Current Affairs Quiz - August, 2020

Notes:
“Swadeshi Microprocessor Challenge” has been launched by the Government of India to promote indigenous microprocessor manufacturing and designing.
100 shortlisted companies will be given grant to build their prototype. 25 finalists will win Rs.1 crore each. The top ten teams will get a fund of total Rs.2.30 crore with 12-month incubation support, from the Ministry of Information Technology.

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:
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.

Notes:
The Southern Railways zone has recently conducted the trial of Roll on– Roll (RO-RO) off service, in the Tokur – Shoranur section of the Palakkad division.
According to the information from the Indian Railways, Trucks loaded with vegetables, coconuts and rubber from Kozhikode and Ernakulam regions in Kerala can be transported to Gujarat and Maharashtra. In the return direction, polymers, textiles and plastics can be transported.

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:
Lok Sabha Speaker Om Birla has attended the inaugural ceremony of the 5th World Conference of Speakers of Parliament (5WCSP).
It is a two-day virtual Conference organized jointly by Inter-Parliamentary Union (IPU), Geneva and Parliament of Austria. The programme is supported by United Nations (UN). The theme of the Conference is “Parliamentary leadership for more effective multilateralism that delivers peace and sustainable development for the people and planet.”

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:
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:
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:
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.