Current Affairs Quiz - July, 2020

Notes:
Union Bank of India that was amalgamated with Corporation Bank and Andhra Bank, has announced a corporate agency agreement with the Life Insurance Corporation of India (LIC).
Under the agreement, the bank will market various LIC products including term insurance, pension and endowment schemes among others, to its account-holders.

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 All India Institute of Medical Sciences (AIIMS), Delhi in collaboration with Union Health Ministry and NITI Aayog launched a national programme called ‘National Clinical Grand Rounds’.
Recently, the AIIMS held the first interactive session of National Clinical Grand Rounds led by AIIMS Director, Dr. Randeep Guleria. The session aimed to facilitate discussion on issues related to COVID-19 and was attended by Doctors from hospitals located across the country and abroad.

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:
The Agriculture Minister Narendra Singh Tomar announced that the Union Government is to collaborate with the World Bank, to convert the Gwalior-Chambal belt of Madhya Pradesh into arable land.
This has been decided in the virtual meeting with the World Bank representative. As per the statement, more than 3 lakh hectares of rugged land that remains not cultivable can be improved. As a result, the region’s agricultural development, environmental protection and employment opportunities can be improved.

Notes:
The Cotton Corporation of India (CCI) is to set up its own Cotton warehouse in Vietnam, to boost Exports.
A government-to-government Memorandum of Understanding is also being prepared to export 1.5-2 million bales of cotton to Bangladesh. CCI holds surplus stocks of cotton before the next harvest season and this plan has been made.

Notes:
Delhi Chief Minister Arvind Kejriwal has recently launched a dedicated job portal, to revive economy amid the Covid-19 pandemic.
The portal (jobs.delhi.gov.in) named Rozgar Bazar will connect the recruiters with the job aspirants. The Chief Minister asked the traders, businessmen, industrialists and people to work together in reviving the UT’s economy.

Notes:
The India-Indonesia Defence Ministers’ Dialogue was held in New Delhi. Defence Minister Rajnath Singh led the Indian delegation while Indonesia’s Defence Minister General Prabowo Subianto led their delegation.
Both the countries affirmed to further expand defence and military ties between the countries in areas including technology sharing. The countries had signed a new defence cooperation agreement in 2018 for a comprehensive strategic partnership.

Notes:
Union Finance Minister Nirmala Sitharaman has recently attended the 5th Annual Meeting of Board of Governors of Asian Infrastructure Investment Bank (AIIB).
A roundtable discussion was conducted on the theme ‘AIIB 2030-Supporting Asia’s Development over the Next Decade’. The bank had earlier provided a financial assistance of about USD 10 billion to combat Covid-19.

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.