Current Affairs Quiz - June, 2019

Notes:
Prime Minister Narendra Modi has recently reconstituted the federal policy think-tank National Institution of Transforming India (NITI) Aayog by introducing key Cabinet ministers as members as ex-officio members. Defence minister Rajnath Singh, Home minister Amit Shah, Finance minister Nirmala Sitharaman and Agriculture minister Narendra Singh Tomar are now ex-officio members of the think tank that is headed by Mr. Modi. Rajiv Kumar will continue to be the vice-chairperson, along with full time members—Ramesh Chand, VK Saraswat and VK Paul.On 15th June 2019, Prime Minister will chair the 5th meeting of NITI Aayog’s Governing Council to discuss various issues concerning water management, agriculture and security. The council includes all chief ministers, lieutenant governors of union territories, several union ministers and senior government officials. This will be the first governing council meeting under the new Modi government. NITI Aayog was constituted via a resolution of the Union Cabinet on 1st January 2015 & replaced the erstwhile planning commission.

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:
The Thai parliament has recently elected ex military government chief Prayuth Chan-ocha as its new Prime Minister. He beat the popular billionaire leader of the anti-junta Future Forward Party, Thanathorn Juangroongruangkit, with 500 votes to 244 after a 12-hour session that included 10 hours of fierce debate in Parliament on June 5. Prayuth will now head a coalition government led by the pro-military Palang Pracharat Party. Prayuth’s appointment becomes official when it is endorsed by King Maha Vajiralongkorn. Thailand is a constitutional monarchy and has not had a royal run for frontline office since 1932.

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 first-ever World Food Safety Day (WFSD) has officially celebrated on 7th June 2019 to strengthen efforts to ensure that the food we eat is safe. The theme of this year’s inaugural WFSD ‘Food Safety, everyone’s business’ invites us to recognize that food safety is everyone’s business. The day gives us an opportunity to share the outcomes of the two food safety conferences, discuss ways in which food safety can incentivize healthy diets, and discuss how the United Nations in New York can further support the efforts to improve food safety. The day was adopted by the United Nations General Assembly (UNGA) in December 2018. The UN has designated two of its agencies – the Food and Agriculture Organization (FAO) and the World Health Organization (WHO) – to lead efforts in promoting food safety around the world.

Notes:
The 16-year-old Swedish teen climate activist Greta Thunberg and her “Fridays for Future” global movement has won a prestigious Amnesty International’s Ambassador of Conscience Award for 2019. She has been recognized for mobilizing world public opinion on the looming peril of global warming. The Fridays for Future movement was started in August 2018 by Greta Thunberg, who decided to miss school every Friday and protest outside the Swedish parliament until it took more serious action to tackle climate change. Her efforts to raise awareness of the climate crisis quickly went global. Her strike inspired millions of students to skip school to join protests demanding faster action on climate change. The movement has now spread beyond Sweden to other European nations.

Notes:
The ruling National People’s Party (NPP), which is in an alliance with the BJP in Meghalaya, has been granted recognition as a national party by the Election Commission of India (ECI). As per the party’s request, the symbol ‘book’ has been allotted to it. With this, the NPP has become the first party from the North East (NE) to get the national party status. It is a recognized party in four states of the region viz. Meghalaya, Manipur, Arunachal Pradesh and Nagaland. According to the Election Symbols (Reservation and Allotment) Order of 1968, a political party can be recognised as a national party if its candidates secure at least 6% of votes polled in four or more states in Lok Sabha or assembly elections. In addition, it has at least 4 members in the Lok Sabha. It also has to have at least 2% of the total Lok Sabha seats and its candidates come from not less than 3 states. Third, it is recognised as a state party in at least four states.

Notes:
India has partnered with Portugal to set up a national maritime heritage museum at the ancient Indian site of Lothal in Gujarat. It is likely to come up on the lines of a similar museum at Lisbon, which is administered by the Portuguese Navy. The Government of India (GoI) has allocated a grant for building the maritime museum and the foundation stone for the project was laid by Prime Minister Narendra Modi in March 2019. The project is being implemented by the Ministry of Shipping through its Sagarmala programme, with the involvement of the Archaeological Survey of India (ASI), the State government and other stakeholders.

Notes:
After linking its short-term loans and large savings deposits rates to the repo rate, the State Bank of India (SBI) has decided to introduce a repo rate-linked home loan product from July 1. The home loans under this product will be priced at 2.65% over the repo rate of 5.75%. So, the home loan interest rate will work out to 8.40%. Currently, SBI offers home loans, which are linked to its marginal cost of funds, at 8.55%. The lender has also reduced the interest rate on cash credit /overdraft customers (limits above Rs1 lakh) after RBI cut its repo rate from 6% to 5.75%. Now the effective Repo-Linked Lending Rate (RLLR) for CC/OD customers is 8%. Repo rate is the key interest rate at which commercial banks borrow short-term funds from the Reserve Bank of India (RBI).