CA PDF August 2020

Current Affairs PDF August 2020

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GDP Growth Rate Prediction for India
Agency 2020-21 (FY21) 2021-22 (FY22) 2022-23 (FY23)

Barclays -6.00% 7%
DBS -6.00%
Nomura -6.10%
Crisil -9.50%
FICCI -4.50%
BofA Securities -3.00% 9.00%
CITI -6.00% - -
CARE -6.40% - -
Fitch (BBB- with negative -5.00% 8.00% 5.50%
outlook)
S&P Global Ratings (BBB-) -5.00% 8.50%
India Rating -5.30% 5 or 6%
IMF -4.50% 6.00%
Moody (Baa3) For FY21=-4% For FY22=8.7%
For Calender Year For CY 2021= 6.9%
2020= -3.1%
ADB -4.00% 5.00%
Fitch Solutions -5.00% 9.50%
OECD (-)7.3 % if corona 8.1 % if corona strikes
strikes again again
(-)3.7 % if corona 7.9 % if corona doesnot
doesnot strikes strikes again
again
World Bank -3.20% 3.10%
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Appointments and Resignations

Person Post Organisation
Hardik Satishchandra Shah Personal Secretary To Prime Minister of India
Hamed Bakayoko Prime Minister Ivory Coast
Irfaan Ali President Guyana
Mark Phillips Prime Minister Guyana
Manoj Sinha Lieutenant Governor Jammu and Kashmir
Girish Chandra Murmu Comptroller and Auditor General (CAG) of India
Ajay Tyagi Chairman SEBI (extension)
Pradeep Kumar Chairman UPSC
Harmanpreet Kaur and Suresh global brand ambassadors WTF Sports
Raina
Hardayal Prasad MD & CEO PNB Housing Finance
Mahinda Rajapaksa Prime Minister Sri Lanka (4th time)
Harsh Bhanwala executive chairman Capital India Finance
Walter Roger Martos Ruiz Prime Minister Peru
Mohamed Ould Bilal Prime Minister Mauritiana
Kaushik Khona CEO GoAir
Ashwini Kumar Shukla Chief Risk Officer Central bank of India
G P Garg Executive Director SEBI
Satya Pal Malik Governor Meghalaya
Bhagat Singh Koshyari Governor Goa
Rohit Sharma brand ambassador sports eyewear brand Oakley in
India
Luis Rodolfo Abinader President Dominican Republic
Keith Rowley Prime Minister Trinidad and Tobago
Francisco Asue Prime Minister Equatorial Guinea
Rajiv Kumar Election Commissioner
Ashwani Bhatia Managing Director State Bank of India
G Satheesh Reddy Chief DRDO (extension)
Vinay Tonse MD and CEO SBI Mutual Fund
Sashidhar Jagdishan to be the new CEO of HDFC Bank; Will succeed Aditya Puri. He will take charge in October
when Puri retires.
Soma Mondal selected as the next chairman of SAIL. She will succeed Anil Chaudhary, who is due to retire at
the end of 2020.
Resignations/Retirements
Lebanon PM Hassan Diab Announces Resignation Over Deadly Beirut Blasts
Isher Judge Ahluwalia steps down as ICRIER chairperson; Succeeded by Pramod Bhasin
Ashok Lavasa resigns as Election Commissioner to join ADB as Vice-President
President of Mali, Ibrahim Boubacar Keita resigns amid military coup
Rajiv Srivastava Steps Down as MD & CEO of Indian Energy Exchange (IEX)
Japan’s longest-serving PM Shinzo Abe resigns due to ill-health
Indian Council for Research on International Economic Relations (ICRIER)
Awards and Recognitions

Award Winner Achievement/Extra Info
Smart India Hackathon-2020 Defence Institute of Advanced
Technology, Pune
2020 Prem Bhatia journalism Dipankar Ghose (Journalist) in Outstanding Political Reporting
awards of The Year
2020 Prem Bhatia journalism website PARI People’s Archive of Rural India
awards (PARI) website in Outstanding
Environmental Reporting of The
Year category.
2020 Leadership Awards by the Anand Mahindra (Mahindra group They will be awarded during the
US-India Strategic Partnership Chairman) and Shantanu Narayen third Annual Leadership Summit,
Forum (USISPF). (Adobe Chairman and CEO) titled ”US-India Week: Navigating
New Challenges”, which will be
held virtually from August 31, 2020
to September 03, 2020.
The International Booker Prize Marieke Lucas Rijneveld (Dutch for her debut novel ‘The Discomfort
2020 author) of Evening’.
Maulana Abul Kalam Azad Trophy Punjab University
 121 Police personnel honored with Union Home Minister’s Medal for Excellence in Investigation for
2020
 Neelkantha Bhanu Prakash of Hyderabad has become the first Indian to win the gold medal at the
Mental Calculation World Championship 2020 at Mind Sports Olympiad (MSO) held in London
recently
Obituary
Person Profession Extra Info
Amar Singh Politician Former Samajwadi Party leader and
Rajya Sabha MP
Sonam Tshering Lepcha Folk musician Padma Shri winner
Lee Teng Former Taiwan President -
Kamal Rani Varun Politician UP Cabinet Minister
William English co-inventor of the computer mouse 91
Manikyala Rao Politician Former Andhra Pradesh Minister
and senior BJP leader
John Hume Politician (Ireland) Nobel Peace Prize winner
Ebrahim Alkazi theatre director and drama teacher Architect of the Modern Indian
Theatre
Ram Pradhan Politician Former Union Home Secretary &
Arunachal Pradesh Governor
Shivajirao Patil Nilangekar Politician Former Maharashtra CM
Sameer Sharma TV Actor -
Shyamal Chakraborty Politician Veteran CPI(M) leader and former
West Bengal Minister
Shirley Ann Grau novelist Pulitzer Prize winner
Mukund Lath cultural historian exponent of Mewati gharana
James ‘Kamala’ Harris WWE wrestler 70
Nandi Yellaiah Politician Former Congress leader and eight-
time MP
Rahat Indori Urdu Poet

Laishram Manitombi Singh Footballer
P K Muthusami Tamil film lyricist
Rajiv Tyagi Politician Congress Leader and Spokesperson
GK Menon Sports Journalist
Simar Dugal Model and Fashion Designer
Chunakkara Ramankutty Malayalam poet-lyricist
Chetan Chauhan Cricketer Former Indian cricketer and Uttar
Pradesh Minister
Pandit Jasraj Classical Vocalist He belonged to Mewati gharana.
Russell A. Kirsch Computer Scientist Invented Pixel
Angela Buxton British Tennis player
Gopalaswamy Kasturirangan Cricketer
Pascal Lissouba Former Congo president
Sangeeta Srivastava TV Actress
Purshottam Rai Athletics coach
Justice AR Lakshmanan Former Supreme Court Judge
Archana Mahanta Folk Singer
Harikrishnan Vasanthakumar Politician
Joe Ruby Scooby Doo Co-Creator
Chadwick Boseman Actor Black Panther’ star
Rankings
Ranking Top Extra Info
Hurun Global Unicorn List 2020 US (with 233 unicorn) India- 4th (with 21 unicorns)
FutureBrand Index 2020 Apple Reliance Industries- 2nd
Forbes’ highest-paid actors of 2020 Dwayne Johnson ($87.5 million Akshay Kumar ($48.5 million)
ranked at 6th place is the only
Indian in the list.
implementation of Atal Mission for Odisha topmost state in the country for
Rejuvenation and Urban the consecutive second year
Transformation (AMRUT) scheme.
the ‘Atal Ranking of Institutions on The Indian Institute of Technology,
Innovation Achievements,’ (ARIIA) Madras
2020
Swachh Survekshan 2020 Indore at (Gujarat) and Navi Mumbai
(Maharashtra) are the second and
third most cleanest city
Rabobank’s Global Top 20 Dairy Nestle Amul (16th) becomes first Indian
Companies list dairy company to be ranked in this
 Gujarat Tops NITI Aayog’s inaugural Export Preparedness Index 2020. Maharashtra and Tamil Nadu
ranked second and third respectively.
Across the Union Territories, Delhi has performed the best, followed by Goa and Chandigarh.
Among the Himalayan states, Uttarakhand is top ranked, followed by Tripura and Himachal Pradesh.
In the landlocked states, Rajasthan has performed the best, followed by Telangana and Haryana.
Committee and its Head

Committee Purpose Formed by Head
to formulate plan to develop IFSCA Pradip Shah
international retail business
for financial parameters to be RBI Shri K.V. Kamath
factored in Resolution Framework
for Covid19-related Stress
to fix ceiling rates under Remission GoI G K Pillai
of Duties and Taxes on Export
Products (RoDTEP) scheme
National Expert Committee on GoI Dr V K Paul
Vaccine Administration for COVID-
19
search-cum-selection committee GoI Rajiv Gauba
to name the new three
government nominees on
Monetary Policy Committee (MPC)
National Council for Transgenders GoI Union Minister of the Ministry of
to Formulate Policies Aimed at Social Justice and Empowerment
Equality & Participation will be the ex-officio Chairperson of
the council. Presently, this post is
held by Thaawar Chand Gehlot.
5-member Panel to redefine DRDO GoI IIT Delhi Director V. Ramagopal Rao
Charter
Books and Authors

Book Author Extra Info
“Vishesh: Code To Win” Nirupama Yadav Biography of India Basketball
captain ‘Vishesh Bhriguvanshi’
‘RAW: A History of India’s Covert Yatish Yadav
Operations’
‘Amazing Ayodhya’ Neena Rai
‘Connecting, Communicating, - comprising collection of speeches
Changing’ by Vice President Venkaiah Naidu
released
“Our Only Home: A Climate Appeal Dalai Lama to hit stands in November 2020
to the World”
“Full Spectrum: India”s Wars, Former Vice Marshal Arjun
1972-2020″ Subramaniam
“Who painted my lust red?” Sree Iyer
‘One Arranged Murder’ Chetan Bhagat
‘Cricket Drona’ Paranjape’s son, former India Book on renowned Cricket Coach
player and current national selector Vasoo Paranjape
Jatin along with cricket journalist
Anand Vasu.
 Reliance Power and Japanese energy major JERA are jointly developing a new 745 MW natural gas-fired
thermal power generation project in Meghnaghat in Bangladesh.
 MoD signs tripartite MoU with IIT Kanpur and DARPG to conduct predictive analysis of public grievances
 NHAI inks MoU with IIT Delhi to set up Centre of Excellence for Advance Data Management System for
Highways
 The Bihar State Pollution Control Board has signed a ‘Memorandum of Agreement’ (MoA) with IIT Delhi
to set up geographical information system (GIS) based platform to check air quality management in the
state.
 The Government of Uttar Pradesh has signed a ‘plan of cooperation’ with the Government of Israel for
the management of water resources in Bundelkhand region of the state, which faces potable water
shortage in summers. (‘India –Israel – Bundelkhand Water Project’)
 Ministry of Tourism virtually signs an MoU with Travel Agents Association of India & FICCI Ladies
Organisation to promote tourism as sustainable livelihood model for women’s economic empowerment
 Indian Institute of Technology’s (IITs) Alumni Council has signed an agreement with Russian state-owned
companies, Lomonosov Moscow State University and Russoft, to build the world’s largest and fastest
hybrid quantum computer in India.
 The Union Territory of Dadra and Nagar Haveli (DNH) and Daman and Diu (DD) has launched a mobile
app named E-Gyan Mitra for online education, keeping in view the ongoing phase of Coronavirus
pandemic.
 Delhi Airport Launches Online Portal ‘AIR SUVIDHA’ for India-bound International Passengers
 Centre Launches “Surakhsya”- National Portal on Human-Elephants Conflict
 The “Atmanirbhar Bharat” week was organised by the Ministry of Defence from August 7 to 14, 2020.
As a part of the Atmanirbhar Week celebration, Raksha Mantri Shri Rajnath Singh launched a portal
named as SRIJAN, which will function as a one stop shop online portal, giving opportunities for Make in
India in Defence. The portal will allow DPSUs/OFB/SHQs to display the list of items which they have been
importing or are going to import.
 On the occasion of Independence Day, the Chief Minister of Nagaland, Neiphiu Rio has launched “Yellow
Chain”- a centralized e-commerce platform, to promote local business and entrepreneurship in the
State.
 Ministry of Tribal Affairs has launched the e-portal on tribal health and nutrition named ‘Swasthya’. It is
a first o fits kind e-portal, providing all health and nutrition-related information of the tribal population
of India in a single platform.
 The Union Minister of Micro, Small and Medium Enterprises (MSME), Nitin Gadkari has launched an
online farm-to-fork service platform called VedKrishi.com. The platform will connect farmers to the
consumers.
 Google launches Mobile app ‘Kormo’ in India to help people find entry-level jobs
 Ram Vilas Paswan launches online system of Registration and Renewal for Jewellers and online system
of recognition and renewal of Assaying and Hallmarking (A&H) Centers (MANAKONLINE) -
www.manakonline.in
 Nitin Gadkari launches mobile app ‘Harit Path’ to monitor plantation along national highways
 Indian Air Force launches mobile app ‘My IAF’ to provide career-related information to aspirants
 Ministry of Social Justice launches Mental Health Rehabilitation helpline ‘KIRAN’ to assist people to cope
with mental health issues, particularly during the COVID-19 pandemic.
 CISF launches mobile app ‘Pension Corner’ for its retired personnels’
 On 27 August 2020, the Union Minister of Commerce and Industry Shri Piyush Goyal launched the
National GIS-enabled Land Bank System- a database of industrial areas/clusters across the states- to
help in providing real-time information about the availability of industrial land and resources in the
country.
The National GIS-enabled Land Bank System (https://iis.ncog.gov.in/parks) is being developed by
integrating the Industrial Information System (IIS) with state GIS (Geographic Information System) to
provide deatls about State Land banks.
 The State Government of Uttar Pradesh under Chief Minister Yogi Adityanath has launched an ambitious
‘NRI unified portal’ to provide assistance to overseas Indians and NRIs of the state during any
emergency.
The website can be assessed at nri.up.gov.in
 MobiKwik has launched ‘mpay.me’, a UPI-powered payment link service, that will enable users to send
and receive money from any UPI payment app.
 Kotak Mahindra Bank, has announced the launch of a two-month long campaign called ‘Kona Kona
Umeed’ with huge offers and discounts to lift up hope and optimism among its customers in the midst
of the Coronavirus pandemic .
 Axis Bank, India’s third largest private sector lender has launched an Artificial Intelligence powered
conversational voice BOT called ‘AXAA’.
 The National Payment Corporation of India (NPCI) has launched a loyalty platform named ‘nth Rewards’.
Here nth represents “infinite possibilities”.
 The Reserve Bank of India has approved Rs 57,128 crore as surplus to the Central Government for the
accounting year 2019-20. RBI has decided to maintain the Contingency Risk Buffer at 5.5%.
 RBI keeps repo rate unchanged in Monetary Policy Committee of August 2020
Policy Repo Rate- 4.00%; Reverse Repo Rate- 3.35%; Marginal Standing Facility Rate and Bank Rate-
4.25%
CRR- 3%; SLR- 18%
The committee continues with the accommodative stance.
 Statement on Developmental and Regulatory Policies by RBI in August 2020
The Reserve Bank of India has released the Monetary Policy Statement, 2020-21 after its MPC meet
between August 4 to 6, 2020. After this, the RBI has released the Statement on Developmental and
Regulatory Policies. The major points that are important from exam point of view is mentioned below:
Additional standing liquidity facility (ASLF)- National Housing Bank (NHB) and National Bank for
Agriculture and Rural Development (NABARD) will be provided with an additional standing liquidity
facility (ASLF) of Rs 5,000 crore each.
Advances against Gold Ornaments and Jewellery– Presently, loans sanctioned by banks against pledge of
gold ornaments and jewellery for non-agricultural purposes should not exceed 75 per cent of the value
of gold ornaments and jewellery. In view of COVID-19, RBI has increased the permissible loan to value
ratio (LTV) for loans against pledge of gold ornaments and jewellery for non-agricultural purposes from
75 per cent to 90 per cent. This relaxation shall be available till March 31, 2021.
Positive Pay Mechanism for Cheques– The RBI shall soon launched a mechanism named Positive Pay for
all cheques of value ₹50,000 and above to further augment customer safety in cheque payments and
reduce instances of fraud occurring on account of tampering of cheque leaves. Under this mechanism,
cheques will be processed for payment by the drawee bank based on information passed on by its
customer at the time of issuance of cheque.
 The Reserve Bank of India has announced the introduction of an Online Dispute Resolution (ODR)
system for resolving customer disputes and grievances pertaining to digital payments. RBI has asked the
Payment System Operators (PSOs) – banks and non-banks to implement an ODR system for disputes and
grievances related to failed transactions in their respective payment systems by January 1, 2021.
 The Reserve Bank of India has launched pilot scheme for small value payments in offline mode. The pilot
scheme shall be undertaken till March 31, 2021 only.
Some major points related to this scheme are:
Maximum limit of a payment transaction will be Rs 200. (For a single transaction.)

The total limit for offline transactions on an instrument shall be Rs 2,000, at any point of time. Resetting
of the limit shall be allowed in online mode with AFA.
Payments could be made using cards, wallets or mobile devices or through any other channel. Payments
may be made in remote or proximity mode.
 IndusInd Bank acquires 7.82% stake in Eveready by invoking pledged shares

 HDFC Bank launches “Shaurya KGC Card” for agriculture loans for military and paramilitary professionals
 Punjab National Bank has launched a campaign named ‘DIGITAL APNAYEN’ to encourage customers to
use digital banking channels.
 RBI releases framework for authorisation of pan-India Umbrella Entity for Retail Payments
Presently NPCI is the only Umbrella Entity for Retail Payments in India.
Now Reserve Bank of India has released the ‘framework for authorization of pan-India Umbrella Entity
for Retail Payments’ in India.
This means that RBI has allowed companies/entities to apply to RBI to set-up pan-India umbrella
entity/entities focussing on retail payment systems in India. After receiving approval from RBI, the entity
may start functioning as an Umbrella Entity for Retail Payments in India just like NPCI.
Here are some major points about this framework:
Paid-up capital: The umbrella entity shall have a minimum paid-up capital of Rs 500 crore.
Promoters Share: No single Promoter / Promoter Group shall have more than 40% investment in the
capital of the umbrella entity.
The Promoters / Promoter Groups shall upfront demonstrate the capital contribution of not less than
10% i.e., ₹50 crores at the time of making an application for setting up of the umbrella entity. The
balance capital shall be secured at the time of commencement of business/operations.
The Promoter / Promoter Group shareholding can be diluted to a minimum of 25% after 5 years of the
commencement of the business of the umbrella entity.
The umbrella entity shall commence business/operations within a time of 6 months, extendable to a
maximum of one year, if required, from the date of ‘in-principle approval’.
A minimum net-worth of Rs 300 crore shall be maintained at all times.
The entity shall be a Company incorporated in India under the Companies Act, 2013.
The umbrella entity shall be a Company authorized by Reserve Bank of India (RBI) under Section 4 of the
PSS Act, 2007.
 Fino Payments Bank has launched Jan BachatKhata (JBK), which is an Aadhaar Authentication based
digital savings account that brings neo-banking experience to consumers.
 Women of Tamil Nadu have topped the list of women borrowers under the Pradhan Mantri Mudra
Yojana (PMMY) since its inception.
More than 15 crore loans amounting to ₹4.78-lakh-crore have been disbursed to women borrowers
under the Pradhan Mantri Mudra Yojana (PMMY).
 The private sector lender Axis Bank has launched a new savings account called the ‘Axis Liberty Savings
Account’, with focus on millennial customers.
 National Payments Corporation of India (NPCI) has launched its wholly-owned subsidiary firm named
NPCI International Payments Limited (NIPL).
Ritesh Shukla has been appointed as the Chief Executive Officer (CEO) of NIPL.
 Axis Bank has launched an initiative named ‘Gig-a-Opportunities’. The initiative aims to attract skilled
talent that can work with the bank remotely, from anywhere in the country.
 National Strategy for Financial Education: 2020-2025 released

The second edition of National Strategy for Financial Education (NSFE): 2020-2025 has been released.
The first edition of NSFE was for the period 2013-2018.
NSFE: 2020-2025 has been prepared by National Centre for Financial Education (NCFE) in consultation
with the four Financial Sector Regulators- RBI, SEBI, IRDAI and PFRDA and other relevant stakeholders.
It has been prepared under the aegis of the Technical Group on Financial Inclusion and Financial Literacy
under the Chairmanship of Shri M. K. Jain, Deputy Governor, RBI.
The NSFE document intends to support the Vision of the Government of India and Financial Sector
Regulators by empowering various sections of the population to develop adequate knowledge, skills,
attitude and behaviour which are needed to manage their money better and plan for their future.
The Strategy has recommended a ‘5 C’ approach for dissemination of financial education in the country.
The ‘5 C’ approach of the strategy includes:
Content: emphasis on the development of relevant Content in the curriculum in schools, colleges and
training establishments,
Capacity: developing Capacity among intermediaries involved in providing financial services,
Community, Communication, and Collaboration: leveraging the positive effect of Community-led model
for financial literacy through appropriate Communication strategy, and, enhancing Collaboration among
various stakeholders.
 The National Bank for Agriculture and Rural Development (Nabard) has launched dedicated debt and
credit guarantee product named Structured Finance and Partial Guarantee Programme to NBFC-MFIs to
ensure the unhindered flow of credit in rural areas hit by the COVID-19 pandemic.
It will provide partial guarantee on pooled loans extended to small and mid-sized microfinance
institutions (MFIs).
Nabard has signed a pact with Vivriti Capital and Ujjivan Small Finance Bank for this. It will help facilitate
Rs 2,500 crore funding in the initial phase and is expected to be scaled up. The programme is expected
to cover over 1 million households across 28 states and 650 districts.
 ICICI Bank has become the first ever bank in India to make use of satellite data, imagery from Earth
observation satellites, to assess credit worthiness of farmers.
 India contributes USD 15.46 million to India-UN Development Partnership Fund

 India extends Line of Credit worth 18 million dollars to Maldives for Fisheries Development
 India Extends USD 1 Million Assistance To Antigua and Barbuda To Combat COVID-19
 India announces USD 500 million assistance for major connectivity project in Maldives and USD 250
million as budgetary support
 Asian Development Bank (ADB) has approved a USD 1 billion (about Rs. 7,485 crore) loan for the
construction of the modern, high-speed Delhi-Meerut regional rapid transit system (RRTS) in India.
 India and AIIB sign agreement for $500 million for Mumbai Urban Transport Project-III
 ICICI Lombard General Insurance Company and Bharti AXA General Insurance Company have announced
the merger of their businesses.
After the merger, ICICI Lombard will become the third-largest non-life insurer in India.
The merger would result in an entity with a combined annual premium of Rs 16,447 crore and a market
share of nearly 8.7%.
 SBI General Insurance has launched first-of-its-kind insurance product called ‘Shagun – Gift an
Insurance”, which is a unique gift of Personal Accident policy.
 The 6th edition of the BRICS Environment Ministers’ Meeting was held on 30 July 2020 through a video
conference. The conference was held under the presidency of Russia. Prakash Javadekar represents
India. Now India will take over the BRICS Presidency in 2021.
 Technology giant Apple Inc. has become the world’s most valuable publicly traded company in the world
on 31st July 2020, surpassing the state oil giant Saudi Aramco.
 Reliance Foundation, the philanthropic arm of Reliance Industries Ltd, has entered into partnership with
US Agency for International Development (USAID) to bridge the gender digital divide in India.
The partnership will enable Reliance Foundation to join forces with Women’s Global Development and
Prosperity (W-GDP) Initiative.
 Multi Commodity Exchange of India (MCX) will launch India’s first bullion index named Bulldex, on
August 24, 2020.
 Reliance Retail acquires majority stake in online pharmacy Netmeds for Rs 620 crore
 Apple Becomes First U.S. Company to reach $2 Trillion Market Cap (Overall second after Oil Major Saudi
Aramco)

The Ministry of Finance has announced that the businesses with an annual turnover of up to Rs 40 lakh
are now GST exempt.
Earlier, this limit was Rs 20 lakh.
The Ministry has also informed that those businesses with an annual turnover up to Rs 1.5 crore can opt
for the Composition Scheme and pay only 1 percent tax.
 Reliance buys Kishore Biyani’s Future retail for Rs 24,713 crore
 The National Digital Conference on ‘Easing Doing Business for Atmanirbhar Bharat’ was organised by
Confederation of Indian Industry (CII) in partnership with the Department for Promotion of Investment
and Internal Trade (DPIIT) on 30 July 2020.
The event was inaugurated by the Union Minister of Commerce and Industry, Shri Piyush Goyal, who
was the Chief Guest at the event and delivered the inaugural address.
 The Union Minister for Road Transport and Highways Nitin Gadkari addressed the ‘India@75 Summit:
Mission 2022’ on 8 August in New Delhi, via video-conferencing.
 The 13th Session of the India-UAE Joint Commission Meeting (JCM) on Trade, Economic and Technical
Cooperation was held virtually on 17 August 2020 to further strengthen the bilateral ties between the
two strategic partners.
 Lok Sabha Speaker Om Birla participates in 5th World Conference of Speakers of Parliament held
virtually. The second part of the conference will be held in physical format in 2021 in Vienna, Austria.
 International Conference on ‘Aerosol Air Quality, Climate Change and Impact on Water Resources and
Livelihoods in the Greater Himalayas’ to be held at ARIES, Nainital in September 2020
 Som Parkash addresses 5th virtual BRICS Industry Minister’s Meeting
 The Union Minister of Commerce and Industry Shri Piyush Goyal addressed the ASEAN-India Business
Council virtual meet on 27 August 2020.
 14th India-Singapore Defence Policy Dialogue (DPD) held virtually with focus on maritime security
cooperation
 Piyush Goyal Attends 8th East Asia Summit (Economic Ministers’ Meeting) held virtually. The meeting
was attended by the Economic ministers from the 10 ASEAN (Association of Southeast Asian Nations)
members and eight other nations, including India, the US, China, Japan, South Korea, Russia, Australia
and New Zealand.
The East Asia Summit 2020 was chaired by Vietnam’s Industry and Trade Minister Tran Tuan Anh.
 Indian Armed Forces contingent heads to Russia for Russian Kavkaz 2020 Exercise. round 18 countries
are supposed to take part in KavKaz 2020
 Defence Minister Rajnath Singh has approved the proposal for a major expansion of the National Cadet
Corps (NCC) to cover 173 border and coastal districts, to meet the aspirations of youth in all the border
and coastal districts.
 Indian Coast Guard Launches Offshore Patrol Vessel ICGS ‘Sarthak’, built by Goa Shipyard Limited
 DRDO Successfully Test Fires First Pinaka Rockets Produced by Economic Explosives Ltd (EEL)
 India withdraws from multilateral military exercise, Kavkaz 2020, to be held in Russia. Kavkaz 2020
would be held in Astrakhan province of Southern Russia where member countries of Shanghai
Cooperation Organisation (SCO) and Central Asian countries would be participating.
 NASA Launches Mars 2020 Perseverance Rover Mission to seek signs of ancient life. The rover will land
on the Red Planet on February 18, 2021.
 UAE becomes first Arab country to produce nuclear energy. Unit 1 of the Barakah Nuclear Plant in Abu
Dhabi, got operational on 31 July 2020.
 India-UK collaborates for new 8 million pounds joint medicinal research
 Russia announces world’s first Covid-19 vaccine named “Sputnik V”
 Israel & United States successfully tests an advanced missile defense system Arrow 2
 US President Donald Trump tweeted a joint statement between the US, UAE and Israel that states that
the United Arab Emirates (UAE) and Israel have agreed to establish full diplomatic relations as part of a
new peace deal.
“Israeli Prime Minister Benjamin Netanyahu and Abu Dhabi Crown Prince Mohamed bin Zayed Al
Nahyan have agreed to the full normalisation of relations. “
UAE is the third Arab country to open relations with Israel, after Egypt and Jordan.
 China has successfully launched a new optical remote-sensing satellite named “Gaofen-9 05” from its
Jiuquan Satellite Launch Centre.
 WHO certifies African region as wild polio-free; Now Disease occurs only in Pakistan & Afghanistan
 New Zealand’s Exchange (NZX) which operates New Zealand capital, risk and commodity markets (stock
market) was under cyber attack for four days.
It was a “distributed denial of service” (DDoS) attacks.
 The World Bank has stopped the publication of its “Doing Business” report to probe data collection
irregularities in the annual ranking of countries’ business and investment climates. The last Doing
Business report was published in October 2019 in which India was ranked 63rd while New Zealand was
on top.
 Andhra Pradesh is going to become the first state in India, to have three capitals. Now as per the new
law, Andhra Pradesh will have the Legislative Capital in Amaravati, Executive Capital in Visakhapatnam
and, Judicial capital in Kurnool.
The offices of the Chief Minister and Governor will be Visakhapatnam
The state assembly proceedings will take place in Amaravati
The high court will be located in Kurnool
 The Union Minister for Road Transport, Highways and MSMEs Shri Nitin Gadkari virtually inaugurated
the two completed lanes of the 4-lane Mahatma Gandhi bridge in Bihar on 31 July 2020, which is being
renovated.
Mahatma Gandhi bridge is a 5,750 metres long four lane bridge, lying at NH-19 between Patna and
Hajipur. It is the third-longest river bridge in India.
 MoD releases draft Defence Production and Export Promotion Policy 2020
Key goals and objectives of DPEPP 2020
To achieve a turnover of Rs 1,75,000 Crores (USD 25 Billion) including export of Rs 35,000 Crore (USD 5
Billion) in Aerospace and Defence goods and services by 2025.
To develop a dynamic, robust and competitive Defence industry, including Aerospace and Naval
Shipbuilding industry to cater to the needs of Armed forces with quality products.
To reduce dependence on imports and take forward “Make in India” initiatives through domestic design
and development.
To promote export of defence products and become part of the global defence value chains.
To create an environment that encourages R&D, rewards innovation, creates Indian IP ownership and
promotes a robust and self-reliant defence industry.
 Tourism Minister Prahlad Singh Patel virtually inaugurates world class “Thenzawl Golf Resort” project
implemented in Mizoram under the Swadesh Darshan Scheme
 India’s First Mobile COVID-19 testing lab, developed by IISC, launched in Bengaluru
 India’s first ‘Kisan Rail’, to transport perishable commodities begins service. The train will run on weekly
basis, between Deolali in Maharashtra to Danapur in Bihar, covering a distance of 1,519 kilometres in 32
hours.
 Two coastal villages of Odisha declared as Tsunami Ready by UNESCO. Odisha has become the first state
in the country to have Tsunami Ready villages.
The two coastal villages are Venkatraipur (Boxipalli) village of Rangeilunda block in Ganjam district and
Noliasahi village of Ersama block in Jagatsinghpur district.
 Maharashtra partners with Google to deploy learning tools for online education. Under the tie-up,
students and teachers will get access to Google Classroom and G Suite for Education to provide
solutions to support remote learning.
Maharashtra is the first state in the country to introduce such a project.
 The Defence Minister Rajnath Singh has announced that the Department of Military Affairs (DMA),
Ministry of Defence (MoD) has prepared a list of 101 defence items for which there would be restriction
on the import, beyond the timeline indicated against them.
 The Khadi and Village Industries Commission (KVIC) is going to launch the first-of-its kind training-cum-
production centre of silk in the state of Arunachal Pradesh.
 Prime Minister Narendra Modi launched and dedicated to the nation, the first ever submarine
(undersea) Optical Fibre Cable (OFC) connectivity between Chennai and Andaman and Nicobar Islands
(CANI project) on 10 August 2020 through video conferencing.
The foundation stone for this 2300 Kms submarine cable project was laid by the PM on 30 December
2018 at Port Blair.
The OFC will deliver 2x 200 Gbps between Chennai and Port Blair along with 2×100 Gbps between Port
Blair and other islands. The service has already begun from Chennai to Port Blair, Port Blair to Little
Andaman and Port Blair to Swaraj Island.
 The Union Minister of Agriculture & Farmers’ Welfare, Shri Narendra Singh Tomar virtually launched a
data recovery centre ‘Krishi Megh’ (National Agricultural Research & Education System -Cloud
Infrastructure and Services) of the government’s premier research body Indian Council of Agricultural
Research (ICAR).
 Mumbai has become the first city in India to have women symbols on traffic signals and signage, as a
symbolic gesture towards gender equality in public spaces.
 PM Modi launches “Transparent Taxation – Honoring the Honest” platform to benefit honest taxpayers
Prime Minister Shri Narendra Modi launched the platform for “Transparent Taxation – Honoring the
Honest” via video conferencing on 13 August 2020.
The Central Board of Direct Taxes (CBDT) has put in place this system to empower the taxpayer, provide
a transparent system & honour honest taxpayers.
The ‘Transparent Taxation — Honoring the Honest’ platform aims to carry forward the journey of direct
tax reforms by easing compliance and expediting refunds, to make the tax system “people-centric and
public friendly”.
The 3 big feature of this platform is faceless assessment, faceless appeal, and taxpayers charter (to
empower assessees by outlining their rights and duties, in a statute under the income tax law, to get
time-bound services). The platform will use technology such as data analytics and AI.
With the introduction of taxpayers charter, India joins countries like US, Australia and Canada to have
such provisions in their law.
Faceless appeal will be applicable from September 25, while faceless assessment and taxpayer charter
will come into force from August 13.
 Goa’s traditional festive sweet dish ‘Khaje’, spicy Harmal Chilli and Myndoli Banana (Moira Banana) has
obtained Geographical Indication (GI) tag from the Geographical Indications Registry.
 State-of-art Katra-Delhi Express Road Corridor to be functional by 2023
 The National Pharmaceutical Pricing Authority (NPPA) has set up a Price Monitoring and Resource Unit
(PMRU) in the state of Karnataka.
With this, Karnataka has become the 13th state to have a PMRU unit.
 India Celebrates 74th Independence Day on 15 August 2020. The Prime Minister of India, Shri Narendra
Modi unfurled theNational Flag at Red Fort and addressed the nation.
This was his seventh consecutive Independence Day speech as the Prime Minister of India, making him
the longest serving non-Congress PM to achieve this feat.
 Kiren Rijiju launches initiative of Fit India Youth Clubs to promote fitness among every citizen
 PM Modi in his speech of Independence Day 2020, made the announcement that the project to connect
all the villages of India with optical fibre network will be completed in the next 1,000 days.
Under this project, more than six lakh villages will be connected with optical fibre network in the coming
1,000 days in India.
 The Union Minister of Petroleum & Natural Gas and Steel Minister Dharmendra Pradhan has informed
that Odisha will become the epicenter of India’s overall steel industry, to accelerate the development of
the domestic steel sector of the country.
 ISRO and IISc Researchers develops sustainable process for making ‘Space Bricks’ on Moon
 National Thermal Power Corporation Ltd. (NTPC) has developed an infrastructure at Rihand Super
Thermal Power station in Uttar Pradesh to transport fly ash from a remote location to a consumption
centre at a cheaper cost.
 Union Minister Nitin Gadkari lays Foundation Stone for 13 highway projects in Manipur worth over Rs
3,000 crore
 The North East Frontier Railway zone of the Indian Railways’ are constructing the world’s tallest pier
bridge in the North-Eastern state of Manipur. It would help to provide railway connectivity from
Manipur to the rest of the country.
The bridge is a part of Jiribam-Tupul-Imphal new BG line project (111 Km).
It is being constructed across river Ijai near Noney in Manipur.
The height of the bridge will be of 141 meter while the total length of the bridge will be 703 meter.
 The proposed Gwalior-Chambal Expressway will be named Shri Atal Bihari Vajpayee Chambal
Progressway.
 Important Cabinet Approvals: 19 August 2020

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi met on 19 August 2020 and
approved the following proposals:
Leasing out three airports namely Jaipur, Guwahati and Thiruvananthapuram, of Airports Authority of
India (AAI) through Public Private Partnership to M/s Adani Enterprises Ltd, for a period of fifty years.
Setting up of National Recruitment Agency to conduct Common Eligibility Test
Fair and Remunerative Price of sugarcane payable by sugar mills for the sugar season 2020-21, at
Rs.285/- per quintal for a basic recovery rate of 10%
One-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for
extending loans to Distribution Companies (DISCOMs) above limits of working capital cap of 25% of last
year’s revenues under Ujwal DISCOM Assurance Yojana (UDAY) to provide liquidity to the Power Sector
and ensure payments by State Governments to DISCOMs.
 Government to set up National Recruitment Agency to hold common exam for various government and
bank jobs
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal to set up a
National Recruitment Agency (NRA).
NRA will be the nodal agency to conduct the Common Eligibility Test (CET) for jobs in the government
and state-owned banks.
The NRA will hold online exams every year for non-gazetted government posts and each district will
have at least one exam centre.
The score in these exams would be valid for three years and the candidate would have the option of
taking the exam again to improve the score.
The best of the three scores would be used during the selection process.
Presently, candidates for government jobs appear for multiple examinations and pay repetitive fees. The
NRA will remove this process by conducting common test for multiple government jobs.
 Santosh Gangwar launches Logo of Labour Bureau
Shri Santosh Kumar Gangwar, Minister of State (I/C) for Labour and Employment launched the official
logo of Labour Bureau on 20 August 2020.
Key Features of the Logo
The newly launched logo represents the three goals of Labour Bureau to produce quality data which are
Accuracy, Validity and Reliability, thus signifying that Labour Bureau is a data based organization dealing
in data related to workers and work.
Blue wheel: It is a cog wheel representing work. Blue colour signifies that we deal with blue collar
workers.
Graph: It is not going upwards alone as in real world data has ups & downs because it captures ground
reality.
Tricolored Graph: The graph matches with the colors of the National flag, along with wheat ears,
signifying the fruit of rural agricultural labour.
 India’s longest River Ropeway inaugurated over Brahmaputra River connecting Guwahati and North
Guwahati.
The ropeway is 2 km long and the distance shall be covered in seven minutes.
Though the capacity is of 32 passengers in each carriage, only 15 passengers will be allowed as for now
in view of the coronavirus pandemic.
It has been built at an estimated cost of Rs 56 crore and has as many as 58 CCTV cameras installed for
round-the-clock monitoring of the ropeway service.
 Validity of Motor Vehicle documents extended till December 31, 2020
 Nitin Gadkari inaugurates 45 Highway projects worth around Rs 11,427 cr in Madhya Pradesh
 Andhra University Researchers find rare fish ‘Mahseer’ in Sileru river
 Indian Satellite ‘AstroSat’ Detects UV Light From Galaxy 9 Billion Light Years Away
 The ARMY 2020 International Military and Technical Forum has been organised in Moscow, Russia from
August 23 to 29, 2020.
 India and Uzbekistan holds first-ever virtual National Coordination Committee meeting to monitor
implementation of mutually agreed projects
 The Ahmedabad Railway Division of the Indian Railways has introduced a unique and first of its kind
concept of ‘Baggage Sanitization and Wrapping Machine’ at Ahmedabad Railway Station in Gujarat to
ensure safe travel amid the pandemic.
 Ministry of Culture announces 7 new circles of Archaeological Survey of India, bringing total ASI circles
across the country to 36
 The Chief Minister of Kerala, Shri Pinarayi Vijayan inaugurated the first ever marine ambulance named
‘PRATHEEKSHA’ on 27 August 2020 via videoconferencing.
Pratheeksha is first in the series of 3 fully equipped marine ambulance boat built by Cochin Shipyard
Limited (CSL), for the Department of Fisheries, Govt. of Kerala.
The other two other boats namely ‘Prathyasha’ and ‘Karunya’ were also launched on the same day.
 NITI Aayog virtually launched the India Component of the Nationally Determined Contributions (NDC)–
Transport Initiative for Asia (TIA) on 27 August 2020.
The NDC–TIA is a joint programme supported by the International Climate Initiative (IKI) of the German
Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) to promote a
comprehensive approach to decarbonize transport in India, Vietnam, and China.
 Assam Government to set up Skill University worth Rs 900 Crore at Darrang district
 IT Minister Ravi Shankar launches Next Generation Start-up Challenge Contest “Chunauti” to boost
Startups. Total Outlay: Rs 95 crore
Duration of the programme: Three years
 ‘One Nation, One Ration Card’ scheme extended to 4 more states, taking total states to 24. The
remaining States/UTs are targeted to be integrated into national portability by March 2021. Now the
beneficiaries will be eligible to receive foodgrains anywhere in these States/UTs through national
portability of their ration cards.
 Andhra Pradesh CM YS Jagan Mohan Reddy launches Cybercrime Awareness program ‘e-
Rakshabandhan’. It is a one month-long innovative virtual cybercrime awareness programme
 Madhya Pradesh launches ‘Ek Mask-Anek Zindagi’ public awareness campaign
 Prime Minister Shri Narendra Modi launched a new Central Sector Scheme of financing facility under the
Agriculture Infrastructure Fund worth Rs 1 lakh crore, during an event conducted through video
conference on 9 August 2020.
To begin with, PM Modi made the first sanction of over Rs. 1000 Crore to over 2,280 farmer societies
under the new facility.
The Agriculture Infrastructure Fund was approved by the cabinet on 8 July 2020.
Read more about the Agriculture Infrastructure Fund
PM also released the 6th installment under the PM-KISAN scheme of Rs. 17,000 Crore to nearly 8.5
Crore farmers directly to their Aadhaar verified bank accounts. With this transfer, the scheme has
provided over 90,000 Crore to more than 10 Crore farmers since the launch of PM_KISAN on 01
December 2018.
 The Chhattisgarh Chief Minister Bhupesh Baghel launched ”Indira Van Mitan Yojana” on 9 August 2020,
on the occasion of the World Tribal Day, to bring prosperity to forest dwellers (especially tribal) by
opening up self-employment opportunities.
 The Gujarat government under Chief Minister Vijay Rupani has announced a new scheme called Mukhya
Mantri Kisan Sahay Yojana, which will replace the Central governments’s Pradhan Mantri Fasal Bima
Yojana (PMFBY) for this fiscal year (2020-21) only.
 West Bengal launches Karma Sathi Prakalpa Scheme to provide soft loans, subsidies to unemployed
youth. Budget- Rs 500 crore
 The Assam government has announced a new scheme named “Orunodoi” (the rising sun), whose main
objective is to financially empower women.
Under this scheme Rs 830 per month would be provided each to one female member in around 17 lakh
poor families. State government has earmarked a sum of Rs 280 crore for the new scheme.
 While addressing the nation on 15 August 2020, Prime Minister Narendra Modi announced the launch of
a new campaign called National Digital Health Mission, under which all Indians will be given health IDs.
This Health ID will work as each Indian’s health account.
 PM Modi Announces One Sun, One World, One Grid (OSOWOG) initiative
PM Modi in his speech of Independence Day 2020, announced the “One Sun, One World, One Grid”
(OSOWOG) plan. Under this, there will be a trans-national electricity grid, for supplying solar power
across the globe.
Prime Minister Narendra Modi first announced this idea of OSOWOG in 2018 during the first assembly
of the International Solar Alliance (ISA).
As per the draft plan prepared by the Ministry of New and Renewable Energy (MNRE), the OSOWOG will
connect 140 countries through a common grid that will be used to transfer solar power.
“The vision behind the OSOWOG mantra is “the Sun never sets” and is a constant at some geographical
location, globally, at any given point of time.”
 The Ministry of AYUSH launched a campaign on “Ayush for Immunity”. It is a three-month campaign and
aims to promote Ayush solutions in the entire world for a healthier and happier life.
The theme of the event is: accessible and affordable health for all, through Ayush solutions
 Govt modifies partial credit guarantee scheme 2.0, extends it by three months
Partial Credit Guarantee Scheme (PCGS) 2.0 was launched by Central Government on May 20, 2020.
Purpose of Partial Credit Guarantee Scheme (PCGS) 2.0:to provide Portfolio Guarantee for purchase of
Bonds or Commercial Papers (CPs) with a rating of AA and below issued by NBFCs/HFCs/ MFIs by Public
Sector Banks (PSBs).
The Government has now modified PCGS 2.0 for purchase of Bonds/CPs as under:
Additional 3 months have been granted to build up the portfolio. Till 19.11.2020.
At the portfolio level, AA and AA- investment sub-portfolio under the Scheme should not exceed 50%
(instead of 25% stipulated earlier) of the total portfolio of Bonds/ CPs purchased by PSBs under the
Scheme.
This has been done due to the fact that the stipulated limit for AA/AA- rated Bonds/CPs has been nearly
reached while the appetite for lower-rated Bonds/CPs is nearing saturation considering their lower
ticket size.
 The Union Tribal Affairs Minister Shri Arjun Munda virtually launched the “Trifood Project” of TRIFED,
Ministry of Tribal Affairs on 20 August 2020 which aims to enhance the income of tribals through better
utilization and value addition to the Minor Forest Produce (MFP) collected by the tribal forest gatherers.
To begin with, two tertiary processing centres of “Trifood Project” have been launched. One of the
centre has been launched in Raigad, Maharashtra and the other in Jagdalpur, Chhattisgarh.
 Chhatarpur Police of Madhya Pradesh launches ‘Ek Sankalp – Bujurgo ke naam’ campaign to take care of
the elderly and helpless people, from the food to their health, in the midst of deadly corona infection.
 Union Government’s flagship programme, Jal Jeevan Mission (JJM) being implmeneted in partnership
with States aims at providing Functional Household Tap Connection (FHTC) to every rural household of
the country by 2024.
 Indian Grandmaster Pentala Harikrishna lost to Poland”s Radoslaw Wojtaszek to settle for silver in the
2020 Biel International Chess Festival held in Switzerland.
 Veteran Domestic All-rounder Rajat Bhatia Announces Retirement From All Forms Of Cricket
 Lewis Hamilton (Mercedes-Great Britain) has won the Formula One British Grand Prix 2020
 World Cup Winning German Soccer Player Benedikt Howedes Retires at 32
 Former Real Madrid & Spain goalkeeper Casillas announces retirement at 39

 India To Host 2021 ICC Men’s T20 World Cup, Australia to Host 2022 Edition, Women’s CWC Postponed
 Max Verstappen wins 70th Anniversary Grand Prix 2020
 Cricketer M.S. Dhoni announces retirement from all forms of international cricket
 Cricketer Suresh Raina announces retirement
 Lewis Hamilton wins F1 Spanish Grand Prix 2020
 Kevin de Bruyne named Premier League Player of the Season 2019-20 (Belgian footballer)
 Dream11 wins IPL 2020 title sponsorship rights for Rs 222 crore
 England’s World Cup-winning off-spinner Laura Marsh retires from all forms of cricket
 5 Sportsperson to be awarded Khel Ratna 2020
Five sportspersons will be awarded the Rajiv Gandhi Khel Ratna Award 2020 this year. These are:
Rohit Sharma– Cricketer (4th cricketer after Sachin Tendulkar, MS Dhoni, and Virat Kohli to win this)
Vinesh Phogat– Wrestler
Manika Batra– Table Tennis player
Mariyappan Thangavelu– Para Athlete
Rani Rampal– Hockey Player
They will receive the award on National Sports Day on August 29. This is for the first time that 5 players
have been selected for this award.
Apart from this 27 sportsperson have been selected for the ARJUNA AWARD 2020.
 Ronnie O’Sullivan beat Kyren Wilson to win his sixth World Snooker Championship
 South Africa’s Jacques Kallis, Australia’s Lisa Sthalekar and Zaheer Abbas of Pakistan inducted into ICC
Cricket Hall of Fame
 Australian all-rounder Cameron White has announced his retirement from all forms of professional
cricket.
 German Golfer Sophia Popov wins Women’s British Open 2020
 Bayern Munich beat Paris Saint-Germain to win UEFA Champions League 2019-20
 James Anderson from England has become the first-ever fast bowler to take 600 wickets in a Test Match
Cricket.
Overall he is the 4th bowler to take 600 test wickets after 3 spinners Muttiah Muralitharan, Shane
Warne, and Anil Kumble.
 Seven-time National Table Tennis Champion Poulomi Ghatak announces retirement, to focus on
coaching
 Legendary Bryan brothers duo (Bob Bryan and Mike Bryan) announces retirement from professional
tennis
 Government enhances prize money of Khel Ratna, Arjuna, Dronacharya and Dhyanchand Awards- at the
end of PDF
 Sri Lankan Test Cricketer Tharanga Paranavitana announces retirement from international cricket
 Japan’s Olympic badminton gold medalist Ayaka Takahashi announces retirement
 Lewis Hamilton wins F1 Belgian Grand Prix 2020
 India, Russia announced joint winners of FIDE Online Olympiad 2020 (Chess)
 Arsenal beat Liverpool on penalties to win 2020 FA Community Shield (Football)
Important Days in August 2020
Date Day Theme/Extra Info

01 August World Lung Cancer Day
01-07 August World Breastfeeding Week 2020 The theme of World Breastfeeding
Week 2020 is “Support
breastfeeding for a healthier
planet”
03 August World Sanskrit Day 2020 -
06 August Hiroshima Day (Anti Nuclear Day/
Nagasaki Day)
09 August International Day of the World’s The theme for 2020 is “COVID-19
Indigenous Peoples and indigenous peoples’
resilience.”
10 August World Biofuel Day The theme for 2020 World Biofuel
Day is ‘Biofuels Towards
Atmanirbhar Bharat’
10 August World Lion Day
12 August World Elephant Day
12 August International Youth Day 2020 Theme: Youth Engagement
for Global Action
13 August International Lefthanders Day
13 August World Organ Donation Day
19 August World Humanitarian Day The theme for 2020 WHD is
#RealLifeHeroes.
19 August World Photography Day
20 August World Mosquito Day
20 August Akshay Urja Diwas (Renewable
Energy Day)
20 August Sadbhavana Diwas to commemorate the birth
anniversary of late erstwhile Prime
Minister, Rajiv Gandhi.
21 August World Senior Citizen Day
21 August International Day of Remembrance
and Tribute to the Victims of
Terrorism
22 August International Day Commemorating
the Victims of Acts of Violence
Based on Religion or Belief
23 August International Day for the
Remembrance of the Slave Trade
and its Abolition
24-28 August World Water Week 2020 The theme for World Water Week
2020 at Home is ‘Water and
Climate change: Accelerating
Action’.
29 August International Day against Nuclear
Tests
29 August National Sports Day
30 August International Day of the Victims of
Enforced Disappearances
5 Sportsperson awarded Khel Ratna 2020- Rohit Sharma, Vinesh

Phogat, Manika Batra, Mariyappan Thangavelu and Rani Rampal
 Five sportspersons have been awarded the Rajiv Gandhi Khel Ratna Award
2020 this year. These are:
 Rohit Sharma– Cricketer (4th cricketer after Sachin Tendulkar, MS Dhoni,
and Virat Kohli to win this)
 Vinesh Phogat– Wrestler
 Manika Batra– Table Tennis player
 Mariyappan Thangavelu– Para Athlete
 Rani Rampal– Hockey Player
 This is for the first time that 5 players have been selected for this award.
 Apart from this 27 sportsperson have been selected for the ARJUNA AWARD
2020. The list of various other winners under various category of National Sports
Awards 2020 are:
ARJUNA AWARD- to recognize outstanding achievements in sports.
S. No. Name of the Sportsperson (Shri) Discipline

1. Shri Atanu Das Archery
2. Ms. Dutee Chand Athletics
3. Shri Satwik Sairaj Rankireddy Badminton
4. Shri Chirag Chandrasekhar Shetty Badminton
5. Shri Vishesh Bhriguvanshi Basketball
6. Subedar Manish Kaushik Boxing
7. Ms. Lovlina Borgohain Boxing
8. Shri Ishant Sharma Cricket
9. Ms. Deepti Sharma Cricket
10. Shri Sawant Ajay Anant Equestrian
11. Shri Sandesh Jhingan Football
12. Ms. Aditi Ashok Golf
13. Shri Akashdeep Singh Hockey
14. Ms. Deepika Hockey
15. Shri Deepak Kabaddi
16. Shri Kale Sarika Sudhakar Kho Kho
17. Shri Dattu Baban Bhokanal Rowing
18. Ms. Manu Bhaker Shooting
19. Shri Saurabh Chaudhary Shooting
20. Ms. Madhurika Suhas Patkar Table Tennis
21. Shri Divij Sharan Tennis
22. Shri Shiva Keshavan Winter Sports
23. Ms. Divya Kakran Wrestling
24. Shri Rahul Aware Wrestling
25. Shri Suyash Narayan Jadhav Para Swimming

26. Shri Sandeep Para Athletics
27. Shri Manish Narwal Para Shooting
DRONACHARYA AWARD (Life- Time Category)- for Sports coaching honor in India
S. No. Name of the Coach Discipline

1. Shri Dharmendra Tiwary Archery
2. Shri Purushotham Rai Athletics
3. Shri Shiv Singh Boxing
4. Shri Romesh Pathania Hockey
5. Shri Krishan Kumar Hooda Kabaddi
6. Shri Vijay Bhalchandra Munishwar Para Powerlifting
7. Shri Naresh Kumar Tennis
8. Shri Om Parkash Dahiya Wrestling
DRONACHARYA AWARD (Regular Category)
S. No. Name of the Coach Discipline

1. Shri Jude Felix Sebastian Hockey
2. Shri Yogesh Malviya Mallakhamb
3. Shri Jaspal Rana Shooting
4. Shri Kuldeep Kumar Handoo Wushu
5. Shri Gaurav Khanna Para Badminton
DHYAN CHAND AWARD- Lifetime Achievement sporting honour in India
S. No. Name of the Sportsperson Discipline

1. Shri Kuldip Singh Bhullar Athletics
2. Ms. Jincy Philips Athletics
3. Shri Pradeep Shrikrishna Gandhe Badminton
4. Ms. Trupti Murgunde Badminton
5. Ms. N. Usha Boxing
6. Shri Lakha Singh Boxing
7. Shri Sukhvinder Singh Sandhu Football
8. Shri Ajit Singh Hockey
9. Shri Manpreet Singh Kabaddi
10. Shri J. Ranjith Kumar Para Athletics
11. Shri Satyaprakash Tiwari Para Badminton
12. Shri Manjeet Singh Rowing
13. Late Shri Sachin Nag Swimming
14. Shri Nandan P Bal Tennis
15. Shri Netarpal Hooda Wrestling
Government enhances prize money of Khel Ratna, Arjuna, Dronacharya

and Dhyanchand Awards
 On the occasion of the National Sports Day on 29 August 2020, the Ministry of
Sports has announced a hike in the award money for four of the seven
categories of the National Sports and Adventure Awards.
 Sports Minister Kiren Rijiju offically announced the new massive hike in the prize
money.
Award Old Prize Money Enhanced Prize Money

Rajiv Gandhi Khel Ratna Award Rs 7.5 lakh Rs 25 lakh
Arjuna Award Rs 5 lakh Rs 15 lakh
Dhronacharya (Lifetime) Rs 5 lakh Rs 15 lakh
Dhronacharya (Regular) Rs 5 lakh Rs 10 lakh
Dhyanchand Award Rs 5 lakh Rs 10 lakh
 The prize money for the Sports Awards was last reviewed in 2008.
Current Static GK in News – August 2020

Headquarters
International
 National Aeronautics and Space Administration (NASA) – Washington DC, USA [August
03, 2020]
 United Nations Educational, Scientific and Cultural Organisation (UNESCO)- Paris,
France [August 09, 2020]
 Barclays- London, UK [August 17, 2020]
 Asian Development Bank (ADB)- Mandaluyong, Metro Manila, Philippines [August 20,
2020]
 Asian Infrastructure Investment Bank (AIIB)- Beijing, China [August 25, 2020]
 World Health Organization (WHO)- Geneva, Switzerland [August 27, 2020]
 ASEAN (Association of Southeast Asian Nations)- Jakarta, Indonesia (10 members)
[August 31, 2020]
National
 International Financial Services Centres Authority (IFSCA)- Gandhinagar, Gujarat
[August 04, 2020]
 Securities and Exchange Board of India (SEBI)- Mumbai [August 07, 2020]
 Defence Research and Development Organisation (DRDO)- New Delhi [August 26,
2020]
Banks
 Kotak Mahindra Bank- Mumbai; Prakash Apte (Chairman), Uday Kotak (MD & CEO),
Tagline- Let’s make money simple [August 04, 2020]
 HDFC Bank- Mumbai; CEO- Aditya Puri; Tagline- We understand your world [August
05, 2020]
 Axis Bank- Mumbai; CEO- Amitabh Chaudhry; Tagline- Badhti Ka Naam Zindagi
[August 06, 2020]
 Reserve Bank of India- Mumbai; Governor- Shaktikanta Das [August 07, 2020]
 IndusInd Bank- Pune; CEO- Sumant Kathpalia; Tagline- We Make You Feel Richer
[August 10, 2020]
 Punjab National Bank- New Delhi; MD-CEO- CH. S. S. Mallikarjuna Rao [August 16,
2020]
 Central Bank of India- Mumbai; MD-CEO- Pallav Mahapatra [August 18, 2020]
 Fino Payments Bank- Mumbai; MD-CEO- Rishi Gupta [August 19, 2020]
 State Bank of India- Mumbai; Chairman- Rajnish Kumar [August 24, 2020]
 NABARD- Mumbai; Chairman- Govinda Rajulu Chintala [August 25, 2020]
 ICICI Bank- Mumbai; MD-CEO- Sandeep Bakhshi [August 26, 2020]
Country – Capital, Currency
 Ivory Coast/Côte d’Ivoire- Yamoussoukro, West African CFA Franc [August 01, 2020]
 United Arab Emirates (UAE)- Abu Dhabi, United Arab Emirates Dirham [August 03,
2020]
 Guyana- Georgetown, Guyanese Dollar [August 05, 2020]
 Maldives- Male, Maldivian Rufiyaa [August 07, 2020]
 Russia- Moscow, Russian ruble [August 10, 2020 and August 12, 2020]
 Sri Lanka- Colombo; Sri Lankan rupee [August 10, 2020]
 Belarus- Minsk, Belarusian Ruble [August 12, 2020]
 Peru- Lima, Sol [August 12, 2020]
 Mauritania- Nouakchott, Mauritanian ouguiya [August 12, 2020]
 Lebanon- Beirut, Lebanese Pound [August 12, 2020]
 Antigua And Barbuda- St. John’s, Eastern Caribbean Dollar [August 15, 2020]
 Israel- Jerusalem, Israeli New Shekel [August 15, 2020]
 Mali- Bamako; West African CFA Franc [August 20, 2020]
 Dominican Republic- Santo Domingo, Dominican Peso [August 21, 2020]
 Trinidad And Tobago- Port Of Spain, Trinidad And Tobago Dollar [August 22, 2020]
 Equatorial Guinea- Malabo, Central African CFA Franc [August 22, 2020]
 China- Beijing, Renminbi [August 24, 2020]
 Uzbekistan- Tashkent, Uzbek Som [August 26, 2020]
 Japan- Tokyo, Yen [August 29, 2020]
 New Zealand- Wellington, New Zealand Dollar [August 31, 2020]
Schemes
 ‘One Nation, One Ration Card’ scheme- now in 24 states [August 01, 2020]
 Cybercrime Awareness program ‘e-Rakshabandhan’- Andhra Pradesh [August 04,

2020]
 ‘Ek Mask-Anek Zindagi’ public awareness campaign- Madhya Pradesh [August 04,
2020]
 Indira Van Mitan scheme- Chhattisgarh [August 11, 2020]
 Mukhya Mantri Kisan Sahay Yojana- Gujarat [August 13, 2020]
 Karma Sathi Prakalpa Scheme- West Bengal [August 15, 2020]
 Orunodoi Scheme- Assam [August 15, 2020]
 ‘Ek Sankalp – Bujurgo ke naam’ campaign- Madhya Pradesh (Chhatarpur Police)
[August 23, 2020]
Books & Author
 “Vishesh: Code To Win”- author Nirupama Yadav (Biography of India’s youngest

Basketball captain ‘Vishesh Bhriguvanshi’) [August 05, 2020]
 “RAW: A History of India’s Covert Operations”- Yatish Yadav- [August 07, 2020]
 ‘Amazing Ayodhya’- Neena Rai [August 09, 2020]
 “Our Only Home: A Climate Appeal to the World”- Dalai Lama [August 14, 2020]
 “Full Spectrum: India”s Wars, 1972-2020″ – Arjun Subramaniam (Former Vice Marshal)
[August 19, 2020]
 “Who painted my lust red?”- Sree Iyer [August 23, 2020]
 “One Arranged Murder”- Chetan Bhagat [August 25, 2020]
 “The Discomfort of Evening”- Dutch author Marieke Lucas Rijneveld [August 28, 2020]
 ”Cricket Drona”- co-authored by Paranjape’s son, former India player and current
national selector Jatin along with cricket journalist Anand Vasu. (based on the life of one
of India’s most respected cricket coaches, Vasoo Paranjape) [August 28, 2020]
Miscellaneous
 BRICS countries (Brazil, Russia, India, China & South Africa) [August 01, 2020]
 Barakah Nuclear Plant- Abu Dhabi, UAE [August 03, 2020]
Read Our Study Materials and Quiz
 Banking Awareness
 Banking Awareness Quiz
 Daily Current Affairs
 Current Affairs Quiz
 Static GK
 Static GK Quiz
 Government Schemes
 Quiz on Government Schemes
 Insurance Awareness
 Computer Awareness
 Computer Quiz

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Current Affairs PDF August 2020

Current Affairs PDF August 2020

GDP Growth Rate Prediction for India

Agency 2020-21 (FY21) 2021-22 (FY22) 2022-23 (FY23)

Appointments and Resignations

Awards and Recognitions

Rahat Indori Urdu Poet

Committee and its Head

Books and Authors

Maximum limit of a payment transaction will be Rs 200. (For a single transaction.)

 IndusInd Bank acquires 7.82% stake in Eveready by invoking pledged shares

 National Strategy for Financial Education: 2020-2025 released

 India contributes USD 15.46 million to India-UN Development Partnership Fund

 Important Cabinet Approvals: 19 August 2020

 Former Real Madrid & Spain goalkeeper Casillas announces retirement at 39

Important Days in August 2020

Date Day Theme/Extra Info

5 Sportsperson awarded Khel Ratna 2020- Rohit Sharma, Vinesh

ARJUNA AWARD- to recognize outstanding achievements in sports.

S. No. Name of the Sportsperson (Shri) Discipline

25. Shri Suyash Narayan Jadhav Para Swimming

S. No. Name of the Coach Discipline

DRONACHARYA AWARD (Regular Category)

S. No. Name of the Coach Discipline

DHYAN CHAND AWARD- Lifetime Achievement sporting honour in India

S. No. Name of the Sportsperson Discipline

Government enhances prize money of Khel Ratna, Arjuna, Dronacharya

Award Old Prize Money Enhanced Prize Money

Current Static GK in News – August 2020

Country – Capital, Currency

 Cybercrime Awareness program ‘e-Rakshabandhan’- Andhra Pradesh [August 04,

Books & Author

 “Vishesh: Code To Win”- author Nirupama Yadav (Biography of India’s youngest

Read Our Study Materials and Quiz

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