Current Affairs : 26-08-2019 in English

Economy

  • As announcement made on August 23 by Finance Minister, National Housing Bank (NHB) will offer additional liquidity support of this much amount to housing finance companies (HFCs) - Rs 20,000 crore.
  • On 23 August 2019, the Insurance Regulatory and Development Authority of India (IRDAI) has begun pilot projects to nudge vehicle owners to renew their vehicle insurance in - four states including Maharashtra.
  • On 23 August 2019, this IT company and Indian School of Business (ISB), Hyderabad have signed MoU to set up an AI (Artificial Intelligence) Digital Lab  - Microsoft.

International

  • G-7 summit 2019 will be held from August 25 to 26 in – Biarritz, France.

Persons in News

  • CEO of Tata Digital, new digital venture of Tata Sons - Pratik Pal.

Sports

  • Winner football team of the 129th Durand Cup in Kolkata - Gokulam Kerala FC (defeated Mohun Bagan).
  • World Archery Youth Championships 2019 is being held in - Madrid, Spain.

State Current Affairs

  • This state government signed a Memorandum of Understanding (MoU) with the Airports Authority of India for the development of Kalaburagi airport - Karnataka.

General Knowledge

  • Insurance Regulatory and Development Authority of India (IRDAI) - Opened up in: August 2000; Headquarters: Hyderabad, Telangana.
  • Karnataka – Formed on: 1 November 1956; Capital: Bangalore.
  • World Archery – Founded in: 1931 (04 Sept); Headquarters: Lausanne, Switzerland.
  • Group of Seven (G-7) was founded in – 2014.
  • Members of the Group of Seven (G-7) - Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
  • National Housing Bank (NHB) in India – Founded in: 1988 (09 Jul); Headquarters: New Delhi.

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