Current Affairs Quiz - July, 2020

Notes:
Reliance Industries Ltd (RIL) became the first Indian company to hit a market capitalisation of Rs 12 lakh crore.
In less than a month, the company has added over a market capitalisation of Rs 1 lakh crore, to stand at Rs 12.24 lakh crore. Since April, the company witnessed investments from 12 global investors. Recently, the wireless technology leader Qualcomm invested Rs 730 crores in Jio platforms.

Notes:
Confederation of Indian Industry (CII) has recently announced that Kunal Bahl has assumed charge as the Chairman of its e-commerce committee for the year 2020-21.
Kunal Bahl is the Co-founder & CEO of popular e-Commerce firm Snapdeal. The agenda of the committee is the upcoming e-commerce policy, consumer protection rules and promotion of exports through e-commerce.

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:
NITI Aayog has estimated that India needs 6.2% additional spending of GDP to achieve 2030 Sustainable Development Goals.
The country’s think tank said this in its second Voluntary National Review (VNR) at the UN high-level political forum (HLPF) on sustainable development, 2020. India needs to upgrade its statistical system, improve its monitoring mechanism and capacity building of all stakeholders. It also advised that the Budget should be aligned with SDGs.

Notes:
The United Nations has recently released a report titled ‘the State of Food Security and Nutrition in the World’, prepared jointly by FAO, UNICEF, IFAD and WFP.
As per the report, the number of undernourished people in India has fell down from 249.4 million in 2004-06 to 189.2 million in 2017-19. There was a rise in obesity level in India, as per the report. India and China are the only Asian countries that reported a reduction in number of undernourished people.

Notes:
The United Nations Economic and Social Council (ECOSOC) is one of the six principal organs of the United Nations, headquartered at New York.
The High-Level Segment of UN ECOSOC (United Nations Economic and Social Council) is to be held on July 17 in New York in the theme of “Multilateralism after COVID19: What kind of UN do we need at the 75th anniversary”. Indian Prime Minister Narendra Modi is to address the valedictory session.

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 World Health Organization and UNICEF has warned about the huge decline in the number of children receiving life-saving vaccines around the world.
Due to the disruptions in the immunization services caused by the COVID-19 pandemic, this dip has been observed. The HPV (Human Papillomavirus) vaccines to be sent to 106 countries are in the verge of lapsing. The number of children completing 3 doses of the vaccine against diphtheria, tetanus and pertussis (DTP3) also reduced for the first, in the last 28 years.

Notes:
As per the statement released by the Directorate General of Foreign Trade (DGFT), the Government has amended the import policy of Power tillers and its components from ‘free’ to ‘restricted’.
The importer is required to seek a license from the DGFT for importing the product categorised as ’restricted’. This move is expected to curb the inward shipment of the equipment that comes mainly from China.

Notes:
World Emoji Day is celebrated every year on July 17, across the world. It was founded by Jeremy Burge.
He is called an emoji historian as he created an unofficial Wikipedia for emojis named Emojipedia. This day has been observed since 2014, to celebrate the usage of emojis, the ideograms used in online text conversations.