Current Affairs Quiz - June, 2019

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:
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:
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:
Odisha Chief Minister Naveen Patnaik has launched a unique flood hazard atlas on the basis of historic flood inundation captured through satellite imagery over the period from 2001 to 2018. It is expected to help the State manage floods more efficiently. The atlas will help the authorities to systematically plan flood control measures, to carry out relief operations, to plan relief shelters & health centres and to control development activities on flood plains. The atlas is prepared by Odisha State Disaster Management Authority (OSDMA) and National Remote Sensing Centre (NRSC) of the Indian Space Research Organisation (ISRO), Hyderabad. Around 14 lakh hectare of agriculture land is being affected by floods every year in Odisha.

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:
Union Civil Aviation Minister Hardeep Singh Puri inaugurated the Central Command Centre for Air Traffic Flow Management (C-ATFM) at Vasant Kunj, New Delhi. The C-ATFM system is primarily meant to address the balancing of capacity against the demand to achieve optimum utilization of the major resources viz., airport, airspace and aircraft at every Indian airport where there is a capacity constraint. It integrates flight data from various subsystems like ATC Automation System, flight updates and flight update messages. The system also displays weather information along with static information about airports, airspaces and air routes. The system processes the demand and capacity information and provides decision-making tools to the ATFM Flow Manager for collaborative decision making and to ensure regulated flow of traffic at each airport in India. After successfully implementing the AFTM, India has become the 7th country after the US, Europe, Australia, South Africa, Japan, Brazil.

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.

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.