Daily Current Affairs, 21st June 2019

1) International Day of Yoga: 21 June

•The International Day of Yoga is being observed on 21st June every year.

•The International Day of Yoga aims to raise awareness worldwide of the many benefits of practicing yoga. This is the 5th Edition of International Day of Yoga.

•Theme: Yoga for Climate Action

2) World Music Day: 21 June

•World Music Day is observed every year on June 21. Each year there are events in over 120 countries and 700 cities around the world, not including France where there were too many events to count. The event is also known as Fête de la Musique (or World Music Day) and originated in France in 1982.

3) 35000 km of highways to be built by 2022 under Bharatmala

•According to the President of India, construction or upgradation of about 35,000 kilometres of national highways are to be undertaken by 2022 under the ‘Bharatmala Project’.

•Also, under the ‘Sagarmala Project’, a network of good quality roads are to be constructed in coastal areas and areas adjoining ports.

4) World Archery appoints Bindra to sort AAI trouble

•World Archery appointed Abhinav Bindra as an independent person to sort out the ongoing mess in the Archery Association of India (AAI).

•AAI violated the constitution by unanimously electing two parallel bodies in Chandigarh and New Delhi. 

5) SEBI sets up panel to review margins on derivatives

•NSE Clearing Ltd. will head the panel set up by SEBI to review margins on derivatives. The panel will submit its recommendations to the Secondary Market Advisory Committee.

•These margins on the derivatives segment are pushing up the cost of trading while not managing risk in the most efficient manner.

6) 249 startups were given financial support with FFS: DPIIT

•According to Department for Promotion of Industry and Internal Trade, Fund of Funds for Startups have provided financial support to 249 startups in last 3 years. The DPIIT is the monitoring agency and Small Industries Development Bank of India is the operating agency for FFS.

•FFS contributes to the corpus of SEBI registered Alternative Investment Funds (AIFs).These AIFs in turn have to invest at least twice the contribution under FFS in startups.

7) Bronze for India in the 58th Ostrava Golden Spike Athletics meet

•Annu Rani won the women’s javelin bronze in the 58th Ostrava Golden Spike athletics meet, an IAAF World Challenge event.

•While Croatia’s Sara Kolak took the gold and Slovenia’s Martina Ratej bagged the silver.