Current Affairs Quiz - June, 2023

Notes:
Karnataka Bank appoints Srikrishnan Harihara Sarma as Managing Director and Chief Executive Officer (MD and CEO).
Sarma has nearly four decades of experience spread across Commercial, Retail, and Transactional Banking, Technology and Payments. He was part of the founding management team at HDFC Bank Ltd for over nine years.

Notes:
India has moved WTO dispute panel over Information and communication technologies (ICT) import duties.
The WTO’s apex dispute resolution body, the Appellate Body, hasn’t been functional for nearly two years due to America’s blockage on appointment of judges.

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:
Kerala government-run Agency for New and Renewable Energy Research and Technology (Anert) recently launched a new ambitious project aimed at making Thiruvananthapuram the largest solar city in India.
Under this project, every rooftop in the capital city will be turned into a solar energy-producing station.

Notes:
Canadian philosopher Ian Hacking has passed away recently. He is famed for his contributions to the philosophy of science, probability and mathematics.
Professor Hacking wrote several significant works on the philosophy and history of probability, including “The Taming of Chance” (1990).

Notes:
The 22nd Summit of the Shanghai Cooperation Organisation (SCO) will be held in a virtual mode on 4 July, the Ministry of External Affairs (MEA) announced.
India is set to host the 22nd SCO summit for the first time under its chairmanship. Invitations were sent to heads of state of all SCO member countries — China, Russia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan and Uzbekistan.

Notes:
International Organic Mahotsav-2023 is being organized from June 2 to 4 in Gadiraju Palace in Visakhapatnam.
The Rythu Sadhikara Samstha (RySS) is organising the event, which will connect farmers practicing natural farming methods and potential consumers of these crops.

Notes:
The Bureau of Indian Standards (BIS) recently notified 31 Indian standards related to Ayush herbs and products.
It includes 30 herbs and one product including a stainless steel neti pot. An additional department was earlier established with a dedicated focus on Ayush at BIS.

Notes:
The US Congress has approved the debt ceiling deal to raise the government’s borrowing limit and thwarting a potentially catastrophic default on US debt repayments.
It will allow the federal government to borrow money until after the next presidential election in November 2024. The agreement keeps non-defence spending flat next year, with a 1% rise in 2025.

Notes:
The feasibility and prospects of the salt cavern-based oil storage facility in Rajasthan is being studied by the Government-owned engineering consultancy firm Engineers India (EIL).
It will increase India’s strategic oil storage capacity once this facility starts functioning. The country’s three existing strategic oil storage facilities — at Mangaluru and Padur in Karnataka, and Visakhapatnam in Andhra Pradesh — are made up of excavated rock caverns.