Current Affairs Quiz - July, 2020

Notes:
Economist and former Indian Administrative Service officer N K Singh is the Chairperson of the 15th Finance Commission.
Recently, the Finance Commission has decided to form a group to develop a mechanism to incentivise states for carrying out the agricultural reforms, that were announced as part of the Rs 20 lakh crore stimulus package. The group consists of Finance Commission member Ramesh Chand, Agriculture Secretary Sanjay Agarwal and Agriculture, Research and Education Secretary T Mahapatra.

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:
National Statistics Day is observed on June 29 every year in India. This year it was celebrated through virtual conference with the theme of Sustainable Development Goal (SDG) 3 (Ensure healthy lives and promote well-being for all at all ages) and SDG 5 (Achieve gender equality and empower all women and girls).
The Ministry of Statistics and Program Implementation instituted a new award ‘Prof. P. C. Mahalanobis National Award in Official Statistics’, which was conferred upon Former RBI Governor C Rangarajan. ‘Prof. P.V. Sukhatme National Award in Statistics 2020’ was given to Dr Arvind Pandey and Dr. Akhilesh Chandra Kulshreshtha.

Notes:
The United Nations Population Fund (UNFPA) has recently released the ‘State of World Population 2020’ report.
UNFPA is the sexual and reproductive health agency of the United Nations (UN) located in New York. As per the report, the number of missing women has more than doubled over the past 50 years, from 61 million in 1970 to 142.6 million in 2020. Out of that, India accounts for 45.8 million of missing females of the world.

Notes:
The state Government of Madhya Pradesh is set to launch a new scheme called ‘Hamara Ghar-Hamara Vidyalaya’.
It means My Home-My school and the scheme aims to teach the school-going children, in a school-like environment. Under the scheme, the children of the state will learn to read and write and perform yoga, as per the State Education Centre.

Notes:
The Indian Institute of Technology (IIT) Madras has launched the world’s first online Diploma and Bachelor of Science Degree in Data Science and programming.
The course has no age limit and students who have passed class 12 can enrol. The course will be conducted online and its exams will be conducted in an offline mode. The course has three levels including the foundation, diploma and degree and it is divided into six semesters.

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:
The Union Territory of Delhi has announced that a plantation drive called ‘Paudhe Lagao, Paryavaran Bachao’ (Plant Saplings, Save Environment).
As per the Environment Ministry, Delhi is to launch a 17-day long plantation drive of 31 lakh saplings, to increase the green cover to 350 sq km by 2021. The aim of the drive is to create awareness about increasing green cover to reduce pollution in the UT. The period of the drive will be observed as “Vrikshaaropan Pakhavaada”.

Notes:
The Defence Acquisition Council (DAC) has approved the proposal for procurement of 21 MiG-29 and upgradation of existing 59 MiG-29 aircraft from Russia at a cost of Rs 7418 crore.
It has also approved the procurement of 12 Su-30 MKI aircraft from Hindustan Aeronautical Ltd, at an estimated cost of Rs 10,730 cr. DAC cleared the acquisition of 248 Astra Beyond Visual Range air-to-air missiles for the Indian Air Force and the Navy. Other important equipment required by the Armed Forces were also approved for Rs 38,900 crore.

Notes:
Union Ministry of Electronics and IT (MeitY) in partnership with Atal Innovation Mission, Niti Aayog has launched Digital India AatmaNirbhar Bharat App Innovation Challenge.
The challenge seeks to support and build a strong ecosystem for Indian applications. In its first phase, the challenge will identify the potential Indian Apps that are being used, that are capable of becoming world class apps. The second phase will focus on developing new applications.