Current Affairs Quiz - June, 2019

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.

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:
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:
The second edition of the “Healthy States, Progressive India” report has been released by NITI Aayog Vice Chairman Dr Rajiv Kumar. Kerala has topped among large states on overall health performance in NITI Aayog’s Health Index followed by Andhra Pradesh and Maharashtra. Though, Bihar and Uttar Pradesh have emerged as the worst performing states. However, in terms of incremental performance Haryana, Rajasthan and Jharkhand are the top three states who performed well in comparison to the last health index. The report ranks states and Union territories innovatively on their year-on-year incremental change in health outcomes, as well as, their overall performance with respect to each other. The report focuses on measuring and highlighting the overall performance and incremental improvement over a two-year period, 2016-17 and 2017-18 in the States and UTs. It takes a comprehensive look at health in terms of Health Outcomes, Governance and Processes and impact of policy interventions. The report has been prepared in collaboration with the Ministry of Health and Family Welfare (MoHFW) and with technical assistance from the World Bank.

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:
Italy’s Milan and Cortina d’Ampezzo have been chosen to host the 2026 Winter Olympics and Paralympics during the 134th session of the International Olympic Committee (IOC) in Lausanne, Switzerland. Skating sports and ice hockey will be held in Milan, while most alpine skiing events will take place in the resort of Cortina. Other snow sports will be held in other venues in the Italian Alps, including Bormio and Livigno. The 2026 Winter Olympics will take place from 6 to 22 February and the 2026 Winter Paralympics will be held from 6 to 15 March.

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:
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 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.