Current Affairs

                                                            Current Affairs

AUGUST- 20

• The establishment of “National Recruitment Agency” has received the Union Cabinet’s approval. (NRA) will result in transformational reform in the recruitment process for central government jobs.

• Luis Rodolfo Abinader Corona has been sworn in as the 54th President of Dominican Republic. He succeeds Danilo Medina of Liberation Party.

• Lakshmi Vilas Bank (LVB) has launched LVB DigiGo, a digital initiative to enable the opening of savings account instantly.

• ‘Loan against Securities’ is an unique digital solution launched by the YES Bank. It will enable customers to avail loan facility against the securities that they hold.

• The Asian Development Bank (ADB) has approved a USD 1 billion (Rs 7,485 crore) loan to construct the modern, high-speed 82-kilometre (Delhi – Meerut) Uttar Pradesh Regional Rapid Transit System (RRTS) in India.

• Muthoot Finance has tie-up with Kotak Mahindra General Insurance to offer COVID-19 insurance cover of up to Rs 1 lakh against the gold loan.

• Reliance Retail Ventures Limited (RRVL), wholly-owned subsidiary of Reliance Industries Limited has acquired majority equity stake in Chennai-based Vitalic Health Pvt. Ltd. as well as in its subsidiaries. 

• 5th World Conference of Speakers of Parliament (5WCSP) was held virtually. The Inter-Parliamentary Union (IPU), Geneva, and the Parliament of Austria jointly organized the two day Conference with the support of the United Nations (UN).

• Defence Institute of Advanced Technology, DIAT (DU) has launched two products namely “Pavitrapati” & “Aushada tara” to fight against COVID-19.

• Every year on 20th August, the birth anniversary of Rajiv Gandhi is celebrated as Sadbhavana Diwas or Harmony Day.

• Indian Akshay Urja Day or Renewable Energy Day is observed on 20th August every year.

• Former British tennis player, two-time Grand Slam doubles champion and equal rights pioneer Angela Buxton has passed away.