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:
ASEAN (Association of Southeast Asian Nations) leaders have met during the recent annual summit held via video conference.
ASEAN is a regional association with 10 member countries including Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines, Cambodia, Myanmar (Burma), Brunei, Laos. The Chair of ASEAN in 2020 is Vietnam, which hosted the virtual summit, due to travel restrictions amid the Covid-19 pandemic.

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 36-year-old Indian umpire Nitin Menon recently became the youngest member of the International Cricket Council’s Elite Panel of Umpires.
He replaced England’s Nigel Llong for the upcoming 2020-21 season. Nitin Menon has officiated in three Tests, 24 ODIs and 16 T20Is. He is only the third from India to enter the prestigious group after former captain Srinivas Venkatraghavan and Sundaram Ravi. Michael Gough of England (40), had been the youngest in the current panel.

Notes:
Veteran American Designer Milton Glaser, who was famous for his “I (HEART) NY” logo, passed away recently at the age of 91.
He was considered as a Pioneer in using brightly coloured, extroverted posters and book covers in American visual culture in the 1960s and ’70s. Glaser had designed more than 400 posters during his long art career. A book titled “The Push Pin Graphic: A Quarter Century of Innovative Design and Illustration” describes his life.

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 Central Marine Fisheries Research Institute (CMFRI) has released its report on the Annual Marine Fish Landings in India for 2019.
As per the report, the marine fish production of India recorded a marginal rise of 2.1% in 2019, with 3.56 million tonnes in total landings. It also ranked Tamil Nadu in the first position with 7.75 lakh tonnes. It is followed by Gujarat and Kerala. Gujarat was at the top spot in the recent years.

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:
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.