State Bank of , Punjab National Bank, Bank of Baroda, Canara Bank, Union Bank of India, and Bank of India have been shortlisted for this. ➢ As per the RBI Act 1934, the MPC is required to meet at least four times in a year.

▪ For the financial year 2020-21, the committee was scheduled to meet five times-- June 3-5, August 4-6, September 29-30 to October 1, December 2-4 and February 3-5 2021.

▪ However, the June meeting was advanced to May 20-22 in view of the COVID-19 pandemic.

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CODE: AD60 Question. Which of the following has launched ‘mpay.me’, a UPI-powered payment link service, that will enable users to send and receive money from any UPI payment app. a) PhonePe b) Google Pay c) Amazon Pay d) Mobikwik e) Paytm

▪ Through mpay.me, users and merchants can set up their own mini personal payment link using their mobile number. ▪ This will simplify the payment process in case where a sender and a receiver are on different UPI apps. Question. Andhra Pradesh Biswa Bhusan Harichandan approved two Bills to have three capitals. Which of the following will act as the executive capital a) Vijayawada b) Amaravati c) Vishakhapatnam d) Rajahmundry e) Kurnool

➢ Approved the Capital Region Development Authority Repeal Bill 2020 and the Andhra Pradesh Decentralisation and Inclusive Development of all Regions Bill 2020

1. Amaravati will remain as the legislative capital 2. Vishakhapatnam will remain as the executive capital 3. Kurnool will remain as the judicial capital. State in News

➢ Gairsain in Chamoli district was declared as the summer capital of Uttarakhand.

▪ It is expected that the declaration of a summer capital in the region will expedite development of the hilly areas. Dehradun is the existing temporary capital of Uttarakhand.

▪ State: Summer, Winter ▪ MH: Mumbai, Nagpur ▪ HP: Shimla, Dharmshala ▪ J&K: Srinagar, Jammu ▪ Ladakh: Leh, Kargil ▪ Andhra Pradesh: Amravati, Visakhapatnam, and Kurnool. Question. has inaugurated the upstream carriageway of Mahatma Gandhi bridge over river Ganga in Bihar through video conference. What is the length of this bridge ? a) 500 meters b) 2500 meters c) 4300 meters d) 5500 meters e) 7100 meters

▪ It is being constructed at a cost of 1,742 crore rupees.

Name Distance

Dhola Sadiya bridge 9.15 Km Assam and Arunachal Lohit River, Pradesh Dibang River Bridge 6.2 Km Arunachal Pradesh Dibang River

Mahatma Gandhi Setu 5.75 Km South Patna to Hajipur Ganga, Patna Question. has launched the Green-Ag Project to reduce emissions from agriculture and ensure sustainable agricultural practices. Which of the state is not included under it ? a) Bihar b) Rajasthan c) Uttarakhand d) Odisha e) Madhya Pradesh

➢ The project is being implemented in the states of Mizoram, Rajasthan, Madhya Pradesh, Odisha and Uttarakhand. Question. Health and Family Welfare Minister Dr Harsh Vardhan has launched 'Vidyarthi Vigyan Manthan, 2020-21. This initiative is a national programme for popularizing science among school students of Class ____ a) 5th to 10th b) 5th to 12th c) 4th to 8th d) 6th to 11th e) 6th to 12th

▪ This is a platform to identify the talent in the field of science and to promote the scientific acumen among the students. Banking News

▪ 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 .

▪ Under this Kona Kona Umeed campaign, the bank will provide a range of offers and deals on its products including loans, savings accounts, current accounts, corporate salary accounts as well as Kotak debit cards, credit cards and digital payments. Banking News

➢ Paisabazaar.com launches Paisabazaar Stack for digital lending solutions

▪ The digitisation stack will include KYC verification, income & employer validation, repayment and agreement set-up.

▪ Through integrations with banks and NBFCs, it will enable its consumers to access credit products through contactless processes. Banks and NBFCs will provide unsecured loans within 3 to 5 hours as against 3 to 7 days disbursal time earlier

▪ Naveen Kukreja, CEO & Co-founder, Paisabazaar.com Banking News

▪ SIDBI in association with TransUnion CIBIL Limited (formerly Credit Information Bureau (India) Limited) has launched a comprehensive financial education and one-stop knowledge platform for micro, small and medium enterprises MSMESaksham

▪ It will guide MSMEs seeking quick access to finance and will also support them in managing their credit obligations.

▪ Portal is focused on two key pillars of financial knowledge and access to credit. Question. Who among the given has been appointed as the new Private Secretary (PS) to Prime Minister ? a) Rajeev Topno b) P Praveen Siddharth c) P Amudha d) Hardik Satishchandra Shah e) Rajesh Bhushan

▪ Rajeev Topno has been appointed as senior advisor to the World Bank Executive Director in June, 2020 and is expected to assume his new assignment after 15 August, 2020. Question. Which of the following insurance firm appointed S N Rajeswari as its Chairman-cum- Managing Director? a) Oriental Insurance b) United India Insurance c) Star Health and Allied Insurance d) New India Assurance e) Acko General Insurance

▪ Replaced: AV Girija Kumar

▪ She is currently General Manager of New India Assurance Company Limited. National News

➢ MSME Minister Shri Nitin Gadkari Approves a New Scheme to Make India Aatmanirbhar in Agarbatti Production

▪ The program named as “Khadi Agarbatti Aatmanirbhar Mission” aims at creating employment for unemployed and migrant workers in different parts of the country while increasing domestic Agarbatti production substantially.

▪ The current consumption of agarbatti in the country is approximately 1,490 MT per day but local production is just 760 MT ▪ Khadi and Village Industries Commission Chairman: Vinai Kumar Saxena National News

➢ Ministry of Micro Small and Medium Enterprises approved a programme under “Gramodyog Vikas Yojana” for the benefit of artisans involved in manufacturing of Agarbatti and to develop village industry.

➢ As a part of programme, a total of 200 Automatic Agarbatti making machines and 40 Mixing machines will be provided to the artisans. National News

➢ Dalmia Bharat Group, a leader in India's core manufacturing space since 1939, has won an award for Environment Sustainability at 18th FICCI CSR award ceremony, organized by FICCI.

▪ Shri Anurag Thakur, Minister of State for Finance & Corporate Affairs, Government of India

▪ Mr. Vishal Bhardwaj, Group Head, CSR, Dalmia Bharat Group and CEO Dalmia Bharat Foundation National News

➢ Housing Minister Hardeep Singh Puri releases Affordable Rental Housing Complexes Knowledge Pack

➢ The Affordable Housing Complex scheme will be implemented through two models in the country 1. Under the first model existing Government funded vacant houses will be converted into ARHCs through Public Private Partnership or by public agencies for a period of 25 years 2. Under the second model ARHCs will be constructed, operated and maintained by Public or Private Entities on their own available vacant land for a period of 25 years Important Cabinet Approvals

➢ Affordable Rental Housing Complexes for urban migrants / poor as a sub-scheme under Pradhan MantriAwasYojana National News

➢ Shri. Sanjay Dhotre, Union Minister of State for HRD, Electronics, Communication, and IT, Govt Of India, inaugurated “Bharat Air Fibre Services” at Akola in Maharashtra.

▪ With inauguration of Bharat Air Fibre services, residents of Akola & Washim district will get Wireless Internet Connections on demand.

▪ BSNL Chairman and Managing Director, P K Purwar. National News

➢ Experts from India and Israel have collaborated to develop rapid testing for COVID-19 in under 30 seconds by merging the technological expertise of Israel with Indian development and production capabilities.

▪ They have started to conduct trials at a special testing site at Dr Ram Manohar Lohia (RML) Hospital on a large sample of patients for 4 different kinds of technologies namely, Voice test, Breath analyser test, Isothermal testing and Polyamine acid testing. Question. Haryana government has appointed international wrestler Babita Phogat and Kabaddi player ______as deputy directors in its Sports and Youth Affairs Department. a) Geeta Phogat b) Kavita Devi c) Karnam Malleswari d) Sakshi Malik e) None of these

▪ Kavita Devi a Kabaddi player was a member of the India national Kabaddi team that won the gold medal in 2014 in the Incheon Asian Games. Question. Who has released the e-book titled "Standard Treatment Guidelines for the Management of Substance Use Disorders and Behavioural Addictions" that aims to tackle substance abuse and behavioural addiction in the country a) Prakash Javadekar b) Ashwini Kumar Choubey c) d) 'Nishank’ e) Dr Harsh Vardhan

▪ Dr Harsh Vardhan, Union Minister of Health and Family Welfare International News

▪ Dr Harsh Vardhan, Union Minister for Health and Family Welfare presided over a meeting of the Bureau of the Executive Board as Chairman of the Executive Board of the World Health Organization (WHO), virtually

▪ The agenda of the meet included finalization of dates of 32nd session of Program, Budget and Administration Committee (PBAC), and resumed sessions of 73rdWorld Health Assembly (WHA 73) and 147th Executive Board Meet

▪ HQ: Geneva, Switzerland. International News

➢ United Arab Emirates has made a remarkable achievement by becoming the first country in the Arab World to produce nuclear energy, when the Unit 1 of the Barakah Nuclear Plant in Abu Dhabi, got operational on 31 July 2020.

➢ The plant is powered by South Korean technology and is situated in the Al Dhafrah region of Abu Dhabi.

➢ It will produce 5.6 gigawatts of electricity and meet up to 25% of the UAE’s electricity needs. International News

➢ Enhancing their science and research collaboration, India and the United Kingdom have partnered to undertake five new research projects to tackle anti- microbial resistance that can be helpful in the global fight against antibiotic- resistant bacteria and genes.

▪ The overall cost of the five projects is 8 million pounds. They are planned to be executed in September 2020.

▪ The UK will contribute 4 million pounds for International Collaboration Question. Which edition of the BRICS Environment Ministers’ Meeting was held through a video conference in August 2020. a) 4th b) 6th c) 8th d) 10th e) 9th

▪ The conference was held under the presidency of Russia. The Union Environment Minister Prakash Javadekar represented India, in the meeting.

▪ Now India will take over the BRICS Presidency in 2021. Economy

▪ Gross GST revenue collected in July, 2020 is ₹ 87,422 cr. of which CGST-₹ 16,147cr., SGST is ₹ 21,418 cr.,IGST-₹ 42,592 cr. (including ₹ 20,324 cr. collected on import of goods) and Cess -₹7,265 crore (including ₹ 807cr. collected on import of goods).

▪ The gross GST revenue collected in June 2020 is 90,917 crore rupees of which CGST is 18,980 crore, SGST is 23,970 crore and IGST is 40,302 crore rupees. State in News

➢ Telangana to launch mobile Covid-19 testing centres

▪ Named ‘Intelligent Monitoring Analysis Services Quarantine’ (iMASQ), the testing facilities are housed in specially designed buses, developed by Hyderabad-based Vera Smart Healthcare.

▪ Each mobile centre will have two sample collection teams and at least 10 sample collection counters. ▪ Such mobile centres will visit the pre-designated containment area and remain there from 8 am to 5 pm, so that local people can avail the services. State in News

➢ Madhya Pradesh Urban Development and Housing Minister Shri Bhupendra Singh launched a public awareness campaign Ek Mask-Anek Zindagi from August 1-15.

▪ The Scheme will spread awareness about wearing masks as prevention from Covid-19 infection.

▪ Establishment of Mask Banks, where people can donate masks which in turn will be distributed free to poor people Question. Reliance Power and Japanese energy major JERA are jointly developing a new 745 MW natural gas-fired thermal power generation project in which nation ? a) India b) Japan c) Sri Lanka d) Bhutan e) Bangladesh

▪ Meghnaghat in Bangladesh: The electricity generated from this project will be sold to the Bangladesh Power Development Board for 22 years from the start of commercial operation. @ 1599/- Use Code AD60 To avail 60% Discount

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