Current Affairs August 2020

India and Maldives ink contract for development of five eco-tourism zones

Recently, India and Maldives has signed a contract for development of five eco-tourism zones in Addu atoll of the island nation. These eco-tourism zones are part of grant projects being implemented under the High-Impact Community Development project (HICDP) scheme which involves a total grant assistance of 5.5 million US dollars to the Maldives. Daily Current […]

India and Maldives ink contract for development of five eco-tourism zones Read More »

A massive landslide took place in Kerala after received heavy rainfall

A massive landslide has took place in Kerala at Pettimudi, a hamlet in Rajamala ward under Munnar village panchayat on 6 August and crushed a settlement of 83 tea estate workers. So far, 49 bodies have been recovered, 12 persons have been rescued and many are still missing. Daily Current Affairs Quiz 2020 Key-Point Rajamala

A massive landslide took place in Kerala after received heavy rainfall Read More »

Breaking down of Goods and Services Tax (GST)

The Goods and Services Tax (GST) was marked a major shift from the traditional production-linked tax to a consumption-based tax. The Centre and the states are in a tussle over delayed compensation payments under GST. Daily Current Affairs Quiz 2020 Key-Point As per the GST (Compensation to States) Act, 2017, states are guaranteed compensation for

Breaking down of Goods and Services Tax (GST) Read More »

WHO call for countries to join its COVAX facility

The World Health Organisation has renewed its invite to countries to join its COVAX facility, an international alliance aimed at accelerating the development and manufacture of novel Coronavirus vaccines, and ensuring equitable access to all. Daily Current Affairs Quiz 2020 Key-Point The COVAX facility, launched in April 2020, is stitching together agreements with developers and

WHO call for countries to join its COVAX facility Read More »

International Youth Day 2020

International Youth Day is celebrated on 12 August each year to mainstream young peoples’ voices, actions and initiatives, as well as their meaningful, universal and equitable engagement. The theme of the day this year is “Youth Engagement for Global Action”. Daily Current Affairs Quiz 2020 Key-Point The aim behind this theme is to highlight the

International Youth Day 2020 Read More »

Daughters have Coparcenary Rights on the property of their parents

Recently, the Supreme Court reported that daughters have coparcenary rights on the property of their parents even if the latter died before the Hindu Succession (Amendment) Act, 2005 came into force. Daily Current Affairs Quiz 2020 Key-Points A bench of the apex court, headed by Justice Arun Mishra reported that a daughter is entitled to

Daughters have Coparcenary Rights on the property of their parents Read More »

Russia developed world’s first Covid-19 vaccine

Russian President Vladimir Putin launched the world’s first Covid-19 vaccine. The registration of the vaccine lays ground for mass inoculation even as the final stages of clinical trials to test safety and efficacy continue. Daily Current Affairs Quiz 2020 Key-Points The announcement came in the wake of the novel coronavirus pandemic that has infected more

Russia developed world’s first Covid-19 vaccine Read More »

RBI formed five member committee on loan restructuring

Reserve Bank of India (RBI) has formed a five member committee under the chairmanship of former ICICI Bank CEO KV Kamath to make recommendations on the financial parameters to be considered in the restructuring of loans impacted by the Covid 19 pandemic. The Committee is tasked to recommend parameters for one-time restructuring of corporate loans.

RBI formed five member committee on loan restructuring Read More »

Digital Voting with the use of Blockchain Technology

The Election Commission of India is to collaborate with the Indian Institute of Technology to develop a blockchain system exploring the potential of using blockchain technology to enable remote voting. The aim is to overcome the geographical hurdles in voting. Daily Current Affairs Quiz 2020 Key-Points Blockchain is a system in which the database of

Digital Voting with the use of Blockchain Technology Read More »

ABB India launched online marketplace portal eMart

ABB (ASEA Brown Boveri) India has announced the launch an online marketplace portal named eMart which will offer more than 6,000 products from its electrification business for home and industrial buyers. Daily Current Affairs Quiz 2020 Key-Points This B2B & B2C platform aims to provide an “equally fair and favorable experience” to both ABB distributors

ABB India launched online marketplace portal eMart Read More »