Current Affairs Quiz - July, 2020

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:
Union Home Minister Amit Shah has recently launched the nationwide tree plantation drive of the Central Armed Police Forces (CAPF).
Under this nationwide drive, Jawans of Central Armed Police Forces plated saplings in Chhattisgarh. The personnel of CAPF’s child agencies: BSF, CRPF, ITBP and CISF also planted saplings in their campuses. CAPFs have fixed a target of planting more than 1.35 crore saplings by this month.

Notes:
The birth anniversary of Nepali poet Bhanu Bhakta Acharya is celebrated as ‘Bhanu Jayanti’, in the state of Sikkim.
The poet is revered in Nepali Literature as ‘Adikavi’ and he is said to have laid the foundation of the Nepali literature. He had also translated several religious scripts from Sanskrit to Nepali. The Governor Ganga Prasad and Chief Minister Prem Singh Tamang participated in the commemorative event.

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:
The CEO of Google Sundar Pichai has recently announced the launch USD 10 billion ‘India Digitization Fund’.
This was announced at the ‘Google for India’ virtual live-stream event, which focused on accelerating India’s digital economy. Through this initiative, Google will invest about Rs 75000 Crores in India over the next 5 to 7 years. The fund will focus on enabling affordable access and information to every Indian.

Notes:
The ‘World Youth Skills Day’ is celebrated across the world on July 15 every year, across the world. The United Nations General Assembly declared the day in the year 2014.
It highlights the importance of training young people with skills for decent employment and entrepreneurship. As per the announcement from the United Nations, several virtual events focussing on the theme of “Skills for a Resilient Youth” will take place, to mark the day. Skill India Mission was launched on the same day, five years ago.

Notes:
The International Olympic Committee (IOC) has postponed the 2022 Dakar Youth Olympics for four years, to 2026.
This decision has been taken due to the coronavirus pandemic. The Youth Summer Games, to be held in Senegal’s capital, will be the first Olympics to be organised in Africa. The Tokyo Olympics is scheduled to be held in July 2021 and Beijing Winter Olympics in February 2022.

Notes:
The Reserve Bank of India (RBI) has announced has released guidelines for ‘Fair Practices Code’ for Asset Reconstruction Companies (ARCs).
The guidelines are released by the RBI, under the powers conferred by the SARFAESI Act, 2002. As per the recent guidelines ARCs have to follow transparent and non-discriminatory practices in acquisition of assets.

Notes:
The Health Minister of Kerala KK Shailaja has recently announced that the rate of community transmission in Covid-19 clusters in the state is more than 50%.
In the 84 clusters in the state, local transmission is more than 50%. However, the rate of transmission is less than 10% outside the clusters. The Chief Minister Pinarayi Vijayan also confirmed that community transmission was detected in two coastal villages of Thiruvananthapuram.

Notes:
The state Government of Andhra Pradesh has announced the Andhra Pradesh Renewable Energy Export Policy, 2020.
The policy aims to attract private investments in establishing renewable power projects of 120 gigawatts (GWs) in the state. The state Cabinet has recently approved the Export policy, which is to be implemented by NREDCAP (New and Renewable Energy Development Corporation of AP Limited).