Current Affairs Quiz - July, 2021

Notes:
Indian and Sri Lankan Navies and Maldives National Defence Force held a tri-nation table top anti-narcotics and maritime search and rescue exercise, ‘Exercise Shield’.
The Table top Exercise (TTX) held virtually, aims to share best practices and fine-tune procedures to curb narcotics smuggling in the region. Indian Navy’s Western Naval Command was the lead agency and the exercise was coordinated by Maritime Warfare Centre, Mumbai.

Notes:
Scientists at the Indian Institute of Technology, Hyderabad (IITH) have developed COVIHOME, an artificial intelligence-powered Covid-19 test kit for self-testing at home.
As per the team, the kit can produce Covid test results within 30 minutes at home, for both symptomatic and asymptomatic patients. This Artificial Intelligence-powered kit is affordable and is also approved by ICMR.

Notes:
IRCON / Indian Railway Construction Limited is a wholly owned subsidiary of Indian Railways, which is involved in engineering & construction.
The company has built the Jayanagar – Kurtha Railway between India and Nepal under the India – Nepal friendship rail project at a cost of Rs. 619 crores. The project is financed by the Government of India.

Notes:
The Ministry of Tourism has formulated a Draft National Strategy and Roadmap for Development of Rural Tourism in India – An initiative towards Atmanirbhar Bharat.
The Ministry has also invited feedback from all the State Governments/UT Administrations regarding the policy. The strategy focusses on new ideas like Digital technologies, Developing clusters among others. It has also identified Rural Circuit as one of the thematic circuits under Swadesh Darshan Scheme.

Notes:
The Insolvency and Bankruptcy Board of India (IBBI) was established in the year 2016, under the Insolvency and Bankruptcy Code, 2016.
Recently, IBBI has made amendments to the “Insolvency Resolution Process for Corporate Persons Regulations”, under which, resolution professional should submit his / her opinion on avoidance transactions made by a corporate debtor (undervalued transactions, extortionate credit transactions, fraudulent trading, wrongful trading etc).

Notes:
Russia has conducted a successful test of its S-500 air defence missile systems. During the test, the missile system hit a high-speed ballistic target.
The S-500 is said to have a maximum firing range of 600 kilometres and is the most advanced anti-missile system in the world. It is also capable of countering attacks from space.

Notes:
The Defence Research and Development Organisation (DRDO) has developed a high-strength beta titanium alloy. This has been developed indigenously for manufacture of intricate aerospace components like slat/flap tracks, landing gear.
Key features of the alloy are good forgeability and high strength-to-weight ratio, which would provide excellent weight reduction.

Notes:
State owned PSU – Indian Oil Corporation Limited (IOCL) would build the country’s first ‘green hydrogen’ plant at its Mathura refinery. This is a part of the company’s plan to produce cleaner forms of energy.
Mathura has been selected by virtue of its proximity to TTZ (Taj Trapezium Zone).

Notes:
A finger-sized fossil of a ’Microsaur’ from 308 million years ago has been unearthed in the United States.
The research finds a new species called a microsaur, which were small, lizard-like animals that roamed the Earth before proper dinosaurs made their appearance. The study gives more data on the evolution of different animal groups, including amphibians and reptiles.

Notes:
Taipei is the capital city of Taiwan and has New Taiwan dollar as its official currency. The Government of Taiwan has proposed to establish its first office in Lithuania, a European Nation, using its own name “Taiwan”.
All the other diplomatic outposts are operational under the name “Taipei”. This move is set to have angered China and has been welcomed by the USA.