Current Affairs Quiz - July, 2020

Notes:
Union Bank of India that was amalgamated with Corporation Bank and Andhra Bank, has announced a corporate agency agreement with the Life Insurance Corporation of India (LIC).
Under the agreement, the bank will market various LIC products including term insurance, pension and endowment schemes among others, to its account-holders.

Notes:
The state government of Andhra Pradesh has signed an MoU with the milk cooperative major AMUL (Anand Milk Union Limited).
The agreement aims to promote empowerment of women self-help groups and encourage milk cooperatives in government sector. It also provides exposure to world class infrastructure, technology and market access to the local groups.

Notes:
Pune-based Serum Institute of India announced that the company will start trials of the Covid-19 vaccine candidate developed by Oxford University-AstraZeneca.
The trials are to be carried out by the end of August on about 5,000 Indian volunteers after getting the necessary permissions. The company also hoped that the vaccine will be hopefully launched by June next year. To manufacture 300 million doses, the company is to spend USD 200 million.

Notes:
The Union Government has recently announced that the Work-from-home exemption for IT and IT-enabled services companies is extended till December 31, 2020.
In March, the Department of Telecommunication had relaxed the norms till April to facilitate work from home amid the Covid-19 pandemic, which was then extended till July 31 and now to December 31. At present, more than 90% of the IT workforce are working remotely.

Notes:
Prime Minister of India Narendra Modi has recently laid the foundation stone for a Water Supply Project in the state of Manipur.
It is an externally funded project with an outlay of Rs 3054.58 crores with a loan funded by the New Development Bank. The Centre had provided funds under Jal Jeevan Mission for freshwater household tap connections (FHTCs). The project aims to provide FHTCs to remaining households across 16 districts of Manipur.

Notes:
Veteran Dancer Amala Shankar has passed away recently in Kolkata at the age of 101. She is the wife of classical dancer Uday Shankar.
She entered the profession at a very younger age and her first dance performance was in Belgium in the year 1931. She was active in the dance field till her 92nd year. She had won several awards and accolades including the West Bengal government’s Banga Bibhusan award in 2011.

Notes:
Following a leak at a Lavera petrochemical refinery in southern France, an orange-brown chemical sheet spread over 15 acres in the Mediterranean Sea.
This area includes the nationally recognized marine life area. The plant is said to have spilled 200 gallons or more of iron chloride into the sea. The chemical could harm eyes and mucous membranes and could even cause death.

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:
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:
Prime Minister Narendra Modi and Mauritius Prime Minister Pravind Jugnauth will jointly inaugurate the new Supreme Court building of Maldives.
The new building located in Port Louis has been built with the financial assistance of India. It is one among the five projects implemented under a USD 353-million special economic package provided by India in 2016.