Current Affairs Quiz - July, 2020

Notes:
India’s third-largest public sector bank, Bank of Baroda (BoB) has recently launched ‘Insta Click Savings Account’.
This is a completely paperless, digital and self-assisted online savings account. The process uses a new form of digital KYC and Aadhaar-based OTP authentication of the customer. A customer can access the bank’s website to open the account, which gets activated in real-time. Baroda M Connect Plus is to be used for further transactions.

Notes:
The United States has recently ordered China to close its consulate in Houston. This is a sequel of punitive measures against China including the travel bans, strict registration requirements among others.
The State Department said it ordered the consulate to shut down within 72 hours to protect American intellectual property and the private information of Americans. China has its embassy in Washington, its mission to the United Nations in New York, and consulates in New York, Chicago and Los Angeles.

Notes:
The Karnataka Cabinet has recently cleared the formation of Karnataka Digital Economy Mission. The mission is incorporated as a new company with the state government holding 49 per cent and industries and other stakeholders holding 51 per cent.
The company aims to promote over 7,000 start-ups, e-commerce and other gig (informal) economy companies in the State. Prior to this mission, these firms were operating under the Technology Mission of the state and were governed by various departments.

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:
Social media Giant WhatsApp announced that it is set to partner with banks to expand banking services in India.
India is the biggest market of WhatsApp with over 400 million users. The messaging platform has already collaborated with banks including ICICI Bank and HDFC Bank for automated business messaging. This partnership would help expand banking services for low-income people and in rural areas.

Notes:
Technology giant Microsoft has partnered with the National Basketball Association (NBA) to set virtual fans in the game stands.
Microsoft will use its newly launched Teams app and 17-foot-tall LED screens to put around 300 virtual fans in the stands of each game. Fans can login the Teams app and use the “Together mode”, which simulates a group of people sitting in a room.

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 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:
The birth anniversary of 11th President of India Dr APJ Abdul Kalam, October 15 has been recognised by the United Nations to be celebrated as World Students’ Day.
Recently, the country remembered the Missile Man of India on his fifth death anniversary, on July 27. While addressing students at Indian Institute of Management Shillong, the former President died of cardiac arrest.

Notes:
Pune based Defence Institute of Advanced Technology (DIAT) has developed a Medical Bed Isolation System named Aashray, to fight COVID-19.
The system has individual envelopes made up of specialized material that stops the virus spread from patient to others. It consists of negative pressure suction near exhale and tools to filter and disinfect aerosol. The portable and reusable system can be used in quarantine facilities.