1.Person in News

Rakesh Asthana appointed DG of BSF

1 16 Daily Current Affairs Update | 20 August 2020

Rakesh Asthana has been appointed the new director-general of the Border Security Force (BSF).

He will be succeeding DG of Indo-Tibet Border Police (ITBP) S S Deswal in this role

Rakesh Asthana is currently heading the Bureau of Civil Aviation Security (BCAS) along with an additional charge of Narcotics Control Bureau (NCB)

Quick Fact: BSF’s motto is Duty Unto Death

2.Person in News

GP Garg appointed SEBI’s new executive director

2 16 Daily Current Affairs Update | 20 August 2020

Securities and Exchange Board of India (SEBI) has appointed GP Garg as its executive director (ED)

He had joined SEBI in 1994 and has worked on SEBI’s initiatives on financial literacy and investor education

Before this, he was also SEBI’s Chief General Manager

Quick Fact: Ajay Tyagi is the Chairman of SEBI


Bulldex: India’s first bullion index

3 17 Daily Current Affairs Update | 20 August 2020

India’s first bullion index named Bulldex has been launched by Multi Commodity Exchange of India (MCX)

Bullions, viz. gold and silver are already being traded as individual commodities on MCX

MCX is India’s largest commodity derivatives exchange

Quick Fact: Multi Commodity Exchange of India Ltd is an independent commodity exchange


New Book Release: Full Spectrum: India’s Wars, 1972-2020: Authored by Arjun Subramaniam

4 16 Daily Current Affairs Update | 20 August 2020

Arjun Subramaniam is a retired Air Vice Marshal

It is a comprehensive account contemporary of Indian wars and conflicts since 1972

The book is a sequel of his previous book titled: India’s Wars: A Military History, 1947-1971

5.Person in News

Renowned classical vocalist Pandit Jasraj passes away

5 16 Daily Current Affairs Update | 20 August 2020

Pandit Jasraj was a renowned Indian classical vocalist whose career spanned for more than 80 years

Apart from international awards, his awards in India included:

  1. Padma Shri, 1975 
  2. Sangeet Natak Akademi Award, 1987
  3. Padma Bhushan, 1999
  4. Padma Vibhushan, 2000

Quick Fact: Civilian awards in India, in decreasing order of importance, are Bharat Ratna, Padma Vibhushan, Padma Bhushan and Padma Shri

6.Science and Technology

NASA confirms South Atlantic Anomaly: Dent in the Earth’s Magnetic field

6 13 Daily Current Affairs Update | 20 August 2020

An unusually weak spot has been found in Earth’s magnetic field over South America and South Atlantic Ocean.

This dent is called the South Atlantic Anomaly.

The anomaly is due to tilt of Earth’s magnetic axis and the flow of molten metals within Earth’s outer core

This phenomenon allows charged particles from sun to dip abnormally close to the earth’s surface, affecting data collection from satellites

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