Monthly Current Affairs Quiz - August, 2017

Notes:
The world’s longest pedestrian suspension bridge “Europaweg (or Europe Bridge)” has recently opened in Randa, Switzerland. It measures 1,620 feet long and rises as high as 278 feet above the Grabengufer ravine. The bridge connects a hiking trail through the Alps between Zermatt and Graechen.

Notes:
The Sahyadri Tiger Reserve (STR) is located in the Sahyadri ranges of the Western Ghats of Maharashtra. It is in news because the Maharashtra government is planning to relocate tigers from Vidarbha region to the sanctuaries elsewhere where their population is smaller, including the Sahyadri Tiger Reserve (STR). At present, STR has only seven tigers. For this, the state government has also set up a committee to examine this issue, and a decision will be taken based on its recommendations. It will also consult experts from the Centre and submit its report in 2-3 months.

Notes:
The Indian Army has developed a mobile application ‘Humraaz’ through which serving soldiers can track details like postings and promotions. Through the ‘Humraaz’ app, soldiers can also view their monthly salary slips and the Form 16 and also download them. For security reasons, the installation of the application has been linked to verification of Aadhaar details. The Aadhaar details will be verified with the Army database over National Information Centre (NIC) cloud and he will get a one-time-password on his registered mobile number. Thus, to enable usage of this mobile application, the latest mobile number of individuals should be linked to his Aadhaar number. The mobile app has been developed in-house by the Army and will be launched in the second week of August for prompt communication of information to junior commissioner officers and other personnels.

Notes:
Hassan Rouhani has been officially sworn-in as the 7th President of Iran for his second term on August 3, 2017. Iran’s supreme leader Ayatollah Ali Khamanei gave his official approval for the president-elect by giving him a decree to assign him his duties. Rouhani won re-election in May 2017, after securing 57% of the votes and defeating his main contender Ebrahim Raeisi. Under Iran’s election law, a president-elect is required to gain the Leader’s official approval before being sworn in before the Parliament. Rouhani will take the oath of office in Iran’s Parliament on August 5, 2017. The oath of office will be administered by Chief Justice, Sadeq Larijani.

Notes:
Former Indian hockey captain Dhanraj Pillay has been honored with the East Bengal football club’s highest honour “Bharat Gaurav” on its foundation day on August 1, 2017. Pillay has played a huge role in reviving the Indian team and performed brilliantly during his 15-year career, representing the country in four Olympics, World Cups, Champions Trophy and Asian Games. He played total 339 matches for India, scoring 170 goals. He led India to Asian Games glory in 1998 and also won the Asia Cup in 2003. Beside him, Gurwinder Singh and Boddupalli Amit have won the Footballer of the Year award and the Cricketer of the Year, respectively. Former India International Subhash Bhowmick, a member of the 1970 Asian Games bronze medal-winning national football team and former national team coach Syed Naeemuddin were honored with lifetime achievement awards.

Notes:
The Securities and Exchange Board of India (SEBI) has recently constituted a committee on fair market conduct, which will be headed by former Lok Sabha secretary and law secretary T K Viswanathan. The panel will have representations from SEBI, mutual funds, brokers, audit firms, stock exchanges, data analytics firms and legal firms. The committee has been tasked with suggesting improvements to the existing SEBI norms, including on insider trading and Fraudulent and Unfair Trade practices (FUTP). It has been specifically asked to look at trading plans, handling of price-sensitive information during takeovers and aligning of insider-trading rules with provisions of the Companies Act. The committee has also been tasked with suggesting short-term and medium-term measures for improved surveillance of the markets, as well as issues of high-frequency trades and harnessing of technology and analytics in surveillance. The committee will submit its report within 4 months.

Notes:
Peter O’Neill has been re-elected as the new Prime Minister of Papua New Guinea (PNG) for a second five-year term with a healthy majority, 60 to 46 by a newly elected parliament. He is the leader of the People’s National Congress and represents the constituency of Ialibu-Pangia.

Notes:
The Union Government has launched the 2nd AGRI-UDAAN programme in New Delhi on August 4, 2017 to promote innovation and entrepreneurship in agriculture. It will mentor startups and help them connect with potential investors. The program focuses on catalyzing scale-up stage food and agribusiness startups through rigorous mentoring, industry networking and investor pitching. The 6 month program is a unique platform for scale up stage innovators, entrepreneurs and startups in the Food and Agribusiness sectors. The applications will be available at www.aidea.naarm.org.in. Top 40 startups will be shortlisted and allowed to pitch in front of panel of evaluators during cohort finalization programme. Out of these about 8 to 12 startups will be selected for final cohort for capacity building workshop. The AGRI UDAAN has organised by NAARM, a-IDEA and IIM-A, CIIE in partnership with Caspian Inpact Investment and supported by DST.

Notes:
Noted economist Dr. Rajiv Kumar will be the new Vice-Chairman of NITI Aayog, which is a think-tank that replaced the Planning Commission. He will succeed Arvind Panagariya, who will leave the government think tank on August 31, 2017 and return to Columbia University. Currently, Rajiv Kumar is a senior fellow at the Centre for Policy Research, a non-governmental think tank on public policy based out of New Delhi. He had also been part of a Government appointed high-level search Panel that went into the appointment of regulators in the Indian financial sector. Meanwhile, the Centre has also appointed Vinod Paul, a Paediatrician at AIIMS, as a member of NITI Aayog.

Notes:
Prabhat Kumar, the IFS officer of 1991 batch, has been appointed as the next Ambassador of India to the Republic of Kazakhstan. Presently, he is Ambassador of India to Colombia. He is expected to take up the assignment shortly.