Current Affairs Quiz - July, 2020

Notes:
According to the guidelines issued by the insurance regulator, the Insurance Regulatory and Development Authority (IRDAI) has directed the general and health insurance companies to offer one short-term Covid-19 policy.
Named as the “Corona Kavach Policy”, the standard health policy would have a tenure period of 3.5 months to 6.5 months, and 9.5 months. As per the guidelines, the mode of payment would be a single premium. Another policy called Corona Rakshak, a standard benefit policy is also to be launched.

Notes:
The Indian Institute of Technology (IIT) Madras has launched the world’s first online Diploma and Bachelor of Science Degree in Data Science and programming.
The course has no age limit and students who have passed class 12 can enrol. The course will be conducted online and its exams will be conducted in an offline mode. The course has three levels including the foundation, diploma and degree and it is divided into six semesters.

Notes:
Lepidopterists, those who specialises in studying moths and butterflies, have recently discovered two new species of butterflies namely Striped Hairstreak and Elusive Prince in Arunachal Pradesh.
The Striped Hairstreak was first recorded in Japan and the Elusive Prince was discovered in Vietnam. As per the Society for Education and Environmental Development (SEED), the discovery of two new species have increased the number of butterfly species of the country to 1327.

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:
Leading Global Technology company, Microsoft has recently announced a new global skills initiative, which aims to train as many as 25 million people worldwide, in digital skills, by the end of the year.
Under this initiative, Microsoft uses the data to identify the jobs in demand and provides free content to develop the skills of people. It also provides certifications and free job-seeking tools. This programme has been launched amidst Covid-19 crisis, where several people are hit by job losses.

Notes:
Indian Space Research Organisation’s (ISRO) Mars Orbiter Mission has recently captured the image of Phobos.
Phobos is the closest and biggest moon of Mars, which has been captured by the Mars Colour Camera (MCC) onboard the MoM spacecraft. The image was taken when the spacecraft was about 7,200 km from Mars and 4,200 km from Phobos.

Notes:
Veteran Bollywood choreographer Saroj Khan recently passed away at the age of 72. She was fondly called as ‘Masterji’ in Bollywood.
During her long career spanning over forty years, she had choreographed more than 2000 songs in many languages. She had also won three National Awards for Best Choreography for Devdas, Jab We Met and the Tamil film Shringaram.

Notes:
Germany has recently become the first major economy to shut down coal and nuclear power. Both the houses of German Parliament have approved the phase-out decision.
It has decided to shut down coal-fired power plants by 2038 and nuclear power by the end of 2022. The country has also proposed to spend about 40 billion euros to help the affected regions in their transition.

Notes:
Union Sports Minister Kiren Rijiju announced that the ministry will launch Target Olympic Podium Scheme (TOPS) Junior.
The scheme aims to train to train young athletes for the 2024 and 2028 Olympics. Under the existing TOPS scheme, senior athletes who have been identified as medal achievers for the Olympics are being trained. This was announced during the ‘Fit Hai To Hit Hai Fit India’ webinar.

Notes:
The Central Board of Secondary Education (CBSE) has partnered with Technology major Facebook, to launch curriculum on digital safety.
The curriculum also includes practices of online well-being of students and Augmented Reality for students and teachers. This was announced by Union HRD Minister Ramesh Pokhriyal Nishank. The curriculum has been prepared comprehensively to equip the children face the future of work.