Current Affairs Quiz - June, 2023

Notes:
Rejuvenating Watersheds for Agricultural Resilience through Innovative Development (REWARD) program is a World Bank-assisted initiative that is being implemented from 2021 to 2026.
Its implementation was reviewed recently by Secretary, Department of Land Resources (DoLR) and the World Bank team.

Notes:
The Atal Bhujal Yojana (Atal Jal), a central sector water conservation scheme, will continue for an additional two years beyond its original 2025 end date. It is implemented by the Ministry of Jal Shakti.
The major objective of the Scheme is to improve the management of groundwater resources in select water stressed areas in identified states viz. Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh.

Notes:
During the 76th World Assembly Health session, WHO member states discussed on a new replenishment mechanism to help the UN body have more flexible funding options.
It will help WHO become more financial independent and function smoothly as the leading global health coordinator. Replenishment contributions would cover work by country offices, regional offices, and headquarters across all strategic priorities, as well as the enabling functions.

Notes:
Unani or Arabian medicine is a comprehensive approach to promoting natural healing and overall wellness, originating from ancient Greek principles developed millennia ago.
For the first time, the Minority Affairs Ministry granted Rs 45.34 crore to two Unani medicine research and development bodies under the AYUSH ministry.

Notes:
India’s National Climate Research agenda was released during the inauguration of the 2-day International Climate Research Conclave. It was organised at Department of Science and Technology’s Centre of Excellence in Climate Studies at IIT Bombay.
Its aim is to coordinate national efforts focusing on the understanding and addressing climate change by 2030 and beyond.

Notes:
Israel-1 is an Israeli supercomputer that is set to be built by Nvidia. It will be partly operational by the end of this year.
The system is expected to deliver performance of up to eight exaflops of AI computing that will essentially make it one of the world’s fastest AI supercomputers.

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 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:
Global Container Port Performance Index (CPPI) 2022 was released by the World Bank and S&P Global Market Intelligence.
It acts as the benchmark for assessing container port performance and efficiency worldwide. Pipavav Port on the Gujarat coast has emerged as the most efficient port in India in Global Container Port Performance Index (CPPI) 2022. Globally, Pipavav Port has secured the 30th position.