Roadmap for Banking of the Future
Current Affairs 23 August 2020
Daily Current Affairs 23 August 2020: This post contains the latest current affairs for 23 August 2020 that are important for all competitive exams like Bank, SSC, IBPS, SBI exams. You can improve your general knowledge with our daily online current affairs. You can also read the daily current affairs on our mobile app.
National News
Ram Vilas Paswan launches online system of Registration and Renewal for Jewellers and online system of recognition and renewal of Assaying and Hallmarking (A&H) Centers
- The Union Minister for Consumer Affairs, Food & Public Distribution Shri Ram Vilas Paswan virtually launched the online system of Registration and Renewal of Jewellers as well as online system of recognition and renewal of the Assaying and Hallmarking Centres.
- This online system can be accessed through Bureau of Indian Standards web portal www.manakonline.in.
- Currently, gold hallmarking is voluntary in nature, but it will be made mandatory from June 2021, after which, the Gold sold by jewellers will need to have ‘hallmark’ quality certification.
- Therefore the government has launched this online system, because it would not be possible to handle so many proposals for registration in an efficient manner manually.
- The online system will ensure that applications to set up a new centre or renew the existing licence can be submitted online.
Chhatarpur Police of Madhya Pradesh launches ‘Ek Sankalp – Bujurgo ke naam’ campaign for senior citizens amid corona pandemic
- In Madhya Pradesh, the Chhatarpur Police has launched a unique campaign named ‘Ek Sankalp – Bujurgo ke naam’ (‘a commitment for elders’), to take care of the elderly and helpless people, from the food to their health, in the midst of deadly corona infection.
- Under the campaign 3000 senior citizens of the district have been selected by the police whose children are away from them and they are living alone in the home.
- A helpline number has been released, through which the elderly can call and ask for help.
Banking and Economy
Axis Bank launches hiring initiative named ‘Gig-a-Opportunities’
- Axis Bank has launched an initiative named ‘Gig-a-Opportunities’. The initiative aims to attract skilled talent that can work with the bank remotely, from anywhere in the country.
- This hiring model comprises two working patterns. One is the full-time permanent job and the second is based on the duration of a project and is temporary in nature.
- Axis Bank aims to employ 800-1000 people over the next under this initiative.
National Strategy for Financial Education: 2020-2025 released
- The second edition of National Strategy for Financial Education (NSFE): 2020-2025 has been released. The first edition of NSFE was for the period 2013-2018.
- NSFE: 2020-2025 has been prepared by National Centre for Financial Education (NCFE) in consultation with the four Financial Sector Regulators- RBI, SEBI, IRDAI and PFRDA and other relevant stakeholders.
- It has been prepared under the aegis of the Technical Group on Financial Inclusion and Financial Literacy under the Chairmanship of Shri M. K. Jain, Deputy Governor, RBI.
- The NSFE document intends to support the Vision of the Government of India and Financial Sector Regulators by empowering various sections of the population to develop adequate knowledge, skills, attitude and behaviour which are needed to manage their money better and plan for their future.
- The Strategy has recommended a ‘5 C’ approach for dissemination of financial education in the country. The ‘5 C’ approach of the strategy includes:
- Content: emphasis on the development of relevant Content in the curriculum in schools, colleges and training establishments,
- Capacity: developing Capacity among intermediaries involved in providing financial services,
- Community, Communication, and Collaboration: leveraging the positive effect of Community-led model for financial literacy through appropriate Communication strategy, and, enhancing Collaboration among various stakeholders.
Appointment
Former Finance Secretary Rajiv Kumar Appointed as new Election Commissioner
- Former Finance Secretary Rajiv Kumar has been appointed as the new Election Commissioner.
- Mr Kumar, a retired 1984 batch Indian Administrative Service officer from Jharkhand cadre, will take charge on 31 August 2020.
- He will replace the incumbent Election Commissioner Ashok Lavasa, who has resigned with effect from August 31, 2020, to join Asian Development Bank as its vice president.
- Chief Election Commissioner of India – Sunil Arora
- The other Election Commissioner – Sushil Chandra
Books & Author
Book titled “Who painted my lust red?” authored by Sree Iyer launched
- A book titled “Who painted my lust red?” that has been authored by Sree Iyer has been launched.
- The book is something about when Bollywood meets Cricket meets Politicians.
- This is the second book in this series of Sree Iyer’s Money Trilogy series. The first book was “Who painted my money white?”
Sports
5 Sportsperson to be awarded Khel Ratna 2020
- Five sportspersons will be awarded the Rajiv Gandhi Khel Ratna Award 2020 this year. These are:
- Rohit Sharma– Cricketer (4th cricketer after Sachin Tendulkar, MS Dhoni, and Virat Kohli to win this)
- Vinesh Phogat– Wrestler
- Manika Batra– Table Tennis player
- Mariyappan Thangavelu– Para Athlete
- Rani Rampal– Hockey Player
- They will receive the award on National Sports Day on August 29. This is for the first time that 5 players have been selected for this award.
- Apart from this 27 sportsperson have been selected for the ARJUNA AWARD 2020.
- Click Here to view list of various other winners under various category of National Sports Awards 2020
Ronnie O’Sullivan beat Kyren Wilson to win his sixth World Snooker Championship
- Five-time champion Ronnie O’Sullivan beat world No 8 Kyren Wilson to win the World Snooker Championship 2020 and his sixth overall World Championship title.
- Nicknamed as ‘The Rocket’, O’Sullivan claimed the Championship crown with an emphatic 18-8 victory in best-of-35-frame match against Wilson, a first-time finalist.
- This win has made him the oldest world champion at the age of 44, ever since Welsh legend Reardon lifted the trophy in 1978 at the age of 45 years and 203 days.best-of-35-frame match against Wilson, a first-time finalist,
Important Days
International Day for the Remembrance of the Slave Trade and its Abolition : 23 August
- International Day for the Remembrance of the Slave Trade and its Abolition is a UNESCO designated day held every year on August 23 to memorialize the transatlantic slave trade.
- It was on the night of 22 and 23 August 1791, in Santo Domingo (today Haiti and the Dominican Republic) that saw the beginning of the uprising that would play a crucial role in the abolition of the transatlantic slave trade.
- It is a day to honour the memory of the men and women who, in Saint-Domingue in 1791, revolted and paved the way for the end of slavery and dehumanization.