Current Affairs Quiz - June, 2020

Notes:
Ministry of Tourism is organising a week-long celebration of International day of Yoga from 15th June, 2020.
It has also launched social media activities focussed on Yoga under the central theme “Yoga @ home & Yoga with family”. The Tourism Ministry will also conduct a special session titled ‘Bharat: A Cultural Treasure’ under Dekho Apna Desh Webinar. Tourism Minister Prahlad Singh Patel will attend the session along with celebrity participants.

Notes:
The US Chamber of Commerce has recently announced that ‘India Ideas Summit 2020’ is scheduled to be held virtually on July 21-22.
The summit is organised by US India Business Council (USIBC). This year is the 45th annual meeting and will focus on geopolitics in the post-COVID world, technology trends and the future of healthcare, among others. Last year, the Summit was organised in Washington. It brings together scholars, diplomats and think tanks for high-level dialogue on key issues related to India.

Notes:
Atal Innovation Mission (AIM) has partnered with Coal India Limited (CIL) to boost its Innovation & Entrepreneurship initiatives.
During a virtual e-summit held between AIM and CLI, a Statement of Intent (SoI) of strategic partnership between them was signed and exchanged. Under the collaboration, several programs will be conducted by them to promote innovation ecosystem through the initiatives of Atal Innovation Mission (AIM).

Notes:
The Chairman and Managing Director of Reliance Industries, Mukesh Ambani is the world’s ninth richest billionaire on the Forbes Real-time Billionaires List.
With a net worth of $64.6 billion, he is ahead of Google co-founders Larry Page and Sergey Brin. The market capitalisation of Reliance Industries (RIL) crossed the Rs 11-trillion mark recently. The company also announced itself net debt free while it had net debt of Rs 1.61 trillion in March 2020. In the same month, Ambani was ranked 21st on Forbes’ annual billionaire list.

Notes:
Under the recently signed agreement, France committed to provide 200 million euros to India, to support the country’s response to tackle COVID-19.
The programme design has been developed by the World Bank in collaboration with the Indian authorities. It seeks to fast track the existing social protection measures of the Indian Government including the Pradhan Mantri Garib Kalyan Yojana. The programme will provide assistance to low-income families and protect essential frontline workers.

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.

Notes:
Major technology company Microsoft has recently announced to shut its video game streaming service Mixer.
Microsoft partnered with Facebook to enable the users of Mixer to transit to Facebook Gaming. If the user is voluntary to switch over to Gaming service of Facebook, it has been made easy. Earlier, Apple rejected Facebook Gaming app on the iOS App Store. However, Microsoft is working on their new project ‘xCloud’.

Notes:
Serbia is the first country in Europe to successfully conduct its national election in Europe during the coronavirus epidemic.
The voting, which had been initially planned for April, was postponed because of the pandemic. However, the turnout appeared lower compared to previous elections due to the fear of coronavirus. The ruling governing conservative party led by President Aleksandar Vucic is set to obtain a landslide victory.

Notes:
The National Statistical Office (NSO) has recently announced that India has retained its position as the third-largest economy after China and the US in terms of purchasing power parity (PPP) for 2017.
The government quoted the World Bank data and said that India accounted for 6.7 per cent (USD 8,051 billion out of the total of USD 119,547 billion) of global GDP in terms of PPP. India is also third-largest economy in terms of its PPP-based share in global actual individual consumption and global gross capital formation.

Notes:
Moody’s Investor Service has released the June update of its flagship Global Macro Outlook report. It has estimated that India’s GDP growth would be -3.1% this year.
It had earlier estimated the growth to be 0.2% in April. The report also projected that India’s GDP would grow at 6.9% in the fiscal year 2021-22, as compared to 6.2% estimated in the April update. It has lowered its estimates for all major economies.