Current Affairs Quiz - July, 2020

Notes:
The United Nations Environment Programme (UNEP) and the International Energy Agency (IEA) have jointly released a report titled ‘Cooling Emissions and Policy Synthesis Report: Benefits of cooling efficiency and the Kigali Amendment’ report released July 17, 2020.
As per the report, the world will need more than 10 billion new cooling appliances by 2050, that will make the count of such machines to 14 billion. As per the report around 3.6 billion appliances are being used and it is increasing by up to 10 cooling appliances every second.

Notes:
A space technology start-up named Digiantra Research and Technology (DRT) developed India’s first in-orbit space debris monitoring and tracking system.
The company has also been selected for the ‘Society for Innovation and Development’ incubation program at the Indian Institute of Science (IISc) Bangalore. The country’s first air and space surveillance company has received a grant of Rs 25 lakhs for developing space debris monitoring systems.

Notes:
Human Resources and Development Ministry of India conducted the first ever Indian Scholastic Assessment (Ind-SAT) Test 2020 under its Study in India programme.
Based on the scores obtained in the Ind-SAT, foreign students for studying in select universities in India will be granted admissions and scholarships for under graduate as well as post graduate programmes. Over 5000 students attended the first exam conducted by the National Testing Agency.

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:
Union Minister of Agriculture and Farmers’ Welfare Narendra Singh Tomar has virtually inaugurated a world-class Honey Testing Laboratory.
The state of Art laboratory has been established by National Dairy Development Board (NDDB) with support of National Bee Board (NBB), in Anand, Gujarat. Department of Agriculture, Cooperation & Farmers’ Welfare has approved the National Bee Keeping and Honey Mission (NBHM) for a period of 2 years.

Notes:
Aaykar Diwas or Income Tax Day is celebrated on July 24 by the Central Board of Direct Taxes (CBDT) and all field offices.
On the same day in the year 1860, Income tax was originally introduced in India by Sir James Wilson, to compensate for the losses incurred during the first war of independence. This is the 160th anniversary of Income Tax Day.

Notes:
India and the United Kingdom has organised the 14th Joint Economic and Trade Committee meeting virtually.
The meeting was co-chaired by Minister for Commerce and Industry Piyush Goyal and UK Secretary of State for International Trade, Elizabeth Truss. Both the countries confirmed their shared commitment to a Free Trade Agreement.

Notes:
The World Health Organization (WHO) has recently launched a new initiative named ‘COVID-19 Law Lab’, to ensure that laws are adhered to protect health and wellbeing of individuals and communities.
It is a joint project of United Nations Development Programme (UNDP), WHO, the Joint United Nations Programme on HIV/AIDS (UNAIDS) and the O’Neill Institute for National and Global Health Law at Georgetown University.

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:
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.