Current Affairs Quiz - July, 2020

Notes:
The Prime Minister of the United Kingdom has launched a new ‘Jet Zero Council’, to tackle aviation emissions in the country.
The council was launched to mark the Prime Minister’s completion of 1 year in his office, as a part of the 350-million-pound plan to fight climate change. The council will bring together the Government, environment sector and aviation industry experts to develop the zero-emission long-haul passenger plane. UK has a target of becoming net zero by 2050.

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:
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:
Department of Science and Technology has launched a 15-crore fund to support India-Russia Joint Technology Assessment and Accelerated Commercialization Programme.
The fund has been launched in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI) and Foundation for Assistance to Small Innovative Enterprises (FASIE) of Russia. Start-ups from India and Russia will work together for technology development and cross-country technology adaptation. FICCI will implement the program in India.

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:
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:
During the Saint Petersburg declaration on tiger conservation that was signed by Tiger range countries in 2010, it was decided to celebrate 29th July as Global Tiger Day across the world.
The countries had pledged to double the tiger population by the year 2022. Global Tiger Day aims to create awareness on tiger conservation. Union Environment Minister Prakash Javadekar has released the All India Tiger Estimation Report-2018 and said that India has nearly 70 per cent of the global tiger population.

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:
India is collaborating with the United Kingdom for five new projects worth eight million pounds, to tackle anti-microbial resistance (AMR).
All the five projects are planned for September this year, after they receive clearances. The United Kingdom is to contribute four million pounds from the UK Research and Innovation Fund for the partnership. The UK has also partnered with India’s Serum Institute to manufacture the vaccine for COVID-19.

Notes:
The government has recently notified changes in the Foreign Direct Investment (FDI) norms on civil aviation.
As per the amendments, it will permit Non-resident Indian (NRI) nationals to own 100 per cent stake of Air India. The divestment process for the national carrier, Air India was initiated in the month of January and the deadline to bid has been for three times. Recently, the deadline was extended till August 31.