Current affairs: July 01, 2020 General knowledge

Right answer: A [V K Paul]

Remarks:
The Union Ministry of Health had formed a committee headed by NITI Aayog member VK Paul. The Delhi Health Office has developed a new Covid 19 response plan based on the recommendations of the committee.
As part of the plan, serological testing began in some parts of the city to undertake a comprehensive analysis of the spread of Covid-19 in Delhi. The exercise, which tests 20,000 people for antibodies, is being conducted jointly by the National Center for Disease Control (NCDC) and the Delhi government.

Right answer: A [Indian Institute of Science (IISc)]

Remarks:
A team of engineers at the Indian Institute of Science (IISc) had developed a ventilator for intensive care units under the name “Project Praana”.
The team recently successfully prototyped the ventilator, which is currently being commercialized. The affordable ventilator only uses components made in India or components that are readily available in domestic markets. The team developed the ventilator in a record 35 days.

Right answer: B. [Madhya Pradesh]

Remarks:
The state government of Madhya Pradesh has set up its own commission to create employment opportunities for migrant workers.
The Madhya Pradesh State Migrant Labor Commission (MPSMLC) is designed to create jobs for those who have returned from other parts of the country during the Covid 19 ban. The state government will appoint the chairman of the commission, who will propose measures for the benefit of migrant workers.

Right answer: D. [Corona Kavach]

Remarks:
In accordance with the guidelines of the insurance supervisory authority, the insurance supervisory authority (IRDAI) has instructed general and health insurance companies to offer a short-term Covid-19 policy.
The standard health policy known as the “Corona Kavach Guideline” would have a term of office of 3.5 months to 6.5 months and 9.5 months. According to the guidelines, the method of payment would be a single premium. Another guideline called Corona Rakshak, a standard performance guideline, is also to be introduced.

Right answer: C. [7 years]

Remarks:
The government of the Union has announced the introduction of taxable variable rate savings bonds for 2020, which will be available to private investors for subscription from July 1, 2020.
The bonds are issued by the Reserve Bank of India on behalf of the government and replace the recently withdrawn 7.75% bonds. The interest rate on these bonds is reset every six months, while the initial interest rate is set at 7.15 percent. The bonds are repayable after seven years from the date of issue.