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:
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 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:
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:
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:
Canadian Prime Minister Justin Trudeau has recently announced that harmful single-use plastics will be banned in the country from 2021 to reduce ocean waste. He declared it a global challenge to phase out the plastic bags, straws and cutlery clogging the world’s oceans. Currently less than 10% of plastic used in Canada gets recycled. The Canadian government said that one million birds and over 100,000 sea mammals worldwide are injured or die each year when they mistake plastic for food or become entangled. Single-use items represent some 70% of the plastic waste littering the marine environment. Canada’s move follows one by the European Union (EU), which late last year announced a similar ban. Canada, France, Germany, Britain and Italy, along with the European Union, subscribed at 2018 G7 summit in Quebec to a new charter against pollution in the world’s oceans. The non-binding Ocean Plastics Charter called on participating countries and the EU to commit to making all plastics reusable, recyclable or recovered by 2030.

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).

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:
The 16th Asia Media Summit 2019 has started in Siem Reap, Cambodia on June 12. The theme of the summit this year is Media Digitisation with a focus on developing markets. Over 600 delegates from 42 countries are participating in the 3-day summit which is hosted by the Ministry of Information, Cambodia in partnership with Asia Pacific Institute for Broadcasting Development (AIBD). One of the highlights of the summit is a round table among CEOs of broadcasting networks which will discuss digitisation and its impact on media credibility. The Asia Media summit is one of the leading international broadcasting events. It gives the opportunities to Information Ministers, broadcasters, media practitioners, industry leaders, academia, researchers, experts and media policymakers throughout the globe to gather and discuss on developing media’s quality and to cope with challenges during the times of high technological revolution.