Current Affairs for BANK, IBPS Exams - 20 August 2021

Bank Exam Current Affairs



Current Affairs for BANK, IBPS Exams - 20 August 2021



::NATIONAL::

Health Minister Mansukh Mandaviya launched ArogyaDhara 2.0 to increase the reach of Ayushman Bharat PradhanMantri Jan ArogyaYojana (AB-PMJAY)

  • Health Minister MansukhMandaviya on Wednesday inaugurated ArogyaDhara 2.0 to increase the reach of Ayushman Bharat - Jan ArogyaYojana and create more awareness about the scheme. The minister launched three initiatives — AdhikarPatra, AbhinandanPatra, and AyushmanMitra.
  • AdhikarPatra will be issued to the beneficiaries during their hospital admissions for treatment under the PM-JAY scheme to make them aware about their rights so that they can claim free and cashless health care services.  
  • The AbhinandanPatra, is a ‘thank you note’ that will be issued to the beneficiaries during their discharge after the treatment under PM-JAY.

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::International::

China passes new online privacy law

  • China's National People's Congress on Friday passed a law designed to protect online user data privacy and will implement the policy from Nov. 1, according to state media outlet Xinhua.
  • The law's passage completes another pillar in the country's efforts to regulate cyberspace and is expected to add more compliance requirements for companies in the country.
  • China has instructed its tech giants to ensure better secure storage of user data, amid public complaints about mismanagement and misuse which have resulted in user privacy violations.
  • The law states that handling of personal information must have clear and reasonable purpose and shall be limited to the "minimum scope necessary to achieve the goals of handling" data.
  • It also lays out conditions for which companies can collect personal data, including obtaining an individual's consent, as well as laying out guidelines for ensuring data protection when data is transferred outside the country.
  • The law further calls for handlers of personal information to designate an individual in charge of personal information protection, and for handlers to conduct periodic audits to ensure compliance with the law.

::Economy::

Defense Minister Rajnath Singh launched the 5th edition of Defense India Start-up Challenge (DISC) under Innovations for Defense Excellence – Defense Innovation Organization (iDEX-DIO)

  • RakshaMantriShriRajnath Singh launched Defence India Startup Challenge (DISC) 5.0 under Innovations for Defence Excellence - Defence Innovation Organisation (iDEX-DIO) through video conferencing on August 19, 2021. Thirty five Problem Statements – 13 from the Services and 22 from Defence Public Sector Undertakings (DPSUs) – were unveiled under DISC 5.0. These are in areas such as Situational awareness, Augmented Reality, Artificial Intelligence, Aircraft-trainer, Non-lethal devices, 5G network, Under-water domain awareness, Drone SWARMS and Data Capturing. The Problem Statements, designed to ensure military advantage in the foreseeable future, are the highest in any edition, so far.
  • Lauding the efforts of iDEX-DIO, ShriRajnath Singh, in his address, termed DISC 5.0 as another step towards independence in the defence sector as the launch comes at a time when the country is celebrating ‘AzadikaAmritMahotsav’. Stating that DISC 5.0 is a reflection of Government’s resolve of creating an ‘AatmaNirbhar’ defence sector, he exuded confidence that this challenge will move forward from its earlier editions and take innovation, design & development to newer heights. He shed light on the previous four editions of DISC and said that more than 80 startups, MSMEs and individual innovators have joined as winners in over 40 technological areas. He added that modern and futuristic problem statements launched in DISC 5.0 demonstrate the confidence of young entrepreneurs and innovators in DISC.
  • The RakshaMantri underlined the importance of creating a strong, modern & well-equipped military and an equally capable & self-reliant defence industry, given the rapidly changing geo-political and security scenario in the world. To realise this vision, he said, iDEX is playing a crucial role by providing a platform wherein the Government, Services, think tanks, industry, startups and innovators can work together to help the defence& aerospace sectors reach full potential.

::Science and tech::

DRDO develops advanced chaff technology to protect Indian Air Force fighter jets against enemy radar threats

  • Defence Research & Development Organisation (DRDO) in India has developed an advanced chaff technology for Indian Air Force (IAF) fighter jets.
  • Chaff is a critical defence technology that is used to protect fighter aircraft from hostile radar threats. Fewer chaff materials in the air can serve as a decoy to deflect the enemy’s missiles, safeguarding the jets during missions.
  • The advanced chaff material and chaff cartridge-118/I was developed by DRDO units Defence Laboratory Jodhpur and High Energy Materials Research Laboratory (HEMRL).
  • IAF has already started the process of inducting the technology after it met its qualitative requirements during user trials.
  • A Ministry of Defence statement said: “The technology has been given to the industry for production in large quantities to meet the annual rolling requirement of the Indian Air Force.”
  • Following the development, Indian Defence Minister Rajnath Singh congratulated DRDO, IAF and the industry. DRDO chairman Dr G Satheesh Reddy also lauded the team and opined that the adoption of new chaff technology will further strengthen the IAF.

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