Current Affairs Quiz - July, 2021

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.

Notes:
The New Generation Akash Missile (Akash-NG), which is India’s advanced Surface-to-air missile has been recently tested by the Defence Research & Development Organization (DRDO) at its Integrated Test Range (ITR) off the Odisha coast.
This missile system has been designed and developed by the DRDL, Hyderabad.

Notes:
Jezero is a crater on Mars in the Syrtis Major quadrangle, with a diameter of about 49 km. NASA is making final preparations for its Perseverance Mars rover to collect its first-ever sample of Martian rock.
It also has future planned missions to transport the sample to the Earth. The six-wheeled rover is searching for a target in a part of Jezero Crater called the “Cratered Floor Fractured Rough.” This mission is expected to begin within the next two weeks. Perseverance landed in Jezero Crater on February 18, this year.

Notes:
World’s first 3D-printed steel bridge was opened to the public in Amsterdam recently. It was developed by MX3D, a Dutch robotics company, in collaboration with a team of experts.
The bridge was unveiled by Her Majesty Queen Máxima of the Netherlands. The bridge was developed for four years and was installed over one of the oldest canals in Amsterdam’s city centre – the Oudezijds Achterburgwal. This bridge represents a major milestone for 3D-printing technology.

Notes:
Border Roads Organisation (BRO) Director General virtually conducted the last blast of escape tube of the Sela Tunnel in Arunachal Pradesh, which is under-construction.
This blast will enable its faster completion, as per the Defence Ministry notification. The tunnel is being constructed to provide all-weather connectivity to Tawang, Arunachal Pradesh through the Balipara-Charduar-Tawang Road.

Notes:
The Philippines became the world’s first country to approve the commercial production of genetically modified “golden rice”, named for its bright yellow colour.
The rice has been enriched with the vitamin A precursor beta-carotene to make it more nutritional. Experts hope that this rice will combat childhood blindness. International Rice Research Institute (IRRI), along with Philippine Rice Research Institute has developed golden rice.

Notes:
The Lok Sabha recently passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2021. The Bill will replace the IBC Amendment Ordinance 2021 promulgated in April, which introduced pre-packs as an insolvency resolution mechanism for micro, small and medium enterprises (MSMEs) with defaults up to Rs 1 crore.
Under a pre-packaged process, main stakeholders identify a prospective buyer and negotiate a resolution plan before approaching NCLT.

Notes:
Shehroze Kashif – a 19-year-old Mountaineer from Pakistan has become the youngest person to reach the summit of K2 – the world’s second-highest mountain peak, which is at an altitude of 8,611-metre from mean sea level.
Recently in May 2021, he scaled Mount Everest and became the youngest person from Pakistan to scale the world’s highest peak.

Notes:
Factoring Regulation (Amendment) Bill, 2021 was passed on July 29 in Rajya Sabha and on July 26 in Lok Sabha. This bill was passed to bring changes in the legislation for helping the MSME (Micro, small and medium enterprises) sector. It will help in improving the availability of working capital for MSMEs.
The contribution of MSMEs to GDP is high. This sector contributes about 30% to GDP and Government is aiming to increase the contribution of MSMEs to 40% to provide benefits to the rural population and poor people.

Notes:
FamPay has launched India’s first numberless visa prepaid card for teenagers. FamPay collaborated with VISA and launched this numberless visa prepaid card with personalised doodles. This is also the first numberless card of Visa. The card has two designs: FamCard and FamCard Me. Teenagers can make NFC (Near-field communication) enabled contactless payments on the Visa network in India. There are more than 200+ doodles and signature fonts for creating unique design in FamCard Me. With the help of FamCard and FamPay App, Teenagers can make online and offline payments without having a bank account.