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:
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:
The Prime Minister of Vietnam Nguyen Xuan Phuc has recently signed an order that bans all imports of wildlife either dead or alive including eggs and larvae.
The order also includes tougher penalties for crimes involving the trade in wildlife. Amidst the coronavirus spread, this ban has been imposed in Vietnam, which is a popular destination for endangered wildlife products used in medicine or cuisine.

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:
The Food and Agriculture Organization (FAO) of the United Nations releases the Global Forest Resources Assessment (FRA)’ report.
FAO has been publishing this assessment once in every 5 years since 1990. It evaluates the state of forests and their management in all member countries. As per the recent report, India has ranked third among the countries that gained in forest areas in the last decade (2010-2020). China and Australia held the first two ranks.

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:
Ministry of Rural Development has announced that the average completion time for houses under restructured Pradhan Mantri Awas Yojana-Gramin (PMAY-G) has come down to 114 days.
Earlier, the number of days for construction under the scheme used to be 314 days. The scheme was launched the scheme in the year 2016, with an objective of Housing for all by the year 2022. It strives to construct as many as 2.95 crore houses with all basic amenities by the year 2022.

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:
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.