Current Affairs Quiz - June, 2021

Notes:
Tiananmen Square is located in central Beijing, China. In May 1989 more than a million young Chinese crowded in the square for a protest in favour of greater democracy.
As a repressive measure, Chinese troops and security police stormed through Tiananmen Square and fired extensively on the protesters. At least 300 were killed and more than a 1000 arrested. This incident is known as the Tiananmen Square Massacre. Recently, Hong Kong organisers lost appeal to hold Tiananmen vigil.

Notes:
The Prime Minister Narendra Modi has announced that, children who have lost both parents due to COVID-19 would be taken care and supported by the Government of India, under the PM CARES for Children scheme.
Such children would be entitled to receive a monthly stipend once they attain 18 years of age and would receive a corpus of Rs.10 lakh on attainment of 23 years, out of the funds available in PM CARES.

Notes:
Race To Zero is a global campaign to mobilise support from across the world for a healthy zero carbon recovery.
Recently, World leaders convened at the Climate Breakthroughs Summit, which is a collaboration between the World Economic Forum, UN Climate Champions, the UK COP26 Presidency and partners. During the summit, several companies joined the Race to Zero campaign.

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:
Leading rating agency Moody’s Investors Service has pegged India’s GDP growth at 9.3% for the financial year 2021-22. It has further estimated India’s GDP growth at 7.9% for FY23.
The agency has stated that India’s economic activity would be affected by reimposition of lockdown measures along with investment behavioural changes, but the same would not have deep impact on the economy as that during the first wave.

Notes:
Isaac Herzog has been elected as the 11th president of Israel, by way of a secret ballot. He is a labour leader and son of a former President.
Isaac Herzog won a majority vote of 87 out of the 120-member house there by defeating his opponent Miriam Peretz by a large margin.

Notes:
The rate of global unemployment in the year 2022 is estimated to be 5.7% by the International Labour Organisation (ILO).
ILO has estimated that nearly 205 million unemployed people would exist around the world, which is higher than the 2019 level of 187 million. Further the ILO has stated that 108 million more number of workers have been categorized as poor or extremely poor.

Notes:
India has launched the Mission Innovation Clean-Tech Exchange at the Net Zero Summit hosted by Chile.
It is a global initiative, that will create a network of incubators across member countries to fast-track clean energy innovation. Mission Innovation 2.0 is the second phase of the global Mission Innovation initiative, launched during the Paris Agreement at the 2015 UN climate conference.

Notes:
Leadership Group for Industry Transition, LeadIT, is an Indian-Swedish climate change initiative. It will help the countries to take the lead in heavy industry transition as well as meet Paris Agreement goals and create new sustainable jobs,
Recently, the UN Secretary-General Antonio Guterres commended India and Sweden for their climate change initiative. He announced this during the Clean Energy Ministerial hosted by Chile.

Notes:
China recently launched into orbit a new-generation weather satellite named Fengyun-4B (FY- 4B) successfully.
The Fengyun-4B satellite was launched aboard a Long March 3B rocket into the geostationary orbit, to join the network of Fengyun satellites. The first of the Fengyun series, a low-Earth orbit satellite testing machine – FY-1A, was launched in 1988.