Current Affairs Quiz - June, 2019

Notes:
Justice Dhirubhai Naranbhai Patel was sworn in as new Chief Justice of the Delhi High Court. Lt Governor Anil Baijal administered the oath of office to Justice Patel at a function held at Raj Niwas. Earlier, Justice Patel was posted at the Jharkhand High Court. The Supreme Court Collegium had recommended his name for the appointment as Chief Justice of the Delhi High Court. With an approved strength of 60, the Delhi High Court has a shortage of around 24 judges.

Notes:
The Indian Embassy in Saudi Arabia organised a “Gandhi cycle rally for peace” in Riyadh on Friday to commemorate the 150th birth anniversary of Mahatma Gandhi. The cycle rally was organized in association with the Diplomatic Quarter Authority and Saudi Cycling Federation. Over 150 participants from all walks of life, cultural and ethnic identities participated in the cycle rally. The rally was flagged off by Dr. Ausaf Sayeed, Ambassador of India to the Kingdom of Saudi Arabia. It was one of the first events of its kind held at the Diplomatic Quarters in Riyadh and reflected the increasingly friendly relations between India and Saudi Arabia especially after the historic visit of Prime Minister Narendra Modi to the Kingdom in April 2016 and the state visit of Crown Prince Mohammed bin Salman to India in February 2019.

Notes:
The World Oceans Day (WOD) is observed every year on June 8 to celebrate the majesty of the world’s oceans and raise awareness about their preservation. Oceans are important for mankind because they generate an estimated 70% of the earth’s oxygen. They regulate the globe’s climate and weather. They support marine life. They provide us with food, and ingredients for many of our medicines. But our oceans and marine life are under threat: from pollution and overfishing. Hence, the day aims to address these challenges. The 2019 conservation action theme “Gender and Oceans” reflects on equalizing the representation of women and men in marine fields. It highlights the important role gender equality has to play in ensuring effective conservation of our oceans, seas and marine life. The focus of the day is to inspire a worldwide fight against plastic pollution.

Notes:
The women members of Telangana-based Deccan Development Society (DDS) sanghams (groups) have bagged the prestigious United Nations Development Programme (UNDP)’s Equator Prize for 2019. They have been selected for standing as ‘an outstanding example of a local, nature-based solution to climate change and sustainable development. The women farmers have been building their own seed banks and growing millets in the predominantly rain-fed villages of Sangareddy district. The women farmers of DDS are the first group in the Telugu states to have been selected for the prestigious award which will be presented at a ceremony in New York in September 2019. The US$10,000-prize is given annually for nature-based solutions to climate change as well as sustainable development. The award recognizes local and indigenous community initiatives.

Notes:
Former President Jimmy Carter will be bestowed with the George H. W. Bush Award for Statesmanship for his contributions to relations between the U.S. and China. A private award ceremony is scheduled June 12 at the Carter Center in Atlanta. The George H. W. Bush Foundation has said that the award goes to people who have made profound contributions to the development of constructive and mutually beneficial relations” between the U.S and the People’s Republic of China (PRC).

Notes:
The Ministry of Information and Broadcasting (I&B) has instituted the first Antarashtriya Yoga Diwas Media Samman (AYDMS) for 2019 to mark the contribution of media in spreading the message of Yoga. The AYDMS will be conferred to print and electronic media houses. The contribution of the media in popularizing Yoga would be assessed by six juries. A total of 33 awards, under three categories, will be conferred. The award will comprise a special medal, plaque and trophy and a citation. The duration of the coverage for AYDMS would be from June 10 to June 25. Yoga has been universally acknowledged by the United Nations (UN) and is now practiced globally around 200 countries on June 21 every year.

Notes:
The Union Minister of Commerce and Industry & Railways, Piyush Goyal led the Indian delegation for the 2-day G20 Ministerial meeting on Trade and Digital Economy at Tsukuba city in Japan on June 8. The G-20 Trade Ministers deliberations will form part of the G-20 Summit Leaders agenda in the formal discussions and will also be a part of the Summit Declaration. Over 50 Trade and Digital Economy Ministers get together for the first time in G20 history in Tsukuba, to discuss how G20 economies can promote trade and investment and maximize benefits from the development of the digital economy. The Trade and Digital Economy meeting is one of the 8 Ministerial meetings taking place in Japan alongside the 2019 G20 Summit. The other seven Ministerial meetings are Agriculture Ministers’, Finance Ministers and Central Bank Governors’ meeting, Labour and Employment Ministers’ meeting, Tourism Ministers meeting, Ministerial meeting on Energy Transitions and Global Environment for Sustainable Growth, Health Ministers’ meeting and Foreign Ministers’ meeting. The G20 members represent two-thirds of the world’s people and 85 percent of its economy.

Notes:
The researchers from Ohio State University in United States have created high-resolution maps of points around the globe where groundwater meets the oceans — the first such analysis of its kind that may help protect both drinking water and the seas. The study showed that nearly one-half of fresh submarine groundwater discharge flows into the ocean near the tropics. They also found that regions near active fault lines send greater volumes of groundwater into the ocean than regions that are tectonically stable. The findings may help coastal communities better protect and manage their drinking water. The research work is the first near-global and spatially distributed high-resolution map of fresh groundwater flow to the coast. It could give scientists better clues about where to monitor groundwater discharge.

Notes:
Thawar Chand Gehlot, the Union Minister for Social Justice and Empowerment, has been appointed the Leader of the House for the Rajya Sabha. He will replace senior BJP leader Arun Jaitley who opted out of the government citing health reasons. Gehlot is an experienced parliamentarian from and a Dalit face of the saffron party. He was a member of the Madhya Pradesh state assembly for several terms and has served in the Lok Sabha as well as the Rajya Sabha. Meanwhile, Union Minister for Railways and Commerce Piyush Goyal will take charge as the Deputy Leader for the Upper House of the Indian Parliament. The Rajya Sabha has been convened to meet for the Budget Session from 20 June, the day President Ram Nath Kovind will address the joint sitting of Parliament. The session will continue till 26 July. In all, there will be 27 meetings of the upper house of the Parliament.

Notes:
The Sashakt Committee, headed by PNB non-executive chairman Sunil Mehta, has recommended changes in existing Inter-Creditor Agreement (ICA) to incorporate revised voting threshold and other changes for decision making stipulated by the Reserve Bank of India (RBI). It will enable expeditious implementation of the new framework on stressed assets. Under the RBI’s new framework, it is a mandatory requirement for lenders to enter into an Inter-Creditor Agreement (ICA) during the review of the borrower account within 30 days from date of first default to any lender. The New Framework further lays down some parameters to be included in the Inter-Creditor Agreement including decision-making by lenders holding 75% (by value of total outstanding facilities) and 60% by number and protection of dissenting lenders. The Inter-Creditor Agreement is required to be executed by all lenders covered under the New Framework and asset reconstruction companies. The New Framework applies to all banks, term financial institutions, small finance banks, systemically important non-deposit taking non-banking finance companies (NBFCs) as well as deposit taking NBFCs.