Current Affairs Quiz - June, 2020

Notes:
World Milk Day is celebrated on June 1, every year across the world. The first World Milk Day was held in the year 2001.
The Food and Agriculture Organisation (FAO) of the United Nations chose June 1 as the World Milk Day, to highlight the role of milk and to publicise activities connected with milk and the milk industry. This year, the overarching theme is the “20th Anniversary of World Milk Day”. A virtual campaign rally named ‘Enjoy Dairy Rally’ was held from May 29-31.

Notes:
As per the recent announcement from the Food and Consumer Affairs Ministry, three more States namely Odisha, Sikkim and Mizoram have recently joined the ‘One Nation-One Ration Card’ scheme.
This addition has taken the total number of states and union territories that have joined the scheme to 20. In the three states, the necessary infrastructure work for joining the scheme including upgradation of electronic Point of Sale (e-PoS) software have been completed.

Notes:
Union Ministry of Chemicals and Fertilizers implements the Pradhan Mantri Bhartiya Janaushadhi Pariyojna (PMBJP) scheme through the network of Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs).
The scheme aims to make quality medicines available at affordable prices to all and reduce out of pocket expenses for healthcare. The scheme was seen in news recently, as it achieved sales of Rs. 100.4 Crores in the first two months of 2020-21. During March, April & May 2020, the Kendras have sold Rs. 144 Crores worth affordable medicines.

Notes:
The Union Cabinet has approved further changes to the definition of micro, small and medium enterprises (MSMEs).
Earlier, the Union Minister had proposed that Micro units can have up to Rs 1 crore investments and turnover up to Rs 5 crore while Small units can have up to Rs 10 crore investments and turnover up to Rs 50 crore. The investment limit of a medium unit has been increased from Rs 20 crore to Rs 50 crore and the turn over limit from Rs 100 crore to Rs 250 crore. The Cabinet also approved Rs 20,000-crore fund for stressed entities and equity infusion of Rs 50,000 crore.

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 Prime Minister has recently delivered the inaugural address at the 125th Annual Session of Confederation of Indian Industries (CII) through video conference.
The theme of this year’s annual conference is “Building India for a New World: Lives, livelihood, growth”. The Prime Minister addressed the conference on “Getting Growth Back”. He congratulated the industry body on completing 125 years of the organisation and said Intent, Inclusion, Investment, Infrastructure and Innovation important to build an Aatmanirbhar Bharat.

Notes:
The World Bank recently warned that 60 million people could be pushed into extreme poverty in 2020, after Covid-19 crisis.
The World Bank President David Malpass released analytical chapters from its flagship Global Economic Prospects report. He urged the countries to implement comprehensive policies to boost long-term growth and to address immediate health emergencies. The estimates are likely to increase further.

Notes:
The Union Cabinet has recently given its approval to re-establish Pharmacopoeia Commission for Indian Medicine & Homoeopathy (PCIM&H) as Subordinate Office under Ministry of AYUSH.
PCIM&H is to be merged with the two central laboratories: Pharmacopoeia Laboratory for Indian Medicine (PLIM) and Homoeopathic Pharmacopoeia Laboratory (HPL). The two laboratories were established in Ghaziabad in 1975. At present, PCIM&H is an autonomous body under AYUSH ministry.

Notes:
United Kingdom recently hosted the Global Vaccine Summit, which was held virtually due to the restrictions involved amidst the Covid-19 pandemic.
Indian Prime Minister Narendra Modi attended the conference and pledged $15-million as India’s contribution to the vaccines alliance GAVI. The British Prime Minister earlier urged all nations to pledge funds for vaccinations to save the lives of people across the world from outbreaks of infectious diseases in future.

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.