Current Affairs Quiz - January, 2019

Notes:
Stylish left-handed Indian opener, Smriti Mandhana has won the Rachael Heyhoe Flint Award for the ICC Women’s Cricketer of the Year and also been named as the ICC Women’s ODI Player of the Year. She scored 669 runs at an average of 66.90 in 12 ODIs and 622 runs at a strike-rate of 130.67 in 25 T20Is during the voting period, which ran from 1 January to 31 December 2018. Beside her, Australia’s wicketkeeper-batter Alyssa Healy voted ICC T20I Player of the Year. England’s Sophie Ecclestone named ICC Emerging Player of the Year. Mandhana is only the second Indian woman to win an ICC award after fast bowler Jhulan Goswami who was named the women’s player of the year in 2007.

Notes:
As per 2nd schedule of the RBI Act of 1934, the ESAF Small Finance Bank (SFB) Ltd has got approval from Reserve Bank of India (RBI) to operate as a scheduled bank. This makes ESAF the fifth scheduled bank from Kerala after Federal Bank, South Indian Bank, Catholic Syrian Bank, and Dhanlaxmi Bank. Being a scheduled bank, ESAF can step up resource mobilisation through the issue of certificate of deposits and inter-bank borrowings at competitive rates of interest. The bank can also seek funds from trusts, associations, religious institutions and mutual funds. It will also enable the bank to avail higher refinance facility. It will also assume more responsibility for the implementation of government schemes and Aadhaar enrolment services. ESAF has a presence in urban, semi-urban, rural and unbanked rural areas with a network of 432 banking outlets across 13 States. The headquarters of ESAF is located at Thrissur, Kerala.

Notes:
Norman Gimbel (91), the Oscar & Grammy-winning American lyricist has passed away in New York on December 17, 2018. His lyrics graced hit songs such as Roberta Flack’s “Killing me softly with his song” and Jim Croce’s “I got a name”. He also wrote the English lyrics to the Brazilian bossa nova melody ‘The Girl From Ipanema’.

Notes:
Justice (retd) H L Dattu, the Chairperson of the National Human Rights Commission (NHRC), has recently launched a toll-free number — 14433 — and also a facility to file complaints through Common Service Centre (CSC) at the Manav Adhikar Bhawan, New Delhi. The toll-free number would be available only during the office hours of the NHRC. The commission has shortlisted 750 CSC with at least one each in a district. The service will be expanded to all the CSCs in a phased manner. The NHRC is an autonomous public body constituted on 12th October 1993 under the Protection of Human Rights Ordinance of 28 September 1993. It is responsible for the protection and promotion of human rights, defined by the Act as “rights relating to life, liberty, equality and dignity of the individual guaranteed by the Constitution or embodied in the International Covenants”.

Notes:
India has slashed import taxes on crude and refined palm oil sourced from Southeast Asian (ASEAN) countries after a request from suppliers. According to the official notification, the duty on crude palm oil was lowered to 40% from 44%, while the tax on refined palm oil was cut to 45% from 54% if imported from Malaysia and to 50%, if purchased from Indonesia or other member-nations of ASEAN. India imports 60% — 15.5 million tonnes annually — of its edible oil requirements, largely from Malaysia, Indonesia, Argentina and Ukraine. The reduction will lead to higher imports of palm oil by the world’s biggest edible oil buyer in coming months as it would narrow the difference between the tropical vegetable oil and competitors such as soyabean oil and sunflower oil.

Notes:
Vinod Kumar Yadav, the South Central Railway (SCR) general manager, has been appointed as Chairman of the Railway Board under the Ministry of Railways and ex-officio Principal Secretary to the Government of India. He succeeded Ashwani Lohani. Yadav led SCR to a creditable performance during his tenure as General Manager. The Zone recorded its best ever financial performance in the fiscal year 2017-18, grossing Rs 13,673 crore of originating earnings. SCR won the highest number of performance efficiency shields (six) among all Zones in 2017-18, thereby earning recognition with the highest honour, Pandit Gobind Vallabh Pant Shield for overall performance. Commencing his career on Indian Railways as Assistant Electrical Engineer in February 1982, he held several important executive and managerial positions in Indian Railways.

Notes:
Indian pacer Jasprit Bumrah has become the highest international wicket-taker all formats in the calendar year 2018. He took 48 wickets in 9 Tests, 22 wickets in 13 ODIs and 8 wickets in 8 T20I matches. Hence, a total of 78 wickets in 2018 was taken by Bumrah. He surpassed South Africa’s Kagiso Rabada’s tally of 77 wickets to reach the milestone. While on the third position is Bumrah’s countryman Kuldeep Yadav who took 76 scalps.

Notes:
The Reserve Bank of India (RBI) has appointed an 8-member expert committee headed by former SEBI chairman U.K. Sinha to comprehensively review and propose long-term solutions for the economic and financial sustainability of the Micro, Small and Medium Enterprises (MSME) sector. The MSME sector has been facing stress due to the demonetisation exercise and implementation of GST. The panel would review the current institutional framework in place to support the MSME sector, and examine the factors affecting the timely and adequate availability of finance to the sector. The panel will also review existing MSME-focussed policies and their impact, and study the global best practices with respect to MSMEs and recommend their adoption in India. The committee will submit its report by the end of June 2019.

Notes:
The West Bengal government has launched Krishak Bandhu scheme to provide financial assistance to farmers and landless labourers. The state government will give an annual financial assistance (cash dole) of Rs 5,000 per acre in two instalments – one during kharif and another during rabi – for a single crop. Farmers can take the financial assistance at one go too. Farmers can take the financial assistance at one go too. Under the scheme, the state government also announced a life insurance cover of Rs 2, 00,000 in case of death, irrespective of the cause, of an earning family member (farmer) aged between 18 and 60 years. Farmers need not pay any premium for availing this life insurance cover. The registration of farmers and share-croppers under this scheme will start February onwards. Benefits will accrue from January 1, 2019.

Notes:
C. H. Lokanath (91), a noted Indian Kannada language veteran stage and cine artist, has passed away in Bengaluru, Karnataka on 31st December 2018. He had acted in more than 1000 plays and 650 films. He is affectionately addressed as “Uncle Lokanath” or “Uppinakayi” by the industry people. Some of his noted characters he has played are: Galileo in “Galileo”, Rajaram in “Aspota”, Dr. Faustus in “Dr. Faustus”, Dushtabudhi in “Chandrahasa” and many such plays. His most famous films include “Bhootayyana Maga Ayyu”, “Collegu Ranga”, “Hosa Neeru” and Mane Mane Kathe. He has even acted in several episodes of Malgudi Days.