Current Affairs Quiz - July, 2020

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:
Former Reserve Bank of India (RBI) Governor C Rangarajan has been conferred with the lifetime achievement award for his contribution to statistics.
The award has been given to him on the occasion of Statistics Day, which is celebrated on June 29 every year, to commemorate the birth anniversary of PC Mahalanobis, the ‘father of Indian statistics’. C Rangarajan had served as the Chairman of the National Statistical Commission.

Notes:
World Trade Organisation (WTO) has set up a dispute panel on India’s tariffs on Information and Communication Technology (ICT) goods such as mobile phones, cameras, headphones.
WTO has agreed to the second request from the European Union for establishing the panel. The requests for dispute panels against India’s tariffs on ICT products were examined by the Dispute Settlement Body (DSB) of the WTO.

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:
Indian Oil Corporation and Beximco LPG have signed an agreement to form a Joint venture company for LPG business in Bangladesh.
The Joint venture company (JVC) aims to set up a large LPG terminal at a deep-water port in Bangladesh, to receive LPG and reduce import. It will begin functioning by acquiring existing LPG assets of Beximco.

Notes:
The Union Ministry of Food and Public Distribution implements the “PM Garib Kalyan Anna Yojana” scheme.
The Minister for Food and Public Distribution Ram Vilas Paswan has recently released the details of the 2nd Phase of PM Garib Kalyan Anna Yojana. Under the scheme, 5 kilograms of Wheat or Rice to every family member and 1 kilogram of Chana (Pulse) for each beneficiary family will be provided without price for five more months, till November.

Notes:
Lepidopterists, those who specialises in studying moths and butterflies, have recently discovered two new species of butterflies namely Striped Hairstreak and Elusive Prince in Arunachal Pradesh.
The Striped Hairstreak was first recorded in Japan and the Elusive Prince was discovered in Vietnam. As per the Society for Education and Environmental Development (SEED), the discovery of two new species have increased the number of butterfly species of the country to 1327.

Notes:
Pulitzer Prize-winning Indian-American author and oncologist Siddhartha Mukherjee has been named as the ‘2020 Great Immigrants’ honourees by the Carnegie Corporation of New York.
Another Indian American Professor of Economics at Harvard University Raj Chetty also jointly received the honour. They have been honoured for their contribution towards the efforts in containing the COVID-19 crisis.

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.