Current Affairs Quiz - August, 2020

Notes:
The Union Ministry of Home Affairs has recently approved to rename the Manduadih railway station in Uttar Pradesh as ‘Banaras’.
The state government of Uttar Pradesh had earlier sent a request to the Home Ministry for renaming the railway station in its Varanasi district. The Home Ministry issued a no-objection certificate after consulting with the Ministry of Railways, Department of Posts and Survey of India.

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:
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:
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:
The Cabinet Committee on Economic Affairs (CCEA) has approved an increase in Fair and Remunerative Prices (FRP) of sugarcane by Rs.10 per quintal from the existing Rs 275 to Rs.285 per quintal.
The new FRP would come into force from October 2020. This is in line with the recommendations of the Commission of Agricultural Costs and Prices (CACP).

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:
Union Tribal Affairs Minister Arjun Munda has virtually launched the tertiary processing centres of ‘Trifood Project’.
It is an initiative of TRIFED, Ministry of Tribal Affairs, in association with Ministry of Food Processing (MoFPI). The Minister launched the project in Raigad of Maharashtra and Jagdalpur of Chhattisgarh. It aims to enhance the income of tribal population by making value addition in the Minor Forest Produces.

Notes:
The rockets manufactured by Economic Explosives Ltd (EEL) have been successfully test fired by the Indian Army.
This is the first ever set of rockets fully manufactured by a private sector company, and is expected to reduce the single source dependency on Ordnance Factory Board (OFB). The Pinaka rockets were manufactured after a technology transfer agreement with the DRDO.

Notes:
The United Nations General Assembly designated 22 August as the International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief.
It comes a day after the International Day of Remembrance and Tribute to the Victims of Terrorism. The UN asks its members to ensure the upholding of human rights of persons belonging to religious minorities, including their right to exercise their religion or belief freely.

Notes:
Asian Infrastructure Investment Bank (AIIB) is to finance the USD 500 million Mumbai Urban Transport Project-III.
The Government of India, state Government of Maharashtra and Mumbai Railway Vikas Corporation signed a loan agreement with AIIB for this project. It will improve the network capacity and safety of the suburban railway system in Mumbai.