Top Best Current Affairs 27 August 2020

On 24th August 2020, Pascal Lissouba, former President of Republic of Congo, which is also known as Congo-Brazzaville passed away at the age of 88 in Southern France due to illness. He was born in Tsinguidi, Republic of Congo.He belonged to the Pan-African Union for Social Democracy (UADS) party.

On August 25, 2020, the World Health Organisation declared Africa polio-free. The disease is now found only in Afghanistan and Pakistan. Highlights Nigeria is the last African country to be declared free from wild polio. More than 95% of Africa population have now been immunised. This was the major condition set by the Regional Certification.

On August 24, 2020, in accordance with the Inter-University Centre for Astronomy and Astrophysics (IUCAA) in Pune, Maharashtra, India's first multi- wavelength satellite observatory, ASTROSAT, has detected an extreme ultraviolet (UV) light from a galaxy called "AUDFs01" which is 9.3 billion light-years away from Earth. The galaxy is located in the Hubble Extreme Deep field (XDF).

The Government of Himachal Pradesh (HP) has signed a Memorandum of Understanding (MoU) worth Rs110 Crores with Micro Tek New Technologies Private Ltd for setting up an Electronics Manufacturing Unit at Baddi, Solan District, Himachal Pradesh. The MoU was signed by Director of Industries, Himachal Pradesh, Hans Raj Sharma and Subodh Gupta,Chairman of MicroTek New Technologies Private Ltd.

On August 25, 2020, Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, has signed two MoUs (Memorandum of Understanding) one each with AFC ((formerly Agricultural Finance Corporation Ltd) India Limited, and National Cooperative Union of India (NCUI), Delhi for working together in the interest of agriculture and allied sectors.

On August 24, 2020, a quartet loan agreement was inked between Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation (MRVC) and the Asian Infrastructure Investment Bank (AIIB) for Mumbai Urban Transport Project-III. The agreement aims to improve the network capacity, reduction in journey time and fatal accidents of commuters, service quality and safety of the suburban railway system in Mumbai, Maharashtra.

Axis Bank Ltd(Axis Bank) to acquire 17%(17.002%) of the equity share capital in Max Life Insurance(Max Life), instead of 29%. After the transaction, the total ownership of Axis bank in Max Life will be 18%. The parties have executed definitive agreements.

World Gujarati Day 2020 is celebrated on 24th August 2020 to commemorate the birth anniversary of the famous Gujarati poet and social reformer, Narmadashankar Dave popularly known as Veer Narmad. The world Gujarati day is dedicated to the Gujarati language and literature.