Current Affairs Quiz - August, 2020

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 Mysuru Zoo in Karnataka is the second Indian zoo to have African hunting cheetahs after the Hyderabad zoo.
Under the Animal Exchange Programme, the zoo has acquired one male and two female African hunting Cheetah from Ann Van Dyke Cheetah Centre at Johannesburg, South Africa. One female Cheetah of age 15 months and two male Cheetahs of age 14 and 16 months are brought by air.

Notes:
Madhya Pradesh has sanctioned 58,476 loans to street vendors under Pradhan Mantri Street Vendors Atma-Nirbhar Scheme (PM SVA Nidhi). This makes Madhya Pradesh the top performing state under the scheme.
More than 47% of the total sanctions in the country is made by Madhya Pradesh. Under the scheme, working capital loan of Rs.10000/- for a term of one year is given to street vendors, to resume their livelihoods.

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:
India has signed a cultural agreement with Israel for a three-year programme of cooperation and strengthening of bilateral ties between the two countries.
This cooperation is expected to raise awareness on the history and culture of both countries. This cooperation programme India and Israel for the years 2020-23 is based on the cultural agreement signed between them on May 18, 1993.

Notes:
Union Ministry of Tribal Affairs and Ministry of Rural Development has recently signed a Joint Communication to promote sustainable livelihood opportunities Among Tribal Women SHGs in rural areas.
Rural Development Ministry will identify and map tribal women SHG members while Ministry of Tribal Affairs will promote livelihood opportunities among women identified by State Rural Livelihood Mission (SRLM) through several arenas.

Notes:
Union Minister of Road Transport and Highways Nitin Gadkari has launched an application named “Harit Path”.
It has been developed by the National Highways Authority of India (NHAI) to monitor the location, maintenance activities, and performance of all its plantation projects. Using the application, the data of the plants along with their photos will be uploaded to oversee their status.

Notes:
Software Technology Parks of India (STPI), under the Ministry of Electronics and Information Technology is set to have the largest ecosystem of incubation ecosystem in the country, in a year by setting up 21 centres of excellence.
The proposed 21 centres of excellence (CoEs) will incubate new technologies in various sectors. Out of the 21 CoEs, 12 of them are already operational. Three centres are related to Agriculture and one more is proposed to be launched.

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.