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:
India’s leading shipbuilder, Kolkata-based Garden Reach Shipbuilders and Engineers (GRSE) has recently delivered the Fast Patrol Vessel named ‘ICGS Kanaklata Barua’.
It is the fifth and final ship in the series of Fast Patrol Vessels (FPV) for the Indian Coast Guard. This is also the 105th vessel delivered by the GRSE shipyard, a state-owned defence enterprise. It had earlier delivered vessels named ICGS Priyadarshini, ICGS Annie Besant and ICGS Amrit Kaur in this series to the Coast Guard.

Notes:
A Central Public Sector Enterprise Under Department of Fertilizers, National Fertilizers Limited (NFL) has tied up with Industrial Training Institutes located near to its plants to train youth in several trades.
The partnership is expected to upskill the youth and to enhance their employability in heavy industries. NFL becomes first CPSE to start this initiative in Punjab, by signing an MoU with ITI, Nangal. The students will be trained under Dual System of Training Scheme where they will learn both theoretical skills and on-the-job training in Nangal plant.

Notes:
The Union Government has recently constituted an Empowered Group of Secretaries to facilitate investment in the country.
The committee, which is to be headed by the Cabinet Secretary, will identify potential investors and help in accelerating investment in key sectors of the economy. The committee will also recommend specific incentive packages for both domestic and foreign investors. The 7-member empowered group has CEO of NITI Aayog along with secretaries of DPIIT, Commerce, Revenue and Economic Affairs as its members.

Notes:
The Union Defence Ministry has recently extended the delivery period for all existing capital acquisition contracts with Indian vendors by four months.
As per the Defence Minster, ‘force majeure shall be applicable for a period of four months i.e. 25th March 2020 to 24th July 2020’. A force majeure refers to unexpected circumstances that prevent someone from fulfilling a contract. This step has been taken because of supply chain crisis caused by COVID-19 pandemic.

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:
Chinese internet company ByteDance has recently announced that it is set to discontinue two of its applications Vigo Video and Vigo Lite.
The applications that allow users to create and share short videos, will be discontinued in India at the end of October 2020. ByteDance also said the users can opt to transfer their videos to TikTok, download or delete all their Vigo data from the app.

Notes:
Union Ministry of Earth Sciences has recently released a report titled ‘Assessment of Climate Change over the Indian Region’.
As per the first edition of the report released this year, the average surface air temperatures over India could rise by up to 4.4 degrees Celsius by the end of the century, in a worst-case scenario. This estimate is provided as compared to the period between 1976 and 2005. The report also revealed that under an intermediate scenario, the country’s average temperature could rise by up to 2.4°C.

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:
India has been recently elected as the non-permanent member of UN Security Council for 2021-22, along with Ireland, Mexico and Norway. India’s term is to begin from January 2021.
Each year the General Assembly elects five non-permanent members, out of the 10 total seats, for a two-year term. In the recent election, India won 184 votes out of 192 valid votes cast. Previously, India has been elected as a non-permanent member of the Council for seven terms.