Current Affairs Quiz - August, 2020

Notes:
As per the recent announcement of the Indian Olympic Association (IOA), the INOX Group will be the official sponsor of the Indian team for the rescheduled Tokyo Olympics.
Due to the prevalent COVID-19 pandemic, the Tokyo Olympics was rescheduled to next year, from July 23 to August 8 in 2021. The Group will also support the team’s promotions through its entertainment company – INOX Leisure Limited that owns a multiplex chain across the country.

Notes:
India’s leading private sector bank, HDFC Bank has recently announced the launch of “Shaurya KGC Card” for the armed forces.
This card has been designed based on the Kisan Credit Card guidelines by the Government. More than 45 lakh Indian armed force personnel would get a life cover ranging from Rs 2 lakh to Rs 10 lakh. It also requires simple documentation suited to the job nature of the armed force personnel.

Notes:
Russia and Brazil have decided to cooperate in the production and marketing of Sputnik V, the world’s first registered coronavirus vaccine.
The Russian Direct Investment Fund (RIDF) announced that it has entered into the agreement with Brazilian State of Parana. RIDF is organising the production of the vaccine and its distribution in Brazil and other American countries.

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:
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 famous computer scientist Russel Kirsch who is celebrated for invention of Pixel died at the age of 91.
Russel Kirsch created a small 2 by 2 inch black and white image of his son in digital form in 1957. This was also the world’s first photograph that was scanned into a computer using a device created by his research team. That was the basis for satellite imaging, medical scans, virtual reality and other imaging technology being used recently.

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:
The World’s tallest Pier bridge is being constructed by Indian Railways in Manipur across the river “Ijai”. The height of its tallest pier is 141m. The bridge is a part of Jiribam-Tupul-Imphal railway line project. The existing record for the tallest pier bridge is 139m at Montenegro in Europe.
The bridge is being constructed at an estimated cost of Rs.280 crore and the construction work is expected to be completed by March 2020. The total length of the bridge is estimated to be 703 meters.

Notes:
The President of Mali, Ibrahim Boubacar Keita has recently stepped down from his role, after the prevalent military rebellion in the country.
The soldiers had detained the President and the country’s Prime Minister Boubou Cisse. The country was seeing a large number of protests against alleged corruption and worsening security. People were demanding the resignation of the President for some time.

Notes:
The title sponsorship of the Indian Premier League (IPL) 2020 is awarded to Dream11, an Indian fantasy sports platform. The sponsorship rights have been awarded for Rs.222 crore.
Byju’s came second in the bid at Rs 201 crore and Unacademy stood third in the bid at Rs 171 crore. The 2020 IPL is the 13th edition of the cricket event and is scheduled to be held at the United Arab Emirates.