Current Affairs Quiz - July, 2020

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:
Union Minister of Agriculture and Farmers’ Welfare Narendra Singh Tomar has virtually inaugurated a world-class Honey Testing Laboratory.
The state of Art laboratory has been established by National Dairy Development Board (NDDB) with support of National Bee Board (NBB), in Anand, Gujarat. Department of Agriculture, Cooperation & Farmers’ Welfare has approved the National Bee Keeping and Honey Mission (NBHM) for a period of 2 years.

Notes:
The Reserve Bank of India has signed necessary documents for extending USD 400 million currency swap facility to the Central Bank of Sri Lanka.
Sri Lanka had earlier requested for a currency swap facility under the SAARC Currency Swap Framework. This swap arrangement will remain available till November 2022 and is expected to assist Sri Lank to address the economic crisis caused by the Covid-19 pandemic.

Notes:
The United States has announced that it has relaxed standards for exporting drones that fly at below 800 km per hour to its friendly countries.
This step has been taken to increase the national security of the United States by improving the capacities of its partners. The exposure of drone market to the US industry will also improve its economic security. However, higher-speed systems such as cruise missiles and advanced unmanned combat aerial vehicles are not affected by this revision.

Notes:
Australia has recently filed a formal declaration statement to the United Nations to reject the claims of China in the South China Sea.
Australia has claimed that there were no legal issues to the disputed claims of China in the sea, including those related to construction of artificial islands on shoals and reefs. Earlier, the US Secretary of State Mike Pompeo declared China’s claims of territory and resources in the South China Sea as illegal.

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.

Notes:
World Nature Conservation Day is celebrated every year on July 28, to create and increase awareness about the importance of natural resources.
The day encourages people to protect Earth’s natural resources and lead a sustainable life style. It also educates people to use the resources judiciously without exploiting the nature Earth. Ministry of Culture has said that Worshipping Nature is a part of Indian culture.

Notes:
The Chairman of Tata Sons N Chandra Sekaran announced that Thierry Bollore would be appointed as the new Chief Executive Officer (CEO) of Tata’s British luxury arm Jaguar Land Rover (JLR).
Thierry Bollore, who was previously working with the Renault, will assume office with effective from September 10. He is to succeed Professor Sir Ralf Speth, who would take up the position of Non-Executive Vice Chairman of Jaguar Land Rover.

Notes:
Australian Minister for Immigration and Citizenship recently announced that out of the over 2,00,000 people who became Australian citizens in 2019-2020, around 38,000 were Indians.
They are the largest international community to be granted the Australian citizenship. This figure is also 60 per cent increase from the previous year. India is followed by the people of the UK, China and Pakistan.