Current Affairs Quiz - July, 2020

Notes:
The World Bank has recently approved of project called ‘Strengthening Teaching-Learning and Results for States Program (STARS)’ for India.
The project aims to improve the quality and governance of school education in six States of India namely Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Odisha, and Rajasthan, through the Samagra Shiksha. World Bank would provide an assistance of USD 500 million (about Rs 3,700 crore).

Notes:
June 30 is the day designated by the United Nations to celebrate the International Day of Parliamentarism.
The United Nations General Assembly recognized the role of parliaments in developing the world, and designated the special day. On the same day in the year 1889, the global organization of parliaments called the Inter-Parliamentary Union (IPU) was established.

Notes:
International Zinc Association (IZA) has launched Asia’s first-ever Continuous Galvanized Rebar (CGR) manufacturing facility in Punjab.
The project would be supported by Hindustan Zinc Limited. It has been launched in collaboration with a private manufacturing company Madhav KRG Group. The new product called Continuously Galvanized Rebars (CGR) are value added rebars for better life and lower maintenance. Rebar is the short form of Reinforced Bar.

Notes:
Charted Accountants (CA) Day is celebrated on July 1 every year to commemorate the finding of the Institute of Chartered Accountants of India (ICAI).
The Institute of Chartered Accountants of India (ICAI) was established by the parliament of India in 1949 under an Act. It is the national professional accounting body and the second biggest accounting organization in the world.

Notes:
The UN Security Council has unanimously adopted the first COVID-19-related resolution and demanded an end to hostilities around the world.
The resolution was drafted by France and Tunisia. The council was severely criticised for its failure to draft a resolution since the Covid-19 crisis. UNSC’s two permanent veto-wielding members namely the US and China delayed its attempts to adopt a resolution.

Notes:
The Chief Minister of Andhra Pradesh YS Jagan Mohan Reddy has formally launched Andhra Pradesh Corporation for Outsourced Services (APCOS).
The Chief Minister handed over the 47,000 appointment letters to the outsourcing staff selected through the APCOS. The newly formed body ensures to maintain transparency in recruitments and payments of workers in outsourced services. The government will also follow reservation in recruitments.

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.

Notes:
Reliance Industries has recently launched a new video conferencing application named ‘JioMeet’, as a competition to the popular video conferencing app Zoom.
The JioMeet video conferencing app is available across all play stores and web. As per the statement of Reliance Jio, the application supports High Definition audio and video call quality. It allows a maximum of 100 participants and unlike Zoom, it does not have a restricted meeting time of 40 minutes.

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.

Notes:
Former Reserve Bank of India (RBI) Governor Urjit Patel has authored a book titled ‘Overdraft: Saving the Indian Saver’.
The book is set to be released by the end of July 2020. The book focusses on the non-performing assets (NPAs) issue that has caused huge distress to the country’s banking sector. It also highlights the causes of NPAs and the efforts of Urjit Patel to deal with the issue as the Governor of RBI.