Page-42 of Current Affairs - June, 2020

RBI creates Payment Infrastructure Development Fund

On June 5, 2020, the Reserve Bank of India created Payment Infrastructure Development Fund of Rs 500 crores. Highlights The apex bank has made an initial contribution of Rs 250 crores towards the funds. The rest of the fund is ..

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Nagar Van Scheme

On June 5, 2020, the Environment Minister Prakash Javadekar launched the “Nagar Van” scheme. The scheme was launched to mark the Environment Day. Key Features The scheme emphasizes on urban forestry. Under the scheme, around 200 urban forests are to ..

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Green Field Expressway Project

The Government of India recently agreed to convert the Delhi-Amristar-Katra Expressway into a green field project. The highway will connect five historic towns in the state of Punjab. They include Goindwal Sahib, Sultanpur Lodhi, Khadoor Sahib and Tarn Taran. What ..

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Digital services tax in India to be probed by US

US has decided to investigate the digital services taxes (DST) imposed by India, which is one of the trading partners of US. If found problematic, US can, in turn, consider imposing punitive tariff sanctions which can aggravate the trade friction ..

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GAVI Alliance: India pledges 15 million USD

On June 4, 2020, PM Modi participated at the Global Vaccine Summit that was led by the United Kingdom. At the summit, the prime minster announced that India will pledge 15 million USD to GAVI Alliance. Highlights The world leaders ..

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June 5: International Day for the Fight Against Illegal, Unreported and Unregulated Fishing

Every year, on June 5, the International Day for the fight against Illegal, Unreported and Unregulated fishing is observed by the United Nations Food and Agriculture Organization. Highlights The United Nations Food and Agriculture Organization celebrated the day for the ..

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Pharmacopoeia Commission for Indian Medicine & Homeopathy to be re-established

On June 3rd, it was decided in a meeting of Union Cabinet to re-establish Pharmacopoeia Commission for Indian Medicine & Homoeopathy (PCIM&H) as Subordinate Office under Ministry of AYUSH. Pharmacopoeia Commission for Indian Medicine & Homoeopathy, that came into existence ..

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Oil Spill in the Arctic region of Russia

Russia declared state of emergency after oil spilled into Ambarnaya river. The surface of the river turned crimson red. Highlights The Ambarnaya river slows into environmentally sensitive Arctic Ocean. The Thermoelectric power plant located at Norilsk has been built on ..

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Arsenicum Album: Homeopathic drug recommended by AYUSH Ministry

Ministry of AYUSH has recommended the Arsenicum album, a homeopathic drug. The drug has been recommended for preventive use of COVID-19. Highlights The drug is made by heating arsenic in distilled water. This process of heating is repeated for three ..

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Magnetic Field of Solar Corona unveiled

The researchers in the University of Hawaii Institute for Astronomy have studied the interplanetary space of the sun called solar corona. Highlights The charged particles that are radiating from the surface of the sun is called solar wind. These particles ..

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