Current Affairs Quiz - July, 2020

Notes:
The state Cabinet of Uttar Pradesh has recently cleared the new Uttar Pradesh ‘Start-up policy 2020’, to promote start-ups in the state.
The policy seeks to establish at least one incubator in each district and 100 incubators across the state. It also aims to create an ecosystem in the state to establish 10,000 start-up companies. The policy will be applicable for the next five years.

Notes:
American multinational aerospace organisation Boeing has recently completed delivering 22 Apache and 15 Chinook military helicopters to the Indian Air Force.
As per the IAF officials, the fleet of 37 military helicopters has now been deployed in air bases along the Line of Actual Control. India had signed the key contract for the 37 multi-role vehicles for IAF with Boeing, in the year 2015.

Notes:
As per the recent data from the Reserve Bank of India (RBI), Tamil Nadu has topped market borrowings among states in the country during 2020-21.
Tamil Nadu has raised Rs 30500 crores so far, which is approximately 17% of the borrowings made through issuing bonds. Maharashtra has raised Rs 25000 crores, which is 14% of the borrowings. The state of Tamil Nadu is expected to sustain a revenue shortfall of Rs 12,000- Rs 13,000 crore in a month, due to the effect of lock-down.

Notes:
The President of Turkey Recep Tayyip Erdogan has recently announced that the iconic architectural place of the country Hagia Sophia would be made a mosque, which gained criticism from across the world.
After the top Turkish court revoked the museum status of the monument, the President made this announcement. The UNESCO World Heritage site in Istanbul was first constructed as a cathedral but was converted into a mosque after the Ottoman conquest of Constantinople in 1453. It has been a museum since 1935 and open to people of all faiths.

Notes:
‘India Cycles4Change Challenge’ is a new initiative of the Union Ministry of Housing and Urban Affairs, under its Smart Cities Mission.
The Ministry has recently opened the registration for the Challenge, which was originally launched on June 25, 2020. All cities under the Smart Cities Mission, capital cities of States/UTs and all cities with above 5 lakh population can apply through the newly launched portal and provide quick solutions for promoting cycling.

Notes:
The Indian Railways has set the target to achieve net zero carbon emission by the year 2030. In order to achieve the target of becoming a Green Railways, it has accelerated the efforts.
Some of its initiatives include Electrification of lines, improving energy efficiency of trains, green certification for stations, fitting bio toilets in coaches and switching to renewable sources of energy. Recently, a 1.7 mega watt plant at Bina in Madhya Pradesh in collaboration with BHEL has been installed.

Notes:
The Chairman of Reliance Industries, Mukesh Ambani has recently become the world’s sixth-richest person, as per the Bloomberg Billionaires Index.
Mukesh Ambani has recently crossed SpaceX founder Elon Musk and Alphabet co-founders Sergey Brin and Larry Page, to reach this position. Last week, he had surpassed Warren Buffet. The wealth of Mukesh Ambani is now worth USD 72.4 billion.

Notes:
Election Commissioner of India Ashok Lavasa, has been appointed as the Vice President for Private Sector Operations and Public-Private Partnerships at the Asian Development Bank.
Ashok Lavasa is to replace the incumbent Vice President Diwakar Gupta, whose term is ending on August 31. The retired IAS officer was appointed as the Election commissioner in January 2018 and he was the next senior Election Commissioner, to be appointed as the Chief, after the present CEC Sunil Arora.

Notes:
According to the statement released by the Ministry of Defence, special financial power has been delegated for capital acquisition cases up to Rs 300 crore, to the three armed services.
The Defence Acquisition Council (DAC) headed by defence minister Rajnath Singh has granted this power amid the growing border tensions between India and China, to fast-track urgent capital acquisition of arms and ammunition.

Notes:
The BRICS Chamber of Commerce and Industry (CCI) has launched a BRICS CCI Young Leaders Initiative.
The Initiative has been launched with an objective to support and empower young leaders and entrepreneurs. It also aims to provide industry exposure and job opportunities across member nations, to the youngsters.