Monthly Current Affairs Quiz - June, 2017

Notes:
India will host the Implementation and Assessment Group Meeting of the Global Initiative to Combat Nuclear Terrorism (GICNT) in New Delhi from February 8 2017. The meeting will highlight India’s commitment to global nuclear non-proliferation and peaceful uses of nuclear energy. It also highlights the continued priority of India to nuclear security, strengthening the institutional frameworks, capacity building and enhancing international cooperation. It is a part of country’s overall engagement with the international community on nuclear security issues. In the 3-day event, approx 150 delegates from various partner countries and international organisations will participate. Foreign Secretary S. Jaishankar will inaugurate the meet, which is organised by Ministry of External Affairs and Department of Atomic Energy.

Notes:
The Reserve Bank of India (RBI) has kept the repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.25% in its 6th bi-monthly and last monetary policy for the financial year 2016-17. Consequently, the reverse repo rate under the LAF remains unchanged at 5.75% and the marginal standing facility (MSF) rate and the Bank Rate at 6.75%. The rates has been decided by the Monetary Policy Committee (MPC) of the RBI, which is headed by RBI Governor Urjit Patel.

Notes:
The book “Welcome to Nowhere” has been authored by acclaimed children’s writer Elizabeth Laird. This is a book about war and its consequences. Through book, author tells the story of 12-year-old Omar, his parents and four siblings, all of who are caught in the crossfire as civil war rages over Syria. Laird references real-life events and gives you great characters, heartwarming moments and even occasional humour.

Notes:
According to the annual report of International Monetary Fund, India’s GDP growth has been projected to 6.6% in FY 17 due to the strains that have emerged in the economy as a result of temporary disruptions caused by demonetisation. It expects growth to rebound to 7.2% in FY18.

Notes:
The Ministry of Electronics and Information Technology (MeitY) has launched Cyber Swachhta Kendra – Botnet Cleaning and Malware Analysis Centre (BCMAC) to provide free anti-virus to computers and mobile phones for removing malicious softwares. This is a part of Digital India initiative and is operated by the Indian Computer Emergency Response Team (CERT-In) under provisions of Section 70B of the Information Technology Act, 2000. The Centre aims to enhance coordination between the Government and industry in order to encourage cyber hygiene among all end-users and to create a secure and safe internet ecosystem in India.

Notes:
Kenneth J. Arrow (95), the Nobel-winning economist and mathematician, has recently passed away at Palo Alto in California, United States. To date, he is the youngest person ever to have received Nobel Prize for Economics, at the age of 51. His theories on risk, innovation and the basic mathematics of markets have influenced thinking on everything from voting to health insurance to high finance. His most significant works are his contributions to social choice theory, Arrow’s impossibility theorem and general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information.

Notes:
The Government of India (GoI) has signed Memorandum of Understanding (MoU) with Bangladesh for the development of Sylhet city. As per the MoU, the Indian government will provide financial aid for the construction of a five-storey Kinder Garten and High School Building, a six-storey cleaner colony building; and for some development work in Dhupa Dighirpar area at a total cost of around Taka 240 million.

Notes:
The Ministry of Minority Affairs will host Cultural Harmony Conclave under Hamari Dharohar Scheme in New Delhi on April-May 2017. It has been decided recently in the first meeting of high-level committee on Cultural Harmony Conclave under “Hamari Dharohar (Our Heritage)” scheme of Minority Affairs Ministry. The meeting was chaired by Minister of State for Minority Affairs Mukhtar Abbas Naqvi in New Delhi. It was attended by several renowned artists, musicians, writers.

Notes:
The Assam government has made Sanskrit education compulsory in all state board schools till Class VIII. Apart from making Sanskrit mandatory, the cabinet also created a post to monitor cleanliness in government-run schools under Swachh Bharat Abhiyan. Assam government has also decided to appoint a computer teacher in all high schools to provide students access to computer education.

Notes:
The 11th edition of joint military exercise “SURYA KIRAN-XI” has started between India and Nepal in Pithoragarh area of Uttarakhand from March 7, 2017. This is a battalion level joint exercise between the two armies. The purpose of the two week long exercise is to train both the troops in the area of various counter insurgency operations over a prolonged period. It will also focus on other important aspects such as humanitarian assistance and disaster relief operations and environmental conservation. Both the armies will mutually benefit from the varied experiences gained during the exercise. The exercise is part of a series of joint training with friendly foreign countries by the Indian armed forces.