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Current Affairs AUGUST 2020 section is updated daily with the latest Current Affairs and Current Events of AUGUST 2020 for UPSC, IAS/PCS, PSI, KAS, PC AND MORE.
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1) Women’s Equality Day is being celebrated in the United States on August 26 to commemorate the 1920 adoption of the Nineteenth Amendment?
A) August 12
B) August 14
C) August 26
D) August 29
E) August 25
Answer: C
Women’s Equality Day is celebrated in the United States on August 26 to commemorate the 1920 adoption of the Nineteenth Amendment (Amendment XIX) to the United States Constitution, which prohibits the states and the federal government from denying the right to vote to citizens of the United States on the basis of sex.
It was first celebrated in 1972, designated by Congress in 1973, and is proclaimed each year by the United States President.
2) Which state has topped in the list of availment of loans since the inception of the Pradhan Mantri Mudra Yojana?
A) Haryana
B) Uttar Pradesh
C) Madhya Pradesh
D) Tamil Nadu
E) Chattisgarh
Answer: D
Over 15 crore loans amounting to Rs.4.78-lakh-crore have been disbursed to women borrowers since the inception of the Pradhan Mantri Mudra Yojana (PMMY) with Tamil Nadu topping the list in availing the loan followed by women in West Bengal and Karnataka.
As on March 31 women in Tamil Nadu had availed Rs.58,227 crore loan from the scheme followed by West Bengal Rs.55,232 crore, Karnataka Rs.47,714 crore, BiharRs.44,879 crore and Maharashtra Rs.42,000 crore loan as per the data provided by the Ministry of Finance to the Rajya Sabha.
3) Ashok Sahil who passed away at the age of 64 was a famous ______.
A) Director
B) Actor
C) Dancer
D) Singer
E) Poet
Answer: E
Urdu poet Ashok Sahil passed away after prolonged illness. He was 64. Sahil had been suffering from kidney ailments for some years.
4) Which bank has become the first in India to Use Satellite Data To Assess Farmer Loans?
A) Bandhan
B) Yes
C) ICICI
D) SBI
E) HDFC
Answer: C
ICICI Bank has announced that it will make use of satellite data, in combination with technologies from agri-tech and fin-tech firms, to offer advanced, remote credit assessment for extending loans to farmers.
The technology will involve using advanced satellite imagery to assess farm lands in parameters such as land quality, location, irrigation and year-round crop patterns.
5) The Indian Energy Exchange has accepted the resignation of who among the following as the MD & CEO?
A) Raj Desai
B) Rajiv Srivastava
C) Chirag Pathak
D) Anil Verma
E) Sunil Singhvi
Answer: B
Indian Energy Exchange said its board of directors have accepted resignation of its Managing Director and CEO Rajiv Srivastava.
Goel, non-executive chairman of the board, has been given additional charge of Managing Director and CEO of the company for an interim period with immediate effect by the board
Goel was the Managing Director & CEO of the company from January 21, 2014 to July 20, 2019.
6) Who among the following has won the title of the ‘World’s Fastest Human Calculator’?
A) AnilshPrakash
B) Raj Prakash
C) Anand Prakash
D) Neelakanta Bhanu Prakash
E) Sunanda Praka
Answer: D
Twenty-year-old Neelakanta Bhanu Prakash of Hyderabad has emerged as the fastest human calculator in the world after winning first-ever gold for India in the Mental Calculation World Championship at the Mind Sports Olympiad (MSO) held in London recently.
A student of Mathematics (Hons.) at Delhi University’s St Stephen College holds world records and 50 Limca records for being the fastest human calculator in the world.
MSO was held virtually with 30 participants up to 57 years of age from 13 countries including UK, Germany, UAE, France Greece and Lebanon.
7) Who among the following has written the book ‘Running Toward Mystery: The Adventure of an Unconventional Life’?
A) David Schneider
B) Devon Hase
C) Timothy Keller
D) Mike Mason
E) Tenzin Priyadarshi
Answer: E
Running Toward Mystery is the Venerable Tenzin Priyadarshi’s profound account of his lifelong journey as a seeker. It is and co-written by Zara Houshmand
Tenzin Priyadarshi is the President and CEO of The Dalai Lama Center for Ethics and Transformative Values at the Massachusetts Institute of Technology (MIT) and Zara Houshmand is an Iranian American author and literary translator.
8) Which Indian Satellite has detected extreme UV Light Coming from Galaxy 9.3 Billion Light-years Away?
A) OceanSat
B) SARAL
C) AstroSat
D) Bhaskara II
E) RISAT-2
Answer: C
AstroSat, India’s first multi-wavelength satellite, has detected an extreme ultraviolet (UV) light from a galaxy called AUDFs01 which is 9.3 billion light-years away from Earth.
A global team led by Pune-based Inter-University Centre for Astronomy and Astrophysics (IUCAA) scientists have achieved the major breakthrough.
This team comprised scientists from India, France, Switzerland, the USA, Japan and The Netherlands. Dr Saha and his team observed the galaxy, which is located in the Hubble Extreme Deep field, through AstroSat.
9) Pascal Lissouba who passed away at the age of 88 was the former president of which country?
A) Tanzania
B) Uganda
C) Rwanda
D) Congo
E) Nigeria
Answer: D
Former Congolese president Pascal Lissouba passed away at the age of 88.
He was president of the Republic of Congo – also called Congo-Brazzaville, to distinguish it from the neighbouring Democratic Republic of Congo (DRC) – from 1992 to 1997.
10) The Ministry of Finance has recently announced that businesses with an annual turnover of up to _______ lakh have been exempt from GST, while with turnover of Rs. 1.5 crore can opt for the composition scheme.
A) 80
B) 40
C) 50
D) 60
E) 70
Answer: B
The Ministry of Finance said that businesses with an annual turnover of up to Rs 40 lakhs are exempt from GST and those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay only one per cent tax.
Earlier, the GST exemption limit was Rs 20 lakh.
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