Current Affairs Quiz - June, 2019

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 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 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.

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:
Author Amish Tripathi has been appointed the new director of Nehru Centre in London, which is under the Indian Council for Cultural Relations (ICCR). He will replace diplomat Srinivas Gotru. Tripathi is the author of best-selling books such as the Secret of the Nagas and Sita – Warrior of Mithila. The Nehru Centre was founded in 1992 with Gopalkrishna Gandhi as its founder director. Playwright-actor Girish Karnad was among the prominent people to have helmed the centre.

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 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:
The Rajasthan government has decided to set up Vedic education board and culture board in the state. It was announced by Chief Minister Ashok Gehlot at the 25th ‘Bhamashah Sammelan’ at Birla Auditorium in Jaipur. The board will help future generations take inspiration from Vedic culture.

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.