Current Affairs Quiz - July, 2020

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 United Nations has raised USD 7.7 billion in humanitarian aid for the people affected by war in Syria.
The UN had organised a virtual donor conference with governments and non-official agencies. Among many countries that donated, Germany provided the single biggest country donation of 1.58 billion euros (USD 1.78 billion).

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:
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:
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:
Indian Space Research Organisation’s (ISRO) Mars Orbiter Mission has recently captured the image of Phobos.
Phobos is the closest and biggest moon of Mars, which has been captured by the Mars Colour Camera (MCC) onboard the MoM spacecraft. The image was taken when the spacecraft was about 7,200 km from Mars and 4,200 km from Phobos.

Notes:
Two Central public sector undertakings under the Ministry of Coal, namely the NLC India Ltd and Coal India have signed an agreement to form a Joint Venture Company, to develop green power.
The JV company aims to develop solar and thermal power assets of 5000 MW (5 GW) across the country. In the proposed company, both the enterprises will invest in the ratio of 50:50. The expertise of both PSUs would be used for developing power sector.

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:
A 23-year old chess player from Tamil Nadu, G. Akash has recently become the 66th Grandmaster of India.
Akash’s Grand Master title was confirmed at the second council meet of International Chess Federation (FIDE) of the year 2020. The Chennai-based player won the National title in the year 2012. His present FIDE rating is 2495.

Notes:
As per the recent notification of the Corporate Affairs Ministry, the tenure of Justice B L Bhat as the acting Chairperson of the National Company Law Appellate Tribunal’s (NCLAT), for three more months.
His three-month tenure as officiating Chairman was scheduled to end on June 15. This decision would be in effect for three more months or until a regular Chairperson is appointed or until further orders. The last NCLAT Chairman Justice S J Mukhopadhaya retired on March 15, 2020.