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Saturday, August 8, 2020

DAILY GK 7 AUG 2020

 

DAILY GK 7 AUG 2020

 

1. GLOBAL REMITTANCES MAY LOSE $108.6 BN IN 2020

·        In accordance with the report by the Asian Development Bank (ADB) published on August 3, 2020 , if the economic impact of Covid-19 persists throughout the year then global remittances may fall by $108.6 billion in 2020.

·        As per the report, there is severe continuous impact of pandemic on the global economic systems and employment.

·        Migrant workers are in extreme situations while many others are facing scant job security and limited access to social assistance.

 

2. FUTUREBRAND INDEX 2020

·        FutureBrand Index 2020 was released, Reliance Industries Limited (RIL), Oil and Gas Company ranked as the Second Biggest Brand for its recognition associated with its growth, innovative products and customer service after Apple which topped the index.

·        Reliance Industries Limited is owned by Mukesh Ambani is one of the companies of the future among Nextera Energy, ASML and other high tech, renewable and ethical organisations.

·        Tata is ranked 65 for its technology business.

 

3. MANOJ SINHA APPOINTED AS LT GOVERNOR OF J&K

·        President of India, Ram Nath Kovind appointed Manoj Sinha(61 years old), former union minister and senior Bharatiya Janata Party (BJP) leader from Uttar Pradesh(UP) as Lieutenant(Lt) Governor of Jammu and Kashmir(J&K), effective from the date he assumes charge.

·        He succeeds Girish Chandra Murmu, the 1st Lt governor of the Union Territory(UT) of J&K who resigned on August 5, 2020.

·        August 5 marks the first anniversary of the abrogation of Article 370 of the Constitution that granted special status to J&K.

 

4. CHAIRMAN OF SEBI GETS ANOTHER 18 MONTHS EXTENSION

·        An order of Department of Personnel Training informed that the Appointments Committee of the Cabinet(ACC), Government of India (GoI), has approved another extension of Ajay Tyagi’s term as Chairman of Securities and Exchange Board of India(SEBI) for 18 months, with effect from(w.e.f)01.09.2020 up to 28.02.2022 or until further orders, whichever is earlier.

 

5. INDIAN RAILWAYS INTRODUCES OHE INSPECTION APP FOR REAL-TIME MONITORING

·        Indian Railways has launched an Overhead Equipment (OHE) Inspection app which will help in minimizing the train delays and long waits due to technical snags.

·        The app has been rolled out on a Pan India basis.

·        The Overhead Equipment (OHE) app will monitor the overhead wire in real-time and if there are any defects in it, it will alert the Indian Railways.

·        Global Positioning System (GPS) based tracking of the patrolman.

 

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