Current Affairs Quiz - July, 2020

Notes:
UNICEF launched ‘YuWaah’ Generation Unlimited in India in the year 2019. It is a multi-stakeholder alliance that aims to impart skill development in adolescent boys and girls.
Recently, Ministry of Sports and Youth Affairs signed a Statement of Intent for partnership with UNICEF India, YuWaah India and United Nations in India. It aims to empower youngsters by providing them access to all socio-economic opportunities.

Notes:
The United States has listed India’s leading tele-com company Reliance Jio among the companies that are becoming “Clean Telcos”.
This is an initiative of a coalition of countries and companies to secure their critical telecommunication technologies by relying on trusted vendors. Orange in France, Jio in India, Telstra in Australia, SK and KT in South Korea, NTT in Japan, and O2 in the United Kingdom have been added in the list recently.

Notes:
Reserve Bank of India releases a bi annual report called the financial stability report (FSR). The latest edition was released recently.
RBI has estimated that the gross non performing asset (GNPA) ratio of all banks may increase from 8.5% in March 2020 to 12.5% by March 2021. GNPA ratio of public sector banks will increase to 15.2% in March 2021. The main reason for this dip is the slowdown in the economy due to the Covid-19 induced lock-down.

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:
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 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:
Union Minister for Consumer Affairs, Food & Public Distribution Ram Vilas Paswan has launched the Bureau of Indian Standard’s Mobile App ‘BIS-Care’.
He also launched Standardization, Conformity Assessment and Training portals of e-BIS for consumers. Using the bi-lingual app, consumers can check the authenticity of the ISI-marked and hallmarked products. Consumers can also lodge complaints using this app. Earlier, BIS was directed to frame quality norms for 371 items by March 2021 to curb non-essential imports.

Notes:
At the 2016 high-level meeting at the UN General Assembly, India pledged to fast track efforts towards ending HIV/AIDS as a public health threat in the next five years, and to end the epidemic by 2030.
Recently, a study published by the Indian Council of Medical Research (ICMR) stated that India may miss the national target to end AIDS by 2030. The decline in annual new HIV infections is only 27% from 2020 to 2017 against the national target of 75% by 2020.

Notes:
IRCTC and SBI Cards & Payment Services have jointly launched their Co-branded Contactless Credit Card on RuPay Platform.
Railway Minister Piyush Goyal introduced this new card. The card has several advanced features like Near Field Communication and payback for AC tickets among others. The cards can also be used for retail, dining and entertainment payments.

Notes:
Union Ministry of Human Resource Development has recently launched the ‘Indian Report on Digital Education, 2020’.
The report has details on innovative methods adopted by Education Departments of various States and Union Territories for providing inclusive education to children at home. Initiatives of HRD Ministry including DIKSHA platform and Swayam Prabha TV Channel are highlighted.