President, Gotabaya Rajapaksa.