Daily Current Affairs Quiz: July 07,2021

ANSWER: B

Why in news ?

• Satish Agnihotri has taken over charge as Managing Director, National High-Speed Rail Corporation Ltd. He comes with more than 20 years of experience in the implementation of mega rail infrastructure projects.
• He has worked as Chairman & Managing Director, Rail Vikas Nigam Limited (RVNL), a schedule ‘A’ CPSE under the Ministry of Railways for close to 9 years. During his tenure as CMD/RVNL, RVNL completed 7000 km of project length including 3000 km doubling/3rd line, 880 km conversion of metre gauge track to broad gauge, 3000 km railway electrification, 85 km new line, 6 factories and many important bridges.
• A 7 km long tunnel was also completed in a record time of 25 months in a new line project in Andhra Pradesh.

ANSWER: C

Why in news?

• Indian Overseas Bank (IOB) has become the second most-valued listed public sector bank (PSB) with a market capitalisation of over Rs 50,000 crore. As Street discounts privatisation of the state-owned lender, its shares have appreciated nearly 80 per cent on the BSE in the past one month.
• IOB stood with an m-cap of Rs 51,887 crore, pushing Punjab National Bank (Rs 46,411 crore) and Bank Of Baroda (Rs 44,112 crore) to third and fourth position, respectively, as per data available on BSE.
• In the past month, the market price of IOB has zoomed 57 per cent, as compared to a 4 per cent decline in PNB and a 5 per cent gain in BOB share price. The bank plans to come out of the Prompt Corrective Action (PCA) framework by focusing on recovery, low-cost deposits, and less capital consuming advances.

ANSWER: A

Why in news?

Union Minister for Fisheries, Animal Husbandry & Dairying, Giriraj Singh launched Online Course Mobile App “Matsya Setu” for fishermen.

About Matsya Setu App

• Matsya Setu app was developed by ICAR-Central Institute of Freshwater Aquaculture (ICAR-CIFA), Bhubaneswar.
• Funding support was provided by National Fisheries Development Board (NFDB), Hyderabad.
• This app comprises of species-wise or subject-wise self-learning online course modules.
• On the app, renowned aquaculture experts will explain basic concepts and practical demonstrations regarding breeding, seed production and grow-out culture of commercially important fishes such as carp, murrel, catfish, scampi, ornamental fish and pearl farming.

ANSWER: D

Why in news ?

Boxer M.C. Mary Kom and men’s hockey team skipper Manpreet Singh have been named for flag bearers at Tokyo Olympics from India.

About:

• Both of them will be flag bearers for India at opening ceremony of Tokyo Olympics which is scheduled to get underway on July 23, 2021.
• Wrestler Bajrang Punia will be flag bearer at closing ceremony on August 8, 2021.
• This decision was communicated by Indian Olympic Association (IOA) to Organising Committee of Olympics Games.
• In 2016 games in Rio De Janeiro, India’s lone individual Olympic gold-medallist Abhinav Bindra was the flag bearer at the opening ceremony
• Gender parity

In order to bring equality and parity among gender, International Olympic Committee had made provisions for flag bearers, at the executive board meeting, from both genders at the opening ceremony. IOC Executive Board also decided that, there should be at least one female and one male athlete in each of 206 teams and IOC Refugee Olympic Team which are participating at Games of the Olympiad.

 ANSWER: D

Why in news ?

Recently, the Khadi and Village Industries Commission (KVIC) launched a project named Bamboo Oasis on Lands in Drought (BOLD) from the village NichlaMandwa in Udaipur, Rajasthan

About:

• Under the project 5000 saplings of special bamboo species –BambusaTulda and BambusaPolymorpha from Assam – have been planted over 16 acres of vacant arid Gram Panchayat land of village NichlaMandwa.
  • KVIC has thus created a world record of planting the highest number of bamboo saplings on a single day at one location.
• It is the first of its kind exercise in India. It seeks to create bamboo-based green patches in arid and semi-arid land zones.
• It has been launched as part of KVIC’s “Khadi Bamboo Festival” to celebrate 75 years of independence “Azadi ka Amrit Mahotsav”.

ANSWER: A

Why in news ?

Indian Council of Agricultural Research (ICAR) has developed an anti-methanogenic feed supplement ‘Harit Dhara’ (HD), which can cut down cattle methane emissions by 17-20% and can also result in higher milk production.

About:

• HD decreases the population of protozoa microbes in the rumen, responsible for hydrogen production and making it available to the archaea (structure similar to bacteria) for reduction of CO2 to methane.
• It has been made from tannin-rich plant-based sources. Tropical plants containing tannins, bitter and astringent chemical compounds, are known to suppress or remove protozoa from the rumen.
• Fermentation after using HD will help produce more propionic acid, which provides more energy for lactose (milk sugar) production and body weight gain.
  • This leads to economic benefits for farmers.

ANSWER: C

Why in news ?

Recently, the Union Education Minister released the Report on United Information System for Education Plus (UDISE+) 2019-20 for School Education in India.

About:

Total Students:

• In 2019-20, total students in school education from pre-primary to higher secondary have crossed 26.45 crore. This is higher by 42.3 lakh compared to 2018-19.

Gross Enrolment Ratio:

• Gross Enrolment Ratio (GER) at all levels of school education has improved in 2019-20 compared to 2018-19.
  • Upper Primary Level increased to 89.7% from 87.7%.
  • Elementary Level increased to 97.8% from 96.1%.
  • Secondary Level increased to 77.9% from 76.9%.
  • Higher Secondary Level increased to 51.4% from 50.1%.
• GER is the number of students enrolled in a given level of education, regardless of age, expressed as a percentage of the official school-age population corresponding to the same level of education.

ANSWER: D

Why in news ?

The ‘Last Ice Area’ (LIA), located in the Arctic’s Ice north of Greenland, has started melting earlier than what the scientists had expected.

About Last Ice Area:

• This region is located north of Greenland and Ellesmere Island in the Canadian territory of Nunavut.
• This area was believed to be strong enough to withstand global warming.
  • The total disappearance of summer ice in the Arctic was estimated by the year 2040, however the ‘Last Ice Area’ was the exception.
• World Wildlife Fund (WWF)-Canada was believed to be the first to call this area the ‘Last Ice Area’.

ANSWER: A

Why in news ?

• Invest India has been awarded the world’s most innovative Investment Promotion Agency 2021 by OCO Global. OCO Global is a leading authority on foreign investment and offers a range of economic development services, products, and unique company assessment tools.
• Invest India, set up in 2009,is a non-profit venture under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India.

ANSWER: C

Indian Overseas Bank (IOB) has become the second most-valued listed public sector bank (PSB) with a market capitalisation of over Rs 50,000 crore. As Street discounts privatisation of the state-owned lender, its shares have appreciated nearly 80 per cent on the BSE in the past one month.

• IOB stood with an m-cap of Rs 51,887 crore, pushing Punjab National Bank (Rs 46,411 crore) and Bank Of Baroda (Rs 44,112 crore) to third and fourth position, respectively, as per data available on BSE.
• In the past month, the market price of IOB has zoomed 57 per cent, as compared to a 4 per cent decline in PNB and a 5 per cent gain in BOB share price. The bank plans to come out of the Prompt Corrective Action (PCA) framework by focusing on recovery, low-cost deposits, and less capital consuming advances.