Current Affairs Quiz - June, 2020

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:
Former Reserve Bank of India Governor Urjit Patel has been appointed as Chairman of the economic think tank, the National Institute of Public Finance and Policy (NIPFP).
Urjit Patel will be the Chairperson of NIPFP for a four-year term from June 22, 2020. He will replace Vijay Laxman Kelkar, who had been the Chairman of the think-tank since 2014. Urjit Patel served as the Deputy Governor of RBI in 2013 and Governor of RBI from 2016 to 2018.

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:
According to the data from the US Treasury Department, India has become the 12th largest holder of US government securities at the end of April.
Japan stood at the first position by holding securities worth 157.4 billion dollars. It is followed by China at 1.1 trillion dollars and the UK at 368.5 billion dollars. At the end of April, India had an exposure of 157.4 billion dollars.

Notes:
According to the latest report by the economic wing of State Bank of India (SBI), India’s per capita income (PCI) is to decrease by 5.4 per cent in 2020-21.
The main reason for this dip is due to the effect of Covid-19 pandemic. The report also revealed that this decline in PCI is higher than the nominal GDP decline of 3.8 per cent. The states that would witness the maximum hit in PCI would be Delhi, Chandigarh, and Gujarat with 15.4 per cent, 13.9 per cent and 11.6 per cent, respectively.

Notes:
A bailey bridge located nearly 50 kilo meters from the Sino-India border has recently collapsed, when a truck carrying a JCB machine was crossing.
The bridge is located in the state of Uttarakhand, which collapsed on increasing the weight over its capacity. The 40-feet-long bridge was built in the year 2009. As the bridge collapsed, about 15 border villages of Johar Valley have been cut off. It is estimated to take 15 days to construct a new bridge.

Notes:
Every year the United Nations Public Service day is observed on June 23 to honour people engaged in public service, around the world.
On 20 December 2002, the United General Assembly designated 23 June as UN Public Service Day. The United Nations also established the UN Public Service Awards (UNPSA) programme in 2003, to recognise the UN Public Service Day and to encourage youngsters to take up their career in public sector.

Notes:
The state government of Rajasthan has signed a tripartite agreement with the Power Grid Corporation of India and the Educational Consultants India for establishing of smart classrooms.
The initiative has been taken to promote online education during the COVID-19 lockdown. As many as 100 schools are selected for setting up smart class rooms. The schools situated in remote areas and the recently selected government schools to be converted into English medium schools will be given top priority.

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:
Union cabinet approved a new body under the Department of Space is named ‘IN-SPACe’, which is the acronym for Indian National Space Promotion and Authorisation Centre.
The Chairman of Indian Space Research Organisation announced that IN-SPACe will be the nodal national body to promote and regulate all space-related activities of private industries. The new entity will have its own chairman and board and will function autonomously. IN-SPACe will be established in three to six months.