Current Affairs Quiz - July, 2020

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.

Notes:
The state Government of Odisha is implementing a pension scheme named ‘Madhu Babu Pension Yojana’.
Recently, it was announced that the people of transgender community will also be included in the Pension scheme. Under the scheme, financial assistance is provided to the destitute elderly, differently-abled persons and widows. Now, Around 5,000 transgenders will get a monthly pension between Rs 500 and Rs 900 based on their age.

Notes:
CSIR-Central Mechanical Engineering Research Institute has developed COVID Protection System (COPS) for Workplace. It is located in Durgapur, West Bengal.
The system comprises of a contactless Solar Intelligent Mask Dispensing Unit and Thermal Scanner (IntelliMAST), Touchless Faucet (TouF) and a 360° Car Flusher. This would provide full protection to Healthcare Workers as well as the frontline Security Guards.

Notes:
Formula One champion Lewis Hamilton has won the Hungarian Grand Prix held at Budapest, Hungary.
British Driver Lewis Hamilton has clinched his 86th Grand Prix tournament. He is just five victories behind the legendary driver Michael Schumacher, who had won 91 races. Lewis Hamilton won this tournament for the eighth time and equalled Michael Schumacher’s single-venue record.

Notes:
Researchers from National University of Singapore have found a giant ‘Sea cockroach’ in the Indian Ocean.
The cockroach, which belongs to a new species, has been given the name “Bathynomus raksasa”. It can grow up to 20 inches, which will make it the second-largest isopod species known. They have 14 legs and related to crabs and shrimp. They live on ocean bed and survive by scavenging remains of dead marine animals.

Notes:
The Jammu and Kashmir administration has approved insurance cover of ₹25 lakh to all panchayat members in the Union Territory.
All elected BDC chairperson, sarpanches, panches and elected members of municipal bodies are covered in the event of death due to militancy. Last month, a sarpanch was shot dead by militants in south Kashmir. The UT also made an amendment to grant short-term permits to the Panchayati Raj Institutions (PRIs) on land up to 1 hectare, till September 30, 2021.

Notes:
Indian Navy has commenced Passage Exercise (PASSEX) along with the United States Navy near the Andaman and Nicobar Islands in the Indian Ocean.
The training exercise involved a total of eight Indian and US warships, including the flagship USS Nimitz, USS Princeton, USS Sterett and USS Ralph Johnson. India was represented by INS Rana, INS Sahyadri, INS Shivalik and INS Kamorta.

Notes:
As per the data published in the Lancet journal, the potential Covid-19 vaccine developed by Oxford University has produced strong immune response.
The institution has completed phase 1 and phase 2 trials and the study highlighted that the trials have not led to any unexpected reactions. Jenner Institute of the University of Oxford has developed the potential vaccine, which is backed by the British-Swedish pharmaceutical company, AstraZeneca.

Notes:
The Ministry of Micro, Small and Medium Enterprises (MoMSME) has signed a Memorandum of Understanding (MoU) with the Central Board of Direct Taxes (CBDT) for sharing of data.
Under the MoU, certain Income-tax Return (ITR) related information will be seamlessly shared by the Income Tax Department to Ministry of MSME. With this data, the Ministry will be able to check and classify the enterprises, as per the MSME category.

Notes:
India and Maldives have recently signed an agreement for establishment of ‘Emergency Medical Services’ in the capital of Maldives, Male.
India is set to grant assistance of around 20 million US dollars to Maldives for this project. India has been assisting the country in several small and medium projects. This medical service facility will ensure quality emergency care during critical times.