Current Affairs Quiz - August, 2020

Notes:
The Public Enterprises Selection Board has selected Soma Mondal as the next Chairperson of the Steel Authority of India Limited (SAIL).
She will become the first woman chairperson of the public sector steel giant, if the Appointments Committee of the Cabinet (ACC) approves her appointment. She will also become the first woman to lead a steel company, in the world. The present Chairman Anil Chaudhary is to superannuate this year.

Notes:
The President of India honoured 202 freedom fighters across the country. This was done on the occasion of the 78th anniversary of Quit India Day.
Every year, on this occasion, the President of India hosts an “At Home” reception at the Rashtrapati Bhavan to honour the freedom fighters. But this year, State/UT governments are requested to honour the freedom fighters at their homes, on behalf of the President.

Notes:
The Supreme Court of India ruled that the daughters cannot be deprived of their right of equality and they will have equal coparcenary rights in joint Hindu family property even if the father died before the Hindu Succession (Amendment) Act, 2005.
The daughters will have the right to inherit their ancestral property with retrospective effect with similar rights and liabilities as sons hold. Coparcener refers to a person who assumes a legal right in parental property by birth.

Notes:
Leading E-commerce platform Amazon India has recently launched its new seller driven campaign ‘Itna Aasan Hai’.
The campaign seeks to communicate to sellers who are not on the platform about the simple procedure to enrolling in Amazon digital platform as a seller. It aims to reach millions of MSME about joining the digital commerce ecosystem.

Notes:
Israel has recently provided its artificial intelligence (AI) based technologies and equipment to the All India Institute of Medical Sciences (AIIMS), New Delhi.
The technologies include contact-less monitoring applications, advanced medical management systems and AI-based solutions comprising AI assistant robots. The Prime Ministers of both the countries were affiliating with each other for identifying the areas of mutual cooperation.

Notes:
International Youth Day is celebrated every year on 12th August. The theme of this year’s International Youth Day is, “Youth Engagement for Global Action”.
In 1998, a resolution to observe August 12 every year as International Youth Day was passed in the World Conference of Ministers Responsible for Youth, which was hosted by the Government of Portugal in cooperation with the United Nations.

Notes:
Under the Pradhan Mantri Street Vendors Atma Nirbhar Nidhi (SVANidhi) Scheme which was launched by Ministry of Housing & Urban Affairs, the number of loans sanctioned by Financial Institutions has crossed 1 lakh mark.
The scheme facilitates sanction of collateral free working capital loans up to Rs.10,000 of 1-year term to street vendors. The scheme has been launched as a part of the Atma Nirbhar Bharat Financial Assistance Package for COVID 19.

Notes:
The Union Ministry of Corporate Affairs has released the ‘Report of the Committee on Business Responsibility Reporting (BRR)’.
The report has proposed a new Reporting Framework for companies to reporting of Non-Financial Parameters. The framework is called ‘Business Responsibility and Sustainability Report (BRSR)’. The BRSR is to be integrated with the MCA 21 portal. Also, the information captured through the framework would be used to develop “Business Responsibility-Sustainability Index”.

Notes:
Chinese smartphone giant Xiaomi announced that its arm MI India will distribute over 2,500 smartphones worth Rs 2 crore to Indian children, to support online education.
MI India will partner with Indian non-profit organisation ‘Teach for India’, to carry out the distribution process. The hand sets would be used in shifts to utilise the service effectively, to enable children access quality education.

Notes:
Maldives is the first neighbouring country with which India is operating transport services under the air bubble agreement.
Recently, the Director-General of Directorate General of Civil Aviation (DGCA) announced that Indians holding any kind of valid visa can travel through air to US, UK, Canada under air bubble agreement.