Current Affairs Quiz - June, 2021

Notes:
The Chandra X-ray Observatory, previously known as the Advanced X-ray Astrophysics Facility, was launched by NASA, aboard the Space Shuttle Columbia.
Recently, an image from this observatory was released by NASA. It shows threads of superheated gas and magnetic fields weaving around each other, at the center of our Mily Way Galaxy. These new observations stretch above and below our galaxy’s plane, where most of the stars are found.

Notes:
Tianzhou-2, or “Heavenly Vessel” is China’s cargo spacecraft which carried supplies, equipment and propellant to the space station which is being developed by China. It has successfully docked itself to the module Tianhe, which is a part of a space station.
The spacecraft was launched from earth using the Long March-7 Y3 rocket.

Notes:
The combined net profit of all the listed companies in India has moved up by 57.6% in FY 21 to Rs.5.31 trillion.
The Corporate Profit to GDP ratio in India stood at 2.63% in FY 21 which is an all-time high in the last 10 years. Although the sales and revenue of many firms were low due to nationwide lockdown, higher profitability was achieved mainly due to decline in raw material prices and input cost.

Notes:
As per the data released by the Controller General of Accounts (CGA), India’s fiscal deficit for 2020-21 stood at 9.3% of the gross domestic product (GDP) for the financial year 2020-21. This is lower than the Finance Ministry’s Budget estimates of 9.5%.
As per the CGA data, the revenue deficit stood at 7.42% during 2020-21.

Notes:
The Gujarat government has decided to grant Centre of Excellence (CoE) status to seven private universities in the state.
The Chief Minister Vijay Rupani gave in-principle approval to grant CoE status to seven universities including Nirma University, CEPT University, Pandit Deendayal Energy University, DAIICT, Ahmedabad University, Charotar University of Science and Technology and Marwadi University.

Notes:
Defence Minister Rajnath Singh approved a proposal to notify the Second Positive Indigenisation List of 108 items.
With this, all the 108 items will be procured from indigenous sources, as per provisions given in Defence Acquisition Procedure 2020. The Second list, which comprises of complex systems and weapons, is to be implemented progressively with effect from December this year to December 2025.

Notes:
The largest warship in the Navy of Iran has recently caught fire and later sank in the Gulf of Oman, according to the media reports.
The support warship Kharg was named after the island that serves as the main oil terminal for Iran. Though the firefighters tried to contain the blaze, the vessel sank near the Iranian port of Jask, southeast of Tehran on the Gulf of Oman. It is near the Strait of Hormuz, the narrow mouth of the Persian Gulf.

Notes:
Pradhan Mantri Garib Kalyan Package (PMGKP) Insurance Scheme for Health Workers Fighting COVID-19’ was launched to provide personal accident cover of Rs. 50 lakh to all healthcare providers.
Recently, a new system for approval of claims has been introduced. The District Collector will certify that the claim is in accordance with SoP of the Scheme and on the basis of this certificate, Insurance Company will approve and settle the claims within a period of 48 hours.

Notes:
International Nitrogen Initiative (INI) is being hosted by the Germany’s Federal Environment Agency (Umweltbundesamt–UBA).
The United Nations (UN) Sustainable Development Goals (SDGs) are the main focus of the eighth triennial conference of the International Nitrogen Initiative (INI). It is being held virtually from May 31-June 3, 2021.

Notes:
President Joe Biden’s administration of the USA has formally ended the Migrant Protection Protocols (MPP), which denies asylum seekers entry into the USA.
Under the Migrant Protection Protocols (MPP), which was brought into force in 2019, individuals who arrived at the Southwest Border of the USA were returned to Mexico to await removal proceedings in US courts.