Current Affairs Quiz - August, 2020

Notes:
A book titled ‘Connecting, Communicating, Changing’ will be released by the Defence Minister at Delhi. It narrates the third year in Office of Vice President M. Venkaiah Naidu. The e-version of the book would be released by Union Minister for Information and Broadcasting Prakash Javadekar.
The book highlights the Vice President’s travel in India & abroad, his interaction with foreign nationals, world leaders and various sections of the Indian society including farmers, scientists, administrators, industry leaders and artists, among others.

Notes:
The Indian Prime Minister Narendra Modi has launched a new platform ‘Transparent Taxation – Honoring the Honest’.
The platform aims to ease the compliance and fast- track the refunds so that all honest taxpayers are benefitted. Three main features of the platform include faceless assessment, faceless appeal and tax payers’ charter.

Notes:
According to a new report by Purely Diamonds, Ho Chi Minh City, the largest city of Vietnam is the cheapest city to rent in the world.
The report also revealed that New York is the most expensive city to rent, in the world. The Indian Capital, Delhi is the second cheapest city in the world. Delhi is followed by the capital of Tamil Nadu, Chennai. New York is followed by Los Angeles as the second most expensive city.

Notes:
The Reserve Bank of India (RBI) has approved an annual dividend pay-out of more than Rs 57,000 crore to the Indian Government.
In this year’s budget, the Government had estimated a dividend of Rs 60,000 crore from the central bank and other government owned financial institutions. The Government’s fiscal deficit stood at a record high Rs 6.62 lakh crore in the April-June period.

Notes:
National Geographic has announced to premiere a Documentary Film named “The Next Frontier: India’s Smart Cities”. It is a 44-minute documentary on four cities of India namely Surat, Visakhapatnam, Pune and Varanasi.
The film reveals how the smart cities Mission is forming a strong ground for next cities of tomorrow. It would showcase the journey of 4 lighthouse smart cities along with the national initiatives that has transformed the lives of people residing in these cities.

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.

Notes:
Technology Major Google has introduced a new educational product named ‘Assignments’. It is an application designed for educators to distribute and award grades to student’s work.
Google has recently announced that several education tools for teachers and students will be released this year, through Google apps including Meet, G Suite, and Classroom. Tools required for virtual education field including blurred backgrounds, larger tiled view, hand-raising feature will be launched.

Notes:
Indian President Ram Nath Kovind has approved 84 gallantry awards for Defence personnel. Abdul Rashid Kalas, Head Constable of Jammu and Kashmir Police has been posthumously awarded the Kirti Chakra.
The third highest gallantry award in peacetime, Shaurya Chakra has been awarded to nine Army personnel including Lt.Col. Krishan Singh Rawat, Major Anil Urs and Havildar Alok Kumar Dubey and IAF Wing Commander Vishak Nair. The President approved Sena Medal to 60 Army personnel, four Nao Sena Medal and five Vayu Sena Medal.

Notes:
The Government of Jharkhand has unveiled a new logo for the state. It was unveiled at Ranchi by the Chief Minister Hemant Soren.
It is a circular logo with the National Emblem of India placed at its center, between concentric circles. These concentric circles depict the state’s abundant natural resources and its rich culture. The logo contains “Palash flower” which is the state’s flower and “Elephant” which is the state animal.

Notes:
The Platform for Investor Education (PIE) has been launched by the IIM Bangalore and National Stock Exchange (NSE) – Investor Protection Fund Trust.
The platform would help in investor education through simple and easy-to-understand audio-visual format. It will reflect the current developments in financial markets through the research initiative by the faculty of IIM Bangalore.