Current Affairs Quiz - June, 2019

Notes:
Indian Navy has recently launched Operation Sankalp in the Persian Gulf and the Gulf of Oman to reassure Indian flagged vessels transiting through the area. The development has come in the wake of the suspected attacks on two merchant ships in the Persian Gulf and Gulf of Oman region. Both the attacks took place at Strait of Hormuz, which is a major conduit for global oil supplies. The US has blamed Iran for the attack. The Navy has deployed stealth guided missile destroyers INS Chennai and patrol vessel INS Sunayna in the region for maritime security operations. In addition, aerial surveillance in the area is also being done by IN aircraft. The Information Fusion Centre – Indian Ocean Region of the Indian Navy is also keeping a close watch on the movement of ships in the Gulf region. Both the attacks took place at Strait of Hormuz, which is a major conduit for global oil supplies.

Notes:
On June 20, the first-ever International Theatre Festival of Bangladesh inaugurated at Bangladesh Shilpakala Academy (BSA) in Dhaka by the Bangladesh State Minister for Cultural Affairs KM Khalid. The week-long festival will feature theatre and puppet shows by eight troupes from seven countries. Rabindranath Tagore’s dance-drama ‘Mayar Khela’ was performed as the inaugural presentation of the festival on Thursday evening. The festival is being organised at the initiative of the Culture Affairs Ministry of Bangladesh. Theatre troupes from India, Bangladesh, Russia, China, France, Vietnam and Nepal are participating in the festival. The festival will also have a dance drama and a seminar on theatre. The Cultural Affairs Ministry has announced that this festival will be organized every other year.

Notes:
The Securities and Exchange Board of India (SEBI) has constituted a working group, headed by NSE Clearing Ltd., to review the current framework of margins in the futures and options segment. The group will look into the issue and submit its recommendations to the Secondary Market Advisory Committee. This assumes significance as lower cost of trading was primarily the reason why institutional investors preferred to trade in Nifty contracts on SGX at Singapore rather than on the highly liquid derivatives segment of the National Stock Exchange (NSE). Incidentally, a recent study jointly conducted by Association of National Exchanges Members of India (ANMI) and consultancy firm Ernst & Young (EY) highlighted the fact that trading in derivatives in India costs much more when compared with most of the other leading markets due to a variety of margins that are imposed on the traders.

Notes:
In Boxing, Indian team has been adjudged the best team of the tournament in the Black Forest Cup in Villingen, Schwenningen, Germany. In the tournament, the Indian junior women pugilists clinched 7 medals, including five gold. Haryana’s Neha (54kg) and Karnataka’s Anju Devi (50kg) claimed the honours of best boxer and promising player of the tournament. Ten countries including India, Ukraine, Germany, Kazakhstan, Latvia, Hungary, Lithuania, Mongolia, Greece, and Poland took part in this tournament. India’s powerful performances helped the contingent win the best team trophy.

Notes:
The South-East Asian countries will jointly bid to host the 2034 Football World Cup. For this, the meeting of ASEAN countries was held in Bangkok. Prime Minister of Thailand Prayuth Chan-ocha invited the people of ASEAN to support the football associations in their countries to host the tournament. The FIFA World Cup has held only once in the continent when Japan and South Korea were joint hosts in 2002. Qatar will bring it back to Asia in 2022. The ASEAN countries are Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam and Brunei. ASEAN region is home to more than 640 million people many of whom follow football avidly.

Notes:
On June 23, the International Olympic Committee (IOC) has formally opened its new headquarters in Lausanne, Switzerland, exactly 125 years after the Olympic Games were revived. The new headquarters costs 145 million Swiss francs ($145 million). The Olympic House has been built on the site of the former headquarters, and 95% of the old materials were reused and recycled. The signature feature is a central staircase linking together the five Olympic rings. Designed by architecture firm 3XN of Denmark, the energy-efficient building has won international awards for sustainability. Renewable energy is provided using solar panels on the roof and pumps taking water from Lake Geneva. It also brings around 500 IOC employees under one roof.

Notes:
A well-known educationist, paediatrician & the author, Dr Gaurav Nigam has been conferred ‘Innovative Research Excellence Award 2019’ at Asian Leadership Summit (ALS) in Thimphu, Bhutan. Dr. Nigam is the founder of iCare – an organization working in the area of new-age child health care; and Intelligentsia, a research-based play school. Intelligentsia is all about scientific research and delivering early education through STEM approach. He has also authored a book titled ‘Devil Inside My Mind’.

Notes:
The Congress government in Madhya Pradesh has recently approved a proposal to provide 10% reservation for the Economically Weaker Section (EWS) of the general category in jobs and education. The family should not own more than 5 acres of agricultural land or a house measuring more than 1,200 square feet in municipal corporation limits. The size limit for the house would be 1,500 square feet in municipality areas and 1,800 square feet in Nagar Panchayat areas. In rural areas, size of the house won’t matter. The state cabinet also approved a proposal to enter into a tripartite agreement with the Union government and Madhya Pradesh Metro Rail Company for metro rail projects in Bhopal and Indore.

Notes:
Under the flagship Sagarmala Programme, the Union Ministry of Shipping has recently signed a Memorandum of Agreement (MoA) with IIT Kharagpur for setting up the Centre for Inland and Coastal Maritime Technology (CICMT) at IIT Kharagpur. The first-of-its-kind Centre will focus on ship design for coastal/inland waterways, shipbuilding technology and structural design, transport systems & logistics, cryogenic cargo handling, green/renewable energy harvesting from coastal and inland waters and automation and artificial intelligence (AI) for maritime operations. It will provide technological support, research, testing and experimentation facility to agencies involved in inland water transport, shipbuilding, ports. etc. Presently, only Germany, the Netherlands, Russia and Belgium have model testing facilities for ships.

Notes:
India’s chief national badminton coach Pullela Gopichand has been bestowed an honorary doctorate by IIT Kanpur on the occasion of their 52nd convocation on June 28, 2019. He received the honour from former ISRO chairman and Chairman of the board of Governors of IIT Kanpur, Prof K Radhakrishnan. The past recipients of the honour are Former President Prof. APJ Abdul Kalam and former Prime Minister Dr. Manmohan Singh. Gopichand, as a player, won the 2001 All England Open Badminton Championship. He became the second Indian after Prakash Padukone to achieve this feat. Post retirement, the Hyderabad-based shuttler started his own badminton academy — Gopichand Badminton Academy — in 2008. Many top Indian players including the likes of Saina Nehwal, PV Sindhu, Srikanth Kidambi, Parupalli Kashyap etc. have been trained at Pullela Gopichand’s academy in Hyderabad.