Current Affairs Quiz - July, 2020

Notes:
The Union Defence Minister of India Rajnath Singh has inaugurated six major bridges in the Union Territory of Jammu & Kashmir, through video conferencing.
The bridges are located near the International Border (IB) and Line of Control (LoC) in Jammu and Kashmir. These strategically important bridges were completed by the Border Roads Organisation (BRO) in a record time.

Notes:
The first international cricket match, after the occurrence of Covid-19, commenced between England and West Indies.
The test match started at Ageas Bowl in London. After the delay of 117 days caused by the Covid-19 pandemic, the international cricket match has begun. England team is lead by Ben Stokes while the West Indies team is led by Jason Holder.

Notes:
Reliance Industries (RIL) and the UK-based oil company BP, to start their new fuel retail and mobility joint venture (JV).
As per the joint statement released by the companies, the newly launched JV company is named as Reliance BP Mobility (RBML). Moreover, the JV will begin to rebrand RIL fuel retail outlets to Jio-BP. The new company also aims to provide electric vehicle charging facilities.

Notes:
The Insurance Regulatory and Development Authority (IRDAI) has constituted a working group to study feasibility of forming a ‘pandemic risk pool’.
A pool is proposed to be formed, which addresses the risks that are arising out of the pandemic. The existing insurance laws do not cover business interruption losses and this pool is aimed to address this issue. The panel is expected to submit its report in eight weeks.

Notes:
Central Public Sector Undertaking under Ministry of Power NTPC Ltd has won the prestigious CII-ITC Sustainability Award 2019, under Outstanding Accomplishment in Corporate Excellence Category.
The enterprise also received Commendation for Significant Achievement in category of Corporate Social Responsibility (CSR). The company runs a CSR program called GEM (Girl Empowerment Mission), which is a residential program for school going girls, who are residing near the company’s power stations.

Notes:
The officials at Wimbledon club has announced that will pay out USD 12.5 million in prize money to over 600 players despite the tournament’s cancellation.
The oldest tennis tournament in the world, London-based prestigious Wimbledon championship was cancelled because of the coronavirus pandemic. After consultations with their insurance provider, all the 256 players who would have competed in the main event will be paid equally.

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:
The Bombay Stock Exchange (BSE) has recently signed a Memorandum of Understanding (MoU) with IIT Alumni Council to encourage listing of start-ups.
IIT Alumni Council is the largest body of alumni, students and faculty across all the 23 IITs. The partnership aims at developing confidence among investors in the start-up’s platform. This will also ensure a complete ecosystem for the proposed social stock exchange.

Notes:
India’s oldest apex industry body Federation of Indian Chambers of Commerce & Industry (FICCI) has projected India’s annual median GDP growth for 2020-21 at -4.5%.
This has been projected in the association’s Economic Outlook Survey in the SBI Banking and Economics Conclave. It had previously predicted India’s growth rate to be 5.5 per cent in the January 2020 survey. In the conclave, RBI Governor said that Indian economy has started showing signs of getting back to normalcy.

Notes:
The Chairperson of the Indian Space Research Organisation, Dr Kailasavadivoo Sivan has been named as the recipient of the 2020 Von Karman Award.
The award was constituted by the International Academy of Astronautics (IAA) and will be conferred in March 2021 in Paris. It is named after the aerospace engineer and aerodynamics expert Theodore von Karman. K Sivan is only the third Indian to receive this award after Kasturirangan and U.R. Rao.