Current Affairs Quiz - June, 2019

Notes:
The fifth edition of International Yoga day (IYD-2019) is celebrated across the country and abroad on 21st June with theme ‘Yoga for Climate Action’. The aim of the IYD is to raise awareness worldwide of the many benefits of practicing yoga. Yoga is an ancient physical, mental and spiritual practice that originated in India. The word ‘yoga’ derives from Sanskrit and means to join or to unite, symbolizing the union of body and consciousness.

Notes:
On 21st June 2019, India’s ace cueist Pankaj Advani clinched the 35th men’s Asian Snooker Championship in Doha to complete a career grand slam in cue sports. In the final, he defeated Thanawat Tirapongpaiboon 6-3 to become the only one to win the Asian and World championships in all formats. He is also the only one to do so in two sports, both Billiards and Snooker. He conquered the ACBS Asian Snooker events – 6-red (short format) and 15-red (long format) – along with the IBSF World Championships in both formats too. Pankaj will now take part in IBSF World Cup next week in Doha.

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:
The Punjab government has decided to launch its flagship universal health insurance scheme -Sarbat Sehat Bima Yojana’ (SSBY) – from July 2019. The scheme will provide an annual health cover of Rs 5 lakh per family. Around 43.18 lakh families in Punjab will be covered under it. Besides all government hospitals, 364 private hospitals in Punjab had been empanelled, where the beneficiaries would get the secondary and tertiary care. The beneficiaries included the 14.86 lakh families covered under the Pradhan Mantri Jan Arogya Yojana (PMJAY) in the state. The cost of the premium for the families covered under the PMJAY would be borne by the Centre and the state government in the 60:40 ratio while for the rest of the beneficiaries, it would borne by the state government.

Notes:
Mohan Ranade (89), the veteran freedom fighter from Goa and Padmashri Mohan Ranade, has passed away in Pune on June 25, 2019. Born in 1929 at Sangli in Western Maharashtra, Ranade was inspired by freedom fighters like Vinayak Damodar Savarkar and his brother Ganesh Damodar Savarkar. He was a member of the Azad Gomantak Dal, a group of revolutionaries who believed in the doctrine of armed attacks against the Portuguese colonial rule. During Goa’s liberation movement, Ranade was active in attacking police stations at Betim, Banastarim and other outposts. He was arrested by Portuguese police in 1955 and was imprisoned at the Fort of Caxias near Lisbon in Portugal. He was kept in solitary confinement for six years. Ranade was released from prison in January 1969, after the liberation of Goa in 1961, having served 14 years. He received the Goa Puraskar in 1986 for social work. He authored books on the Goa liberation movement.

Notes:
Madan Lal Saini (75), a Member of Parliament (MP) of Rajya Sabha for Rajasthan, has passed away in Jaipur on June 24, 2019. Hailed from Sikar district, he was serving as President of Rajasthan State BJP until his death.

Notes:
On June 26, the 32nd Congress of the International Seed Testing Association (ISTA) has kick-started in Hyderabad, Telangana. The Seed Congress is being held for the first time in South Asia. Over 600 delegates including seed experts, officials, policy makers and representatives of national and international companies from nearly 70 countries like the UK, South Africa, Argentina, New Zealand, Canada, Austria are taking part in the Congress. The deliberations will be mainly focusing on various technologies for increasing quality seed production and seed export-import policies. Several pre and post-event workshops, conferences and exhibitions are also being held as part of the 8-day long Congress.

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:
In Ladakh region of Jammu and Kashmir, tourist’s promotional festival – Ladakh Singhey Khababs Sindhu Festival celebrated on the bank of Indus River at Leh. The festival presents the Indus River as a symbol of the multi-dimensional cultural identity of India that got its name from the Indus River. Folk songs and dances are performed and local handicrafts and ethnic foods are being exhibited before the tourists during the festival.

Notes:
Sharad Kumar Saraf has been appointed as the new President of the Federation of Indian Export Organisations (FIEO). He succeeded renowned exporter Ganesh Kumar Gupta. Saraf is the chairman and founder of Technocraft Industries (India) Ltd. The FIEO is a trade promotion organisation in India, which is responsible for representing and assisting Indian entrepreneurs and exporters in foreign markets.