Current Affairs Quiz - June 2022

Notes:
Prime Minister Narendra Modi released the ‘Scholarship for PMCARES Children’ under the Ministry of Social Justice and Empowerment, as a central sector scheme.
Under the Scheme, Scholarship of Rs 20,000/- per child per annum will be provided, including monthly allowance of  ₹1,000 and annual academic allowance of Rs. 8,000 to cover the entire school fees, cost of the books and uniform, shoes and other educational equipment.

Notes:
The Controller General of Accounts (CGA) released the fiscal deficit for 2021-22, which improved to 6.71 per cent of the GDP over the revised budget estimate of 6.9 per cent. The fiscal deficit in absolute terms was Rs 15,86,537 crore (provisional).
The increase was mainly on account of higher tax realisation. The tax receipts during the fiscal stood at Rs 18.2 trillion as against the revised estimates (RE) of Rs 17.65 trillion.

Notes:
India recorded its highest-ever textiles and apparel exports in the financial year 2021-22 at USD 44.4 billion.
The exports including handicrafts recorded an increase of 41 per cent over corresponding figures in FY21. USA was the top export destination for the country’s textiles and apparel shipments with 27 per cent share, followed by the European Union (18 %), Bangladesh (12 %) and UAE (6 %).

Notes:
The Global Mercy, the world’s largest civilian hospital ship, made its debut in Africa in the port of Dakar, the capital city of Senegal.
It is scheduled to stay in Senegal for four weeks to train health professionals before returning in 2023 to provide surgical care for the poor. The giant ship measures 174 meters long and 28.6 meters wide and it comprises of 12 decks.

Notes:
Elon Musk, CEO of SpaceX and Tesla, has topped the 2021 Fortune 500 list of the most highly compensated CEOs.
In 2021 Musk received compensation worth almost USD 23.5 billion while Tesla ranked 65 on this year’s Fortune 500 list. Apple Inc. CEO Tim Cook received USD 770.5 million in 2021 and Jensen Huang, the NVIDIA chief, received USD 561 million in 2021.

Notes:
The Times Higher Education (THE) released the 2022 edition of the Asia University Rankings with universities from 31 countries and territories.
India is the third most-represented country, with 71 universities making it to the list. Indian Institute of Science (IISc), Bangalore is the only institute to make the top-50 list at 42^nd rank. JSS Academy of Higher Education and Research (65^th), IIT Ropar (68) and IIT Indore (87) were in top 100 list.

Notes:
India and Israel adopted a ‘Vision statement’ for strengthening defence cooperation in future. The statement marked 30 years of diplomatic ties between the two countries.
Union Defence Minister Rajnath Singh and his Israeli counterpart held bilateral talks in New Delhi. The two leaders discussed defence cooperation and the global and regional defence scenario. Israel recently signed the instrument of ratification of the International Solar Alliance.

Notes:
Union Minister of State Dr Jitendra Singh addressed the ‘Start-up India-2022 Expo and Conclave’ as the Chief Guest.
It was organised by the PHD Chamber of Commerce in New Delhi.  After the launch of ‘StartUp India StandUp India’, the number of StartUps in India has grown to 70,000 from about 400 from 2014 to 2022.

Notes:
China successfully launched its third manned mission to its new space station, sending three astronauts to continue construction work for six months.
China’s Manned Space Agency (CMSA) announced that the Shenzhou-14 spacecraft was launched by a Long March 2F rocket. The team will live and work at the Tiangong Space Station’s Tianhe core module for six months.

Notes:
Sony has announced that it formed a new company to build and supply devices that allow small satellites in orbit to communicate with one another via laser beams.
The devices will work between satellites in space and satellites communicating with ground stations. There are around 12,000 satellites in orbit, a number that is projected to increase rapidly in the coming years