Current Affairs Quiz - June, 2020

Notes:
India’s first infectious disease diagnostic lab has been developed with the support of Department of Bio-Technology.
The lab has been developed as a part of the Aatmanirbhar Bharat scheme, in a record time of eight days from the receipt of the Automotive Chassis, from Bharat Benz, a brand of Daimler India Commercial Vehicles. It has Elisa test, rRT-PCR test and Bio chemistry analysers.

Notes:
Chinese internet company ByteDance has recently announced that it is set to discontinue two of its applications Vigo Video and Vigo Lite.
The applications that allow users to create and share short videos, will be discontinued in India at the end of October 2020. ByteDance also said the users can opt to transfer their videos to TikTok, download or delete all their Vigo data from the app.

Notes:
‘International Day of Family Remittances (IDFR)’ is celebrated on June 16, every year across the world.
The United Nations General Assembly declared IDFR to be celebrated on June 16. The day also recognizes the contribution of over 200 million migrants to improve the lives of their 800 million family members. The impact of the remittances on households, communities and countries is also focussed.

Notes:
The high-powered panel constituted by SEBI, has released its report to improve inquiry and enforcement processes of the market regulator.
The panel has been chaired by a retired judge of the Supreme Court- Justice Anil R Dave, has released its comprehensive report to SEBI. The report focusses on reducing timeline for passing final orders, improving recovery processes, quantifying alleged gains while levying penalties and interplay between SEBI norms and provisions of the Insolvency and Bankruptcy Code (IBC).

Notes:
According to the BP Statistical Review released recently, India’s energy consumption in 2019 was third largest behind China (141.70 EJ) and US (94.65 EJ).
While World primary energy consumption rose to 583.90 Exajoules (EJ), India’s consumption increased 2.3 per cent to 34.06 EJ. The growth was lower than 5.2 per cent in 2018. It also said that India was second biggest growth driver of primary energy consumption in the world, behind China, in 2019.

Notes:
Ministry of Housing & Urban Affairs signed a MoU with Small Industries Development Bank of India (SIDBI), to engage SIDBI as the Implementation Agency for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi).
The scheme aims to provide a working capital loan up to Rs 10000 to street vendors, who have been adversely affected by the Covid-19 lockdown. The loan is repayable in monthly instalments in 1-year tenue. On prompt payment, a subsidy of 7% per annum is also provided.

Notes:
Indian Grandmaster P. Harikrishna is the first Indian to participate in the in the million-dollar Magnus Carlsen Chess Tour that continues with the $150,000 Chessable Masters.
The Chessable Masters is a 12-player tournament which is to be played by the top six players of the world, on the classical ranking list, including Norway’s Magnus Carlsen, China’s Ling Diren and USA’s Fabiano Caruana. The field has been divided into two groups of six players each.

Notes:
Veteran economist and retired IAS officer BPR Vithal Baru passed away recently, at the age of 93, due to age-related ailments.
Vithal Baru had served in several important assignments including Secretary Finance and Planning in the state of Andhra Pradesh from 1972 to 1982 and Member of 10th Finance Commission. He had also been the Chairman of Expenditure Commission, Kerala. He also established the Centre for Economic and Social Studies (CESS), Hyderabad.

Notes:
Union Minister of Women and Child Development Smriti Irani launched a special campaign titled ‘Empowering the Greater 50%’.
This campaign is an initiative of Federation of Indian Chambers of Commerce and Industry (FICCI) and its division FICCI Ladies Organization (FLO). It seeks to create an ecosystem to support women entrepreneurship and empower as many as 1 lakh women in India over the next three years.

Notes:
Mount Merapi is the most volatile volcano located in the country of Indonesia. It was seen in news, as the mountain spewed ash and hot gas to about 6 kilometers into the sky.
The mountain has a height of 2,968-meter and it is one of the most active of 500 Indonesian volcanoes. It has been generating dark hot clouds since last year. The last major eruption of the mountain happened in 2010, which killed 353 people.