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:
1987 batch Bihar cadre IAS officer Rajesh Bhushan has been appointed as the new Health secretary, after July 31 this year.
As per the recent Personnel Ministry order, Rajesh Bhushan, the Officer on Special Duty in the Department of Health and Family Welfare will succeed the present Secretary Preeti Sudan. Sushil Kumar has been appointed secretary of the National Commission for Scheduled Castes. Ram Kumar Mishra has been named Women and Child Development secretary.

Notes:
India and the United Kingdom has organised the 14th Joint Economic and Trade Committee meeting virtually.
The meeting was co-chaired by Minister for Commerce and Industry Piyush Goyal and UK Secretary of State for International Trade, Elizabeth Truss. Both the countries confirmed their shared commitment to a Free Trade Agreement.

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:
The Reserve Bank of India has released the ‘Report of the Committee for Analysis of QR (Quick Response) Code’.
The Committee was constituted by RBI in December 2019 under the Chairmanship of Prof. D.B. Phatak, to review the present system of QR Codes in India in digital payments. The report asked the Government to provide incentive schemes to popularise QR code transactions among consumers. It also recommended phasing out proprietary and closed loop QR codes.

Notes:
The Cotton Corporation of India (CCI) is to set up its own Cotton warehouse in Vietnam, to boost Exports.
A government-to-government Memorandum of Understanding is also being prepared to export 1.5-2 million bales of cotton to Bangladesh. CCI holds surplus stocks of cotton before the next harvest season and this plan has been made.

Notes:
Australia’s consumer regulator, the Australian Competition and Consumer Commission has accused Google of privacy breaches.
It has alleged that Google has misled millions of Australians in collecting their personal information. To target advertising, Google is alleged to have obtained consent and expanded the scope of personal information collected on internet activity of the users.

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.

Notes:
England fast-bowler Stuart Broad has recently become the seventh bowler in cricket history to clinch 500 wickets in Test matches.
The 34-year-old player has achieved this feat during the third and final Test against West Indies at the Old Trafford. He is the second English player to achieve this after James Anderson. Muttiah Muralitharan of Sri Lanka is the leading wicket-taker in Test cricket with 800 wickets.

Notes:
The Union Cabinet has recently approved the National Education Policy 2020. It has introduced several major reforms in higher education.
As per the policy, a target of 50 per cent Gross Enrolment Ratio (GER) by 2035 has been fixed. It also provides academic, administrative and financial autonomy for institutions and proposes a single regulator for all higher education.