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Current Affairs 11 August 2020
Daily Current Affairs 11 August 2020: We have collected the latest current affairs for 11 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.
Banking News
NPCI launches omni-channel loyalty platform ‘nth Rewards’
- The National Payment Corporation of India (NPCI) has launched a loyalty platform named ‘nth Rewards’. Here nth represents “infinite possibilities”.
- It is an analytics-enabled omnichannel multi-branded loyalty platform. It allows users to earn “nth” (infinite) loyalty points through various bank transactions. These rewards point can be redeemed for various purposes including online shopping.
- Customers will earn loyalty points on almost every transaction made digitally, especially while using the credit and debit cards. ‘nth Rewards’ platform has a smart dashboard for users where they can see their points accumulation.
National News
KVIC’s first Silk Training-cum-Production Centre to be launched in Arunachal
- The Khadi and Village Industries Commission (KVIC) is going to launch the first-of-its kind training-cum-production centre of silk in the state of Arunachal Pradesh.
- The Silk Training cum Production Center will be opened in the far-flung tribal village of Chullyu in Arunachal Pradesh and is set to give a big boost to weaving activities in the entire region.
- The Center will be launched in the first week of September.
- 25 local artisans of Chullyu village has been selected under the first batch for training.
- The KVIC has refurbished and converted a dilapidated school building into the training cum production centerwhich was provided to KVIC by the education department of the Arunachal Pradesh Government.
PM Modi launches submarine cable connectivity project between Chennai and Andaman & Nicobar Islands (CANI)
- Prime Minister Narendra Modi launched and dedicated to the nation, the first ever submarine (undersea) Optical Fibre Cable (OFC) connectivity between Chennai and Andaman and Nicobar Islands (CANI project) on 10 August 2020 through video conferencing.
- This state of the art project will connect Andaman & Nicobar Islands to the mainland and provide high speed broadband connections in the Union Territory at par with services in the mainland.
- The foundation stone for this 2300 Kms submarine cable project was laid by the PM on 30 December 2018 at Port Blair.
- The OFC will deliver 2x 200 Gbps between Chennai and Port Blair along with 2×100 Gbps between Port Blair and other islands. The service has already begun from Chennai to Port Blair, Port Blair to Little Andaman and Port Blair to Swaraj Island.
- Currently, the A&N are connected to the Indian mainland through satellite link with limited bandwidth capacity and high amounts of delay.
- The present satellite link capacity is merely 3.2Gbps, while the OFC would be able to provide a bandwidth of 400Gbps (over 100 times the existing capacity) at its initial stage of commissioning.
Chhattisgarh CM Bhupesh Baghel launches Indira Van Mitan scheme to make forest-dwellers self-reliant
- The Chhattisgarh Chief Minister Bhupesh Baghel launched ”Indira Van Mitan Yojana” on 9 August 2020, on the occasion of the World Tribal Day, to bring prosperity to forest dwellers (especially tribal) by opening up self-employment opportunities.
- Under the ‘Indira Van Mitan scheme, a dedicated groups of youth will be constituted in around 10,000 villages in tribal-dominated areas to manage forest-based economic activities.
- Each group will consist of 10 to 15 members.
- Each of the youth groups will look after procurement, processing and marketing of forest produce in scheduled areas.
- The state government will set up forest produce processing units in every development block of the scheduled areas, at an estimated cost of Rs 10 lakh for each unit.
- An amount of Rs 8.50 crore will be spent for forest produce processing units in 85 development blocks.
- The plantation of fruit-bearing and medicinal plants will be encouraged in forest areas
Bihar Pollution Control Board signs MoA with IIT Delhi for air quality management
- The Bihar State Pollution Control Board has signed a ‘Memorandum of Agreement’ (MoA) with IIT Delhi to set up geographical information system (GIS) based platform to check air quality management in the state.
- IIT Delhi will help the state to set up a comprehensive architecture for scientific analysis of air pollution and monitoring and provide know-how to develop in-house capacity for data analysis.
- The project will help in identifying sources and transport (local hot spot) of particulate matter PM 2.5 in the non-attainment cities like Patna, Gaya and Muzaffarpur and help the board to identify effective mitigation measures.
- The project will not only identify geographical areas with poor air quality based on statistical and spatial data, but will also enable to locate the source of air pollutants in those areas.
Obituary
Legendary WWE wrestler James ‘Kamala’ Harris passes away at 70
- Legendry American WWE player, James Harris, popularly known as James “Kamala” Harris, has passed away.
- He was 70.
- Harris made his debut with the World Wrestling Federation (WWF) in 1984 and was best known for his appearances in the World Wrestling Federation (WWF) era, in the mid-1980s and early 1990s.
- He was nicknamed as “The Ugandan Giant”
- He has fought with great superstars in sports-entertainment history, like Hulk Hogan, The Undertaker and Andre the Giant among others.
Former Congress leader and eight-time MP, Nandi Yellaiah, passes away of COVID-19 at 78
- A senior Congress leader and eight-time Member of Parliament from Telangana, Nandi Yellaiah has passed away due to Covid-19. He was 78.
- Yellaiah was the vice-president of the Telangana Pradesh Congress Committee. (TPCC).
- He was a six-term member of Lok Sabha and two-time Rajya Sabha member.
- Yellaiah was elected to the Lok Sabha for the first time in 1977, from Siddipet (s.c) parliamentary constituency. Subsequently, he won Lok Sabha elections from the same constituency four more times.
- In 2014, he was elected from the Nagarkurnool