Current Affairs Quiz - July, 2021

Notes:
The Tamil Nadu Forest Department is to develop a standard operating procedure for the capture and release of wild elephants based on science and best practices.
As per the state officials, the process of kraaling and training an adult into captivity could be generally tortuous and scientifically not well-established. Kraaling involves capture of the animals by closing them in a stockade (kraal). The Asian elephant species in Tamil Nadu is declining to an alarming level, and so they propose the wild elephants should be sent back to the breeding population.

Notes:
The Insolvency and Bankruptcy Board of India (IBBI) was established in the year 2016, under the Insolvency and Bankruptcy Code, 2016.
Recently, IBBI has made amendments to the “Insolvency Resolution Process for Corporate Persons Regulations”, under which, resolution professional should submit his / her opinion on avoidance transactions made by a corporate debtor (undervalued transactions, extortionate credit transactions, fraudulent trading, wrongful trading etc).

Notes:
Russia has conducted a successful test of its S-500 air defence missile systems. During the test, the missile system hit a high-speed ballistic target.
The S-500 is said to have a maximum firing range of 600 kilometres and is the most advanced anti-missile system in the world. It is also capable of countering attacks from space.

Notes:
The Gujarat High Court has become the first high court to begin live-streaming of court proceedings. Chief Justice of India NV Ramana launched the first live broadcast of the court functioning.
The Chief Justice also announced that the Supreme Court will start the live broadcast soon. This is seen as a step towards ensuring transparency and openness in the Indian judiciary. He also released the Gujarat High Court (Live Streaming of Court Proceedings) Rules, 2021.

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:
Union Government is implementing Bhartiya Prakritik Krishi Padhati (BPKP) as a sub scheme of Paramparagat Krishi Vikas Yojana (PKVY) since 2020-21.
It aims to promote traditional indigenous practices. The scheme focusses on exclusion of all synthetic chemical inputs and promotes on-farm biomass recycling. Under BPKP, financial assistance of Rs 12200 per hectare for 3 years is provided for cluster formation.

Notes:
UN Economic and Social Commission for Asia Pacific, which is headquartered in Bangkok, Thailand has recently released a Global Survey on Digital and Sustainable Trade Facilitation. Under this evaluation 143 countries have been scored on 5 key indicators.
India has scored 90.32 per cent for the year 2021 as against its score of 78.49 per cent in 2019. In terms of transparency, India scored 100 per cent in 2021.

Notes:
Sumit Nagal became only the third Indian to win a men’s singles match at an Olympics edition and the first in 25 years, when he defeated Denis Istomin in the first match at Tokyo Games.
Zeeshan Ali was the first Indian to win a singles match at the 1988 Seoul Games when he beat Victo Caballero from Paraguay. After that, Leander Paes won the men’s singles bronze at the 1996 Atlanta Games, beating Brazil’s Fernando Meligeni.

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:
As of February 2026, India’s foreign exchange reserves totaled USD 717.064 billion. Foreign currency assets comprised USD 570.053 billion, making it the largest component. Gold reserves accounted for USD 123.476 billion. Special Drawing Rights (SDRs) were USD 18.821 billion, while the reserve position with the IMF stood at USD 4.715 billion. FCAs are held in major international currencies.