Current Affairs Quiz - June, 2020

Notes:
The Banks Board Bureau (BBB) has recently recommended the appointment for the top-level position of three public sector banks.
The BBB recommended the appointment of Ashwani Bhatia as the next Managing Director of State Bank of India. Ashwani Bhatia is currently the Deputy Managing Director in SBI. The Board also recommended the appointment of Matam Venkat Rao as the MD & CEO of Central Bank of India and PP Sengupta as the MD & CEO of Indian Overseas Bank.

Notes:
G7 is an association of seven of the world’s largest economies namely the US, UK, France, Germany, Italy, Canada and Japan. Previously it included Russia and was called the G-8.
The 47th G7 summit was originally scheduled to be held in the month of June 2020, at Camp David, United States. The US President Donald Trump recently announced that he is postponing the 47th summit to September or November. He also suggested to expand the G7 bloc to include India, Australia, South Korea and Russia.

Notes:
Recently, a rare species of Trionychidae turtle was caught by local fishermen at Deuli Dam under the Mayurbhanj district of Odisha.
It was rescued and released by the forest department in Deuli dam. Trionychidae turtles are softshell turtles, that are usually found in Africa, Asia, and North America. As per the forest department, the turtles weigh more than 30 kilograms and has a maximum life is 50 years.

Notes:
Union Minister for Electronics and IT Ravi Shankar Prasad has launched three major schemes to boost manufacture of electronics in the country.
Production Linked Incentive Scheme (PLI) aims for large-scale electronics manufacturing. Other two schemes namely Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) and Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme were also launched. This will generate manufacturing of electronics components worth Rs 10 lakh crore by 2025.

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:
Veteran Bureaucrat and 1999-batch IAS officer, Brajendra Navnit has been appointed as the Ambassador and Permanent Representative of India (PRI) to the World Trade Organisation for a period of three years.
He had been the Joint Secretary in the Prime Minister’s Office prior to this appointment and will be posted at the Permanent Mission of India (PMI) to the WTO in Geneva. The Appointments Committee of the Cabinet also gave a nod to the appointment of IRTS officer Anwar Hussain Shaik for the post of Counsellor, at the PMI to WTO, Geneva for three years.

Notes:
The International Day for the fight against Illegal, Unreported and Unregulated (IUU) fishing is observed every year on June 5. The purpose of this day is to sensitise about the threats posed by unregulated fishing activities to the fisheries resources.
The United Nations General Assembly (UNGA) declared June 5 as the International Day for the fight against IUU fishing in November 2017. The first such day was celebrated in the year 2018. The Agreement on Port State Measures was brought into force on the same day.

Notes:
The Insolvency and Bankruptcy Code was passed in the year 2016. It seeks to consolidate the existing laws into a single law for resolution of insolvency and bankruptcy.
Recently, Union Government has promulgated an ordinance to amend Insolvency and Bankruptcy Code. As per the ordnance, a new section 10 A has been inserted in the Code which states that no insolvency application will be filed for defaults arising on or after March 25 for a period of six months (can be extended up to one year).This will save companies which default due to Covid-19 pandemic.

Notes:
Software Technology Parks of India (STPI), an autonomous society under Ministry of Electronics and Information Technology (MeitY), commemorated its 29th Foundation Day on June 5, 2020.
STPI was established on June 5, 1991 and it has constantly contributed for the growth of Indian Information technology and electronics manufacturing industry. The exports of the STPI-registered unites stands at Rs 4,21,103 crore during 2019-20 from Rs 52 crore in 1992-93.

Notes:
As per the recent announcement from the Chief Secretary of Uttarakhand, the city of Gairsain in Chamoli district has been declared as the summer capital of Uttarakhand.
The Governor of Uttarakhand Baby Rani Maurya also gave her assent to the decision. Gairsain is located about 270-km from the existing capital of Dehradun. It is expected that the declaration of summer capital in the region will accelerate development of the hilly areas.