Current Affairs Quiz - July, 2020

Notes:
Major Global companies including Microsoft, Nike, Starbucks, Unilever and Mercedes-Benz among others are collaborating to form a new consortium.
The group named ‘Transform to Net Zero’ pledges to share resources and strategies for curbing carbon emissions. It has planned to work with the non-profit Environmental Defense Fund for implementing this programme.

Notes:
The present Non-Executive Chairman of Bajaj Finance Ltd, Rahul Bajaj has decided to step down from his post, with effect from July 31.
As per the Company, Rahul Bajaj will continue to serve as a Non-Executive Non-Independent Director. The Board of Directors has approved the appointment of present Vice Chairman Sanjiv Bajaj as the next Chairman, as a part of succession planning.

Notes:
The state government of Andhra Pradesh has signed an MoU with the milk cooperative major AMUL (Anand Milk Union Limited).
The agreement aims to promote empowerment of women self-help groups and encourage milk cooperatives in government sector. It also provides exposure to world class infrastructure, technology and market access to the local groups.

Notes:
Grand Renaissance Dam is a Hydroelectric power plant being constructed in Ethiopia since 2011. The dam formerly known as the Millennium Dam, is in the Benishangul-Gumuz Region, on the Blue Nile river of Ethiopia.
The construction has been in conflict as Sudan and Egypt fear that the hydroelectric dam could lead to water shortage in their countries. But Ethiopia insists that the it needs the USD 4 billion dam to generate electricity for its people. Recently, the three countries have accepted to resume talks on the dam.

Notes:
The Competition Commission of India (CCI) has approved acquisition of Krishnapatnam Port Company Ltd by Adani Ports and Special Economic Zone Ltd.
Along with the equity shareholding, the management control of the total share capital of Krishnapatnam Port company will be acquired, as per the statement of CCI. Krishnapatnam Port Company is the developer and operator of the deep-water port at Krishnapatnam.

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:
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 Oxford-AstraZeneca vaccine candidate is to be called as ‘Covishield’ in India, as per the statement of the Serum Institute of India (SII).
SII is the largest vaccine maker in the world and it has partnered with AstraZeneca for manufacturing the Oxford vaccine candidate. Recently, it has sought permission from the Drugs Controller General of India (DCGI) to conduct phase 2 and 3 human clinical trials of the potential vaccine.

Notes:
During the Saint Petersburg declaration on tiger conservation that was signed by Tiger range countries in 2010, it was decided to celebrate 29th July as Global Tiger Day across the world.
The countries had pledged to double the tiger population by the year 2022. Global Tiger Day aims to create awareness on tiger conservation. Union Environment Minister Prakash Javadekar has released the All India Tiger Estimation Report-2018 and said that India has nearly 70 per cent of the global tiger population.

Notes:
The Union Cabinet has recently approved the National Education Policy 2020. It has introduced several major reforms in higher education.
As per the policy, a target of 50 per cent Gross Enrolment Ratio (GER) by 2035 has been fixed. It also provides academic, administrative and financial autonomy for institutions and proposes a single regulator for all higher education.