Current Affairs Quiz - July, 2020

Notes:
The Union Health Ministry had constituted a committee headed by NITI Aayog member V K Paul. As per the recommendations of the committee, the Delhi health department has prepared a new Covid-19 response plan.
As a part of the plan, a serological survey to carry out a comprehensive analysis of the spread of Covid-19 in Delhi began in some parts of the city. The exercise, that will test 20,000 people to find anti-bodies, will be carried out jointly by the National Centre for Disease Control (NCDC) and the Delhi government.

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:
Veteran Opposition leader of Ireland Micheál Martin has been named as the next Prime Minister of the country, by the Parliament.
The 59-year-old leader took charge as the Prime Minister, to head the first coalition uniting the two prime parties. Micheál Martin had earlier held several important ministries including health, trade, foreign affairs and education.

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:
The state government of Maharashtra has launched the world’s largest convalescent plasma therapy project named PLATINA, for treating COVID-19.
The trial-cum-project is expected to save at least 500 lives of critically-ill Covid-19 patients in the state. The trial will be carried out in government medical colleges and BMC medical colleges. All critical patients will receive two doses of 200 ml of convalescent plasma under the project, free of cost.

Notes:
The World Bank has approved USD 250 million loan for affordable housing projects of Tamil Nadu. The Government of India, state government of Tamil Nadu and the World Bank has signed legal agreements regarding the project.
Out of the total loan, USD 200 million is approved for First Tamil Nadu Housing Sector Strengthening Programme and USD 50 million for Tamil Nadu Housing and Habitat Development Project. It aims to ease regulatory barriers and encourage private sector participation in affordable housing.

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:
The United States-Mexico-Canada Agreement (USMCA) is set to replace the 25-year-old NAFTA (North American Free Trade Agreement).
The renegotiated deal comes into effect from July 1. USMCA is a trilateral agreement between three countries namely the United States, Mexico and Canada. The deal was originally signed in 2018 and since then the countries have been working to implement the new deal. It seeks to support the technology sector and include USD 600 million to address environmental problems.

Notes:
The United Nation’s trade and development body, UNCTAD (United Nations Conference on Trade and Development) has recently released a report ‘COVID-19 and Tourism’.
As per the report, the world’s tourism sector could lose at least USD 1.2 trillion or 1.5% of the global gross domestic product (GDP). If the break in international tourism lasts for 8 months, the loss could rise to USD 2.2 trillion or 2.8% of the global GDP.

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).