Current Affairs Quiz - July, 2020

Notes:
The Defence Research and Development Organisation (DRDO) has handed over its indigenously-developed drone named Bharat to the Indian Army.
The drones will be deployed for carrying out accurate surveillance in high altitude areas and mountainous terrain in Eastern Ladakh. The drone developed by a Chandigarh-based DRDO laboratory, is claimed to be the World’s most agile and lightest Surveillance drone.

Notes:
National Broadcasting Day is celebrated in India on July 23 every year. On the same day in the year 1927, the first ever radio broadcast in the country was carried out from the Bombay Station.
The first broadcast was done by a private organisation called the Indian Broadcasting Company. At present, Prasar Bharati is the National public service broadcasting agency. It comprises of Doordarshan Television Network and All India Radio.

Notes:
National Intelligence Grid “NATGRID” is an attached office under the Union Ministry of Home Affairs. It aims to allow investigation and law enforcement agencies to access real-time information.
Central Board of Direct Taxes (CBDT) is to partner with the NATGRID to share the financial details of any entity with 10 agencies including the CBI, Enforcement Directorate and the NIA. This information-sharing mechanism is done under the NATGRID platform.

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:
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:
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:
Ministry of Rural Development has announced that the average completion time for houses under restructured Pradhan Mantri Awas Yojana-Gramin (PMAY-G) has come down to 114 days.
Earlier, the number of days for construction under the scheme used to be 314 days. The scheme was launched the scheme in the year 2016, with an objective of Housing for all by the year 2022. It strives to construct as many as 2.95 crore houses with all basic amenities by the year 2022.

Notes:
As per the latest United Nations policy brief on’COVID-19 in an Urban World’, the capital city of India New Delhi has witnessed a drop in levels of nitrogen dioxide by more than 70%, during lock-down.
The UN also highlighted that if the cities re-open without policies to prevent air pollution and promote de-carbonisation, this environmental gains could only be temporary. It also said that urban areas are the epicentre of the pandemic, with estimated 90 per cent of all reported cases.

Notes:
Union Finance Minister Nirmala Sitharaman has recently attended the 5th Annual Meeting of Board of Governors of Asian Infrastructure Investment Bank (AIIB).
A roundtable discussion was conducted on the theme ‘AIIB 2030-Supporting Asia’s Development over the Next Decade’. The bank had earlier provided a financial assistance of about USD 10 billion to combat 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.