Current Affairs Quiz - July, 2020

Notes:
Madhya Pradesh has topped in implementing the Pradhan Mantri Street Vendors Atma Nirbhar Nidhi-PM SvaNidhi scheme.
The scheme was launched to provide a free working capital of 10,000 rupees for one year to street vendors. The state also provides assistance for vendors of rural areas in the state, along with those in urban areas. Over 15000 cases have been approved in the state and loans worth above 15 crore have been approved.

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 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:
The Chairman of Tata Group N Chandrasekaran is selected for the US-India Business Council, USIBC Global Leadership Award this year.
Along with him, the CEO of Lockheed Martin, Jim Taiclet will also receive the award. The USIBC Global Leadership Awards are conferred on executives to recognise their leadership and their contribution in promoting trade and business between India and the United States.

Notes:
Minister of State for Defence Shripad Naik recently inaugurated the 5th edition of the Conference on Aerospace and Defence Manufacturing Technologies.
The webinar was jointly organised by Tamil Nadu Technology Development & Promotion Centre (TNTDPC), Society of Indian Defence Manufacturers (SIDM), and the Confederation of Indian Industry (CII). The theme of the conference is Empowering India with ‘Aatma Nirbhar Bharat Mission’.

Notes:
The United States President Donald Trump has signed the Hong Kong Autonomy Act into law. He also signed an executive order ending US preferential treatment for Hong Kong.
The Hong Kong Autonomy Act was passed unanimously by the Congress. It gives provisions to the country, to hold accountable the individuals involved in suppressing Hong Kong’s freedom. After this act, Hong Kong will be treated the same as mainland China by the US.

Notes:
As per the recent report released by the property consultant Cushman & Wakefield, India ranks third in the list of most-suitable locations for global manufacturing, in terms of cost competitiveness and operating conditions.
Among 48 countries, China and the US bagged the top two positions of the Global Manufacturing Risk Index (MRI). Last year, India was in the fourth position in the list, which ranks 48 countries in Europe, America and the Asia-Pacific.

Notes:
Indian Institute of Technology (IIT) Madras-incubated start-up named Modulus Housing has developed a portable hospital unit.
The foldable unit called ‘MediCAB’ can be installed by four people anywhere within two hours. ‘MediCAB’ was launched recently in Wayanad District, Kerala to treat Covid-19 patients. The start-up was founded by two IIT alumni in 2008 and it is in the process of developing micro hospitals.

Notes:
Indian Council of Agricultural Research, an autonomous organisation under the Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers Welfare has recently celebrated its 92nd Foundation Day on July 16.
It was established on the same day in the year 1929 and was formerly known as Imperial Council of Agricultural Research. ICAR also announced the annual awards to various institutions and persons.

Notes:
The Reserve Bank of India (RBI) has re-appointed Shyam Srinivasan as the Managing Director and Chief Executive Officer of the Federal Bank.
The re-appointment has been made with effect from the date of his term end, September 23, 2020 till September 22, 2021. He had taken charge as the MD and CEO of the private sector bank in the year 2010.