Current Affairs Quiz - July, 2021

Notes:
The Government of India has sought an approval from the Parliament of India, for additional spending of Rs.23,675 crore for the financial year 2021-22. Of this, Rs.17,000 crore would be for additional expenditure to be made by the Union Health Ministry.
The bill for approval of additional expenditure was tabled in the Parliament by the Union Finance Minister Nirmala Sitharaman.

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:
Rasmi Ranjan Das, a Joint Secretary in the Ministry of Finance, has been appointed as member of the UN tax committee for the 2021 to 2025 term
A group of 25 tax experts from around the world are appointed as members of the UN tax committee, formally known as the UN Committee of Experts on International Cooperation in Tax Matters. It aims to guide the efforts of countries to adopt stronger tax policies.

Notes:
A 11-year-old boy from Haryana died at Delhi’s All India Institute of Medical Sciences (AIIMS), after he was infected with the H5N1 virus.
The virus is also called ‘Avian influenza’ or ‘bird flu’. This is believed to be the first case of H5N1 among humans in India, and the first bird flu death this year. According to the World Health Organization, ‘avian influenza’, or ‘bird flu’, is a type of influenza virus that causes a highly infectious, severe respiratory disease in birds.

Notes:
Border Roads Organisation (BRO) Director General virtually conducted the last blast of escape tube of the Sela Tunnel in Arunachal Pradesh, which is under-construction.
This blast will enable its faster completion, as per the Defence Ministry notification. The tunnel is being constructed to provide all-weather connectivity to Tawang, Arunachal Pradesh through the Balipara-Charduar-Tawang Road.

Notes:
The Union Government has amended the rules pertaining to incorporation of companies under the Companies Act, 2013. The Corporate affairs ministry, which is implementing the Companies Act, 2013, has amended the Companies (Incorporation) Rules, 2014.
Changes are made with respect to allotment of a new name to an existing company under Section 16 of the Act. The changes will come into effect from September 1.

Notes:
The remains of a collapsed underwater volcano, resembling “Eye of Sauron” from the fantasy series “The Lord of the Rings,” have been discovered in the Indian Ocean.
Two other seafloor structures named after places in Tolkien’s Middle-earth were also identified. The eye is actually an oval-shaped depression measuring 6.2 kilometers long by 4.8 km wide. Called as a ‘Caldera’, this giant structure is left over from the ancient collapse of a deep-sea volcano. It is located 280 km southeast of Christmas Island, an Australian external territory, at a depth of 10,170 feet.

Notes:
Indian Army Skiing Expedition, ARMEX-21, was recently flagged in by the Union Defence Minister Rajnath Singh. The expedition was conducted in the mountain ranges of the Himalayas with an aim to promote adventure activities in the country.
It commenced at the Karakoram Pass in Ladakh on 10th March and ended on 6th of July at Malari in Uttarakhand. The team covered 1,660 kms in 119 days and travelled through several passes of 5,000-6,500m, glaciers, valleys and rivers.

Notes:
The set of reforms introduced and implemented in India in the July 1991 for a major macroeconomic stabilization and structural adjustment in Indian economy is called as the 1991 reforms.
It was undertaken when PV Narasimha Rao was the Prime Minister of the country, following a major Balance of Payment Crisis in India. July 2021 marks 30 years of implementation of the reforms, more commonly referred as the LPG reforms.

Notes:
U.S. President Joe Biden authorized up to $100 million from an emergency fund to meet the emergency refugee needs caused from the situation in Afghanistan, including for Afghan special immigration visa applicants.
The funds will support those applying to the Special Immigrant Visas programme. Under the programme as many as 20,000 Afghans who worked for the US and now fear retribution from the Taliban have applied.