Current Affairs Quiz - June, 2020

Notes:
The Union Sports Ministry is set to establish Khelo India State Centres of Excellence (KISCE) under the flagship Khelo India Scheme.
One KISCE will be identified in each state and union territory, to create a strong sporting ecosystem in the country. In the first phase, the Ministry has identified the sports facilities in eight states out of the 15 proposals, to be converted to KISCEs. The eight centres will be given a grant and the government will extend a Viability Gap Funding, for upgradation.

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:
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:
Napoli, the Italian professional football club based in Naples, won the Italian cup after it scored 4-2 on penalties after a 0-0 draw.
Italian Cup also called as Coppa Italia was restarted after a three-month pause due to the COVID-19 pandemic. Gennaro Gattuso is the Coach of the football team, who has bagged his first major trophy of his managerial career. Napoli has won the title for the sixth time.

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:
Reliance Industries has recently become the first Indian company to be valued at $150 billion. It also became the first company to be valued at over Rs 11 lakh crore, in rupee terms.
Reliance Industries is among the most valued energy companies in the world, at present. In the last two months, the company raised about Rs 1.69 lakh crore from global investors and a rights issue. As per the company’s release, Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020 and with these investments, RIL has become net debt-free.

Notes:
The Noida Metro Rail Corporation has announced its plan to convert Sector 50 metro station into a ‘she-man’ metro station.
Once implemented, this would be the first She-Man station of North India with special facilities for employment opportunities to the transgender community. This station will be on the lines of the Pink Metro stations. Though the ‘She-Man’ station will be open for all passengers, it will cater especially to the transgender passengers.

Notes:
China has successfully launched the last satellite of its BeiDou Navigation Satellite System (BDS), onboard a Long March-3B carrier rocket.
This BDS system is claimed to be a competitor to the popular Global Positioning System (GPS) of the United States. The satellite was launched from the Xichang Satellite Launch Centre in Southwest China. It is the 55th in the family of BeiDou, which means “Big Dipper” in Chinese language.

Notes:
The United Nations observes 23 June as International Widows Day since 2011. The theme of ‘International Widows Day’ 2020 is ‘Invisible Women, Invisible Problems’.
The day highlights the necessity to provide them access to Inheritance rights, pension and social protection, decent work and equal pay. UN also urges governments to ensure the rights of widows as per international laws including the Convention on the Elimination of All Forms of Discrimination Against Women.

Notes:
As per the India Ratings and Research, India’s economy is estimated to contract by 5.3 per cent this fiscal year.
As per Ind-Ra, this is the lowest GDP growth in the Indian history and the sixth instance of economic contraction. It also revealed that though some activities have started now, tourism and hospitality sectors will not allow the economic activity to return to normalcy throughout FY21 due to the disruptions caused by Covid-19 pandemic.