Current Affairs Quiz - June, 2020

Notes:
The World Bank has provided Rs. 1,950 crore loans to the state of West Bengal for tackling COVID crisis and developmental work in the state.
Announcing the news about the loan, the Chief Minister Mamata Banerjee said that out of the total loan, Rs. 1,100 crore will be spent for creating Industrial infrastructures and remaining Rs. 850 crore has been allocated for social-Welfare schemes.

Notes:
The Ministry of Home Affairs has reconstituted a committee to look into the welfare of freedom fighters.
Minister of state for home affairs G Kishan Reddy has been named the Chairman of the committee, which also has nine eminent freedom fighters from across the country as its members. Home Ministry has another division which disburses pension to about 30,000 freedom fighters and their families.

Notes:
Union Human Resource Development minister Ramesh Pokhriyal Nishank has recently released the National Institutional Ranking Framework (NIRF) Ranking 2020.
As per the ranking, IIT Madras had topped the list of higher education institutions followed by IISc Bengaluru and IIT Delhi in the overall category. In the Management Category, IIM Ahmedabad topped the ranking. Every year, HRD Ministry ranks the institutions of India based on the pre-determined parameters.

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 Reserve Bank of India (RBI) has constituted an internal working group to review the guidelines on ownership and corporate structure of private sector banks.
The working group will be headed by PK Mohanty, an Executive Director at RBI. The group will examine the licensing guidelines of banking and regulations on ownership of private sector banks. It will also review the regulations on holding of financial subsidiaries through a non-operative financial holding company.

Notes:
The first population estimation exercise of the Indian gaur carried out in the Nilgiris Forest Division in recent years.
As per the exercise, that was conducted in February, more than an estimated 2,000 Indian gaurs are present in the entire division. However, majority of animals were in the conflict-prone areas close to human habitations. Among the 2000 gaurs, about 794 gaurs were directly sighted over a one-week period.

Notes:
International Albinism Awareness Day is observed every year by the United Nations on June 13, across the world. “Made To Shine” is the theme for this year’s observation, to highlight the achievements of persons with albinism worldwide.
Albinism is a rare, non-contagious, genetically inherited difference present at birth. Albinism results in a lack of melanin in the hair, skin and eyes, causing vulnerability to the sun and bright light.

Notes:
The investment arm of NABARD (National Bank for Agriculture and Rural Development), NABVENTURES Fund I has made its first investment in rural fintech start-up Jai Kisan.
NABVENTURES was launched in May 2019 with a proposed corpus of over ₹500 crore. The investment was made in the Mumbai-based start-up as part of a ₹30 crore funding round. Jai Kisan plans to invest the capital for hiring personnel and investing in its technology platform.

Notes:
Indian software major, Infosys signed on to ‘The Climate Pledge’, an initiative by Amazon founder Jeff Bezos and Global Optimism founder and former United Nations climate chief Christian Figueres.
The initiative seeks to fast-track the transition to a low carbon economy. Infosys also announced that it will make its business net zero carbon by 2040, ten years ahead of the deadline set out by the Paris Agreement. US-based Verizon and British firm Reckitt Benckiser also signed on the climate pledge.

Notes:
Pradhan Mantri Bhartiya Jan Aaushadhi Pariyojana (PMBJP) is an initiative by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilisers.
The scheme seeks to make high-quality medicines available to all at affordable prices, through exclusive outlets of Jan Aushadhi Kendras. Recently, Jan Aushadhi Suvidha Sanitary Napkin is being made available in more than 6300 PMBJP Kendras at a minimum price of Rs.1 per pad.