Current Affairs Quiz - August, 2020

Notes:
A webinar titled “Weaves of Maharashtra and Textiles of Odisha” was organized by Press Information Bureau (PIB) – Mumbai and India Tourism – Mumbai. The key focus of the webinar was on the handlooms & fabrics of Maharashtra and Odisha.
August 7 is celebrated as National Handloom Day in India, to honour the handloom weavers of the nation. August 7 was chosen to mark the Swadeshi Movement which was launched on this day in 1905 to protest against partition of Bengal by the British Government.

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:
E-commerce major Amazon announced that it will launch its online pharmacy in India. The first online platform will be set up in Bengaluru.
The new service named ‘Amazon Pharmacy’ will offer both prescription-based drugs and over-the-counter medicines. It will also sell health devices and traditional Indian medicines. Amazon is witnessing severe competition with Flipkart and JioMart.

Notes:
An Ayurveda Based Biodegradable Face Mask named “Pavitrapati” has been developed by Defence Institute of Advanced Technology, (DIAT) Pune.
In this regard, an agreement was signed between DIAT Pune and a private company for mass development of the product. The company has now offered the face mask for sale. Similarly, the technology of developing anti-microbial body suit named “Aushada tara” is also transferred to the company.

Notes:
The Union Steel Ministry, in association with Confederation of Indian Industry (CII), has proposed to organise a webinar titled ‘Atmanirbhar Bharat: Fostering Steel Usage in Housing & Building Construction and Aviation Sectors’.
The webinar would be conducted with the Union Ministry of Housing and Urban Affairs, and Ministry of Civil Aviation. It would focus on promoting designs and construction in Building, Housing, and Airport Projects.

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:
Indian cricket icon and former captain Mahendra Singh Dhoni has announced retirement from international cricket.
The 39-year-old star is the only captain in the world who led his team to win all three ICC trophies so far. Under his captaincy, India won the ICC World Twenty20 in 2007, Asia Cups in 2010 and 2016, the ICC Cricket World Cup in 2011 and the ICC Champions Trophy in 2013. Another Cricketer Suresh Raina also announced his retirement.

Notes:
The Indian Space Research Organisation (ISRO) has stated that the Terrain Mapping Camera-2 (TMC-2) on board the Chandrayaan-2 orbiter has recently captured the images of the “Sarabhai Crater” on the lunar surface.
The crater is located at north eastern quadrant of Moon on the “Mare Serenitatis”, which is a vast flat region due to larva deposition. The crater has an average depth of 1.7 km and its walls seem to have an average slope between 25 to 30 degrees.

Notes:
The 4th Session of the BRICS Anti-Drug Working Group was conducted recently through video conferencing.
Representatives from all 5 member countries: Brazil, Russia, China, South Africa and India participated in the session, which was chaired by Russia. Indian delegation was led by Shri Rakesh Asthana, DG of Narcotics Control Bureau. Misuse of Darknet and advanced technologies for drug trafficking was the theme of the session.