Current Affairs Quiz - June, 2023

Notes:
Prime Minister Narendra Modi chaired the 8th Governing Council Meeting of NITI Aayog, at New Delhi.
It was attended by Chief Ministers and Lieutenant Governors representing 19 States and 6 UTs. HE urged the Centre, States and UTs should work as Team India and fulfil the dreams and aspirations of people for a Viksit Bharat at 2047.

Notes:
China recently launched the Shenzhou-16 mission. As part of this mission, three astronauts lifted off atop a Long March-2F rocket from the Jiuquan Satellite Launch Centre in the Gobi Desert in northwest China.
The astronauts aboard Shenzhou-16 spacecraft will stay in the Tiangong space station for the next five months. This is the country’s fifth manned mission to a fully functional space station since 2021.

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 report titled “Forever Toxic: The science on health threats from plastic recycling” was released recently by Greenpeace Philippines. According to this report, recycling can increase the toxicity of plastics.
The report was released ahead of the second session of the Intergovernmental Negotiating Committee to develop a Global Plastics Treaty, being held at Paris, France.

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:
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 Reserve Bank of India (RBI) is planning to introduce expected loss-based approach for provisioning during 2023-24.
It will help strengthen India’s bad loan resolution ecosystem. This will enable banks to design their own credit loss models and spread the higher provisions over a five-year period.

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.

Notes:
NHPC Limited, a Government of India Enterprise and Vidhyut Utpadan Company Limited (VUCL), Nepal signed an MoU in New Delhi for development of Phukot Karnali Hydro Electric Project in Nepal.
This hydroelectric project will flow from Karnali River to generate power and the generated power will be fed into integrated power system of Nepal.

Notes:
A training launch of a Medium-Range Ballistic Missile, Agni-1, was successfully carried out by the Strategic Forces Command from APJ Abdul Kalam Island, in Odisha.
In October last year, India successfully fired ‘Agni Prime’ – a new generation of ballistic missiles – from off the coast of Odisha.