Daily Current Affairs : 7th August 2020 | Daily GK update Quiz

Exp. Odisha has become the first state in the Indian Ocean region to get two coastal villages ‘tsunami ready’, on 6th August. This also makes the country to become the first in the Indian Ocean region to achieve the honour.

Venkatraipur (Boxipalli) village of Rangeilunda block under Ganjam district and Noliasahi village of Ersama block under Jagatsinghpur district have been acknowledged by the Intergovernmental Oceanographic Commission (IOC) of UNESCO for greater preparedness to face the tsunami disaster.

Exp. The Maharashtra government on 6th August announced a partnership with Google that will enable 2.3 crore students and teachers to access the technology giant’s blended learning programmes that combine classroom approach with online learning.

As part of the tie-up, which has come at a time when online classes have become a norm due to the COVID-19 pandemic, Google will deploy free tools like G Suite for Education, Google Classroom and Google Meet to facilitate remote learning.

Exp. Prime Minister Narendra Modi will inaugurate and dedicate to the Nation through video conferencing the submarine Optical Fibre Cable (OFC) connecting Chennai and Port Blair on 10th August, 2020.

This connectivity will enable delivery of faster and more reliable mobile and landline telecom services to Andaman & Nicobar Islands, at par with other parts of India. The foundation stone for this project was laid by Prime Minister Narendra Modi on 30th December 2018 at Port Blair.

Exp. India has extended the Line of Credit (LoC) worth US$18 million to the Government of Maldives for the expansion of fishing facilities at Maldives Industrial Fisheries Company (MIFCO) based in Felivaru, Lhaviyani Atoll, through the development of fish collection and storage facilities, and the setting up of a tuna cooked plant and fishmeal plant.

The credit line agreement was signed by India’s Export-Import Bank (EXIM).

Exp. Export-Import Bank of India (Exim Bank) on 7th August said it has extended a USD 250-million (about Rs 1,870 crore) line of credit (LOC) to Mozambique for improving power supply quality in the country.

With the signing of this LOC agreement, Exim Bank till date has extended 14 LOCs to Mozambique, taking their total value to USD 772.44 million.

Exp. Google says it has deleted more than 2,500 YouTube channels tied to China as part of its effort to weed out disinformation on the videosharing platform.

The Alphabet-owned company said the channels were removed between April and June “as part of our ongoing investigation into coordinated influence operations linked to China.”

Exp. The Reserve Bank of India (RBI) has decided to set up a committee under KV Kamath for looking into one-time restructuring of loans and financial parameters needed to be factored into resolution plans.

RBI on the required financial parameters, along with the sector specific benchmark ranges for such parameters, to be factored into resolution plans. The expert committee will also undertake a process validation of resolution plans for borrowal accounts above a specified threshold.”

Exp. Google India has a special plan for Independence Day, and it has sought the participation of the people. The technology giant’s Indian arm announced that it was looking at Artificial Intelligence to make the Independence Day celebrations this year more unique.

Google said that in this experiment, the company is combining two ingredients – one is the most cutting-edge AI work that the company has done with regard to music and the other is the voice of the participants. And with these ingredients, the company would use technology to produce the Indian National Anthem.

Exp. Microsoft run enterprise is all set to invest about $100 million in the home-grown regional language social media app ShareChat. ShareChat which has a user base of over 140 million monthly active users in the country did not respond to an email query.

The app is available in 15 languages, including Hindi, Malayalam, Gujarati, Marathi, Punjabi, Telugu, Tamil, Bengali, Odia, Kannada, Assamese, Haryanvi, Rajasthani, Bhojpuri and Urdu.

Exp. on August 7, India is celebrating its 6th National Handloom Day in memory of the Swadeshi Movement which was launched on the same day in 1905. On this day, India’s handloom weavers, from Kanjivaram to Pashmina, are recognised for their contribution to India. The Swadeshi Movement was launched to protest against the partition of Bengal by the British Government.

Prime Minister Shri Narendra Modi for declaring 7th August every year as National Handloom Day for the first time in 2015.

Exp. The Board of Control for Cricket in India on 6th August confirmed they have suspended the IPL title sponsorship deal with Chinese mobile giant VIVO for this year’s Indian Premier League amid widespread anti-China sentiment in India.

In 2017, VIVO had retained the IPL title sponsorship rights for five years from 2018 to 2022 with a whopping Rs 2,199 crore bid.

Exp. National Award-winning documentary “Son Rise” and Geetu Mohandas-directed “Moothon” had been among the many movies that took residence the massive honours at the 20th New York Indian Film Festival (NYIFF), which switched to a digital version this year amid the continued COVID19 pandemic.

The award ceremony for the pageant was held nearly Sunday, with the filmmakers, solid, award winners and pageant officers becoming a member of from throughout India and the US.

Exp. Airtel Payments Bank announced that it will offer Shop Insurance exclusively for its Retailers and Merchants.

Offered in partnership with Bharti AXA General Insurance, the Smart Plan Shop Package policy provides financial protection in case of damage to assets inside the shop due to fire and allied perils, burglary, etc. as covered in the product.

Exp. Capital: Maputo

Currency: Mozambican metical

Exp. About Maldives:

Capital– Male

Currency– Maldivian rufiyaa

President– Ibrahim Mohamed Solih