Current Affairs Quiz - July, 2021

Notes:
China’s Communist Party has marked the 100th year of its inception recently. This was celebrated in a huge way at the country’s Tiananmen Square. To mark this event, a 100-gun salute was made.
Speaking at the occasion, the China’s leader Xi Jinping addressed that the party was the only force capable of ensuring the country’s rise.

Notes:
The Union Cabinet, chaired by the Prime Minister Narendra Modi has approved Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS).
It would provide financial guarantee cover for brownfield expansion and greenfield projects related to health/ medical infrastructure. All eligible loans sanctioned up to 31.03.2022, or till an amount of Rs. 50,000 crore is sanctioned, whichever is earlier is covered.

Notes:
The Communist Party of China the founding party of the People’s Republic of China (PRC). The CCP was founded in 1921. The CCP is officially organized on the basis of democratic centralism. China’s Communist Party has marked the 100th year of its inception recently.

Notes:
India is the largest producer of milk globally, with an estimated production of 208 million tonnes in FY2021.

Notes:
The Glacial Lake Atlas of Ganga Basin was recently released by the Ministry of Jal Shakti. It analyses changes in water bodies in the Himalayan regions over a period, which can then be used for studying the impacts of climate change and for pre-planning the disaster response. Around 4,000 glacial lakes have been mapped in the Ganga River basin, with the aggregate lake water covering an area of 20,685 hectares.

The atlas is currently available on Bhuvan portal of ISRO’s National Remote Sensing Centre (NRSC). It provides latest information on the expansion or shrinkage of glacial lakes. It also monitors the addition of new lakes during a particular period of time.

Notes:
The Central Government has brought into effect Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order 2021. As per the order, stock limits have been imposed on wholesalers, retailers, millers and importers of pulses.
Stock limits are prescribed for all pulses except Moong Daal until October 31, for all states and UTs. This decision was taken amidst the continuous rise in the prices of pulses.

Notes:
WAKO India Kickboxing Federation has been granted recognition as the National Sports Federation by the Sports Ministry recently.
Popularly known as “WAKO India”, it was formed in 1993 and its Headquarter is in Faridabad. It is affiliated to World Association of Kickboxing Organization (WAKO).

Notes:
The French Navy hosted the 7th edition of Indian Ocean Naval Symposium (IONS). It was concluded at Réunion island, a French department in the Indian Ocean.
Indian Ocean Naval Symposium is a biennial event, which was conceived by the Indian navy in 2008. IONS includes 24 member nations that touch or lie within the Indian Ocean Region and 8 observer nations.

Notes:
President Ram Nath Kovind laid the foundation stone of Dr. Bhimrao Ambedkar cultural centre in Lucknow.
The cultural centre will have a 25-feet high statue of Dr Ambedkar and will also have an auditorium with a capacity of 750 people, library, research centre, picture gallery, museum and a multi-purpose convention centre.

Notes:
The Reserve Bank of India mandated that 7.5 % of the bank’s total credit (ANBC or CEOBE) should be provided to Micro enterprises.
Recently, the Union MSME Ministry announced the inclusion of retail and wholesale trade under MSMEs (Micro, small and medium enterprises). As per this categorisation, the traders will now get the benefit of priority sector lending under RBI guidelines. They will also be eligible for availing immediate-term finance as part of the schemes announced under ‘Atmanirbhar Bharat’.