Current Affairs Quiz - July, 2020

Notes:
India and Russia are set to sign a Defence logistics sharing pact by the end of this year. Under the pact, both the countries can have seamless access to each other’s military bases and support facilities.
An annual summit is expected to be held for signing this agreement. As Russia continues to be a leading arms supplier to India, this agreement will enhance more interoperability and support to military platforms like warships and aircraft.

Notes:
The All India Institute of Medical Sciences (AIIMS), Delhi in collaboration with Union Health Ministry and NITI Aayog launched a national programme called ‘National Clinical Grand Rounds’.
Recently, the AIIMS held the first interactive session of National Clinical Grand Rounds led by AIIMS Director, Dr. Randeep Guleria. The session aimed to facilitate discussion on issues related to COVID-19 and was attended by Doctors from hospitals located across the country and abroad.

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:
The National Aeronautics and Space Administration (NASA) announced that it has started to work on a new mission named ‘ASTHROS’.
It stands for Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Sub millimeter-wavelengths (ASTHROS). The mission aims to send a telescope on a football stadium-sized balloon into the stratosphere to observe far-infrared light, that is invisible from the Earth. It is proposed to be launched in 2023 from Antarctica.

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:
The Reserve Bank of India has signed necessary documents for extending USD 400 million currency swap facility to the Central Bank of Sri Lanka.
Sri Lanka had earlier requested for a currency swap facility under the SAARC Currency Swap Framework. This swap arrangement will remain available till November 2022 and is expected to assist Sri Lank to address the economic crisis caused by the Covid-19 pandemic.

Notes:
The Saudi Arabian Oil Company otherwise called as Saudi Aramco is a multinational petroleum and natural gas company. It is the world’s biggest energy firm, with USD 1.75 trillion market capitalization.
Recently, the Reliance Industries surpassed Exxon Mobil Corp. to become the world’s second largest energy company. Reliance has the world’s biggest oil refinery complex. Its market value is USD 189 billion, as on July 27, 2020.

Notes:
A digital platform created for information exchange between the government and citizens India called ‘MyGov’ completed six years from its inception.
The first-of-its-kind participatory governance platform was on July 26, 2014 by the Indian Prime Minister Narendra Modi. The portal engaged the citizens on important policy issues and governance. There are over 1.22 crore registered members of MyGov platform.

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 Union Cabinet has approved the change in the name of Union Ministry of Human Resource Development.
The HRD Ministry that is currently headed by Ramesh Pokhriyal Nishank, has been renamed as Ministry of Education. The name change was a key recommendation of the National Education Policy. In 1985, Former Prime Minister Rajiv Gandhi changed the name of the Education Ministry to HRD Ministry.