Current Affairs Quiz - July, 2020

Notes:
Union Information and Technology minister Ravi Shankar Prasad represented India in the G20 Digital Ministers’ Meet.
The Ministerial meet is hosted by Saudi Arabia, which holds the current Presidency. The Union Minister called for digital platforms to be accountable and sensitive to the concerns of all countries in terms of safety and privacy.

Notes:
The Supreme Court has endorsed the suggestion of the Uttar Pradesh government in the composition of the commission to probe the encounter involving gangster Vikas Dubey and other events leading to his death.
Former judge of the Supreme Court of India, Justice B S Chauhan will head the Commission. Another High Court Judge Shashi Kant Aggarwal and former DGP K.L Gupta will be the members of the commission, which will submit its report in two months.

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 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:
The United Nations Environment Programme (UNEP) and the International Energy Agency (IEA) have jointly released a report titled ‘Cooling Emissions and Policy Synthesis Report: Benefits of cooling efficiency and the Kigali Amendment’ report released July 17, 2020.
As per the report, the world will need more than 10 billion new cooling appliances by 2050, that will make the count of such machines to 14 billion. As per the report around 3.6 billion appliances are being used and it is increasing by up to 10 cooling appliances every second.

Notes:
The Ministry of Defence has recently issued formal sanction order for granting Permanent Commission (PC) to Women Officers in the Indian Army.
As per the order, permanent commission has been granted to Service Commissioned (SSC) Women Officers in all ten streams of the Indian Army including Army Air Defence (AAD), Army Service Corps (ASC) among others.

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:
Indian Overseas Bank (IOB) announced that Partha Pratim Sengupta has been appointed as its new Managing Director and Chief Executive.
He was a former Deputy Managing Director at the State Bank of India (SBI). The appointment is made up to the date of attaining the age of superannuation in 2022. He is to succeed the previous MD & CEO Karnam Sekar.

Notes:
The Oxford-AstraZeneca vaccine candidate is to be called as ‘Covishield’ in India, as per the statement of the Serum Institute of India (SII).
SII is the largest vaccine maker in the world and it has partnered with AstraZeneca for manufacturing the Oxford vaccine candidate. Recently, it has sought permission from the Drugs Controller General of India (DCGI) to conduct phase 2 and 3 human clinical trials of the potential vaccine.

Notes:
As per the latest report released by the Ministry of Statistics and Programme Implementation (MoSPI), about 403 infrastructure projects are hit by cost overruns of Rs 4.05 lakh crore.
Due to delays and other reasons, the projects each worth Rs 150 crore or more have been affected by overruns. MoSPI monitors infrastructure projects worth Rs 150 crore and above. Out of the 1686 projects, while 403 ones reported cost overruns and 530 projects reported time escalation.