Current Affairs Quiz - June, 2020

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:
Veteran economist and former member of the Planning Commission, A.Vaidyanathan recently passed away.
He served as a Chairperson of the Government of India Task Force on Revival of Cooperative Credit Institutions in 2004. He joined the National Council of Applied Economic Research (NCAER) in 1956. He also served in the Food and Agricultural Organisation, Rome. He played a crucial role in developing India’s statistical system and the National Sample Survey.

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:
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:
The PM CARES fund has the Prime Minister as its ex-officio Chairperson. It has the Union Ministers of Defence, Home and Finance as its ex-officio trustees. The Prime Minister has the power to nominate three trustees to the Board.
Recently, the trustees of PM CARES fund appointed SARC Associates as the independent auditor of the fund for three years. The Prime Minister’s Office will be its head office and two PMO officials will administer the fund on an honorary basis.

Notes:
Veteran Urdu poet Anand Mohan Zutshi Gulzar Dehlvi recently passed away at the age of 93, in New Delhi.
The poet was earlier infected by Coronavirus and was undergoing treatment. Though he returned home after recovering from Covid-19, he has passed away. He was the editor of ‘Science ki Duniya’, the only science magazine published by the government in Urdu from 1975. He also played an instrumental role in opening Urdu schools across India.

Notes:
A 500-year-old ancient temple of Lord Vishnu that was submerged in Odisha’s Mahanadi river during 19th century has reappeared after 15 years.
The river is said to have been submerged due to change of course of the river. The Indian National Trust for Art and Cultural Heritage’s archaeological survey team visited the village in Nayagarh district and said that the top of the Gopinath Dev temple was visible due to the reduction in the water-level of the river.

Notes:
As per the recent notification from the Department of Promotion of Industry and Internal Trade (DPIIT), the annual rate of inflation based on monthly Wholesale Price Index (WPI) contracted to 3.21% in the month of May 2020.
It means that the annual rate of inflation is -3.21% in May 2020. The government had suspended the release of wholesale price index (WPI) data in April, due to the nationwide lockdown. Hence the provisional figures of May are compared with final figures of March.

Notes:
TRIFED (Tribal Cooperative Marketing Development Federation of India) recently organised a webinar titled “Van Dhan: Tribal Start-ups Bloom in India”.
As per the Managing Director of TRIFED, the target of TRIFED is to expand the current coverage of 8,000 SHGs to 50,000 Van Dhan SHGs. The number of tribal gatherers is also to be made three times to 10 lakhs, through the Covid19 relief plan of the Tribal Affairs Ministry. TRIFED website was commissioned for a trial run.

Notes:
Great Wall Motor (GWM), the Chinese carmaker recently signed a Memorandum of Understanding (MoU) with the Maharashtra government.
GWM, also the latest Chinese automaker to enter the Indian market agreed to invest in modernising its Talegaon manufacturing plant. This investment is expected to generate employment for 3,000 people. The company also confirmed its plan to invest USD 1 billion in the Indian market.