Current Affairs

19 August, 2020

International

UAE-Israel agreed for peace agreement namely “Abraham Accord”

Prime Minister Benjamin Netanyahu of Israel, and Sheikh Mohammed Bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates have agreed for the Israel–United Arab Emirates peace agreement, or the Abraham Accord to establish full diplomatic ties. In this regard, Israeli will halt further annexation of Palestinian lands.
ii.This announcement was made by the United States (US) President Donald John Trump, who acted as mediator of this agreement.

National

Dr Harsh Vardhan addressed CII Public Health Conference; India Healthcare Week (Aug 17-21, 2020) launched

Dr Harsh Vardhan, Union Minister of Health & Family Welfare; Science & Technology and Earth Sciences virtually addressed the inaugural session of the two-day long CII Public Health Conference, where he inaugurated “India Healthcare Week” with the theme “Redefining Healthcare Ecosystem” from 17th – 21st August 2020.
ii.The week has been initiated by Confederation of Indian Industry (CII) in partnership with Ministry of Health and Family Welfare (MoHFW) and the Ministry of Ayush (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy).

India ranked 1st in number of organic farmers and 9th in terms of area under organic farming: MoA&FW

.In accordance with the Ministry of Agriculture and Farmers Welfare (MoA&FW), India ranked first in number of organic farmers and 9th in terms of area under organic farming. Notably, Sikkim was the first state in the world to become completely organic and other states including Tripura and Uttarakhand have set targets to be on the same line.
ii.In 2015, two dedicated programs namely Mission Organic Value Chain Development for North East Region (MOVCD) and Paramparagat Krishi Vikas Yojana (PKVY) were launched to encourage chemical free farming.
About Ministry of Agriculture and Farmers Welfare (MoA&FW):
Union Minister– Narendra Singh Tomar
Minister of State (MoS) for Agriculture & Farmers Welfare– Parshottambhai Rupala
MoS for Agriculture, Cooperation & Farmers Welfare– Kailash Choudhary

India, UAE hold 13th Session of the India-UAE Joint Commission Meeting on Trade, Economic and Technical Cooperation

13th Session of the India-UAE Joint Commission Meeting on Trade, Economic and Technical Cooperation was held virtually.
ii.Expanding economic partnership was the key agenda of the meeting.
About UAE:
Capital – Abu Dhabi
President – Khalifa Bin Zayel Al Nahyan
Prime Minister – Mohammed Bin Rashid Al Maktoum
Currency – UAE Dirham (AED)

President gives Nod for Renaming of HRD Ministry to Ministry of Education

In exercise of the powers conferred by clause (3) of article 77 of the Constitution, President Ram Nath Kovind amended the Government of India (Allocation of Business) Rules, 1961 by Government of India (Allocation of Business) Three Hundred and Fifty Sixth Amendment Rules, 2020, thereby, changing the name of the Ministry of Human Resource Development (MHRD) as Ministry of Education.

Manduadih Railway Station in Uttar Pradesh to be renamed as ‘Banaras’: MHA

Ministry of Home Affairs (MHA) approved the renaming of Manduadih Railway Station in Uttar Pradesh (UP) as ‘Banaras’. In 2019, Former Union Minister Manoj Sinha had written to UP Chief Minister Yogi Adityanath requesting the change in name of the Manduadih Railway Station.
Manduadih is a place in Varanasi situated about four kilometres from Varanasi Cantonment Station.

Centre extended Partial Credit Guarantee Scheme (PCGS) 2.0 by 3 months till Nov 11, 2020

the Partial Credit Guarantee Scheme (PCGS) 2.0 which was launched on May 20, 2020 as a part of Atmanirbhar Bharat Abhiyan has been extended by three months i.e. till November 11, 2020 in order to widen the coverage to include a larger number of non-banking financial companies (NBFCs), housing finance companies (HFCs) and microfinance institutions (MFIs)

Economy

Flipkart signs MoU with IIT Patna for Industry Focused Research

Flipkart signed a memorandum of understanding(MoU) with Indian Institute of Technology (IIT) Patna to support the industry focused applied research in the fields like Artificial Intelligence(AI), Natural Language Processing(NLP) and Machine Learning(ML).
ii.The MoU aims to create industry focused applied research to support the reach of e-commerce to more consumers and sellers.

Muthoot Finance Partnered with Kotak Mahindra General Insurance to Offer COVID-19 Insurance Cover Against Gold Loan

Muthoot Finance has partnered with Kotak Mahindra General Insurance to offer COVID-19 insurance cover of up to Rs 1 lakh under the initiative Muthoot Finance Ayush Gold Loan. The cover will be available only for the customers who avail gold loan from Muthoot Finance under the Muthoot Super Loan(MSL) scheme.

Sports

England Cricketer Laura Marsh announces retirement

England Spinner Laura Alexandra Marsh announced her retirement from all forms of Cricket. In December 2019, she announced retirement from International Cricket, and now has retired from Domestic Career as well.
i.Laura Marsh was part of the England women’s cricket team which won the Women’s 50-Over Cricket World Cup(ODI’s) in (2009 & 2017) & Twenty20 World Cup in 2009.
ii.Laura Marsh has scalped 23 wickets at 23.13 from her three 50-over World Cups, finishing as leading wicket-taker during England’s triumphant 2009 campaign and featuring in five games when England regained the trophy on home soil at Lord’s in 2017
iii.The 33-year old Off Spinner has represented England in 9 tests, 103 ODIs & 67 T20Is.
iv.She has played for Sussex, Kent in the Domestic Circuit and represented Sydney Sixers in Australian Big Bash League.

Cricketer Rohit Sharma Appointed Oakley’s Brand Ambassador in India

Indian Limited-overs Team Vice-Captain Rohit Sharma has been appointed as Brand Ambassador of Sports eyewear brand, Oakley for a period of two years in India
i.With this partnership, Rohit Sharma will sport Oakley Sports eyewear on and off the pitch.
ii.He has joined the likes of Virat Kohli, Yuvraj Singh and model Milind Soman who have endorsed the brand in the past
iii.Ben Goss, Oakley global brand director announced the appointment of Rohit Sharma as Brand Ambassador through a press statement.

Miscellaneous

DBS Bank India Ltd Appointed Prashant Joshi as MD and Head of National Distribution

DBS Bank India Ltd has appointed Prashant Joshi as Managing Director(MD) and Head of National Distribution. He will report to Surojit Shome, Managing Director and CEO of DBS Bank India Limited.
About Prashant Joshi
i.Prashant Joshi prior to joining DBS Bank India Ltd served as a Chief Operating Officer in IndoStar Capital Finance and was responsible for setting up the SME(Small and Medium Enterprises) and affordable housing finance business.
ii.In addition to this, he also managed the Operations & Technology platforms for all businesses.
iii.Earlier to IndoStar Capital Finance, he worked with Deutsche Bank for eight years and was responsible for creating a successful retail banking franchise
iv.He started his career with ICICI Limited and Rabo India Finance (a Rabobank subsidiary)
About DBS Bank India Limited:
Headquarters– Mumbai, Maharashtra
MD and CEO– Surojit Shome

Rakesh Asthana IPS, appointed as the Director General of the Border Security Force

the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi approved the appointment of Rakesh Asthana, Gujarat cadre IPS officer of 1984 batch as the Director General (DG) of the Border Security Force (BSF), along with the Director General of Narcotics Control Bureau (NCB) till 31st July 2021– the date of his superannuation.his superannuation date.
About Border Security Force(BSF):
Director General– Rakesh Asthana
Headquarters– New Delhi

Satya Pal Malik Appointed as Governor of Meghalaya; Maharashtra Governor Bhagat Singh Koshyari given Additional Charge of Goa

Ram Nath Kovind, President of India appointed Satya Pal Malik, Goa Governor as the Governor of Meghalaya.
ii.Meanwhile, Maharashtra Governor Bhagat Singh Koshyari was given the additional charge as Governor of Goa.

Akshay Kumar Ranked 6th, the only Indian Actor in the List, Dwayne Johnson tops: Forbes’ list of ‘The Highest-Paid Actors 2020’

As per the Forbes’ list of highest paid actors for the year 2020, Bollywood Actor Akshay Kumar ranked 6th with his estimated earnings of USD 48.5 million and is the only Indian features on the list comprising top 10 actors. The list is topped by Wrestler-turned-actor Dwayne Johnson for the consecutive second time, with an estimated net worth of USD 87.5 million followed by Ryan Reynolds(USD 71.5 million) and Mark Wahlberg(USD 58 million).

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