Monthly Current Affairs Quiz - June, 2017

Notes:
The Chief Minister of Assam, Sarbananda Sonowal has recently launched the Chief Minister Samagra Gramya Unnayan Yojana (CMSGUY) in Guwahati to develop villages of the state. It’s a mega mission with a financial outlay of Rs. 30,000 crore will be implemented in all the villages in Assam in the next five years culminating in 2021-22. The programme will be implemented through ‘saturation model’ by covering each revenue village through focused interventions in direct economic activities, logistic support including market linkages and community support. The purpose of the mission is to bring revolutionary changes by doubling the farm income in the State.

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 Gateway House and the Ministry of External Affairs has co-hosted the 2017’s edition of ‘The Gateway of India Geo-economic Dialogue’ in Mumbai, Maharashtra on February 13-14, 2017.This is India’s premier geo-economics conference on the theme ‘Where Geopolitics meets Business’ focused on building synergies between business and foreign policy. There were panel discussions that cover topics like Sovereign Funds, Global Taxation and Digital Economy.

Notes:
The Cabinet Committee on Economic Affairs (CCEA) has recently approved investment proposal for generation component of Arun-3 Hydro Electric Project in Nepal by SJVN Limited to promote clean and green energy in India and the sub continent. This project will generate 900 Megawatt of hydro power at an estimated cost of Rs. 5723.72 crore. The project is expected to achieve financial closure by September 2017 and be implemented in five years thereafter.

Notes:
Suman Saxena, the former Deputy Comptroller and Auditor General (CAG), has taken charge as the Whole Time Member (WTM) of the Insolvency and Bankruptcy Board of India (IBBI). She would look after research and regulation wing apart from national insolvency programme, continuing professional programme as well as knowledge management and partnership. Currently, the board of IBBI — set up under the Insolvency and Bankruptcy Code — has five members including Chairman Dr. M S Sahoo. Others are Ajay Tyagi, Amardeep Singh Bhatia, G S Yadav and A Unnikrishnan.

Notes:
The 9th edition of BRICS Summit will be held in Xiamen city, China from September 3 to 5, 2017. The theme of this year’s event is ‘BRICS: Stronger Partnership for a Brighter Future’.

Notes:
Pooja Ghatkar from India, the former Asian champion, has won the bronze in the women’s 10 metre air rifle event in the 2017 International Shooting Sport Federation (ISSF) World Cup at the Karni Singh Shooting Range in New Delhi. Ghatkar shot 228.8 score in the final to finish third.

Notes:
India’s GDP growth rate has been projected to 7% for FY17, as per latest survey by the Organisation for Economic Co-operation and Development (OECD). In its Economic Survey of India (ESI), the Global think-tank has stated that demonetisation may have impacted short term growth but the long term effects would include important gains going forward. It suggested that India should bring down corporate tax rate from 30% to 25%. Beside this, OECD has also estimated India’s GDP growth rate to 7.3% for FY18 and 7.7% for FY19. The OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world.

Notes:
The 4th edition of India-CLMV (Cambodia, Lao PDR, Myanmar and Vietnam) Business Conclave was held in Jaipur, Rajasthan. It was inaugurated by the Union Minister of Commerce and Industry Nirmala Sitharaman, which was organised by the Department of Commerce and Confederation of Indian Industry (CII). The purpose of the conference was to identify specific project opportunities and seeks business partnerships in the region. The conclave focused on sectors such as Pharma, Healthcare, manufacturing, Agri Business, Food processing, Gems and Jewellery, Textiles, Leather, Renewable Energy and education.

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.