Current Affairs Of 7 July 2020

Current Affairs Of 7 July 2020

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Current Affairs Of 7 July 2020

INTERNATIONAL AFFAIRS

India Ranked 117th in SDG Index 2020, Sweden Tops: Sustainable Development Report 2020

The 2020 report has reviewed the performance of 193 UN Member States out of which 166 were ranked under SDG index 2020.

India-Afghanistan inked 5 MoUs for development of educational infrastructure in Afghanistan

In order to strengthen the bilateral development partnership, the Government of India has inked 5 Memoranda of understanding (MoUs) with Afghanistan under the former’s high impact community development projects (HICDP) programme. 

About Afghanistan:
Currency– Afghan afghani
President– Ashraf Ghani Ahmadzai

India Ranked 31st in INFORM Risk Index 2020 for Humanitarian crises & Disasters; Somalia Tops

In accordance with the “INFORM Report 2020:Shared evidence for managing crises and disasters” released by research centre INFORM, operating under European Commission (EU), India has ranked at 31st  place with an inform risk of 5.4, means risk of humanitarian crises and disasters .

NATIONAL AFFAIRS

Indian Railways Sets up Solar Plant in Bina to Supply Power Directly on the Railway Overhead Line

The Ministry of Railways has decided to install solar power plants on its vacant unused lands on mega scale and to utilise solar energy for meeting its traction power requirements to become a complete ‘Green mode of transportation’.

About Indian Railways:
Union Minister: Shri Piyush Goyal
Minister of State: Shri Angadi Suresh Channabasappa

CBSE Partners With Facebook For Curriculum on Digital Safety, Augmented Reality

 The Union Minister for Human Resource Development (HRD) Ramesh Pokhriyal ‘Nishank’ made an announcement on the partnership of Central Board of Secondary Education (CBSE) and Facebook to launch a curriculum on Digital Safety and Online well-being and Augmented Reality (AR) for students and educators.

About CBSE:
Headquarters: New Delhi
Chairman: Manoj Ahuja I.A.S
About Facebook:
Headquarters: Menlo Park, California, United States
CEO: Mark Zuckerberg

DRDO to establish a research cell at IIT-H to meet the future defence technological requirements 

Defence Research and Development Organisation(DRDO) will establish a research cell at Indian Institute of Technology Hyderabad(IIT-H), ‘DRDO – IIT-H Research Cell’ to meet the future defence technological requirements of the country. 

About DRDO:
Headquarters– New Delhi, India
Chairman– G. Satheesh Reddy

BANKING & FINANCE

SBM Bank India Partnered with Mastercard to facilitate Real-time domestic & cross-border payments & remittances through ‘Mastercard Send’

About Mastercard:
Headquarters– New York, United States
CEO – Ajay Banga ( Michael Miebach will take over as CEO on January 2021)

YES Bank Launches a Digital Solution, ‘Loan in Seconds’ for Instant Disbursement of Retail Loans

YES Bank launched a digital solution, ‘Loan in Seconds’ for instant disbursement of retail loans. It is available for the bank’s pre-approved liability account holders. The algorithm evaluates the loan application in real-time and eliminates the need for documentation.

About YES Bank:
Headquarters–  Mumbai, Maharashtra
MD and CEO- Prashant Kumar
Tagline– Experience our Expertise

APPOINTMENTS & RESIGNATIONS 

NHRC Constitutes 11-Member Committee Headed by K S Reddy to Assess Covid-19 Impact on Human Rights

The National Human Rights Commission (NHRC) has set up an 11-member expert committee headed by Dr K S Reddy, president of Public Health Foundation of India to study impact of coronavirus (Covid-19) on human rights of individuals, particularly marginalised and vulnerable sections of the society, together with migrant labourers & will also study the future response of the government.

ACQUISITIONS & MERGERS 

Payments Platform Paytm to Acquire Raheja QBE General Insurance For $76 million

About Paytm:
Headquarters– Noida, Uttar Pradesh
President– Amit Nayyar

SCIENCE & TECHNOLOGY

Elyments – India’s First Social Media Super App Launched by the Vice President of India

Vice President of India Shri Venkiah Naidu launched India’s first social media super application: Elyments virtually on 5th July 2020. The app provides free audio/video calls, and private/ group chats through vibrant feed.

Israel Successfully Launches New Spy Satellite ‘Ofek 16’ into Space Using Shavit Rocket

 The Israel Ministry of Defense (IMoD), and Israel Aerospace Industries (IAI), have successfully launched a new spy satellite “Ofek 16” into orbit by using a locally-developed Shavit rocket from a launchpad at Palmachim airbase in central Israel at 4:00 AM.

About Israel:
Capital– Jerusalem
Currency– Israeli Shekel
President– Reuven Rivlin
Prime Minister- Benjamin Netanyahu

India’s First NPNT Compliant Drone Flight Successfully Completed by Quidich & Asteria Aerospace

India’s First No-Permission No-Takeoff (NPNT) compliant drone flight on the A200 Remotely Piloted Aircraft System (RPAS) has been completed successfully by Quidich Innovation Labs and Asteria Aerospace in the green zone identified by the Directorate General of Civil Aviation (DGCA), near Tumkur in Karnataka.

IIT Roorkee Develops “Unisaviour” – Disinfection Box to Sterilise Personal Belongings

The Indian Institute of Technology Roorkee(IIT-R) announced that the IIT-R researchers team led by Prof. Soumitra Satapathi, Laboratory of Integrated Nanophotonics and Biomaterials, have developed the disinfection box – “Unisaviour” box, which can be used to sterilise various personal belongings to minimise the COVID-19 transmission.

SPORTS

Akash Become India’s 66th Grandmaster

The 23 year-old G. Akash from Chennai, Tamil Nadu become the country’s 66th Grandmaster with rating of 2495.

BOOKS & AUTHORS

Former RBI Governor Urjit Patel Authored a Book Titled ‘Overdraft: Saving the Indian Saver’

Former Reserve Bank of India (RBI) governor Urjit Patel has authored a book titled ‘Overdraft: Saving the Indian Saver’, which focuses on the issue of Non-Performing Assets (NPAs) that has affected  Indian banking in recent years and also its causes. 

“Getting Competitive: A Practitioner’s Guide for India” authored  by R C Bhargava, Chairman of Maruti Suzuki on Industrialising India

RC Bhargava, the Chairman of Maruti Suzuki authored the book “Getting Competitive: A Practitioner’s Guide for India” from his experience of around 60 years as a policymaker and a leading industrialist. The book published by HarperCollins India, provides practical suggestions to make India a competitive industrialised country.

IMPORTANT DAYS

World Zoonoses Day 2020: July 6

3rd Anniversary of GST day 2020: July 1

Goods and Service Tax(GST) day is observed annually on July 1. This year marks the 3rd anniversary of the launch of the day and was marked by the Central Board of Indirect Taxes and Customs(CBIC).

STATE NEWS

Ladakh LG RK Mathur E-Launches Mission Organic Development Initiative & Greenhouse Project  

Radha Krishna Mathur, Lieutenant Governor of Ladakh launched Mission Organic Development Initiative(M.O.D.I) and Greenhouse Project, to lead the Union Territory on a sustainable path, over a virtual platform from Raj Niwas, Ladakh.