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:
The Export-Import Bank of India (Exim Bank) has extended a line of credit (LOC) worth USD 215.68 million to the Malawi government for drinking water supply schemes and other development projects.
With this recent agreement, EXIM bank has extended five LOCs to Malawi, with the total value of LOCs being USD 395.68 million. Under this LOC, the projects covered are supply of irrigation network, cotton processing plant, green belt initiative, construction of water supply system, among others.

Notes:
“World Day to Combat Desertification and Drought” is celebrated on June 17, every year across the world.
UN General Assembly declared June 17 as the specified World Day, to promote public awareness of the issues of Desertification and Drought. This year, the theme is “Food.Feed.Fibre: Sustainable production and consumption.” The United Nations Convention to Combat Desertification leads the observance.

Notes:
India is ranked 43rd on the annual World Competitiveness Index compiled by the Institute for Management Development (IMD).
It has retained the same 43rd rank obtained in the previous edition. In the 2020 list that ranks 63 nations, Singapore has retained its top spot. It is followed by Denmark and Switzerland. However, the United States moved down from 3rd place to 10th place. While India improved in high-tech exports, foreign currency reserves etc, it degraded in areas like exchange rate stability, real GDP growth.

Notes:
South Korea recently said that North Korea has blown up the inter-Korean liaison office building, that is located north of the Korean border.
This serious incident followed the recent degradation in the relations between the two countries. North Korea has earlier threatened to engage in military action at the border with South Korea. The two countries jointly set up a liaison office at Kaesong in North Korea in 2003. The Kaesong Industrial Complex is a joint industrial zone operated by both North Koreans and South Koreans.

Notes:
Pune-based Serum Institute of India is set to provide ten million doses of the pneumococcal conjugate vaccine, every year to lower-income countries for the next decade.
The institute has entered into a new supply agreement with the UNICEF that helped to decrease the price of pneumonia vaccine for those nations. As of now, Pneumonia is the biggest killer of children, which claims the life of a child every 39 seconds.

Notes:
Leading social-media platform Twitter has recently launched a dedicated search prompt that will direct people looking for domestic violence-related keywords to authentic information from the Ministry of Women and Child Development and National Commission for Women.
The search prompt will be available on iOS, Android and will be in English and Hindi languages. The prompt will also direct them towards sources of help available on Twitter. This initiative is an expansion of #ThereIsHelp prompt, which was launched to provide information on critical issues.

Notes:
Delhi is set to have the world’s largest coronavirus facility with over 200 halls and 10,000 beds, as per the official announcement.
The Delhi government has started converting a South Delhi-based Spiritual Centre into the world’s largest Covid-19 care facility. As a sudden rise in the Covid-19 cases is seen in Delhi, this decision has been taken. The complex is expected to be fully ready by June 30 for treatment of the patients.

Notes:
Scientists in UK have claimed that the generic steroid drug dexamethasone has reduced deaths by up to one third in severely ill hospitalised patients, affected by COVID-19.
This result is a part of one of the world’s largest randomised trial of drugs to treat COVID-19 patients, that also showed hydroxychloroquine was not working against the coronavirus. The drug is shown to cut the risk of death by a third for patients on ventilators and a fifth for those on oxygen. However, World Health Organisation said that the drug is reserved for severely ill and critical patients.

Notes:
Indian Prime Minister Narendra Modi is to launch a Rs 50,000 crore employment scheme named ‘Garib Kalyan Rojgar Abhiyan’ from a village of Bihar.
The scheme aims to provide income support to migrant workers who returned to their home states during the coronavirus lockdown. It will primarily focus on six states Bihar, Uttar Pradesh, Madhya Pradesh, Rajasthan, Jharkhand and Odisha, where maximum migrant workers have returned. This scheme aims to provide livelihood for 125 days to 25,000 migrant workers of 116 districts.