AspirantWorld One liners : 29th June

• The Union Finance Ministry has decided to launch Floating Rate Savings Bonds 2020 (Taxable) from July 1, giving an opportunity to invest in secured government instruments. The new scheme has been brought in place of 7.75 per cent Savings (Taxable) Bonds, 2018, which was withdrawn from the close of banking business on May 28, 2020. The interest on the seven-year bond will be paid semi-annually on January 1 and July 1 every year.

• GNS Science, a New Zealand research institute, has published two new maps covering Zealandia’s tectonic profile and shape. Zealandia is an almost entirely submerged mass of continental crust located in the southern Pacific Ocean that subsided after breaking away from Gondwanaland 83–79 million years ago. The land mass may have been completely submerged by about 23 million years ago, and most of it (93%) remains submerged beneath the Pacific Ocean.

• GNS Science, a New Zealand research institute, has published two new maps covering Zealandia’s tectonic profile and shape. Zealandia is an almost entirely submerged mass of continental crust located in the southern Pacific Ocean that subsided after breaking away from Gondwanaland 83–79 million years ago. The land mass may have been completely submerged by about 23 million years ago, and most of it (93%) remains submerged beneath the Pacific Ocean.

• Recently, a special Russia-India-China- RIC trilateral Foreign Minister’s Video Conference was organized to commemorate the 75th anniversary of the conclusion of the Second World War. RIC as a strategic grouping first took shape in the late 1990s under the leadership of Yevgeny Primakov as “a counterbalance to the Western alliance.”Primakov, a Russian politician and diplomat who was also the prime minister of Russia from 1998 to 1999, is credited with the idea for RIC. The group was founded for renewing old ties with India and fostering the newly discovered friendship with China.

• The monsoon covered the whole of India, 12 days before the normal date of July 8, the India Meteorological Department (IMD) said. This was the fastest progression of the rain-bearing system since 2013. In the recent past, such early coverage of southwest Monsoon over the entire country occurred in 2013 when it had covered extreme north-western part of India on June 16 – almost a month ahead of then normal date of July 15.

• Two-time Commonwealth Games gold-winning weightlifter K. Sanjita Chanu, who was recently exonerated of doping charges, will receive the Arjuna Award for 2018. Khumukcham Sanjita Chanu (born 1994) is an Indian weightlifter from Manipur.She is a two time Commonwealth Games Champion. Chanu won the gold medals at the 2014 Glasgow and the 2018 Gold Coast events in the women’s 48 kg and 53 kg weight category respectively.

• Statistics Day of India is being celebrated on June 29, 2020 on the birth anniversary of Prof. P C Mahalanobis. This year’s Theme is “SDG- 3 (Ensure healthy lives and promote well-being for all at all ages) and SDG- 5 (Achieve gender equality and empower all women and girls)”. He is referred to as the chief architect of Indian statistical system as well as father of statistical science in India.

• A World Meteorological Organisation (WMO) committee of experts said two new world records for the longest reported distance and the longest reported duration for a single lightning flash were set in Brazil and Argentina. A single Lightning flash stretched more than 700 kilometres across Brazil on October 31 last year has created a new world record for the longest reported distance of lightning. This was equivalent to the distance between Boston and Washington in the US, or between London and Basel in Switzerland.

• The International Day of the Tropics 2020 is being celebrated on June 29. The inaugural State of the Tropics Report was launched on 29 June 2014, as the culmination of a collaboration between twelve leading tropical research institutions. The Day aims to raise awareness to the specific challenges faced by tropical areas and the role that countries in the tropics will play in achieving the Sustainable Development Goals.

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