Current Affairs Quiz - August, 2020

Notes:
With an aim to improve the efficiency and transparency in asset classification process, the Reserve Bank of India issued a direction to implement “system-based asset classification” in Urban Co-operative Banks (UCBs).
Those UCBs having total assets of Rs.2000 crore or above as on 31st March 2020, should implement system-based asset classification from 30th June 2021. Those UCBs having total assets equal to or more than Rs.1000 crore but less than Rs.2000 crore shall implement it from 30th September 2021.

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 National Digital Health Mission (NDHM) has been launched by the Prime Minster of India on the 74th Independence Day.
The NDHM aims to digitalise the health systems with health IDs for every Indian. The mission seeks to create Digital health records, Digital registry of Doctors and health facilities across the nation. It also proposes to include e-Pharmacy and Tele- Medicine at a later stage.

Notes:
The Union Cabinet has recently approved to set up a new entity named ‘National Recruitment Agency (NRA)’ to carry out a national Common Entrance Test (CET).
This exam would be a common screening test for non-gazetted vacancies in both departments of Central government and public sector organisations. It is to conduct first level tests currently conducted by agencies like SSC, RRB and IBPS among others.

Notes:
USD 1 billion (equivalent to Rs 7,485 crore) financial support by way of loan has been approved by the Manila based-Asian Development Bank (ADB) for Delhi-Meerut regional rapid transit system.
The project is first of the three priority rail corridors in country. The financial assistance from ADB will be used for construction of railway tracks, station buildings, maintenance facilities and power supply.

Notes:
The Union Government has announced the results of annual survey of cleanliness, the ‘Swachh Survekshan 2020’.
Indore of Madhya Pradesh bagged the top spot in the list, for four years consecutively. Gujarat’s Surat was ranked at the second place while Maharashtra’s Navi Mumbai on third place. This is the fifth edition of the survey, that ranks states based on their performance in Swachh Bharat Mission.

Notes:
Veteran Indian author Sudha Murty’s latest collection of short stories, ‘Grandparents’ Bag of Stories’ is to be released in the month of November.
The Penguin Random House India announced the collection which is a sequel of her recent release ‘Grandma’s Bag of Stories’ and will have 20 stories. Sudha Murty has authored several books in English and Kannada especially for children.

Notes:
India is set to launch a new direct cargo ferry service to the Maldives, in the third week of September, as per the Indian high commission in the Maldives.
The service will link Kochi and Tuticorin with Male and will boost bilateral trade relations. A vessel operated by the Shipping Corporation of India, will be used for the ferry service. The vessel is to carry electrical machinery, medicines, construction material as well as perishable goods.

Notes:
Joe Biden has accepted the nomination of the Democratic Party for Presidential Candidature. Joe Biden is the former Vice President of USA and is 77 years old.
Joe Biden served as the 47th Vice president of the United States from 2009 to 2017 and as the United States Senator from Delaware from 1973 to 2009. The Presidential elections in the USA are scheduled to be held on November 3, 2020.

Notes:
Under the Atal Bimit Vyakti Kalyan Yojana, Employees and State Insurance Corporation (ESIC) has relaxed its norms, wherein it would pay 50% (up from earlier 25%) of average wages of three months as unemployment benefit.
The scheme would be available to people who have lost their jobs due to the pandemic between March 24 and December 31 this year. This is expected to benefit nearly 40 lakh industrial workers.