Top Best Current Affairs 29 August 2020

On 27th August 2020, the Association of Indian Football Coaches (AIFC) and Football Coaches Australia(FCA) signed a Memorandum of Understanding(MoU) to support the development of football in both India and Australia.

On August 25, 2020, Reserve Bank of India (RBI) announced a simultaneous purchase and sale of government securities (G-Secs) under open market operations (OMO) for an aggregate amount of Rs 20,000 crore in two equal tranches of Rs 10,000 crore on August 27, 2020 and September 03, 2020 on account of current and evolving liquidity and market conditions.

Arnold Spielberg(Full Name- Arnold Meyer Spielberg), a Pioneered computer designer & an innovative engineer passed away at the age of 103 in Los Angeles, California of natural causes. He along with Charles Propster designed(in late 1950s) the GE-225 mainframe computer, while he worked for General Electric. He is the father of filmmaker Steven Spielberg. He was born in Cincinnati, Ohio, on February 6, 1917.

Innoviti Payment Solutions Pvt. Ltd.(Innoviti) and Visa have partnered to develop an installment platform, which will enable the issuers to extend credit to their cardholders at face-to-face Point of Sale(PoS) in India.

Bajaj Allianz Life Insurance Company Limited has launched 'Smart Assist', a 1st of its kind technology service in the insurance industry. Through a secure screen sharing feature, the service allows the customers to connect with the company to avail real-time assistance on completing the purchase anywhere. It helps the customers to know about product details while enjoying virtual assistance and maintaining social distance protocol.

On 27th August, 2020 Union Minister for Commerce and Industry, Piyush Goyal e-launched the National GIS(Geographic Information System)-enabled Land Bank system (https://iis.ncog.gov.in/parks) for six states. The platform will provide a database of industrial areas/clusters across the country and will serve as a one-stop solution to the free and easy accessibility of all industrial information.

On 26th August 2020, Ericsson, Swedish Telecom Company, partnered with United Nations Children's Fund(UNICEF) to map internet connectivity landscape for schools in 35 countries by the end of 2023 to provide digital learning access to the children.

On 27th August, 2020 Defence Minister Rajnath Singh launched Directorate General National Cadet Corps (DGNCC), a mobile training app which will help in conducting a countrywide online training for the National Cadet Corps (NCC).