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Important Current Affairs 28th August 2020

National

Government announces 7 new circles of Archaeological Survey of India

• The Ministry of Culture, India has announced 7 new circles of Archaeological Survey of India (ASI). Prahlad Singh Patel, Culture and Tourism Minister in a video message informed about the decision.

• These 7 new circles are Raiganj, Trichy, Rajkot, Jhansi, Jabalpur, Meerut & Hampi. This new addition takes the total number of ASI circles across India to 36. The move is aimed at strengthening process of preservation of the archaeological monuments.

Banking and Economy

Axis Bank introduces ‘Axis Liberty Savings Account’ for millennial customers

• The private sector lender Axis Bank has launched a new savings account called the ‘Axis Liberty Savings Account’, with focus on millennial customers.

• The product is aimed at salaried professionals under the age of 35, because they are digitally savvy, well-informed and are on the look-out for offers and deals which they compare before choosing.

Awards

Dutch author Marieke Lucas Rijneveld wins International Booker Prize 2020

• The International Booker Prize 2020 has been won by Dutch author Marieke Lucas Rijneveld for her debut novel ‘The Discomfort of Evening’.

• The novel has been translated from Dutch to English by Michele Hutchison.

• The £50,000 prize ($66,000) will be split equally between the author and translator to give equal recognition to both.

• The 29-year-old Dutch writer Marieke Lucas Rijneveld is the youngest author to win the International Booker Prize

Science and Technology

Class 9 student from Manipur develops mobile game ‘Coroboi’ amid C-19 pandemic

• A 13-year old boy from Manipur, Baldeep Ningthoujam has developed a mobile game named Coroboi amid C-19 which became a popular android based game worldwide.

• The game which was launched in google play store has become one of the most popular searches and download games.

Obituary

Computer Pioneer Arnold Spielberg passes away

• Arnold Meyer Spielberg, a pioneered computer designer & an innovative engineer passed away at the age of 103. Spielberg and Charles Propster designed the GE-225 mainframe computer in the late 1950s while working for General Electric.

•  The machine allowed computer scientists at Dartmouth College to develop the programming language BASIC, which would be essential to the rise of personal computers in the 1970s and ‘80s.

• Spielberg helped to develop the 1st point-of-sale computerised cash register, it is regarded as his greatest contribution.

• He designed and patented the 1st electronic library system, which was implemented as an interrogation system for data stored on an array of magnetic tapes.

Appointments and Resignations

TikTok CEO Kevin Mayer resigns

• Kevin Mayer resigns as Chief Executive Officer (CEO) of TikTok. His resignation comes just less than 3 months after his appointment.

• For now, Vanessa Pappas, the General Manager of TikTok North America, will take over as the interim head of the company.

Sanjiv Singh joins Reliance as Group President

• Former Indian Oil Corp (IOC) chairman Sanjiv Singh has joined Reliance Industries Ltd as Group President.

• Sanjiv will lead and drive the Group manufacturing services (GMS) organisation which is the backbone of our oil-to-chemicals business

Ranking

Jeff Bezos becomes first person to hit a net worth of $200 million

• Jeff Bezos, Amazon CEO on August 26, 2020, became the first person in the world to hit a net worth of $200 million.

• Earlier in August 2020, Jeff Bezos had sold shares worth $3.1 billion in the e-commerce company.

Days

World Water Week 2020 observed on 24-28 August

• The World Water Week is an annual global event organized by Stockholm International Water Institute (SIWI) since 1991 to address the planet’s water issues and related concerns of international development.

• The World Water Week 2020 has been organised from 24-28 August in virtual format due to the C-19.

• The theme for World Water Week 2020 at Home is ‘Water and Climate change: Accelerating Action’.

Books and Authors

Army Chief releases book on National Security

• Indian Army Chief, General Manoj Mukund Naravane has released a book titled “National Security Challenges: Young Scholars’ Perspective” penned by university students, ranging from the undergraduate level to doctoral candidates.

• The book published by the Army think-tank Centre for Land Warfare Studies (CLAWS).

• The book is a collection of the 2018-2019 Field Marshal Manekshaw Essay Competition (FMMEC) award-winning and few select essays, which are divided into three themes, namely: Conceptual understanding and facets of India’s national security; Technological evolution, cyber threats and security and national, regional and global experiences.

Book on renowned Cricket Coach Vasoo Paranjape titled ‘Cricket Drona’ to be released on September 2

• A book titled ”Cricket Drona” which is based on the life of one of India’s most respected cricket coaches, Vasoo Paranjape, is scheduled to be released on 2 September 2020.

• The book is published by Penguin.

• It has been co-authored by Paranjape’s son, former India player and current national selector Jatin along with cricket journalist Anand Vasu.

Running Toward Mystery: The Adventure of an Unconventional Life’ Book by Tenzin Priyadarshi and Zara Houshmand

• The book titled ‘Running Toward Mystery: The Adventure of an Unconventional Life’ is an account by Tenzin Priyadarshi, president and CEO of The Dalai Lama Center for Ethics and Transformative Values at the Massachusetts Institute of Technology, of his lifelong journey as a seeker.

• Co-written with Iranian American author and literary translator Zara Houshmand.

• In “Running Toward Mystery, Priyadarshi shares his thoughts on science and technology, meditation and spiritual disillusionment, and the relationship between Buddhism and the modern world.

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