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 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:
Veteran diplomat Indra Mani Pandey has been appointed as India’s next Permanent Representative to the United Nations and other international organisations in Geneva.
The Indian Foreign Service officer is currently serving as an additional secretary in the Ministry of External Affairs (MEA). He is to succeed the current representative hRajiv K Chander in Geneva. I.M Pandey had served in Indian missions in several places including Cairo, Islamabad and Kabul among others.

Notes:
The United Nations has raised USD 7.7 billion in humanitarian aid for the people affected by war in Syria.
The UN had organised a virtual donor conference with governments and non-official agencies. Among many countries that donated, Germany provided the single biggest country donation of 1.58 billion euros (USD 1.78 billion).

Notes:
The Asian Development Bank (ADB) has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS).
NGFS is a group of central banks and supervisors who will share best practices about climate risk management in financial sector. It was launched at the Paris One Planet Summit in the year 2017. It also mobilises finance for maintaining a sustainable economy.

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:
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:
World Chess champion, Norwegian Grand Master Magnus Carlsen has won the Chessable Masters online tournament.
This tournament is the third event of the Magnus Carlsen Tour. Carlsen has won by scoring a straight-set victory in the final. He has faced Dutch chess player Anish Giri in the final. This is also the second time, Carlsen is winning the tournament, out of the three events of the tour.

Notes:
Ace Indian boxer and World championships silver medallist Amit Panghal is ranked at the first spot, in men’s 52kg category, as per the latest world rankings released by the International Boxing Association (AIBA).
Worlds silver medallist Manju Rani has been placed at the second rank in 48 kg category. Legendary boxer Mary Kom is placed at third place. Kavinder Bisht, Deepak and Manish Kaushik also found place in the top ten ranks in their categories.

Notes:
The National Association of Software and Services Companies (Nasscom) has launched Nasscom Launchpad in New Jersey.
This platform seeks to promote cross border trade between India and the US and technology-based foreign direct investment (FDI) between the two regions. Member companies of NASSCOM will get hands-on training, assistance in site selection, government regulations and tax planning etc.