Top Best Current Affairs 4 August 2020

The United States President Donald Trump on August 3, 2020 signed an executive order to restrict H1B Visa use. The order will restrict the federal agencies from contracting or subcontracting the foreign workers, affecting Indian IT professionals who have been working in the US on H1B Visa.

The United Arab Emirates (UAE) has become the first gulf nation to produce nuclear energy. Unit 1 of the Abu Dhabi-based Barakah nuclear power plant has become operational.

The state government of Andhra Pradesh(AP) signs a memorandum of Understanding(MoU) with three International FMCG (Fast-moving consumer goods) companies- Hindustan Unilever Ltd (HUL), ITC ltd., and Procter and Gamble (P&G) to provide marketing and technological support for the economic empowerment of the women and to make them self-reliant. AP is set to launch two schemes YSR Cheyutha and YSR Asara to support the empowerment of women.

The Reserve Bank of India(RBI) has approved Sashidhar Jagdishan as the next Managing Director(MD) and Chief Executive Officer(CEO) of HDFC Bank for a period of 3 years, effective from October 27, 2020 under Section 35B of the Banking Regulation Act 1949. He will succeed Aditya Puri, the bank's longest serving CEO(26 years- since September 1994).

Healthcare Technology Innovation Centre(HTIC) of Indian Institute of Technology Madras (IIT Madras) in partnership with Helyxon Healthcare Solutions Private Limited, a healthcare startup in IIT Madras jointly developed a first of its kind remote patient monitoring device for COVID-19. The device was engineered based on the clinical input to provide a low cost, simple and easy to use device to monitor the patients from anywhere at the hospital or home.

As part of a social commitment to compensate the unprecedented expenses of ordinary people, Canara bank has partnered with 3 insurers namely, New India Assurance Company Ltd, Bajaj Allianz General Insurance Co Ltd and HDFC ERGO Health Insurance to offer individual short-term Corona Kavach policy to cover their COVID-19 related health expenses.

Ebrahim Alkazi, the first Director of the National School of Drama (NSD), passed away on 4th August 2020. Alkazi was considered as the Father of modern Indian theatre. He was 94 years old. He was also an art connoisseur, collector, and gallery owner. Alkazi founded the Art Heritage Gallery in New Delhi. Ebrahim Alkazi assumed charge of the National School of Drama in the year 1962. He was the longest-serving director of the school.

The Mumbai Division of Central Railway (CR), designed a health assistant robot "Rakshak" that communicates between doctor and patient remotely. The Robot was developed in-house at EMU (Electric Multiple Unit) car shed by Sunil Bairwa, Senior Divisional Electrical Engineer and his team in Kurla, Mumbai section of the Central Railway. The main objective of building the robot is to avoid spreading of the COVID-19 virus among people.