Current Affairs: August 04, 2020
August 4, 2020 May 21, 2021
1. Which financial institution has launched the ‘MSME Saksham’ portal, in association with TransUnion CIBIL?
[A] SIDBI
[B] RBI
[C] NABARD
[D] NHB
Show Answer
Correct Answer: A [SIDBI]
Notes:
The Small Industries Development Bank of India (SIDBI) has launched a knowledge portal named ‘MSME Saksham’, in association with TransUnion CIBIL.
The comprehensive financial education and knowledge platform will provide financial awareness to the micro, small and medium enterprises (MSME) and assist them in getting quick access to formal and affordable credit facilities.
2. What is the name of the nodal agency that will regulate space activities and the use of ISRO facilities by private sector?
[A] NSIL
[B] IN-SPACe
[C] Space India
[D] Bharat Space
Show Answer
Correct Answer: B [IN-SPACe]
Notes:
The Indian Space Research Organisation recently announced that IN-SPACe (Indian National Space Promotion and Authorisation Centre) will be the single nodal agency to regulate space activities and the use of ISRO facilities by private sector.
The Union Cabinet cleared the setting up of IN-SPACe as a separate body. Announcing the detailed structure of IN-SPACe, ISRO said that the body will have its own Chairman, technical experts from academia and industries and members of Prime Minister’s Office and Ministry of External Affairs.
3. When is ‘World Day against Trafficking in Persons’ observed?
[A] July 30
[B] July 31
[C] August 1
[D] August 2
Show Answer
Correct Answer: A [July 30]
Notes:
‘World Day against Trafficking in Persons’ is observed every year on July 30 across the world, to raise awareness of the situation of victims of human trafficking and for protection of their rights.
In the year 2013, the United Nations General Assembly held a high-level meeting to review the Global Plan of Action and designated July 30 as the World Day against Trafficking in Persons. The United Nations Office on Drugs and Crime (UNODC) assists member countries in their efforts.
4. Which country has approved a law that gives more power to regulate social media content?
[A] China
[B] North Korea
[C] Turkey
[D] Russia
Show Answer
Correct Answer: C [Turkey]
Notes:
The Parliament of Turkey approved a new legislation that gives its authorities more power to regulate social media content.
As per the law, major social media companies such as Facebook and Twitter will have to keep representative offices and also would store user data in Turkey. The government said this law will combat cyber-crime and protect users and Authorities can remove cyber bullying posts.
5. Which trade association organised the “National Digital conference on Ease of Doing Business for Atmanirbhar Bharat”?
[A] FICCI
[B] CII
[C] ASSOCHAM
[D] NASSCOM
Show Answer
Correct Answer: B [CII]
Notes:
Confederation of Indian Industries (CII) organised the “National Digital conference on Ease of Doing Business for Atmanirbhar Bharat”.
Union Commerce Minister Piyush Goyal inaugurated the conference and said that the country is heading towards a complete digital eco-system. He also said that the government is aiming to cover the entire nation through optic fibres in the next two years.
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