Current Affairs Quiz - July, 2020

Notes:
Gurugram-based Indian air carrier SpiceJet has been designated as Indian scheduled carrier to operate between India and the United States.
SpiceJet is the first air-carrier to operate to the US after Air India. This approval has been given in terms of the Air Services Agreement between the Government of India and the Government of the United States of America. It has also been selected to operate to the United Kingdom.

Notes:
The Union Government has issued a certificate of Geographical Indication (GI) registration for Saffron grown in the Union Territory of Jammu &Kashmir.
The GI tag would ensure better remunerative price to the farmers growing Saffron in Kashmir Valley. This would also increase export of the unique Kashmir saffron and curb the fake products being sold. The UT is also inaugurating a Spice Park next month.

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 United States has announced that it has relaxed standards for exporting drones that fly at below 800 km per hour to its friendly countries.
This step has been taken to increase the national security of the United States by improving the capacities of its partners. The exposure of drone market to the US industry will also improve its economic security. However, higher-speed systems such as cruise missiles and advanced unmanned combat aerial vehicles are not affected by this revision.

Notes:
The Prime Minister of Vietnam Nguyen Xuan Phuc has recently signed an order that bans all imports of wildlife either dead or alive including eggs and larvae.
The order also includes tougher penalties for crimes involving the trade in wildlife. Amidst the coronavirus spread, this ban has been imposed in Vietnam, which is a popular destination for endangered wildlife products used in medicine or cuisine.

Notes:
Australia has recently filed a formal declaration statement to the United Nations to reject the claims of China in the South China Sea.
Australia has claimed that there were no legal issues to the disputed claims of China in the sea, including those related to construction of artificial islands on shoals and reefs. Earlier, the US Secretary of State Mike Pompeo declared China’s claims of territory and resources in the South China Sea as illegal.

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:
The India-Indonesia Defence Ministers’ Dialogue was held in New Delhi. Defence Minister Rajnath Singh led the Indian delegation while Indonesia’s Defence Minister General Prabowo Subianto led their delegation.
Both the countries affirmed to further expand defence and military ties between the countries in areas including technology sharing. The countries had signed a new defence cooperation agreement in 2018 for a comprehensive strategic partnership.

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:
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.