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Current Affairs Of 8 October 2020 by gkrecall


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Current Affairs Of 8 October 2020 by gkrecall


Nirmala Sitharaman Launched Indian Bank’s Business Mentoring Programme ‘MSME Prerana’

Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman, launched “MSME Prerana” an online business mentoring programme for Micro, Small & Medium Enterprises (MSMEs) by Indian Bank in collaboration with Poornatha & Co, at the bank’s headquarters in Chennai, Tamil Nadu.

About Indian Bank:
On April 1, 2020, Allahabad Bank amalgamated with Indian Bank.
Managing Director (MD) & Chief Executive Officer (CEO)– Padmaja Chunduru
Tagline– Your Own Bank

Chqbook Launched India’s 1st ‘Financial Control Center’ on Mobile to Empower Small Business Owners

 In view of the pandemic, Chqbook(Chqbook.com), India’s first Neobank for small business owners like kiranas, merchants, chemists, and others running proprietorships has launched India’s 1st ‘Financial Control Center’, a new mobile platform to empower 60 million small business owners of India.
The mobile application of Chqbook will give small businesses the power to manage everyday financial needs and to access other financial products, which helps them to save time, effort and money.

About Chqbook(Chqbook.com):
Founder & CEO– Vipul Sharma


ISLRTC and NCERT Signed MoU to Make Educational Materials Accessible for Deaf Children

Indian Sign Language Research and Training Center (ISLRTC) and The National Council of Educational Research and Training (NCERT) signed a Memorandum of Understanding(MoU) to convert the NCERT educational materials into Indian Sign Language(ISL).

IFFCO & Prasar Bharati Signed MoU to Broadcast Agri technology for Growth of Agriculture

Indian Farmers Fertiliser Cooperative Limited (IFFCO) and Prasar Bharati inked Memorandum of Understanding (MoU) to broadcast and promote new agriculture technology and innovations during a program organised in Prithvi Bhavan, New Delhi.

IFFCO is the world’s biggest fertiliser cooperative and has prepared an Nanotechnology based alternative of Urea.

About Prasar Bharati:
Chief Executive Officer (CEO)– Shashi Shekhar Vempati
Headquarter– New Delhi

NITI Aayog, MNRE and Invest India organized the Global Symposium ‘India PV Edge 2020’

NITI Aayog, Ministry of New & Renewable Energy (MNRE) and Invest India jointly organized a Global Symposium ‘India PV Edge 2020’ virtually. It was organized to inform global Photovoltaics (PV) about opportunities in India.

MoSPI Launched India’s first Pan India Time Use Survey 2019

India’s first Pan India time use survey (TUS) titled “NSS Report- Time Use in India 2019” where NSS is National Sample Survey, was released by the Ministry of Statistics and Programme Implementation (MoSPI) in the form of 2,140-page report. 

About Ministry of Statistics and Programme Implementation (MoSPI):
Minister of State (Independent Charge)– Rao Inderjit Singh

Durga Shanker Mishra launched API Integration between PM SVANidhi Portal and SBI’s eMudra Portal

Durga Shanker Mishra, Secretary, Ministry of Housing & Urban Affairs(MoHUA) launched the API(Application Programming Interface) integration between the PM SVANidhi Portal and the SBI(State Bank of India)’s eMudra portal. This launch is a part of Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme.


Axis Bank in Partnership with Vistara, Launched Industry 1st Co-Branded Forex Card, ‘Axis Bank Club Vistara Forex Card’

Axis Bank Ltd in partnership with Vistara, India’s full service carrier launched a Co-Branded Forex Card‘Axis Bank Club Vistara Forex Card’ to cater the needs of international travellers.

About Vistara:
HeadQuarters– Gurgaon, Haryana
Chief Executive Officer(CEO)– Mr. Leslie Thng
About Axis Bank Ltd:
HeadQuarters– Mumbai, Maharashtra
Managing Director(MD) and Chief Executive Officer(CEO) – Amitabh Chaudhry

FLO and NSDC Signed MoU to Empower Women Through Skill Training

Federation of Indian Chamber of Commerce and Industry(FICCI) Ladies Organisation (FLO), the women’s wing of FICCI and National Skill Development Corporation(NSDC) signed a Memorandum of Understanding (MoU) under the 3C initiative of FLO to empower women with employability through skill training and to promote women entrepreneurship.


Union Minister Piyush Goyal releases results of 1st Edition of National Startup Awards 2020

The First Ever National Startup Awards has been conceived by the Department for Promotion of Industry and Internal Trade (DPIIT).

Emmanuelle Charpentier and Jennifer A. Doudna Won 2020 Nobel Prize in Chemistry for Development of a Method for Genome Editing

This is the 1st time 2 women have jointly won the Nobel Prize in Chemistry.


Department of Fertilizers Ranked 3rd Among 65 Ministries/Department: DMEO 

The Development Monitoring and Evaluation Office(DMEO), Niti Aayog conducted a Data Governance Quality Index Survey to assess the performance of the ministries/departments based on the implementation of Central Sector Schemes(CS) and Centrally Sponsored Schemes(CSS). The Department of Fertilizers, Ministry of Chemical and Fertilizers ranked 3rd among the 65 ministries/departments.

Government of India Appoints Dinesh Kumar Khara as the Chairman of SBI

The Government of India appointed Dinesh Kumar Khara, the current Managing Director of State Bank of India as the new Chairman of SBI for a period of three years effective from 7th October 2020. Dinesh Kumar Khara succeeds Rajnish Kumar as the new Chairman, whose 3-year term ended on 7th October 2020.

Government Appoints J Venkatramu as MD, CEO of India Post Payments Bank

The Appointments Committee of the Cabinet approved the appointment of J Venkatramu as Managing Director (MD) & Chief Executive Officer (CEO) of India Post Payments Bank (IPPB) for a period of three years.

J Venkatramu will succeed Suresh Sethi, who served the post till March, 2020.


ADIA to Invest Rs.5512.50 Crore in RRVL

The Reliance Industries Limited(RIL) announced that the wholly owned subsidiary of Abu Dhabi Investment Authority(ADIA) is set to invest Rs.5512.50 crorein the Reliance Retail Ventures Limited(RRVL) for 1.20% stake. The investment value of RRVL at pre money equity value of Rs.4.285 lakh crore.


ICG Offshore Patrol Vessel ‘Vigraha’ launched to enhance Coastal Security

The Seventh Offshore Patrol Vessel (OPV) ‘Vigraha’ of Indian Coast Guard (ICG) was launched at Kattupalli Port, Chennai. The vessel has been built by Larsen & Toubro (L & T).

About Indian Coast Guard (ICG):
Director General of ICG (DG ICG) – Krishnaswamy Natarajan
Headquarters – New Delhi

Russia Successfully Test-Fires Tsirkon Hypersonic Cruise Missile

About Russia:
President – Vladimir Putin
Capital – Moscow
Currency – Russian Ruble


World Cotton Day Observed on October 7 2020


Telangana Govt Signs Tripartite Agreement between DET, GIZ and Siemens India to Implement New Initiative IGnITE

In order to implement a new initiative, Indo-German Initiative for Technical Education(IGnITE)Telangana government has signed a tripartite agreement between Department of Employment and Training(DET), Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), India and Siemens Limited, India in presence of Ch Malla Reddy, Minister of labour and Employment.

NDDB, Ladakh UT sign MoU to Conduct Survey for Promotion of Dairying

National Dairy Development Board (NDDB) and Union Territory (UT) Administration of Ladakh signed a Memorandum of Understanding (MoU) to conduct a survey for promotion of dairying and rural livelihood in the region.

About Union Territory of Ladakh:
Lieutenant Governor – Radha Krishna Mathur
Capital – Leh