Current Affairs Quiz - August, 2020

Notes:
Technology giant Amazon recently announced that it will invest more than USD 10 billion to build a network of over 3000 satellites.
The network is expected to provide high-speed broadband internet services to people around the world. Named as ‘Project Kuiper’, the plan aims to build a network of low-Earth orbit (LEO) satellites. This will compete with the SpaceX’s Starlink network.

Notes:
The Sports Ministry has constituted a 12-member committee to select this year’s National Sports Awards winners.
The committee is to be headed by retired Supreme Court Justice, Mukundakam Sharma. It will select the award winners among both athletes and coaches. The members include Former India Cricketer Virender Sehwag, Hockey star Sardar Singh and Paralympic silver-medallist Deepa Malik.

Notes:
Ministry of Tribal Affairs (MoTA) has received SKOCH Gold Award for its “Empowerment of Tribals through IT enabled Scholarship Schemes”.
The 66th SKOCH award ceremony was organised on the title “India responds to Covid through Digital Governance”. The Tribal affairs won the award in ‘Digital India & E-Governance’ competition. The Ministry had integrated its 5 Scholarship Schemes with Direct Benefit Transfer (DBT) Portal.

Notes:
‘Samarth’ is an initiative of E-Commerce major Flipkart, to help artisans of India that was launched last year.
Under the programme, Walmart-owned Flipkart had partnered with five non-governmental organisations (NGOs) to help local artisans in using the online marketplace to sell their products. Flipkart recently announced that under ‘Samarth’, it has supported 6 lakh artisans to reach around 200 million customers.

Notes:
The Ministry of Consumer Affairs has integrated four additional states Jammu & Kashmir, Manipur, Nagaland and Uttarakhand to the One Nation One Ration Card scheme.
With this, the scheme has been enabled in a total of 24 States/UTs across the country. Around 80 percent of the beneficiaries of National Food Security Act (NFSA) have been covered. The Ministry aims to integrate all states/UTs to the scheme by March 2021.

Notes:
The Women Entrepreneurship and Empowerment (WEE) is a national level social initiative by the India Institute of Technology (IIT) Delhi, to strengthen women ecosystem.
The initiative helps women in taking up entrepreneurship as a feasible career option. It is India’s first of its kind initiative, supported and sponsored by the Department of Science and Technology. 11 Women entrepreneurs are given cash awards amounting to Rs 25 lakh.

Notes:
Union Minister of Jal Shakti, Gajendra Singh Shekhawat, and Union Minister of Textiles and Women & Child Development Smriti Irani officially launched the book with essays on the journey of Swachh Bharat Mission.
Named the ‘Swachh Bharat Kranti’ (Swachh Bharat Revolution), it has been edited by the Secretary of the Department of Water and Sanitation and has been translated to Hindi. The book has as many as 35 essays by several stake holders involved in the mission.

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:
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 Central Industrial Security Force (CISF) took over the security at the strategic Leh airport from local Police.
The Kushok Bakula Rimpochee Airport is one among the country’s highest-altitude commercial aerodromes. It is also the 64th civil airport to be brought under the security cover of the CISF. Around 185 CISF personnel will provide round-the-clock armed security in the airport.