Current Affairs Quiz - June, 2020

Notes:
India is ranked 43rd on the annual World Competitiveness Index compiled by the Institute for Management Development (IMD).
It has retained the same 43rd rank obtained in the previous edition. In the 2020 list that ranks 63 nations, Singapore has retained its top spot. It is followed by Denmark and Switzerland. However, the United States moved down from 3rd place to 10th place. While India improved in high-tech exports, foreign currency reserves etc, it degraded in areas like exchange rate stability, real GDP growth.

Notes:
Prime Minister of India Narendra Modi launched the auction process for 41 coal blocks for commercial mining, to open coal sector of India to private players.
The Ministry of Coal in association with FICCI launched the process of auction under the provisions of Coal Mines (Special Provisions) Act and Mines and Minerals (Development and Regulation) Act. The auction is expected to invite Rs 33,000 crore of capital investment in the country over next five to seven years.

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:
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:
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:
Former Supreme Court Judge D K Jain has been reappointed as the Ethics Officer and Ombudsman of Board of Control for Cricket in India (BCCI).
D K Jain was appointed as the first ever Ombudsman and was later appointed as the Ethics Officer in addition. His term had ended on February 29 this year, but his appointment has been renewed for one more year. Due to the Covid pandemic, the Ombudsman will be conducting hearings virtually.

Notes:
The Union Ministry of New and Renewable Energy (MNRE) has set up a Project Development Cell (PDC) to attract more investments into the sector.
It is to be headed by the Joint secretary of MNRE, Amitesh Kumar Sinha, and will help meet the country’s 175 GW target for green energy. The PDC aims to create projects that have all prior approvals for investors to adopt them. DPIIT can also nominate some officials to this body.

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:
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:
Plantation of Kharif, or summer-sown crops has raised 40% year-on-year, supported by the strong start of the monsoon season.
The increase in planting has been led by oilseeds particularly groundnut, which has been sown in a large area of Gujarat. Total oilseeds area is about eight times more than that of last year. Total area under cultivation has also increased to 13.13 million hectares, from 9.42 million hectares a year ago.