Current Affairs Quiz - June, 2020

Notes:
Spain has recently granted professional status to women’s football. As per the Spanish federation, the top two women’s football divisions in Spain have gained professional status.
This decision is expected to promote the development of these competitions which were considered amateur football, until now. The sports council of the country also accepted the change in status for the competitions and it will also be valid for men’s and women’s futsal competitions of the country.

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:
Union Agriculture Minister Narendra Singh Tomar has recently launched an Internship programme named ‘Sahakar Mitra’.
The scheme seeks to provide paid internship to youth and to ensure availability of loans to young co-operators. Each intern will get financial aid for the 4 months internship period. As a paid intern, the young professionals get practical exposure from the working of National Cooperative Development Corporation (NCDC) and co-operatives.

Notes:
The state government of Andhra Pradesh has recently launched a financial assistance scheme called ‘Jagananna Chedodu’.
The scheme aims to provide direct cash transfer of Rs 10,000 into the bank accounts of each of 2,47,040 beneficiaries every year. The beneficiaries include barbers, washermen and tailors. The government has also released Rs 247.04 crore for the implementation of this scheme.

Notes:
Union Finance Minister Nirmala Sitharaman chaired the GST Council recently. As per the announcement, for all those with no tax liabilities, there is no late fee for failing to file returns between July 2017-Jan 2020.
For persons with tax liability, the maximum late fee for non-filing of GSTR-3B returns for the same period is Rs 500. This includes all returns submitted during July 1- September 30, 2020. For tax payers with turnover up to Rs 5 crore, the rate of interest for late furnishing of GST returns for February to April beyond July 6, is reduced from 18% to 9% per annum, till this September end.

Notes:
India’s leading SUV and farm vehicle maker, Mahindra and Mahindra announced that it is set to exit from its US-based e- bike company GenZe.
As the firm suffered a substantial loss in the March quarter due to losses at foreign subsidiaries, it is also set to give up control of its Korean subsidiary SsangYong. The company said that it will stop investments in the loss-making SsangYong firm. Mahindra and Mahindra is also relooking all its ventures to reduce expenses.

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:
International Day of Yoga is celebrated every year on June 21, across the world. The first such day was celebrated in the year 2015.
This year, Union AYUSH Ministry is promoting the practice of Yoga with the campaign ‘Yoga at Home, Yoga with Family’, through its various initiatives, as a part of the International Yoga Day Celebration on June 21. This year’s observance will highlight the health-building and stress-relieving aspects of Yoga.

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.