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:
Organisation for Economic Cooperation and Development (OECD) is the parent organisation of Global Forum on transparency and exchange of information for tax purposes.
According to the latest study by the Global Forum, India has been among the top-three jurisdictions to which Switzerland provided information about bank accounts and beneficiary ownership of entities, on request. The other two countries were France and Germany. The report recorded the requests during the period from July 2015 to June 2018.

Notes:
The World Bank has recently approved of project called ‘Strengthening Teaching-Learning and Results for States Program (STARS)’ for India.
The project aims to improve the quality and governance of school education in six States of India namely Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Odisha, and Rajasthan, through the Samagra Shiksha. World Bank would provide an assistance of USD 500 million (about Rs 3,700 crore).

Notes:
Union Minister for Fisheries, Animal Husbandry and Dairying Giriraj Singh has launched the first edition of the Fisheries and Aquaculture Newsletter.
The newsletter has been named MATSYA SAMPADA and it is published by the Department of Fisheries, Ministry for Fisheries, Animal Husbandry and Dairying. The Minister also launched the Operational Guidelines of the Pradhan Mantri Matsya Sampada Yojana (PMMSY).

Notes:
The Ministry of Road Transport and Highways (MoRTH) is set to launch a cashless scheme for road accident victims.
The Ministry is to establish a Motor Vehicle Accident Fund under its aegis, for implementing the scheme. It will have an insurance coverage cap of Rs 2.5 lakh per case and enables all road accident victims of Indian or foreign nationality, to be eligible.

Notes:
The World Bank has approved a USD 750 million MSME Emergency Response program, to support micro, small, and medium enterprises (MSMEs) affected by the COVID-19 pandemic.
As per the World Bank’s Board of Executive Directors, the programme will help in improving funding capacity of Small finance banks (SFBs) and Non-banking financial companies (NBFCs) for the MSME sector. This is expected to provide liquidity to about 1.5 million viable MSMEs. The loans have a maturity period of 19 years.

Notes:
The state Government of Madhya Pradesh is set to launch a new scheme called ‘Hamara Ghar-Hamara Vidyalaya’.
It means My Home-My school and the scheme aims to teach the school-going children, in a school-like environment. Under the scheme, the children of the state will learn to read and write and perform yoga, as per the State Education Centre.

Notes:
Russia has recently held polls for a nationwide referendum on constitutional amendments, which include the reset in the term limits of the incumbent Russian President Vladimir Putin.
The amendments allow him to seek two more 6-year terms when his presidency ends in 2024. As per the preliminary results, more than 76% of Russians voted supporting the amendments. Putin has been the President from 2012 and will remain till 2036, as per the amendment.

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 Territory of Delhi has announced that a plantation drive called ‘Paudhe Lagao, Paryavaran Bachao’ (Plant Saplings, Save Environment).
As per the Environment Ministry, Delhi is to launch a 17-day long plantation drive of 31 lakh saplings, to increase the green cover to 350 sq km by 2021. The aim of the drive is to create awareness about increasing green cover to reduce pollution in the UT. The period of the drive will be observed as “Vrikshaaropan Pakhavaada”.