Current Affairs Quiz - June, 2019

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:
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:
Maldives has conferred ‘Nishan Izzuddin’ award on Prime Minister Narendra Modi. It is the highest award to honour foreign nationals. On June 8, Mr. Modi arrived in Male on the first leg of his two-nation tour to the Maldives and Sri Lanka. This will also be the first bilateral visit to the Maldives of an Indian Prime Minister after 2011. Mr. Modi will have bilateral discussions with President Ibrahim Mohamed Solih, hold meetings with Vice President Faisal Naseem and Speaker of Majlis and former President Mohamed Nasheed during his visit. He will also address the legislative body of the island nation called the People’s Majlis. Along with President Solih, Prime Minister Modi is likely to inaugurate the Coastal Surveillance System (CSS) and the Comprehensive Training Centre for National Defence Forces of Maldives. The two projects have been developed with Indian Grants. India is likely to announce a few new projects to the Maldives including building a cricket Stadium there and renovating the Friday Mosque by Archaeological Survey of India (ASI).

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:
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 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:
Bancha in Betul district of Madhya Pradesh has become the first village in India to have zero wooden stoves and almost no use for LPG cylinders with all its 75 houses relying on solar-powered stoves to meet their cooking needs. The team of IIT Mumbai has designed a special solar stove & now no trees are being cut by the villagers for lighting their stoves. The project of installing solar power plates, batteries and stoves in all the 74 houses was started in September 2017 and got completed by December 2018. The success story of Bancha is an eye opener which shows the potential of renewable energy. Not only will it help the nation economically but will also prove to work wonders for the environment if implemented across India.

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).