Current Affairs Quiz - June, 2023

Notes:
Colaba-Bandra-SEEPZ Metro’s line 3 is Mumbai’s first fully underground corridor. It will be operated and maintained by the Delhi Metro Rail Corporation (DMRC).
The contract has been awarded to DMRC for a duration of 10 years for the operation and maintenance of the metro line.

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:
The Reserve Bank of India (RBI) has sanctioned the merger of Maratha Co-op Bank with Cosmos Co-op Bank.
The Scheme has been sanctioned in exercise of the powers conferred under Sub-Section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. All branches of Maratha Sahakari Bank will function as branches of The Cosmos Co-operative Bank.

Notes:
Namo Shetkari Mahasanman Yojana was rolled out recently by the Maharashtra government.
The scheme is on the lines of the PM Kisan Samman Nidhi under which farmers get ₹6,000 a year as minimum income support. Once approved, the farmers in the state will be able to get a sum of ₹12,000 every year.

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:
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:
President Recep Tayyip Erdogan has won Turkey’s presidential election, defeating opposition leader Kemal Kilicdaroglu runoff vote and stretching his rule into a third decade.
As per the official data inflation in Turkey was at 50.5 percent in March, down from a high of 85.6 percent in October.

Notes:
Hvaldimir is the name given to a beluga whale that is suspected of being a Russian spy. It was spotted recently off the Swedish coast.
It was earlier spotted in northern Norway in April 2019 wearing a camera harness. US Navy used dolphins and sea lions as spies.

Notes:
The Union Cabinet has approved the City Investments to Innovate, Integrate and Sustain 2.0 (CITIIS 2.0).
CITIIS 2.0 is a program conceived by the Ministry of Housing and Urban Affairs (MoHUA) in partnership with the French Development Agency (AFD), KfW, the European Union (EU), and National Institute of Urban Affairs (NIUA). The program will run for a period of four years, from 2023 till 2027.

Notes:
The armed forces are planning to set up additional joint logistics nodes across the country to boost integration in their logistical needs and streamline their supply chains.
While the last joint logistics node was operationalised in Mumbai in April 2021, the nodes in Guwahati and Tri-Services, Port Blair were operationalised in January 2021. The Joint Operations Division under the Headquarters Integrated Defence Staff has been responsible for establishing the nodes.