Current Affairs Quiz - August, 2020

Notes:
The President of Belarus Alexander Lukashenko has recently won a landslide re-election victory, as per the country’s central Election Commission.
As per the figures of the votes counted, around 80 per cent of the votes were secured by the President. His main rival Svetlana Tikhanovskaya, won over 9 per cent of the votes. At least one person was killed and dozens were injured in the clashes held during the elections.

Notes:
The Government of the Union Territory of Delhi has entered into a Memorandum of Understanding MoU with Indian Institute of Technology – Bombay and Tata Projects Limited for construction of a smog tower at Connaught Place.
The proposed 20 meter-high smog tower would be fitted with several air purifiers to purify the air. As per the terms of the MoU, the construction of the smog tower would be completed in 10 months.

Notes:
Paytm Money, a leading Indian e-commerce payment system and financial technology company has launched Stock Trading services on its platform.
It has launched the service in its beta version of Paytm Money App initially. The cash delivery trades are free on the application with minimal charge for intraday charges. It also permits a fully digital KYC and paperless accounting process.

Notes:
The International Film Festival of India (IFFI) is an annual film festival held in Goa, every year in the month of November.
The Chief Minister of Goa Pramod Sawant has confirmed that the Film Festival will be held as per schedule in Goa between November 20 and 28, this year. This festival is organised by the Directorate of Film Festivals in association with the state government- owned Entertainment Society of Goa.

Notes:
Union Ministry of Housing and Urban Affairs implements the Atal Mission for Rejuvenation and Urban Transformation (AMRUT).
The scheme aims to provide basic infrastructure for water supply, sewage and seepage management in 500 Mission cities. Recently, the scheme was in news because the states across India have completed 2,854 projects worth ₹11,110 crore under the scheme. Tamil Nadu completed the highest number of works.

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:
Federal Bank, a Kerala-based private bank has partnered with Fiserv – a global payments and financial services technology solutions provider.
The partnership aims to digitise the card issuance and processing cycle completely. The bank will utilise the card management solution called “First Vision” of Fiserv. Fiserv would also support the Federal Bank for launch of its credit card.

Notes:
At the 74th Independence Day celebration on 15th August 2020, the Films Division would screen two documentary films – ‘India wins Freedom’ and ‘India Independent’.
Apart from the above 2 films, 14 selected films on Independence movement were showcased in the “Online Patriotic Film Festival” being organised by the Ministry of Information and Broadcasting from 7th Aug 2020 to 21st Aug 2020 in www.cinemasofindia.com.

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:
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.