Current Affairs Quiz - July, 2020

Notes:
The state government of Rajasthan has recently approved the ‘One-stop shop’ scheme, to fast-track investments and enable recovery of industries amid the Covid-19 pandemic.
The new scheme will fast-track all processes in the investment proposals above ₹10 crore. Over 98 types of clearances will be given under one roof through the Bureau of Investment Promotion (BIP). For implementing the scheme, the Cabinet approved amendments to the Rajasthan Enterprises Single Window Enabling and Clearance Act, 2011.

Notes:
India is in the process of developing a rapid testing kit for Covid-19, in collaboration with Israel. The proposed kit is expected to give results in less than 30 seconds.
A team from Israel’s Research and Development (R&D) Team of Defence Ministry will arrive in India to develop the rapid testing kit. The team has been working with India’s Defence Research and Development Organisation (DRDO) and Principal scientific adviser, K. Vijay Raghavan.

Notes:
The Defence Institute of High-Altitude Research (DIHAR) is a life science laboratory of the Defence Research and Development Organisation (DRDO) working on cold arid agro-animal technologies.
The Defence Research and Development Organisation (DRDO) has established a COVID-19 testing facility at the DIHAR in Leh. The testing facility is capable of screening 50 samples per day and it enhances the capacity of testing in the Union Territory of Ladakh.

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:
Reserve Bank of India releases a bi annual report called the financial stability report (FSR). The latest edition was released recently.
RBI has estimated that the gross non performing asset (GNPA) ratio of all banks may increase from 8.5% in March 2020 to 12.5% by March 2021. GNPA ratio of public sector banks will increase to 15.2% in March 2021. The main reason for this dip is the slowdown in the economy due to the Covid-19 induced lock-down.

Notes:
Researchers at IIT Kharagpur have developed a new low-cost, portable device that can test for Covid-19 and give results in an hour.
The new technology has accuracy similar to the RT-PCR test, which is now considered the standard for testing. The device uses a disposable paper strip for analysing the sample and the results are made available in a mobile application.

Notes:
World Hepatitis Day is commemorated each year on 28 July across the world, by the World Helath Organisation.
It is observed to enhance awareness of viral hepatitis, an inflammation of the liver that causes several health problems. This year, the theme of the ‘World Hepatitis Day’ 2020 is “Hepatitis-free future”. Among the five main streams, Hepatitis B and C are the most common cause of deaths.

Notes:
India Meteorological Department, Union Ministry of Earth Sciences launched a weather forecast application for general public.
Named as Mausam, the application offers information on five details including current temperature, humidity, wind speed and wind direction for 200 cities. The information is updated eight times a day. While this app is meant for everyone, IMD already has another app meant only for farmers and agriculturists called Meghdoot.

Notes:
The 2023 International Cricket Council (ICC) World Cup is to be organised in India. ICC has recently launched a 50-over World Cup Super League.
This Qualification league will determine the seven teams in the World Cup. As India is the host, it will automatically qualify to the game. The league will start with a series between England and Ireland, scheduled on July 30.

Notes:
The world’s first electrified rail tunnel fit to run double-stack containers is being constructed by the Indian Railways in Haryana.
Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) has recently conducted a tunnel-breaking ceremony on completion of caving work for the tunnel of Western Dedicated Freight Corridor (WDFC) through Aravalli mountain range. One among the biggest railway tunnels, it connects Rewari and Dadri and itwill be completed within a year.