Current Affairs: June 20, 2020 – GKToday

Current Affairs: June 20, 2020

1. Pradhan Mantri Bhartiya Janaushadhi Pariyojna (PMBJP) is implemented by which Union Ministry?

[A] Ministry of Health and Family Welfare
[B] Ministry of Chemicals and Fertilizers
[C] Ministry of Women and Child Development
[D] Ministry of Social Justice and Empowerment

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Correct Answer: B [Ministry of Chemicals and Fertilizers]
Notes:
Pradhan Mantri Bhartiya Jan Aaushadhi Pariyojana (PMBJP) is an initiative by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilisers.
The scheme seeks to make high-quality medicines available to all at affordable prices, through exclusive outlets of Jan Aushadhi Kendras. Recently, Jan Aushadhi Suvidha Sanitary Napkin is being made available in more than 6300 PMBJP Kendras at a minimum price of Rs.1 per pad.
2. Which financial institution is the regulator of housing finance companies (HFCs) after August 2019?

[A] National Housing Bank (NHB)
[B] Reserve Bank of India (RBI)
[C] Small Industries Development Bank of India (SIDBI)
[D] Securities Exchange Board of India (SEBI)

Show Answer

Correct Answer: B [Reserve Bank of India (RBI)]
Notes:
The Reserve Bank of India (RBI) took over the powers to regulate HFCs from the National Housing Bank (NHB) in August 2019.
Recently, RBI proposed to modify the rules of housing finance firms, which includes the formal definition of housing finance as “financing, for purchase/ construction/ reconstruction/ renovation/ repairs of residential dwelling unit”. RBI also proposed to classify HFCs as systemically important HFCs and non-systemically important HFCs.
3. As per BP Statistical Review, what is the position of India, in terms of energy consumption in 2019?

[A] Two
[B] Three
[C] Four
[D] Five

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Correct Answer: B [Three]
Notes:
According to the BP Statistical Review released recently, India’s energy consumption in 2019 was third largest behind China (141.70 EJ) and US (94.65 EJ).
While World primary energy consumption rose to 583.90 Exajoules (EJ), India’s consumption increased 2.3 per cent to 34.06 EJ. The growth was lower than 5.2 per cent in 2018. It also said that India was second biggest growth driver of primary energy consumption in the world, behind China, in 2019.
4. Prime Minister of India launched the auction process for how many coal blocks for commercial mining?

[A] 11
[B] 41
[C] 71
[D] 101

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Correct Answer: B [41]
Notes:
Prime Minister of India Narendra Modi launched the auction process for 41 coal blocks for commercial mining, to open coal sector of India to private players.
The Ministry of Coal in association with FICCI launched the process of auction under the provisions of Coal Mines (Special Provisions) Act and Mines and Minerals (Development and Regulation) Act. The auction is expected to invite Rs 33,000 crore of capital investment in the country over next five to seven years.
5. How many non-permanent members are elected by the UN Security Council every year?

[A] Four
[B] Five
[C] Six
[D] Seven

Show Answer

Correct Answer: B [Five]
Notes:
India has been recently elected as the non-permanent member of UN Security Council for 2021-22, along with Ireland, Mexico and Norway. India’s term is to begin from January 2021.
Each year the General Assembly elects five non-permanent members, out of the 10 total seats, for a two-year term. In the recent election, India won 184 votes out of 192 valid votes cast. Previously, India has been elected as a non-permanent member of the Council for seven terms.

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