Current Affairs Quiz - August, 2020

Notes:
The Naval Innovation and Indigenisation Organisation (NIIO) was launched by the Union Defence Minister Rajnath Singh, through an online webinar.
The NIIO has a 3-tier structure and it enables the users to interact with academia and industry, to achieve innovation and indigenisation in Defence. As per the Draft Defence Acquisition Policy 2020, Defence Service headquarters should establish an Innovation & Indigenisation Organisation within existing resources.

Notes:
An application called the ‘Interactive Neural Machine Translation (INMT) tool’, has been developed by the Microsoft Research Lab.
Microsoft Lab has collaborated with CGNet Swara, an Indian voice-based online portal and IIIT Naya Raipur for developing this tool. It translates sentences from Hindi to South-Central Dravidian language Gondi and vice-versa. The application aims to motivate youth from the Gond tribal community to learn the language.

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:
Google has collaborated with the Central Water Commission (CWC) for providing flood forecasting and public alerts.
Users in the affected region will receive alerts through their Android smartphones if they have enabled the location services. The timely and critical information is being used by several users amidst the heavy rains and floods across the country.

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.

Notes:
Union Minister of Environment, Forests and Climate Change, Prakash Javadekar has directed that 80 per cent of the CAMPA (Compensatory Afforestation Fund Management and Planning Authority) funds have to mandatorily be used for plantation drives and afforestation.
The rest of the funds are to be used capacity building, as per the separate budget of the state. The recent Finance Commission has increased the devolution to 10% for the forest cover.

Notes:
The Governor of Goa, Satya Pal Malik has been transferred as the Governor of Meghalaya, as per a recent communication from the Rashtrapathi Bhavan.
He is to replace the incumbent Governor of the North Est state, Tathagata Roy who completed his five-year tenure. The Governor of Maharashtra, Bhagat Singh Koshyari, will discharge the additional functions of the Goa Governor.

Notes:
The Deputy Chief Minister of Karnataka has stated that an industrial corridor between Mysuru and Bidar would be built by the state to promote the development of industry and commerce.
The proposed industrial corridor would be in line with Bengaluru-Chennai and Bengaluru- Mumbai corridors. This project forms a significant part of the state’s target to make it a USD 500 billion market in next 5 years.

Notes:
The state Government of Uttar Pradesh has launched a new Electronics Manufacturing policy to make the state the new global electronics hub.
The policy aims to invite investment up to Rs.40,000 crore in five years and generate nearly 4 lakh direct employment. The new policy has a special focus on Purvanchal and Bundelkhand regions.

Notes:
“Swadeshi Microprocessor Challenge” has been launched by the Government of India to promote indigenous microprocessor manufacturing and designing.
100 shortlisted companies will be given grant to build their prototype. 25 finalists will win Rs.1 crore each. The top ten teams will get a fund of total Rs.2.30 crore with 12-month incubation support, from the Ministry of Information Technology.