Current Affairs Quiz - June, 2019

Notes:
In United States, Google’s India-born CEO Sundar Pichai and Nasdaq President Adena Friedman have been chosen for the prestigious Global Leadership Awards 2019 by business advocacy group USIBC in recognition of the two companies’ contribution as the leading technology-driven platforms. The award by Washington-based US-India Business Council (USIBC) would be conferred upon them during the 2019 India Ideas Summit. Given annually since 2007, the USIBC Global Leadership Awards recognise top corporate executives from the United States and India whose companies play a major role in catalysing growth in the US-India commercial corridor.

Notes:
The Indian junior women’s hockey team clinched the 2019 Cantor Fitzgerald U21 International 4-Nations title after beating Ireland 1-0 in the final at Dublin, Ireland on June 4. The win meant India ended the tournament with an unblemished record. With three goals in four games, Mumtaz Khan finished as the highest goal scorer of the tournament.

Notes:
On June 6, the 6-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 5.75% from 6.0% with immediate effect in its 2nd bi-monthly monetary policy statement for 2019-20. Repo rate is the interest rate at which the central bank provides liquidity to banks to overcome short-term liquidity mismatches. A repo rate cut allows banks to reduce interest rates for consumers on loans, and lowers equal monthly installments on home loans, car loans and personal loans. Consequently, the reverse repo rate stands adjusted to 5.50%, and the Marginal Standing Facility (MSF) rate and the Bank Rate to 6.0%. Beside this, RBI has also unanimously decided to change the stance of monetary policy from neutral to accommodative. The next meeting of the MPC is scheduled during August 5 to 7.

Notes:
India has been ranked 95th out of a total 129 countries in the first-ever SDG Gender Index, which measures strides made in achieving gender commitments against internationally set targets. The index has been developed by Equal Measures 2030, which is a partnership among global and regional organisations from the civil society and the development and private sectors. It includes The African Women’s Development and Communication Network, Bill and Melinda Gates Foundation, International Women’s Health Coalition and Plan International. The overall index scores are based on a scale of 0–100. A score of 100 indicates the achievement of gender equality in relation to the underlying indicators. A score of 50 would indicate that a country is about halfway to meeting its goal. India’s score of 56.2 means that it is among 43 countries that fall in the ‘very poor’ category. Denmark, Finland, Sweden, Norway, Netherlands, Slovenia, Germany, Canada, Ireland, and Australia rank as the top 10 countries in the index.

Notes:
Laldingliana Sailo (76), the former Doordarshan and All India Radio (AIT) news editor, has passed away in Aizawl. Sailo, a senior officer in the Indian Information Service (IIS), was inducted as Field Publicity Officer (FPO) under the Ministry of Information and Broadcasting (I&B) in the year 1972. His first posting was in Arunachal Pradesh Tawang. After the stints in AIR, Kohima and Aizawl and News Services Division in New Delhi, he was transferred to Doordarshan Kendra Aizawl with additional charge of RNU, AIR, Aizawl. He retired as Director in the Directorate of Field Publicity for Kohima Region.

Notes:
The TomTom Traffic Index 2018, carried out by location technology specialist TomTom, covered 403 cities in 56 countries and defined congestion as the extra time added to road travel when traffic doesn’t flow freely. Mumbai topped the list of cities with drivers expecting to spend an average of 65% extra travel time stuck in traffic. New Delhi ranked 4th with a congestion rank of 58%. Bogota (63%) in Colombia and Lima in Peru (58%) were ranked second and third on the list respectively, while the Russian capital Moscow (56%) ranked fifth. The study found that in 2018, the best time to drive in Mumbai was between 2 am and 5 am, when traffic flowed freely.

Notes:
American author Tayari Jones has won the 2019 Women’s Prize for Fiction for her novel “An American Marriage”. The book portraits a young African American’s wrongful conviction and how it affects his marriage. It is a story of love, loss and loyalty, the resilience of the human spirit painted on a big political canvas – that shines a light on today’s America. Jones wins £30,000 and the “Bessie” – a limited edition bronze figurine. The prize is one of the biggest international celebrations of women’s creativity.

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 Indian Air Force (IAF) has recently signed a deal worth around Rs 300 crore for buying more than 100 SPICE bombs from Israel. The IAF fighter jets used these bombs to target Jaish-e-Mohammed training camps in Pakistan’s Balakot on 26th February 2019 after the ghastly Pulwama terror attack in which over 44 CRPF jawans lost their lives after a suicide bomber rammed his explosives-laden SUV into the convoy which was passing from the area. As per the contract, the advanced SPICE bombs would be delivered to the Air Force in the next 3 months as the deal is under emergency powers. SPICE bomb has a standoff range of 60 km and approaches the target as its unique scene-matching algorithm compares the electro-optical image received in real-time via the weapon seeker with mission reference data stored in the weapon computer memory and adjusts the flight path accordingly. Israeli defence firm Rafael Advanced Defence Systems manufactures the weapon.

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).