Current Affairs Quiz - June, 2020

Notes:
The United Nations General Assembly has recently elected Turkish diplomat Volkan Bozkir to be its president. He is the first Turkish national to head the General Assembly.
This decision has been taken ahead of the 75th General Assembly in September. Volkan Bozkir is serving as the head of the Turkish Parliament’s Foreign Affairs Committee. He had also served as Turkey’s Minister of European Affairs and Chief Negotiator. He would assume office in September 2020 and hold the post for one year.

Notes:
India, which has been elected as a non-permanent member of the Security Council recently, will serve as its president for the month of August, 2021.
India, Norway, Ireland, Mexico and Kenya were elected as the non-permanent members of the 15-nation-UNSC for a two-year term beginning January 1, 2021. Tunisia will begin 2021 as the President of the Council in January. It will be followed by each of the members in turn for one month, as per the English alphabetical order of the name of member states.

Notes:
The Government of India has proposed to appoint two transaction advisors for assisting the Department of Investment and Public Asset Management (DIPAM) in preparing the Initial Public Offering (IPO) of Life Insurance Corporation of India.
In the Union Budget 2020, Finance Minister proposed that the government will sell a part of its holding in LIC through an initial public offering. This IPO is expected to be the largest ever in the country and the advisors are asked to submit their bids till July 13.

Notes:
The State Department of Archaeology Team of the Kodumanal excavation has identified 250 cairn-circles at the village in Erode district of Tamil Nadu.
The team has recently found around 10 pots and bowls, instead of the usual 3-4 pots, placed outside three-chambered burial cists. It is expected to be of the head of the community. Pots filled with grains were placed outside the chambers as it was believed that the deceased will get a new life after death. This has revealed about the burial rituals and the belief of afterlife in megalithic culture.

Notes:
The Union Ministry of New and Renewable Energy (MNRE) has set up a Project Development Cell (PDC) to attract more investments into the sector.
It is to be headed by the Joint secretary of MNRE, Amitesh Kumar Sinha, and will help meet the country’s 175 GW target for green energy. The PDC aims to create projects that have all prior approvals for investors to adopt them. DPIIT can also nominate some officials to this body.

Notes:
Prime Minister Narendra Modi has launched the Garib Kalyan Rojgar Abhiyaan, a Rs 50,000 crore dedicated programme to create job opportunities for millions of migrant workers who returned home during the lockdown imposed due to Covid-19.
It was launched from Telihar village of Bihar’s Khagaria district. The scheme is expected to run in mission mode for 125 days across 116 districts in six states namely Bihar, Uttar Pradesh, Madhya Pradesh, Rajasthan, Jharkhand and Odisha. Twelve different ministries or departments will be engaged in implementing the programme.

Notes:
The Union Ministry of Corporate affairs (MCA) has proposed to decriminalise some compoundable offences under the Limited Liability Partnership (LLP) Act.
In the draft proposal, the Ministry has listed as many as 20 sections of the LLP Act and sought public comments and stakeholder consultations. It includes change of designated partners, maintaining books of accounts etc. Certain minor, procedural or technical violations which does not involve any harm to public interest are to be decriminalized.

Notes:
China has recently provided a huge boost in trade with Bangladesh by offering them a tariff exemption for 97 per cent of their exports.
The exemption is to be made effective from July 1. Earlier, the Bangladesh Prime Minister Sheikh Hasina and Chinese President Xi Jinping had a discussion on upgrading their bilateral relations. With this exemption, as many as 8,256 products of Bangladesh will come under the 97 per cent of products that would be exempted.

Notes:
The United Nations designated June 21 as International Day of Yoga by passing a resolution on December 11, 2014, during the 69th session of the General Assembly.
The first International Day of Yoga was celebrated in the year 2015, across the world. This year, the celebration marks the 6th International Yoga Day. The United Nations theme for this year is ‘Yoga for Health – Yoga at Home’.

Notes:
Invest India was set up as a non-profit venture under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry in 2009.
It focusses on sector-specific investor targeting and develops new partnerships for investments in India. Recently, the Minister of Food Processing Industries Harsimrat Kaur Badal launched the Food Processing Edition of the Exclusive Investment Forum, designed by Invest India.