Current Affairs : 31-08-2020 in English


  • On 28 August, this bank has launched an initiative to digitise its entire credit delivery system - Bank of Maharashtra.


  • This Indian bank has got global recognition for its HR initiative 'Nayi Disha' which won three Brandon Hall Excellence Awards - State Bank of India (SBI).
  • This country issued a decree to formally end its boycott of Israel to normalize relations between the two countries - United Arab Emirates (UAE).


  • Winner of the Silver Award in the 7th Exceed Environment Award under Environment Preservation category in the power sector - Bhakra Beas Management Board (BBMB).
  • New scheme of the Union Social Justice and Empowerment Ministry, whereby people from underprivileged sections who have taken bank loans will get five percent subsidy per annum through direct cash transfer - VISHVAS (Vanchit Ikai Samooh aur Vargo Ke Liye Arthik Sahayta Yojana).
  • Karnataka Chief Minister BS Yediyurappa flagged off Roll-On/Roll-Off (RO-RO) train between Bengaluru (Nelamangala) to - Solapur (Maharashtra).
  • This telecom company has joined hands with IIT Bombay and Yupp Master to launch the Drone Education initiative, an e-learning program - BSNL.

Persons in News

  • First person in Jharkhand who was awarded Leader III certificate by Special Olympics International (SOI) - Satbir Singh Sahota.
  • First Indian who won Holman Prize 2020 from the LightHouse for the Blind, USA - Tiffany Brar (vision-impaired and founder of Jyothirgamaya Foundation, Thiruvananthapuram).
  • Indian investigative journalist who won One Young World's Journalist of the Year award for 2020 - Neha Dixit.

General Knowledge

  • First blind person who circumnavigate the globe - James Holman.
  • World Bank – Founded: 1944; Headquarters: Washington, D.C., USA.
  • Islamic Development Bank (IsDB) – Founded: 1975; Location: Jeddah, Saudi Arabia.
  • Asian Development Bank (ADB) – Founded: 19 December 1966; Headquarters: Mandaluyong, Philippines.
  • African Development Bank Group (AfDB) – Founded: 10 September 1964; Headquarters: Abidjan, Côte d'Ivoire.
  • New Development Bank (NDB) (formerly BRICS Development Bank) – Founded: 2015; Headquarters: Shanghai, China.

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