Current Affairs Quiz - July, 2020

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:
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 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:
India celebrates National Doctor’s Day on July 1 each year, in honour of the birth and death anniversary of Dr. Bidhan Chandra Roy.
He was a veteran physician of the country and the second Chief minister of West Bengal. Indian Government established the Doctor’s Day in the year of 1991. This year, the theme of the day is “Lessen the mortality of COVID-19”.

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:
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 Environment Minister Prakash Javadekar has recently inaugurated an urban forest, in the Union Territory of New Delhi.
The urban forest is created with as many as 12,000 seedlings of 59 indigenous species. It is developed at the Office premises of the Comptroller and Auditor General of India. This is expected to form into a full-fledged forest by 2021 and will improve the Air Quality Index of the UT.

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:
‘Dharma Chakra Parvattana’ is a famous celebration of Buddhism, which commemorates Gautam Buddha’s first discourse to his first five disciples at Sarnath.
The International Buddhist Confederation, under the Ministry of Culture, celebrates Ashadha Poornima as Dharma Chakra Day. The Prime Minister has recently conveyed his greetings on Ashadha Poornima, also known as Guru Purnima.

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.