Current Affairs Quiz - July, 2020

Notes:
The Union Government has announced the launch of Taxable Floating Rate Savings Bonds, 2020, that will be available for subscription for retail investors from July 1, 2020.
The bonds are issued by the Reserve Bank of India on behalf of the Government, replacing the recently withdrawn 7.75% bonds. The interest rate on these bonds will be reset every six months while the initial rate of interest is fixed at 7.15 per cent. The bonds shall be repayable on the expiration of seven years from the date of issue.

Notes:
United Nations Office on Drugs and Crime (UNODC) is a United Nations office for Drug Control and Crime Prevention, headquartered at Vienna, Austria.
According to the latest UNODC World Drug Report, about 26.9 crore people used drugs in 2018, which was 30% more than the 2009 count. The largest share of drug users comprised of adolescents and young adults. Overall opioid users in India is estimated to have increased five times, as compared to those in 2004.

Notes:
The 36-year-old Indian umpire Nitin Menon recently became the youngest member of the International Cricket Council’s Elite Panel of Umpires.
He replaced England’s Nigel Llong for the upcoming 2020-21 season. Nitin Menon has officiated in three Tests, 24 ODIs and 16 T20Is. He is only the third from India to enter the prestigious group after former captain Srinivas Venkatraghavan and Sundaram Ravi. Michael Gough of England (40), had been the youngest in the current panel.

Notes:
Kholongchhu is the first joint venture hydroelectric project between India and Bhutan. A concession agreement for project was recently signed virtually.
This agreement will commence the construction and related works of the project, which is expected to be completed in the second half of 2025. The 600 MW project is located on the Kholongchhu river in eastern Bhutan. It will be implemented by Kholongchhu Hydro Energy Limited, a JV company formed between DGPC of Bhutan and Satluj Jal Vidyut Nigam Limited (SJVNL) of India.

Notes:
International Day of the Tropics is celebrated every year on 29 June. The United Nations General Assembly declared the day in the year 2016.
The International Day of the Tropics was designated to raise awareness to the specific challenges faced by tropical areas. June 29 was selected because on the same day in 2014, the inaugural State of the Tropics Report was launched by leading tropical research institutions.

Notes:
The Ministry of Road Transport and Highways (MoRTH) is set to launch a cashless scheme for road accident victims.
The Ministry is to establish a Motor Vehicle Accident Fund under its aegis, for implementing the scheme. It will have an insurance coverage cap of Rs 2.5 lakh per case and enables all road accident victims of Indian or foreign nationality, to be eligible.

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:
Leading Global Technology company, Microsoft has recently announced a new global skills initiative, which aims to train as many as 25 million people worldwide, in digital skills, by the end of the year.
Under this initiative, Microsoft uses the data to identify the jobs in demand and provides free content to develop the skills of people. It also provides certifications and free job-seeking tools. This programme has been launched amidst Covid-19 crisis, where several people are hit by job losses.

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 World Bank has recently announced that it has enhanced its support for India’s flagship program to rejuvenate Ganga river.
World Bank would provide a USD 400 million assistance to the program, which will help reduce pollution and strengthen river basin management. The Second National Ganga River Basin Project (SNGRBP) will support the government’s Namami Gange program. The loan has a maturity of 18.5 years including a grace period of 5 years.