Roadmap for Banking of the Future
Current Affairs 06 August 2020
Daily Current Affairs 06 August 2020: We have collected the latest current affairs for 06 August 2020 that are important for all competitive exams like Bank, SSC, IBPS, SBI exams. The GK current affairs will help you score more in these competitive exams. Improve your general knowledge with our daily online current affairs. You can also read the daily current affairs on our mobile app.
India contributes USD 15.46 million to India-UN Development Partnership Fund
- India has contributed the next tranche of $15.46 million to the India-UN Development Partnership Fund on 4 August 2020, under its commitment to supporting developing nations in their developmental priorities across all the Sustainable Development Goals.
- This tranche of $15.46 million including $6 million for the overall fund, in which all developing countries are eligible for partnership, and $9.46 million is dedicated to Commonwealth countries.
- The cheque was handed over by India’s Permanent Representative to the UN Ambassador T S Tirumurti to the United Nations Office for South-South Cooperation (UNOSSC) Director Jorge Chediek.
India-UN Development Partnership Fund
- The India-UN Development Partnership Fund was established in 2017, to promote multilateralism and shared prosperity to support developing countries towards the realization of the 2030 Agenda for Sustainable Development.
- The fund is supported and led by the Government of the Republic of India, managed by the United Nations Office for South-South Cooperation (UNOSSC), and implemented in collaboration with the United Nations system.
- Till date 55 projects and proposals have been approved with a total contribution of $41.8 million towards a $150 million multi-year pledge to the India-UN Development Partnership Fund.
India has 4th highest unicorns globally at 21, valued at $73.2 billion, US with 233 unicorns tops: Hurun Global Unicorn List 2020
- On 4th August 2020, the Hurun Research Institute released Hurun Global Unicorn List 2020, a global ranking of the world’s billion-dollar tech startups founded in the 2000s, and not yet listed on a public exchange..
- The 2020 list is the second edition of the annual list and has ranked a total of 586 unicorns in the world, based in 29 countries and 145 cities.
- The total value of these unicorns adds to US$1.8 trillion, which is equivalent to the GDP of Italy.
- The average age of these unicorns is nine years. The valuations of the startups is as on March 31, 2020.
- The United States has the highest number of Unicorns, at 233, followed by China at 227. These two countries represents 80% of the world’s known unicorns.
- The United Kingdom was third with 24, followed by India at fourth position with 21 unicorns.
India in the list
- As per the latest ranking, India is home to 21 unicorns. The total value of these stands at $73.2 billion.
- Among all Indian unicorns, the Fintech company Paytm is India’s highest valued unicorn, at $16 billion.
- The top 10 Indian unicorns accounts for 78 percent of the total value of unicorns, while Paytm alone claims nearly 22 percent of the total valuation share of these unicorns.
- The average age of Indian unicorns is seven years.
- Ola Electric is the youngest unicorn on the list which was founded in 2017.
World’s top most startup
- Alibaba Group affiliate Ant Group is the world’s most valuable billion-dollar startup, valued at $150 billion
DNHDD launches E-Gyan Mitra mobile app for online education
- The Union Territory of Dadra and Nagar Haveli (DNH) and Daman and Diu (DD) has launched a mobile app named E-Gyan Mitra for online education, keeping in view the ongoing phase of Coronavirus pandemic.
- Through E Gyan Mitra, the students from primary till the higher secondary can take online classes and give there test too.
- The teachers will post the lectures and quiz for the students and the student can access those lectures with the help of mobile application, the teacher can monitor the progress of the students while the student can learn sitting at home .
Axis Bank launches first-of-its-kind AI Powered Voice Bot ‘AXAA’
- Axis Bank, India’s third largest private sector lender has launched an Artificial Intelligence powered conversational voice BOT called ‘AXAA’.
- What is a BOT??
- A BOT is basically a computer software, programmed and designed to interact with humans.
- For this, Axis bank has partnered with Bengaluru startup Vernacular.ai, an AI-based SaaS voice automation platform, to optimise voice AI solutions and help automate customer interactions through intelligent human-like dialogue.
- AXAA, the next-gen multilingual voice BOT, will assist customers to traverse through the Interactive Voice Response (IVR) system and address their queries and requests, without the need for any human intervention in most cases.
- AXAA can converse in both English, Hindi and Hinglish.
- In case AXAA is unable to cater to a particular customer query, she will direct the call directly to one of the expert service officers (a human assistant), minimizing the navigation time on conventional IVR.
Former Real Madrid & Spain goalkeeper Casillas announces retirement at 39
- The legendary Spanish footballer Iker Casillas, who played as goalkeeper for Real Madrid, has announced his retirement from professional football.
- The 39-year-old Casillas made 725 appearances for Real Madrid, during which he won three Champions League titles and five La Liga titles.
- He also helped Spain to win the 2010 World Cup and two successive European Championships in 2008 and 2012.
Hiroshima Day (Anti Nuclear Day/ Nagasaki Day) : 6 August
- Hiroshima Day takes place every year on August 6 to commemorate the day in August 1945 when an atomic bomb was dropped on the Japanese city of Hiroshima on August 6 by United States, followed a few days later by another drop on the city of Nagasaki on August 9.
- Although these bombings effectively ended World War II, the two cities were terribly destroyed and casualties were estimated at around 200,000, mostly civilians.
- This was the first time in the history of warfare when a nuclear bomb was used against a nation.
- The Day is observed to advocate, pray and work for a ban on all nuclear weapons and an end to war and violence through anti-war and anti-nuclear discussions and demonstrations around the world.
Former Union Home Secretary & Arunachal Pradesh Governor, Ram Pradhan passes away at 92
- The former Union Home Secretary Ram Pradhan has passed away due to age-related ailments. He was 92.
- Mr Pradhan served as the governor of Arunachal Pradesh during the Rajiv Gandhi government.
- Pradhan was an IAS officer of the Maharashtra cadre.
- He also headed a two-member committee set up in December 2008 to probe the security forces’ response to the 26/11 Mumbai terror attack.
Former Maharashtra CM Shivajirao Patil Nilangekar passes away at 89
- Former Maharashtra Chief Minister Shivajirao Patil Nilangekar has passed away after a prolonged illness due to old-age-related ailments. He was 89.
- Nilangekar, who was a senior Congress leader, served as the Maharashtra CM between June 1985 and March 1986.
- However, he was compelled to resign from the CM’s post following the detection of alleged fraud against him in the state medical college examinations in 1985.