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FULL CA – SEPT 1ST WEEK

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63 FLASH CA – SEPT 1ST WEEK (FOR FLASH CA AND CARD PDFs & MORE = JOIN BANKERSHALA ON TELEGRAM/QUORA/INSTAGRAM/YOUTUBE) 1. China Launched Most Advanced Warship Type-054 class for Pakistan Navy 2. SBI to Receive Brandon Human Capital Management (HCM) Excellence Award(also known as the Academy Awards of Learning & Development)2020 for its HR initiative, ”Nayi Disha” (SBI ne HUMANs KO CAPITAL MANAGE karne ki DISHA di) 3. Indonesia + = UNSC Resolution for Greater Participation of Women in Peacekeeping Forces 4. Noor Inayat Khan who served in the Special Operations Executive (SOE) - 1st Indian-origin woman to honoured with a Memorial Blue Plaque(The Memory of nor inayat) 5. Ravi Shankar Prasad Launched “Chunauti” to encourage startups and software products with special focus on Tier-II towns(Ravi accept chunauti of software products)

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6. Union Minister Ramesh Pokhriyal Addressed Inaugural session of two-days World Urdu Session 7. India - 4th Tranche of US$5mn = to Myanmar for the development of the India-Myanmar Border Area 8. India’s First International Women’s Trade Centre (IWTC) to be set up at Angamaly, Kochi, Kerala 9. 42-year-old identical twins Robert Charles “Bob” Bryan and Michael Carl “Mike” Bryan, the most successful American doubles tennis players announced their retirement 10. August 29 - National Sports Day 2020 to commemorate the birth anniversary of Major Dhyan Chand Singh 11. United Nations (UN)’s International Day against Nuclear Tests - 29th August 2020 12. UP govt launched ‘Major Dhyan Chand Vijaypath Yojana’ to Build Roads to 19 International Player’s houses

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13. Vasanthakumar, Congress MP (Kanyakumari Lok sabha Constituency) and Founder of Vasanth & Co Died of COVID-19 at 70 14. Indian Cricket Coach Gurcharan Singh Co-authored his Memoir “Pitching It Straight” 15. Kiren Rijiju attended Sports Ministers Meeting of BRICS Nations 16. Global ranking of average wages prepared by Picodi.com 17. Union Minister Piyush Goyal Virtually Attended the 8th East Asia Summit Economic Ministers’ Meeting (EAS-EMM) 18. PM Modi announced - September to be observed as “Poshan Maah” or “Nutrition Month”. 19. Mercedes’ Lewis Hamilton Won the Belgian Grand Prix 2020(HEMI – BELGI = sounds similar) 20. Nitin Gadkari laid Foundation Stone for 5 Road Projects worth Rs. 777 Crores in Gadchiroli district,

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21. Dr S Padmavati = India’s 1st Female & Oldest Cardiologist, Padma Awardee, Founder of All India Heart Foundation (AIHF) and NIH, New Died of COVID-19(PADMAVATI hence always 1st) 22. GMR led Rajiv Gandhi International Airport won CII-GBC ‘National Energy Leader’ award 23. Vedanta - Tied Up - SBI = for 7 year Long Term Syndicated Loan of Rs.10000 Crore(SBI IS LIKE VEDas OF BANKS) 24. Reliance Retail Ventures Limited (RRVL) acquired Future Group includes Big Bazaar, fbb, Foodhall, Easyday, Nilgiris, Central and Brand Factory for Rs.24,713 crore 25. Department of Telecommunications’ (DoT) & SEBI Approved Brookfield Infrastructure Partners Proposal to Acquire Reliance Telecom Tower Assets worth Rs 25,215 crore 26. Katyayani Shankar Bajpai =Ex Indian Ambassador & co-founder of Delhi Policy Group (DPG) died at 92.

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27. UAE launched Agriota, agri-commodity trading and sourcing e-market platform to bridge the gap between millions of rural farmers in India and the UAE’s food industry. 28. PM Modi Inaugurated College, Administration Buildings of Rani Lakshmi Bai Central Agricultural University in Jhansi, Uttar Pradesh 29. 6th International Military-Technical Forum “Army-2020 30. India – MoU - Japan = for improving quality and testing of Indian textiles and Clothing for the Japanese market (JAPANEASE CLOTHS are best) 31. Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) - MoU - CSIR- Indian Institute of Chemical Technology (IICT) to set up Bulk Drug Pharma Park 32. Union Cabinet - approved = National Programme for Civil Services Capacity Building (NPCSCB) or “Mission Karmayogi” 33. India - MoU - Finland = for cooperation in the field of Geology and Mineral Resources (FINe MINERAL)

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34. Sudha Painuli, a vice-principal of Eklavya Model Residential Schools (EMRS), Dehradun - established under the Ministry of Tribal Affairs = selected for National Award to Teachers (NAT) 2020 35. Aveek Sarkar, Editor Emeritus and Vice Chairman of Ananda Bazar Group of Publication – Selected New Chairman of Press PTI = succeeds Vijay Kumar Chopra (AB PTI aveek SARKAR ke hath me) 36. Murali Ramakrishnan - MD & CEO of South Indian Bank for a period of 3 years with effect from 1st October 2020 = succeeds V. G. Mathew (MURALI ji SOUTH me jakr bansuri bajayege) 37. Sikkim Celebrated Pang Lhabsol Festival 38. Researchers from Kerala and West Bengal have identified ‘Systomus Gracilus’, a New Species of Freshwater Fish from Ganga at Naihati of West Bengal 39. Former England Cricketer = David Capel - died 40. Pope Francis’s New Book “Let Us Dream” to be Release in December 2020

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41. ShriVallabh Pittie International Group - MoU - Rajasthan Govt = to invest Rs 4,000 crore in Aviation, Defence & Textile Sectors 42. SIDBI – MoU - Maharashtra Govt = to Develop MSME Ecosystem in the state. 43. Cabinet approved - Jammu and Kashmir Official Languages Bill under which Kashmiri, Dogri and Hindi also added to the existing Urdu and English 44. 13th Edition of Global Innovation Index 2020 released by World Intellectual Property Organization (WIPO), Cornell University and INSEAD Business School 45. THE World University Ranking 2021 - IISc Bengaluru topped among 63 Indian Institutes and ranked under the 301-350 group ranking 46. S Krishnan - MD & CEO of Punjab & Sind Bank = Replaced S Harishankar 47. Appointments Committee of the Cabinet (ACC) Approved Restructuring of the Indian Railways and appointed V K Yadav as first ever CEO of Indian Railways

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48. Lebanon President, Michel Aoun appointed Mustapha Adib as New Prime Minister of Lebanon 49. RBL Bank + Empays Payment Systems = Launched Cardless Cash Withdrawal Facility from ATMs through the Instant Money Transfer (IMT) system (aE – PAY me from RBL bank) 50. LazyPay Launched - Digital Credit Card, ‘LazyUPI’ = Combination of UPI & Buy-Now-Pay- Later Concept 51. 12th Mekong Ganga Cooperation (MGC) Senior Officials’ Meeting held virtually 52. Ayushmann Khurrana = Brand Ambassador of Bajaj Allianz Life 53. Punjab Government launched ‘I Rakhwali’ app to make citizens ‘Greenery Saviours’ 54. Goonmeet Singh Chauhan’s authored “Invertonomics” = featuring 8 Ideas to Transform India 55. United Nations Environment Programme (UNEP) Launched = “The Little Book of Green Nudges”

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56. Indian Grandmaster Panneerselvam Iniyan won 48th Annual World Open Chess Virtual tournament 57. Union Minister of Education Launched = Mobile App “EnglishPro” 58. IIT Delhi Incubated Startup, Chakr Innovation Launched Ozone based decontamination device named “Chakr DeCoV” to Decontaminate N95 Masks and reuse upto 10 times. 59. Union Minister of Education Launched = Mobile App “EnglishPro” 60. RBI Released Revised Priority Sector Lending Guidelines 61. RBI Announced Additional OMO of G- sec of Rs 20,000 Cr in two tranches of Rs 10,000 crore each on September 10, 2020 and September 17, 2020 62. Saudi Arabia Hosted virtual G-20 Foreign Ministers’ Meeting from Riyadh 63. Daukandi (Bangladesh) – Sonamura (Tripura) Inland Waterway Protocol route has been operationalized

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SUMMIT/EVENTS/CONFRENCES ETC

DELHI

Kiren Rijiju attended Sports Ministers Meeting of BRICS Nations - India to host BRICS Games 2021 with Games - will host the fourth edition of Khelo India Youth Games (KIYG) in 2021.

Union Minister Ramesh Pokhriyal Addressed Inaugural session of two-days World Urdu Session - Organised by National Council for Promotion of Urdu Language (NCPUL) - Webinar titled as ‘Responsibilities of Urdu Writers in the age of Electronic & Social media’. NCPUL Chairman – Ramesh Pokhriyal ‘Nishank’ Headquarters –

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PM Modi announced in Mann ki Baat that September to be observed as “Poshan Maah” or “Nutrition Month”. - The nutrition month was celebrated earlier in September 2018 and 2019. - During the Nutrition Month Food and nutrition Quiz and meme competition will be organised by the MyGov portal. - A unique nutrition park has been created at the Statue of Unity, where people can witness the nutrition related education along with other fun activities. - Om Birla recently launched ‘Suposhit Maa Abhiyan’ in his constituency Kota, Rajasthan, to provide nutritional support to pregnant women and adolescent girls. - Tripura government - launched Mukhyamantri Matru Pushti Uphaar scheme to provide nutrition kits to pregnant and lactating women.

INTERNATIONAL

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CENTRAL AND MIDDLE EAST ASIA

Saudi Arabia Hosted virtual G-20 Foreign Ministers’ Meeting from Riyadh - Focused upon cross-border movement and strengthening international cooperation across borders amid the COVID-19 pandemic - G20 Leaders Summit 2020 will be held at the end of 2020. - The meet was chaired by Minister of Foreign Affairs of Kingdom of Saudi Arabia, Prince Faisal Bin Farhan Al-Saud where Indian side was represented by Union Minister Dr. Subrahmanyam Jaishankar - During the meet, India proposed the development of voluntary “G-20 Principles on Coordinated Cross-Border Movement of People” with three elements: 1. Standardisation of testing procedures and universal acceptability of test results 2. Standardisation of ‘Quarantine procedures’

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3. Standardisation of ‘movement and transit’ protocols G20 2020 theme – Realizing Opportunities of the 21st Century For All Chairman – Saudi Arabian King Salman bin Abdulaziz Al Saud

OTHER ASIA

Union Minister Piyush Goyal Virtually Attended the 8th East Asia Summit Economic Ministers’ Meeting (EAS-EMM) - The Meeting was chaired by Tran Tuan Anh, Minister of Industry and Trade of VietNam. - During the meet discussions were held to accelerate economic growth, maintain supply chains and market stability ASEAN Chairman – Nguyen Xuan Phuc Secretary General – H.E. Dato Lim Jock Hoi

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6th International Military-Technical Forum “Army-2020 - held at the Patriot Park near Moscow, Russia - organized by Russian Defence Ministry and operated by International Congresses and Exhibitions Ltd. (ICE Ltd) - Indian Pavilion was inaugurated by Secretary (Defence Production) Raj Kumar and Indian Ambassador to Russia D.Bala Venkatesh Varma - Delegations from at least 70 nations attended the event - The first regiment of S-400 anti-air system by Russia will be delivered to India by the end of 2021.

12th Mekong Ganga Cooperation (MGC) Senior Officials’ Meeting held virtually

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- Attended by Senior Officials from all 6 MGC Member States (India, Cambodia, Lao PDR, Myanmar, Thailand and Vietnam). - The key areas of cooperation tourism, culture, education, transport and communications were discussed and reviewed during the meeting. - The meeting discussed the progress made on the MGC Plan of Action (2019-22), which was made during the 10th MGC Ministerial Meeting. - The MGC was launched in the year 2000 at Vientiane, Lao PDR. - The MGC initiative aims to establish closer contacts among people living near the two major river basins Ganges and Mekong - The Mekong is the largest river in SouthEast Asian Region and flows through six countries such as Vietnam, Thailand, Laos, Cambodia, Myanmar and China. Minister of State of External Affairs – V. Muraleedharan

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STATE/NATIONAL NEWS Kerala

India’s First International Women’s Trade Centre (IWTC) to be set up at Angamaly, Kochi, Kerala - Announcement was made during the webinar on “Scaling up Opportunities for MSME women Entrepreneurs in Kerala” organised by FICCI Kerala State Council. - IWTC Aim is to accelerate women entrepreneurship and secure gender parity while providing them a safe place to start new businesses, set up or expand, and get their products marketed globally. - Resource Enhancement Academy for Career Heights (REACH) aims to empower the women with required skills to ensure success. - Kerala Chief Minister (CM) Pinarayi Vijayan launched “Yodhav” (Warrior) mobile app (application) at Kochi, Kerala

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Andhra Pradesh

Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) - MoU - CSIR- Indian Institute of Chemical Technology (IICT) to set up Bulk Drug Pharma Park - The park will be set up in a minimum of 2,000 acres at a cost of Rs. 6,940 crores in East Godavari District of Andhra Pradesh.

Maharashtra

Nitin Gadkari laid Foundation Stone for 5 Road Projects worth Rs. 777 Crores in Gadchiroli district, Maharashtra - NHAI is undertaking the establishment of India’s first government or semi government promoted Infrastructure Investment Trust (InvIT) under the Indian Trust Act, 1882 and SEBI (Infrastructure Investment Trusts) Regulations, 2014 to facilitate investment in the highway sector. 20 Copyright © 2020 BANKERSHALA (spread the knowledge) - All Rights Reserved– DEEPAK BHARDWAJ = CLEARED 6 GOVERNMENT JOBS

- The central Government - aimed to replace all the level crossings on National Highways by Road Over Bridges / Road under Bridges under the scheme. Minister of State of Road Transport & Highways - Vijay Kumar Singh

SIDBI – MoU - Maharashtra Govt = to Develop MSME Ecosystem in the state. - After the recommendations of the Upendra Kumar (UK) Sinha Committee on MSMEs set up by the RBI - As a part of MoU, Project Management Unit (PMU) will be deployed by SIDBI in Maharashtra.

Rajasthan

ShriVallabh Pittie International Group - MoU - Rajasthan Govt = to invest Rs 4,000 crore in Aviation, Defence & Textile Sectors

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- SVP will invest Rs 4000 crore for these projects, which will create employment opportunities for more than 4000 people.

Punjab

Punjab Government launched ‘I Rakhwali’ app to make citizens ‘Greenery Saviours’ - To safeguard the forest areas in the state by making common citizens as stakeholders in the process

Uttar Pradesh

UP govt launched ‘Major Dhyan Chand Vijaypath Yojana’ to Build Roads to 19 International Player’s houses - The Uttar Pradesh (UP) government approved a draft ordinance titled “Cow Slaughter Prevention (Amendment) Ordinance, 2020” to protect cows and prevent their slaughter.

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PM Modi Inaugurated College, Administration Buildings of Rani Lakshmi Bai Central Agricultural University in Jhansi, Uttar Pradesh - At present, there are three Central Agricultural Universities in the country - Narendra Singh Tomar pointed out the strengthening of farming activities in North-East by agricultural education and research. The scholarships for the Ph. D students have also been increased to Rs. 31000 per month. - The Government has also set up a special dedicated fund of Rs 1 Lakh crore for providing better facilities and promoting industries in a cluster based approach in the agriculture sector. - Asia’s largest solar power project: Rewa Ultra Mega Solar Power Project in Madhya Pradesh is inaugurated by Prime Minister Shri UNESCO Heritage Sites in UP – Taj Mahal, Agra Fort, Fatehpur Sikri

GOVT SCHEMES

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Union Minister of Education Launched = Mobile App “EnglishPro” - Developed by Central University, English and Foregin Languages University (EFLU) - To develop Indian English Pronunciation in the unique “Indian” way Minister of State of Education – Sanjay Dhotre

Ravi Shankar Prasad Launched “Chunauti” to encourage startups and software products with special focus on Tier-II towns(Ravi accept chunauti of software products) - This contest is a part of Rs 95 crore programme, spanning over 3 years, will hunt for around 300 start-ups working in edu-tech, agri-tech and fin-tech solutions and to provide them seed funds of up to Rs 25 lakh and other support from government through the Software Technology Parks of India (STPI).

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- Rs 9.17 cr National Institute of Electronics and Information Technology (NIELIT) set up at Muzaffarpur, Bihar

Union Cabinet - approved = National Programme for Civil Services Capacity Building (NPCSCB) or “Mission Karmayogi” - To enable government officers and employees get the opportunity to improve their performance under ‘iGOT-Karmayogi’ Digital Platform - Outlay of Rs.510.86 crore will be spent over a period of 5 years from 2020-21 to 2024-25 to cover around 46 lakh Central employees. - The objective is to prepare the Indian Civil Servant for the future with right attitude, skills & knowledge, aligned to the vision of New India by focusing on competency led capacity building.

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OTHERS NATIONAL NEWS INCLUDING

Daukandi (Bangladesh) – Sonamura (Tripura) Inland Waterway Protocol route has been operationalized - Boost to bilateral trade between India-Bangladesh relations under Protocol for Inland Water Trade & Transit (PIWTT). - First ever export consignment from Bangladesh to Tripura through the inland waterways received - The PIWTT was signed between India and Bangladesh in 1972 to provide inland waterways connectivity between the two countries, particularly with the North Eastern Region of India. Bangladesh President – Mohammad Abdul Hamid

Cabinet approved - Jammu and Kashmir Official Languages Bill under which Kashmiri, Dogri and Hindi also added to the existing Urdu and English 26 Copyright © 2020 BANKERSHALA (spread the knowledge) - All Rights Reserved– DEEPAK BHARDWAJ = CLEARED 6 GOVERNMENT JOBS

INTERNATIONAL

Indonesia + India = UNSC Resolution for Greater Participation of Women in Peacekeeping Forces - In May 2020, Indian Women Peacekeeper Major Suman Gawani won the UN Military Gender Advocate award. She served as a peacekeeper with the United Nations Mission in South Sudan. - In June 2020, India was elected non-permanent member of the Security Council for a two-year term beginning on January 1, 2021. - India will serve as President of the powerful 15-nation UN body for the month of August, 2021.

BANKING, FINANCE AND ECONOMY

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RBI IN NEWS

RBI Announced Additional OMO of G- sec of Rs 20,000 Cr in two tranches of Rs 10,000 crore each on September 10, 2020 and September 17, 2020 - To Ensure Orderly Market Conditions - RBI bank also announced term repo operations of Rs 100,000 crore (1 trillion) to infuse liquidity into the market. - RBI also increased the held to maturity limit (HTM) or the amount that banks invest in G-secs from 19.5% to 22% up to March 31, 2021. - OMO is a part of “Operation Twist” to ease pressure evolving liquidity and market conditions. The main purpose of the OMO is to bring down the yields at the longer end.

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- On August 25, 2020, RBI announced a simultaneous purchase and sale of government securities under OMO for an aggregate amount of Rs 20,000 crore in two equal tranches of Rs 10,000 crore on August 27, 2020 and September 03, 2020

RBI Released Revised Priority Sector Lending Guidelines - new categories are included under priority sector for financing like start-ups (up to Rs 50 crore), loans to farmers for installation of solar power plants for solarisation of grid connected agriculture pumps and loans for setting up Compressed Bio Gas (CBG) plants. - Higher weightage has been assigned to incremental priority sector credit in ‘identified districts’ where priority sector credit flow is comparatively low. - Higher credit limit has been specified for Farmers Producers Organisations (FPOs)/Farmers Producers Companies (FPCs) undertaking farming - Loan limits for renewable energy have been doubled.

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- Credit limit for health infrastructure (including those under ‘Ayushman Bharat’) doubled. - RBI Released Report of Committee For Analysis of QR Code headed by Prof. Deepak B Phatak

OTHER BANK NEWS

Vedanta - Tied Up - SBI = for 7 year Long Term Syndicated Loan of Rs.10000 Crore(SBI IS LIKE VEDas OF BANKS) - SBICAP Trustee Company limited(SBICTCL), a wholly owned subsidiary of SBI Capital Market Limited(SBICAP) as the security trustee - Syndicated loan is a loan offered by a group of lenders to provide credit to a large borrower. - As a lender State Bank of India has committed Rs.5000 crore. - Government of India - approved a scheme for improving the short-term liquidity position of non-banking finance companies (NBFCs)/housing finance companies (HFCs) through a Special

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Purpose Vehicle (SPV) in the form of Special Liquidity Scheme (SLS) Trust set up by SBI Capital Markets Limited (SBICAP), a subsidiary of the State Bank of India (SBI) Vedanta Limited CEO – Sunil Duggal Headquarter – Mumbai

LazyPay Launched - Digital Credit Card, ‘LazyUPI’ = Combination of UPI & Buy-Now-Pay-Later Concept - LazyPay will offer a credit limit (upto INR 1 lakh) to users for UPI transactions at stores (online & offline) - Customers can set up their accounts using a 2-minute KYC process PayU Headquarter – Netherlands

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RBL Bank + Empays Payment Systems = Launched Cardless Cash Withdrawal Facility from ATMs through the Instant Money Transfer (IMT) system (aE – PAY me from RBL bank) RBL Bank HeadQuarter – Mumbai MD & CEO – Vishwavir Ahuja

FOLLOW US ON –

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SOME SPECIFIC GROUPS/CHANNELS FOR SEBI, RBI, IBPS&RRB, FCI, RBI ASSISTANT AND QUIZ GROUP -

AWARDS, PERSONS IN NEWS Appointments

Lebanon President, Michel Aoun appointed Mustapha Adib as New Prime Minister of Lebanon Currency– Lebanese pound

BRAND AMBASSADORS AND CEO, MD ETC

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Ayushmann Khurrana = Brand Ambassador of Bajaj Allianz Life - He will feature in the life insurer’s next campaign, ‘Smart Living’, which includes its term plan, Smart Protect Goal and the new digital service, Smart Assist. Bajaj Allianz Life Insurance Company Limited HeadQuarter – Managing Director and Chief Executive Officer – Tarun Chugh

Appointments Committee of the Cabinet (ACC) Approved Restructuring of the Indian Railways and appointed V K Yadav as first ever CEO of Indian Railways - The Indian Railway Medical Service (IRMS) will be renamed the Indian Railway Health Service (IRHS). Minister of State of Railways - Shri Suresh Channabasappa

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Aveek Sarkar, Editor Emeritus and Vice Chairman of Ananda Bazar Group of Publication – Selected New Chairman of Press PTI = succeeds Vijay Kumar Chopra (AB PTI aveek SARKAR ke hath me) PTI Headquarters– New Delhi

Murali Ramakrishnan - MD & CEO of South Indian Bank for a period of 3 years with effect from 1st October 2020 = succeeds V. G. Mathew (MURALI ji SOUTH me jakr bansuri bajayege) South Indian Bank Headquarter – Thrissur, Kerala Tagline – Experience Next Generation Banking

S Krishnan - MD & CEO of Punjab & Sind Bank = Replaced S Harishankar Punjab & Sind Bank HeadQuarter – NewDelhi Tagline– Where Service is a Way of Life

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AWARDS/RECOGNITIONS

GMR led Rajiv Gandhi International Airport won CII-GBC ‘National Energy Leader’ award - Organized by Confederation of Indian Industry (CII) and Godrej Green Business Centre (GBC). - The award was given during the 19th edition of ‘Energy Efficiency Summit’, Virtual Conference and Exposition on Energy Efficiency - The airport has achieved a substantial energy saving of around 4.55 MU over the last three years. - The airport has a Carbon Neutral Airport having Level 3 + “Neutrality” Accreditation from Airports Council International (ACI) under Airport Carbon Accreditation (ACA) programme. - Rashtriya Ispat Nigam Limited-Vizag Steel Plant (RINL-VSP) = also been awarded ‘Excellent Energy Efficient Unit’ award by CII GBC

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Noor Inayat Khan who served in the Special Operations Executive (SOE) - 1st Indian-origin woman to honoured with a Memorial Blue Plaque(The Memory of nor inayat) - London’s Blue Plaque scheme was founded in 1866

SBI to Receive Brandon Human Capital Management (HCM) Excellence Award(also known as the Academy Awards of Learning & Development)2020 for its HR initiative, ”Nayi Disha” (SBI ne HUMANs KO CAPITAL MANAGE karne ki DISHA di) - will be honoured at Brandon Hall Group’s annual HCM Excellence Conference, January 26-28, 2021 at the Hilton West Palm Beach, Florida. - SBI partnered with M/s Chrysalis & developed the “Nayi Disha” Programme. - The commonwealth writers announced Kritika Pandey, the winner of asian region prize as the overall winner of the 2020 Commonwealth Short Story Prize

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- Freya Thakral, a 13 year old student of the British School New Delhi received the 2020 Diana Award for her Recycler App, which she developed to connect users with waste-handlers as a measure to help the ragpickers of Delhi

Sudha Painuli, a vice-principal of Eklavya Model Residential Schools (EMRS), Dehradun - established under the Ministry of Tribal Affairs = selected for National Award to Teachers (NAT) 2020 Ministry of Tribal Affairs Union Minister – Arjun Munda Minister of State (MoS) – Renuka Singh Saruta

ACQUISITIONS/MERGERS/MOUS

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India – MoU - Japan = for improving quality and testing of Indian textiles and Clothing for the Japanese market (JAPANEASE CLOTHS are best)

India - MoU - Finland = for cooperation in the field of Geology and Mineral Resources (FINe MINERAL) - MoU in between Geological Survey of India (GSI), Ministry of Mines of India and Geological Survey of Finland, Ministry of Employment and the Economy, Finland.

Reliance Retail Ventures Limited (RRVL) acquired Future Group includes Big Bazaar, fbb, Foodhall, Easyday, Nilgiris, Central and Brand Factory for Rs.24,713 crore - Reliance Retail and Fashion Lifestyle Ltd (RRFLL) has also proposed to invest Rs 1,200 crore in the preferential issue of equity shares of Future Enterprises to acquire 6.09% of post-merger equity.

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Future Group Business Founder & CEO – Kishore Biyani Headquarter – Mumbai

Department of Telecommunications’ (DoT) & SEBI Approved Brookfield Infrastructure Partners Proposal to Acquire Reliance Telecom Tower Assets worth Rs 25,215 crore - It also approved a downstream foreign investment of Rs 105.35 crore to acquire remaining 49% paid up equity share capital in Reliance Jio Infratel Pvt Ltd (RJIPL) and increase the foreign capital in the firm to 100%

SPORTS NEWS

Indian Grandmaster Panneerselvam Iniyan won 48th Annual World Open Chess Virtual tournament

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42-year-old identical twins Robert Charles “Bob” Bryan and Michael Carl “Mike” Bryan, the most successful American doubles tennis players announced their retirement

Mercedes’ Lewis Hamilton Won the Belgian Grand Prix 2020(HEMI – BELGI = sounds similar) - Won this title for 4th time

OBITUARIES

POLITICS/POSITIONS ETC

Vasanthakumar, Congress MP (Kanyakumari Lok sabha Constituency) and Founder of Vasanth & Co Died of COVID-19 at 70

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Dr S Padmavati = India’s 1st Female & Oldest Cardiologist, Padma Awardee, Founder of All India Heart Foundation (AIHF) and NIH, New Delhi Died of COVID-19(PADMAVATI hence always 1st) - She initiated India’s first Doctorate of Medicine in Cardiology and other super specialities like the 1st coronary care unit and the 1st coronary care van in India. - She was the 1st and only person to be chief administrator of 3 major institutions at the same time- Maulana Azad Medical College, Lok Nayak Hospital and G.B.Pant hospital

Katyayani Shankar Bajpai = Ex Indian Ambassador and co-founder of Delhi Policy Group (DPG) died at 92.

SPORTS

Former England Cricketer = David Capel - died

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IMPORTANT DAYS

August 29 - National Sports Day 2020 to commemorate the birth anniversary of Major Dhyan Chand Singh - Kiren Rijiju announced a hike in 4 categories of the National Sports and Adventure Awards. - The prize money of Rajiv Gandhi Khel Ratna Award was increased from Rs.7.5 lakh to Rs. 25 lakh. - Arjuna Award has been increased from Rs.5 lakh to Rs.15 Lakh. - The lifetime Dronacharya Award was increased from Rs.5 Lakh to Rs.15 lakh and regular Dronacharya Award was increased to Rs.10 lakh from Rs.5 lakh. - Dhyan Chand Awardees will be given 10 lakh rupees instead of 5 lakh rupees.

United Nations (UN)’s International Day against Nuclear Tests - 29th August 2020

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- Comprehensive Nuclear-Test-Ban Treaty (CTBT) = adopted by the UNGA on 10th September 1996 to eradicate nuclear explosions by everyone, everywhere on the Earth’s surface, in the atmosphere, underwater and underground. CTBTO Executive Secretary – Lassina Zerbo Headquarters– Vienna, Austria

INDEX

Global ranking of average wages prepared by Picodi.com - India - 72nd among 106 countries with Average Monthly Wage of Rs 32,800 - Switzerland Topped where the average wage is Rs 4,49,000 - Monthly wage of Cuba is the lowest at Rs 2,700 (USD 36).

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13th Edition of Global Innovation Index 2020 released by World Intellectual Property Organization (WIPO), Cornell University and INSEAD Business School - India ranked 48th with a score of 35.59 - Theme = “Who Will Finance Innovation?”. - Switzerland, Sweden, United States(US), United Kingdom(UK) and Netherlands took the top spots - A total of 131 countries were analysed WIPO Director General – Daren Tang (Singapore) Headquarters – Geneva, Switzerland

THE World University Ranking 2021 - IISc Bengaluru topped among 63 Indian Institutes and ranked under the 301-350 group ranking - University of Oxford, UK was topped the list

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- The rankings are made based on 13 performance indicators - THE ranking includes around 1500 universities from 93 countries and regions. - The United States of America is the most represented country with 59 institutes in the top 200 rank followed by the United Kingdom (29) and Germany (21).

Festivals

Sikkim Celebrated Pang Lhabsol Festival - The festival is celebrated at the end of monsoon, on the 15th day of the 7th lunar month in the Tibetan calendar - The festival aims to pay tribute to Mount Khangchendzonga, the guardian deity of Sikkim which is believed to have been protecting this sacred land since ages.

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BOOKS

United Nations Environment Programme (UNEP) Launched = “The Little Book of Green Nudges” - To inspire students around the globe to adopt environmentally friendly habits and greener lifestyles. - UNEP will share insights from discussions with leaders of world’s top universities at THE (Times Higher Education) World Academic Summit in this book. - THE World Academic Summit theme = “the power of place” UNEP Director – Inger Andersen (Denmark) Headquarter – Nairobi, Kenya

Goonmeet Singh Chauhan’s authored “Invertonomics” = featuring 8 Ideas to Transform India - Published by HarperCollins India.

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- The book proposes a “Dream for India” which steps into idealism tempered with realistic applications.

Pope Francis’s New Book “Let Us Dream” to be Release in December 2020

Indian Cricket Coach Gurcharan Singh Co-authored his Memoir “Pitching It Straight” - co-authored by sports journalist MS Unnikrishnan and published by Vitasta

SCIENCE/TECH

Researchers from Kerala and West Bengal have identified ‘Systomus Gracilus’, a New Species of Freshwater Fish from Ganga at Naihati of West Bengal - It is named as Systomus gracilus(means slim in Latin) as it has a thin and compressed body. 48 Copyright © 2020 BANKERSHALA (spread the knowledge) - All Rights Reserved– DEEPAK BHARDWAJ = CLEARED 6 GOVERNMENT JOBS

- The species has a length of 11 to 12 cm and can be cultured in inland water bodies.

China Launched Most Advanced Warship Type-054 class for Pakistan Navy

UAE launched Agriota, agri-commodity trading and sourcing e-market platform to bridge the gap between millions of rural farmers in India and the UAE’s food industry. - launched by Dubai’s free-zone Dubai Multi Commodities Centre (DMCC) and the government of Dubai - This launch followed the India-UAE Virtual Buyer Seller Meet titled “Forge a New Path in COVID-19”

IITs in news

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IIT Delhi Incubated Startup, Chakr Innovation Launched Ozone based decontamination device named “Chakr DeCoV” to Decontaminate N95 Masks and reuse upto 10 times. - Ashwini Kumar Choubey, Minister of State(MoS) for Health and Family Welfare launched the device over a virtual platform - The device was developed by the Chakr Innovation team led by Tushar Batham - The cost effective cabinet shaped device utilises Ozone gas of high penetrability to kill the viruses in the pores of the N95 masks - The device reduces the bacterial load by 99.9999% and enables the reuse of the masks without any impacts on the filtration efficiency.

LOANS ISSUED BY BANKS

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India - 4th Tranche of US$5mn = to Myanmar for the development of the India-Myanmar Border Area Myanmar Currency – Burmese kyat President– Win Myint

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