Current Affairs Quiz - June, 2020

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:
The Union Government has launched a new healthcare supply chain portal called ‘Aarogyapath’. The portal has been launched by the Council of Scientific and Industrial Research (CSIR).
The objective of the portal is to provide real-time availability of critical healthcare supplies for manufacturers, suppliers and customers. As per the Ministry of Information & Broadcasting, the public platform can help customers in knowing about critical healthcare supplies.

Notes:
The lower house of Nepal parliament, Pratinidhi Sabha passed bill to include India’s territories of Kalapani, Limpiyadhura and Lipulekh in Pithoragarh district of Uttarakhand in its new map.
Nepal’s upper house of parliament has also endorsed proposal to update its political map that includes the Indian territories. However, India has claimed that the updated map is not based on historical facts and evidence and that the move is violative of the current understanding to hold talks on outstanding boundary issues.

Notes:
Railway Protection Force, Pune has launched a robot named ‘Captain Arjun’, to screen passengers while they board trains.
ARJUN stands for Always be Responsible and Just Use to be Nice. It is equipped with a motion sensor, PTZ camera (Pan, Tilt, Zoom Camera) and a Dome Camera. Captain Arjun also does thermal screening and also has a sensor-based sanitizer and mask dispenser. It also has a floor sanitization facility. The robot uses artificial intelligence to track suspicious activity and antisocial activity.

Notes:
Leading private bank ICICI Bank has launched an overdraft (OD) facility named ‘Insta FlexiCash’, for its salaried account customers who are facing a cash crunch.
The specified customers can initiate this facility by applying online using the bank’s Internet banking platform and can avail short-term instant credit within 48 hours. The product has been launched to help the bank’s Salary Account customers from missing their Equated Monthly Instalments (EMIs) or cheque bounces due to insufficient funds.

Notes:
The Aquatic Quarantine Facility (AQF), a premier institution of Rajiv Gandhi Centre for Aquaculture, MPEDA, Ministry of Commerce & Industry (RGCA-MPEDA), has received 3,600 numbers of L. vannamei (White-leg shrimp) brood stock imported by India’s shrimp hatchery operators from Hawaii.
The brood-stock were successfully quarantined for five days and handed over to the hatchery operators with 97.12 per cent survival. This has been achieved for the first time since the inception of the Aquatic Quarantine Facility.

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:
India has recently joined the Global Partnership for Artificial Intelligence (GPAI) as its founding member, along with USA, UK, EU, Australia among others.
Union minister for Electronics and IT Ravi Shankar Prasad announced that this multi-stakeholder international partnership will promote responsible human centric development and use of Artificial Intelligence. India has recently launched the National AI Strategy and also launched its dedicated National AI Portal.

Notes:
‘International Day of Family Remittances (IDFR)’ is celebrated on June 16, every year across the world.
The United Nations General Assembly declared IDFR to be celebrated on June 16. The day also recognizes the contribution of over 200 million migrants to improve the lives of their 800 million family members. The impact of the remittances on households, communities and countries is also focussed.

Notes:
‘International Day of Family Remittances (IDFR)’ is celebrated on June 16, every year across the world.
This year, the International Day is observed with the theme of “Remittances are a lifeline”. The United Nations that designated the day, also calls upon governments, private sector companies and the civil society, to maximize the impact of remittances through individuals.