Current Affairs Quiz - July, 2020

Notes:
The Chinese embassy in the central Asian country Kazakhstan has recently issued a statement, in which it has warned its citizens living in Kazakhstan, about a local ‘unknown pneumonia’.
The embassy also announced that this unknown disease has a higher fatality rate than the Covid-19 disease. As per the statement, the disease has caused 1772 deaths in the first six months of the year, which also included several Chinese citizens.

Notes:
The Asia Cup is a popular cricket tournament organised by the Asian Cricket Council (ACC). It was established in 1983 and includes men’s One Day International and Twenty20 International cricket tournament.
Recently, the Asian Cricket Council announced that the tournament that was scheduled to be held in September this year in Sri Lanka, has been postponed till June 2021.

Notes:
The Kuaizhou-11 carrier rocket, that was launched by China, has recently suffered a failure during its maiden flight.
Kuaizhou means ‘fast ship’ in Chinese. It is a low-cost solid-fuelled carrier rocket, that was designed to launch low-Earth orbit satellites. A malfunction occurred during the flight though the exact reason for the failure is not yet known.

Notes:
The United Nations declared July 12 as ‘Malala Day’ every year, to honour the sixteen-year old Pakistani activist Malala Yousafzai, who was advocating the promotion of education of girls.
On the same day in 2013, she delivered an inspiring speech at the United Nations (UN) headquarters on the need for gender equality in education. The Nobel Peace Prize Laureate has recently completed her degree at the Oxford University.

Notes:
TDS is deductible at the rate of 2 % if cash withdrawal of above 1 crore made by a person who is an income-tax payee. While, TDS is deductible at the rate 2 % if cash withdrawal exceeds 20 lakh rupees and at the rate of 5 % if it exceeds one crore rupees, if made by a non-income-tax filer.
The Central Board of Direct Taxes (CBDT) has launched a new tool, through which Banks and Post offices can determine the TDS rates on cash withdrawals, by entering their PAN number.

Notes:
The state government of Madhya Pradesh is set to launch a ‘Roko -Toko’ campaign for urging people to wear masks.
Roko-Toko in Hindi means stop and campaign and it seeks to nudge people who do not wear masks in public places to practise mask-wearing. The state also runs a scheme called ‘Jeevan Shakti Yojana’, under which selected organisations will provide masks to people at a price of Rs 20 per piece.

Notes:
Global leader in payments technology Visa has partnered with Federal Bank to deploy Visa Secure to the bank’s cardholders.
Visa Secure is an authentication program that uses the latest standards of the EMV protocol. This upgraded technology will provide security to curb online frauds and quick check-out experience to the card-holders.

Notes:
Union Minister of State for Shipping Shri Mansukh Mandaviya has recently approved Rs. 107 Crore for improving fire-fighting facilities at Haldia Dock Complex, Kolkata Port.
The existing fire fighting facility does not support handling of petroleum products as per the guidelines of Ministry of Petroleum and Natural Gas. This augmentation is a step towards compliance of global standards for fire safety and secure handling of petroleum products.

Notes:
The Union Human Resource Development Minister Ramesh Pokhriyal Nishank launched a low-cost Covid-19 test developed by Indian Institute of Technology Delhi (IIT) Delhi.
The test kit named ‘Corosure’, has been claimed as the world’s most affordable probe free RT-PCR based Covid-19 diagnostic kit. It uses an alternative method of testing samples and costs approximately Rs 650 per kit.

Notes:
The CMD of Reliance Industries Limited (RIL), Mukesh Ambani announced at the annual general meeting, that Jio platforms and Google will jointly develop a new Android-based smartphone system.
An entry level affordable smart phone by optimising the Android operating system would be jointly developed by the two giants. Google also announced that it will invest Rs 33,737 crores in Jio for developing 5G technology.