Monthly Current Affairs Quiz - July, 2017

Notes:
Vijay Gokhale, a 1981 batch Indian Foreign Service (IFS) officer, has been appointed as the new Secretary (Economic Relations) in the Ministry of External Affairs (MEA). Currently, he is Indian Ambassador to China. Beside this, Gokhale has served as Ambassador of India to Germany and also in Indian missions in Hong Kong, Hanoi, Beijing and New York.

Notes:
RK Pachnanda, the 1983 batch IPS officer of the West Bengal cadre, has taken charge as the new Director General of Indo-Tibetan Border Police (ITBP) and will have tenure with ITBP till October 31, 2018. He succeeded ITBP DG Krishna Chaudhary, who retired from service on June 30, 2017. Prior to this appointment, Pachnanda was serving as Director General of the National Disaster Response Force (NDRF).

Notes:
Minaketan Das (56), the noted Odia actor, has passed away in Bhubaneswar, Odisha. The actor was well-known in the state’s film and television industry for his negative roles. Das was known for his acting in a number of Odia films including Balunga Toka, Jianta Bhuta and Most Wanted.

Notes:
Sabita Chowdhury (72), the well-known singer, has passed away in Kolkata, West Bengal on June 29, 2017. She was wife of legendary composer Salil Chowdhury. Some of her famous songs are Oi jhilmil jhauer boney, Jaare jaa jaa mono paakhi, Jhilmil jhilmil opaarero monjil and Du chokhey aashaar nodi chhalachhal.

Notes:
Germany has won the 10th edition of FIFA Confederation Cup Football-2017 title by defeating Copa America Champion Chile by 1-0 goals in the final at St Petersburg, Russia. With this, Germany has won the title for the first time after Lars Stindl scored the only goal in the 20th minute when Chile midfielder Marcelo Diaz gave the ball away on the edge of his own area.

Notes:
The Government of India (GoI) has signed a $220 million loan agreement with Asian Development Bank (ADB) for improving road connectivity as well as transport efficiency and safety on state highways of Rajasthan. The loan is the first tranche of the 500 million dollar Rajasthan State Highways Investment Program, approved by ADB Board in May 2017. The first tranche loan will improve about 1,000km of State Highways and major district roads. It will have a 25-year term, including a grace period of 8 years, and carry an annual interest rate determined in accordance with ADB’s London interbank offered rate-based (LIBOR) lending facility. The total cost of the project is $1.415 billion, with the government contributing $465 million and $450 million coming from the private sector and other concessionaries.

Notes:
India has ranked 88th with 676 million Swiss francs (about Rs 4,500 crore) in terms of money parked by its citizens with Swiss banks, according to an analysis by the Swiss National Bank (SNB) for 2016-end. As per latest figures, the money officially held by Indians with banks in Switzerland now accounts for a meagre 0.04% of the total funds kept by all foreign clients in the Swiss banking system. The SNB’s official figures haven’t include the money that Indians, NRIs or others might have in Swiss banks in the names of entities from different countries. The United Kingdom (UK) has topped the list, followef by United States (US), West Indies, France, Bahamas, Germany, Guernsey, ect.

Notes:
The 9th edition of Delhi Dialogue has started with theme “ASEAN-India Relations: Charting the Course for the Next 25 Years” in New Delhi on July 4, 2017. It has inaugurated and addressed by the Union External Affairs Minister Sushma Swaraj. In the two day dialogue, political leaders, policy makers, senior officials, diplomats, business leaders, think tanks and academicians from India and ASEAN countries will participate in the discussions. It is a premier event to discuss politico-security, economic and socio-cultural engagement between ASEAN and India. This Dialogue has been held annually since 2009.

Notes:
The Karnataka Government has recently launched the ‘Elevate 100’ scheme to identify and nurture innovative start-ups. The purpose of the scheme is to identify 100 most innovative start-ups in the state to elevate them to the next level of success. The Elevate scheme is the brainchild of the start-up cell, Karnataka Biotechnology and Information Technology Services (KBITS), to help start-ups across the state succeed by providing them with access to mentors, networking opportunities, and in-depth sessions for start-ups on accounting, and emerging technologies.

Notes:
Piyush Goyal, the Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, has launched the Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency (MERIT) app and e-bidding portal for providing e-Bidding solution to States to select Independent Power Producers (IPPs) for procurement of power by transferring their domestic coal under the scheme of flexibility in utilization of domestic coal. This system will bring transparency in states’ power distribution and sales and save Rs 20 thousand crore in next 5 to 7 years.