Current Affairs Quiz - June, 2020

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:
The National Human Rights Commission (NHRC) has submitted a mid-term report to the United Nations on the human rights situation in the country.
This is the first time NHRC is submitting the report mid time, in which is highlighted the policies of the government on climate change, rights of women, children, disabled and the elderly. NHRC also informed that the Government of India is actively considering the proposal of a Universal Basic income (UBI).

Notes:
Indian Chamber of Commerce (ICC) is the leading and only National Chamber of Commerce, that was founded in 1925. It is headquartered at Kolkata.
Prime Minister Narendra Modi has recently delivered the inaugural address of the 95th annual plenary session of the Indian Chamber of Commerce (ICC) through video conferencing. During his address, the Prime Minister also praised the chamber for contributing to the development of industries in East India and the North East.

Notes:
The Chief Minister of Gujarat has recently announced that the Phase-2 of the Saurashtra-Narmada Avataran Irrigation (SAUNI) Yojana will be completed before 15th of August.
The scheme was launched with an aim of providing adequate drinking water to the state and meet the drinking water and irrigation requirements of Saurashtra and Kutch regions from Narmada river. It is also expected to fill 115 water reservoirs of arid Saurashtra and Kutch region. The first phase of SAUNI Yojana was launched in the year 2016.

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:
The Reserve Bank of India (RBI) has constituted an internal working group to review the guidelines on ownership and corporate structure of private sector banks.
The working group will be headed by PK Mohanty, an Executive Director at RBI. The group will examine the licensing guidelines of banking and regulations on ownership of private sector banks. It will also review the regulations on holding of financial subsidiaries through a non-operative financial holding company.

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:
Leading private bank ICICI Bank has launched an overdraft (OD) facility named ‘Insta FlexiCash’, for its salaried account customers who are facing a cash crunch.
The specified customers can initiate this facility by applying online using the bank’s Internet banking platform and can avail short-term instant credit within 48 hours. The product has been launched to help the bank’s Salary Account customers from missing their Equated Monthly Instalments (EMIs) or cheque bounces due to insufficient funds.

Notes:
India’s first infectious disease diagnostic lab has been developed with the support of Department of Bio-Technology.
The lab has been developed as a part of the Aatmanirbhar Bharat scheme, in a record time of eight days from the receipt of the Automotive Chassis, from Bharat Benz, a brand of Daimler India Commercial Vehicles. It has Elisa test, rRT-PCR test and Bio chemistry analysers.

Notes:
‘International Day of Family Remittances (IDFR)’ is celebrated on June 16, every year across the world.
The United Nations General Assembly declared IDFR to be celebrated on June 16. The day also recognizes the contribution of over 200 million migrants to improve the lives of their 800 million family members. The impact of the remittances on households, communities and countries is also focussed.