Current Affairs Quiz - June, 2020

Notes:
Spain has recently granted professional status to women’s football. As per the Spanish federation, the top two women’s football divisions in Spain have gained professional status.
This decision is expected to promote the development of these competitions which were considered amateur football, until now. The sports council of the country also accepted the change in status for the competitions and it will also be valid for men’s and women’s futsal competitions of the country.

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:
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:
TRIFED (Tribal Cooperative Marketing Development Federation of India) recently organised a webinar titled “Van Dhan: Tribal Start-ups Bloom in India”.
As per the Managing Director of TRIFED, the target of TRIFED is to expand the current coverage of 8,000 SHGs to 50,000 Van Dhan SHGs. The number of tribal gatherers is also to be made three times to 10 lakhs, through the Covid19 relief plan of the Tribal Affairs Ministry. TRIFED website was commissioned for a trial run.

Notes:
The Asian Infrastructure Investment Bank (AIIB) has recently approved an additional $750 million loan to strengthen India’s fight against Covid-19.
This loan would be co-financed by the Asian Development Bank (ADB). The funds will be utilised for boosting the businesses in informal sector, providing social security for the deserving and strengthening the health care systems of India.

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:
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:
Manila-based Asian Development Bank recently announced that the economy of India would contract by 4% in the financial year 2020-21.
In its earlier outlook released in the month of April, it had estimated that India would grow at 4%. But it has been reduced to -4%. It also projected that the GDP of India would grow at 5.0% in the following year, as compared to 6.2% projected in April. A growth of 0.1% is expected for the whole Developing economies of Asian region.

Notes:
In the month of February, the Cabinet approved to build the Vadhavan port at Palgarh district in Maharashtra at an estimated cost of Rs. 65544 crores.
Recently, the Ministry of Environment, Forest and Climate Change has said that ports as an industry are allowed in the ecologically sensitive Dahanu taluka area, which includes the Vadhavan in Palgarh district. The port will be developed on landlord model by a special purpose vehicle (SPV) to be formed with Jawaharlal Nehru Port Trust (JNPT) as the lead partner.

Notes:
Indian Grandmaster P. Harikrishna is the first Indian to participate in the in the million-dollar Magnus Carlsen Chess Tour that continues with the $150,000 Chessable Masters.
The Chessable Masters is a 12-player tournament which is to be played by the top six players of the world, on the classical ranking list, including Norway’s Magnus Carlsen, China’s Ling Diren and USA’s Fabiano Caruana. The field has been divided into two groups of six players each.