24 AUG 2020

 National Affairs

1. Aarogya Setu introduces ‘Open API Service’ feature

  • Aarogya Setu has introduced an innovative feature ‘Open API Service’ to help people, businesses and the economy in its efforts to return to normalcy.
  • It will help the organizations to get the health status of their employees as well as any other Aarogya Setu User without violating their data privacy
  • It will address the fear/risk of Covid-19 infections and enables organizations to verify the status of Aarogya Setu and integrate it into its various Work from Home features
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 Banking & Finance

2. RBI releases 2nd edition of National Strategy for Financial Education

  • RBI has released second edition of National Strategy for Financial Education (NSFE) for 2020-2025 period
  • It has been prepared by National Centre for Financial Education (NCFE) along the with RBI, SEBI, IRDAI, PFRDA and others under the Technical Group on Financial Inclusion and Financial Literacy with Chairmanship of M. K. Jain (Deputy Governor, RBI)
  • NSFE has recommended 5C approach in this edition: Content, Capacity, Community, Communication, and Collaboration
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 Banking & Finance

3. ICICI Lombard signs agreement with Bharti AXA general insurance

  • ICICI Lombard has signed definitive agreement with Bharti AXA General Insurance to combine their business.
  • Shareholders of Bharti AXA would receive two shares of Lombard for every 115 shares held by them under this new agreement.
  • When combined, they will have an expected market share of 8.7% in the non-life insurance business and will become the 3rd largest non-life insurer
  • ICICI Lombard MD-CEO: Bhargav Dasgupta
  • Bharti AXA Insurance Chairman: Rakesh Bharti Mittal
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 National Affairs

4. Govt activates new Aadhaar authenticated GST activation

  • Government has activated Aadhaar authentication for new Goods and Services Tax (GST) registration enhancing ease of doing business.
  • Aadhaar authentication for new GST registration will be issued within 3 working days without the need of physical verification.
  • It can be availed by all Indian Citizens
  • For those who don’t want to opt for Aadhaar authentication will be granted, GST registration only after physical or documentary verification for 21 working days
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 National Affairs

5. Tribal Affairs Minister launches Tribes India Showroom in Mumbai

  • Tribal Affairs Minister Arjun Munda inaugurated ‘Tribes India Showroom’ in Indian Globe Chambers of LIC Western Zonal Office, Fort, Mumbai.
  • The showroom is an initiative of TRIFED, Ministry of Tribal Affairs to promote the livelihood of the tribal people marketing.
  • TRIFED has also launched ‘Tribes India on Wheels’ to boost the sales and enhance tribal income in these challenging times.
  • TRIFED has expanded 122 retail outlets across India now from 1 in 1999.
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 National Affairs

6. Consumer Affairs launches Registration and Renewal for Jewellers system

  • Union Minister for Consumer Affairs, Food & Public Distribution, Ram Vilas Paswan has rolled out an online system of Registration and Renewal of Jewellers along with online system of recognition and renewal of the Assaying and Hallmarking Centres.
  • It will facilitate ease of doing business for jewellers, entrepreneurs
  • Precious metals hallmarking will become mandatory from June 1, 2021.
  • These portals will ensure the availability, quality and purity of gold jewellery
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 National Affairs

7. Centre forms National Council for Transgenders to formulate policies

  • Central Govt has established National Council for Transgender Persons to formulate policies, programmes and projects for transgender community helping them achieve equality 
  • Union Minister for Social Justice and Empowerment Thaawar Chand Gehlot will be the ex-officio Chairperson of the council and it will have 5 nominated members from transgender community
  • Transgender council was established under Transgender Persons (Protection of Rights) Act, 2019.
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 Books & Authors

8. Chetan Bhagat penned down One Arranged Murder

  • Chetan Bhagat has authored a fiction book titled as ‘One Arranged Murder’ that will portray a murder mystery in the backdrop of an arranged marriage
  • The book is also filled with humour, love and relatable Indian characters
  • It will hit the stands globally on September 28, 2020.
  • The book will be published by Westland Publications.
  • The book is 9th novel and 11th book penned down by Chetan Bhagat.
  • His last released novel was ‘The Girl in Room 105’
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 Honours & Awards

9. Anand Mahindra selected for 2020 Leadership Awards by USISPF

  • Mahindra group Chairman’s Anand Mahindra and Adobe’s Chairman and CEO Shantanu Narayen have been selected for the 2020 Leadership Awards by the US-India Strategic Partnership Forum (USISPF)
  • The award will be conferred to them during the 3rd Annual Leadership Summit, which is titled as ‘US-India Week: Navigating New Challenges’ and will be held from August 31, 2020 to September 03, 2020
  • The summit will highlight areas of bilateral cooperation, collaboration in fintech, etc
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 Science & Technology

10. China launches optical remote-sensing satellite named Gaofen-9 05

  • China has successfully launched a new optical remote-sensing satellite named as ‘Gaofen-9 05’ from its Jiuquan Launch Centre, Northwest China.
  • Gaofen-9 05 was sent into the orbit by Long March-2D carrier rocket.
  • Gaofen satellites are part of the civilian China High-resolution Earth Observation System (CHEOS).
  • Another satellite named as Tiantuo-5 was also launched with the same Long March-2D carrier rocket
  • The launch was the 343rd mission of Long March rocket series
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 National Affairs

11. India's longest river ropeway over Brahmaputra river inaugurated

  • India’s longest river ropeway that will connect Guwahati and North Guwahati over Brahmaputra river has been inaugurated in Assam.
  • The ropeway is 1.8 Km long and will be operated from Kachari Ghat in Guwahati to Dol Govinda temple in North Guwahati.
  • It will decrease the travel time between Guwahati and North Guwahati strengthening the tourism sector as it will enable people to see the landscapes of Guwahati, Brahmaputra including Umananda Temple on Peacock island
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