Current Affairs Quiz - June, 2020

Notes:
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation, has released the Provisional Estimates of National Income for the financial year 2019-20.
As per the data, the Indian economy grew by 4.2 percent in the year 2019-20, as compared to the 6.1 percent growth in 2018-19. This GDP growth rate is said to be the lowest in past 11 years. Also, during the January-March (final) quarter of the year 2019-20, the growth rate of GDP fell to 3.1%. The Per Capita Income (real) had a growth of 3.1 percent during 2019-20, as against 4.8 per cent in the previous year.

Notes:
The Indian Prime Minister Narendra Modi during his Mann Ki Baat address announced the Video Blogging Contest named “My Life – My Yoga” (also called “Jeevan Yoga”).
It is a collaboration of Ministry of AYUSH and the Indian Council for Cultural Relations (ICCR). The contest is a part of activities related to the 6th International Day of Yoga (IDY) on 21st June 2020. The contest is open to participants from all countries. The first phase will select winners within the country and the second phase will select global winners.

Notes:
Indian Energy Exchange (IEX) is the largest electronic system-based power trading exchange of India and it is regulated by the Central Electricity Regulatory Commission. IEX platform provides physical delivery of electricity and Renewable Energy Certificates (RECs).
IEX has recently launched its Real-Time Electricity Market (RTM) platform. The objective of the platform is to help the DISCOMs plan their power requirements. The trade in electricity is carried out through half-hourly auctions i.e. 48 daily sessions.

Notes:
The large group of asteroids that share the Jupiter’s orbit around the Sun are commonly called as Trojan asteroids or Jupiter Trojans. The trojans follow the same orbit of planet but stay either around 60 degrees ahead or 60 degrees behind along the orbit.
Recently, a team of astronomers from the University of Hawaii and Queen’s University Belfast have found that 2019 LD2 is the first known Jupiter trojan asteroid to have a comet-like tail. It was first discovered in June 2019 by the ATLAS system funded by NASA. But it could not be observed then, as it passed behind the sun.

Notes:
The Union Government has recently launched a new micro-credit facility scheme named PM SVANIDHI – Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi.
Housing and Urban Affairs Ministry launched the scheme, which aims to provide affordable loans to street vendors. The duration of the scheme is till March 2022 and is expected to benefit over 50 lakh street vendors. The vendors can avail a working capital loan of up to Rs 10000, which is repayable in monthly instalments in one-year tenure.

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:
Indian Prime Minister Narendra Modi is set to have his first ever virtual bilateral summit with the Prime Minister of Australia, Scott Morrison.
As per the statement issued by the Ministry of External Affairs, as the Australian head’s visit to India was cancelled due to Covid-19 crisis, this virtual summit is taking place. The leaders will discuss their responses to the ongoing Covid-19 pandemic. This summit is expected to promote the bilateral tie

Notes:
The Union Cabinet recently amended the Essential Commodities Act, 1955 in view of helping farmers and transforming the agriculture sector.
With the amendment, commodities like cereals, pulses, oilseeds, edible oils, onion and potatoes will be removed from list of essential commodities, thereby attracting private sector/foreign direct investment into agriculture sector. The cabinet also approved two ordinances to promote barrier-free inter-state and intra-state trade and commerce and give a level playing field with wholesalers and exporters.

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.

Notes:
During his first ever virtual bilateral summit with the Australian head, the Prime Minister of India Narendra Modi signed a landmark agreement related to defence.
The agreement named ‘Mutual Logistics Support Agreement (MLSA)’ will allow the militaries of the two countries to use the bases of each other countries, for the purpose of repair and replenishment of supplies. India has already signed similar agreements with the US, France and Singapore. The countries also decided to re-engage on a Comprehensive Economic Cooperation Agreement (CECA).