Current Affairs Quiz - July, 2020

Notes:
Economist and former Indian Administrative Service officer N K Singh is the Chairperson of the 15th Finance Commission.
Recently, the Finance Commission has decided to form a group to develop a mechanism to incentivise states for carrying out the agricultural reforms, that were announced as part of the Rs 20 lakh crore stimulus package. The group consists of Finance Commission member Ramesh Chand, Agriculture Secretary Sanjay Agarwal and Agriculture, Research and Education Secretary T Mahapatra.

Notes:
Leading Global Technology company, Microsoft has recently announced a new global skills initiative, which aims to train as many as 25 million people worldwide, in digital skills, by the end of the year.
Under this initiative, Microsoft uses the data to identify the jobs in demand and provides free content to develop the skills of people. It also provides certifications and free job-seeking tools. This programme has been launched amidst Covid-19 crisis, where several people are hit by job losses.

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:
Edelweiss Asset Management Company manages the Bharat Bond Exchange Traded Fund (ETF). It has formally launched the second series of the ETF.
During December 2019, it had launched the first series. With this tranche, the fund house seeks to raise up to Rs 14,000 crore from retail and institutional investors. Bharat Bond ETFs invest in AAA-rated papers of public sector companies (CPSEs and PSEs).

Notes:
The State Government of Nagaland has banned the sale of dog meat and commercial import and trading of dogs.
Several animal rights activists have been protesting the consumption of dog meat in the state. Earlier, the ‘animal bazaar’ of Dimapur, which sells dog meat was highlighted by several animal activists. Sale of cooked and uncooked dog meat is completely banned.

Notes:
Germany has recently become the first major economy to shut down coal and nuclear power. Both the houses of German Parliament have approved the phase-out decision.
It has decided to shut down coal-fired power plants by 2038 and nuclear power by the end of 2022. The country has also proposed to spend about 40 billion euros to help the affected regions in their transition.

Notes:
The Chief Minister of the state of Karnataka has launched ‘Weavers Sammaan Yojana’, to provide annual financial assistance of two thousand rupees to handloom weavers.
Around 20000 weavers of the state are to be provided financial aid through Direct Benefit Transfer. For implementing the scheme, the state has allocated Rs 10.96 crore rupees. The state has also proposed to give a one-time financial assistance to workers employed in power looms.

Notes:
India and Afghanistan have recently signed five agreements for developing educational infrastructure in Afghanistan.
The MoUs, that were signed under the High impact community development projects (HICDP) programme. It is implemented by India to promote bilateral partnership. The educational infrastructure is to be improved in four Afghan provinces of Nooristan, Badakhshan, Farah and Kapisa.

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:
The National Skill Development Corporation (NSDC) has partnered with Microsoft, to provide digital skills to more than 1 lakh youth in the country.
Microsoft is set to collaborate with NSDC’s eSkill India portal to conduct digital skilling awareness programmes in the next 12 months. This program is a part of the global skilling initiative carried out across the world by Microsoft.