Current Affairs Quiz-September, 2020

Notes:
The third annual Indo-Pacific Business Forum is to be held in Hanoi, the capital of Vietnam on October 28 and 29, 2020.
The United States Government will sponsor the forum, in collaboration with the Government of Vietnam, the US-ASEAN Business Council and others trade associations. The main focus will be on Infrastructure, Digital economy, Market connectivity, health and economic recovery.

Notes:
Researchers at Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) have developed a theragnostic (diagnostic therapy) drug candidate for lung cancer.
JNCASR is an autonomous institute under the Department of Science & Technology (DST), Govt. of India. Lung cancer is one of the most common cause of cancer related death and is tough to detect at early stages thereby making it difficult to treat.

Notes:
Union Minister for Agriculture and Farmers’ Welfare, Narendra Singh Tomar has recently inaugurated 22 bamboo clusters in 9 States viz. Gujarat, MP, Maharashtra, Odisha, Assam, Nagaland, Tripura, Uttarakhand and Karnataka.
He also unveiled a logo for the National Bamboo Mission, selected through a contest conducted. The yellow-green logo showcases a bamboo culm with half an industrial wheel and half farmers.

Notes:
According to the recent data from the Controller General of Accounts, India borrowed a record high Rs 39, 165 Crores from Multilateral agencies.
India has undertaken this borrowing to meet expenses related to tackling Covid-19. This is the highest external financing for any full fiscal year. Earlier, in the financial year 2016-17, India had borrowed Rs14,811 crore in external sources.

Notes:
The Prime Minister is to launch a new platform for managing Livestock named as e-Gopala App, which will serve as a breed improvement marketplace.
The portal also aims to provide information on managing livestock including buying and selling of germplasm of livestock. It also ensures Quality breeding services for livestock, Animal nutrition and traditional medical treatment. It also sends alerts to remind vaccination and calving.

Notes:
Markets regulator SEBI has added National Stock Exchange (NSE) to the list of entities that can carry out e-KYC Aadhaar authentication.
Earlier in May 2020, SEBI had rolled out a list of 8 entities that permitted to undertake e-KYC (Electronic-Know Your Customer) Aadhaar authentication. SEBI has stated that NSE can undertake Aadhaar authentication service of the UIDAI subject to compliance certain terms and conditions.

Notes:
Funds above Rs.7,00,000 sent abroad under RBI’s Liberalised Remittance Scheme would be subjected to 5% Tax Collection at Source.
This is under the Finance Act 2020 and would come in to force from 1st October 2020. On payments above Rs.700,000, the TCS will apply on the amount above this threshold. The TCS is not applicable for buying a tour package.

Notes:
The Reserve Bank of India (RBI) has decided to measure the extent of digital payment in India by devising Digital Payment Index.
The index would also assess innovation in existing modes and will help bridge digital divide. The development of the Digital Payment Index is based on the recommendations made by Nandan Nilekani Committee on Digital Payments.

Notes:
The Union Finance Minister Nirmala Sitharaman has announced the performance of Public Sector Banks (PSBs) under EASE Banking Reforms Index 2.0. EASE stands for “Enhanced Access and Service Excellence”.
Bank of Baroda, State Bank of India, and erstwhile Oriental Bank of Commerce were the top three in the list of “Top Performers”. Bank of Maharashtra, Central Bank of India and erstwhile Corporation Bank were the leading banks in ‘Top Improvers’ category.

Notes:
Social media major Twitter India has recently launched a dedicated search prompt for resources on mental health and suicide prevention.
This initiative has been launched on the occasion of World Suicide Prevention Day. The search prompt #ThereIsHelp has been launched in association with the National Institute of Mental Health and Neurosciences (NIMHANS).