Current Affairs Quiz - June, 2020

Notes:
The investment arm of NABARD (National Bank for Agriculture and Rural Development), NABVENTURES Fund I has made its first investment in rural fintech start-up Jai Kisan.
NABVENTURES was launched in May 2019 with a proposed corpus of over ₹500 crore. The investment was made in the Mumbai-based start-up as part of a ₹30 crore funding round. Jai Kisan plans to invest the capital for hiring personnel and investing in its technology platform.

Notes:
In a violent conflict that took place in the Galwan Valley located in the Union Territory of Ladakh, as many as 20 Indian soldiers were killed.
As per the statement of the Indian Army, the two sides disengaged from the area where the fight happened. The US media reported that its intelligent officials quoted about 35 Chinese troops have been killed. The infrastructure projects that India has undertaken recently, a strategic road through the Galwan Valley, connecting the region to an airstrip, has escalated the conflict.

Notes:
Leading social-media platform Twitter has recently launched a dedicated search prompt that will direct people looking for domestic violence-related keywords to authentic information from the Ministry of Women and Child Development and National Commission for Women.
The search prompt will be available on iOS, Android and will be in English and Hindi languages. The prompt will also direct them towards sources of help available on Twitter. This initiative is an expansion of #ThereIsHelp prompt, which was launched to provide information on critical issues.

Notes:
Achyut Kashinath Sinai Usgaonkar, former Goa Minister passed away recently, at the age of 92, due to age-related ailments.
Achyut Usgaonkar was a leader of the Maharashtrawadi Gomantak Party (MGP), the oldest regional party in Goa. He served as a cabinet Minister from 1977 to 1979. Before that, he also served as the deputy speaker of Goa during the government of Dayanand Bandodkar, the first chief minister of Goa.

Notes:
Technology major Facebook has recently acquired Swedish mapping technology company Mapillary, as per official sources.
Mapillary crowd-sources the images, collects pictures contributed from smart phones and other types of cameras. It then uses computer vision technology to stack them together into a real-time 3-D map. This technology is expected to support Facebook products under development like augmented reality glasses and virtual reality headsets.

Notes:
The World’s first Quantum communications satellite, Micius was launched by China in the year 2016. It has pioneered in the field of quantum encryption.
The satellite was seen in news recently, as it sends particles of light to Earth to establish the world’s most secure communication link. This is considered to be a milestone in the research, as long-range secure communication can be obtained without the help of traditional communication satellites. Secure long-distance links such will be the foundation of the future global network called the quantum internet.

Notes:
Mount Merapi is the most volatile volcano located in the country of Indonesia. It was seen in news, as the mountain spewed ash and hot gas to about 6 kilometers into the sky.
The mountain has a height of 2,968-meter and it is one of the most active of 500 Indonesian volcanoes. It has been generating dark hot clouds since last year. The last major eruption of the mountain happened in 2010, which killed 353 people.

Notes:
Union Minister of Human Resource Development, Ramesh Pokhriyal Nishank has recently launched an initiative named ‘YUKTI 2.0’.
YUKTI stands for ‘Young India combating COVID with Knowledge, Technology and Innovation’. Earlier, the Minister launched the YUKTI portal on April 11, 2020. The 2.0 portal will serve as an online depository for innovative ideas and help students, teachers and researchers in higher educational institutions.

Notes:
The World Karate Federation (WKF) has provisionally de-recognised the Karate Association of India with immediate effect.
The decision has been taken after an inquiry found that the association involved in infighting and violating the world body’s laws during its elections last year. As the election process was considered to be flawed by the WKF, it has de-recognised with immediate effect in accordance with the WKF rules.

Notes:
The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) is an UN agency created to support the relief and human development of Palestinian refugees. Its headquarters is located in Amman, Jordan.
Recently, India has pledged contributing 10 million US dollar to the UNWRA over the next two years. This was announced during the Extraordinary Virtual Ministerial Pledging Conference for UNRWA. This year, India has already disbursed two million dollars and will soon remit the balance three million dollars. India also provides 250 annual scholarships to Palestinian youth and officials.