Current Affairs Quiz - June, 2019

Notes:
India has opened its first specialised hydrotherapy treatment center (water clinic) for elephants suffering from arthritis, joint pain and foot ailments on the banks of the Yamuna in Mathura. It is opened near the Wildlife SOS’ Elephant Conservation and Care Centre (ECCC), which currently houses 20 rescued elephants. The new hydrotherapy jumbo pool is 11-foot-deep and has 21 high pressure jet sprays that create water pressure that massage the elephants’ feet and body and help in increasing blood circulation. The center is a joint collaboration of Uttar Pradesh Forest Department and the NGO Wildlife SOS.

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In a bid to boost India’s relations with its neighbours, the Union Ministry of Information & Broadcasting (I&B) has signed agreements with Bangladesh and South Korea to make DD India available to viewers in the two countries respectively. Under this agreement, Bangaldesh’s BTV World and South Korea’s KBS World will also be made available on DD Free Dish, which has nearly 35 million subscribers across the country. The move is in line with India’s strategy to strengthen its relationships with neighbouring countries and other Asian nations and will help promote robust cultural exchange.

Notes:
The National Freight Index (NFI) has been launched by a technology-enabled logistics company Rivigo, which owns a fleet of over 3,000 trucks. The index aims to bring transparency and boost efficiency in the market. The NFI is the barometer of the road freight market in India and is based on Rivigo rate exchange, which gives a live spot rate on over 7 million lane and vehicle type combinations in the country. The move is aimed at bringing transparency to the road freight market place and transforming the logistics sector. The NFI offers an aggregated picture of both live rates and historical trends of spot price movements in the road freight industry. The index is represented in two main forms: in terms of actual freight rates condensed to Rupees per tonne-km and in terms of relative movement with respect to a base month.

Notes:
In Gymnastics, India’s Pranati Nayak from West Bengal clinched a bronze in vault event at the 8th Senior Asian Artistic Championships in Ulaanbaatar, Mongolia on June 22, 2019. In the final, she scored a total of 13.384 points to claim the bronze medal. China’s Yu Linmin and Japan’s Ayaka Sakaguchi won the gold and silver medal at the event.

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The researchers at the University of St Andrews in Scotland have found that gray seals can copy the sounds of human words and songs including “Twinkle, Twinkle, Little Star”. The study showed that 3 trained seals were able to imitate parts of popular tunes. The study gave the researchers a better understanding of the evolution of vocal learning and human language development. It also suggested that gray seals could be a new model to study speech disorders since they use their vocal tracts the same way as humans. The grey seal is found on both shores of the North Atlantic Ocean. It is a large seal of the family Phocidae which are commonly referred to as “true seals” or “earless seals”. It is the only species classified in the genus Halichoerus.

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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:
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:
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.

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The International Day Against Drug Abuse and Illicit Trafficking is observed every year on 26th June to raise awareness about the major problem that illicit drugs represent to society. The 2019 theme – Health for Justice, Justice for Health – highlights that justice and health are two sides of the same coin when it comes to addressing drug problems.