Current Affairs Quiz - June, 2020

Notes:
Two Indian firms namely ZestMoney and Stellapps feature in the new list of Tech Pioneers released by the World Economic Forum (WEF).
The 100 firms selected as pioneers will be invited to participate at World Economic Forum workshops, events and high-level discussions. Zestmoney offers affordable credit as an alternate to traditional way of finance. Stellapps, is a farm-to-consumer dairy technology solutions company.

Notes:
Hima Das, the country’s first track athlete to win a global title, has been nominated for the prestigious ‘Rajiv Gandhi Khel Ratna’ by the state government of Assam.
Hima Das is a 20-year-old athlete from Dhing village in Assam and is one of the youngest nominees for the country’s highest sporting honour this year. The sprinter will compete with javelin thrower Neeraj Chopra, wrestler Vinesh Phogat, Table Tennis ace Manika Batra, women’s hockey captain Rani Rampal and cricketer Rohit Sharma.

Notes:
According to the BP Statistical Review released recently, India’s energy consumption in 2019 was third largest behind China (141.70 EJ) and US (94.65 EJ).
While World primary energy consumption rose to 583.90 Exajoules (EJ), India’s consumption increased 2.3 per cent to 34.06 EJ. The growth was lower than 5.2 per cent in 2018. It also said that India was second biggest growth driver of primary energy consumption in the world, behind China, in 2019.

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:
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:
Ministry of Housing & Urban Affairs signed a MoU with Small Industries Development Bank of India (SIDBI), to engage SIDBI as the Implementation Agency for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi).
The scheme aims to provide a working capital loan up to Rs 10000 to street vendors, who have been adversely affected by the Covid-19 lockdown. The loan is repayable in monthly instalments in 1-year tenue. On prompt payment, a subsidy of 7% per annum is also provided.

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:
As per a new study published in the journal Nature, the 68 million-year-old egg found nine years ago, might belong to Mosasaur.
The fossilised egg is the second-largest to be discovered in the world. It is also the largest soft-shelled egg to be found in Antarctica. Mosasaurs are an extinct species of large marine reptiles which lived in the dinosaur era in Antarctica.

Notes:
The think tank of the Union Government, NITI Aayog has advised Bharat Sanchar Nigam Ltd (BSNL), to use an indigenously designed, developed and manufactured (IDDM) solution for its 4G network.
Earlier, the Government also urged that both BSNL and Mahanagar Telephone Nigam (MTNL) must not use Chinese equipment for the 4G services. BSNL has floated a 4G tender and if NITI Aayog’s recommendation is accepted, it could have an adverse impact on global telecom gear manufacturers, from both China and Europe.

Notes:
World Music Day is celebrated on June 21, to promote peace and spread positivity through music. The event is also popularly called as ‘Fete de la Musique’.
This special day was a music festival, which began in France in 1982. French Minister of Culture Jack Lang proposed the idea of the celebration of Music Day in the year 1981. Every year, on this day, amateur and professional musicians are encouraged to showcase their work.