Current Affairs Quiz - June, 2020

Notes:
The insolvency regulator IBBI has reconstituted the Advisory Committee on Corporate Insolvency Resolution and Liquidation process.
This panel would be chaired by Executive Vice Chairman and Managing Director of Kotak Mahindra Bank, Uday Kotak. The panel comprising of 13 other members will provide professional support on matters relating to the Corporate Insolvency resolution and liquidation handled by the Board under the Insolvency and Bankruptcy Code 2016.

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:
The co-founder and chief executive of digital music platform Qyuki Digital Media, Samir Bangara, recently passed away following a motorcycle accident.
Samir Bangara had served as Managing Director (Digital) at Disney India, before joining the start-up firm Qyuki. In 2012, Director Shekhar Kapur and Oscar-winning musician AR Rahman launched Qyuki in Mumbai. Samir also played an instrumental role in the sale of Indiagames firm to Disney.

Notes:
Technology Giant Microsoft has recently launched a new feature called ‘Teams for Education’, to support online education.
The new feature seeks to engage and prepare students and teachers for new remote learning ecosystem. It also has an expanded audience view of up to 49 participants, custom backgrounds and virtual breakout rooms among others. Students can digitally raise their hands during class meetings in the feature.

Notes:
Facebook owned social media major WhatsApp has launched its ‘WhatsApp Pay’ for the first time in Brazil.
Two years ago, WhatsApp began testing the payments service in India, which enables users to send and receive money. However, the plan could not be materialised due to regulatory issues. WhatsApp has designed the payment system with a special six-digit PIN or fingerprint authorisation to prevent unauthorised transactions.

Notes:
Two Indian firms namely ZestMoney and Stellapps feature in the new list of Tech Pioneers released by the World Economic Forum (WEF).
The 100 firms selected as pioneers will be invited to participate at World Economic Forum workshops, events and high-level discussions. Zestmoney offers affordable credit as an alternate to traditional way of finance. Stellapps, is a farm-to-consumer dairy technology solutions company.

Notes:
The Union Sports Ministry is set to establish Khelo India State Centres of Excellence (KISCE) under the flagship Khelo India Scheme.
One KISCE will be identified in each state and union territory, to create a strong sporting ecosystem in the country. In the first phase, the Ministry has identified the sports facilities in eight states out of the 15 proposals, to be converted to KISCEs. The eight centres will be given a grant and the government will extend a Viability Gap Funding, for upgradation.

Notes:
The Asian Paralympic Committee (APC) recently announced that Bahrain will host the fourth edition of the Asian Youth Para Games from December 1 to 10 next year.
This would be the first time that Bahrain is to host a big para-sport event, which will take place across several venues in Khalifa Sports City and Isa Sports City of the country. Around 800 athletes under the age of 20 are expected to take part in the event in nine different sports.

Notes:
The All India Football Federation (AIFF) has recently recommended former skipper IM Vijayan for the country’s fourth highest civilian award, the Padma Shri.
The 51-year-old legendary player served as the India striker. Since he made his debut in the early 90s, he had scored 40 goals in 79 matches for India. He was also awarded the prestigious Arjuna award in 2003. Six Indian footballers including Bhaichung Bhutia and Sunil Chhetri have earlier won the Padma Shri award.

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.