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 approved 445 crore rupees for implementation of Jal Jeevan Mission in Chhattisgarh during 2020-21, to provide tap connections to 20 lakh households.
The aim of Jal Jeevan Mission is to provide potable drinking water on a long-term basis to every rural household of the country by 2024. During the Union Budget 2020, 3.6 lakh crores has been allocated for this scheme. The migrant labourers returned to Chhattisgarh will be involved in the jobs related to water supply.

Notes:
The United Nations General Assembly had declared 3 June as World Bicycle Day. The Assembly acknowledged bicycle for its versatility and longevity and its usage for two centuries.
The UN encourage its stakeholders to encourage the use of bicycles as a means of promoting sustainable development and health. It also welcomes various initiatives to organise bicycle rides at the national and local levels and develop a culture of cycling in society.

Notes:
The largest state-owned natural gas processing and distribution company, GAIL (India) and Energy Efficiency Services have signed a MoU for cooperation in development of Trigeneration projects in India.
In Trigeneration or Combined Cooling, Heat and Power (CCHP) projects, natural gas-fired generators are used to produce electricity. Under the MoU, the two companies will jointly explore business opportunities in Trigeneration segment, where 50:50 joint venture between GAIL & EESL will be incorporated.

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:
Russian President Vladimir Putin declared a state of emergency on Wednesday after 20,000 tonnes of diesel oil to spilled into the Ambarnaya river.
The 60-kilometre-long river is present in Norilsk, which is called as the nickel capital of Russia. The spill of the diesel oil has turned the surface of the river into crimson red colour. The oil is alleged to have come as a result of a fuel tank collapse at a power plant near the city.

Notes:
The Reserve Bank of India has recently released the latest round of the Survey of Professional Forecasters (SPF).
As per the survey, the negative growth in real Gross domestic product (GDP) in 2020-21 would be 1.5% or the real GDP is to contract by 1.5%. The survey also highlighted that India’s growth would bounce back in the next financial year 2021-22 and estimated to grow at 7.2%. Another measure called Real private final consumption expenditure (PFCE) is expected to decline by 0.5%.

Notes:
‘Global Economic Prospects report’ is the flagship report of World Bank. As per the latest report released, India’s economy is estimated to contract by 3.2% in the current fiscal year 2020-21. The report also expects the Indian economy would grow at 3.1% in the next fiscal year.
In the earlier report released in April, the GDP growth rate for this fiscal year was predicted at 1.5%-2.8% growth. The growth of next year was also earlier predicted at 6.1%. The report also highlighted that global economy will contract by 5.2% in 2020.

Notes:
Allocation of Rs. 1,01,500 crore has been made under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in the current financial year 2020-2021.
This is the highest ever provision of funds under the programme. Out of the allocated fund, a sum of Rs. 31,493 crore has already been released in 2020-2021, which is more than 50% of the budget estimate of the current financial year.

Notes:
The president of the UN General Assembly is Tijjani Muhammad-Bande, who is a Nigerian diplomat. He had also served as the Vice President of UNGA.
Tijjani Muhammad-Bande has recently announced that world leaders will not be arriving in New York for their annual gathering in late September. This happens for the first time in the 75-year history of the UN due to the restrictions of the Covid-19 pandemic. The 193 heads of state and government will give speeches during the General Debate, the process of which will be announced.