Current Affairs Quiz - June, 2020

Notes:
Swiss Tennis legend Roger Federer has been ranked at the top spot in the annual Forbes ranking of highest-paid athletes.
As per the magazine, the total earning of Federer amounts to USD 106.3 million. He is the winner of record 20 Grand Slam singles titles, the prize money of which gave him USD6.3 million. Federer is followed by the football trio in next three ranks: Cristiano Ronaldo, Lionel Messi and Neymar. Two female Tennis stars Naomi Osaka and Serena Williams were found in the top-100 list.

Notes:
The state government of Uttarakhand has recently launched a scheme called ‘Mukhya Mantri Swarojgar Yojana’, to provide loans to the migrant workers amid Covid-19 pandemic.
Under the scheme, Uttarakhand government will provide loans worth ₹25 lakh in the manufacturing sector and ₹10 lakh in the service sector. The migrant workers who are returning to the state are eligible to apply for the loans, that will be provided by nationalised banks, scheduled commercial banks and co-operative banks.

Notes:
Apex Governing body of men and women’s hockey, Hockey India has recently nominated national women’s team captain Rani Rampal for the prestigious Rajiv Gandhi Khel Ratna Award.
Rani Rampal is the first Indian to be named as the World Games Athlete of The Year. She played an important role in the FIH Olympic Qualifiers in 2019. Hockey India also nominated other players Vandana Kataria, Monika and Harmanpreet Singh for the Arjuna award.

Notes:
The Union Ministry of Chemicals and Fertilisers recently fixed the minimum percentage of local content in public procurement of 55 chemical and pesticide products.
This step is a part of the government’s effort to boost domestic manufacturing and the Make-in-India programme. As per the new norm, the minimum local content has been fixed at 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent during 2023-25. Department of Promotion of Industry and Internal Trade (DPIIT) had revised the Public Procurement (Preference to Make in India) Order, 2017 for implementing this norm.

Notes:
The United Nations General Assembly had declared 3 June as World Bicycle Day. The Assembly acknowledged bicycle for its versatility and longevity and its usage for two centuries.
The UN encourage its stakeholders to encourage the use of bicycles as a means of promoting sustainable development and health. It also welcomes various initiatives to organise bicycle rides at the national and local levels and develop a culture of cycling in society.

Notes:
The Expert Committees on Rationalisation/Closure/Merger of Film Media Units and the committee on Review of Autonomous Bodies under the aegis of Ministry of Information and Broadcasting submitted their report to the Union I&B Minister Prakash Javadekar.
The committees were headed by Bimal Julka with an objective of rationalisation and professionalisation of institutes related to film activities. The committee recommended specific roadmaps for the development of institutes including National Film Development Corporation, Films division, Children’s Film Society of India among others.

Notes:
The Union Cabinet recently amended the Essential Commodities Act, 1955 in view of helping farmers and transforming the agriculture sector.
With the amendment, commodities like cereals, pulses, oilseeds, edible oils, onion and potatoes will be removed from list of essential commodities, thereby attracting private sector/foreign direct investment into agriculture sector. The cabinet also approved two ordinances to promote barrier-free inter-state and intra-state trade and commerce and give a level playing field with wholesalers and exporters.

Notes:
The Union Cabinet has given its approval for setting up of an “Empowered Group of Secretaries (EGoS) and Project Development Cells (PDCs) in Ministries/Departments of Government of India.
The establishment of the two cells is expected to attract more investments in India. The Cabinet Secretary would serve as the Chairperson of EGoS, with NITI Aayog CEO and Secretaries of other departments as members. The ‘Project Development Cell’ (PDC) will develop projects in coordination with the Central Government and State Governments and increase FDI inflows.

Notes:
Leading Private sector bank of India, Axis Bank has recently partnered with Mastercard India and payment service provider, Worldline India to launch a digital point-of-sale solution named as ‘Soft POS’.
The solution aims to assist offline merchants and local kirana stores in accepting payments using their smartphones, through several digital form factors including Bharat QR, sending payment links to customers etc. It can accept NFC-based payments to boost contactless payments in the country and features like e-Khata for reconciliations.

Notes:
IndusInd Bank has recently launched a mobile application-based facility for opening a current account, thereby becoming the first bank in the country to do so.
The new facility can be used to open current accounts for all kinds of businesses in a few hours. The facility is equipped with the bank’s “Indus Corporate” mobile app and the officials can capture and verify information about customers and their businesses on a real-time basis.