Notesale: Turn your study into money

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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
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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 ha

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