Monthly Current Affairs Quiz - June, 2017

Notes:
The Securities and Exchange Board of India (SEBI) has formed committee to improve standards of corporate governance of listed companies. The committee under the chairmanship of Uday Kotak, chief of Kotak Mahindra Bank, will submit the report within a period of 4 months. The committee would make recommendations to SEBI on ensuring independence in spirit of independent directors and their active participation in functioning of the company and steps for improving safeguards and disclosures pertaining to related party transactions. Besides, the panel would suggest measures for addressing issues faced by investors on voting and participation in general meetings and ways for improving effectiveness of board evaluation practices.

Notes:
Indian wild card Nitin Kumar Sinha has won the boys singles title at the 2017 HCL Asian Junior Tennis Championship. He defeated Malaysian player Christian Didier Chin in a final match held at the Shri Shiv Chhatrapati Sports Complex, Mahalunge – Balewadi, in Pune. In girls singles final, Mihika Yadav defeated top seed Mahak Jain in two straight sets 6-3, 6-3. The championship is the second highest tournament anywhere in the world after the junior grand slams and provides top Indian players a chance to compete against their global counterparts as well as earn valuable ITF points to build on their overall international ranking.

Notes:
India has signed a $39.2 million loan agreement with the World Bank (WB) for the ‘citizen-centric service delivery’ project in Assam. The programme size is $49 million, of which $39.2 million will be financed by the World Bank and the remaining amount will be funded out of state budget. The programme duration is 5 years. The purpose of the project is to improve access in the delivery of selected public services in Assam. The Project seeks to enable citizens to access services under the RTPS Act in a timely, efficient, and accountable manner. The Project adopts an integrated approach to improve access and accountability.

Notes:
Sudha Singh from Uttar Pradesh has won a gold medal in the women’s 3000m steeplechase at the 21st Federation Cup National Senior Athletics Championship in Patiala, Punjab on June 4, 2017. In the men’s 3000m steeplechase event, it was Naveen Kumar of Haryana who took the gold with a time of 8:50.85.

Notes:
India has been ranked 51st out of 63 countries in the 2017 IMD World Digital Competitiveness ranking. At the top of the digital ranking is Singapore, followed by Sweden, the USA, Finland and Denmark. For the first time, the IMD World Competitiveness Center has published a separate report ranking countries’ digital competitiveness. The new Digital Competitiveness Ranking (DCR) provides a measure of a country’s ability to adopt and explore digital technologies leading to transformation in government practices, business models and society in general. The ranking is based on three factors, which reflect the standing of a country in the dimensions of Knowledge, Technology and Future Readiness.

Notes:
J P Nadda, the Union Minister for Health and Family Welfare, has launched “Skill for Life, Save a Life” initiative in New Delhi to promote skill development in the health sector. The purpose of the initiative is to upscale the quality and quantity of trained professionals in the healthcare system. Under this initiative various courses are planned in specific competencies for healthcare professionals as well as for general public.

Notes:
Hoshiar Singh, a 1994 batch officer of the Indian Telecom Service, has been appointed as new Registrar of Copyrights for a period of five years. The Office of Copyrights, under the Department of Industrial Policy and Promotion (DoPT) is mandated to protect the music and film industry besides addressing its concerns, among others. According to norms, the Copyright Office is under the immediate control of a Registrar of Copyrights, who acts under the superintendence and directions of the Central Government. The headquarters is located in New Delhi.

Notes:
The Mukurthi National Park (MNP) is a 78.46 km2 protected area located in the western corner of the Nilgiris Plateau west of Ootacamund hill station in the northwest corner of Tamil Nadu state in the Western Ghats mountain range of South India. It is home to an array of endangered wildlife viz. royal Bengal tiger, Asian elephant, Nilgiri langur, Bonhote’s mouse, Nilgiri tahr, etc. The park is a part of Nilgiri Biosphere Reserve, India’s first International Biosphere Reserve.

Notes:
K G Karmakar and Gauri Shankar have been appointed as new Independent Directors of India Post Payments Bank (IPPB). The Appointments Committee of the Cabinet has approved their appointment to the post on the board of directors of the bank for a period of 3 years. The IPPB has been incorporated as a public sector bank under the Department of Posts with 100% equity of the Government of India (GoI). IPPB will offer demand deposits such as savings and current accounts upto a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, etc.

Notes:
Nepal has recently signed a financing agreement with China Gezhouba Group Corporation (CGGC) to build 1,200-megawatt Budhi-Gandaki hydroelectric project. The estimated cost of the project is $2.5 billion. This project will be helpful for Nepal, which is facing acute power shortage.