Current Affairs Quiz - July, 2021

Notes:
The Government of India has hiked the foreign direct investment (FDI) limit in pension fund management under the national pension system (NPS) from 49% to 74%. This move is expected to make more players available in this sector.
Presently the 4 out pension fund managers of NPS – HDFC Pension Management, ICICI Prudential Pension Funds, Kotak Mahindra Pension Fund and Aditya Birla Sun Life have significant foreign investments in them.

Notes:
The Government has launched the National Logistics Excellence Awards. The awards are in two categories, the first group includes logistics infrastructure/service providers and second one is for various user industries.
Organisations will be invited to submit entries through the Ministry of commerce and industry website. Shortlisted entrants will present their case to a National Jury panel, and the winners will be announced on 31 October 2021

Notes:
The Department of Animal Husbandry & Dairying (DAHD), Government of India has setup Dairy Investment Accelerator under its Investment Facilitation Cell.
It aims to promote and facilitate investments in the Indian Dairy sector. Dairy Investment Accelerator is also generating awareness among investors about Animal Husbandry Infrastructure Development fund (AHIDF). Under AHIDF, Rs. 15,000 crore fund has been setup for offering financial support to entrepreneurs, private companies, MSME, FPOs etc.

Notes:
The Union Government has decided to set up the Indian Institute of Heritage in Noida, as an umbrella body under which all heritage institutes in the country will operate.
The institute will offer masters and PhD courses in history of arts, archaeology, manuscriptology among others. It will be a “deemed to be university” institute formed by integrating the Institute of Archaeology, National Research Laboratory for Conservation of Cultural Property, National Museum Institute of History of Conservation and Museology (NMICHM) and the academic wing of Indira Gandhi National Centre for the Arts.

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:
Deferred Action for Childhood Arrivals (DACA) program, is an immigration policy that grants some extra rights to illegal immigrants who were brought into the United States as minors. As per the program, they can claim a renewable two-year period of deferred action from deportation and can receive work permits.
Recently, a Federal judge in Texas has ruled that the 2012 Deferred Action for Childhood Arrivals (DACA) program created by former president Barack Obama is illegal because Congress never properly approved it.

Notes:
The Indian Institute of Technology, Ropar has developed a first-of-its-kind Oxygen Rationing Device, named AMLEX.
The device will help to supply a required volume of oxygen to the patients while inhaling and trips when the patient is exhaling Carbon dioxide. This process would help to save oxygen which gets unnecessarily wasted usually. The device can be operated on both battery as well as line supply.

Notes:
Russia has invited India for the first time to the Russia-US-China Troika Plus meet on Afghanistan. The meeting aims to discuss the role of Taliban and the future of the landlocked country, among other issues.
As per media reports, Iran has also been invited for the meeting. Pakistan and representatives from Afghanistan are also expected to take part in the meeting.

Notes:
China has launched a high-speed train that works on magnetic levitation (maglev), which is designed to achieve a top speed of 600 kmph. This is stated to be the world’s fastest ground vehicle.
This project was launched by China in the year 2016 and the prototype was made ready in the year 2019. The model was tested in 2020 and now it is made operational.

Notes:
The Hong Kong’s legislature has proposed legislation on tackling “doxxing behaviour”. This legislation, if implemented, is feared to have a huge impact on technology giants operating in the country.
It is also said that such legislation could be used by the people in power, targeting civil society.