Monthly Current Affairs Quiz - June, 2017

Notes:
India will host 2017 FIBA Women’s Asia Cup basketball tournament at Bengaluru, Karnataka from July 23 to 29. This tournament will be the qualifying tournament for FIBA Asia at the 2018 FIBA World Championship for Women in Spain. Beside this, India will also host the 2017 FIBA U-16 Women’s Asian Championship, which will be held from October 22 to 28 in Hyderabad. In both the tournaments, 14 teams will compete, with 8 teams in Division A and six in lower Division B. India is in Division B in both the Senior and U-16 events.

Notes:
The Government of India (GoI) has recently appointed three part-time non-official directors on the Central Board of the Reserve Bank of India (RBI) for a 4-year term. These are – Dr. Rajiv Kumar, Dr. Ashok Gulati and Manish Sabharwal. This central Board of directors is responsible for governing the affairs of RBI. The board is appointed by the Union Government. There are five official directors — Governor and not more than four deputy governors. Besides, the government nominates 16 non-official directors on the board. Ten are nominated from different fields, two are government officials and one director each from the four local boards.

Notes:
The Indian Panorama Film Festival has started in Port Blair, Andaman & Nicobar on February 15, 2017. The 5-day festival is organized by the Directorate of Information and Publicity, Andaman & Nicobar, in association with the Ministry of Information & Broadcasting and Directorate of Film Festivals/IFFI, New Delhi. Approx 15 popular as well as award winning films, of different languages and genre will be screened at two different venues viz. PBMC Auditorium and ITF Ground during the fest.

Notes:
Kush Bhagat, a second grade student from Hill Spring International School, has been awarded the title of Candidate Master (CM) by World Chess Federation body. The title comes after a range of admirable performances by him, over the span of last 6 months, beginning with his conquest of U-7 Maharashtra State Championship 2016 title to becoming the World Schools Under 7 Blitz champion in Sochi (Russia) and finally his performance, with three gold medals at the first-ever Western Youth Chess Championship 2016 at UAE.

Notes:
The Oriental Bank of Commerce (OBC) has launched mobile wallet ‘Oriental Batuaa’ for digital payments for its’ bank customers on its 75th Foundation Day. Besides this, OBC has also launched two new cards – ‘Oriental Premium card’ is a RuPay based Platinum international debit card with airport lounge access and the other card- ‘Oriental Prepaid Card’ is a RuPay card for individuals and corporates. Apart from this, it has also launched two MSME schemes – ‘Oriental Sanjeevani’ and ‘Oriental Budget Hotels and Restaurants’. Oriental Sanjeevani is a specialised scheme for doctors for setting up new hospitals and clinics. The other scheme is for individuals, proprietors, companies etc for setting up new hotels, restaurants, lodges, motels etc.

Notes:
On 1 March 2017, Bakri Hassan Saleh has been appointed by President Omar al-Bashir as Sudan’s first Prime Minister since the post was abolished in 1989. The post of Prime Minister was re-established with limited powers, while most power remained in the hands of the President. As Prime Minister, Saleh retained his post as First Vice President of SUdan.

Notes:
Indian grandmaster Harika Dronavalli has won a bronze medal at the 2017 Women’s World Chess Championship in Tehran. This is Harika’s 3rd bronze medal at the World Championship level. The first two were in Khanty-Mansiysk in 2012 and Sochi in 2015. Harika has won the World Juniors in 2008, Commonwealth women’s title in 2010, Asian Championship in 2011 as well as World Online Blitz Championship in 2015. She received the Arjuna Award in 2008.

Notes:
The Global rating agency Fitch has forecasted India’s GDP growth for FY 17 to 7.1% and for both FY 2017-18 and FY 2018-19 to 7.7%. Fitch stated that the December quarter GDP number suggests that economic activity was hardly hit by the cash crunch after the government’s move to remove 86% of currency in circulation overnight. It expects the policy interest rate to stay at its current level of 6.25%. Fitch projection of growth for this fiscal is in line with the estimates of global think-tank Organisation for Economic Co-operation and Development (OECD).

Notes:
HDFC Bank has recently launched India’s first Artificial Intelligence (AI)-based banking chatbot “Electronic Virtual Assistant (EVA)” for customer service. EVA can answer millions of customer queries across multiple channels instantly. Eva can assimilate knowledge from thousands of sources and provide answers in simple language in less than 0.4 seconds.

Notes:
The 2017 International Yoga Fest has started at Talkatora Indoor Stadium, New Delhi from March 8, as a Curtain Raiser for International Day of Yoga (IDY) 2017. The 3-day event is organised by Ministry of AYUSH, Morarji Desai National Institute of Yoga (MDNIY) in association with Indian Yoga Association (IYA) and New Delhi Municipal Corporation (NDMC). It is inaugurated by the M. Venkaiah Naidu, the Union Minister of Information and Broadcasting and Urban Development and Housing. The main purpose of the Fest is to sensitize the masses regarding celebration of International Day of Yoga (IDY) held every year. More than 3,500 participants including eminent yoga gurus, yoga masters, scholars, policy makers and representatives from 15 to 18 countries will participate in the mega event. It will comprise parallel yoga workshop, lectures, Satsang, cultural programmes and yoga demos.