Current Affairs Quiz - July, 2019

Notes:
For the 2019 kharif season, the West Bengal government has rolled out a free crop insurance scheme in collaboration with the Agriculture Insurance Company of India (AIC). The scheme called Bangla Shashya Bima (BSB) is applicable for farmers in 15 districts – Darjeeling, Kalimpong, Purba Bardhaman, Paschim Bardhaman, Purba Medinipur, Malda, Hooghly, Nadia, Murshidabad, Cooch Behar, Birbhum, Purulia, Dakshin Dinajpur, North 24 Parganas and South 24 Parganas. The crop insurance scheme would be free of cost for the farmers since the government will pay the full premium. The crops that will come under insurance are aman paddy, aus paddy, jute and maize. All farmers taking loans (granted or applied for) and even those not taking loans can avail of the insurance. The insurance will be paid in four stages – for any losses suffered during planting, during cultivation, during the period post-cutting when crops are lying in the field, and for adverse weather situations. The amount will be decided by the state government and will be calculated per hectare.

Notes:
The Odisha government has recently signed a Memorandum of Understanding (MoU) with state’s table tennis body and Table Tennis Federation of India (TTFI) to host the 21st Commonwealth Table Tennis Championship. The tournament is scheduled to be held at the Jawaharlal Indoor Stadium in Cuttack from July 17-22, 2019. The tournament has received a good entry with 14 associations, consisting India, Singapore, Malaysia, Bangladesh, Sri Lanka, England, Scotland, Wales, Jersey, Australia, Cyprus, South Africa, Nigeria, Pakistan.

Notes:
The 6th edition of Exercise Garuda-VI has started between Indian and French Air Force from 1st of July 2019 at French Air Force Base – Mont-de-Marsan. The exercise will see the most potent fighter aircraft of the two countries going head-to-head to validate the latest defence strategies and fine-tune their waging capabilities and is expected to showcase fighter jets like Rafale, Mirage 2000, Sukhoi 30 from the two sides. Participation of Indian Air Force (IAF) in the exercise will also promote professional interaction, exchange experiences and operational knowledge besides strengthening bilateral relations with the French Air Force. It will also provide a good opportunity to the air warriors to operate in an international environment.

Notes:
Dr. Jaya Arunachalam (87), founder of Working Women’s Forum (WWF), has passed away in Chennai on June 29, 2019. She is best known for her social service contributions through WWF which she initiated in 1978. Through WWF, she helped several lakhs of women from underprivileged background to organise themselves towards becoming financially independent. Dr. Arunachalam was conferred the Padma Shri by the Government of India (GoI) in 1987. She received the Jamnalal Bajaj Award in 2009 for her work towards the welfare of women and children. A graduate in Economics and Geography, she was awarded a honorary doctorate by the University of Lueneberg, Germany in 1999. She is a recipient of the International Activist Award by Glietsman Foundation in 2003, and the Godfrey Phillips National Bravery Social Lifetime Achievement Award in 2010. She has also served as vice president of Tamil Nadu Congress Committee (TNCC) and member of All India Congress Committee.

Notes:
The Unique Identification Authority of India (UIDAI) has operationalized the first Aadhaar Seva Kendra (ASK) in Delhi and Vijayawada. The new Aadhaar centres are similar to Passport Seva Kendras run by the Ministry of External Affairs (MEA). These are meant to facilitate enrolment, updation and other activities. The centre has the capacity to handle upto 1,000 Aadhaar-related requests daily. The Aadhaar enrolment and updation centre is open from 9.30 am to 6 pm on all days except Tuesdays. These centres will soon be rolled out across 53 cities of India at an estimated project cost of Rs 300-400 crore.

Notes:
The autobiography titled “Lessons Life Taught Me, Unknowingly” has been authored by Bollywood actor Anupam Kher i.e. set to hit stands on 5 August. It is a story of a small town boy who dared to dream. It is a story about hope, disappointments, success, failures and eternal optimism. The book will be an extraordinary, riveting and no-holds-barred saga in which Kher will make some behind-the-scenes revelations, and share anecdotes and rare nuggets from his life and the lessons it taught him. He has over 530 films in several languages, both in India and the West, 100 plays and numerous TV shows to his credit. He is a winner of two National awards, 8 Filmfare awards and a BAFTA nomination. He is also a recipient of the Padma Shree and Padma Bhushan awards.

Notes:
Manoj Kumar Nambiar, MD of Arohan Financial Services (AFS), has been elected as new chairman of Microfinance Institutions Network (MFIN). The MFIN is an industry association consists of 56 NBFC-MFIs (Non Banking Financial Company-Micro Finance Institutions) and 40 associates including Banks, SFBs (Small Finance Banks ) and NBFCs. It is also the Self-Regulatory Organization (SRO) for the regulated NBFC-MFI.

Notes:
The Reserve Bank of India (RBI) has constituted a 6-member committee, under the chairmanship of former secretary of MCA Tapan Ray, to strengthen the corporate governance framework of systematically important Core Investment Companies (CICs). These are Non-Banking Financial Companies (NBFCs) which have their assets predominantly as investments in shares for holding stake in group companies but not for trading. CICs also do not carry out any other financial activity. The committee report is to be submitted by October 31, 2019. The working group will examine regulatory framework, enhance onsite and offsite surveillance of these companies, suggest changes in registration criteria including the practice of multiple CIC within a group and other such assessment to strengthen the corporate governance framework. The committee report is to be submitted by October 31, 2019.

Notes:
The Indian passport has been ranked at the 86th position with a mobility score of 58 in the latest Henley Passport Index 2019. The score points out that Indian passport holder can access 58 countries around the world without a prior visa. The index includes 199 passports and 227 travel destinations — including micro-states and territories. India shares the 86th position with Mauritiana and Sao Tome and Principe. The list is topped by Japan & Singapore with a mobility score of 189. South Korea, Finland and Germany have acquired 2nd position, while Denmark, Italy, and Luxembourg are on the third rank. France has dropped to the fourth spot, now sharing the position with Spain and Sweden. The ranking is based on exclusive data from the International Air Transport Association (IATA), which maintains the world’s largest and most accurate database of travel information.

Notes:
Prime Minister Narendra Modi has recently constituted a high-powered committee of Chief Ministers (CMs) for the transformation of agriculture and raising farmers’ income. The nine-member committee, headed by Maharashtra CM Devendra Fadnavis, will suggest policy measures, attract investments and raise growth in food processing. The members of the committee are as follows: Chief Ministers of Karnataka, Haryana, Arunachal Pradesh, Gujarat, Uttar Pradesh, Madhya Pradesh, Union Agriculture, Rural Development and Panchayati Raj Minister Narendra Singh Tomar and NITI Aayog member Ramesh Chand. The terms of reference (ToR) of the committee include suggesting modalities for adoption and time bound implementation of reforms such as Agriculture Produce and Livestock, Contract Farming and Services (Promotion & Facilitation) Act, 2018’; changes in the Essential Commodity Act, 1955 to attract private investments in agricultural marketing and infrastructure. The committee has also been asked to suggest mechanism for linking of market reforms with e-NAM, GRAM and other relevant Centrally Sponsored Schemes; and ways to upgrade agri-technology to global standards and improve access of farmers to quality seed, plant propagation material and farm machinery in agriculturally advance countries.