Current Affairs Quiz - August, 2020

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:
The Anti Drone System, developed by Defence Research Development Organisation (DRDO) has been deployed at Delhi in the Independence Day celebrations.
The system can capture drone movements and jam them up to a distance of 3 km. The system can also bring down a target up to 2.5 km using laser. It is seen as an efficient mechanism to counter drone based anti-national activities.

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:
Soumya Swaminathan, the Chief Scientist of World Health Organisation, was conferred with the Tamil Nadu Chief Minister’s special award, for her advisory role in fighting the COVID-19 in the state.
The Chief Minister’s Best Practices award was given to the Department of treasuries. Greater Chennai Corporation and Tamil Nadu Medical Services Corporation were also awarded for their significant roles in the fight against the pandemic.

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 United Nations Security Council has rejected a resolution made by the United States to extend a ban of Arms on Iran.
Only the Dominican Republic supported the proposal of the United States in the 15-member UN Security Council. Russia and China opposed the proposal while Germany, France, the UK and eight other member countries abstained from voting.

Notes:
Considered as extinct over seventy years back, the Woolly flying squirrel was spotted at Gangotri National Park in Uttarakhand.
As per the Forest Research Institute, the flying squirrel was added in the IUCN Red List. It was spotted during the survey conducted in the national park. The animal uses its wool-like furry claws like a parachute and fly.

Notes:
The International Solar Alliance, ISA is set to organise its first World Solar Technology Summit virtually on September 8, 2020. ISA is an alliance of 121 countries, initiated by India headquartered at Gurugram.
The inaugural address of the summit will be delivered by the Indian Prime Minister Narendra Modi and the ISA President and Minister of New and Renewable Energy R. K. Singh. The event will focus on using technology to effectively utilise the solar energy.

Notes:
A new strain of coronavirus has been detected in Malaysia which is found to be 10 times more infectious than the existing Corona virus.
The mutated form of the virus called D614G was found in 3 of the 45 cases in a test cluster. The detection of new strain has implied that studies on COVID 19 vaccines may be incomplete or ineffective against the mutation. WHO has explained that the new strain will not cause a more severe disease.

Notes:
The Reserve Bank of India (RBI) has recently released a National strategy for Financial Education’, which is to be implemented in the next five years.
The strategy aims to inculcate financial literacy among all the people of our country. It will also encourage the common people to participate in the financial markets for achieving their financial goals. It will encourage people to use formal banking and safe digital financial services.