Current Affairs Quiz - July, 2020

Notes:
The Securities and Exchange Board of India (SEBI) has recently revamped its advisory committee on mutual funds.
As per the recent release of SEBI, the 20-member advisory committee is headed by the former deputy governor of Reserve Bank of India (RBI), Usha Thorat. The panel which was originally created in 2013 had 15 members, headed by Janki Ballabh. The committee advises SEBI on regulation and development of mutual fund industry.

Notes:
The Asia Cup is a popular cricket tournament organised by the Asian Cricket Council (ACC). It was established in 1983 and includes men’s One Day International and Twenty20 International cricket tournament.
Recently, the Asian Cricket Council announced that the tournament that was scheduled to be held in September this year in Sri Lanka, has been postponed till June 2021.

Notes:
Technology Information, Forecasting and Assessment Council (TIFAC), an autonomous organization under the Department of Science & Technology has prepared a white paper on “Focused Interventions for ‘Make in India’: Post COVID 19” and “Active Pharmaceutical Ingredients: Status, Issues, Technology Readiness and Challenges”.
Union Minister Harsh Vardhan released the white papers prepared by TIFAC, during a virtual event. The paper highlights high priority sectors, technologies and strategies to accelerate growth in the time of COVID-19.

Notes:
The internet regulator of China, Cyberspace Administration of China has announced that it has launched a two-month nation-wide campaign to clean up websites aimed at users under the age of 18.
Earlier, China has imposed limits on online play time for young users after gaming addiction was rising among children. As per the watchdog, the aim of this campaign was to promote a healthy online environment.

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:
Global leader in payments technology Visa has partnered with Federal Bank to deploy Visa Secure to the bank’s cardholders.
Visa Secure is an authentication program that uses the latest standards of the EMV protocol. This upgraded technology will provide security to curb online frauds and quick check-out experience to the card-holders.

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 historic Sree Padmanabhaswamy Temple located at Thiruvananthapuram in Kerala, has been in dispute over its management. It is considered as one of the richest temples in the country.
The Supreme Court of India has recently upholded the rights of Travancore royal family in the administration of the temple. This dispute has been pending in the Supreme Court for the past nine years after charges of financial irregularities. The Travancore Royal house had ruled southern Kerala and some parts of Tamil Nadu.

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 CMD of Reliance Industries Limited (RIL), Mukesh Ambani announced at the annual general meeting, that Jio platforms and Google will jointly develop a new Android-based smartphone system.
An entry level affordable smart phone by optimising the Android operating system would be jointly developed by the two giants. Google also announced that it will invest Rs 33,737 crores in Jio for developing 5G technology.