Current Affairs Quiz - June, 2021

Notes:
Offshore patrol vessel ICG Sajag has been commissioned into the Indian Coast Guard, by the National Security Advisor to India (NSA) Ajit Doval. The ship was commissioned by NSA virtually.
This vessel is constructed by the Goa Shipyard Limited exclusively for the Coast Guard. At present, the Indian Coast Guard has 160 ships and 62 aircraft in its fleet.

Notes:
The Organisation for Economic Co-operation and Development (OECD) cut its growth projection for India for FY22 to 9.9 per cent from 12.6 per cent estimated in March.
OECD also estimated the Global GDP growth at 5.8 per cent this year, compared with 4.2 per cent projected in December. It also changed its projections to 4.4 per cent in 2022, compared to 3.7 per cent, estimated in December.

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:
Oil sector PSUs in India namely Indian Oil, HPCL, BPCL, GAIL and IGL have come together into a Cooperation Agreement for promotion and development of SATAT Scheme.
SATAT stands for Sustainable Alternative Towards Affordable Transportation, which was launched on 01.10.2018 to set up Compressed Biogas production plants and make CBG available in the market.

Notes:
The US administration headed by President Joe Biden has proposed to suspend the oil and gas leases at Alaska’s Arctic National Wildlife Refuge. This decision has been welcomed by environmentalists and Arctic tribals.
This move is reversal of the lease brought about by earlier US administration by President Trump.

Notes:
The Government has constituted an expert group to provide technical inputs and recommendations on fixation of minimum wages in the country.
The Group would be chaired by Professor Ajit Mishra, director of the Institute of Economic Growth. As per the Labour and Employment Ministry, the group, which is set up for three years, would also recommend on the national floor wage.

Notes:
The Scientists at Central Forensic Science Laboratory (CFSL), Hyderabad have developed an indigenous Chip-off technique.
The main objective of the technique is to retrieve encrypted data from locked and severely damaged smart cell phones. This would benefit investigative agencies to produce credible evidences against criminals.

Notes:
The Reserve Bank of India (RBI) announced to create a Special liquidity window of Rs 15,000 crore with a tenor of 3 years at the repo rate to provide liquidity support to the contact-intensive sectors hit by Covid-19.
This encourages banks to provide fresh lending support to hotels, restaurants, tourism, aviation ancillary services, and other services including private bus operators, car repair and rental service providers, event/conference organizers, spa clinics, and beauty parlours/saloons. RBI will extend a special liquidity facility of ₹16,000 crore to SIDBI for on-lending/refinancing.

Notes:
The Consumer Confidence Survey is conducted by the Reserve Bank of India, which provides the respondent’s perceptions on general economic conditions.
Recently, the RBI has released the Consumer Confidence Index, which has recorded an all-time low due to the second wave of COVID 19 disease. The Current Situation Index (CSI) fell to 48.5 and the Future Expectation Index (FEI) fell to 96.4.

Notes:
The Government of India has announced that it would procure 30 crore doses of the COVID 19 vaccine “Corbevax” which is manufactured by the company Biological E. The firm is headquartered in Hyderabad.
This indigenously made vaccine is a “Recombinant Protein Sub Unit Vaccine ” (i.e.) made from the spike protein of COVID virus and is different from Covaxin or Covishield vaccines.