Current Affairs Quiz - June, 2020

Notes:
Russia, that currently holds the BRICS Presidency, hosted the meeting of the Heads of Tax Authorities of the BRICS countries.
Though the meeting was originally scheduled to be held in Moscow, owing to Covid-19 restrictions, it was held through video conferencing. The Finance Secretary of India Ajay Bhushan Pandey represented India at the meeting. Possibilities of exploring areas of cooperation in tax matters and response of tax authorities were discussed.

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:
As per the test report of the Animal Husbandry Department of the state of Uttarakhand, the quality of the state’s sheep wool compiled was similar to the Merino sheep wool.
The Merino sheep wool of Australia is famous across the world in the textile industry for its fine texture. India imports nearly 8000 MT of fine wool every year. Uttarakhand received 250 Merino sheep in Tehri Garhwal district under the national livestock scheme last year. With appropriate breeding programmes, Uttarakhand would produce high-quality fine Merino wool.

Notes:
The Union Minister of Youth Affairs and Sports Kiren Rijiju has recently launched a 25-day Khelo India Community Coach Development Programme.
The programme seeks to train about 15,000 Physical Education Teachers and Community Coaches across India. Sports Ministry will collaborate with the Human Resources Ministry to implement this programme in all school in India.

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 Central Government has initiated a consultation process for formulation of a new national Science, Technology and Innovation Policy (STIP 2020).
To formulate this policy, the Office of the Principal Scientific Adviser (PSA) to the Government of India and the Department of Science and Technology (DST) have jointly initiated a decentralised process. This is the 5th Science and Technology policy of the country.

Notes:
The global innovation mapping and research company StartupBlink has recently released its annual Ecosystem Rankings Report.
As per this year’s report, India has been ranked at 23rd place out of 100 countries. In the last year’s report, India was placed at 17th rank. The report collects local data of every country to rank their start-up ecosystem based on the quality of start-ups and business environment. The United States was placed at the top spot. Only four Indian cities were ranked in the top 100 start-up cities list.

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 legislature of Hong Kong has recently approved a bill that makes it illegal to insult the Chinese national anthem.
In Hong Kong, the pro-democracy camp sees the anthem bill as an infringement of freedom of expression whereas the pro-Beijing majority said the law was necessary to show appropriate respect for the anthem. If one intentionally abuses the “March of the Volunteers” anthem, he might face up to three years in prison and a fine of up to 50,000 Hong Kong dollars.

Notes:
The Chairperson of India’s largest listed real estate firm DLF, Kushal Pal Singh was seen in news, as he stepped down from his leadership role, at the age of 90. He will continue to serve in a non-executive position.
He took over as Chairman of DLF in 1995 and was considered as the face of the popular firm. K.P.Singh will be replaced by his son Rajiv Singh, who is currently serving as the Vice Chairman, as per the announcement of the firm.