Current Affairs Quiz - June, 2020

Notes:
Scientists in UK have claimed that the generic steroid drug dexamethasone has reduced deaths by up to one third in severely ill hospitalised patients, affected by COVID-19.
This result is a part of one of the world’s largest randomised trial of drugs to treat COVID-19 patients, that also showed hydroxychloroquine was not working against the coronavirus. The drug is shown to cut the risk of death by a third for patients on ventilators and a fifth for those on oxygen. However, World Health Organisation said that the drug is reserved for severely ill and critical patients.

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:
In the month of February, the Cabinet approved to build the Vadhavan port at Palgarh district in Maharashtra at an estimated cost of Rs. 65544 crores.
Recently, the Ministry of Environment, Forest and Climate Change has said that ports as an industry are allowed in the ecologically sensitive Dahanu taluka area, which includes the Vadhavan in Palgarh district. The port will be developed on landlord model by a special purpose vehicle (SPV) to be formed with Jawaharlal Nehru Port Trust (JNPT) as the lead partner.

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:
The Government of India has proposed to appoint two transaction advisors for assisting the Department of Investment and Public Asset Management (DIPAM) in preparing the Initial Public Offering (IPO) of Life Insurance Corporation of India.
In the Union Budget 2020, Finance Minister proposed that the government will sell a part of its holding in LIC through an initial public offering. This IPO is expected to be the largest ever in the country and the advisors are asked to submit their bids till July 13.

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:
China has recently provided a huge boost in trade with Bangladesh by offering them a tariff exemption for 97 per cent of their exports.
The exemption is to be made effective from July 1. Earlier, the Bangladesh Prime Minister Sheikh Hasina and Chinese President Xi Jinping had a discussion on upgrading their bilateral relations. With this exemption, as many as 8,256 products of Bangladesh will come under the 97 per cent of products that would be exempted.

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.

Notes:
The International Hydrographic Organization (IHO) and its international members celebrate World Hydrography Day every year on June 21.
The day highlights the importance of hydrography and its relevance in the modern world. This year, the theme of the World Hydrography Day is “Hydrography enabling autonomous technologies”. The autonomous technologies include aerial, surface and underwater survey drones as well as autonomous ships.

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.