Current Affairs Quiz - June, 2020

Notes:
India’s foreign exchange reserves crossed the half-a-trillion mark for the first time in the week ended June 5.
As per the recent data from the Reserve Bank of India, the forex reserves increased by $8.22 billion the week, which made the overall reserves cross the USD 500 billion mark to reach USD 501.70 billion. A huge rise in the Foreign Current Assets (FCA) is the main reason for the rise in reserves. The reserves stood at USD 493.48 billion in the previous week.

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 team of Department of Zoology, Jawaharlal Nehru College, Pasighat discovered a new fish species in the state of Arunachal Pradesh.
Named as ‘Schizothorax sikusirumensis’, the fish belongs to the genus Schizothorax. The name of the fish species represents the name of the rivers where it was found, the junction of River Siku and Sirum of East Siang District.

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:
The Asian Paralympic Committee (APC) recently announced that Bahrain will host the fourth edition of the Asian Youth Para Games from December 1 to 10 next year.
This would be the first time that Bahrain is to host a big para-sport event, which will take place across several venues in Khalifa Sports City and Isa Sports City of the country. Around 800 athletes under the age of 20 are expected to take part in the event in nine different sports.

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.

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.

Notes:
US President Donald Trump signed an act to authorise sanctions against Chinese officials over the mass incarceration of Uighur Muslims and other minorities.
The legislation requires the US administration to determine which Chinese officials are responsible for the arbitrary detention, torture and harassment of the minorities. Then, the U.S would freeze any assets held by the officials in the country and would also ban their entry into the U.S. As per some activists, over one million Uighurs and other Turkic Muslims are being homogenised in China.

Notes:
Union Health and Family Welfare Minister, Dr. Harsh Vardhan has recently launched India’s first mobile lab for COVID-19 testing to promote last mile testing access in rural India.
The Infectious Disease Diagnostic Lab (I-LAB) has been launched with the support of the Department of Biotechnology, Ministry of Science and Technology, under the COVID command strategy. This mobile lab will be deployed in the remote and inaccessible parts of the country. It can perform 25 RT-PCR tests and 300 ELISA tests per day.

Notes:
The All India Football Federation (AIFF) has recently recommended former skipper IM Vijayan for the country’s fourth highest civilian award, the Padma Shri.
The 51-year-old legendary player served as the India striker. Since he made his debut in the early 90s, he had scored 40 goals in 79 matches for India. He was also awarded the prestigious Arjuna award in 2003. Six Indian footballers including Bhaichung Bhutia and Sunil Chhetri have earlier won the Padma Shri award.