6th July National & International Current Affairs

1. What is the name of operation launched by BSF to fortify border with Pakistan?

Correct! Wrong!

The Border Security Force (BSF) has launched a massive exercise, code named ‘Sudarshan’, to fortify the ‘anti-infiltration grid’ along the Pakistan border in Punjab and Jammu. The exercise will see the entire BSF’s senior field brass, thousands of troops and machinery being deployed in these forward areas. The operation was launched on July 1 and will cover the entire over the 1,000-km length of the India-Pakistan International Border. While Jammu shares about 485-km of the border with Pakistan, about 553-km of the front is in Punjab. It further runs down towards Rajasthan and Gujarat on India’s western flank. The BSF is the primary force guarding this frontier as the ‘first line of defence’.

2. What is the rank of India in Ease of Doing Business (EDB) ranking under ‘Paying Taxes’?

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India’s Ease of Doing Business (EDB) ranking under ‘Paying Taxes’ category jumped from 172 in 2017 to 121 in 2019. In past 5 years, Direct tax revenue increased by over 78% to Rs. 11.37 lakh crore

3.Recently government unveiled 10-point Vision for the decade in the union budget. Which of the following is not one of the vision?

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The Union Minister for Finance and Corporate Affairs Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before the Parliament. The key highlights of Union Budget 2019 are as follows: 10-point Vision for the decade 1. Building Team India with Jan Bhagidari: Minimum Government Maximum Governance. 2. Achieving green Mother Earth and Blue Skies through a pollution-free India. 3. Making Digital India reach every sector of the economy. 4. Launching Gaganyan, Chandrayan, other Space and Satellite programmes. 5. Building physical and social infrastructure. 6. Water, water management, clean rivers. 7. Blue Economy. 8. Self-sufficiency and export of food-grains, pulses, oilseeds, fruits and vegetables. 9. Achieving a healthy society via Ayushman Bharat, well-nourished women & children, safety of citizens. 10. Emphasis on MSMEs, Start-ups, defence manufacturing, automobiles, electronics, fabs and batteries, and medical devices under Make in India

4.Recently Babylon has been declared a Unesco World Heritage Site. It is located in:

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The ancient Mesopotamian city of Babylon has been declared a Unesco World Heritage Site. The city was famous for its Hanging Gardens, which were among the Seven Wonders of the Ancient World. Other new World Heritage Sites: 1. Babylon, Iraq 2. Ancient Ferrous Metallurgy Sites of Burkina Faso 3. Paraty and Ilha Grande, Brazil 4. Vatnajökull National Park, Iceland 5. French Austral Lands and Seas, France 6. Natural and Cultural Heritage of the Ohrid Region, Albania - an extension from the North Macedonian side of the lake, which has been on the World Heritage List since 1979

5. Pradhan Mantri Karam Yogi Maandhan Scheme provide Pension to traders & small shopkeepers with annual turnover less than:

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Under the scheme, a key demand of the trading community, shopkeepers and retail traders will receive a guaranteed monthly pension amount of Rs 3,000 after they reach the age of 60 years. The scheme aims to benefit over 3 crore traders and shopkeepers with turnover of below Rs 1.5 crore The new scheme under the Pardhan Mantri Karam Yogi Maan Dhan Yojana is a voluntary and contributory pension scheme. The scheme will work on a 50:50 contribution basis where a prearranged age-specific payment shall be made by the recipient and a matching contribution by the central government.

6.The author of ' Prashnottara Ratnamalika ' :

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Vice President of India, M. Venkaiah Naidu releases a book titled ‘Vivekadeepini’, a concise book of aphorisms (a memorable expression of a general truth or principle) initially written by Adi Shankaracharya, one of India’s greatest spiritual and literary geniuses. This short book is a summary of Prashnottara Ratnamalika written by Adi Shankaracharya

7. Who among the following is the chairman of High Level Empowered Committee constituted to address the issues of stressed thermal power projects?

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The Government of India constituted a High Level Empowered Committee (HLEC) under the Chairmanship of Cabinet Secretary (PK Sinha) to address the issues of stressed thermal power projects. The committee made its recommendations to resolve the stress in thermal power sector and submitted its report

8.What is the name of organization suggested in union budget to enhance sources of capital for infrastructure financing?

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To enhance sources of capital for infrastructure financing, the Central government will set up a Credit Guarantee Enhancement Corporation in the current financial year 2019-20 While presenting the Union Budget in Parliament, she said investment-driven growth requires access to low-cost capital. It is estimated that India requires investments averaging Rs 20 lakh crore every year. The regulations for setting up a Credit Guarantee Enhancement Corporation have been notified by the Reserve Bank of India (RBI).

9. As per union budget how may kilometers of Metro Rail network has become operational across the country?

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657 kilometers of Metro Rail network has become operational across the country.

10. What is the name of new commercial arm of ISRO announced in Union Budget?

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A new public sector enterprise, New Space India Limited (NSIL), has been incorporated to tap benefits of the Indian Space Research Organisation (ISRO)

11. What is the Maximum Limit of subscription for an individual under Sovereign Gold Bonds scheme?

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Sovereign Gold Bonds scheme was launched by Government of India in November 2015 with the goal of reducing the demand for physical gold and shifting a part of domestic savings, used for purchase of gold, into financial savings. Minimum Investment: in bonds is 1 gram and a maximum limit of subscription of 500 gram/person/fiscal year (April/March). Maximum Limit: of subscription is 4 kg for an individual and Hindu Undivided Family (HUF) and 20 kg maximum subscription limit for trusts and similar entities per fiscal (April-March) Note: Government of India has fixed the price at Rs.3,443 per gram for the new series of Sovereign Gold Bonds (SGBs) opening July 8.

12. What is the name of the scheme introduced in Union budget for quick closure of pending litigations in Central Excise and Service tax from pre-GST regime?

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The government proposed a dispute resolution-cum-amnesty scheme -Legacy Dispute Resolution Scheme, 2019 — aimed at unlocking over Rs 3.75 lakh crore involved in pending cases related to service tax and excise duty. The relief proposed under the scheme varies from 40 per cent to 70 per cent of the tax dues for cases other than voluntary disclosure cases, depending on the amount of tax dues involved. According to a Budget document, the scheme also provides for relief from payment of interest and penalty

6th July National & International Current Affairs
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