Current Affairs Quiz - June, 2020

Notes:
The World Bank has provided Rs. 1,950 crore loans to the state of West Bengal for tackling COVID crisis and developmental work in the state.
Announcing the news about the loan, the Chief Minister Mamata Banerjee said that out of the total loan, Rs. 1,100 crore will be spent for creating Industrial infrastructures and remaining Rs. 850 crore has been allocated for social-Welfare schemes.

Notes:
India’s leading digital payments platform PhonePe has partnered with ICICI Lombard to launch the first-of-its kind domestic multi-trip insurance cover.
This comprehensive insurance cover has been exclusively made available for the users of PhonePe. It provides affordable annual insurance cover for unlimited trips. Under this feature, there is no need to insure every trip separately unlike traditional insurance products.

Notes:
The Coral Triangle Day is held every June 9 across the world. Coral Triangle is the ocean spread across 6 countries in the Asia-Pacific region: Indonesia, Malaysia, Papua New Guinea, the Philippines, Solomon Islands, and Timor Leste, also called the “CT6” countries.
The day is celebrated by all countries which are benefitted by the rich marine resources of the Coral Triangle. It is also one of the 3 great ecological complexes in our planet, along with the Congo Basin and the Amazon Rainforest.

Notes:
Employees’ Provident Fund Organisation has partnered with the Common Service Centre (CSC) to enable the pensioners submit Digital Jeevan Pramaan (Life Certificate).
As per the statement of the Labour Ministry, around 65 lakh pensioners can submit their life certificate through over 3.65 lakh CSCs. Every year, the Employees’ Pension Scheme (EPS) pensioners need to submit their life certificates to continue to draw pension, as the life certificate will remain valid for one year from date of submission.

Notes:
Technology Major Amazon banned Police from using its facial recognition software “Rekognition”, for a year, amid the nation-wide protests in the United States.
The use of facial recognition systems has faced criticism for incorrectly identifying people with darker skin. Though law enforcement agencies use facial recognition only to identify suspects, the critics say it can be misused. Earlier, IBM revoked its facial recognition software. Microsoft also joined the companies in banning Police use its recognition software.

Notes:
Indian-American soil scientist Dr Rattan Lal has won the prestigious World Food Prize. The award is considered to be equivalent to a Nobel Prize in agriculture.
Dr Rattan Lal has been awarded for his contribution in assisting small farmers to improve their soil’s health. This has let the global food supply to increase considerably. He has promoted soil-saving techniques which has benefitted the livelihoods of more than 500 million small farmers.

Notes:
The International Football Federation FIFA has released its global FIFA ranks recently. Belgium retained its top spot in the list.
Belgium is followed by France and Brazil. The fourth and fifth positions are occupied by England and Uruguay respectively. Indian football team has retained the 108th spot in the ranking. The Covid-19 pandemic has remained an obstacle to the staging of international matches and the ranking remains unchanged.

Notes:
As per the recent statement from the Central Board of Indirect Taxes and Custom (CBIC), Customs duty on bamboo imports by agarbatti manufacturers has been hiked from 10 per cent to 25 per cent.
This is expected to encourage use of domestic bamboo by all industries. Earlier, only the large agarbatti manufacturers were able to import bamboo at lower rate. But due to the reduction in import, farmers as well as MSME agarbatti manufacturers would be benefitted. Moreover, uniform rate will help to prevent misuse and rate related disputes.

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:
British Prime Minister Boris Johnson has announced that a commission to look at racial equality in the UK will be established.
The proposed body would look at all forms of inequality in employment, health outcomes, academics, criminal justice system and all aspects of life. This announcement has been given after protests have been undertaken after the death of George Floyd in Minneapolis.