Current Affairs Quiz - August, 2020

Notes:
Indian railways has announced that it has procured ‘Ninja Unmanned Aerial Vehicles’ (UAV) for surveillance operations.
The Railway Protection Force is deploying the Ninja UAVs to improve monitoring and provide safety to railway assets and passengers. RPF has recently procured nine drones worth over Rs 30 lakh. It is to procure more drones shortly, which are capable of for real-time tracking and video streaming.

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:
A joint report by the International Labour Organization (ILO) and the Asian Development Bank (ADB) stated that, 41 lakh youth in the country lost jobs due to the COVID-19 pandemic.
The ‘Tackling the Covid-19 youth employment crisis in Asia and the Pacific’ report stated that construction and farm sector workers account for the majority of job losses. Youth (15-24 years) will be hit harder than adults (25 and older) in the immediate crisis.

Notes:
The Government launched ‘Emergency Credit Line Guarantee Scheme’(ECLGS), as a part of the Rs 20 lakh crore economic stimulus package.
The allocation made for the ECLGS scheme was Rs 3 lakh crore for five months till October 31st. As per the recent news, public and private sector banks have sanctioned loans worth over Rs 1.5 lakh crore, as of August 18, 2020 and more than Rs 1 lakh crore was already disbursed.

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:
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:
Joe Biden has accepted the nomination of the Democratic Party for Presidential Candidature. Joe Biden is the former Vice President of USA and is 77 years old.
Joe Biden served as the 47th Vice president of the United States from 2009 to 2017 and as the United States Senator from Delaware from 1973 to 2009. The Presidential elections in the USA are scheduled to be held on November 3, 2020.

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:
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.

Notes:
As per the recent notification from the Personnel Ministry, over 700 districts have participated in the Prime minister’s awards for excellence in public administration.
The awards will be conferred on October 31, the Ekta Diwas (Unity Day), at the Statue of Unity in Gujarat by the Prime Minister Narendra Modi. The award is to recognise the performance of District Collectors towards economic development of their regions.