Current Affairs Quiz - July, 2020

Notes:
The Union Government has announced the launch of Taxable Floating Rate Savings Bonds, 2020, that will be available for subscription for retail investors from July 1, 2020.
The bonds are issued by the Reserve Bank of India on behalf of the Government, replacing the recently withdrawn 7.75% bonds. The interest rate on these bonds will be reset every six months while the initial rate of interest is fixed at 7.15 per cent. The bonds shall be repayable on the expiration of seven years from the date of issue.

Notes:
ASEAN (Association of Southeast Asian Nations) leaders have met during the recent annual summit held via video conference.
ASEAN is a regional association with 10 member countries including Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines, Cambodia, Myanmar (Burma), Brunei, Laos. The Chair of ASEAN in 2020 is Vietnam, which hosted the virtual summit, due to travel restrictions amid the Covid-19 pandemic.

Notes:
Veteran American Designer Milton Glaser, who was famous for his “I (HEART) NY” logo, passed away recently at the age of 91.
He was considered as a Pioneer in using brightly coloured, extroverted posters and book covers in American visual culture in the 1960s and ’70s. Glaser had designed more than 400 posters during his long art career. A book titled “The Push Pin Graphic: A Quarter Century of Innovative Design and Illustration” describes his life.

Notes:
The Union Ministry of Food and Public Distribution implements the “PM Garib Kalyan Anna Yojana” scheme.
The Minister for Food and Public Distribution Ram Vilas Paswan has recently released the details of the 2nd Phase of PM Garib Kalyan Anna Yojana. Under the scheme, 5 kilograms of Wheat or Rice to every family member and 1 kilogram of Chana (Pulse) for each beneficiary family will be provided without price for five more months, till November.

Notes:
The Union Government has recently launched the Special Liquidity Scheme improve the liquidity of Non-Banking Finance Companies (NBFCs) and Housing Finance Companies (HFCs).
The corpus of the scheme is Rs 30000 crore rupees and it was launched through a Special Purpose Vehicle in the form of a trust set up by SBI Capital Markets. The Union Government will provide unconditional and irrevocable guarantee to the special securities issued by the Trust.

Notes:
India’s flagship fitness awareness movement, Fit India is launching a new series of interactive sessions with ace sportspersons of the country.
This series of interactive sessions has been launched with an objective of inspiring young children of the country and to encourage them to actively take part in sports. Badminton star P V Sindhu and Indian football team captain Sunil Chhetri will launch the inaugural session, in the presence of HRD Minister and Sports Minister.

Notes:
The Union Environment Minister Prakash Javadekar has recently inaugurated an urban forest, in the Union Territory of New Delhi.
The urban forest is created with as many as 12,000 seedlings of 59 indigenous species. It is developed at the Office premises of the Comptroller and Auditor General of India. This is expected to form into a full-fledged forest by 2021 and will improve the Air Quality Index of the UT.

Notes:
The President of France Emmanuel Macron has named Jean Castex as the next French Prime Minister.
The previous Prime Minister Edouard Philippe had resigned earlier. The President has reshuffled the Government to restart the country’s economy. Jean Castex is a 55-year-old public servant, who has also coordinated the re-opening strategy in the country.

Notes:
Botswana, the landlocked country in South Africa has the largest elephant population in the world, around an estimate of 1,30,000.
The country was recently in news, more than 300 elephants have died mysteriously in the famous Okavango Delta of Botswana. As per the head of the wildlife department, the reason of deaths was not poaching, as their tusks were not damaged.

Notes:
Union Ministry of Electronics and IT (MeitY) in partnership with Atal Innovation Mission, Niti Aayog has launched Digital India AatmaNirbhar Bharat App Innovation Challenge.
The challenge seeks to support and build a strong ecosystem for Indian applications. In its first phase, the challenge will identify the potential Indian Apps that are being used, that are capable of becoming world class apps. The second phase will focus on developing new applications.