Current Affairs Quiz-September, 2020

Notes:
As per the Bloomberg Billionaires Index, the CEO of the leading space company SpaceX, Elon Musk is now the third-richest person in the world.
The 49-year old billionaire has surpassed Facebook co-founder Mark Zuckerberg. Elon Musk’s net worth raised to USD115.4 billion while that of Zuckerberg is USD 110.8 billion. The first and the second positions were featured by Bill Gates and Jeff Bezos respectively.

Notes:
Every year 30th of August is observed by the United Nations as “International Day for Victims of Enforced Disappearances”.
On 21 December 2010, the United Nations adopted a resolution in this regard. Victims of enforced disappearance are those who are deprived of all their rights and liberties and are at the mercy of their captors.

Notes:
Indian Economy has contracted by 23.9% in the Q1 of FY 2020-21 compared to the same quarter of previous FY. This is supposed to be the worst performance since quarterly measurement began in 1996.
The prime reason for economic slowdown and contraction is the COVID 19 pandemic and the nationwide lockdown that followed it.

Notes:
According to a survey by World Health Organization (WHO), countries have witnessed disruptions in at least half of the 25 kinds of health services, due to Covid-19 pandemic.
Immunisation services were the most affected while diagnosis and treatment of non-communicable diseases (NCD) was the second-most impacted. The report states that 94% of the countries in survey concentrated their efforts only on tackling Covid-19.

Notes:
Bengaluru-based Financial solutions company Razorpay has been named in the ‘Fintech 250’ List of Fastest-growing Fintech Start-ups, by CB Insights.
Razorpay recorded a growth rate of 35 per cent month-on-month and contributed significantly in the digital payment sector in the recent months. The company has recently introduced neo-banking platform RazorpayX and has recently acquired a payroll management software company, Opfin.

Notes:
The recently released ranking of global solar companies by Mercom Capital, India’s leading business conglomerate Adani Group has been named as the top global solar power generation company in terms of operating solar projects.
As per the ranking report, Adani is roughly 70 % larger than the next largest global solar power generation company.

Notes:
The Department of Water Resources, River Development and Ganga Rejuvenation, Ministry of Jal Shakti has launched the ‘Water Heroes – Share Your Stories’ Contest.
The contest is launched from September 1 and it aims to create awareness about the importance of water conservation. Under the contest, entries will be invited every month which is a video explaining the participant’s success story. Selected entries will be awarded Rs. 10,000 each.

Notes:
Vinod Kumar Yadav has been appointed as the first chairman and chief executive officer (CEO) of the Railway board. The appointment has been cleared by the Appointments Committee of Cabinet (ACC).
Vinod Kumar Yadav is currently the chairman of the Railway Board. In December 2019 the Union Cabinet had cleared a proposal for restructuring of the Railway board with a CEO and 4 members.

Notes:
Researchers of the Institute of Genomics and Integrative Biology (IGIB) have developed a method to detect corona virus infection using mass spectrometer.
In this method, the virus detection can be done with sensitivity of 90 % and specificity of 100 %. The time taken from sample to result is 30 minutes. IGIB is an institute under the Council for Scientific and Industrial Research (CSIR).

Notes:
In the Global Innovation Index (GII) released for the year 2020 by World Intellectual Property Organization (WIPO), Cornell University and INSEAD business school, India has been ranked at 48th position among 131 nations.
India has moved up by 4 places from the previous ranking. Switzerland has topped the chart followed by Sweden and US.