Current Affairs Quiz - March, 2019

Notes:
Recently, National drug pricing regulator NPPA has fixed the retail prices of 36 formulations, including those used for treatment of cancer, diabetes, infections, asthma, seizures, inflammation and pain, among others. As per data available with NPPA, the MRP for 105 brands will be reduced up to 85% entailing minimum saving of Rs 105 crore to consumers. The National Pharmaceutical Pricing Authority (NPPA) currently fixes prices of drugs placed in the National List of Essential Medicines (NLEM) under Schedule-I of the DPCO. So far, around 1000 drugs have been brought under price control under the initiative. It also monitors annual price increase for these and the non-scheduled drugs. It also administers Pharma Sahi Dam and Pharma Jan Samadhan platforms for information on medicine prices and registering public grievances. The headquarters of NPPA is located in New Delhi.

Notes:
India has been ranked 47th out of 100 countries in the Inclusive Internet Index (3i) 2019, which is prepared by the ‘Economist Intelligence Unit (EIU) for Facebook. The list is topped by Sweden, followed by Singapore and the US. As per index, there are demonstrable benefits from comprehensive female e-inclusion policies, digital skills programmes and targets for women and girls to Study Science, Technology, Engineering and Mathematics (STEM). This year, the index represented 94% of the world’s population and 96% of global GDP. The study revealed stalled progress on closing the digital divide.

Notes:
On Feb 28, Union Minister for Textiles Smriti Zubin Irani launched a comprehensive programme for the development of knitting and knitwear sector in the country under the PowerTex India scheme in New Delhi. The total outlay for the knitwear scheme is Rs. 47.72 crore & would be in operation till March 31, 2020.The programme for knitting and knitwear units, catering to domestic and exports markets, has 8 components where the industries would get support to install machinery under group work shed scheme, buy yarn, go in for solar energy, have common facilities and create new service centres under public private partnership mode. The scheme envisages creation of new service centres on Public Private Partnership (PPP) model by industry and association in the knitting and knitwear clusters. Some of the major knitwear clusters in the country are Tiruppur, Ludhiana, Kanpur, and Kolkata.

Notes:
The Reserve Bank of India (RBI) has recently constituted an 8-member task force headed by its former deputy governor Usha Thorat to examine issues related to offshore rupee markets and recommend policy measures to ensure the stability of the external value of the domestic currency. The task force will assess the causes behind the development of the offshore rupee market and study the effects of the offshore markets on the rupee exchange rate and market liquidity in the domestic market. It would also recommend measures to address concerns, if any, arising out of offshore rupee trading besides proposing measures to generate incentives for non-residents to access the domestic market. The panel would submit its report by the end of June 2019.

Notes:
The 8th edition of joint military exercise ‘Sampriti-2019’ between the armies of India and Bangladesh has recently started at Bongobondhu Cantonment in Tangail, Bangladesh. The aim of the 14-day exercise is to increase mutual cooperation, bonhomie and camaraderie between the armies of two countries. The exercise is a part of the ongoing India-Bangladesh defence cooperation. The Bangladesh contingent was represented by 36 East Bengal Battalion, while Indian side was represented by 9th Battalion of the Rajputana Rifles.

Notes:
On March 3, Prime Minister Narendra Modi inaugurated an Indo-Russian joint venture (JV) that will manufacture the new 7.62×39 mm caliber Kalashnikov AK-203 rifle in Korwa near Amethi, Uttar Pradesh. The Indo-Russia Rifles Pvt Ltd is a joint venture between India’s Ordnance factory and a Russian firm. It will produce the last series of Kalashnikov rifles in the Korwa Ordnance Factory. AK 203 is the latest derivative of the legendary AK-47 rifle. According to officials, the AK 203 guns would replace the existing India-made INSAS assault rifles in the Army, Air Force and Navy. It is to be noted that Amethi is the parliamentary constituency of Congress president Rahul Gandhi.

Notes:
Prime Minister Narendra Modi has recently addressed the Construction Technology India 2019 conference on ‘Global Housing Technology Challenge’, in New Delhi. Here, PM Modi declared the 2019-2020 as the Year of construction technology in a bid to increase the use of modern technology in the construction sector. The purpose of the 2-day conference was to identify innovative and globally established technologies that can be used in the Indian context. In the event, developers, academia, technology providers, researchers etc. participated. Those technologies which are identified during the conference will be invited to design and build lighthouse projects of around one thousand housing units each in Gujarat, Madhya Pradesh, Tamil Nadu, Jharkhand, Tripura and Uttar Pradesh.

Notes:
Assam Chief Minister Sarbananda Sonowal has recently ordered a ban on molasses in the state in the aftermath of the hooch tragedy in two districts – Golaghat and Jorhat – which claimed 158 lives. Molasses is an important component in making “sulai”, an intoxicating drink widely consumed in the tea garden areas of Assam.

Notes:
Union Minister Dr. Mahesh Sharma has recently inaugurated ‘Azaadi Ke Diwane’ museum at the Red Fort premises in New Delhi. The museum is dedicated to the unsung heroes of the country’s freedom struggle and is built by the Archaeological Survey of India (ASI). It is a modern, state-of-the-art, informative and educational exhibition involving multi-sensory technology to engage the visitors. The ‘Azaadi Ke Diwane’ is the 5th in a series of recently inaugurated ones — the others being the Subhash Chandra Bose and INA museum, the Yaad-e-Jallian museum, the Museum on 1857 (on the India’s first war of Independence) and the Drishyakala (a museum on Indian Art) — on the sacrifices of India’s freedom fighters.

Notes:
Malaysia has become the 124th member of the International Criminal Court (ICC) after ratifying the Rome Statute. It joined the ICC because of the following reasons: Firstly, the downing of Malaysian Airlines flight MH17 in Ukraine and the Rohingya crisis. Secondly, the May 2018 election of Mahathir Mohamad for his 2nd stint as Prime Minister has brought a significant shift in the relationship between the Malaysian government and monarchy. Thirdly, the election of Mahathir and appointment of a new Attorney General, Tommy Thomas, has seen the main legal obstacles to ratification removed. Finally, Malaysia’s decision to ratify the Rome Statute has also been driven by Mahathir’s stated ambition to see his country “play a more active role” in ASEAN and the United Nations. Hence, it is third country of the 10 member states of ASEAN (Association of Southeast Asian Nations), to ratify Rome Statute after Cambodia and Philippines. However, Philippines has announced its withdrawal from the ICC and it is set to take effect from 19th March 2019. Earlier, Burundi became the first country to quit the court in 2017.