Current Affairs Quiz - August, 2020

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:
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 United Arab Emirates (UAE) and Israel have agreed to establish full diplomatic ties. With this, the UAE has become the first Gulf Arab country to establish diplomatic relations with Israel.
UAE also became the third Arab country to enter into diplomatic ties with Israel. This agreement is a part of the deal to stop the annexation of occupied land sought by the Palestinians for their future state. US President Donald Trump announced about the strategic ties.

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:
Indian Institute of Technology (IIT) Roorkee has partnered with leading online learning platform Coursera, to offer two new certificate programs in Artificial Intelligence (AI) & Machine Learning (ML) and in Data science. It is proposed to launch these programmes in 2021.
The certificate program in AI& ML would comprise of lectures, on hand learning, team projects and workshops. The certificate program in data science will impart skills in data management, data collection and critical thinking.

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:
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 Government of United Kingdom (UK) has launched a £3 million Innovation challenge fund in India. The fund is aimed at supporting scientists in industry and academia to cope with acute global challenges like COVID-19 and other environment threats.
The fund aims to bring together best minds under “UK India Tech Partnership”. The fund has specifically invited innovators associated with “AI-Data cluster” in Karnataka and “Future Mobility cluster” in Maharashtra to submit research proposals.

Notes:
People’s Bank of China (PBOC) has acquired a small equity stake in the leading Indian private sector bank, ICICI Bank.
It is one among the 357 institutional investors which had subscribed to the issue of the Qualified institutional investors (QIP) placement, of Rs 15,000 crore. PBOC has invested Rs 15 crore in the issue. It had earlier bought a stake in leading institution, HDFC.

Notes:
Union Labour and Employment Minister Santosh Kumar Gangwar has recently released the new logo of the Labour Bureau.
Labour Bureau is an apex national-level organization under the Labour Ministry, that is involved in labour statistics, research and training. The new logo represents the statistical nature and its three goals of accuracy, validity and reliability.