Monthly Current Affairs Quiz - November, 2018

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:
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.

Notes:
Satyajit Ray’s epic masterpiece ‘Pather Panchali’ has been included in BBC’s 100 best foreign language films list of the 21st century. Ray’s film, which was released in 1955 and the first in his ‘Apu’ trilogy, is the only Indian film that find its spot in the BBC list and is placed at number 15. The list is topped by Akira Kurosawa’s “Seven Samurai”. It was culled out from a poll where over 200 critics from 43 countries picked their best foreign language film. Some of the notable films that featured in the BBC list are — Kurosawa’s ‘Rashomon ‘, Wong Kar-wai’s ‘In the Mood for Love’, Andrei Tarkovsky’s ‘The Mirror’, Asghar Farhadi’s ‘A Separation’, Guillermo del Toro’s ‘Pan’s Labyrinth’, Ingmar Bergman’s ‘The Seventh Seal’ and Alfonso Cuaron’s ‘Y Tu Mama Tambien’, among others. According to BBC, 27 of the highest-rated films were in French, followed by 12 in Mandarin, and 11 each in Italian and Japanese. The BBC said that only four of the 100 films have been directed by women. However, it said that 45% of the critics who took part in the poll were women.

Notes:
Ntozake Shange (70), the noted African-American Playwright, poet and author, has passed away in Maryland, United States on October 27, 2018. Her most acclaimed theatre piece is the 1975 Tony Award-nominated play “For Colored Girls Who Have Considered Suicide/When the Rainbow is Enuf”, which describe the racism, sexism, violence and rape experienced by seven black women. She also penned several novels including Sassafrass, Cypress & Indigo , Liliane, and Betsey Brown.

Notes:
Simone Biles, an American artistic gymnast, has become the first ever gymnast to win 13 world championship gold medals with victory in the individual vault competition in Doha, Qatar on November 2, 2018. She broke the all-time record set by Belarusian male gymnast Vitaly Scherbo in 1996.

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:
The 2nd edition of the India International Cherry Blossom (IICB) festival in Shillong, which is is scheduled to be held from November 14 and 17. It is the world’s only autumn cherry blossom festival. The fest will celebrate the unique mass flowering of autumn Himalayan cherry blossoms with several cultural events in the Meghalaya capital. The visitors can enjoy fashion shows, rock concerts, beauty pageants and also compete in an amateur golf tournament. Alongside, there will be stalls showcasing the food, arts and crafts of the region, and several cultural events and a food pavilion of Japan in partnership with the Embassy of Japan in India. It is expected that the fest will attract more than one lakh visitors from across the world.

Notes:
Under the provisions of Article 124 of the Constitution, the President has recently appointed four new judges — Justices Hemant Gupta, R Subhash Reddy, M R Shah and Ajay Rastogi – of Supreme Court (SC). Chief Justice Ranjan Gogoi administered the oath of office to the four judges. The President’s assent was based on the recommendation of the Supreme Court Collegium consists of CJI Ranjan Gogoi, Justice Madan B Lokur, Justice Kurian Joseph, Justice A K Sikri and Justice S A Bobde. The apex court has a sanctioned strength of 31. With the elevation of these four new judges, the strength has risen from 24 to 28.

Notes:
On November 1, the Ministry of Railways has officially rolled out All-India Unreserved Mobile Ticketing facility (UTS on Mobile) with a view to promote three C’s- Cashless transactions (Digital payment), Contact less ticketing (no need to physically visit the point of sale) and Customer convenience and experience. Now, the facility of booking unreserved tickets, including season tickets and also platform tickets is available through the ‘UTSONMOBILE’ app available for Android, IOS and Windows phones. The booking of unreserved tickets on all non-suburban sections across all Zonal Railways has been made available from 1st November to enable seamless booking of unreserved tickets all over Indian Railways. The ‘UTS on Mobile’ application ‘in house’ has been developed by Centre for Railway Information Systems (CRIS). CRIS was established in 1986 by the Ministry of Railways and its of headquarters CRIS is located in New Delhi.

Notes:
V. Rathinam (99), the veteran freedom fighter and member of Indian National Army (INA) led by Nethaji Subash Chandra Bose, has passed away in South Kodikulam, Tamil Nadu on November 4, 2018. Born on 16th August 1919, Rathinam had moved to Burma when he was a bachelor and joined the INA during the Second World War in the early 1940s. After completing the training programme, he was inducted into the INA and fought against the British. Later, he was imprisoned by the British along with others and served jail terms in different prisons before he was set free from a prison in Kolkata.