Current Affairs Quiz - July, 2021

Notes:
The Cabinet Committee on Economic Affairs approved a reforms-based and results-linked ‘Revamped power distribution sector scheme’.
The scheme is worth Rs 3.03 lakh crore, including Rs 97,000 crore Central outlay. It aims to provide conditional financial assistance to strengthen the supply infrastructure of Distribution companies.

Notes:
Charted Accountants (CA) Day is celebrated on July 1 every year to commemorate the finding of the Institute of Chartered Accountants of India (ICAI). The Institute of Chartered Accountants of India (ICAI) was established by the parliament of India in 1949 under an Act.

Notes:
Air Marshal Vivek Ram Chaudhari took over as Vice Chief of the Air Staff on July 1, 2021. He was commissioned into the fighter stream of the Air Force on December 29, 1982, and has a flying experience of more than 3800 hrs on a wide variety of fighter and trainer aircrafts.

Notes:
The U.S. Department of Justice (DoJ) has issued a moratorium on federal executions while it reviews policies and procedures. U.S. President Joe Biden had said on his campaign website that he would legislate the end of capital punishment at the federal level and incentivize states to follow suit.

Notes:
National Initiative for Proficiency in Reading with Understanding and Numeracy (NIPUN Bharat) Mission is to create an enabling environment to ensure universal acquisition of foundational literacy and numeracy, so that every child achieves the desired learning competencies in reading, writing and numeracy by the end of Grade 3, by 2026-27. NIPUN Bharat will be implemented by the Department of School Education and Literacy and a five-tier implementation mechanism will be set up at the National- State- District- Block- School level in all States and UTs, under the aegis of the centrally sponsored scheme of Samagra Shiksha. The programme lauches from 5th July, 2021.

Notes:
Central Drugs Laboratory (CDL), Kasauli is the National Control Laboratory for testing of Immunobiologicals (vaccines and antisera) meant for human use.
Recently, the Union Government has set up two laboratories including one at Autonomous Research Institutes National Centre for Cell Science (NCCS), Pune, and another at National Institute of Animal Biotechnology (NIAB) Hyderabad as Central Drug Laboratory (CDL).

Notes:
Levon Aronian won the Goldmoney Asian Rapid online chess title 2021. Levon Grigori Aronian is an Armenian-American chess grandmaster.
He won the title after defeating Vladimir Artemiev. Magnus Carlsen, the current world champion was on the 3rd position. The Goldmoney Asian Rapid is the seventh tournament of the Champions Chess Tour 2021 or Meltwater Champions Tour.

Notes:
The Gomti or Gomati River is a tributary of the Ganges, flowing across Uttar Pradesh. Gomti riverfront development project was launched in 2015 by the previous state government which was led by Samajwadi Party (SP).
The Central Bureau of Investigation (CBI) registered a case in the project scam in December 2017. Recently, the officials of CBI initiated the second probe and conducted raids at 40 locations across Uttar Pradesh.

Notes:
India has been outperforming the global growth in market- capitalisation for the last five years, at 14.7% annually against 13.25%.
In the month of June, India’s share of the world market capitalisation rose to 2.60%, which was more than the long-term average of 2.45%, as per media reports. India’s market-cap rose 66% in one year to $3.02 trillion last month, which was also higher than the 44% growth of global market-cap.

Notes:
Sri Lanka’s Central Bank announced that it has minted two coins in gold and silver, in connection with the Party’s 100th anniversary, and 65 years of Sri Lanka-China relations.
One of the coins, bears the words ‘Communist Party of China’ in Sinhala, Tamil and English, while the other has a view of the China-built Nelum Pokuna Mahinda Rajapaksa Theatre, located in Colombo and the words ‘Sri Lanka-China 65 Years’.