Current Affairs Quiz - July, 2020

Notes:
National Productivity Council (NPC) is a national level autonomous organization under the administrative control of the Department for Promotion of Industry & Internal Trade (DPIIT), Ministry of Commerce & Industry, to promote productivity culture in India.
Recently, Union Commerce Minister Piyush Goyal chaired the 49th Governing Council Meeting of National Productivity Council (NPC).

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:
The United States has recently eliminated the special status under U.S. law and halted Defence Exports to Hong Kong.
U.S has also restricted the access of the country to high technology products. This decision has been taken while China is preparing new Hong Kong security legislation. U.S also proposed to end the export of dual-use technologies to the territory, which have both commercial and military uses.

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:
Everton Weekes, who was considered as one of the finest cricketers of the West Indies, has recently passed away at the age of 95.
During his eminent cricket career, he scored an average of 58.61 per innings, which included a world-record of five consecutive centuries in 1948. Weekes also jointly holds the record as the fastest to reach 1000 Test runs. He was also a member of the prestigious ICC Hall of Fame.

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).

Notes:
Union Sports Minister Kiren Rijiju announced that the ministry will launch Target Olympic Podium Scheme (TOPS) Junior.
The scheme aims to train to train young athletes for the 2024 and 2028 Olympics. Under the existing TOPS scheme, senior athletes who have been identified as medal achievers for the Olympics are being trained. This was announced during the ‘Fit Hai To Hit Hai Fit India’ webinar.

Notes:
International Day of Cooperatives is celebrated on the first Saturday of July every year. This year, it is observed on July 4, 2020.
The theme of the International Day of Cooperatives 2020 is Cooperatives for Climate Action. The objective of the day is to create awareness about cooperatives and highlight the contributions of the cooperative movement to the development of the world.