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:
International Everest Day is celebrated on May 29, across the world every year. On the same day in the year 1953, Tenzing Norgay of Nepal and Edmund Hillary of New Zealand had successfully scaled the Mt. Everest.
The mountaineer duo were the first human beings to achieve the prestigious feat. Nepal decided to observe the day as International Everest Day since the climber Edmund Hillary passed away in the year 2008.

Notes:
California-based American aerospace manufacturing and space transportation services firm SpaceX has become the first private company to send astronauts into space.
The firm is owned by the tech-billionaire Elon Musk. The Crew Dragon spacecraft of SpaceX carried two astronauts of NASA Doug Hurley and Bob Behnken to the International Space Station (ISS). Earlier, this feat has been achieved by the governments of the United States, Russia and China. The US halted to use its own shuttles nine years ago.

Notes:
The Union Government has recently launched a new micro-credit facility scheme named PM SVANIDHI – Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi.
Housing and Urban Affairs Ministry launched the scheme, which aims to provide affordable loans to street vendors. The duration of the scheme is till March 2022 and is expected to benefit over 50 lakh street vendors. The vendors can avail a working capital loan of up to Rs 10000, which is repayable in monthly instalments in one-year tenure.

Notes:
The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare. Based on the recommendation of CACP, the Union Cabinet fixes the minimum support price (MSP).
Recently, the government raised the minimum support price (MSP) of paddy marginally by Rs 53 per quintal to Rs 1,868 per quintal for the 2020-21 crop year. It also hiked the rates for oilseeds, pulses cereals and commercial crops. This is expected to give 50-83 per cent higher return over the cost of production to farmers.

Notes:
Global credit ratings agency Moody’s Investors Service has currently degraded India’s foreign currency and local currency long-term issuer ratings to Baa3.
The agency had previously rated India’s ratings as Baa2. The reason for the downgrade of ratings was the high challenges to be faced by the policy-making institutions in enacting and implementing policies for sustainable growth in the country. Moody’s had upgraded India’s ratings to Baa2 in November 2017.

Notes:
The state of Telangana recently celebrated its statehood day on June 2. All national leaders including the Prime Minister wished the state and its people.
In the year 2014, Telangana was carved out of the state of Andhra Pradesh as the 29th state of India under the Andhra Pradesh Reorganisation Act. The capital of the state is Hyderabad and its population is about 3.5 crore.

Notes:
The Union Government has recently launched Kisan Credit Card campaign to help dairy farmers.
The Government will provide Kisan Credit Card (KCC) to about 1.5 crore dairy farmers who belong to Milk Unions and Milk producing Companies. The drive seeks to provide KCC to the farmers within the next two months before July 31, under a special drive. The special drive to provide KCC is part of the Prime Minister’s Atma Nirbhar Bharat package.

Notes:
Veteran diplomat Gaitri I. Kumar has been appointed as the next High Commissioner of India to the United Kingdom.
She is a 1986 batch Indian Foreign Service officer and is presently serving as the Ambassador of India to the Kingdom of Belgium, Luxembourg and the European Union. Gaitri I. Kumar is to replace Ruchi Ghanshyam who just retired. In her 3-decade long career, the diplomat has served in many Indian missions including in Paris, Kathmandu, Lisbon and Geneva.