Current Affairs Quiz - July, 2020

Notes:
The tropical Storm Fay has created heavy rains and floods and has made landfall in New Jersey, before it weakened and moved over the region.
As per the U.S. National Hurricane Center, the storm was moving north at 27 kph and producing top sustained winds of 64 kph. The storm created landfall along the coast of New Jersey. Several beaches in the place were closed and flash flooding is also expected.

Notes:
India and Bhutan have recently opened a new trade route between Jaigaon in West Bengal and Pasakha in Bhutan.
Vehicles carrying goods and commodities plied through the alternate trade route between Jaigaon and Ahlay in Pasakha. As per the Indian Embassy in Thimpu, an additional Land Customs station has been opened at Ahllay, Pasakha by the Government of India.

Notes:
Union Fisheries, Animal Husbandry and Dairying Minister Giriraj Singh launched the implementation guidelines for Animal Husbandry Infrastructure Development Fund, AHIDF.
The 15000 crore rupees worth fund was approved by the Union Cabinet last month under the Atma Nirbhar Bharat Abhiyaan stimulus package. Under the fund, Farmer Producer Organizations, MSMEs, Private Companies and individual entrepreneurs with minimum 10% margin are given 90% loans from scheduled banks, for developing infrastructure for animal husbandry.

Notes:
Union Shipping Minister has recently flagged off first trial container ship from Kolkata Port to Agartala through the Chattogram port of Bangladesh.
This trial run has been done under the Agreement on using Chattogram and Mongla Ports for movement of India’s transit cargo through Bangladesh. It will provide a shorter route to connect the North East Region of India through Bangladesh.

Notes:
According to a survey by Projects Today, an online database of projects, Tamil Nadu is the top investment destination in India in first quarter of 2019-20.
The investment flow in the state amounts to Rs 18,236 crore, which is around 18.63 per cent of the total fresh investment. The state has signed as many as 17 agreements in May 2020. It is followed by Maharashtra with investment flow of Rs 11,229 crore.

Notes:
India has recently signed a Memorandum of Understanding with the United States, to store strategic reserves of Petroleum in the US.
The countries are also planning to store oil in America’s strategic reserve to increase India’s oil reserves. Union Minister of Petroleum and Natural Gas Dharmendra Pradhan co-chaired a virtual US-India Strategic Energy Partnership Ministerial with his American counterpart Energy Secretary Dan Brouillette.

Notes:
Union Environment, Forest and Climate Change Minister Prakash Javadekar has informed that the Zonal Master Plan of Bhagirathi Eco-Sensitive Zone has been approved by the government.
The Minister announced this during the review meeting of the Chaardhaam Road Project. This approval will fast-track the execution of the project of the Uttarakhand state and will help to conserve ecology in the state.

Notes:
Form 26AS is an annual statement, that contains information on various taxes deducted on the tax-filer’s income by deductors.
Recently, the Income Tax Department of CBDT has introduced a new ‘Form 26AS’ with an aim to assist Tax payers in filing Income Tax Return quicker. The new form will calculate the correct tax liability and is expected to bring in transparency in tax administration.

Notes:
Formula One champion Lewis Hamilton has won the Hungarian Grand Prix held at Budapest, Hungary.
British Driver Lewis Hamilton has clinched his 86th Grand Prix tournament. He is just five victories behind the legendary driver Michael Schumacher, who had won 91 races. Lewis Hamilton won this tournament for the eighth time and equalled Michael Schumacher’s single-venue record.

Notes:
Researchers from National University of Singapore have found a giant ‘Sea cockroach’ in the Indian Ocean.
The cockroach, which belongs to a new species, has been given the name “Bathynomus raksasa”. It can grow up to 20 inches, which will make it the second-largest isopod species known. They have 14 legs and related to crabs and shrimp. They live on ocean bed and survive by scavenging remains of dead marine animals.