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Current Affairs Of 20 August 2020 by gkrecall

 



Today Current Affairs 

gkrecall  brings you the complete and important daily Current Affairs  and Daily Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. gkrecall prepare it based on your daily current affairs.Hope you like it.Current Affairs of March 2020 with Latest Current affairs March 2020 PDF for preparation of Bank Exam – PO & clerk, SSC, Railways & Insurance. Our Current Affairs  2020 PDF covers various sections like National March Current Affairs 2020, business & economy, Indian and International affairs 2020, defense, environment current affairs, persons and many for competitive exams preparing aspirants.



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INTERNATIONAL AFFAIRS

ILO-ADB Report: 41 Lakh Youths Lost Their Jobs of India Due to COVID-19

The International Labour Organization (ILO) and the Asian Development Bank (ADB) released the joint report titled “Tackling the Covid-19 youth employment crisis in Asia and the Pacific”, which stated that due to the COVID-19 pandemic, around 41 lakh youths have lost their jobs in India.


NATIONAL AFFAIRS

Vice Prez Venkaiah Naidu Virtually Announced ARIIA 2020 Results; IIT Madras Topped among Institutes of National Importance

The ranking were announced in six categories. Indian Institute of Technology (IIT) Madras topped the category of Institute of National Importance while Kalinga Institute of Industrial Technology (KIIT), Khordha (Odisha) topped the category of Private or Self-Financed Universities.


‘Dhanwantari Rath’ to bring Ayurveda at Doorsteps of Delhi Police Families 

 a Memorandum of Understanding (MoU) was signed between All India Institute of Ayurveda (AIIA) and Delhi Police for extending ayurvedic mode of preventive and promotive health services in the residential colonies of the Delhi Police through mobile units named ‘Dhanwantari Rath’.


Ravi Shankar Prasad Launched “Swadeshi Microprocessor Challenge- Innovate Solutions for #Aatmanirbhar Bharat” to Support Startups

 “Swadeshi Microprocessor Challenge- Innovate Solutions for #Aatmanirbhar Bharat” to provide a strong ecosystem of startups, innovation and research in India.
About Ministry of Electronics & Information Technology(MeitY):
Union Minister–  Ravi Shankar Prasad
Minister of State– Sanjay Dhotre


AIFF signs MoU with IPSO to Conduct Online Scouting Workshops in India

All India Football Federation(AIFF) signed an Memorandum of Understanding(MoU) with International Professional Scouting Organization (IPSO) to conduct online Scouting Workshops throughout India.
About AIFF:
President – Praful Patel
Headquarters – Delhi


BANKING & FINANCE

ADB Approved USD 1 billion loan for Delhi-Meerut Regional Rapid Transit System, a 1st of its kind in India

The Asian Development Bank (ADB) has approved a USD 1 billion (about Rs 7,485 crore) loan to construct the modern, high-speed 82-kilometer Delhi – Meerut, Uttar Pradesh Regional Rapid Transit System (RRTS) in India, a first of its kind in India. 
About ADB
Headquarters– Mandaluyong, Philippines 
President– Masatsugu Asakawa
Members- 68 countries


RBI Released Framework for Authorisation of Pan-India Umbrella Entity for Retail Payments 

The minimum paid-up capital of the umbrella entity should be Rs 500 crore.


Bharti AXA Life Insurance Entered into Bancassurance Partnership with SBM Bank India

Through this partnership, Bharti AXA Life Insurance will offer its entire suite of life insurance products, including protection, health, savings and investment plans, to the customers of SBM Private Wealth, the retail banking arm of SBM Bank India.

About SBM Bank India
Headquarters– Mumbai, Maharashtra
Managing Director(MD) and Chief Executive Officer(CEO)– Sidharth Rath

Fino Payments Bank Ltd Launched ‘Jan Bachat Khata’, an Aadhaar Authentication Based Digital Savings Account

Fino Payments Bank Limited(Ltd) launched Jan Bachat Khata (JBK), an Aadhaar authentication based digital savings account for its customers. JBK will bring neo-banking experience to the consumers. 
About Fino Payments Bank Limited:
Headquarters– Maharashtra 
MD & CEO– Rishi Gupta


Universal Sompo General Insurance Company Ltd Collaborates with BSE EBIX  to sell General Insurance products

Universal Sompo General Insurance Company Ltd has collaborated with BSE EBIX  Insurance Broking Private Limited (BSE EBIX ) to sell General Insurance products in a fully digital environment using the distribution network of BSE EBIX. 


Edelweiss Tokio Life Insurance Partnered with Element AI for AI Transformation 

Edelweiss Tokio Life Insurance Company Limited has partnered with Element AI, a global developer of AI (Artificial Intelligence)-powered solutions and products, to develop, design and implement a strategic AI roadmap for the new age insurer and prioritise their investments into AI.

AWARDS & RECOGNITIONS    

St Christopher School in Nagaland won the first ever Pallikkutam National Award for Innovation in Education

St Christopher School in Chessore Village, Nagaland won the Gold Award along with cash prize of Rs.1 Lakh from the first ever Pallikkutam National Award for Innovation in Education instituted by Rajagiri Media. The awards were announced over a virtual meeting.

Ganesh Vilas Lengare Awarded Star 2020 Certificate by World Book of Records, London

Solapur based activist Ganesh Vilas Lengare has been awarded Star 2020 E-citation Certification by World Book of Records, London. He has been awarded for his efforts to help the poor people during the lockdown caused by Coronavirus. 

APPOINTMENTS & RESIGNATIONS          

Luis Rodolfo Abinader sworn in as 54th President of Dominican Republic

About Dominican Republic:
Capital – Santo Domingo
Currency – Dominican Peso.

ACQUISITIONS & MERGERS     

Reliance Retail Ventures Ltd Acquired 60% stake in Vitalic Health Pvt Ltd & 100% direct ownership of Netmeds

Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired 60% equity stake in Vitalic Health Pvt Ltd(Vitalic) and 100% direct equity ownership of its subsidiaries namely Tresara Health Private Limited.

OBITUARY

Filmmaker-actor Nishikant Kamat Passes Away at the Age of 50


BOOKS & AUTHORS

Michael Cohen’s Book “Disloyal: The True Story of the Former Personal Attorney to President Donald J. Trump” is Set to Publish

Michael Cohen’s memoir about President Donald Trump titled “Disloyal: The True Story of the Former Personal Attorney to President Donald J. Trump” published by Skyhorse Publishing is set to release on 8th September 2020.

IMPORTANT DAYS

World Humanitarian Day 2020 – August 19


World Photography Day 2020 – August 19

STATE NEWS

Punjab gets First Rank in Health, Welfare Centre Operationalisation: Ministry of Health and Family Welfare (MoHFW)

State of Punjab has secured first rank in the list of best performing states in operationalisation of Health and Wellness Centers (HWCs) released by the Ministry of Health and Family Welfare(MoHFW), Government of India. Punjab’s State Health and Family Welfare Minister Balbir Singh Sidhu announced the ranking on 13th August, 2020.