Current Affairs Quiz - August, 2020

Notes:
Frozen shrimp was the major export product among the sea food followed by frozen fish in FY 2010-20. India has shipped 12.89 lakh tones of seafood during the last financial year amounting USD 6.68 billion.
The USA and China were the largest importers of Indian seafood. The Marine Products Export Development Authority (MPEDA) is aiming to increase the country’s sea food exports to Rs 1 trillion by 2030.

Notes:
The High Court of Madras has rejected reopening of “Sterlite Copper” smelting plant in Tuticorin, Tamil Nadu. Sterlite Copper, a unit of Vedanta Ltd had been catering to nearly 40 % of India’s copper demand from its smelting plant at Tuticorin.
The High Court’s order dismissed all 10 petitions filed by Vedanta to reopen the plant. The Court upheld the orders issued to close the plant by the Tamil Nadu Government and Tamil Nadu Pollution Control Board.

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.

Notes:
The National Commission on Population under Ministry of Health and Family Welfare has recently released a report titled ‘Population projections for India and States 2011 – 2036’.
As per the report, the sex ratio of the country is estimated to increase from 943 in 2011 to 957 during 2036. The Infant Mortality rate (IMR) is to go down to 30 by the end of 2031-35. The total population of India is estimated to increase from 121.1 crores to 151.8 crores.

Notes:
As per a recent release by the Government, India ranks first in terms of number of organic farmers and 9th in terms of area under organic farming.
In order to boost organic farming, the Union Government had launched “Mission Organic Value Chain Development for North East Region” (MOVCD) and “Paramparagat Krishi Vikas Yojana” (PKVY) in 2015. Sikkim became the first state in the world to become fully organic in farming.

Notes:
Government owned power major NTPC Limited has recently announced that it is to establish a wholly-owned subsidiary for its renewable energy business.
The company has recently obtained the approval from the Niti Aayog and Department of Investment and Public Asset Management (DIPAM), Ministry of Finance for formation of a wholly-owned subsidiary.

Notes:
HSBC India launched its ‘Green Deposit Programme’, to finance green initiatives including renewable energy.
Under this new initiative, the bank will ask their corporate clients to deposit money, which will in turn be used for financing green projects by letting the clients indirectly participate in the sustainability projects. The product offers stable principal, pre-agreed return and protection.

Notes:
German golf player ‘Sophia Popov’ became the first German women to win a major tournament victory by clinching AIG British Women’s Open at Royal Troon.
The 27-year-old player holds a world ranking of 304. She finished two strokes clear of her opponent Jasmine Suwannapura of Thailand. Popov had won the International European Ladies Amateur Championship in 2010.

Notes:
Renowned scientist and the present head of Defence Research and Development Organisation (DRDO) Dr.G.Satheesh Reddy has been given a 2 year extension as the Secretary, Department of Defence Research and Development and Chairman DRDO.
This extension in his service was approved by the Appointments committee of the Union Cabinet. Earlier, he was appointed for the post in August 2018.

Notes:
Rare fish called Mahseer, whose scientific name is Tor, has been spotted in the upper part of river Sileru in Andhra Pradesh.
It has been spotted by a team of researchers of the Department of Zoology, Andhra University. This fish is listed under the endangered category by IUCN (International Union for Conservation of Nature). It is usually found in the Himalayan region in the rivers running through Himachal Pradesh, Uttarakhand, Nepal and Bhutan.