Current Affairs Quiz - June, 2020

Notes:
The chief of the United Nations Antonio Guterres has recently announced that nearly 49 million more people are likely to fall into extreme poverty this year due to the COVID-19 crisis.
He has also announced that every percentage point drop in the global GDP would result in stunted growth in hundreds of thousands of additional children. The UN has also urged the countries to act immediately to ensure global food security. More than 820 million people are hungry and 144 million children under the age of 5 are stunted.

Notes:
The Union Government has created the Micro Irrigation Fund with the corpus of Rs. 5000 crore with National Bank for Agriculture and Rural Development (NABARD).
Under the fund, NABARD will provide the amount to states on concessional rate of interest to promote micro-irrigation. Moreover, the annual allotment of Rs. 4000 crore has been made under the ‘Per Drop More Crop’ component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY- PDMC). The scheme focuses on improving water use efficiency through micro Irrigation techniques.

Notes:
Global ratings agency Fitch Ratings has estimated that India’s economy would bounce back with a steep growth rate of 9.5 per cent in the next fiscal year.
Earlier, Fitch ratings had forecasted that the GDP growth of India would contract at 5 percent in the ongoing fiscal year starting April 2020. It has also highlighted that 9.5 % growth is possible only if the country avoids further deterioration in financial sector health.

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:
Indian Railways has recently created a new benchmark as it has successfully operated first Double Stack Container Train in electric zone.
The train has been run in high rise Over Head Equipment (OHE) electrified sections, as per the Railway Minister Piyush Goyal. This is the first-of-its-kind initiative and will also promote the mission of Green India. This operation has been commenced from Palanpur and Botad stations in Gujarat.

Notes:
Vasant Raiji, India’s oldest first-class cricketer, passed away at his residence in Mumbai, at his 100th year.
Vasant Raiji was a chartered accountant by profession. He was a right-handed batsman and played nine first-class matches for Mumbai and Baroda in the 1940s. He started playing in the Mumbai team under the leadership of Vijay Merchant. He was also a veteran cricket historian.

Notes:
The Lieutenant Governor of Delhi Anil Baijal has constituted an Expert Advisory Committee to advise Delhi Disaster Management Authority (DDMA) related to COVID-19 management in Delhi.
The committee would advise on the challenges being faced in Delhi, suggest measures to develop medical infrastructure and to integrate measures of multiple agencies for effective curbing of Covid-19. The committee has Director General of ICMR and Director of AIIMS are among the members of the committee.

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:
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:
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.