Current Affairs Quiz - June, 2020

Notes:
The United Nations General Assembly has recently adopted a new voting procedure for the upcoming election of new members of the Security Council.
This change is due to the restrictions for large gathering and to ensure social distancing during the Covid-19 pandemic. Usually, the assembly meet in a horseshoe-shaped assembly chamber at UN headquarters. But now, the ambassadors from 193 UN member nations will cast secret ballots at predetermined places and time slots.

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:
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 Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare. Based on the recommendation of CACP, the Union Cabinet fixes the minimum support price (MSP).
Recently, the government raised the minimum support price (MSP) of paddy marginally by Rs 53 per quintal to Rs 1,868 per quintal for the 2020-21 crop year. It also hiked the rates for oilseeds, pulses cereals and commercial crops. This is expected to give 50-83 per cent higher return over the cost of production to farmers.

Notes:
The state of Telangana recently celebrated its statehood day on June 2. All national leaders including the Prime Minister wished the state and its people.
In the year 2014, Telangana was carved out of the state of Andhra Pradesh as the 29th state of India under the Andhra Pradesh Reorganisation Act. The capital of the state is Hyderabad and its population is about 3.5 crore.

Notes:
The Prime Minister has recently delivered the inaugural address at the 125th Annual Session of Confederation of Indian Industries (CII) through video conference.
The theme of this year’s annual conference is “Building India for a New World: Lives, livelihood, growth”. The Prime Minister addressed the conference on “Getting Growth Back”. He congratulated the industry body on completing 125 years of the organisation and said Intent, Inclusion, Investment, Infrastructure and Innovation important to build an Aatmanirbhar Bharat.

Notes:
Central American countries El Salvador and Guatemala have recently witnessed a tropical storm Amanda.
The heavy rains from Tropical Storm Amanda caused many people dead and missing. It has caused extreme damages across the two countries. The countries have set up temporary shelters to accommodate thousands of people after their homes were damaged.

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 Union Cabinet has given its approval for setting up of an “Empowered Group of Secretaries (EGoS) and Project Development Cells (PDCs) in Ministries/Departments of Government of India.
The establishment of the two cells is expected to attract more investments in India. The Cabinet Secretary would serve as the Chairperson of EGoS, with NITI Aayog CEO and Secretaries of other departments as members. The ‘Project Development Cell’ (PDC) will develop projects in coordination with the Central Government and State Governments and increase FDI inflows.

Notes:
India is the sole contender for the Asia Pacific seat in non-permanent category of the UN Security Council as a non-permanent member.
The General Assembly of UNSC is to hold elections for the five non-permanent members of the Security Council on June 17. It has also proposed new secret ballot voting arrangements due to the Covid-19 restrictions. India has been elected as a non-permanent member of UNSC for seven terms starting from 1950-51 till 2011-12.