Current Affairs Quiz - August, 2020

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.

Notes:
Social networking major Twitter released its latest transparency report, which has the data between July -December 2019 on its rule enforcement, legal demands on content removal among others.
As per the report, India stands at fifth position in requesting Twitter and Periscope to remove content, based on local laws. Japan, Russia and Turkey ranked in the top 3 positions in the list. Twitter recorded a 21% rise in global account information requests and 789 requests from India.

Notes:
A first-of-its-kind interactive game on COVID-19 named the “Corona Fighters” has been launched by the Union Health Minister Dr. Harsh Vardhan.
The game has been designed creatively to teach people about the right tools and behaviours to fight the Covid-19 pandemic. In addition to the game, the Minister also launched two new videos to inculcate appropriate behaviours, to be followed during the pandemic.

Notes:
The name of the “Religare Health Insurance Company Ltd” which is a subsidiary of Religare Enterprises has been changed to “Care Health Insurance Ltd”.
The change of name is effective from 19th August 2020. Religare Health Insurance was establishedby Religare enterprise limited, Union Bank of India and Corporation Bank in the year 2012. The company is headquartered in Gurgaon, Haryana.

Notes:
Former Indian footballer turned coach Bhaskar Maity passed away at a Navi Mumbai. He was 67 years old.
He was celebrated as one of the most reliable goalkeepers of India in the 1970s and ’80s. Bhaskar Maity made his debut for India at the 1978 Asian Games in Bangkok, against Iraq. He has also represented Maharashtra State in the Santosh Trophy from 1975 to 1979. Maity served as the Rashtriya Chemicals and Fertilisers (RCF) coach.

Notes:
Union Ministry of Power recommends all power generating companies and transmission companies to charge Late payment surcharge (LPS) within 12% per annum.
In many cases, LPS is up to 18 per cent per annum and the high cap has adversely impacted Discoms during the nation-wide lockdown. This measure aims at easing the financial burden on Discoms as well as the consumers.

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:
The Myanmar government has signed an agreement for implementing “National Ceasefire Agreement” (NCA) with 10 armed ethnic groups. The peace accord is called Union Peace Accord III contains 15 provisions to implement the NCA.
The agreement was entered into by the parties at Nay Pyi Taw during the 4th session of the Union Peace Conference named – 21st Century Panglong.

Notes:
Yes Bank has executed an agreement with GPL Finance and Investments Limited for the complete sale of equity shareholding of YES Asset Management Limited “YESAMC” and YES Trustee Limited “YTL”.
Both these firms are wholly owned subsidiaries of YES Bank Limited. It is expected that the sale would be completed in the next 8 to 12 months. After completion of the sale, the two firms Yes Bank will completely exit from its mutual fund business.

Notes:
With more than 15 crore users and more than 6.6 million Bluetooth traced contacts, the official contact tracing application of India, Aarogya Setu is the most downloaded contact tracing app in the world, as on date.
The application team has recently introduced ‘Open API Service’, which is used to obtain answers for real-time queries about the health status of their employees or any other Aarogya Setu User who has consented to share their health status.