Current Affairs Quiz - June, 2019

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:
Krishnaswamy Natarajan has beenappointed as the new Director General (DG) of the Indian Coast Guard (ICG). He will take over the charge after incumbent Rajendra Singh retires on 30th June 2019. An alumnus of the Defence Services Staff College, Wellington, Natarajan is now serving as Additional Director General and Coast Guard Commander (West) at Mumbai. He was instrumental in giving a fillip to the overall growth of the Coast Guard, post 26/11, in terms of assets and infrastructure development including a dedicated academy.

Notes:
The Reserve Bank of India (RBI) has launched a new “Complaint Management System (CMS)” website where anyone can complain against any of the entities regulated by RBI. Through this website, complaints can be lodged against RBI regulated entities with public interface such as commercial banks, urban co-operative banks, non-banking financial companies (NBFCs), etc. All complaints lodged on the CMS would be directed to the appropriate office of the ombudsman/regional office of the RBI. The application also improves transparency by keeping the complainants informed through auto-generated acknowledgements and enabling them to track the status of their complaints and file appeals online against the decisions of the ombudsmen, where applicable.

Notes:
Saudi Arabia has become the first Arab country to be granted full membership of Financial Action Task Force (FATF) following its Annual General Meeting at Orlando in Florida, USA. Since November 2004, Saudi Arabia has been a founding member of the Middle East and North Africa (MENA) arm of the FATF group. Its full FATF membership comes after it was reported the Kingdom had made “tangible progress” for its efforts in implementing the FATF’s guidelines. FATF is responsible for issuing international standards, policies and best practices to combat money laundering, terrorist financing and proliferation. The FATF Secretariat is housed at the OECD headquarters in Paris. As of June 2019, there are 39 Member countries of FATF and policies drafted by FATF are highly regarded and treated as law.

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 Union Government has constituted an 18-member working group for the revision of the current series of Wholesale Price Index (WPI) under Chairmanship of Prof. Ramesh Chand, Member of NITI Aayog. The revision of the base year would help in presenting a more realistic picture of the price situation and its impact on people. The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade will be the nodal office for the Working Group and will process the report and recommendation of the Group for further necessary action. The current series of WPI with 2011-12 as the base year was introduced in May 2017. Since 2011-12, significant structural changes have taken place in the economy. Therefore, it has become necessary to examine the coverage of commodities, weighting diagram and related issues pertaining to the existing series of index numbers of Wholesale Price Index. The Terms of Reference of the Working Group include deciding on the computational methodology to be adopted for monthly WPI and Producer Price Index (PPI) and reviewing the existing system of price collection in particular for the manufacturing sector and suggest changes for improvement.

Notes:
Vijaya Nirmala (75), the veteran actress and filmmaker , has passed away in Hyderabad on June 27, 2019. Born on 20th February 1946, Nirmala made her acting debut in 1950 as a child artiste in the Tamil movie ‘Machcha Rekhai’. She holds a record in the Guinness Book of World Records for being the first woman to direct as many as 47 films in different languages. She was also feted with the Raghupathi Venkaiah Award in 2008 for her contributions to Telugu cinema. She featured in over 200 films in Telugu, Tamil and Malayalam.

Notes:
India has signed a loan agreement worth $400 million with the World Bank (WB) to help treat and eliminate Tuberculosis from the country. In India, around five lakh people died every year due to Tuberculosis. According to Finance Ministry, the World Bank supported program will cover 9 States and it will support the government’s National Strategic Plan to end TB in India by 2025. The Program will provide financial incentives to private sector care providers for reporting cases of TB and ensuring that their patients complete the treatment regimen. It will also provide Direct Benefit Transfers to patients for acquiring the critical nutrition needed during treatment. The Program will also strengthen the detection, treatment and monitoring of Drug-Resistant Tuberculosis and will track progress in the detection of additional drug resistance.

Notes:
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.

Notes:
Sarada Kumar Hota has been appointed as the new Managing Director of National Housing Bank (NHB) for a period of three years. Prior to this appointment, Hota was Managing Director and Chief Executive Officer of Can Fin Homes. NHB, which is now 100% owned by the government, is the nodal agency for supervision, refinance and development of the housing finance segment.