Current Affairs Quiz - June, 2020

Notes:
Russia, that currently holds the BRICS Presidency, hosted the meeting of the Heads of Tax Authorities of the BRICS countries.
Though the meeting was originally scheduled to be held in Moscow, owing to Covid-19 restrictions, it was held through video conferencing. The Finance Secretary of India Ajay Bhushan Pandey represented India at the meeting. Possibilities of exploring areas of cooperation in tax matters and response of tax authorities were discussed.

Notes:
As per the recent announcement of the Deputy Chief Minister of Uttar Pradesh, the state is to develop 800 km roads as Herbal roads in the state.
The Herbal roads will have medicinal trees on both sides, including Peepal, Neem, Sehjan and other important herbal trees. The state’s Public Works Department will implement the project and rain water recharging system on the roads.

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:
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:
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:
World Health Organisation has launched a new initiative called COVID-19 Technology Access Pool (C-TAP), along with Costa Rica.
The pool was initially proposed in the month of March by the President of Costa Rica Carlos Alvarado. As of now, thirty countries and several global partners have joined the initiative. The pool seeks to make all vaccines, tests, treatments and other health technologies developed to fight COVID-19, accessible to all.

Notes:
The Union Ministry of Chemicals and Fertilisers recently fixed the minimum percentage of local content in public procurement of 55 chemical and pesticide products.
This step is a part of the government’s effort to boost domestic manufacturing and the Make-in-India programme. As per the new norm, the minimum local content has been fixed at 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent during 2023-25. Department of Promotion of Industry and Internal Trade (DPIIT) had revised the Public Procurement (Preference to Make in India) Order, 2017 for implementing this norm.

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 Union Cabinet chaired by the Prime Minister has recently approved to rename Kolkata Port as Syama Prasad Mookerjee Port.
During the 150th anniversary celebration of the Kolkata Port trust, the Prime Minister announced that the Port trust would be named after the leader Syama Prasad Mookerjee. The Port trust’s board of trustees passed a resolution to re-name Kolkata Port on February 2020. The Kolkata Port is the first Major Port as well as the only riverine port of the country.

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.