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.

Notes:
The scientists at CSIR have developed Less Polluting ‘Green’ Firecrackers which are not only environment friendly but 15-20 % cheaper than the conventional ones. These crackers have been named as Safe Water Releaser (SWAS), Safe Minimal Aluminium (SAFAL) and Safe Thermite Cracker (STAR). The commonly used pollution-causing chemicals – aluminium, barium, potassium nitrate and carbon – have either been removed or sharply reduced in the green crackers to reduce emissions by 15-30% . These eco-friendly firecrackers have the unique property of releasing water vapour and /or air as dust suppressant and diluent for gaseous emissions and matching performance in sound with conventional crackers. SWAS eliminates usage of (KNO3) Potassium nitrate and Sulphur, while STAR eliminates usage of KNO3 and S. On the other side, SAFAL has minimal usage of aluminium (only in flash powder for initiation) as compared to commercial crackers.The main point to be noted here is that these crackers match the same sound intensity with that of commercial crackers in the range of 105-110 decibel. The new crackers have been developed by scientists of two national labs of CSIR- Central Electrochemical Research Institute (CECRI) based in Karaikudi, Tamil Nadu and National Environmental Engineering Research Institute (NEERI) in Nagpur.

Notes:
Recently, the 19th meeting of the Financial Stability and Development Council (FSDC) held under the Chairmanship of the Union Finance Minister Arun Jaitley reviewed the current global and domestic economic situation and financial sector performance. Apart from liquidity in NBFCs (segmental liquidity position and in mutual fund space), the FSDC discussed on various economic issues ranging from oil prices, rupee, inflation to improving cyber security in the financial sector including “progress made towards setting up of a Computer Emergency Response Team in the Financial Sector (CERT-Fin) under a Statutory Framework”. The FSDC is an apex-level body to strengthen and institutionalise the mechanism of maintaining financial stability, financial sector development, inter-regulatory coordination along with monitoring macro-prudential regulation of economy.

Notes:
Naveen Patnaik, the Chief Minister of Odisha, has recently launched ‘Soura Jalanidhi’ scheme which aims at increasing use of solar energy for helping farmers in irrigation. ‘Soura Jalanidhi’ is a dug well based solar pump irrigation system in convergence mode. Under the scheme, 5,000 solar pumps will be provided to farmers at a subsidy of 90 per cent to irrigate 2,500 acres of land. The chief minister also launched the web portal of this scheme on the occasion. The event was attended by 1,000 farmers from 30 districts through video conference. In the first phase, the facility will be available for farmers where electicity is not avaialable for operating pump sets. The solar pumps will be given to the beneficiary farmers at a subsidy of 90%. A total of Rs 27 crore will be spent for the programme. Farmers having valid farmer identification, belonging to small and marginal categories having minimum 0.5 acre cultivable land and a dug well will be covered under the programme.

Notes:
The World Tsunami Awareness Day (WTAD) is observed every year on November 5 to raise awareness about precautionary measures against tsunami and share innovative approaches to risk reduction. Along with risk of large loss of life, the day also highlight the economic losses tsunamis can inflict along vulnerable, densely populated coastlines, shown in red on this map. Tsunamis are rare events, but can be extremely deadly. In the past 100 years, 58 tsunamis have claimed more than 260,000 lives, which is the highest number of deaths than in any other natural hazard. The day was the brainchild of Japan, which due to its repeated, bitter experience has over the years built up major expertise in areas such as tsunami early warning, public action and building back better after a disaster to reduce future impacts.

Notes:
The Ministry of Home Affairs (MHA) has awarded the Assam Police for “good practices” under the Crime and Criminal Tracking Network & Systems (CCTNS), an e-governance project. The award was given for citizen centric service delivery, in which the state police has automated passport verification and Permanent Residential Certificate (PRC) services using the online CCTNS. Under the CCTNS, the force has recently launched a mobile application for ease of availability of services to the citizens, besides the existing online system.

Notes:
N. Ram, the veteran journalist and The Hindu publishing group chairman, has been chosen for the prestigious Raja Ram Mohan Roy Award 2018 for his outstanding contribution towards journalism. The award will be presented by the Press Council of India (PCI) on November 16 on the occasion of the National Press Day (NPD).

Notes:
HSBC Holdings Plc has executed India’s first trade financial transaction using blockchain for a deal involving an export by Reliance Industries Ltd (RIL) to US-based Tricon Energy. The blockchain-enabled letter of credit (LC) reduces transaction timeline from 7-10 days to less than a day. The Letter of Credit (LC) was issued by ING Bank for Tricon Energy USA (importer) with HSBC India as the advisory and negotiation bank for RIL. The blockchain platform was integrated with the electronic bill of lading (eBL) platform to issue and manage an electronic bill of lading. This allows a digital transfer of the title of goods from the seller to the buyer in the underlying trade. It is claimed that the blockchain solution is a major improvement for any organisation involved in buying and selling goods internationally, as it brings together all parties onto one platform. It is a distributed database that maintains a continuously-growing list of ordered records called blocks and is deemed to be very transparent as all the stakeholders can view progress real time.

Notes:
The Ministry of Food Processing Industries (MoFPI) has recently approved the operationalisation strategy for Operation Greens to ensure availability of Tomato, Onion and Potato (TOP) throughout the country round the year without price volatility. Operation Greens was announced in the Budget speech of 2018-19 with an outlay of Rs. 500 crore to stabilize the supply of TOP crops. One of the objectives of “Operation Greens” is the reduction in post-harvest losses by creation of farm gate infrastructure, development of suitable agro-logistics, creation of appropriate storage capacity linking consumption centres.

Notes:
Gaddam Dharmendra, a 1990-batch Indian Foreign Service officer, has been appointed India’s new Ambassador to Iran. He will succeed Saurabh Kumar, who was appointed India’s ambassador to Myanmar. Dharmendra’s appointment comes at a time when the global focus is on oil imports from Iran as the US has recently imposed “the toughest ever” sanctions aimed at altering the Iranian regime’s “behaviour”.