Current Affairs Quiz - June, 2020

Notes:
Prime Minister Narendra Modi has recently launched a technology-based platform named as CHAMPIONS, for MSME sector.
‘CHAMPIONS’ stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. The platform aims to provide a comprehensive solution including Grievance redressal, Financial access, Permissions among others will be addressed in the platform. It also provides latest communication tools and is enabled by Artificial Intelligence.

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:
During April, the state of Punjab launched an operation to contain the outbreak of Coronavirus (Covid-19) named ‘Mission Fateh’.
Recently, the Chief Minister of Punjab Amarinder Singh has launched a month-long drive to spread awareness about COVID-19 pandemic under Mission Fateh. This campaign will expand the coverage of the original mission beyond the frontline workers to include all general public of the state in fighting the crisis. Various awareness programmes are to be held across the state.

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:
American private space company SpaceX has recently launched 60 new internet satellites into orbit using Falcon 9 rocket.
Only before some days, billionaire Elon Musk owned SpaceX has sent two NASA astronauts to International Space Station, thereby becoming the first private firm to send astronauts to space on Falcon-9 rocket. This is the 8th batch of satellites and the total number of Starlink constellation of satellites is 482, as of now.

Notes:
The World Food Safety Day (WFSD) is celebrated on June 7, 2020. This year is the second edition of the Food Safety Day. The day is celebrated to promote global food safety awareness and to bring together countries, civil society and private firms to take required action.
World Health Organisation (WHO) is collaboration with the Food and Agriculture Organization leads the member states to celebrate Food Safety Day. This year, the theme of WFSD campaign is “Food safety, everyone’s business”.

Notes:
The 12th edition of the biennial Environment Performance Index (EPI Index 2020) has been released by the Yale University.
In the index that measured the environmental performance of 180 countries, India secured 168th rank with a score of 27.6 out of 100. Last year, the country scored 30.57 and was placed at 177th rank. Denmark was placed at the first place, followed by Luxembourg and Switzerland. The United States was placed at 24th rank.

Notes:
‘Global Economic Prospects report’ is the flagship report of World Bank. As per the latest report released, India’s economy is estimated to contract by 3.2% in the current fiscal year 2020-21. The report also expects the Indian economy would grow at 3.1% in the next fiscal year.
In the earlier report released in April, the GDP growth rate for this fiscal year was predicted at 1.5%-2.8% growth. The growth of next year was also earlier predicted at 6.1%. The report also highlighted that global economy will contract by 5.2% in 2020.

Notes:
As per the statement of the Indian Railways, the best ever safety record has been created during April 2019 – March 2020.
There has been no fatality of any railway passenger in any train accident during this period. This feat has been achieved for the first time since 1853, when the Indian Railway system was introduced in the country. About 1274 Manned Level Crossings have been eliminated in 2019-20, which is also the highest ever. More than 1000 bridges were rehabilitated and rails were renewed.

Notes:
The Union Government has created the Micro Irrigation Fund with the corpus of Rs. 5000 crore with National Bank for Agriculture and Rural Development (NABARD).
Under the fund, NABARD will provide the amount to states on concessional rate of interest to promote micro-irrigation. Moreover, the annual allotment of Rs. 4000 crore has been made under the ‘Per Drop More Crop’ component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY- PDMC). The scheme focuses on improving water use efficiency through micro Irrigation techniques.