Current Affairs Quiz - July, 2020

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 state government of Rajasthan has recently approved the ‘One-stop shop’ scheme, to fast-track investments and enable recovery of industries amid the Covid-19 pandemic.
The new scheme will fast-track all processes in the investment proposals above ₹10 crore. Over 98 types of clearances will be given under one roof through the Bureau of Investment Promotion (BIP). For implementing the scheme, the Cabinet approved amendments to the Rajasthan Enterprises Single Window Enabling and Clearance Act, 2011.

Notes:
India is in the process of developing a rapid testing kit for Covid-19, in collaboration with Israel. The proposed kit is expected to give results in less than 30 seconds.
A team from Israel’s Research and Development (R&D) Team of Defence Ministry will arrive in India to develop the rapid testing kit. The team has been working with India’s Defence Research and Development Organisation (DRDO) and Principal scientific adviser, K. Vijay Raghavan.

Notes:
India is set to procure HAMMER (Highly Agile Modular Munition Extended Range) standoff missiles from France.
The Indian Air Force is expected to receive first five Rafale combat aircrafts from France by July 29. HAMMER is a medium-range air-to-ground weapon. It was originally designed and manufactured for the French Air Force and Navy.

Notes:
As per the recent statement from the Indian Railways, they will hand over as many as 10 broad-gauge diesel locomotives to Bangladesh.
Bangladesh had earlier sent a proposal to India in for procurement, as 72% of its present locomotives are at the verge of crossing their economic life. The country will deploy them for both intra-country and inter-country rail transport.

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’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:
State Bank of India (SBI) has provided a liquidity support of USD 16.20 million for local businesses in Maldives.
SBI has also deferred loan repayment for over 200 retail accounts. On the occasion of Independence Day of the Maldives on July 26, SBI’s Covid relief measures have been announced. India had earlier made an assistance of USD 400 million to Maldives through extended currency swap arrangement.

Notes:
One of the oldest flying clubs in India, the Bombay Flying Club has become the first drone training school approved by the Directorate General of Civil Aviation (DGCA).
DGCA has approved the application of the club for conducting remote pilot training for remotely piloted aircraft systems. All drones should be registered with the Directorate General of Civil Aviation (DGCA) and should receive Drone acknowledgement numbers (DANs).

Notes:
Prime Minister Narendra Modi and Mauritius Prime Minister Pravind Jugnauth will jointly inaugurate the new Supreme Court building of Maldives.
The new building located in Port Louis has been built with the financial assistance of India. It is one among the five projects implemented under a USD 353-million special economic package provided by India in 2016.