Current Affairs Quiz - July, 2020

Notes:
Union Minister for Food Processing Industries, Harsimrat Kaur Badal has launched the Pradhan Mantri Formalization of Micro Food Processing Enterprises (PM FME) scheme.
The scheme has been launched as a part of “Atmanirbhar Bharat Abhiyan”. It is claimed to generate a total investment of Rs 35,000 crore and generate 9 lakh skilled and semi-skilled employment. The scheme would benefit 8 lakh units through access to information, training and better exposure.

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:
Union Defence Ministry has launched a new portal to issue No Objection Certificate (NOC) for power projects and Research Survey Exploration Exploitation (RSEE) activities in the Indian Territorial Waters and Exclusive Economic Zone.
The Ministry of Defence gives security clearances to various Private and Public Sector Undertakings for power, wind and solar projects in areas near defence installation. The new portal will allow applicants to submit their proposals online for seeking security clearance from the Ministry.

Notes:
Kholongchhu is the first joint venture hydroelectric project between India and Bhutan. A concession agreement for project was recently signed virtually.
This agreement will commence the construction and related works of the project, which is expected to be completed in the second half of 2025. The 600 MW project is located on the Kholongchhu river in eastern Bhutan. It will be implemented by Kholongchhu Hydro Energy Limited, a JV company formed between DGPC of Bhutan and Satluj Jal Vidyut Nigam Limited (SJVNL) of India.

Notes:
The International Asteroid Day is celebrated on June 30, every year across the world, to raise public awareness about the asteroid impact hazard.
The United Nations General Assembly adopted resolution declaring 30 June as International Asteroid Day. The day also marks the anniversary of the impact of Tunguska explosion caused by an asteroid, on Siberia and Russian Federation in 1908.

Notes:
International Zinc Association (IZA) has launched Asia’s first-ever Continuous Galvanized Rebar (CGR) manufacturing facility in Punjab.
The project would be supported by Hindustan Zinc Limited. It has been launched in collaboration with a private manufacturing company Madhav KRG Group. The new product called Continuously Galvanized Rebars (CGR) are value added rebars for better life and lower maintenance. Rebar is the short form of Reinforced Bar.

Notes:
World Trade Organisation (WTO) has set up a dispute panel on India’s tariffs on Information and Communication Technology (ICT) goods such as mobile phones, cameras, headphones.
WTO has agreed to the second request from the European Union for establishing the panel. The requests for dispute panels against India’s tariffs on ICT products were examined by the Dispute Settlement Body (DSB) of the WTO.

Notes:
India celebrates National Doctor’s Day on July 1 each year, in honour of the birth and death anniversary of Dr. Bidhan Chandra Roy.
He was a veteran physician of the country and the second Chief minister of West Bengal. Indian Government established the Doctor’s Day in the year of 1991. This year, the theme of the day is “Lessen the mortality of COVID-19”.

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:
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.