Weekly Current Affairs 15th To 21st June 2019

Weekly Current Affairs 15th To 21st June 2019

International News

The Sultan of Oman grants 'Royal Pardon' to 17 Indians

  • On the occasion of Eid ul Fitr, Oman's Sultan Qaboos bin Said al Said granted a royal pardon to 17 Indians serving various jail sentences in Oman.
  • An Indian consulate was opened in Muscat in February 1955 which was upgraded to a consulate general in 1960 and later into a full-fledged embassy in 1971.
  • Oman established its embassy in New Delhi in 1972 and a consulate general in Mumbai in 1976.
  • India and Oman have had trade and people-to-people ties for several millennia.

UK Government banned Commercial that Reinforce Gender Prejudices

  • Advertising Standards Authority (ASA), UK's advertising watchdog introduced the ban because it found evidence suggesting that adverse stereotypes could restrict the choices, aspirations and opportunities of children, young people and adults.
  • These kinds of stereotypes can be reinforced by some advertisements that play a part in unequal gender outcomes.

India to be Guest at Guadalajara International Book Fair

  • India pavilion at the fair will showcase over 35 Indian authors and artists, along with 15 publishing houses.
  • Ancient and rare manuscripts including "Mahabharata" and "Ramayana" will be put on exhibition, along with photo books, handicrafts, and paintings.
  • The "Festival of India" will showcase folk, classical and contemporary cultural programmes.

Adani Group gets approval for Coal Mine Project in Australia

  • The plan was approved by the central government in April, 2019.
  • Background:
    • Adani Group's mining project in Australia faced various controversies for almost nine years as the environmentalists warned it of the severe damage it might cause to the Great Barrier Reef.
    • It cited the reason as the project threatened the Yakka Skink, Australia's native lizard and a species of ornamental snake found in the area.

Iraq allowed by US to import Iranian gas

  • The United States has allowed Iraq to import Iranian gas for its power grid for another three months by extending a waiver to sanctions.
  • Iraq has had several extensions to the waiver first granted in 2018 after Washington reimposed sanctions on Tehran's oil sector forbidding countries from purchasing Iranian energy.
  • One must know:
    • US reimposed sanctions on Iran's oil industry in November, citing concerns about its nuclear programme and its meddling in the Middle East.

"AWaRe" campaign Launched by WHO to handle AMR

  • The World Health Organization (WHO) launched a global campaign named "AWaRe" urging governments to adopt a tool to reduce the spread of antimicrobial resistance (AMR), adverse events and costs.
  • It classifies antibiotics into three groups - Access, Watch and Reserve.
  • The main aim is to increase the proportion of global consumption of antibiotics in the Access group to at least 60% and to reduce the usage of the antibiotics from the Watch and Reserve groups.

Ireland to ban the sale of New Petrol and Diesel Vehicles

  • Ireland decided to ban the sale of new petrol and diesel vehicles by 2030 as part of a major strategy to protect the environment.
  • They plan to have 950,000 electric vehicles on Irish roads supported by a network of charging stations.
  • This plan also includes the elimination of non-recyclable plastic and higher fees for plastic items which are difficult to recycle.

National News

Amasebailu becomes First 100% Solar Powered Village in Karnataka

  • The village is tagged as a Solar Gram Panchayat with about 1858 houses illuminated with solar lamps.
  • The ratio 30:20 and the rest was paid by the Panchayat and charitable organizations.
  • The installation cost of one solar lamp lies around Rs. 5000 but they were given to household at a subsidized rate of Rs. 1500.

Tripura to set up Museum to showcase R.D. Burman's Work

  • Tripura Chief Minister Biplab Deb has decided to set up a museum dedicated to noted music composer and director Rahul Dev Burman, popularly known as R.D. Burman or 'Pancham Da'.
  • The museum will have rare collections of Pancham Da's music, photographs, recordings and books.
  • R.D. Burman's wife and singer Asha Bhosle has been invited for the inauguration.
  • In 1980, R.D. Burman married singer Asha Bhosle and both of them recorded several hit songs and staged many live performances.

HP Government Makes GPS mandatory for Trekkers

  • The announcement also added that it is important that trekking and other yatras must be restricted during adverse weather.
  • About Himachal Pradesh:
    • Himachal Pradesh got its statehood on 25th January 1971.
    • Chief Minister of Himachal Pradesh is Jai Ram Thakur.

Unemployed Graduates to get up to Rs 3,500 in Rajasthan

  • Unemployed youth who have completed their graduation or equivalent degree will be given unemployment allowance by the Rajasthan government.
  • Male applicants will get Rs 3,000/month.
  • The women and differently-abled will get Rs 3,500/month under the Chief Minister Yuva Sambal Yojana.

Banking

Enhanced Disclosure Guidelines introduced by SEBI

  • Markets regulator Securities and Exchange Board of India (SEBI) introduced enhanced disclosure guidelines for credit rating agencies (CRA).
  • Reason for the move:
    • The recent Infrastructure Leasing and Financial Services Ltd's (IL&FS) liquidity crisis among non-bank lenders in India has focused attention again on credit rating agencies.
  • The Guidelines:
    • The rating companies must create an uniform probability of default benchmark for each rating category on their website, for one-year, two-year and three-year cumulative default rates, both for the short term and long term.
    • They should use marginal default methodology to arrive at default rates.

RBI asks banks to grout their ATMs to a structure

  • The Reserve Bank of India has asked the banks to ensure their ATMs are grouted to a wall, pillar, or floor by the end of September month, except those installed in high secured premises such as airports.
  • The ATMs shall be operated for cash replenishment only with digital One Time Combination (OTC) locks.
  • All banks can also roll out a comprehensive e-surveillance mechanism at the ATMs.
  • About the Committee on Currency Movement (CCM):
    • The RBI had set up a Committee on Currency Movement (CCM) in 2016.

J&K Bank to now comes under RTI Act, CVC guidelines

  • The decision is after the removal of Parvez Ahmed as the Chairman of the J&K Bank.
  • He was accused of alleged corruption, nepotism and favouritism.
  • CVC:
    • Central Vigilance Commission (CVC) is an apex Indian governmental body created in 1964 to address governmental corruption.

Rs.1 Crore Penalty Imposed on HDFC Bank by RBI

  • The Reserve Bank of India (RBI) imposed Rs.1 crore penalty on private sector lender HDFC Bank for violating Know Your Customer (KYC) and Anti-Money Laundering (AML) norms.
  • RBI had received a reference from customs' authorities regarding submission of forged bill of entries (BoEs) by certain importers to the bank for remittance of foreign currency.
  • RBI said that the penalties are based on deficiencies in regulatory compliance.
  • RBI said that a notice was issued to HDFC Bank on why monetary penalty should not be imposed for non-compliance with the directions.

Appointments

Name of the Person Designation
Lt. General Faiz Hameed Director General of Inter-Services Intelligence
Inger Andersen Executive Director of the United Nations Environment Programme 
Jagat Prakash Nadda  BJP's working President
Zuzana Caputova  Slovakia's First Female President
Om Birla 17th Lok Sabha Speaker
Resigns
Sarah Huckabee Sanders White House Press Secretary
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