Current Affairs Quiz - August, 2020

Notes:
Indian Navy has signed a deal with Uttar Pradesh Expressway Industrial Development Authority (UPEIDA) for setting up a “Centre of excellence”. The Centre of excellence is to come up in the Defence corridor of Uttar Pradesh.
The centre of excellence would provide solutions to the problems and challenges of the Indian Navy. The centre is proposed to be established with the help of IIT, BHU and other prominent institutions of the country.

Notes:
The Platform for Investor Education (PIE) has been launched by the IIM Bangalore and National Stock Exchange (NSE) – Investor Protection Fund Trust.
The platform would help in investor education through simple and easy-to-understand audio-visual format. It will reflect the current developments in financial markets through the research initiative by the faculty of IIM Bangalore.

Notes:
The Union Cabinet has recently approved to set up a new entity named ‘National Recruitment Agency (NRA)’ to carry out a national Common Entrance Test (CET).
This exam would be a common screening test for non-gazetted vacancies in both departments of Central government and public sector organisations. It is to conduct first level tests currently conducted by agencies like SSC, RRB and IBPS among others.

Notes:
Iran has displayed a surface-to-surface ballistic missile, that has a range of 1,400 kilometres, named martyr Qassem Soleimani.
The country also displayed a new cruise missile called martyr Abu Mahdi, with a range of over 1,000 km, amidst the demand from the United States to stop its missile programme. The head of Iran’s Quds Force, Soleimani and Iraqi commander Abu Mahdi al-Muhandis were killed in a U.S. strike.

Notes:
Veteran Indian author Sudha Murty’s latest collection of short stories, ‘Grandparents’ Bag of Stories’ is to be released in the month of November.
The Penguin Random House India announced the collection which is a sequel of her recent release ‘Grandma’s Bag of Stories’ and will have 20 stories. Sudha Murty has authored several books in English and Kannada especially for children.

Notes:
Every year, August 19 is observed as the World Humanitarian Day by the United Nations (UN), to commemorate humanitarian workers killed and injured in the course of their work.
This year, the UN has initiated a global conversation / campaign -to thank #RealLifeHeroes to celebrate the humanitarians who have committed their lives to help others. The day marks the 2003 bomb attack killing 22 people, including the Iraqi chief humanitarian, Sergio Vieira de Mello.

Notes:
Chandrayaan-2 is India’s first mission to make a soft-landing of a rover on the South pole of the moon.
It is also India’s second lunar mission, which has recently completed one full year around the moon. Indian Space Research Organisation (ISRO) has announced that all of its instruments are performing well and there is adequate fuel to keep it functional for about seven more years.

Notes:
India is set to launch a new direct cargo ferry service to the Maldives, in the third week of September, as per the Indian high commission in the Maldives.
The service will link Kochi and Tuticorin with Male and will boost bilateral trade relations. A vessel operated by the Shipping Corporation of India, will be used for the ferry service. The vessel is to carry electrical machinery, medicines, construction material as well as perishable goods.

Notes:
A massive fire outbreak has recently occurred in the Srisailam hydroelectric power plant located in the state of Telangana.
Nine people including five engineers of Telangana State Power Generation Corporation were killed in the massive fire. Chief Minister K Chandrasekhar Rao directed to launch an investigation into the incident. He also announced compensation to the families of the deceased and the injured.

Notes:
The Department of Revenue, Ministry of Finance has notified the ‘Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020’.
The norms for enforcing the ‘rules of origin’ provisions has been released by the Government recently. These rules will come into effect from September 21, 2020 and will apply where preferential rate of duty is claimed by importer. The ”Rules of origin” provision mandates minimal processing in the FTA country.