Current Affairs Quiz - June, 2020

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:
The Union Government has launched a national programme for the youth, called “Responsible AI for Youth”. It has been developed by the Ministry of Electronics and IT in collaboration with Intel India, with support from Department of School Education and Literacy (DoSE&L). It aims to equip young students with new generation technology.
A dedicated portal for Artificial Intelligence, which will be a platform for all AI related developments in India, was also launched to mark the first anniversary of the second tenure of the government. It has been jointly developed by the Ministry of Electronics and IT and NASSCOM.

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:
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:
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:
Famous music composer Wajid Khan recently passed away at the age of 42. He was a part of the popular music duo Sajid-Wajid.
The pair started their musical career in the year 1998 for a Hindi movie starring Salman Khan. Sajid-Wajid scored music for many films of the star including his latest single, ‘Bhai Bhai’. The pair has been popular for their composition of IPL 4 theme song.

Notes:
Apex Governing body of men and women’s hockey, Hockey India has recently nominated national women’s team captain Rani Rampal for the prestigious Rajiv Gandhi Khel Ratna Award.
Rani Rampal is the first Indian to be named as the World Games Athlete of The Year. She played an important role in the FIH Olympic Qualifiers in 2019. Hockey India also nominated other players Vandana Kataria, Monika and Harmanpreet Singh for the Arjuna award.

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:
Indian writer Kritika Pandey has won the regional award for Asia of the prestigious Commonwealth Short Story Prize for this year.
The writer was selected for her work titled ‘The Great Indian Tee and Snakes’. The Commonwealth Short Story Prize is awarded for the best unpublished short fiction, every year. She had also been earlier nominated for the Pushcart Prize. To be eligible for the award, one must be a commonwealth citizen aged above 18 years.