Current Affairs Quiz - June, 2020

Notes:
One of the world’s largest consumer-focused private equity firms L Catterton will buy a 0.39% stake for Rs 1894.50 crore in Jio Platforms.
Another global investment firm TPG will also buy a 0.93% stake in Jio for Rs 4,546.80 crore in the digital unit of Reliance Industries Limited. Since April 22, Jio Platforms has raised Rs 104,326.95 crore from leading global investors including Facebook, Silver Lake among others.

Notes:
The lower house of Nepal parliament, Pratinidhi Sabha passed bill to include India’s territories of Kalapani, Limpiyadhura and Lipulekh in Pithoragarh district of Uttarakhand in its new map.
Nepal’s upper house of parliament has also endorsed proposal to update its political map that includes the Indian territories. However, India has claimed that the updated map is not based on historical facts and evidence and that the move is violative of the current understanding to hold talks on outstanding boundary issues.

Notes:
Lieutenant General R M Vohra, a war hero of the 1971 war, recently passed away at the age of 88, after being contracted by COVID-19.
He was a Lieutenant Colonel in command of 4th Horse, the most feared tank regiments of Indian Army. He destroyed 27 enemy tanks which stopped his tanks from crossing the Basantar river. The Lt General was later awarded a Maha Vir Chakra (MVC) and his regiment was awarded the Basantar battle honour.

Notes:
Russia is to conduct a military parade in Moscow on the occasion of the 75th anniversary of their victory in the Second World War.
The Defence Minister of Russia has invited an Indian contingent to take part in the Victory Day Parade scheduled to be held on June 24, 2020 in Moscow. It was originally scheduled on the occasion of the Victory Day – May 9, but later postponed due to Covid-19. India is sending a 75-member Tri-Service contingent to participate in the parade.

Notes:
Indian software major, Infosys signed on to ‘The Climate Pledge’, an initiative by Amazon founder Jeff Bezos and Global Optimism founder and former United Nations climate chief Christian Figueres.
The initiative seeks to fast-track the transition to a low carbon economy. Infosys also announced that it will make its business net zero carbon by 2040, ten years ahead of the deadline set out by the Paris Agreement. US-based Verizon and British firm Reckitt Benckiser also signed on the climate pledge.

Notes:
Prime Minister of India Narendra Modi launched the auction process for 41 coal blocks for commercial mining, to open coal sector of India to private players.
The Ministry of Coal in association with FICCI launched the process of auction under the provisions of Coal Mines (Special Provisions) Act and Mines and Minerals (Development and Regulation) Act. The auction is expected to invite Rs 33,000 crore of capital investment in the country over next five to seven years.

Notes:
US President Donald Trump signed an act to authorise sanctions against Chinese officials over the mass incarceration of Uighur Muslims and other minorities.
The legislation requires the US administration to determine which Chinese officials are responsible for the arbitrary detention, torture and harassment of the minorities. Then, the U.S would freeze any assets held by the officials in the country and would also ban their entry into the U.S. As per some activists, over one million Uighurs and other Turkic Muslims are being homogenised in China.

Notes:
Manila-based Asian Development Bank recently announced that the economy of India would contract by 4% in the financial year 2020-21.
In its earlier outlook released in the month of April, it had estimated that India would grow at 4%. But it has been reduced to -4%. It also projected that the GDP of India would grow at 5.0% in the following year, as compared to 6.2% projected in April. A growth of 0.1% is expected for the whole Developing economies of Asian region.

Notes:
Former Supreme Court Judge D K Jain has been reappointed as the Ethics Officer and Ombudsman of Board of Control for Cricket in India (BCCI).
D K Jain was appointed as the first ever Ombudsman and was later appointed as the Ethics Officer in addition. His term had ended on February 29 this year, but his appointment has been renewed for one more year. Due to the Covid pandemic, the Ombudsman will be conducting hearings virtually.

Notes:
Indian Railways Central Railway zone has installed an automated ticket kiosk called ATMA – Automated Ticket Checking & Managing Access machine.
The innovative machine has been introduced at the Nagpur railway station, under the New, Innovative Non-Fare Revenue Ideas Scheme (NINFRIS) policy to prevent transmission of COVID-19. The system has features for automated boarding protocol by ticket checking, human body temperature checking, and face mask checking.