15th June 2019 Current Affairs

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Farmer’s contribution to be Rs 100 per month to PM-Kisan Pension Yojana

  • On June 13, 2019, Ministry of Agriculture and Farmers Welfare announced that farmers in the country are expected to contribute Rs 100 per month under the Pradhan Mantri (PM) Kisan Pension Yojana.
  • It seeks to provide a minimum monthly pension of Rs 3,000 on attainment of 60 years of age.
  • The central government will also contribute an equal amount to the pension fund.
  • The Modi 2.0 government in its first cabinet meeting had approved a separate pension scheme for farmers with an aim to cover 5 crore beneficiaries in the first three years, which would cost the exchequer Rs 10,774.5 crore per annum.

Note:

About Ministry of Agriculture and Farmers Welfare

Founded: 1947

Headquarters: New Delhi

Departments: Department of Agriculture, Co-operation and Farmers Welfare, MORE

Government reduced the ESI contribution rate to 4% from 6.5%

  • On June 13, 2019, the Government reduced the Employees State Insurance (ESI) contribution rate to 4% from 6.5%.
  • This will benefit 36 million workers and 1.28 million employers and will lead to an estimated annual saving around Rs 5,000 crore for firms.
  • The reduced rates will be effective from July 1, 2019.
  • The Central government through the Ministry of Labour & Employment decides the rate of contribution under the ESI Act.

About ESI

ESI – Employees’ State Insurance

Founded: 24 February 1952

Type of business: Central-Owned

Headquarters: New Delhi, India

India ranked 141 in global peace index, Iceland remains Peaceful

  • Institute for Economics and Peace released the report, ‘Global peace index 2019’ stated that India ranked 141 among 163 countries on the Global Peace Index.
  • Iceland topped the in the list.
  • Afghanistan is now the least peaceful country in the world, replacing Syria
  • In South Asia, Bhutan topped the index with 15th rank, followed by Sri Lanka.

Note:

About global peace index

Established: 2007

Founded :Killelea

16th Asia Media Summit held in Siem Reap Province, Cambodia

  • The 16th Edition of Asia Media Summit (AMS) 2019 was held in Siem Reap province, Cambodia from June 12 to June 14, 2019.
  • It was inaugurated by the Prime Minister of Cambodia, Samdech Hun Sen.
  • AMS was held under the topic “Media Digitalization Focusing on Developing Markets” and it gave a call to fight against fake news and cyber-crimes.
  • Co-organized by the Cambodian Ministry of Information and the Asia-Pacific Institute for Broadcasting Development (AIBD), the summit drew about 600 media representatives from 42 countries and regions.

Note:

About Cambodia

Capital: Phnom Penh

Currency: Cambodian riel

Exim Bank signed $245 million loan agreement with Ghana & Mozambique for agricultural and railway projects

  • On June 13, 2019, The central bank of the country, the Reserve Bank of India (RBI) notified that Export Import Bank of India (Exim Bank) will provide Line of Credit (LoC) worth $245 million to Ghana and Mozambique for agricultural and railway projects.
  • The agreement is effective from June 3, 2019.
  • Under the LoC, the terminal utilisation period is 60 months after the scheduled completion date of the project.
  • The USD 150 million for Ghana will be used for financing strengthening of agriculture mechanisation services centres, while line of credit for Mozambique will be used for financing procurement of railway rolling stock including locomotives, coaches and wagons

Note:

About Exim Bank:

Headquarters: Mumbai

CEO: David Rasquinha

About Ghana:

Capital: Accra

Currency: Ghanaian cedi

About Mozambique:

Capital: Maputo

Currency: Mozambican metical

Dell tops the list of most trusted brand in India, while Amazon is most trusted Internet Brand: TRA Research 2019

  • According to the report “Brand Trust Report, 2019”, by Trust Research Advisory (TRA), Dell tops the list as the most trusted brand for 2019 in India.
  • It is followed by automobile brand Jeep and LIC (Life Insurance Corporation of India).
  • While largest E-commerce player Amazon has emerged as a most trusted internet Brand ranked as 4th in the list followed by Google (18th).

Note:

About Dell

CEO: Michael S. Dell (31 Jan 2007–Till date)

Headquarters: Round Rock, Texas, United States

Founder: Michael S. Dell

Founded: 1 February 1984

Malaysian Badminton legend, Lee Chong Wei announces retirement

  • Former World No 1, Malaysia’s badminton player, Lee Chong Wei aged 36 announced retirement after 19 years of a successful career that included the Olympic medals and 69 world titles.
  • He made his decision after doctor’s advice to ease off in order to avoid a relapse of the nose cancer.
  • He hails from Bagan Serai, Perak, Malaysia.
  • Lee, who spent a total of 348 weeks as world number one but lost six world and Olympic finals, wept as he called it quits months after suffering a cancer scare.

Note:

About Badminton

Equipment: Shuttlecock, racquet

First played: 19th century

Highest governing body: Badminton World Federation

World Games: 1981

Olympic: 1992–present

Team members: Singles or doubles

Priyanka Chopra awarded Danny Kaye Humanitarian Award by UNICEF

  • Actor Priyanka Chopra will be awarded the Danny Kaye Humanitarian Award by UNICEF’s American chapter at their Snowflake Ball in December.
  • The award is named after actor-philanthropist Danny Kaye, who was UNICEF’s first Goodwill Ambassador.
  • The actor is a UNICEF Goodwill Ambassador, as a part of which she visited Ethiopia last month.
  • Priyanka Chopra is known for her contribution to social causes and for being a voice for children’s education.

Note:

About UNICEF

Headquarters: New York, United States

Head: Henrietta H. Fore

Founded: 11 December 1946

Bhola Nath Shukla designated as CMD of Mahanadi Coalfield Ltd

  • On June 13,2019, According to the Personnel ministry,Government of India Bhola Nath Shukla has been appointed as Chairman-cum-Managing Director of Mahanadi Coalfields Ltd for a period up to October 31, 2020.
  • He is currently working as the Director (Technical) of Central Mine Planning and Design Institute Limited.
  • He succeeds Shri Rajiv Ranjan Mishra.

Note:

About Mahanadi Coalfields Ltd

Headquarters: Sambalpur

Founded on: 1992

BharatPe appoints Pratekk Agarwaal as Chief Business Officer

  • Digital payments firm BharatPe, has appointed Pratekk Agarwaal as its Chief Business Officer.
  • Agarwaal has worked across financial services companies like Indostar Capital, Bajaj Capital, and Fullerton India.
  • Agarwaal holds more than 18 years of experience and has worked across financial services companies like Indostar Capital, Bajaj Capital, and Fullerton India.
  • He also co-founded Selfin in December 2016 to work on insurance, financial management, and lending.

Note:

About IndoStar Capital Finance Limited

Headquarters: India

Founded: 2009

PWC Quits as Statutory Auditor of Anil Ambani-led Reliance Capital, Reliance Home Finance

  • Auditing firm PWC Chartered Accountants has resigned as one of the statutory auditors of Reliance Capital & Reliance Home Finance, citing an inability by the Anil Ambani-led firms to satisfactorily resolve certain observations/transactions.
  • PWC has put in its resignation, with effect from 11 June, 2019, citing unsatisfactory response to “certain observations” made by it as a part of the ongoing audit for fiscal 2018-19
  • Both Reliance Capital and Reliance Home Finance said they do “not agree with the reasons given by PWC”.

Note:

About Reliance Capital

CEO: Jai Anmol Ambani (23 Aug 2016–Till date)

Headquarters: Santacruz, Mumbai

Slyvia Miles, Oscar-nominated actress passed away at the age of 94 in Manhattan, New York, U.S.

  • Sylvia Miles, American actress who was nominated for the Academy Award for Best Supporting Actress twice passed away at the age of 94 in Manhattan, New York, U.S.
  • Miles died in an ambulance in New York on the way to a hospital
  • Miles was a veteran actress but not a widely known name when she appeared onscreen for about six minutes in 1969’s “Midnight Cowboy.”

Note:

About Academy awards

Ceremony date: 25 February 2019, 6:30 am IST

Presented by: Academy of Motion Picture Arts and Sciences

Country: United States

Kerala Sahithya Akademi awardee, Poet and lyricist Pazhavila Ramesan passed away at the age of 83 in Thiruvananthapuram, Kerala

  • Pazhavila Ramesan, Poet and lyricist passed away at the age of 83 in Thiruvananthapuram, Kerala.
  • He hailed from Perinadu in Kollam district of Kerala.
  • He was under treatment for age-related ailments
  • Ramesan, 83, a recipient of the Kerala Sahitya Akademi Award for overall contribution, had also penned songs for many Malayalam movies including ‘Malooty’, ‘Uncle Bun’ and ‘Vasudha.’
  • He had also served as the director of Kerala Bhasha Institute for a long time.

Note:

About Kerala

Capital: Thiruvananthapuram

Chief Minister: Pinarayi Vijayan

Odisha to introduce uniform syllabus in universities

  • The Odisha government will introduce a uniform syllabus for undergraduate courses in all universities from the 2019-2020 academic session.
  • Higher Education Minister Arun Kumar Sahu announced that a common syllabus will be introduced across universities from the ensuing academic session.
  • The minister held a meeting with vice-chancellors of all state-run varsities in Bhubaneswar on June 13.

Note:

About Odisha

Capital: Bhubaneswar

Governor: Ganeshi Lal

Chief minister: Naveen Patnaik

Culture Minister inaugurates the exhibition-‘Astitva’

  • Shri Prahlad Singh Patel, Minister of State (I/C) of Culture & Tourism, Government of India inaugurated the exhibition titled “Astitva: The Essence of Prabhakar Barwe”, at National Gallery of Modern Art, New Delhi today.
  • Highlighting the significance of museums, the Culture Minister said that museums are required ‘to look into our past thereby helping us to move forward in life by learning things from the past’.
  • The Minister also added the museums act as a ‘symbol of respect for our ancestors’.
  • The Minister further added that going to the nature and art, helps us to have a peaceful mind and quell arrogance, for this we also need to respect our art & Gurus.

Note:

About Culture Minister

Headquarters: C Wing, Shastri Bhawan, New Delhi

Annual budget: 3,042.05 crores INR (US$420 million, 2019-20 est.)

Try out the quiz ?

1. Farmers have to contribute how many rupees per month under the PM Kisan Pension Yojana to get minimum monthly pension of Rs 3,000 on attainment age of 60 years?

Correct! Wrong!

On June 13, 2019, Ministry of Agriculture and Farmers Welfare announced that farmers in the country are expected to contribute Rs 100 per month under the Pradhan Mantri (PM) Kisan Pension Yojana.

2. Government has reduced the contribution in Employees State Insurance (ESI) from 6.5% to how much percentage?

Correct! Wrong!

The Government reduced the Employees State Insurance (ESI) contribution rate to 4% from 6.5%.

3. Which country has topped in the Global peace index 2019?

Correct! Wrong!

Institute for Economics and Peace released the report, ‘Global peace index 2019’ stated that India ranked 141 among 163 countries on the Global Peace Index. Iceland topped the in the list.

4. “Media Digitalization Focusing on Developing Markets” is the theme of which summit that has held in Cambodia?

Correct! Wrong!

The 16th Edition of Asia Media Summit (AMS) 2019 was held in Siem Reap province, Cambodia from June 12 to June 14, 2019. AMS was held under the topic “Media Digitalization Focusing on Developing Markets” and it gave a call to fight against fake news and cyber-crimes.

5. For which countries Exim Bank has signed a loan agreement for agricultural and railway projects?

Correct! Wrong!

The central bank of the country, the Reserve Bank of India (RBI) notified that Export Import Bank of India (Exim Bank) will provide Line of Credit (LoC) worth $245 million to Ghana and Mozambique for agricultural and railway projects.

6. Which company is the most trusted brand in India?

Correct! Wrong!

Dell tops the list of most trusted brand in India, while Amazon is most trusted Internet Brand: TRA Research 2019.

7. Malaysia player Lee Chong Wei has announced his retirement. He is related with which game?

Correct! Wrong!

Former World No 1, Malaysia’s badminton player, Lee Chong Wei aged 36 announced retirement after 19 years of a successful career that included the Olympic medals and 69 world titles

8. Who will receive Danny Kaye Humanitarian Award by UNICEF?

Correct! Wrong!

Actoress Priyanka Chopra will be awarded the Danny Kaye Humanitarian Award by UNICEF’s American chapter at their Snowflake Ball in December.

9. Who has become CMD of Mahanadi Coalfield Ltd?

Correct! Wrong!

According to the Personnel ministry,Government of India Bhola Nath Shukla has been appointed as Chairman-cum-Managing Director of Mahanadi Coalfields Ltd for a period up to October 31, 2020.

10. Pratekk Agarwaal has appointed as Chief Business Officer of which of the following payment app?

Correct! Wrong!

Digital payments firm BharatPe, has appointed Pratekk Agarwaal as its Chief Business Officer.

11. Who leads the Reliance Capital and Reliance Home Finance?

Correct! Wrong!

PWC Quits as Statutory Auditor of Anil Ambani-led Reliance Capital, Reliance Home Finance

12. Slyvia Miles has passed away. He was a famous....

Correct! Wrong!

Slyvia Miles, Oscar-nominated actress passed away at the age of 94 in Manhattan, New York, U.S.

13. Sahithya Akademi awardee, Poet and lyricist Pazhavila Ramesan has passed away. He was from which state?

Correct! Wrong!

Kerala Sahithya Akademi awardee, Poet and lyricist Pazhavila Ramesan passed away at the age of 83 in Thiruvananthapuram, Kerala.

14. Which state government will introduce a uniform syllabus for undergraduate courses in all universities from the 2019-2020?

Correct! Wrong!

The Odisha government will introduce a uniform syllabus for undergraduate courses in all universities from the 2019-2020 academic session.

15. Culture Minister has inaugurated the exhibition-‘Astitva’ at National Gallery of Modern Art. This Gallery is situated in which city?

Correct! Wrong!

Shri Prahlad Singh Patel, Minister of State (I/C) of Culture & Tourism, Government of India inaugurated the exhibition titled "Astitva: The Essence of Prabhakar Barwe”, at National Gallery of Modern Art, New Delhi today.

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