Monthly Current Affairs Quiz - November, 2018

Notes:
Nobel Prize Winner Malala Yousafzai will be honoured by Harvard University for her work promoting girls’ education. The award will be conferred with the 2018 Gleitsman Award at a ceremony on 6th December. Currently, Yousafzai is a student at Oxford University in England. The Gleitsman Award provides $125,000 for activism that has improved quality of life around the world. Yousafzai became the youngest person to win the Nobel Peace Prize in 2014 when she was recognized for her global work supporting schooling for all children. As a teen in Pakistan, she survived an assassination attempt by the Taliban. She later founded the nonprofit Malala Fund to support her work.

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The Kingdom of Netherlands will be the Partner Country at the 25th DST – CII Technology Summit 2019. It was recently announced by Dr. Harsh Vardhan, Union Minister for Science & Technology, Earth Sciences, Environment,Forest and Climate Change. The Minister highlighted the successful bilateral research cooperation between India and Netherlands in sectors such as affordable medical devices, urban water systems, big data and Internet of Things (IoT). The Summit will be organised by Department of Science and Technology (DST) and the Confederation of Indian Industry (CII) in collaboration with the Netherlands government.

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On November 1, former Indian cricket captain Rahul Dravid has officially been inducted into the ICC Cricket Hall of Fame for his stupendous achievements in international cricket. In a ceremony held ahead of the fifth and final ODI between India and West Indies in Thiruvananthapuram, Dravid was presented with the HoF cap by Sunil Gavaskar. With this, Dravid became only the fifth player from India to be named in the elite list. The other four Indians are former skippers Bishan Singh Bedi, Sunil Gavaskar, Kapil Dev and Anil Kumble. Dravid, also popularly known as ‘the Wall’ had been a long-standing rock of Indian cricket for over 15 years. In all, he aggregated 13,288 runs in 164 Tests with 36 centuries and 10,889 runs in 344 ODIs with 12 centuries. He was also a brilliant slip fielder and finished his Test career in 2012 with 210 catches, which is a world record. He is currently the head coach of India A and India U-19 sides.

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The Republic of Seychelles has launched the world’s first sovereign blue bond – a financial instrument designed to support sustainable marine and fisheries projects. The bond developed with the assistance of the World Bank & was placed to 3 investors: Calvert Impact Capital, Nuveen and Prudential. The blue bond has a US$5m guarantee from the World Bank, and is also supported by a US$5m concessional loan from the Global Environment Facility (GEF) which will partially cover interest payments.The blue bond demonstrates the potential for countries to harness capital markets for financing the sustainable use of marine resources. It will include support for the expansion of marine protected areas, improved governance of priority fisheries and the development of the Seychelles’ blue economy.

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Justice Debasish Kar Gupta has recently been sworn-in as the new chief justice of the Calcutta High Court. It is the oldest High Court in India and has jurisdiction over the state of West Bengal and the Union Territory of the Andaman and Nicobar Islands. The seat of the High Court is Kolkata, capital of West Bengal. The High Court building’s design is based on the Cloth Hall, Ypres, in Belgium.

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On November 1, the Union Cabinet has approved a proposal to rename the Jharsuguda airport of Odisha after eminent freedom fighter Veer Surendra Sai. Renaming of the Jharsuguda airport in his name will fulfill long-pending demand of the Odisha Government, which reflects the sentiments of the local public of the respective area. It will also be a befitting tribute to the contribution of the revered personality associated with the State. Veer Surendra Sai, who was born on 22nd January 1809 in Sambalpur district of the State, had sacrificed his life fighting against British East India company. He and his associates resisted the British and successfully protected most parts of Western Odisha region for some time from the British rule. Many of them were hanged by the British & a few died in the Cellular Jail in the Andamans. Surendra Sai died in Asirgarh Jail on 23rd May 1884.

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The Reserve Bank of India (RBI) has recently permitted banks to grant Partial Credit Enhancement (PCE), or a partial guarantee, to bonds issued by systematically important non-deposit taking Non-Banking Financial Companies (NBFC-ND-SIs) registered with the Reserve Bank of India and Housing Finance Companies (HFCs) registered with National Housing Bank. The move is aimed at enhancing the credit rating of the bonds and enabling these NBFCs to access funds from the bond market on better terms. PCE is expected to help NBFCs and HFCs raise money from insurance and provident or pension funds who invest only in highly-rated instruments. The proceeds from the bonds, whose tenor cannot be less than three years, backed by PCE from banks can only be utilised for refinancing the existing debt. The central bank has restricted the exposure of a bank through PCEs to bonds issued by each such NBFC or HFC to 1% of capital funds of the bank within the current single and group borrower exposure limits.

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The United Nations (UN) has designated every 31st of October as World Cities Day (WCD) to promote the international community’s interest in global urbanization, enhance cooperation among countries and cities in meeting opportunities and addressing challenges of urbanization, and contribute to sustainable urban development. This year, the United Nations has selected the 2018 theme ‘Building Sustainable and Resilient Cities’ because cities need support to become resilient and develop their capacity to absorb the impact of hazards, protect and preserve human life and limit damage to and destruction of public and private assets while continuing to provide infrastructure and services after a crisis. The main event was celebrated in Liverpool, UK.

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Mary Kom, a five-time World Champion, has been named the Brand Ambassador of the 10th edition of theWomen’s World Boxing Championships (WWBC-2018). The World Championships is scheduled to be held at the IG Stadium’s K.D. Jhadav Hall in New Delhi from November 15 and 24. It will see close to 300 pugilists from 70 countries across 10 weight categories, the tournament’s highest-ever participation, including Olympic medalists, World and European Champions.

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India was partner country at Videocitta 2018 in the Rome Film Festival 2018, which was held from 18th to 28th October. The Indian delegation at the Film Festival was lead by Ashok Kumar Parmar, Joint Secretary of Ministry of I&B. The agenda of the Indian delegation was to showcase Indian films’ heritage, ease of film shooting in India, promoted film shooting locations in India, International Film Festival of India, Indian Cinema from different regions, Audio Visual Co-Production between India and Italy. This year, “Mare Pyare Prime Minister” was the India’s lone entry in Rome Film Festival. The film revolves around four children living in a Mumbai slum. One of them wants to build a toilet for his single mother and makes an appeal to the Prime Minister.