Current Affairs Quiz - June, 2020

Notes:
Lieutenant General R M Vohra, a war hero of the 1971 war, recently passed away at the age of 88, after being contracted by COVID-19.
He was a Lieutenant Colonel in command of 4th Horse, the most feared tank regiments of Indian Army. He destroyed 27 enemy tanks which stopped his tanks from crossing the Basantar river. The Lt General was later awarded a Maha Vir Chakra (MVC) and his regiment was awarded the Basantar battle honour.

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:
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:
Pradhan Mantri Bhartiya Jan Aaushadhi Pariyojana (PMBJP) is an initiative by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilisers.
The scheme seeks to make high-quality medicines available to all at affordable prices, through exclusive outlets of Jan Aushadhi Kendras. Recently, Jan Aushadhi Suvidha Sanitary Napkin is being made available in more than 6300 PMBJP Kendras at a minimum price of Rs.1 per pad.

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:
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:
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:
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:
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.