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Current Affairs One-Liner: 13th August 2020

Published on August 13, 2020
  • ‘Positive Pay’ Feature: It is the fraud prevention system launched by Reserve Bank of India. The feature is launched for cheques of value Rs 50,000 and above. The feature helps to avoid frauds due to cheques. The limit of Rs 50,000 will cover approx. 20% of transactions by volume and 80% by value. 
  • Static Part: 
    • HQ of RBI: Mumbai
    • Governor of RBI: Shaktikanta Das
  • Reserve Bank of India has given approval to South Indian Bank (SIB) to set up a wholly-owned non-financial subsidiary.

Current Affairs One-Liner: 13th August 2020

  • Static Part: 
    • HQ of SIB: Thrissur, Kerala
    • MD and CEO of SIB: V G Mathew
    • Tagline of SIB: Experience Next Generation Banking
  • India and Maldives signed MoU to develop 5 eco-tourism zones in Addu atoll of Maldives.
  • Static Part: 
    • Capital of Maldives: Male
    • Currency of Maldives: Maldivian Rufiyaa
  • ‘The highest-paid actors 2020’ list: Forbes Magazine has released the list of ‘The highest-paid actors 2020’. The list is topped by Swayne Johnson. From India, Akshay Kumar is placed at sixth position in the list. 
  • Mumbai becomes the first city in India to have female icons representation on traffic signals and signage.
  • Important Day: 12th August- World Elephant Day
  • Awards and Recognitions: Nitin Sethi and Shiv Sahay Singh- They have received Asian College of Journalism’s (ACJ) Award 2019 for their Investigative Journalism and K.P. Narayana Kumar Memorial Award for Social Impact Journalism.
  • Obituaries: GK Menon- He was a sports journalist.
  • ‘Transparent Taxation-Honoring the Honest’ Platform
  • ‘Paytm All-in-One Portable Android Smart POS’
  • ‘India@75 Summit-Mission 2022’
  • Appointments on 13th August 2020
  • Mukhya Mantri Kisan Sahay Yojana--Gujarat


Q.1 The ‘Positive Pay’ feature of RBI will ensure safety to which of the following?
a. Digital Banking
b. Cheques
c. Loan
d. Cash Deposit and Withdrawal

Q.2 Who among the following topped the list of ‘The highest-paid actors 2020’ released by Forbes Magazine?
a. Ryan Reynolds
b. Dwayne Johnson
c. Vin Dielsel
d. Ben Affleck

Q.3 Which is the first city in India to have female icons representation on traffic signals and signage?
a. Noida
b. Bengaluru
c. Kolkata
d. Mumbai
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