Current Affairs Quiz - June, 2023

Notes:
Sabang port in Indonesia is situated 700 km from the Andaman and Nicobar Islands. Recently, India and Indonesia completed a joint feasibility study on the development of this port.
The successful development of this port would allow India easier access to the Malacca Straits, a narrow stretch of the sea between Indonesia and Malaysia and one of six chokepoints along the world’s maritime trading routes.

Notes:
Capital Market Regulator SEBI has recently reconstituted its intermediary advisory committee.
This committee is responsible for providing recommendations on matters concerning changes in legal framework and increasing transparency in systems and procedures of market intermediaries like stock brokers, clearing members and depository participants.

Notes:
The Lipizzans are horses that are descendants of long stallion lines crossing Spanish, Arabic and Berber horses.
Lipizzans are famous for their “airs above the ground” classical dressage jumps. The tradition of Lipizzan breeding was recently included in UNESCO’s Intangible Cultural Heritage list. The name derives from Lipica where the horses are found in Slovenia.

Notes:
The 44th plenary on Consumer Policy (COPOLCO) is a four-day event hosted by Bureau of Indian Standards (BIS).
The ISO countries have renewed their commitment to incorporate the objectives of the SDGs into its standards programme. BIS’s initiatives, such as Manak Manthan, Quality Connect are aimed at enhancing consumer engagement in standardisation.

Notes:
Ministry of Electronics & IT launched pilot project on Electronics Repair Services Outsourcing (ERSO).
Revenue potential from outsourced repair likely to be USD 20 billion in next 5 years and also generate millions of jobs. The pilot is being held in Bengaluru and will be run for a period of three months.

 

Notes:
Capital Market Regulator SEBI- the Securities Exchange Board of India has released guidelines for Investor Protection Fund (IPF) and Investor Services Fund (ISF).
These funds are maintained by stock exchanges and depositories. The new changes aim to strengthen investor protection measures and promote financial literacy and participation in the securities market.

Notes:
The Asian Development Bank recently launched a new country partnership strategy (CPS) for India.
During 2023–2027, ADB operations in India will focus on accelerating structural transformation and job creation, promoting climate-resilient growth, and deepening social and economic inclusiveness.

Notes:
A new Jupiter-size exoplanet ‘TOI 4603b’ with the highest density known till this date and mass 13 times than that of Jupiter, has been discovered by an international team of scientists
ISRO says the discovery of this exoplanet has been made using the indigenously made PRL Advanced Radial-velocity Abu-sky Search spectrograph (PARAS) at the 1.2 m telescope of PRL at its Gurushikhar Observatory in Mount Abu.

Notes:
The ‘75th UN Peacekeepers Day’ is observed on 29 May every year. “Peace begins with me” is the theme of the 75th anniversary of Peacekeepers Day.
The United Nations Interim Force in Lebanon, or UNIFIL marked the International Day of United Nations Peacekeepers and the 75th anniversary of United Nations peacekeeping.

Notes:
The Union Cabinet recently approved the formation and the empowerment of an Inter-Ministerial Committee (IMC) to create the “world’s largest grain storage plan in the cooperative sector”, with an outlay of Rs 1 lakh crore.
This objective will be achieved by converging 8 ongoing schemes of 3 ministries. Ministry of Cooperation will implement a pilot project in at least 10 selected districts.