Current Affairs Current Affairs August 2019

  Scientists at IIT Hyderabad have developed low-cost, environment-friendly solar cells by employing an off-the-shelf dye used to make kumkum or vermilion. The dye-sensitised solar cell (DSSC) is based on New Fuchsin (NF) dye with aqueous electrolyte and platinum-free counter electrodes, according to the research published in the Solar Energy journal.
Source: The DD News

  Former cricketer Malcolm Nash passed away. He was Glamorgan’s legendary left-arm bowler who took 993 first-class wickets in a 17-year career between 1966 and 1983. He became famous after Garfield Sobers hit him for six sixes in an over.
Source: The Hindu

  The postal department has decided to convert the India Post Payments Bank into a small finance bank. This bank will provide micro credit at the doorsteps to individuals and SME’s. The postal department has also target the milestone of 1 crore accounts for IPPB in 100 days. India Post will partner with Common Service Centre to provide a suite of citizen centric services such as banking, remittance, insurance, DBT, bill and tax payments etc at post offices.
Source: The Economic Times


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