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:
The government of New Delhi has recently announced the launch of the country’s first dedicated plasma bank for treating Covid-19 patients.
The facility would be set up at the Institute of Liver and Biliary Sciences (ILBS), and it will be made available to all government and private hospitals of the UT. The therapy involves drawing blood from patients who have recovered from covid-19 and using the plasma and antibodies to treat active patients.

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:
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:
Veteran diplomat Indra Mani Pandey has been appointed as India’s next Permanent Representative to the United Nations and other international organisations in Geneva.
The Indian Foreign Service officer is currently serving as an additional secretary in the Ministry of External Affairs (MEA). He is to succeed the current representative hRajiv K Chander in Geneva. I.M Pandey had served in Indian missions in several places including Cairo, Islamabad and Kabul among others.

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 Union Home Ministry has extended the Armed Forces (Special power Act) (AFSPA) in Nagaland, for six more months.
The whole state has been declared as a “Distributed area” for a period of six months with effect from 30th June. This has been exercised under the powers provided by section 3 of the AFSPA Act. Earlier, Nagaland Governor R. N Ravi has written to the Chief Minister that the law and order has collapsed in the state.

Notes:
The United Nations has raised USD 7.7 billion in humanitarian aid for the people affected by war in Syria.
The UN had organised a virtual donor conference with governments and non-official agencies. Among many countries that donated, Germany provided the single biggest country donation of 1.58 billion euros (USD 1.78 billion).

Notes:
Every year, July 2 is celebrated as World Sports Journalists Day or International Sports Journalists Day.
The day also recognises the importance of sports journalists around the world. It marks the anniversary of the International Sports Press Association (AIPS), that was established in 1924 during the Paris Olympics. AIPS is the peak professional body representing the international sports media.

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).