Current Affairs Quiz - July, 2020

Notes:
The United Arab Emirates has recently announced its plans to send its first Mars mission and it has become the first Arab country to do so.
Until now, only the United States, India, USSR and the European Space Agency have successfully sent their Mars orbiter missions. China is in the process of launching its first Mars rover. The Mohammed Bin Rashid Space Centre (MBRSC) is heading the Mars project of the UAE.

Notes:
The Kuaizhou-11 carrier rocket, that was launched by China, has recently suffered a failure during its maiden flight.
Kuaizhou means ‘fast ship’ in Chinese. It is a low-cost solid-fuelled carrier rocket, that was designed to launch low-Earth orbit satellites. A malfunction occurred during the flight though the exact reason for the failure is not yet known.

Notes:
India’s drug regulator Drugs Controller General of India (DCGI) Dr V G Somani has recently approved ‘Itolizumab’ injection for treating coronavirus patients.
As per the Union Health Ministry, the drug used to treat psoriasis, will be used for emergency use on Covid-19 patients with medium to severe acute respiratory conditions. The drug has been manufactured by the biopharmaceutical company Biocon, led by Kiran Mazumdar-Shaw.

Notes:
The incumbent Prime Minister of Singapore, Lee Hsien Loong’s People’s Action Party has retained its power in the recently held general elections.
The ruling party has been in power in Singapore since 1965. This time it has won 83 of 93 parliamentary seats, which implies 61.2 per cent of the vote. In a surprise move, the opposition Workers’ Party made their best performance by securing a record 10 seats, for the first time.

Notes:
TDS is deductible at the rate of 2 % if cash withdrawal of above 1 crore made by a person who is an income-tax payee. While, TDS is deductible at the rate 2 % if cash withdrawal exceeds 20 lakh rupees and at the rate of 5 % if it exceeds one crore rupees, if made by a non-income-tax filer.
The Central Board of Direct Taxes (CBDT) has launched a new tool, through which Banks and Post offices can determine the TDS rates on cash withdrawals, by entering their PAN number.

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:
The Union Government has appointed Vikram Doraiswami as the new high commissioner to Bangladesh. Prior to this appointment, he was the Additional Secretary in charge of International Organisations and Summits at the Foreign Ministry.
Another Foreign Service Officer Rudrendra Tandon was named as the new envoy to Afghanistan. He is currently the Indian envoy to ASEAN at Jakarta.

Notes:
Union Minister of State for Shipping Shri Mansukh Mandaviya has recently approved Rs. 107 Crore for improving fire-fighting facilities at Haldia Dock Complex, Kolkata Port.
The existing fire fighting facility does not support handling of petroleum products as per the guidelines of Ministry of Petroleum and Natural Gas. This augmentation is a step towards compliance of global standards for fire safety and secure handling of petroleum products.

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:
Jack Charlton, who was a part of the 1966 World cup winning English Football team, has recently passed away, at the age of 85.
He played for the Leeds United football club for nearly 21 years before managing the Republic of Ireland. He was also a Manager of British football club Newcastle United F.C.