Current Affairs India - 15-16 July 2016

1. The Central Government has formed a high level committee, headed by Chief Economic Adviser Arvind Subramanian, to review the minimum support price (MSP) and bonus for pulses. The committee is expected to submit its report within two weeks and it will suggest an appropriate policy to promote cultivation of lentils in India and find the measure to contain the rising prices of pulses in the country.

2. Rajesh Kumar Chaturvedi, a 1987- batch IAS officer, has been appointed as the Chairman of the Central Board of Secondary Education (CBSE) for a five-year term.

3. India-s total exports jumped by 1.27% in June compared to same month last year to USD 22.57 billion, reversing a negative trend that started in December 2014. Total imports dropped by 7.33% in the same month to USD 30.69 billion. With this, total trade deficit in June dropped to USD 8.1 billion from USD 10.8 billion in the same month last year.

4. The cabinet committee on Economic Affairs has approved the disinvestment of 15% paid-up equity in NBCC India Ltd. from government's 90% share-holding which aims to raise around Rs 1,700 crore.

5. Indian boxing star Vijender Singh Won the WBO Asia Pacific Super Middleweight title with a dominating win over former WBC European champion Kerry Hope on Saturday night, scaling a new high in his professional career. The 30-year-old Indian took all 10 rounds to systematically dismantle his opening and record his seventh straight win in the circuit.

6. Indian chess player Harika Dronavalli won the Fide Women's Grand Prix by defeating Russia's Olga Girya held in China. She finished on seven points in the round robin tournament featuring the world's top 12 players to be crowned the chess queen in Chengdu, her first GP title.

7. India-s ranking jumped by 11 places to 152nd spot in the latest world football rankings issued by FIFA this week. India defeated Laos 6-1 and 1-0 in the home and away play-off matches to make it to the 2019 Asian Cup qualifying tournament.

Iran (39th) remain Asia's number one ranked team, followed by Korea Republic (48th), Uzbekistan (56th), Japan (57th) and Australia (59th). Argentina remained on top followed by Belgium, Colombia, Germany and Chile.