Current Affairs Quiz - June, 2020

Notes:
Russia is to conduct a military parade in Moscow on the occasion of the 75th anniversary of their victory in the Second World War.
The Defence Minister of Russia has invited an Indian contingent to take part in the Victory Day Parade scheduled to be held on June 24, 2020 in Moscow. It was originally scheduled on the occasion of the Victory Day – May 9, but later postponed due to Covid-19. India is sending a 75-member Tri-Service contingent to participate in the parade.

Notes:
The Reserve Bank of India (RBI) took over the powers to regulate HFCs from the National Housing Bank (NHB) in August 2019.
Recently, RBI proposed to modify the rules of housing finance firms, which includes the formal definition of housing finance as “financing, for purchase/ construction/ reconstruction/ renovation/ repairs of residential dwelling unit”. RBI also proposed to classify HFCs as systemically important HFCs and non-systemically important HFCs.

Notes:
Union Health and Family Welfare Minister, Dr. Harsh Vardhan has recently launched India’s first mobile lab for COVID-19 testing to promote last mile testing access in rural India.
The Infectious Disease Diagnostic Lab (I-LAB) has been launched with the support of the Department of Biotechnology, Ministry of Science and Technology, under the COVID command strategy. This mobile lab will be deployed in the remote and inaccessible parts of the country. It can perform 25 RT-PCR tests and 300 ELISA tests per day.

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:
The UN Agency for refugees, United Nations High Commissioner for Refugees (UNHCR) has released its Annual report on displacement.
As per the report, nearly 80 million people were forcibly displaced by the end of 2019 globally. The main reason for displacement has been war, violence, persecution and other emergencies. This count is almost double the total figure of the past decade. The report also revealed that an additional 11 million people were newly displaced in 2019 alone.

Notes:
India’s first listed stock exchange Bombay Stock Exchange (BSE) has featured among the world’s 10 largest exchanges in terms of cumulative market capitalisation of all companies listed on its platform.
As per the latest data from the World Federation of Exchanges, BSE stands at the tenth place in the list, with a market capitalisation of USD 1.7 trillion. The list is topped by the New York Stock Exchange (NYSE) with a valuation of USD 19.3 trillion. It is followed by Nasdaq with a market capitalisation of USD 13.8 trillion.

Notes:
World Refugee Day is observed annually on June 20, to create awareness of the situation of refugees across the world.
The theme of this year’s observance is “Every Action Counts”. On December 4, 2000, the United Nations General Assembly (UNGA) decided that June 20 would be celebrated as World Refugee Day. The 1951 Refugee Convention and its 1967 Protocol protect the refugees, who are present throughout the world.

Notes:
BMW India, the Indian arm of the Luxury car maker BMW Group has recently named Vikram Pawah as its President.
He is to continue to serve in his present role as Chief Executive Officer of BMW Group Australia and New Zealand. The previous President and Chief Executive Officer Rudratej Singh suddenly passed away in the month of April. Pawah has been engaged with the BMW Group from the year 2017.

Notes:
The United Nations General Assembly designated June 21 as the ‘International Day of the Celebration of the Solstice’.
It considered that the celebration of solstice represents the unity of the cultural heritage across the world. Solstice is an event that occurs when the path of the sun stands still at a northern or southern limit before reversing direction. There are two solstices that occur annually namely the Summer Solstice around June 21 and Winter Solstice around December 21.

Notes:
The Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) is a regional body comprising nine countries. It is an associate member of the Financial Action Task Force (FATF).
The members of EAG include Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and Belarus. Recently, Indian officials attended the virtual 32nd special EAG plenary meeting through video-conferencing, under the aegis of the Financial Action Task Force.