Current Affairs Quiz - June, 2020

Notes:
India’s first listed stock exchange Bombay Stock Exchange (BSE) has featured among the world’s 10 largest exchanges in terms of cumulative market capitalisation of all companies listed on its platform.
As per the latest data from the World Federation of Exchanges, BSE stands at the tenth place in the list, with a market capitalisation of USD 1.7 trillion. The list is topped by the New York Stock Exchange (NYSE) with a valuation of USD 19.3 trillion. It is followed by Nasdaq with a market capitalisation of USD 13.8 trillion.

Notes:
Jharkhand is set to become the first state to launch an employment guarantee scheme for urban poor on the lines of the Mahatma Gandhi Employment Guarantee Act (MGNREGA).
The scheme named ‘Mukhyamantri Shramik Yojna’ will guarantee 100 days of work in a financial year for urban unskilled labourers. Under the scheme, if the person doesn’t get work within 15 days of request, unemployment allowance would be given. An urban employment guarantee council would be formed, headed by the Chief Minister and Urban development minister as the vice president.

Notes:
The PM CARES Fund Trust has allocated Rs 1000 crore for the welfare of migrant labourers, to all states and UTs.
The distribution of the fund is based on the formula of 50% weightage for the population as per 2011 census, 40% weightage for number of positive COVID-19 cases and 10% for equal distribution among all the States/UTs. This fund will be deployed for arranging accommodation, food, medical treatment and transportation of the migrants.

Notes:
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, has recently approved additional investment of USD 121.27 million for the Shwe oil and gas project in Myanmar.
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is to invest in the oil and gas project, for development of Block A-1 and A-3 blocks. OVL had acquired a stake in the Shwe Project in 2002 and has invested USD 722 million in the project till March 31, 2019.

Notes:
Minister of Petroleum and Natural Gas Dharmendra Pradhan inaugurated a Product Application & Development Centre (PADC) setup by Indian Oil, jointly with the Chief Minister of Odisha at Paradip, Odisha.
The Centre has been set up at Paradip with a capital expenditure of Rs 43 crores. It has been equipped with latest polymer testing and processing equipment. PADC, Paradip is also recognized as a research centre by the Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology.

Notes:
Liverpool, the professional football club based in Liverpool, England, has recently won the Premier League title, with seven games left to play.
The Liverpool team was confirmed as Champions after thirty years, since they held the title in 1989-90. In this season, Liverpool have an irrefutable 23-point lead over Manchester City. In the last 12 months Liverpool have won the Champions League, the UEFA Super Cup and World Club Cup.

Notes:
The Financial Action Task Force (FATF) has released its first report on “Money laundering and illegal wildlife trade”.
In the first global report, illegal wildlife trade has been described as a ‘global threat’, which also has links with other organised crimes like slavery, drug trafficking and arms trade. As per the report, the illegal trade is estimated to generate revenues of up to USD 23 billion a year. It also highlighted that legislative changes were necessary to apply the laws to illegal wildlife trade-linked offences.

Notes:
National Productivity Council (NPC) is a national level autonomous organization under the administrative control of the Department for Promotion of Industry & Internal Trade (DPIIT), Ministry of Commerce & Industry, to promote productivity culture in India.
Recently, Union Commerce Minister Piyush Goyal chaired the 49th Governing Council Meeting of National Productivity Council (NPC).

Notes:
Economist and former Indian Administrative Service officer N K Singh is the Chairperson of the 15th Finance Commission.
Recently, the Finance Commission has decided to form a group to develop a mechanism to incentivise states for carrying out the agricultural reforms, that were announced as part of the Rs 20 lakh crore stimulus package. The group consists of Finance Commission member Ramesh Chand, Agriculture Secretary Sanjay Agarwal and Agriculture, Research and Education Secretary T Mahapatra.

Notes:
The 36-year-old Indian umpire Nitin Menon recently became the youngest member of the International Cricket Council’s Elite Panel of Umpires.
He replaced England’s Nigel Llong for the upcoming 2020-21 season. Nitin Menon has officiated in three Tests, 24 ODIs and 16 T20Is. He is only the third from India to enter the prestigious group after former captain Srinivas Venkatraghavan and Sundaram Ravi. Michael Gough of England (40), had been the youngest in the current panel.