04th July 2019 Current Affairs

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ICMR released a report on NCDs titled “India: Health of the Nation’s States”

  • On July 02nd, 2019, Indian Council of Medical Research (ICMR) released a report on Non-Communicable Diseases (NCDs) titled “India: Health of the Nation’s States”.
  • Total death in the country due to NCDs was 61.8% in 2016, as compared to 37.9% in 1990.
  • Some examples of common NCDs are diabetes, hypertension, tuberculosis and cancers (Oral, Breast and Cervical cancer).

Note:

About ICMR

Headquarters: New Delhi

Secretary & Director General: Dr. Balram Bhargava

Founder: Government of India

Founded: 1911

Ravi Shankar Prasad, Minister of Electronics and Information Technology, launched commemoration of four years of Digital India initiative

  • Electronics and Information Technology Minister Ravi Shankar Prasad launched a commemoration of 04th years of Digital India initiative in an event at New Delhi.
  • The Digital India initiative was launched on July 01st, 2015.
  • The minister also electronically launched the SAMEER Centre for Electromagnetic Environmental Effects in Visakhapatnam, Wi-Fi enabled Campus Networks at Osmania University, Hyderabad and at North-Eastern Hill University, Shillong and a special issue of Yojana on Citizen Centric e-Services.

Note:

About Ministry  of Electronics and Information Technology

Founded: 19th July 2016

Headquarters: New Delhi

AYUSH collaborated with MeitY for digitisation of AYUSH sector

  • The Ministries of AYUSH and Electronics and Information Technology signed a Memorandum of Understanding in New Delhi today to collaborate on the digitization of the AYUSH sector.
  • The Electronics and Information Technology Ministry has agreed to give technical support to the AYUSH Ministry for planning and development of AYUSH GRID Project.
  • Secretary in the Ministry of Electronics and Information Technology Ajay Prakash Sawhney listed various health initiatives led by the Ministry for digitizing the internal work-flows and processes of hospitals enabling the efficient and online delivery of health care services across the country.

Note:

About AYUSH

Founded: 09th November 2014, India

Headquarters: New Delhi

Jurisdiction: India

IAEA confirms Iran breached enriched Uranium Stockpile limit set by 2015 nuclear deal

  • The International Atomic Energy Agency (IAEA) confirmed that Iran had exceeded a limit of 300 kilograms on its enriched uranium reserves set by a 2015 nuclear deal/Iran deal.
  • Initially, Iranian Foreign Minister Mohammad Javad Zarif had made the announcement that Iran had crossed the limit set on its stockpile of low-enriched uranium.

Note:

About IAEA

Headquarters: Vienna, Austria

Head: Yukiya Amano

Founded: 1957

U.S. Senate passes a legislative provision to grant India a NATO ally-like status

  • The U.S. Senate has passed a legislative provision that brings India at par with America’s NATO allies and countries like Israel and South Korea for increasing defence cooperation.
  • The National Defense Authorisation Act or NDAA for the fiscal year 2020, that contained such a proposal was passed by the U.S. Senate last week.

Note:

About NATO

Headquarters: Brussels, Belgium

Founded: 04th April 1949, Washington, D.C., United States

RBI forms Working group under Tapan Ray to review the regulatory guidelines on core investment companies

  • On July 03rd, 2019, The Reserve Bank of India (RBI) has constituted a six-member working group to review the regulatory and supervisory framework for core investment companies (CIC).
  • “Over the years, corporate group structures have become more complex involving multiple layering and leveraging, which has led to greater inter-connectedness with the financial system through their access to public funds.
  • The central bank said there is a need to strengthen the corporate governance framework of CICs.

Note:

About RBI

Headquarters: Mumbai

Founder: British Raj

Founded: 01st April 1935, Kolkata

Governor: Shaktikanta Das

ICICI Bank tied up with IndoStar Capital for commercial vehicle financing

  • ICICI Bank tied up with IndoStar Capital, a non-banking financial company, for vehicle financing for small and medium fleet owners to buy new and old commercial vehicles.
  • Under this partnership, IndoStar will originate and service the customers through the entire loan life-cycle including sourcing, documentation, collection and loan servicing.
  • ICICI Bank will provide funding to these customers, who have so far limited access to organised credit.

Note:

About ICICI

CEO: Sandeep Bakhshi

Headquarters: Mumbai

Founder: Industrial Credit and Investment Corporation of India

Founded: June 1994, Vadodara

GOI Ratifies International convention to curb company profit sharing

  • The Government recently ratified the multilateral tax convention designed by OECD (Organization for Economic Co-operation and Development) to implement Tax treaty to combat Base Erosion and Profit Shifting (BEPS).
  • This has been done to shrink opportunities for tax avoidance by multinational enterprises.
  • The MLI is a result of concerted work by the G20 countries to tackle the issue of base erosion and profit shifting, something that affects them all.
  • India was part of the Ad Hoc Group of more than 100 countries and jurisdictions from the G20, Organisation for Economic Co-operation and Development (OECD), and other interested countries, which worked on the finalising the text of the Multilateral Convention.

Note:

About OECD

OECD: The Organization for Economic Cooperation and Development

Founded: 30 September 1961

Headquarters: Paris, France

USISPF honors Wipro Chairman Azim Premji & Mastercard CEO and President Ajay Banga with Global Excellence Award 2019

  • Wipro Chairman Azim Premji and Mastercard Chief Executive Officer Ajay Banga would be honoured with the global excellence award for their contribution to strengthening economic ties between the US and India
  • “Premji and Banga will receive the 2019 global excellence award at the second annual leadership summit of the US-India Strategic Partnership Forum in Washington on July 11 for their significant contribution to strengthening the economic ties between the two countries.
  • US President’s senior adviser Jared Kushner will present the awards to Mr Premji and Mr Banga at the summit.

Note:

About Wipro

CEO: Abidali Neemuchwala

Founder: M.H. Hasham Premji

Founded: 29th December 1945, India

Owner: Azim Premji

Headquarters: Bengaluru

Economist David Lipton appointed as IMF interim leader

  • On July 3,2019 International Monetary Fund (IMF) appointed American economist David Lipton as its interim leader.
  • He replaces Christine Lagarde who was nominated to head the European Central Bank.
  • “We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the IMF.

Note:

About IMF

Headquarters: Washington, D.C., United States

CEO: Christine Lagarde

Managing Director (MD): Christine Lagarde

Chief Economist: Gita Gopinath

A.K Misra appointed as an additional director on Board of Directors (BOD) of Jammu and Kashmir Bank by Reserve Bank of India

  • On July 04th, 2019, Reserve Bank of India has appointed AK Misra as an additional director on Board of Directors (BOD) of Jammu and Kashmir Bank.
  • He was the former executive director of RBI. His appointment shall be for a period of two years with effect from July 03rd 2019, to July 2, 2021, or till further orders.

Note:

About Jammu and Kashmir

Governor: Satya Pal Malik

Capitals: Jammu (Winter), Srinagar (Summer)

UIDAI started its first Aadhaar Seva Kendra in Delhi and Vijayawada

  • The Unique Identification Authority of India (UIDAI) has operationalized its first “Aadhaar Seva Kendra” (ASKs) in Delhi and Vijayawada on a pilot basis.
  • UIDAI has a plan to set up 114 such centres by the end of 2019 covering 53 Indian cities.
  • The estimated cost of the project is between Rs 300-400 crore.
  • These centers are similar to the concept of Passport Seva Kendras.

Note:

About UIDAI

Headquarters: New Delhi

CEO: Ajay Bhushan Pandey

Founder: Government of India

Founded: 28th January 2009, India

Karnataka Bank launches web tool for NPA recovery process named ‘Vasool So-Ft’

  • Karnataka Bank Ltd’s Managing Director (MD) and Chief Executive Officer (CEO) Mahabaleshwara MS launched the web tool named ‘Vasool So-Ft’ (Vasool So-Fast) for digitizing the Non-Performing Asset (NPA) recovery process of the bank in Mangalore, Karnataka.
  • It will enable easy and faster processing, real time information and immediate decision making in the recovery area.

Note:

About Karnataka

Chief minister: H. D. Kumaraswamy

Capital: Bengaluru (Executive Branch)

Governor: Vajubhai Vala

CCMB and CDFD sign MoU to develop newer genetic disease diagnostic methods

  • Hyderabad based Indian biotechnology research establishments, Centre for Cellular and Molecular Biology (CCMB) and Centre for DNA Fingerprinting and Diagnostics (CDFD) signed a Memorandum of Understanding (MoU) to enable newer diagnostic methods to treat genetic disorders.
  • The objectives of the MoU also include the provision of quality DNA based diagnostic services to the public at lower costs, to develop newer diagnostic methods and to engage in scientific research to improve understanding of human genetic disorders.
  • “Estimates for genetic disorders show that more than 50 lakh babies are born each year with genetic disease in India.

Note:

About CCMB

Director: Rakesh Mishra

Founded: 1977

Motto: Dedicated to the Nation

Try out the quiz ?

1. Who has launched SAMEER Centre?

Correct! Wrong!

Electronics and Information Technology Minister Ravi Shankar Prasad launched a commemoration of 4 years of Digital India initiative in an event at New Delhi. The Digital India initiative was launched on July 1, 2015. • The minister also electronically launched the SAMEER Centre for Electromagnetic Environmental Effects in Visakhapatnam, Wi-Fi enabled Campus Networks at Osmania University, Hyderabad and at North-Eastern Hill University, Shillong and a special issue of Yojana on Citizen Centric e-Services.

2. Who has released a report on Non-Communicable Diseases (NCDs) titled “India: Health of the Nation’s States”?

Correct! Wrong!

On July 2, 2019, Indian Council of Medical Research (ICMR) released a report on Non-Communicable Diseases (NCDs) titled “India: Health of the Nation’s States”.

3. AYUSH Ministry has collaborated with which of the following for digitisation of AYUSH sector?

Correct! Wrong!

Ravi Shankar Prasad, Minister of Electronics and Information Technology(MeitY), launched commemoration of four years of Digital India initiative

4. Who is Iranian Foreign Minister?

Correct! Wrong!

Iranian Foreign Minister Mohammad Javad Zarif had made the announcement that Iran had crossed the limit set on its stockpile of low-enriched uranium.

5. Which country has got NATO ally-like status by U.S. Senate?

Correct! Wrong!

U.S. Senate passes a legislative provision to grant India a NATO ally-like status.

6. Who is the head of six-member working group to review the regulatory and supervisory framework for core investment companies (CIC)?

Correct! Wrong!

RBI forms Working group under Tapan Ray to review the regulatory guidelines on core investment companies

7. ICICI Bank has tied up with which non-banking financial company for commercial vehicle finance?

Correct! Wrong!

ICICI Bank tied up with IndoStar Capital, a non-banking financial company, for vehicle financing for small and medium fleet owners to buy new and old commercial vehicles.

8. Who has ratified International convention to curb company profit sharing?

Correct! Wrong!

GOI Ratifies International convention to curb company profit sharing

9. Who would be honour with the global excellence award 2019?

Correct! Wrong!

Wipro Chairman Azim Premji and Mastercard Chief Executive Officer Ajay Banga would be honoured with the global excellence award for their contribution to strengthening economic ties between the US and India

10. Who is David Lipton?

Correct! Wrong!

International Monetary Fund (IMF) appointed American economist David Lipton as its interim leader.

11. AK Misra is an additional director of Board of Directors (BOD) of which Bank?

Correct! Wrong!

AK Misra appointed as an additional director on Board of Directors (BOD) of Jammu and Kashmir Bank by Reserve Bank of India

12. “Aadhaar Seva Kendra” has started in which city?

Correct! Wrong!

The Unique Identification Authority of India (UIDAI) has operationalized its first “Aadhaar Seva Kendra” (ASKs) in Delhi and Vijayawada on a pilot basis.

13. Which bank has launched a web tool for NPA recovery process named ‘Vasool So-Ft’?

Correct! Wrong!

Karnataka Bank Ltd’s Managing Director (MD) and Chief Executive Officer (CEO) Mahabaleshwara MS launched the web tool named ‘Vasool So-Ft’ (Vasool So-Fast) for digitizing the Non-Performing Asset (NPA) recovery process of the bank in Mangalore, Karnataka.

14. Centre for Cellular and Molecular Biology (CCMB) has signed a MoU with which of the following to enable newer diagnostic methods to treat genetic disorders?

Correct! Wrong!

Hyderabad based Indian biotechnology research establishments, Centre for Cellular and Molecular Biology (CCMB) and Centre for DNA Fingerprinting and Diagnostics (CDFD) signed a Memorandum of Understanding (MoU) to enable newer diagnostic methods to treat genetic disorders.

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