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:
India and Maldives have recently signed an agreement for establishment of ‘Emergency Medical Services’ in the capital of Maldives, Male.
India is set to grant assistance of around 20 million US dollars to Maldives for this project. India has been assisting the country in several small and medium projects. This medical service facility will ensure quality emergency care during critical times.

Notes:
National Payments Corporation of India (NCPI) has recently added the ‘UPI Autopay’ feature in its Unified Payments Interface (UPI).
This solution has been launched during the virtual event of Global Fintech Fest. The e-mandate can be used in recurring payments and for multiple payment scenarios including booking train tickets, paying DTH subscriptions among others.

Notes:
The Defence Research and Development Organisation (DRDO) has handed over its indigenously-developed drone named Bharat to the Indian Army.
The drones will be deployed for carrying out accurate surveillance in high altitude areas and mountainous terrain in Eastern Ladakh. The drone developed by a Chandigarh-based DRDO laboratory, is claimed to be the World’s most agile and lightest Surveillance drone.

Notes:
The Union Government has recently announced that the Work-from-home exemption for IT and IT-enabled services companies is extended till December 31, 2020.
In March, the Department of Telecommunication had relaxed the norms till April to facilitate work from home amid the Covid-19 pandemic, which was then extended till July 31 and now to December 31. At present, more than 90% of the IT workforce are working remotely.

Notes:
Social media Giant WhatsApp announced that it is set to partner with banks to expand banking services in India.
India is the biggest market of WhatsApp with over 400 million users. The messaging platform has already collaborated with banks including ICICI Bank and HDFC Bank for automated business messaging. This partnership would help expand banking services for low-income people and in rural areas.

Notes:
The Ministry of Defence has recently issued formal sanction order for granting Permanent Commission (PC) to Women Officers in the Indian Army.
As per the order, permanent commission has been granted to Service Commissioned (SSC) Women Officers in all ten streams of the Indian Army including Army Air Defence (AAD), Army Service Corps (ASC) among others.

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:
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:
‘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.