Daily Current Affairs Quiz – 22 June 2020

With uncertainty prevailing over reopening of schools due to COVID-19 pandemic, the Tripura government has decided to start a scheme called ‘Ektu Khelo, Ektu Padho’ which means ‘Play little, Study little’, from June 25.

As per the scheme, the students would be getting audio and video contents on learning activities, projects along with fun and gaming activities via SMS or WhatsApp services.

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.

The scheme called Mukhyamantri Shramik Yojna will guarantee 100 days of work in a financial year for urban unskilled labourers. The new scheme would have a provision to pay an unemployment allowance if the state fails to provide 100 days of work.

Raja Parba festival celebrated in Odisha. It is a 3-days unique festival in which the onset of monsoon and the earth’s womanhood is celebrated by the state. It is believed that during this time the Mother Earth or Bhudevi undergoes menstruation. The fourth day is the day of the ‘purification bath’

After Nepal’s parliament endorsed the political map that shows the disputed areas of Lipulekh, Kalapani and Limpiyadhura as part of its territory earlier this month, some Nepalese FM radio stations close to India-Nepal border in Uttarakhand’s Pithoragarh have started giving weather bulletins of these three areas.

These FM radio stations are located in Darchula district of Nepal and can be heard in the bordering areas of Dharchula, Baluakot, Jauljibi and Kalika towns on the Indian side in Pithoragarh, according to locals.

Export-Import Bank of India (Exim Bank) on 20th June said it has extended a line of credit (LOC) of USD 20.10 million to the government of Nicaragua for reconstruction of Aldo Chavarria Hospital.

With signing of this agreement, Exim Bank, so far, has extended four LOCs to Nicaragua, on behalf of the Indian government, taking the total value to USD 87.63 million.

Projects covered under the LOCs include supply of equipment for building two substations, construction of transmission lines, building new substation, expansion of the existing substations and reconstruction of a hospital.

Post the signing of this LOC agreement, Exim Bank has now in place 261 LOCs, covering 62 countries in Africa, Asia, Latin America and the CIS, with credit commitments of around USD 25.70 billion, available for financing exports from India.

Bengaluru-based IT major Infosys Ltd has joined The Climate Pledge, an initiative co-founded by e-commerce firm Amazon and environment firm Global Optimism, to make a commitment to meet the Paris Agreement 10 years early.

The Climate Pledge calls on new signatories to be net zero carbon across their businesses by 2040, a decade ahead of the Paris Accord’s goal of 2050. Amazon plans to announce many more signatories throughout 2020.

Hyundai Motor India has announced a partnership with HDFC Bank to offer online auto retail financing solutions to the customers on its Click to Buy digital car buying platform. A customer can purchase any Hyundai vehicle, including 2020 Creta, 2020 Verna, Venue, Elite i20, Grand i10 Nios and Santro, through the Click to Buy platform.

Under the partnership, the customers will be offered customised car financing solutions from HDFC Bank on the Click to Buy online car buying platform. The customers can now get loans without physically visiting any branch of HDFC Bank.

Reliance Industries (RIL) became the first Indian company to be valued at $150 billion.

The oil-to-telecom conglomerate now stands at 57th position in the overall market capitalisation (market-cap) ranking of listed companies globally. It ranked at 104th position as on March 24, 2020, and at the 70th position at the beginning of the current calendar year 2020, Bloomberg data show.

RIL, the only Indian company, is currently featuring in the top 100 list of most valued global companies. Saudi Aramco – leads the biggest companies globally with a market-cap of $ 1,764.50 billion as on June 16, 2020.

Reliance Industries (RIL) became the first Indian company to be valued at $150 billion.

The oil-to-telecom conglomerate now stands at 57th position in the overall market capitalisation (market-cap) ranking of listed companies globally. It ranked at 104th position as on March 24, 2020, and at the 70th position at the beginning of the current calendar year 2020, Bloomberg data show.

RIL, the only Indian company, is currently featuring in the top 100 list of most valued global companies. Saudi Aramco – leads the biggest companies globally with a market-cap of $ 1,764.50 billion as on June 16, 2020.

Market-cap ranking

Rank 1: SAUDI ARAMCO ($ 1,764.50 billion)

Rank 2: APPLE INC ($ 1515.8 billion)

Rank 57th:  Reliance Industries ($150 billion)

Rank 104:  Tata Consultancy Services (TCS)

Tank 149: HDFC

Social worker and National Award winner Vidyaben Shah passed away on Friday at her residence in the national capital. She was 98.

Vidyaben was the first non-official to head the New Delhi Municipal Council in the 1970s and was also the president of the Indian Council for Child Welfare (ICCW) between 1976 to 1979 and then from 1985 to 1994.

She established the first Bal Bhavan in Rajkot in the 1940s and as a university student, she participated in the Quit India Movement. She was awarded the Padma Shri in 1992 and received the National Award for outstanding services in the field of child welfare in 1986.

Former left-arm spin legend Rajinder Goel, whose record Ranji Trophy wicket haul of 637 scalps still stands, passed away in Rohtak due to age-related illness on 21st June. He was 77.

Explanation: Global tenders will be disallowed in Government procurement tenders upto Rs 200 crores

Explanation: The TDS rates for all non-salaried payments to residents, and tax collected at source rate will be reduced by 25 percent of the specified rates for the remaining period of FY 20-21.

Explanation: Period of Vivad se Vishwas Scheme for making payment without additional amount will be extended to 31st December,2020