1.Person in News

Hardayal Prasad becomes new MD & CEO of PNB Housing Finance

1 8 Daily Current Affairs Update | 11 August 2020

Hardayal Prasad has been appointed the new managing director and chief executive officer of PNB Housing Finance

He was the CMD of SBI Cards prior to this

He shall be succeeding interim CMD Neeraj Vyas

Quick Fact: The tagline of PNB Housing Finance is Ghar ki Baat

2.Person in News

PS Ranipse becomes new IG of CRPF

2 8 Daily Current Affairs Update | 11 August 2020

PS Ranipse has been appointed as Inspector General in Central Reserve Police Force (CRPF)

He is an IPS officer from the Odisha cadre

His term will last for a duration of five years from the date of joining.

QuickFact: Service and Loyalty is the motto of CRPF


KV Kamath committee: Suggestions related to COVID-19 related stressed assets

3 9 Daily Current Affairs Update | 11 August 2020

An expert committee under veteran banker KV Kamath has been set up by Reserve Bank of India (RBI)

The committee will suggest financial parameters for resolution of Covid-19 related stressed assets.

The other members of the committee are Diwakar Gupta, T N Manoharan and Ashvin Parekh and the Indian Banks’ Association CEO.

Quick Fact:  Shaktikant Das is the 25th Governor of RBI

4.Defence and Security

Kavkaz 2020: Indo-Russia Military Exercise

4 8 Daily Current Affairs Update | 11 August 2020

Russian Kavkaz 2020 is a multilateral military strategic command-post exercise

It will be held in Astrakhan, Russia

The exercise has been extended to at least 18 countries

Quick Fact: The Kavkaz 2020 exercise is also known as Caucasus-2020


New Book Release: Amazing Ayodhya: Authored by Neena Rai

5 8 Daily Current Affairs Update | 11 August 2020

A book titled ‘Amazing Ayodhya’ has been authored by Neena Rai

It deals with authentic information about the city of Ayodhya, giving an insight into the life and times of ancient Hindus

The book is publishing by house Bloomsbury.


Reliance Industries ranks 2nd in FutureBrand Index 2020

6 7 Daily Current Affairs Update | 11 August 2020

The FutureBrand Index 2020 analyses and ranks PwC’s Global Top 100 Companies in terms of financial strength

Reliance Industries and Samsung have ranked 2nd and 3rd rank globally in FutureBrand

Index 2020.

Apple Inc. has topped the FutureBrand Index 2020.

Quick Fact: Index is released by London based FutureBrand

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