Current Affairs Quiz - July, 2020

Notes:
The Defence Research and Development Organisation (DRDO) has handed over its indigenously-developed drone named Bharat to the Indian Army.
The drones will be deployed for carrying out accurate surveillance in high altitude areas and mountainous terrain in Eastern Ladakh. The drone developed by a Chandigarh-based DRDO laboratory, is claimed to be the World’s most agile and lightest Surveillance drone.

Notes:
Award-winning Spanish novelist Juan Marsé has recently passed away at the age of 87. He was considered one of the most-respected novelists of Spain.
He had won several prestigious awards including the Spain’s’ top literary award, the 2008 Cervantes Prize and the Planeta Prize, among others. His most popular novel was Úlitmas tardes on Teresa (Last Afternoons with Teresa) that was published in 1965.

Notes:
National Broadcasting Day is celebrated in India on July 23 every year. On the same day in the year 1927, the first ever radio broadcast in the country was carried out from the Bombay Station.
The first broadcast was done by a private organisation called the Indian Broadcasting Company. At present, Prasar Bharati is the National public service broadcasting agency. It comprises of Doordarshan Television Network and All India Radio.

Notes:
Indian leading Private Sector bank Karur Vysya Bank (KVB) has named Ramesh Babu Boddu as the Managing Director & Chief Executive Officer for three years.
The bank’s Board of Directors has also selected Ramesh Babu Boddu as an Additional Director. Three months back, he superannuated as Deputy Managing Director in State Bank of India. KVB is headquartered in Karur in Tamil Nadu and has completed 100 years of operation.

Notes:
The National Aeronautics and Space Administration (NASA) announced that it has started to work on a new mission named ‘ASTHROS’.
It stands for Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Sub millimeter-wavelengths (ASTHROS). The mission aims to send a telescope on a football stadium-sized balloon into the stratosphere to observe far-infrared light, that is invisible from the Earth. It is proposed to be launched in 2023 from Antarctica.

Notes:
Turkmenistan became the 25th country with a status of an observer in the World Trade Organization (WTO).
The member-states of the WTO General Council unanimously adopted the resolution on granting the status of an observer in WTO to the Central Asian country. There are 164 WTO member-states at present and 25 countries possess the status of an observer including Turkmenistan.

Notes:
E-Commerce Giant Flipkart has announced that it will acquire parent Walmart’s wholesale business, ‘Best Price’.
The loss-ridden cash-and-carry business of Walmart in India is the last part of Walmart to be acquired by Flipkart marking a complete consolidation. This acquisition is expected to help Flipkart to expand its business-to-business vertical.

Notes:
The Union Government has issued a certificate of Geographical Indication (GI) registration for Saffron grown in the Union Territory of Jammu &Kashmir.
The GI tag would ensure better remunerative price to the farmers growing Saffron in Kashmir Valley. This would also increase export of the unique Kashmir saffron and curb the fake products being sold. The UT is also inaugurating a Spice Park next month.

Notes:
World Hepatitis Day is commemorated each year on 28 July across the world, by the World Helath Organisation.
It is observed to enhance awareness of viral hepatitis, an inflammation of the liver that causes several health problems. This year, the theme of the ‘World Hepatitis Day’ 2020 is “Hepatitis-free future”. Among the five main streams, Hepatitis B and C are the most common cause of deaths.

Notes:
Union Finance Minister Nirmala Sitharaman has recently attended the 5th Annual Meeting of Board of Governors of Asian Infrastructure Investment Bank (AIIB).
A roundtable discussion was conducted on the theme ‘AIIB 2030-Supporting Asia’s Development over the Next Decade’. The bank had earlier provided a financial assistance of about USD 10 billion to combat Covid-19.