Current Affairs Quiz - July, 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.

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:
Jeff Bezos – the founder of Amazon owns the privately funded space agency Blue Origin. The agency’s spaceship named “New Shepard” has made a successful trip to space and back to earth, with Jeff Bezos and three others on board.
The booster rocket touched down seven minutes after lift-off and the capsule containing the astronauts landed back to earth after 10 minutes after lift-off.

Notes:
The Mekong-Ganga Cooperation (MGC) is an intergovernmental cooperation among 6 nations namely – India, Cambodia, Myanmar, Thailand, Laos and Vietnam. It was established in the year 2000 to boost diplomatic cooperation among these countries.
Recently, the 11th Mekong-Ganga Cooperation (MGC) meeting was organized, and India was represented by the External Affairs Minister S. Jaishankar.

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:
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:
India’s chief hydrographer Vice Admiral Vinay Badhwar received the Alexander Dalrymple award by the British government, in recognition of his works in areas of hydrography and nautical cartography.
The award has been named after the first hydrographer of the British Admiralty and was instituted in 2006. Vice Admiral Badhwar was conferred with the award in 2019 but the award ceremony was held recently, due to the pandemic.

Notes:
The International Finance Corporation (IFC), the investment arm of the World Bank group, has extended a loan of $250 million to HDFC Bank to boost affordable housing finance in India.
Under the loan agreement, at least 25 per cent of the financing has been allocated for green affordable housing, which is expected to encourage this market in India. India still has an early stage of Green housing market, which needs strengthening.