Current Affairs Quiz - June, 2020

Notes:
Swiss Tennis legend Roger Federer has been ranked at the top spot in the annual Forbes ranking of highest-paid athletes.
As per the magazine, the total earning of Federer amounts to USD 106.3 million. He is the winner of record 20 Grand Slam singles titles, the prize money of which gave him USD6.3 million. Federer is followed by the football trio in next three ranks: Cristiano Ronaldo, Lionel Messi and Neymar. Two female Tennis stars Naomi Osaka and Serena Williams were found in the top-100 list.

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:
The Union government has notified the income-tax return (ITR) forms for the assessment year (AY) 2020-21 for individual, professional and corporate tax payers.
For the first time, the form separately captures information on cash deposits exceeding ₹1 crore, expenditure on foreign travel exceeding ₹2 lakh and electricity expenses exceeding ₹1 lakh. It was earlier announced that the taxpayers may avail the benefits of investments in tax-saving instruments for an extended period up to June 30. Deadline for filing returns was also extended from July 31 to November 30.

Notes:
Prime Minister Narendra Modi has recently launched a technology-based platform named as CHAMPIONS, for MSME sector.
‘CHAMPIONS’ stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. The platform aims to provide a comprehensive solution including Grievance redressal, Financial access, Permissions among others will be addressed in the platform. It also provides latest communication tools and is enabled by Artificial Intelligence.

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 Reserve Bank of India recently announced that it would set up a Payment Infrastructure Development Fund (PIDF) of Rs 500 crore.
The fund has been created to promote the digital payment ecosystem across the country including deployment of Point of sale (PoS) infrastructure. The Reserve Bank made an initial contribution of Rs 250 crore, while the remaining fund will be provided by the card issuing banks and card networks.

Notes:
India has recently launched the United Nations Development Programme (UNDP) campaign on ‘Prevention of Human and Animal Mortality on Highways’.
Union Minister for Road Transport & Highways and MSME Nitin Gadkari has launched the campaign through video conference on the occasion of World Environment Day. The Minister also highlighted that about 5 lakh road incidents are witnessed in India every year.

Notes:
The Union Minister of State (IC) for Power, R K Singh launched the ‘#iCommit’ campaign, on the occasion of World Environment Day.
The initiative aims to bring together all stake holders including Governments, Corporates, several organisations, Think Tanks and Individuals and create a robust and sustainable energy system in the future. The campaign is led by Energy Efficiency Services Limited (EESL), under the administration of Ministry of Power.

Notes:
As per the recent notification of the Department of Expenditure, Ministry of Finance, all other Ministries and their departments are asked to not initiate any new scheme in the current financial year.
The step has been taken to efficiently use the resources amidst the Cocid-19 crisis in the country. However, this order excludes the proposals announced under the Pradhan Mantri Garib Kalyan Package, the Aatmanirbhar Bharat Abhiyan package and any other special package. The schemes that have been approved will remain suspended till March 31, 2021.

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.