Current Affairs Quiz - June, 2020

Notes:
The United Nations General Assembly has recently elected Turkish diplomat Volkan Bozkir to be its president. He is the first Turkish national to head the General Assembly.
This decision has been taken ahead of the 75th General Assembly in September. Volkan Bozkir is serving as the head of the Turkish Parliament’s Foreign Affairs Committee. He had also served as Turkey’s Minister of European Affairs and Chief Negotiator. He would assume office in September 2020 and hold the post for one year.

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 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:
Ministry of Tourism is organising a week-long celebration of International day of Yoga from 15th June, 2020.
It has also launched social media activities focussed on Yoga under the central theme “Yoga @ home & Yoga with family”. The Tourism Ministry will also conduct a special session titled ‘Bharat: A Cultural Treasure’ under Dekho Apna Desh Webinar. Tourism Minister Prahlad Singh Patel will attend the session along with celebrity participants.

Notes:
The World’s first Quantum communications satellite, Micius was launched by China in the year 2016. It has pioneered in the field of quantum encryption.
The satellite was seen in news recently, as it sends particles of light to Earth to establish the world’s most secure communication link. This is considered to be a milestone in the research, as long-range secure communication can be obtained without the help of traditional communication satellites. Secure long-distance links such will be the foundation of the future global network called the quantum internet.

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:
The Brihanmumbai Municipal Corporation (BMC) of Maharashtra launched ‘Mission Zero’ rapid action plan to combat Covid-19.
Under the action plan, as many as fifty dispensary vans will cover various parts of Mumbai for 2-3 weeks to carry out a preliminary examination of patients. As per the data of the Ministry of Health and Family welfare, Maharashtra stands at the top spot with maximum number of people affected by Covid-19 in the country.

Notes:
The Parliamentary Standing Committee on Information and Technology has started working on queries on privacy of the Aarogya Setu application.
The Chairperson of the Parliamentary committee on IT is Shashi Tharoor. He said that despite challenges in organising meeting, the committee has started functioning. Data security of the application and the imposition on using the app would be focussed in the meeting.

Notes:
The National Statistical Office (NSO) has recently announced that India has retained its position as the third-largest economy after China and the US in terms of purchasing power parity (PPP) for 2017.
The government quoted the World Bank data and said that India accounted for 6.7 per cent (USD 8,051 billion out of the total of USD 119,547 billion) of global GDP in terms of PPP. India is also third-largest economy in terms of its PPP-based share in global actual individual consumption and global gross capital formation.

Notes:
Union Cabinet chaired by Prime Minister has approved a scheme for interest subvention of 2% to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY).
The subvention is applicable to eligible borrowers, for a period of 12 months. The scheme will incentivize people who will make regular repayments of loans. The estimated cost of the Scheme would be approximately Rs. 1542 crore, which would be provided by the Union Government. Loans for activities up to Rs. 50,000 are termed as Shishu loans.