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Weekly One Liners Updates
8-14th August 2020
Dear readers,
Weekly One Liners Updates is a collection of important news and events that occurred in the second week (8-14th) of
August 2020
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Banking & Financial Awareness
1
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Note:
➢ The Agreement was signed through exchange between Saroj Khuntia, General Manager of EXIM Bank and Adriano
Isaias Ubisse, National Directorate of Treasury, Ministry of Economy and Finance, Mozambique
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44 million
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Life Insurance Corporation of India(LIC) has acquired 4
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Note:
➢ With this acquisition, the hold of LIC in YES Bank has increased from 0
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98%(125 crore
shares)
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3
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Note:
➢ In addition to this, IFC has also committed an additional USD 10 million for direct co-investments
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4
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Note:
➢ Through this partnership, SBM Bank India will be the licensed banking partner for InstaReM and gain access to
United States, Canada, Australia, Europe, Singapore, Malaysia and Hong Kong
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5
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Note:
➢ This platform enables users to earn ‘nth’ (denoting infinite possibilities) points through various bank transactions
and redeem them instantly on various products, such as e-vouchers, donations, hotel and flight bookings
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6
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Note:
➢ The Bombay Stock Exchange (BSE) will conduct various activities such as seminars and awareness programmes on
price-risk management for bullion traders and jewellers
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7
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Note:
➢ It is an effort to digitise and empower a large number of Small and Medium Enterprises (SMEs)
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gradeup
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8
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Note:
➢ After SIB completes the relevant formalities and receives final approval from the regulators the subsidiary will
commence its operations
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”
9
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Note:
➢ In a major reform the Central Board of Direct Taxes (CBDT) has carried out several major tax reforms in direct
taxes in recent years
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Dividend distribution tax was also abolished
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The Reserve Bank of India (RBI) has announced to introduce a mechanism of ‘Positive Pay’ feature for all cheques of value
________ Rs 50,000 and above
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The limit of Rs 50,000 will cover approximately 20 per cent of
transactions by volume and 80 per cent by value
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11
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Note:
➢ A new bus division will be formed at VECV to house both Eicher and Volvo bus businesses
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➢ The bus manufacturing plant of Volvo at Hoskote in Karnataka and its 500 employees would be transferred to
VECV
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For which banks with assets of Rs 2,000 crore or above as on March 31, 2020 the Reserve Bank of India has mandated to
implement system-based asset classification from 30 June 2021 _______ Urban Co-operative banks
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➢ UCBs having total assets of over Rs 1,000 crore but less than Rs 2,000 crore as on March 31, 2020 and having selfassessed themselves as being under Level III or Level IV on the Comprehensive Cyber Security Framework will be
required to implement system-based asset classification from September 30, 2021
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The National Agricultural Higher Education Project (NAHEP) was funded by Government of India and which bank _______
World Bank (WB)
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➢ The overall objective to provide more relevant and high-quality education to the agricultural university students
that are in tune with the New Education Policy – 2020
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Renowned personality Sadia Dehlvi passed away recently, she was a veteran __________ Writer and Activist
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➢ Dehlvi, writing focuses on women, minorities, Islamic spirituality, and Delhi’s heritage and culture
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Renowned personality Mukund Lath passed away recently, he was a veteran _________ Culture Historian
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gradeup
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4
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6
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8
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➢ He was awarded India’s fourth highest civilian honour, the Padma Shri, in 2010 for his contributions to the field of
arts and cultural history
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Note:
➢ He was was first elected to the Lok Sabha from Siddipet in 1979
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➢ Nandi Yellaiah commenced his political career as a corporator of Hyderabad Municipal Corporation
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Note:
➢ He played for Mohun Bagan and was part of the Hindustan FC team that won the Delhi Soccer Association league
title in 2010
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Renowned personality PK Muthusamy passed away recently, he was a veteran ________ Songwriter
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He had penned memorable Tamil film lyrics like
‘Mannukku Maram Baaramaa ?’ – which means ‘are the trees a burden on the earth?’
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Noted personality Rahat Indori passed away recently, he was a veteran _______ Urdu Poet
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➢ He was also a bollywood lyricist and known for the lyrics of songs like “M Bole to” from Munnabhai MBBS (2003),
and “Neend Churai Mei” from Ishq (1997)
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Note:
➢ He played cricket at the club level and also was an active member of the Shivaji Park Gymkhana in Dadar, central
Mumbai
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Chunnakara Ramankutty passed away recently he was a famous poet and film and drama lyricist of which language
_________ Malayalam
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➢ Starting from 1978 he wrote lyrics for Malayalam films, till a few years back
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United Nations observes the International Day of the World’s Indigenous Peoples every year on _______ 09th August
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➢ The theme of International Day of the World’s Indigenous Peoples 2020 is “COVID-19 and indigenous peoples’
resilience”
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The World Biofuel Day is observed globally every year _______10th August
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➢ The day also highlights the various actions taken by the Government in the Biofuel sector
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Which Days is being celebrated very year on 12th August ________ International Youth Day
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➢ The Day aims to promote the ways to engage the youth and make them more actively involved in their communities
through positive contributions
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What is the theme of the International Youth Day (IYD) 2020 __________ Youth Engagement for Global Action
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➢ The Day aims to promote the ways to engage the youth and make them more actively involved in their communities
through positive contributions
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The ‘World Elephant Day’ is observed every year across the world on __________ 12th August
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➢ On 12 August, 2012, the first international Elephant Day was celebrated
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6
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Note:
➢ This day is celebrated to raise awareness about the importance of organ donation and motivate people to donate
organs after death
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The World Lizard Day is observed every year on which date ________ 14th August
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➢ World Lizard Day has not yet been taken up for serious conservation work by international agencies or
organizations like the IUCN or WWF, and is focused on creating awareness of the reptiles, apparently mostly as
pets
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Who has been appointed as the Chairman of the Union Public Service Commission (UPSC) _______ Pradeep Kumar Joshi
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➢ He succeeds Arvind Saxena who retires as the UPSC chairman on 6th August 2020
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Who has been appointed as the chairman of the 3-member committee set up by the government of India for determination
of ceiling rates under Remission of Duties and Taxes on Exported Products (RoDTEP) scheme ______ GK Pillai
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3
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Note:
➢ Prasad will take over from, Neeraj Vyas the current interim managing director and chief executive officer of the
company, will step down from the position on August 10
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4
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Note:
➢ The 74-year-old Sri Lanka People’s Party (SLPP) leader has been appointed as the PM of Sri Lanka
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5
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Note:
➢ President of Belarus, Alexander Lukashenko has won his sixth consecutive term with 80
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➢ A former English teacher Svetlana Tikhanouskaya, who emerged as Lukashenko’s main rival at the elections gets
9
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6
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Note:
➢ Dr
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➢ He was Chairman of National Bank for Agriculture and Rural Development (NABARD) from December 2013 till May
2020
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Walter Roger Martos Ruiz becomes new Prime Minister of which country _______ Peru
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➢ Ruiz will succeed Pedro Álvaro Cateriano Bellido
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8
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Note:
➢ The appointment was made by the Mauritanian President Mohamed Ould Ghazouani
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9
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Note:
➢ He is currently the vice-chair of the board of governors at ICRIER
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➢ Isher had been in this position for 15 years
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10
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Note:
➢ Sameer Gehlaut, the co-founder and Chairman of Indiabulls Housing Finance Ltd ( IBHFL) has stepped down as the
Executive Chairman of the company, and taken up the role of Non-Executive, Non-Independent Director of IBHFL
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11
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Note:
➢ She will be taking charge when the present Chairman Anil Chaudhary
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Prior to this, she was Director
(Commercial), NALCO, Bhubaneswar which was history in making as was NALCO’s first-ever female director
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The Ministry of Education organized the “Conclave on Transformational Reforms in Higher Education under National
Education Policy(NEP)” in association with _______ University Grants Commission(UGC)
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➢ Ramesh Pokhriyal ‘Nishank’, Union Minister of Education, Sanjay Dhotre, Minister of State for Communications
along with Chairman and Members, Committee for Draft NEP participated in the virtual event
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NHAI signs MoU with which IIT to set up Center of Excellence for Advance Data Management System for Highways
__________ IIT Delhi
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gradeup
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3
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Note:
➢ Under this collaboration, Simplilearn will host more than 1,000 hours of free learning in digital skills and
technologies for learners across India under the categories of AI and Machine Learning, Big Data, Data Science &
Business Intelligence, Cyber Security, Software Development, Project management, and Digital marketing
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A new Platform, “Technical Platform on the Measurement and Reduction of Food Loss and Waste” to support the global
reduction of food loss and waste has been launched by ______FAO
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5
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Note:
➢ The agreement was signed during a ceremony which was presided Health Minister Harsh Vardhan
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6
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P
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Note:
➢ The event was inaugurated by Ramesh Pokhriyal ‘Nishank’, Union Minister for Education
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7
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Note:
➢ This would be the first Silk Training cum Production Center in the state
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➢ KVIC has transformed the dilapidated school building into the training cum production center for Eri Silk, and has
also selected the first batch of 25 local artisans of Chullyu village to begin the training with
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Which website portal has been launched the Union Minister of Textiles and Women & Child Development, Smt Smriti
Zubin Irani, for the individual weavers and organization ________ My Handloom
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9
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Note:
➢ It will make passengers’ journey more convenient and comfortable in a contactless way as they won’t have to fill
the physical copies of the forms on arrival
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10
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Note:
➢ The main idea behind this is to emphasize the importance of domestic defence production in the country
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gradeup
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11
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Note:
➢ He will also launch portal on Human Elephant Conflict on the eve of World Elephant Day, 2020
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12
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Note:
➢ Mumbai’s Dadar has become the first city in India to have women symbols on traffic signals and signage
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13
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Note:
➢ A total of 121 Police personnel have been awarded the “Union Home Minister’s Medal for Excellence in
Investigation” for the year 2020
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14
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Note:
➢ The summit was focused on ‘reinventing technology in India’
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15
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0) in collaboration with _________ Dell Technologies
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➢ The young innovators who are part of SEP 2
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16
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Note:
➢ The Bicholim based All-Goa Khaje Producers Association (AGKPA) applied for the GI tag of Khaje through the
department of science and technology in 2019
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17
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Note:
➢ Krishi Megh is the data recovery centre of ICAR (Indian Council of Agricultural Research)
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18
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Note:
➢ The nine museums are being developed in Gujarat(Rajpipla), Jharkhand(Ranchi), Andhra Pradesh(Lambasingi),
Chhattisgarh(Raipur), Kerala (Kozhikode), Madhya Pradesh (Chhindwara), Telangana (Hyderabad), Manipur
(Senapati) and Mizoram (Kelsi)
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Which is an IVR based mobile online learning course launched by Union Jal Shakti Ministry _______ Swacch Bharat
Mission Academy
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gradeup
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➢ Swachh Bharat Mission Academy, with its mobile based technology will significantly boost the capacity building
efforts in training of Swachhagrahis as well as community-based organizations, NGOs and others associated with
phase 2 of the mission
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Which became the first state in India to collaborate with Google India for state-wide distribution of G suite for Education
and Google Classroom ________Maharshtra
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➢ The aim of the partnership is to progress Maharashtra in education with effective use of online resources, platforms
and technology and to bridge the gap in education amid COVID-19 pandemic
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India’s homegrown e-commerce marketplace, Flipkart has signed an MoU with One District, One Product (ODOP) scheme
of which state government ________ Uttar Pradesh
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➢ This will provide artisans, weavers and craftsmen under the ODOP scheme a momentum to expand their business
online as they face social and economic challenges
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The Ministry of Railways has inaugurated a dedicated museum for railways in which state _________ Hubballi, Karnataka
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➢ The main objective of the museum is to preserve and portray the glorious heritage of various branches of Railways
and displays the gradual evolution of advanced systems in all spheres of Railway
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US Based IT Firm “Boston Group” has signed an MoU with which state government to set up an IT company ________
Andhra Pradesh
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➢ The employees of this centre would be deployed in the R&D on Learning platforms and leverage advanced
technologies such as Artificial Intelligence (AI), Machine Learning (ML), Cyber Security and Human Resources
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Which state government has launched Mukhya Mantri Kisan Sahay Yojana ________Gujarat
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➢ Farmers would not have to pay any premium or registration process for the scheme
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Which state government has signed an MoU with National Skill Development Corporation (NSDC) for setting up a WorldClass Skill Development Institute to provide Advanced Skills Training under “Skill India Mission _______ Goa
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➢ The institute will provide Advanced Skills training in highly specialized areas across sectors like healthcare,
tourism and hospitality and other emerging business domains to meet industry demands
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Which state government has started “Orunodoi Scheme” for women’s empowerment _________ Assam
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Important News – World
1
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Note:
➢ The Russian vaccine will be called "Sputnik V" in homage to the world's first satellite launched by the Soviet Union
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2
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Note:
➢ In the United States, Democratic Presidential nominee Joe Biden has named Indian-origin senator Kamala Harris as
his Vice-Presidential running mate
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➢ Kamala Harris is currently the US Senator from California
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3
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Note:
➢ The “W-GDP Women Connect Challenge” has been launched to bridge the gender divide as well as the digital divide
in India
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4
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Note:
➢ An air connectivity “bubble” for travel, a direct ferry service, a submarine cable for telecom connectivity; and
assistance for the Greater Male Connectivity project (GMCP) to connect Male to three neighbouring islands
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5
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Note:
➢ NASA astronauts Robert Behnken and Douglas Hurley are aboard the SpaceX Crew Dragon Endeavour spacecraft as
it is lifted onto the SpaceX GO Navigator recovery ship shortly after landing in the Gulf of Mexico off the coast of
Pensacola, Florida, Sunday, Aug
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6
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Note:
➢ The Missile test was conducted in the test site in Central Israel over the Mediterranean Sea
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Honor & Awards
1
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Note:
➢ With this recognition, Odisha became the first state in the India and India became the 1st Country in the Indian
Ocean region to achieve the honour from the Intergovernmental Oceanographic Commission (IOC) of UNESCO
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The researchers from which institutions has won the Gandhian Young Technological Innovation (GYTI) Awards 2020 for
developing a mechanism for generating electricity from wet clothes left under sunlight to dry _______ IIT Kharagpur
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gradeup
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➢ The same award was presented separately to another team of the IIT Kharagpur for addressing the problem of
energy conservation and thermal management in wearable and flexible electronic devices
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Who has won the Asian College of Journalism’s award 2019 for investigative journalism _______ Nitin Sethi
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➢ Sethi won in the investigative journalism category for his six-part series titled "Paisa Politics" published by The
Huffington Post India
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Who has won the Asian College of Journalism’s award 2019 the K P Narayana Kumar Memorial Award for social impact
journalism _______ Shiv Sahay Singh
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5
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Note:
➢ Akshay is placed at sixth place in the list
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➢ The list takes into account the earnings between June 1, 2019, and June 1, 2020
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5 million
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Sports News
1
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Note:
➢ Ananthapadmanabhan played 105 First-Class and 54 List A games for Kerala, taking 344 and 87 wickets
respectively
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2
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Note:
➢ The Tokyo Olympics was rescheduled to next year due to the COVID-19 pandemic
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➢ As part of the partnership the Group will also support team's promotions through its entertainment company -INOX Leisure Limited, which owns a chain of multiplexes in the country
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“Fit India Freedom Run” would be organised by the Ministry of Youth Affairs and Sports from ________ 15th August to
02nd October 2020
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➢ This would be the largest country-wide run, targeted to encourage fitness among the masses while following the
COVID-19 protocols
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Who has won the 70th Anniversary Grand Prix ________ Max Verstappen
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Which country will host the ICC Men’s T20 World cup 2021 _______ India
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➢ Cricket’s governing body has also decided to postpone the ICC Women’s Cricket World Cup 2021 in New Zealand till
February – March 2022 because of the impact the Covid-19 pandemic has had on cricket globally
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gradeup
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The book titled ‘Connecting, Communicating, Changing’ has been released by Union Minister for Information and
Broadcasting, Prakash Javadekar that chronicles years of office of who among the following _________ M Venkaiah Naidu
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The first copy of the book
has been provided to the Vice President only
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2
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Note:
➢ The Dalai Lama in the book calls on political decision-makers to fight against deadlock and ignorance on the issue
of climate change and to stand up for a different, more climate-friendly world and for the younger generation to
assert their right to regain its future
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Science and Defence
1
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Note:
➢ The Indian contingent includes 150 Army personnel and a smaller number of personnel from the Navy and Air
Force
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2
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Note:
➢ It was jointly developed by Dr
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Sir John B
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Alexei A
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➢ Meta-grid is a specifically patterned array of nanoparticles acting as metamaterials and it is capable of exhibiting
extraordinary optical properties
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Serum Institute of India (SII) Private Limited has entered into a partnership with International Vaccine Alliance, Gavi and
which foundation to Accelerate the manufacture and delivery of COVID-19 vaccines for India _______ Bill and Melinda
Gates Foundation
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➢ The vaccines will be made available to the 92 countries included in Gavi’s COVAX AMC
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➢ The Bill & Melinda Gates Foundation, through its strategic investment fund, will provide at-risk funding of USD 150
million to GAVI
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The Ministry of Defence has announced to ban import of how many weapon systems and platforms from abroad to boost
“Atmanirbhar Bharat _________101
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➢ It is estimated that contracts worth almost Rs 4 Lakh crore will be placed upon the domestic industry within the
next six to seven years
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gradeup
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Which IIT has developed indigenous seed balls named ‘BEEG’ in collaboration with Agnys Waste Management Private
Limited that will help to safeguard people and farmers in plantations during the COVID-19 times ______ IIT Kanpur
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The initiative is guided by
Prof
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Ramkumar
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6
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Note:
➢ With this, Skyroot Aerospace has become the first Indian private firm to exhibit the potential to build a homegrown
rocket engine
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7
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Note:
➢ The indigenous device harnesses the germicidal effects of ultraviolet (UV-C) radiations to inactivate viruses and
bacteria
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8
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Note:
➢ The twin aspects of innovation and indigenisation would be brought together by the Naval Technology Acceleration
Council (N-TAC), which will also offer apex level directives
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9
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Note:
➢ Goa Shipyard Limited (GSL) has designed and developed the Offshore Patrol Vessel ‘Sarthak’ which is the 4th in the
series of five OPVs
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10
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Rao Tatavarti
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Rao Tatavarti, Director of Gayatri Vidya Parishad-Scientific and Industrial
Research Centre & GVP College of Engineering, Visakhapatnam along with the support of Department of Science
and Technology’s Clean Air Research Initiative
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Which company plans to set up robotics lab at Indian Institute of Science for 5G research _______ Nokia
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➢ The centre supports and aligns with the government's initiatives of Start-up India
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In which state/UT the Hindustan Aeronautics Limited deployed two Light Combat Helicopters (LCH) for operations ______
Ladakh
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➢ The other features of LCH include its ability to operate in the complete Area of Responsibility (AOR) and altitudes
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gradeup

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