Current Affairs Quiz-September, 2020

Notes:
The Jammu and Kashmir Government has recently set up a 10-member council for conservation of biological diversity.
A new council named the Jammu and Kashmir Biodiversity Council will be constituted, which will have the Principal Chief Conservator of Forests as the Chairman and five non-official members. The council shall constitute a fund named as “Jammu and Kashmir Biodiversity Council Fund”.

Notes:
The Government of Australian has appointed former star cricketer Matthew Hayden as trade envoy for promoting business ties with India, along with two new members.
He has been named as the Member of Australia-India Council. Ashok Jacob has been reappointed as Chair and Indian-origin politician Lisa Singh will be the Deputy Chair. Another new member was former Australian politician Ted Baillieu.

Notes:
The Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) has entered into a MoU with CSIR-Indian Institute of Chemical Technology for setting up of Bulk Drug Park in the state.
As per the MoU, CSIR-IICT will act as a knowledge partner and provide technical assistance to prepare a proposal to be submitted by the Andhra Pradesh Government to the Union Ministry of Chemicals and Fertilizers, for seeking financial assistance.

Notes:
The current President of the European Union, Germany has launched its Indo-Pacific strategy with India.
The strategy launched by the Germany’s Foreign Ministry suggested dialogue with institutions such as Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), and Indian Ocean Rim Association (IORA), in the fields of maritime safety and disaster risk management.

Notes:
Confederation of Indian Industry (CII) has launched “Future Business Group” initiative to support new businesses launched during the past few years.
This initiative aims at creating a ‘National strategy for future businesses’, together with Department for Promotion of Industry and Internal Trade (DPIIT). The initiative will also identify new growth options and help to establish international relations.

Notes:
A powerful Typhoon named “Maysak” (Cambodian word) hit North Korea and has brought heavy rain and floods in the region.
Maysak is the second typhoon in a week to hit the Korean peninsula. Another powerful Typhoon named Bavi made a land fall in the country in the last week of August 2020. The typhoon also hit the regions in South Korea.

Notes:
The 11th edition of ‘INDRA NAVY’ – a biennial maritime exercise between the Indian Navy and Russian Navy has commenced in the Bay of Bengal.
It is a 2-day exercise and would be conducted in a non-contact format at sea. India has deployed guided missile destroyer, frigate vessels, fleet tanker and their integral helicopters in the exercise.

Notes:
Union Minster of Petroleum has stated that Five state run oil and natural gas PSUs will become corporate partners of the International Solar Alliance (ISA).
These PSUs would make financials contribution to ISA’s corpus fund. This announcement was made during the 1st World Solar Technology Summit organized by ISA. ONGC, IOCL, BPCL, HPCL and GAIL are the 5 PSUs.

Notes:
Funds above Rs.7,00,000 sent abroad under RBI’s Liberalised Remittance Scheme would be subjected to 5% Tax Collection at Source.
This is under the Finance Act 2020 and would come in to force from 1st October 2020. On payments above Rs.700,000, the TCS will apply on the amount above this threshold. The TCS is not applicable for buying a tour package.

Notes:
September 9 of every year is observed as International Day to Protect Education from Attack.
United Nations General Assembly decided to observe this day to create awareness about the plight of millions of children living in countries affected by conflict. Children’s right to education cannot be safeguarded in conflict areas without education being protected. UNESCO and UNICEF will facilitate to observe this day.