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:
New Zealand is the revolving host of the Asia-Pacific Economic Cooperation (APEC) forum. It is headquartered in Singapore.
Recently, New Zealand chaired an extraordinary meeting ahead of a formal meeting in November. US President Joe Biden, Russia’s Vladimir Putin, China’s Xi Jinping and other world leaders met virtually. They discussed on collective actions to tackle the Covid-19 pandemic and its economic impacts.

Notes:
As per the recent framework introduced by SEBI, Credit rating agencies will now be required to provide expected loss-based ratings for projects and instruments associated with the infrastructure sector.
The expected loss-based rating is divided into a scale of seven levels, spanning from lowest to highest expected loss. Instruments rated ‘EL (Expected Loss) 1’ will be considered to have the lowest expected loss compared to the life of the ‘EL 7’ rated instruments, which will indicate highest expected loss.

Notes:
Two world former champions Viswanathan Anand and Vladimir Kramnik played at the finals of Sparkassen Trophy at Dortmund, during which Viswanathan Anand defeated Vladimir Kramnik to win the trophy.
Viswanathan Anand is an India chess champion, who became a grand master as early as 1988. Also, he is one of the few in the world to surpass Elo rating of 2800.

Notes:
July 18 is celebrated as Nelson Mandela International Day marking his birth date. He is known and remembered all over the world for his efforts to promote peace and reconciliation.
He became the first Black President of South Africa and was awarded the Noble Prize for Peace in the year 1993. The South African anti-apartheid revolutionary served as President of South Africa from 1994 to 1999.

Notes:
Julia Ducournau’s Titane has been adjudged as the best movie and has been awarded the Palme d’or award, at the 74th Cannes Film Festival. She becomes the first female director in 28 years, whose movie has made it to the prestigious award.
Prior to this, it was Jane Campion who was the female director, whose movie ‘The Piano’ made it to the top list in 1993.

Notes:
China has recently fire tested its reusable suborbital space vehicle, which is a part of its mission to develop a reusable space transportation system.
The vehicle is reportedly launched from Jiuquan Satellite Launch Center and has landed safely in an airport 800 kilometers away. No other details of the spacecraft have been shared by the country.

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:
Union Minister for Minority affairs Mukhtar Abbas Naqvi has been appointed as the deputy leader of the House in the Rajya Sabha.
Naqvi takes over from Piyush Goyal who has been elevated as the leader of the house in the Upper House. Naqvi is a former minister of state for parliamentary affairs minister, and is well versed in Parliamentary affairs. Former leader of the House in the Rajya Sabha, Thawarchand Gehlot has been named as Governor of Karnataka.