Current Affairs Quiz - July, 2020

Notes:
The Union Government has announced the launch of Taxable Floating Rate Savings Bonds, 2020, that will be available for subscription for retail investors from July 1, 2020.
The bonds are issued by the Reserve Bank of India on behalf of the Government, replacing the recently withdrawn 7.75% bonds. The interest rate on these bonds will be reset every six months while the initial rate of interest is fixed at 7.15 per cent. The bonds shall be repayable on the expiration of seven years from the date of issue.

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:
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:
The government of New Delhi has recently announced the launch of the country’s first dedicated plasma bank for treating Covid-19 patients.
The facility would be set up at the Institute of Liver and Biliary Sciences (ILBS), and it will be made available to all government and private hospitals of the UT. The therapy involves drawing blood from patients who have recovered from covid-19 and using the plasma and antibodies to treat active patients.

Notes:
According to a study published in the US science journal PNAS, researchers in China have discovered a new type of swine flu that is capable of triggering a pandemic.
The G4 flu is genetically descended from the H1N1 strain that caused a pandemic in 2009. As per the China’s Center for Disease Control and Prevention, G4 was observed to be highly infectious, replicating in human cells and causing more serious symptoms. More researches are being carried out on ferrets.

Notes:
Food aggregator platform and unicorn start-up Swiggy has launched its own digital wallet Swiggy Money in partnership with ICICI Bank.
The full-fledged digital wallet enables single-click checkout experience and will let its customers to store money and pay for all food orders on Swiggy. Swiggy has used ICICI Bank’s insta wallet service API, to create its own wallet.

Notes:
The Indian Air Force has successfully designed and developed an Airborne Locust Control System on Mi-17 helicopters to tackle the locusts attack.
The machine developed by the Indian Air Force can help in spraying pesticides over 750 hectares of affected land in a single mission. Union Agriculture Minister has also ordered for five aerial spray machines from United Kingdom, to deploy in IAF helicopters for locust control.

Notes:
The World Bank has recently announced that it has enhanced its support for India’s flagship program to rejuvenate Ganga river.
World Bank would provide a USD 400 million assistance to the program, which will help reduce pollution and strengthen river basin management. The Second National Ganga River Basin Project (SNGRBP) will support the government’s Namami Gange program. The loan has a maturity of 18.5 years including a grace period of 5 years.

Notes:
Reliance Industries has recently launched a new video conferencing application named ‘JioMeet’, as a competition to the popular video conferencing app Zoom.
The JioMeet video conferencing app is available across all play stores and web. As per the statement of Reliance Jio, the application supports High Definition audio and video call quality. It allows a maximum of 100 participants and unlike Zoom, it does not have a restricted meeting time of 40 minutes.

Notes:
Ahmedabad Municipal Corporation (AMC) has deployed 120 Mobile Medical Vans named ‘Dhanvantri Rath’ across the city.
It is a mobile van that provides non-COVID essential healthcare services to every household of the corporation. Every van has an AYUSH Doctor, a paramedic and nursing staff and a local Medical Officer from the Corporation’s Urban Health Centre. It conducts regular out-patient consultations.