Current Affairs Quiz - July, 2020

Notes:
A team of engineers at Indian Institute of Science (IISc) had developed an intensive care unit (ICU) grade ventilator under the name of ‘Project Praana’.
Recently, the team has successfully completed the prototyping of the ventilator, which is now in the process of being commercialised. The affordable ventilator uses only components made in India or components which are easily available in the domestic markets. The team developed the ventilator in a record 35 days.

Notes:
Minister of Minority Affairs Shri Mukhtar Abbas Naqvi has laid the foundation stone for “Sanskritik Sadbhav Mandap” at Rampur, Uttar Pradesh.
The centre is being constructed with the cost of Rs 92 crore by Union Minority Affairs Ministry under Pradhan Mantri Jan Vikas Karykram (PMJVK). This community centre will be utilized for various socio-economic-cultural activities, skill development training and relief activities.

Notes:
June 30 is the day designated by the United Nations to celebrate the International Day of Parliamentarism.
The United Nations General Assembly recognized the role of parliaments in developing the world, and designated the special day. On the same day in the year 1889, the global organization of parliaments called the Inter-Parliamentary Union (IPU) was established.

Notes:
Former Union minister and Rajya Sabha member Suresh Prabhu is to lead a Co-Operative Development Forum (CDF).
The CDF forum, that is likely to be formally launched on July 24, aims to work towards promoting cooperative movement in the country and boost the rural economy. Suresh Prabhu is also the Sherpa of India for G 20. The forum also aims to formulate the modern National/ State Cooperative Policy.

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:
The Defence Acquisition Council (DAC) has approved the proposal for procurement of 21 MiG-29 and upgradation of existing 59 MiG-29 aircraft from Russia at a cost of Rs 7418 crore.
It has also approved the procurement of 12 Su-30 MKI aircraft from Hindustan Aeronautical Ltd, at an estimated cost of Rs 10,730 cr. DAC cleared the acquisition of 248 Astra Beyond Visual Range air-to-air missiles for the Indian Air Force and the Navy. Other important equipment required by the Armed Forces were also approved for Rs 38,900 crore.

Notes:
The Chief Minister of Madhya Pradesh Shivraj Singh Chouhan, the Indian Prime Minister Narendra Modi will inaugurate Asia’s largest solar plant in the state.
The 750 MW Rewa Ultra-Mega Solar plant would be inaugurated through video conferencing. It is claimed to be the one of the largest single-site solar power plants in Asia. The plant is located in the Rewa district of Vindhya region of the state.

Notes:
Israel has launched a new surveillance satellite named ‘Ofek 16’, that will provide high-quality surveillance for its military activities
The satellite was launched into space by its indigenously developed Shavit rocket, which was used to launch the previous versions of Ofek satellites. It is an advanced electro-optical surveillance satellite developed by Israel Aerospace Industries.

Notes:
The Defence Research and Development Organisation (DRDO) has signed an MoU with Indian Institute of Technology, Hyderabad to establish a Research cell at the IIT.
The Defence research cell aims to meet the upcoming defence technological requirements of the country. This DRDO – IITH Research Cell will conduct research programmes in specific technology areas. This will be established as an extension of the DRDO Research and Innovation Centre (RIC), Chennai.

Notes:
India’s third largest telecom operator, Vodafone Idea reported the highest net loss in a fiscal year 2019-20.
The net loss of Rs 73,878 crore is the highest ever made by an Indian firm. The company had provisioned for the statutory dues, as mandated by the Supreme Court of India. This is the main reason of their huge net losses. Out of the total dues estimated by the Department of Telecom, it has paid Rs 6,854.4 crore.