Current Affairs Quiz - August, 2020

Notes:
China has recently claimed that the Diaoyu islands are Chinese territory and it has the right to conduct law enforcement activities in the area.
The Chinese foreign ministry spokesperson Wang Wenbin denied the criticism of the U.S. of incursions of China. The islands located in the East China sea has also been claimed by Japan for several year. Japan calls the territory as Senkaku and China calls as Diaoyu.

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 Indian Space Research Organisation recently announced that IN-SPACe (Indian National Space Promotion and Authorisation Centre) will be the single nodal agency to regulate space activities and the use of ISRO facilities by private sector.
The Union Cabinet cleared the setting up of IN-SPACe as a separate body. Announcing the detailed structure of IN-SPACe, ISRO said that the body will have its own Chairman, technical experts from academia and industries and members of Prime Minister’s Office and Ministry of External Affairs.

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:
Muslim Women’s Rights Day is being observed on July 31, to commemorate the first anniversary of the passage of law against instant Triple Talaq.
On the same day in 2019, the Union Government passed the Muslim Women (Protection of Rights on Marriage) Act that prohibits the practice of instant divorce. As per the law, any violation of the law is punishable by jail term of up to three years. The Supreme Court of India declared this practice as unconstitutional.

Notes:
For the first time in the world, US Technology Giants Facebook and Google will pay the media outlets of Australia for news content.
Australia is set to pass a dedicated law which mandates a royalty-style system. This is a historic move by the country to protest independent journalism. Last year, the Australian government asked the tech firms to negotiate with media companies to use their content.

Notes:
The 15th Finance Commission had set up an eight-member High-Level Group on Agricultural Exports headed by the Chairman of ITC, Sanjiv Puri.
It was set up to recommend performance incentives for States to encourage agricultural exports. The group has recently submitted the report that recommended a State-led Export Plan for a crop Value chain cluster (VCC). It also suggested to focus on 22 crop value chains.

Notes:
Apple surpassed multinational petroleum company Saudi Aramco to become the world’s most valuable publicly listed company.
The market capitalisation of the technology company surged to USD 1.82 trillion, as per the regulatory filing of the company. Whereas, the market capitalisation of Aramco stood at USD 1.760 trillion.

Notes:
The United States astronauts Bob Behnken and Doug Hurley, who flew to the International Space Station in SpaceX’s new Crew Dragon, landed back on the Earth.
The astronauts splashed down aboard Crew Dragon ‘Endeavor’ in the Gulf of Mexico after a 64-day voyage in space. This is NASA’s first crewed mission from American soil in nine years. This splash down is the first of its kind by NASA in 45 years.

Notes:
Union Minister of Information and Broadcasting Prakash Javadekar has virtually launched ‘DD Assam’ channel, jointly with the Chief Minister of Assam.
The 24×7 channel will showcase the rich history of the state with programs like music programmes, travelogues, reality shows and feature films focussing on folk culture and tribal life. Door Darshan has already been running channels in several north eastern states.