Monthly Current Affairs Quiz - July, 2017

Notes:
Recently, para shooter Avani Lekhara (15) from India shot a junior world record 244.4 in the women’s 10m air rifle standing SH1 event (R2) to won the silver medal at the World Shooting Para Sport World Cup in Al Ain, UAE. Beside this, para shooter Pooja Agarwal shot 228.4 in the final of the women’s 10m air pistol SH1 event (P2) to won a silver medal at the tournament. Notably, both Indian shooters were making their international debuts at the competition.

Notes:
The Hyderabad-based astrologer and numerologist TS Vineeth Bhatt has been conferred with the ‘Best astrologer of the world’ award at the Russian-Indian economic dialogue round-table meet held in Moscow. The event was organized by Peacemakers International, a charity that works for advancement of conflict resolution through mediation services and training.

Notes:
The United Nations (UN)’ International Co-operative Day (IDC) is observed every year on the first Saturday of to recognize and reaffirms the role of cooperatives in economic, social and cultural development and in the achievement of social policy objectives. This year, in 2017, the day is observed on July 1 under the theme ‘Co-operatives ensure no one is left behind’. The 2017 IDC theme complements the priority theme of the 2017 High-level Political Forum for Sustainable Development: ‘Eradicating poverty and promoting prosperity in a changing world’.

Notes:
The 41st session of UNESCO World Heritage Committee has started in Krakow, Poland from July 2 to 12, 2017. During the session, the Committee will notably consider requests for the inscription of new sites on UNESCO’s World Heritage List and examine the state of conservation of sites already inscribed on the List as well as many other issues concerning the implementation of the World Heritage Convention. The World Heritage Committee consists of representatives from 21 of the States Parties to the Convention Concerning the Protection of the World Cultural and Natural Heritage, elected by the General Assembly of States Parties to the Convention.

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 National Multi Commodity Exchange (NMCE) will merge with Indian Commodity Exchange (ICEX) to create India’s third largest commodities exchange. The merger, which is subject to regulatory approval, is expected to be completed by December 2017. ICEX’s shareholders will hold a 62.8% stake in the merged entity while the balance will be held by shareholders of NMCE. The proposed merger will offer a range of contracts including bullion, oil, rubber and other agri-commodities. The exchange will also offer the world’s first diamond futures contract, which has already received “in-principle” approval from the regulator. The NMCE is the India’s first demutualised online national multi-commodities exchange.

Notes:
Pinarayi Vijayan, the Chief Minister of Kerala, has launched G-Ride, a digital ride sharing app for techies. The app is specially designed and deployed for the IT industry by the Group of Technology Companies (Gtech), the industry body of IT companies in the state. The G-Ride app automatically matches co-workers and neighbours and help them travel together to work. It is available in Android and iOS versions.

Notes:
Swayam Shikshan Prayog (SSP), a Pune-based NGO, has won the 2017 United Nations Development Programme (UNDP)’s Equator Prize for its women led climate resilient agro-ecological farming model and innovative solutions in climate resilient farming in the Marathwada region of India. The SSP is one of the 15 winners of Equator Prize 2017 by UNDP. The SSP has empowered 72,000 women in the drought-prone state of Maharashtra to act as agricultural decision-makers, improving their health, food security, and economic well-being.

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.