Current Affairs Quiz - July, 2021

Notes:
As per a recent notification by the Central Board of Indirect Taxes and Customs (CBIC), the basic customs duty on crude palm oil has been cut to 10 per cent and refined palm oil to 37.5 per cent.
This tax cut could make palm oil more attractive than rival soyoil and sunflower oil, which will boost imports and bring down the edible oil prices. This lower tax rate will apply from June 30 to September 30.

Notes:
Social Media Giant Facebook has announced a set of publishing and subscription tools named Bulletin, aimed to promote independent writers in the US
Bulletin will include support focused on creation of content, monetisation and audience growth. It also aims to integrate its existing tools to support writing and audio content — from podcasts to Live Audio Rooms in one place.

Notes:
The Army on July 2, 2021 inducted the first production lot of 12 Short Span Bridging System (SSBS)-10m, designed and developed by the Defence Research and Development Organisation (DRDO) in association with Larsen & Toubro Limited, the production agency. According to defence ministry, the SSBS-10m plays a crucial role of bridging the gaps up to 9.5m as a single span providing a 4m wide, fully decked roadway, ensuring faster movement of the troops.

Notes:
World leaders, philanthropists and organizations have pledged at least $40 billion at an international conference in Paris to boost gender equality, as women and girls worldwide have been deeply affected by the consequences of the pandemic. U.N. Women’s Executive Director Phumzile Mlambo-Ngcuka welcomed the pledges at the three-day Generation Equality Forum that started in Paris on June 30, 2021. The conference is being co-organized by the U.N., France and Mexico.

Notes:
Nihal Sarin won the Silver Lake Open chess tournament in Serbia on June 29, 2021. The third-seeded Indian emerged on top of the field with eight points from nine rounds. The second and third places were also taken by Indians Raunak Sadhwani and Abhimanyu Puranik who scored seven points each.

Notes:
Nineteen years after Russian Grandmaster Sergey Karjakin created a sensation by becoming the youngest chess grandmaster ever at 12 years and seven months on August 12, 2002, a new prodigy, Abhimanyu Mishra of the United States, broke the record on June 30, by becoming a Grandmaster at 12 years four months and 25 days. To attain the title of Grandmaster (GM) a player has to complete three GM norms and an Elo rating of at least 2500. Mishra won his third GM norm on June 30.

Notes:
The Rampal Power Station is a 1320 megawatt coal-fired power station currently under construction at Rampal Upazila of Bagerhat District in Khulna, Bangladesh. It will be the country’s largest power plant. It is being setup by BIFPCL (Bangladesh India Friendship Power Company Limited).

Notes:
The Chengdu J-20 was developed by China’s Chengdu Aerospace Corporation for the People’s Liberation Army Air Force (PLAAF). The J-20 is designed as an air superiority fighter with precision strike capability.

Notes:
The Tunguska event occurred on June 30, 1908, involving a massive explosion caused by the airburst of a very large stony meteoroid near Podkamennaya Tunguska River in Russia. It resulted in the destruction of over 80 million trees spanning across an area of 2,150 square kilometre of forest. It is estimated that at least 3 people may have lost their lives to this event.

The impact crater that has caused this incident was not found. It may have disintegrated before it reached the surface of the Earth. This event is the largest impact event in the recorded history. Much bigger impacts may have occurred during the prehistoric era.

Notes:
Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme is a centrally sponsored scheme launched by the Indian Government under the Atmanirbhar Bharat Abhiyan. The scheme aims to boost competitiveness of the existing MSMEs in the unorganised segment of the food processing industry by helping them become formalised.

This Rs.10,000 crore scheme will be implemented over a period of 5 years from 2020-21 to 2024-25. It recently marked one year of completion. It seeks to directly assist 2 lakh micro food processing units by providing them with financial, technical and business support required for expanding and upgrading the business.