Current Affairs Quiz - August, 2020

Notes:
The Union Ministry of Home Affairs presents the ‘Subhash Chandra Bose Aapda Prabandhan Puraskar’ award.
The award recognises individuals as well as institutions for their contributions in the field of disaster management. The Government of India has recently invited the nominations for the award, which is presented on the birth anniversary of freedom fighter Netaji Subhash Chandra Bose, on January 23.

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 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 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:
India’s solar-powered ferry Aditya has won the prestigious Gustave Trouve Award for Excellence in Electric Boats and Boating.
It has been named the best electric boat in the category of ferries designed for paid passenger service. Aditya was the first solar-powered ferry of the country when it began its operations in 2017 in Kerala. The ferry built by NavAlt Boats belongs to the Kerala State Water Transport Department.

Notes:
The Asian Development Bank (ADB) has signed a USD 200 million deal with the Reliance Bangladesh LNG and Power Limited (RBLPL).
Under the deal, Reliance power would build and operate a 718-megawatt combined-cycle power plant in Bangladesh. USD 100 million would be provided by the ADB while the other 100 million would be sourced from the Leading Asia’s Private Infrastructure Fund (LEAP) of Japan International Cooperation Agency.

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:
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:
The Atal Innovation Mission (AIM) is a flagship initiative of the NITI Aayog to promote innovation and entrepreneurship across the country.
AIM conducts the ATL Tinkering Marathon, a national annual innovation challenge in partnership with MyGOV. AIM has released the results of the 2019 edition of the challenge. As many as 150 winners of the Marathon was announced by the AIM.

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.