Daily Current Affairs Quiz: August 21, 2020

Notes:
The Reserve Bank of India (RBI) has released the framework for setting up of a new umbrella entity for retail payments.
It will operate as a ‘for-profit’ company that will have minimum paid-up capital of Rs 500 crore. It will set up and operate the payment systems such as ATMs, white-label PoS and Aadhaar-based payments. The company will also manage clearing and settlement systems of banks/ non-banks.

Notes:
The Union Ministry of Home Affairs has recently approved to rename the Manduadih railway station in Uttar Pradesh as ‘Banaras’.
The state government of Uttar Pradesh had earlier sent a request to the Home Ministry for renaming the railway station in its Varanasi district. The Home Ministry issued a no-objection certificate after consulting with the Ministry of Railways, Department of Posts and Survey of India.

Notes:
The Chief Minister of Madhya Pradesh Shivraj Singh Chouhan has recently announced that all of the state government jobs will be reserved to the people belonging to its state.
This is the first country in the state to reserve all its jobs to the people of the state. The state government is set to form legal provisions in this regard. During his Independence Day address, the Chief Minister announced that the state will give preference to their youths in government jobs.

Notes:
Indian Council of Medical Research (ICMR) has recently released ‘National Cancer Registry Programme Report 2020’.
As per the report, the number of people affected by cancer could increase by 12% in the next five years. By 2025, around 1.5 million people are estimated to suffer from the disease, increased from 1.39 million in 2020. Tobacco-related cancers find the major portion in the list.

Notes:
People’s Bank of China (PBOC) has acquired a small equity stake in the leading Indian private sector bank, ICICI Bank.
It is one among the 357 institutional investors which had subscribed to the issue of the Qualified institutional investors (QIP) placement, of Rs 15,000 crore. PBOC has invested Rs 15 crore in the issue. It had earlier bought a stake in leading institution, HDFC.