Current Affairs Quiz - June, 2021

Notes:
Researchers at the Indian Institute of Technology, Guwahati have found a better water management policy in India using ‘Virtual Water’ analysis.
‘Virtual Water’ (VW) is the water involved in the production and trade of food and non-food commodities and services. It may be described as the invisible water that is consumed throughout the lifecycle of the product or service. Virtual water flows assessment aims to induce sustainable use.

Notes:
The UN Conference on Trade and Development (UNCTAD) has recently released the World Investment Report 2021. The report noted that global FDI has fallen by 35% due to COVID pandemic.
UNCTAD has stated that India is the fifth largest recipient of Foreign Direct Investment (FDI) inflows in the world for 2020 and its value stood at USD 64 billion.

Notes:
Union Government has released the draft of the proposed amendments to the Consumer Protection (E-commerce) Rules, 2020.
According to the proposed rules, the e-commerce platforms will need to appoint a Chief Compliance Officer, a Nodal Officer and a Resident Grievance Officer. Every e-commerce entity should be registered with the Department for Promotion of Industry and Internal Trade (DPIIT).

Notes:
The Assam government has signed a Memorandum of Understanding (MoU) with the Survey of India for implementing the Svamitva scheme in the state.
The scheme was launched in 2020 to provide an integrated property validation solution for rural areas. The Union Ministry of Panchayati Raj, and Assam Government’s Department of Revenue and Disaster Management will implement the scheme.

Notes:
Odisha has recently witnessed the first natural nesting of gharials. With this, it has become the only state to have all the three species of the reptile: freshwater gharials, muggers, and saltwater crocodiles.
Gharials were first introduced in 1975 in Odisha. They are considered as the most critically endangered and genetically weak species, compared to saltwater crocodiles and muggers.

Notes:
The Cochin International Airport Ltd (CIAL) won the Airport Council International’s (ACI) Director General’s Roll of Excellence honour for Airport Service Quality.
Those airports which have consistently delivered excellent services in the Airport Service Quality Survey, in the opinion of the passengers, are provided with the Roll of Excellence recognition by ACI.

Notes:
Gujarat Chief Minister Vijay Rupani announced the ‘Gujarat Electric Vehicle Policy 2021’, which aims to provide subsidies of up to Rs 1,50,000 on EVs.
The policy is expected to benefit nearly 2 lakh buyers over the next four years. It provides a subsidy of up to Rs 20,000 on electric two-wheelers, Rs 50,000 on electric three-wheelers and Rs 1.50 lakh on electric four-wheelers. The subsidy will be credited to the buyer’s bank account through DBT.

Notes:
The Indian Air Force (IAF) and Indian Navy participated in a passage exercise with the carrier strike group (CSG) of the US Navy. This exercise was carried out south of Thiruvananthapuram on the western seaboard.
On Indian front, Sukhoi aircraft, Jaguars, IAF refuelling aircraft and warships and maritime patrol aircrafts participated.

Notes:
The Union Cabinet headed by Prime Minister Narendra Modi has approved the merger of Government owned Central Railside Warehouse Company Ltd (CRWC), with its holding company Central Warehousing Corporation (CWC).
This decision has been made in line with the ‘Minimum Government, Maximum Governance’ policy of the Government, as spelt out in Budget 2021-22.

Notes:
The Union Cabinet approved an agreement between India and Saint Vincent and the Grenadines for the exchange of tax information and assistance in the collection.
The agreement between India and St Vincent and the Grenadines, will help in facilitate sharing of information held by the banks and other financial institutions including the information regarding the legal and beneficial ownership.