Current Affairs Quiz - June, 2019

Notes:
The book ‘Cricket World Cup: The Indian Challenge’ has been authored by veteran broadcaster and writer Ashis Ray. It is a book on the history of the tournament from an Indian perspective that has been formally unveiled by the chief executive of the England and Wales Cricket Board, Tom Harrison. The book reviews all tournaments from 1975 to 2015 and also previews the ongoing 2019 World Cup in England and Wales. All matches of India, since the inaugural World Cup 44 years ago, are recorded as well as every semi-final and final regardless of whether India featured in them or not.

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 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:
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:
India is planning to conduct its first-ever simulated space warfare exercise titled ‘IndSpaceEx’ in the last week of July under the aegis of the Integrated Defence Staff of the defence ministry. All military stakeholders, including those from the scientific community, will participate in it. The purpose of the exercise is to understand the possible challenges in space warfare and to counter China’s growing influence in this domain, which poses a major threat to India’s national security interest.

Notes:
India has been designated as the Guest of Honour at the 33rd Guadalajara International Book Fair (GIBF) 2019 in Mexico, which is scheduled to be organized from Nov 30 to Dec 8. The book fair will be the largest book fair in the Spanish speaking world. The dedicated India pavilion at the fair will showcase over 35 Indian authors and artists, along with 15 publishing houses. Ancient and rare manuscripts including “Mahabharata” and “Ramayana” will be put on exhibition, along with photo books, handicrafts and paintings. India’s participation at the fair will also include a film festival showing movies like “Dangal”, “Chennai Express” and “Omkara”.

Notes:
V.S. Kaumudi, a 1986 batch Andhra Pradesh cadre IPS officer, has been appointed as the new Director General (DG) of Bureau of Police Research and Development (BPR&D) by temporarily downgrading the post to the level of Additional Director General (ADG). He has been appointed BPR&D chief for a period of two years or until further orders, whichever is earlier. He succeeded 1984 batch IPS officer Sudeep Lakhtakia. Kaumudi Prior to this post, Kaumudi was ADG in the Central Reserve Police Force (CRPF).

Notes:
China has appointed veteran diplomat Sun Weidong as its new envoy to India. He is an expert in South Asian affairs and worked closely with External Affairs Minister S Jaishankar during his tenure in Beijing as the Indian ambassador from 2009 to 2013. Sun, who also served as the ambassador to Pakistan, is currently the Director General of the Policy and Planning Department of the Foreign Ministry. He will succeed Luo Zhaohui, who has been appointed as Vice Minister of Foreign Affairs.

Notes:
Amasebailu village in Kundapura Taluk of Udupi district has become Karnataka’s first solar-powered Gram Panchayat. Over 1800 houses were provided solar lamps at a total cost of Rs 2.13 crore. The project was funded by Centre and State Government in the ratio of 30:20 and the rest was paid by the Panchayat and charitable organizations. As per the agreement with Selco Light Pvt. Ltd, the solar lamps have a guarantee of 5 years and any faulty lamps will be replaced by the supplier within the guarantee period.

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.