Current Affairs Quiz - June, 2019

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:
The US aircraft maker Boeing co and national airports body Airports Authority of India (AAI) have signed a technical assistance agreement for developing a comprehensive roadmap for modernisation of air traffic services in the country. The air traffic services comprise Communication, Navigation and Surveillance (CNS) and Air Traffic Management (ATM). The 10-year modernisation roadmap will be undertaken with a grant from the US Trade and Development Agency (USTDA ). The agreement is aimed at developing a roadmap for AAI to use as guidance in the modernisation of the Indian National Airspace System (NAS) based on global and local best practices to optimally utilize airspace capacity, enhance CNS/ATM. Under the agreement, Boeing will analyse current technologies and processes to identify efficiency improvements that can be implemented while maintaining a practical and safe airspace system.

Notes:
Union Defence Minister Rajnath Singh will chair the Cabinet Committee on Parliamentary Affairs and be part of the all-important panel on political affairs headed by Prime Minister Narendra Modi. Singh was also made a member of two new committees set up by the Modi government — the Cabinet Committee on Investment and Growth and the Cabinet Committee on Employment and Skill Development, to propel growth and investment. Both the committees will be chaired by Home Minister Amit Shah.

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 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:
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 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:
R V Janakiraman (79), the former Puducherry Chief Minister and senior Dravida Munnetra Kazhagam (DMK) leader, has passed away in Puducherry on 10th June 2019. He began his career as a taxi driver and later went on to become a fleet operator before foraying into politics. He was the Chief Minister between 1996 and 2000, heading the coalition government of DMK and the Tamil Maanila Congress. Mr. Janakiraman became the Chief Minister in 1996 and represented the Nellithope Assembly constituency for five consecutive times.

Notes:
Mount Sinabung, on the island of Sumatra, erupted for around 9 minutes on June 9 & send clouds of volcanic ash 7 km into the sky. The volcano has seen a spike in activity since its last major eruption in 2010. Mount Sinabung, which is 2,460m (8,071 ft) high, is among Indonesia’s most active volcanoes, but had been inactive for four centuries before its 2010 eruption. Indonesia has nearly 130 active volcanoes, more than any other country. It follows the eruption of Mount Agung on the Indonesia island of Bali last month, which caused several flights to be cancelled.

Notes:
India’s first dinosaur museum and fossil park has recently inaugurated by Gujarat Chief Minister Vijay Rupani at Raiyoli village near Balasinor town of Mahisagar district. The new museum will create a prehistoric-like era environment when dinosaurs might have roamed around freely in Raiyoli. As many as 50 sculptures of dinosaurs, including a life-size one of Rajasaurus Narmadensis that was found in Gujarat, have been erected at the museum. The museum would have 3D projection, 360 degrees virtual reality presentations, interactive kiosks, gaming consoles and other facilities. According to government officials, Raiyoli is globally known to be the third largest fossil site and the second largest dinosaur hatchery from where about 10,000 dinosaur eggs have been found.