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One Liners of the Day, 07 July 2020

Economy

  • This exchange will launch Gold Mini Options with Gold Mini (100 grams) bar as an underlying asset from 10 July - Multi Commodity Exchange (MCX).
  • Mauritius-owned SBM Bank India and this global payments technology company have joined hands to facilitate cross-border payments and remittances services - Mastercard.

International

  • Asia's largest 750 MW ultra mega solar plant constructed in – Rewa, Madhya Pradesh, India.
  • On 5 July, India signed five Memorandum of Understandings (MoU) with this country for the development of educational infrastructure in four provinces – Afghanistan.
  • First country which use Drones for Locust Control Operation - India.

National

  • ‘Konkan Maritime Cluster’, a first maritime cluster of India will be situated in – Goa.
  • Indian Railways is taking decisive steps to transform itself as a 'Net Zero' Carbon Emission Mass Transportation Network by - 2030.
  • An initiative announced by IIT Alumni Council to create an end-to-end indigenous biotherapeutics ecosystem targeting safe and effective treatments for Covid 19 - MegaTx.
  • This institution has decided to undertake performance assessment and ranking of national highways in the country to improve the quality of service to commuters - National Highway Authority of India (NHAI).

Persons in News

  • Present, Principal Scientific Adviser to the Prime Minister - Professor K Vijay Raghavan.

Sports

  • India's 66th chess Grandmaster - G Akash (Tamil Nadu).
  • Indian chess players who earned International Master titles in July 2020 - M Pranesh and Ameya Audi.

State Current Affairs

  • A social media tourism campaign called ‘Intezaar aapka’ has been launched by - Madhya Pradesh Tourism Corporation.
  • The Weavers Sammaan Yojana was launched in - Karnataka.

Science and Technology

  • For the first time in the world, Indian Railways has set up a solar power plant in __________ to directly power the Railway Overhead Line to run electric trains - Bina (Madhya Pradesh).
  • In a first of its kind instance, this amphibian creatures in Brazil were found to have dental glands that produce venom, similar to those found in snakes - Caecilians (worm-like toothy amphibians).

General Knowledge

  • Van Mahotsav is generally celebrated in the first week of – July.
  • Russia’s version of GPS (Global Positioning System) – GLONASS (GLObal NAvigation Satellite System).
  • China's version of GPS – BeiDou.
  • European Union’s version of GPS – Galileo positioning system.
  • India's version of GPS – NavIC (Navigation with Indian Constellation).
  • Japan's version of GPS – Quasi-Zenith Satellite System (QZSS).
  • International Chess Federation (FIDE) - Founded: 20 July 1924; Headquarters: Athens, Greece.
  • Multi Commodity Exchange (MCX) - Founded: 10 November 2003; Headquarters: Mumbai.
  • Afghanistan - Capital: Kabul; Currency: Afghan afghani.

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