Current Affairs Quiz - June, 2020

Notes:
TRIFED (Tribal Cooperative Marketing Development Federation of India) recently organised a webinar titled “Van Dhan: Tribal Start-ups Bloom in India”.
As per the Managing Director of TRIFED, the target of TRIFED is to expand the current coverage of 8,000 SHGs to 50,000 Van Dhan SHGs. The number of tribal gatherers is also to be made three times to 10 lakhs, through the Covid19 relief plan of the Tribal Affairs Ministry. TRIFED website was commissioned for a trial run.

Notes:
Two Indian firms namely ZestMoney and Stellapps feature in the new list of Tech Pioneers released by the World Economic Forum (WEF).
The 100 firms selected as pioneers will be invited to participate at World Economic Forum workshops, events and high-level discussions. Zestmoney offers affordable credit as an alternate to traditional way of finance. Stellapps, is a farm-to-consumer dairy technology solutions company.

Notes:
The team of Department of Zoology, Jawaharlal Nehru College, Pasighat discovered a new fish species in the state of Arunachal Pradesh.
Named as ‘Schizothorax sikusirumensis’, the fish belongs to the genus Schizothorax. The name of the fish species represents the name of the rivers where it was found, the junction of River Siku and Sirum of East Siang District.

Notes:
In a violent conflict that took place in the Galwan Valley located in the Union Territory of Ladakh, as many as 20 Indian soldiers were killed.
As per the statement of the Indian Army, the two sides disengaged from the area where the fight happened. The US media reported that its intelligent officials quoted about 35 Chinese troops have been killed. The infrastructure projects that India has undertaken recently, a strategic road through the Galwan Valley, connecting the region to an airstrip, has escalated the conflict.

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:
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:
Sustainable Gastronomy Day is celebrated every year across the world on June 18, by the United Nations and its member countries.
Sustainable Gastronomy means cuisine that considers the place where food is grown, how it is grown and how it gets into markets. UNESCO, FAO and the UN General Assembly work to facilitate the observance of Sustainable Gastronomy Day, in collaboration with Member States and other international bodies.

Notes:
The manufacturing know-how of a PPE Suit being named ‘NavRakshak’ has been licensed by National Research Development Corporation (NRDC) to 5 five MSMEs.
The manufacturers are expected to mass produce more than 10 million PPEs per year, to meet the demand of quality PPE kits across the country. This know-how has been developed at the Mumbai-based Innovation Cell of the Institute of Naval Medicine. Intellectual property rights are also to be obtained.

Notes:
The Union Ministry of Corporate affairs (MCA) has proposed to decriminalise some compoundable offences under the Limited Liability Partnership (LLP) Act.
In the draft proposal, the Ministry has listed as many as 20 sections of the LLP Act and sought public comments and stakeholder consultations. It includes change of designated partners, maintaining books of accounts etc. Certain minor, procedural or technical violations which does not involve any harm to public interest are to be decriminalized.

Notes:
The state government of Tripura is launching an initiative named ‘Ektu Khelo, Ektu Padho’, to promote learning process of school students.
The proposed scheme is to be started from June 25, for students up to class 8. As per the state’s guidelines, assignments will be sent to students on mobile phones every morning, and feedback on their performance is to be collected in the afternoon. In the state, as many as five lakh students study in 4,733 government schools.