Current Affairs Quiz - June, 2020

Notes:
As per the data from the Controller General of Accounts (CGA), India’s fiscal deficit was 4.59% of gross domestic product (GDP) for the year 2019-20. Fiscal Deficit is the gap between the government’s revenue and expenditure
The government’s revised target for its fiscal deficit was 3.8%, and the real deficit has exceeded it. However, the budget estimate was 3.5% of GDP. The Union Finance Minister invoked the escape clause in the Fiscal Responsibility and Budget Management Act to peg the deficit 0.5% higher than the Budget estimate.

Notes:
The Chief Minister of Kerala Pinarayi Vijayan has announced that Kerala Fibre Optic Network (K-FON) project would be launched by December 2020.
The objective of the Rs 1,500 crore scheme is to provide free internet access to the poor and at affordable rates to others. It is being implemented by Kerala State IT Infrastructure Limited and Kerala State Electricity Board. Using the KSEB posts, optical fibre cables are being laid across the state.

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:
Institute of Nuclear Medicine & Allied Sciences (INMAS), the Delhi based laboratory of Defence Research and Development Organisation (DRDO) has developed a disinfection unit named Ultra Swachh.
It is a multi-purpose unit, which can be used to disinfect a wide range of objects and materials including Personal Protective Equipment (PPEs), fabrics among others. The system is compliant with international standards of personal and environmental safety. The system will be available in two variants namely Ozonated Space and Trinetra Technology

Notes:
As per the recent announcement of the India Meteorological Department (IMD), the deep depression in the Arabian Sea has intensified into a cyclonic storm named as Cyclone Nisarga.
It will further turn into a severe cyclonic storm by tonight and cross north Maharashtra and Gujarat coasts between Raigad district and Daman. When the storm crosses the coast, the severe cyclonic storm will have a wind speed of 90-105 kmph. Earlier, the cyclone Amphan hit the state of West Bengal and caused severe damages.

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:
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:
Seasoned banker and Managing director and CEO of Kotak Mahindra Bank, Uday Kotak has recently assumed office as the president of the Confederation of Indian Industry (CII) for 2020-21.
As per the chamber, Uday Kotak takes over from the present Chairman and Managing Director of Kirloskar Systems, Vikram Kirloskar. The MD and CEO of Tata Steel, T V Narendran is now the President designate of CII for 2020-21.

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:
The state government of Andhra Pradesh has handed over a financial assistance of Rs 10,000 to help auto and taxi drivers affected due to the Covid-19 lockdown.
The assistance has been delivered under the YSR Vahana Mitra scheme, that was originally launched in the year 2019, to provide an annual allowance of Rs 10,000 to auto and taxi drivers to meet insurance premium, license fees and other recurring expenses. This allowance has been advanced by four months.