Current Affairs Quiz - June, 2020

Notes:
China recently announced that it will impose a ban on imports of pigs, wild boar and pork related products from India.
After India reported African swine fever (ASF) in Assam last month and nearly 14,000 deaths among pigs and wild boars in Assam, China is set to ban those products. This was released by Chinese state media Global Times amidst the border tensions between the countries.

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:
As per the test report of the Animal Husbandry Department of the state of Uttarakhand, the quality of the state’s sheep wool compiled was similar to the Merino sheep wool.
The Merino sheep wool of Australia is famous across the world in the textile industry for its fine texture. India imports nearly 8000 MT of fine wool every year. Uttarakhand received 250 Merino sheep in Tehri Garhwal district under the national livestock scheme last year. With appropriate breeding programmes, Uttarakhand would produce high-quality fine Merino wool.

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:
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:
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:
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:
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:
India’s oldest music label Saregama has entered into a global deal with social media giant Facebook to license its music.
Under the deal, Saregama’s music is licensed for features such as videos, stories via music stickers and other creative content offered by Facebook. Hereafter, Facebook and Instagram users will be able to add music to their posts and stories from Saregama music label.