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The Monthly Hindu Review | Current Affairs | August 2020 1 www.bankersadda.com | www.sscadda.com | www.careerpower.in| Adda247 App The Monthly Hindu Review | Current Affairs | August 2020 Contents The Most Important Current Affairs August 2020............................................................................................... 3 Banking and Financial Current Affairs .................................................................................................................... 9 Business Current Affairs ............................................................................................................................................. 10 International Current Affairs .................................................................................................................................... 10 National Current Affairs .............................................................................................................................................. 11 States Current Affairs................................................................................................................................................... 13 Schemes/Committees .................................................................................................................................................. 14 Agreement/Memorandum of Understanding (MoU)........................................................................................ 15 Appointments/Resignations (National & International) ................................................................................ 15 Ranks and Reports ........................................................................................................................................................ 16 Sports Current Affairs .................................................................................................................................................. 16 Summits And Conferences ......................................................................................................................................... 18 Awards & Recognition ................................................................................................................................................. 18 Important Days .............................................................................................................................................................. 19 Defence Current Affairs............................................................................................................................................... 20 Science and Technology .............................................................................................................................................. 20 Books & Authors ............................................................................................................................................................ 21 Miscellaneous Current Affairs .................................................................................................................................. 21 Obituaries ........................................................................................................................................................................ 23 Static Takeaways ........................................................................................................................................................... 24 2 www.bankersadda.com | www.sscadda.com| www.careerpower.in| Adda247 App The Monthly Hindu Review | Current Affairs | August 2020 The Most Important Current Affairs August 2020 RBI’s 2nd Bi-Monthly Monetary Policy Union Minister of Agriculture & Farmers’ Statement 2020-21 Released Welfare laun ches “Krishi Megh” The Monetary Policy Committee of the Reserve Bank of Krishi Megh (National Agricultural Research & India met on 4th, 5th and 6th August for its second Education System -Cloud Infrastructure and Services) meeting of 2020-21. During the second Monetary Policy has been launched. It will help in meeting the services meet, the MPC analysed the current & evolving and infrastructure requirements of Digital Agriculture macroeconomic and financial conditions and has decided of National Agricultural Research and Education to continue with the accommodative stance to revive System (NARES). growth as well as to mitigate the impact of COVID-19. The minister also launched the KVC ALUNET (Krishi With its decisions, MPC aims to keep inflation within the Vishwavidyalaya Chhatr Alumni Network) and Online target and hence to preserve financial stability. Accreditation System for Higher Agricultural Also, for the year 2020-21, as a whole, real GDP growth is Educational Institutions (HEI). expected to be negative. The National Agricultural Higher Education Project The key decisions taken in the Monetary Policy has been funded by the Government of India and the Committee meeting are: World Bank. The repo rate under the liquidity adjustment facility (LAF) has been kept unchanged at 4.00%. Jal Shakti Minister launches Swachh Bharat The reverse repo rate under the LAF has been kept unchanged at 3.35%. Mission Academy The marginal standing facility (MSF) rate and the The Swachh Bharat Mission Academy has been Bank Rate have been kept unchanged at 4.25%. launched by the Union Minister for Jal Shakti, Shri Gajendra Singh Shekhawat. PM Modi addresses on New Education Policy It has been launched as a crucial part of the phase 2 2020 of Swachh Bharat Mission (Grameen). Prime Minister Narendra Modi has addressed the nation It is a phone-based academy and offers a 60- on 7th August to deliver his speech on the New minutes module, which is an IVR based training Education Policy 2020. PM’s speech began with address course, covering a wide range of topics under Open at the conclave on ‘Transformational Reforms in Defecation Free sustainability (ODF-S) as well as Higher Education under National Education Policy’ is Solid and Liquid Waste Management (SLWM). being organised by the University Grants Commission and It will ensure behaviour change and promote the Ministry of Education. capacity building of the key stakeholders such as Key highlights and updates on PM’s speech: Swachhagrahis, PRIs members, community-based National Research Foundation will work closely organizations, NGOs, SHGs etc. with National Educational Technology Forum (NETF) to enable scientific steps to include technology in the education system. K Kasturirangan, an Indian space scientist who has played a crucial role in drafting the New Education Policy 2020. National Education Policy was approved after extensive discussions over 3-4 years and deliberation over lakhs of suggestions New Education Policy is the foundation of strengthening the 21st century India. Every student will be future-ready and will contribute to nation- building. 3 www.bankersadda.com | www.sscadda.com| www.careerpower.in| Adda247 App The Monthly Hindu Review | Current Affairs | August 2020 Raksha Mantri launches Naval Innovation and Gramodaya Bandhu Mitra Puraskaras Indigenisation Organisation The awards recognise “Yeoman service rendered by Naval Innovation and Indigenisation Organisation individuals and institutions to provide succour and (NIIO) has been launched by the Raksha Mantri Shri uplift the vast majority of our population dependent Rajnath Singh. on agriculture and allied activities for livelihood”. NIIO is a three-tiered organisation and it will enable its end users to interact with academia as well as Following is the list of winners of the Gramodaya industry for the promotion of innovation and Bandhu Mitra Puraskaras: indigenisation for self-reliance in defence, with the help of its dedicated structures. Chairperson of Infosys Foundation, Sudha Murty; The twin aspects of innovation and indigenisation Group Head of Agri and IT Businesses of ITC Ltd, would be brought together by the Naval Technology Sivakumar Surampudi; Padma Bhushan Vijay Acceleration Council (N-TAC). Bhatkar; Padmasri SP Verma; Vilas Shinde (Director, Sahyadri Farms); Koosam Rajamouli, Former Forbes magazine released “The Highest-Paid Sarpanch of Gangadevipalli in Telangana; Brig Pogula Actors Of 2020” list Ganesham, Founder of Palle Srujana; and Govinda Rajulu Chintala, Chairman of the Nabard. Forbes magazine has released “The Highest-Paid Actors Of 2020” list. Bollywood actor, Akshay Kumar is the only Indian star to be listed among the top 10 world’s Cabinet approves setting up of National highest-paid actors of 2020. Recruitment Agency The establishment of “National Recruitment Agency” Top 6 highest-paid actors in the list of Forbes Magazine has received the Union Cabinet‘s approval. The National 2020: Recruitment Agency (NRA) will result in transformational S. No. Winner reform in the recruitment process for central government 1 Dwayne Johnson jobs. NRA will comprise of representatives of Ministry of 2 Ryan Reynolds Railways, Ministry of Finance/Department of Financial Services, the SSC, RRB as well as IBPS. NRA is expected 3 Mark Wahlberg to be a specialist body which will offer the state-of-the-art 4 Ben Affleck technology and best practices to the field of Central 5 Vin Diesel Government recruitment. A sum of Rs. 1517.57 crore has 6 Akshay Kumar been sanctioned by the Government of India for the National Recruitment Agency (NRA). The National Recruitment Agency (NRA) would be a multi-agency body which be responsible to conduct a Common Eligibility Test
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