Current Affairs Quiz - July, 2020

Notes:
National Payments Corporation of India (NCPI) has recently added the ‘UPI Autopay’ feature in its Unified Payments Interface (UPI).
This solution has been launched during the virtual event of Global Fintech Fest. The e-mandate can be used in recurring payments and for multiple payment scenarios including booking train tickets, paying DTH subscriptions among others.

Notes:
The World Anti-Doping Agency (WADA) has extended the suspension of the National Dope Testing Laboratory (NDTL) by another six months.
The reason for the current extension is due to non-conformation to international standards. The WADA had initially suspended NDTL in August 2019 for six months. After being suspended, the lab cannot carry out any anti-doping activities, including all analyses of urine and blood samples.

Notes:
Indian leading Private Sector bank Karur Vysya Bank (KVB) has named Ramesh Babu Boddu as the Managing Director & Chief Executive Officer for three years.
The bank’s Board of Directors has also selected Ramesh Babu Boddu as an Additional Director. Three months back, he superannuated as Deputy Managing Director in State Bank of India. KVB is headquartered in Karur in Tamil Nadu and has completed 100 years of operation.

Notes:
Union Shipping Ministry has announced that it has waived off waterway usage charges for a period of three years.
This decision has been taken to promote inland waterways as a cheaper mode of transport. Water usage charge was previously applicable on use of all national waterways by vessels. This waiver is estimated to increase the inland waterway traffic movement to 110 million metric tonne (MMT) in 2022-23.

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:
India and Pakistan fought the Kargil War between May and July in the year 1999. India launched ‘Operation Vijay’ and cleared the posts in the Kargil sector that was occupied by the Pakistani soldiers on the Indian side of the Line of Control (LoC).
To commemorate its victory over Pakistan, India has been observing ‘Kargil Vijay Diwas’ on July 26 every year, on the day the war ended. It resulted in 527 deaths in the Indian side. On the Vijay Diwas, India pays tributes to the soldiers who laid down their lives during the war.

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:
India Meteorological Department, Union Ministry of Earth Sciences launched a weather forecast application for general public.
Named as Mausam, the application offers information on five details including current temperature, humidity, wind speed and wind direction for 200 cities. The information is updated eight times a day. While this app is meant for everyone, IMD already has another app meant only for farmers and agriculturists called Meghdoot.

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:
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.