Current Affairs Quiz - July, 2020

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 Minster for micro, small and medium enterprise (MSME) sector Nitin Gadkari launched a mentoring platform named ‘RestartIndia’.
The platform has been conceptualised by Muthoot Fincorp and INKtalks. Restart India is a single platform which provides information on various schemes being implemented by the government. It also helps the businesspersons to connect with experts from various sectors.

Notes:
Turkmenistan became the 25th country with a status of an observer in the World Trade Organization (WTO).
The member-states of the WTO General Council unanimously adopted the resolution on granting the status of an observer in WTO to the Central Asian country. There are 164 WTO member-states at present and 25 countries possess the status of an observer including Turkmenistan.

Notes:
National Intelligence Grid “NATGRID” is an attached office under the Union Ministry of Home Affairs. It aims to allow investigation and law enforcement agencies to access real-time information.
Central Board of Direct Taxes (CBDT) is to partner with the NATGRID to share the financial details of any entity with 10 agencies including the CBI, Enforcement Directorate and the NIA. This information-sharing mechanism is done under the NATGRID platform.

Notes:
The Union Government has issued a certificate of Geographical Indication (GI) registration for Saffron grown in the Union Territory of Jammu &Kashmir.
The GI tag would ensure better remunerative price to the farmers growing Saffron in Kashmir Valley. This would also increase export of the unique Kashmir saffron and curb the fake products being sold. The UT is also inaugurating a Spice Park next month.

Notes:
‘Kumhar Sashaktikaran Yojana’ is a scheme of the Khadi and Village Industries Commission (KVIC) for empowering the potters community.
Under the scheme, Training for advanced pottery products and Market linkages are provided through KVIC exhibitions. Recently, the Union Home Minister distributed 100 Electric Potter Wheels to trained artisans in Gandhinagar.

Notes:
The government has released guidelines for four schemes to boost domestic manufacturing of bulk drugs and medical devices.
Union Minister for Chemicals and Fertilizers DV Sadananda Gowda launched and issued guidelines for the schemes, which aim to reduce imports in pharmaceutical raw materials like drug intermediates, active pharmaceutical ingredients (APIs) and medical devices.

Notes:
Australia’s consumer regulator, the Australian Competition and Consumer Commission has accused Google of privacy breaches.
It has alleged that Google has misled millions of Australians in collecting their personal information. To target advertising, Google is alleged to have obtained consent and expanded the scope of personal information collected on internet activity of the users.

Notes:
The Union Minister of Environment, Forest and Climate Change Prakash Javadekar released an updated report on India’s Tiger Survey from 2018.
As per the updated report, India’s tiger population stood at 2967, the same number given by the Government last year. India has 70% of the world’s total tiger population. Madhya Pradesh has the highest number of tigers at 526, followed by Karnataka and Uttarakhand.

Notes:
World Nature Conservation Day is celebrated every year on July 28, to create and increase awareness about the importance of natural resources.
The day encourages people to protect Earth’s natural resources and lead a sustainable life style. It also educates people to use the resources judiciously without exploiting the nature Earth. Ministry of Culture has said that Worshipping Nature is a part of Indian culture.