Current Affairs Quiz - July, 2020

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 Indian government has recently sent USD 1 million worth of anti-tuberculosis medicine to North Korea after requested by the World Health Organization (WHO).
As per the press release issued by the Ministry of External affairs, the medical assistance is under the ongoing WHO anti-tuberculosis programme in North Korea.

Notes:
The Reserve Bank of India has released the ‘Report of the Committee for Analysis of QR (Quick Response) Code’.
The Committee was constituted by RBI in December 2019 under the Chairmanship of Prof. D.B. Phatak, to review the present system of QR Codes in India in digital payments. The report asked the Government to provide incentive schemes to popularise QR code transactions among consumers. It also recommended phasing out proprietary and closed loop QR codes.

Notes:
The Oxford-AstraZeneca vaccine candidate is to be called as ‘Covishield’ in India, as per the statement of the Serum Institute of India (SII).
SII is the largest vaccine maker in the world and it has partnered with AstraZeneca for manufacturing the Oxford vaccine candidate. Recently, it has sought permission from the Drugs Controller General of India (DCGI) to conduct phase 2 and 3 human clinical trials of the potential vaccine.

Notes:
The Saudi Arabian Oil Company otherwise called as Saudi Aramco is a multinational petroleum and natural gas company. It is the world’s biggest energy firm, with USD 1.75 trillion market capitalization.
Recently, the Reliance Industries surpassed Exxon Mobil Corp. to become the world’s second largest energy company. Reliance has the world’s biggest oil refinery complex. Its market value is USD 189 billion, as on July 27, 2020.

Notes:
The Sree Sree JoyKali Matar temple, one of the oldest temples in Bangladesh, has been reconstructed with the Indian assistance of Taka 97 lakh.
The High Commissioner of India to Bangladesh Riva Ganguly Das has inaugurated the reconstructed temple at Natore. The MoU for the process was signed in the year 2016. The Indian assistance was given under its High Impact Community Development Project (HICDP). Several other community projects are also being carried out under this fund.

Notes:
As per the latest report released by the Ministry of Statistics and Programme Implementation (MoSPI), about 403 infrastructure projects are hit by cost overruns of Rs 4.05 lakh crore.
Due to delays and other reasons, the projects each worth Rs 150 crore or more have been affected by overruns. MoSPI monitors infrastructure projects worth Rs 150 crore and above. Out of the 1686 projects, while 403 ones reported cost overruns and 530 projects reported time escalation.

Notes:
State Bank of India (SBI) has provided a liquidity support of USD 16.20 million for local businesses in Maldives.
SBI has also deferred loan repayment for over 200 retail accounts. On the occasion of Independence Day of the Maldives on July 26, SBI’s Covid relief measures have been announced. India had earlier made an assistance of USD 400 million to Maldives through extended currency swap arrangement.

Notes:
One of the oldest flying clubs in India, the Bombay Flying Club has become the first drone training school approved by the Directorate General of Civil Aviation (DGCA).
DGCA has approved the application of the club for conducting remote pilot training for remotely piloted aircraft systems. All drones should be registered with the Directorate General of Civil Aviation (DGCA) and should receive Drone acknowledgement numbers (DANs).

Notes:
Ministry of Earth Sciences (MoES) has recently announced the National Awards for excellence in Earth System Science.
The Life Time Excellence Award is being awarded to Professor Ashok Sahni for his contribution in the field of Geology and Biostratigraphy. The National Award for Ocean Science and technology is being awarded to Dr. V. V. S. S. Sarma and Dr. M. Ravichandran.