Monthly Current Affairs Quiz - November, 2018

Notes:
Yeshwant Deo (91), the veteran Marathi musician, has passed away recently in Dadar, Maharashtra on October 31, 2018. He had composed music for many films including Shabana Azmi-starrer “Saaz”. Born on 1st November 1926, Deo was a revered figure in the Marathi music circle and industry where he composed music for more than 40 Marathi films and plays. He worked in All India Radio (AIR) as a sitar player. A recipient of the Lata Mangeshkar award, Yeshwant was also known for his composition in Bhav Geet. He won several awards such as Maharashtra state award for music direction for the play Amrapali (1974). He also published books on devotional music.

Notes:
Justice Naresh Harishchandra Patil has been sworn-in as the new Chief Justice of the Bombay High Court. Maharashtra Governor C Vidyasagar Rao administered the oath of office to Justice Patil at a brief ceremony held at Raj Bhavan. The Bombay High Court is one of the oldest High Courts of India and its principle seat is at Mumbai. Its jurisdiction covers the states of Maharashtra and Goa, and the Union Territories of Daman and Diu and Dadra and Nagar Haveli.

Notes:
The world’s largest airport terminal “under one roof” has officially been opened in Istanbul on October 29, which marks the Republic Day of Turkey. It is dubbed as phase-1A of the project – Istanbul New Airport – will have a capacity to handle 90 million passenger per year. The first phase has costed 7.5 billion Euro. The airport has been envisioned to have a total capacity of up to 200 million passengers, once all four phases are completed in the next 10 years. The new terminal once fully functional by December-end will allow passengers to use its five pier blocks as well as 77 boarding gates and 143 aero-bridges. The new airport is located near the Black Sea coast on the Europe side of Istanbul. It features two runways, while 114 narrow body aircraft can dock with the terminal building at the same time. This new airport is also slated to become Turkish Airlines’ new hub.

Notes:
The Andhra Pradesh government is building a world-class and India’s first ‘Justice City’ within its new capital Amaravati with the vision to provide a state-of-the-art ecosystem built on latest technology for supporting the judicial system in the state. The Justice City will comprise integrated judicial hub spread across 3,309 acres with an estimated population of 2.5 lacs. It is expected to generate employment for more than 1.3 lac people. The Andhra Pradesh Capital Region Development Authority (APCRDA). is the nodal agency which is developing Amaravati.

Notes:
S S Deswal, a 1984 batch IPS officer of Haryana cadre, has been appointed as the new Director General (DG) of Indo-Tibetan Border Police (ITBP) for a period up to his superannuation on August 31, 2021. He succeeded R K Pachnanda. Prior to this post, Deswal was the DG of the Sashastra Seema Bal (SSB). The ITBP was raised on 24 October 1962 under the CRPF Act, in the wake of the Sino-Indian War of 1962. It is one of the five Central Armed Police Forces of India. Apart from its primary task of guarding the 3,488-km India-China border, where ITBP troops are deployed at freezing heights of up to 18,700 feet, the paramilitary force is tasked with rendering a variety of duties in the internal security domain, including undertaking anti-Naxal operations in Chhattisgarh.

Notes:
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.

Notes:
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 US5m guarantee from the World Bank, and is also supported by a US5m 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.

Notes:
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.

Notes:
India and Japan has recently a Loan Agreement worth Rs. 1817 crore for the ‘Project for the Construction of Turga Pumped Storage (I)’ in the State of West Bengal. The purpose of the Project is to strengthen the capability to respond to fluctuation in supply and demand of power and to improve stability of the power supply by constructing the pumped storage facilities, thereby contributing to the Industrial Development and Living Standard Improvement in the State of West Bengal.

Notes:
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.