Current Affairs Quiz - June, 2020

Notes:
According to Mercer’s ‘2020 Cost of Living Survey’, Mumbai is the most expensive city of India, for expatriates.
It is also the 60th most expensive city for expatriates globally and it ranks 19th in Asia. In India, Mumbai is followed by New Delhi (101st globally) and Chennai (143rd globally). The global list was topped by Hong Kong, followed by Ashgabat of Turkmenistan. Tokyo and Zurich (Switzerland) are in the third and fourth positions, respectively.

Notes:
The Baghjan oil well of Oil India Limited located in Tinsukia district of upper Assam has been leaking for more than 14 days.
Recently, the oil well caught massive fire. A team of the National Disaster Response Force (NDRF) has reached the place. The Baghjan well is adjacent to the rich biodiversity-filled Dibru-Saikhowa National Park of Assam. The Indian Air Force and the Army are assisting in the firefighting operations.

Notes:
The World Accreditation Day (WAD) is celebrated on 9th June every year to highlight and promote the role of accreditation in trade & economy.
The theme for World Accreditation Day 2020 is “Accreditation: Improving Food Safety”. It is decided by the International Accreditation Forum (IAF) and the International Laboratory Accreditation Cooperation (ILAC). Quality Council of India (QCI) organised a Webinar to commemorate the event.

Notes:
The state government of Haryana has announced that it would construct 1,000 water recharge bores in underground water deficient areas of the state.
The programme seeks to recharge underground water with rainfall. Announcing this programme, Chief Minister Manohar Lal Khattar said that 90 percent of the cost of the bore project will be borne by the government and the remaining 10 percent by the farmers.

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:
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 Government of Union Territory of Jammu and Kashmir has launched J&K Poultry Policy, 2020, to promote establishment of poultry units.
It has also announced a dedicated allocation of Rs. 50 crore per annum as subsidy, for establishing of broiler/layer farms and other poultry allied activities. The UT is spending about 900 crores spent on importing poultry and its products from outside. Capital investment incentive for access to credit and interest incentive are also provided to commercial poultry farms.

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:
India has recently launched its first nationwide gas trading platform called Indian Gas Exchange (IGX).
The first online delivery-based exchange has been launched by the Indian Energy Exchange, a power trading exchange regulated by the Central Electricity Regulatory Commission. IGX will be incorporated as a wholly owned subsidiary of the Indian Energy Exchange. The platform is powered by technology from global exchange GMEX.

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.