Current Affairs Quiz - July, 2021

Notes:
The first ever Draft “Global Biodiversity Framework” has been released by the UN Convention on Biological Diversity (CBD) Secretariat. This framework contains guidelines to be converted into world wide actions to be performed by 2030, for conservation and protection of nature.
The framework includes 21 targets to be achieved by the year 2030.

Notes:
Prime Minister Narendra Modi inaugurated the International Cooperation and Convention Centre – Rudraksh in Varanasi. It has been constructed with the financial assistance from Japan.
The objective of the project is to provide opportunities for social and cultural interactions between people at the international convention centre. It is said to be an environment-friendly building, fit for level 3 of Green Rating for Integrated Habitat Assessment (GRIHA).

Notes:
The United States Government has started providing monthly pay-outs, as part of an expanded income-support programme.
Under the Child Tax Credit programme, that is further broadened under recent COVID-19 stimulus, eligible families collect an initial monthly payment of up to 300 for each child under six years old and up to 250 for each older child.

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:
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:
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:
Startup India Showcase is an online discovery platform for the most promising startups of the country.
As per a recent data from the Union Commerce Ministry, as many as 104 startups from different sectors have been registered on the Startup India Showcase platform. In the platform, the promising start-ups, chosen through various programmes, are exhibited in the form of virtual profiles.

Notes:
Rural teacher-turned-politician Pedro Castillo became the winner of Peru’s presidential election. He is said to be the first peasant to become the President of the country,
He defeated right-wing politician Keiko Fujimori, who was backed by traditional elites, by just 44,000 votes. Peru is the world’s second-largest copper producer and its economy is devastated by the coronavirus pandemic, increasing the poverty level to almost one-third of the population.

Notes:
Federation Internationale des Echecs (FIDE) is the World Chess Federation, headquartered at Lausanne, Switzerland. It was founded on July 20, 1924 and has as many as 195 member countries.
To commemorate the formation of FIDE, World Chess Day is celebrated on July 20, every year since 1966. The day encourages more people to play and enjoy the game of chess. Chess originated in India, moved to Persia and spread across the Southern Europe.

Notes:
The International Olympic Committee President Thomas Bach has announced that the Australian city of Brisbane has been selected to host the 2032 Summer Olympics.
The Games of the 35th Olympiad are awarded to Brisbane, Australia. With this, Australia has become the second country after the United States to host the Olympic Games in three different cities. Before this, Melbourne had hosted Olympics in 1956 and Sydney in 2000.