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:
Noted Malayalam writer M Mukundan has been selected for 2018 Ezhuthachan Puraskaram, the highest literacy prize of the Kerala government. The award, which carries a cash prize of Rs five lakh and citation, is being given for his overall contributions to the language and literature. His popular works inlcude ‘Mayyazhippuzhayude Theerangalil’, ‘Kesavante Vilapangal’, ‘Delhi Gadhakal’, ‘Appam Chudunna Kunkiyamma’ and ‘Lesli Achante Kadangal’.

Notes:
India has been ranked 77th in the World Bank’s Ease of Doing Business Index 2018 . With this, India has jumped 23 places from 2017 in which it was ranked at 100th. In its annual ‘Doing Business’ 2019 report, World Bank stated that India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.The report also recognises India as one of the top 10 improvers in this year’s assessment, for the 2nd successive time. The Index ranks 190 countries across 10 indicators ranged across the lifecycle of a business from ‘starting a business’ to ‘resolving insolvency’. These parameters include ease of starting a business, construction permits, getting electricity, getting credit, paying taxes, trade across borders, enforcing contracts and resolving insolvency. New Zealand tops the list, followed by Singapore, Denmark, and Hong Kong.

Notes:
On October 31, Prime Minister Narendra Modi unveiled the ‘Statue of Unity’ in Narmada district of Gujarat on the birth anniversary of Sardar Vallabhbhai Patel. Sardar Patel – who served as the first Home Minister of independent India – is credited with uniting all 562 princely states in pre-independent India to build the Republic of India. That is why it is called the ‘Statue Of Unity’. It is the world’s tallest statue, with a height of 182m. It located around 3.5 km downstream from the Sardar Sarovar Dam, on islet Sadhu Bet on the bed of the river Narmada. The statue was designed by 93-year-old acclaimed sculptor Ram V. Sutar, who is Padma Bhushan awardee. It is built by Larsen & Toubro Ltd at a cost of Rs. 2,989 crore. The Statue of Unity is made up of 70,000 tonnes of cement, 18,500 tonnes of reinforcement steel, 6,000 tonnes of structural steel and 1,700 metric tonnes of bronze, which was used for the outer cladding of the structure. The viewing gallery at the height of 135 metres can accommodate up to 200 people at a time.

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:
Recently, the first-ever India-US Dialogue On Intellectual Property (IP) was launched in New Delhi to deepen bilateral strategic cooperation on IP policy. The dialogue was launched by US Chamber of Commerce’s Global Innovation Policy Center (GIPC) and FICCI in partnership with the US-India Business Council. It will be convened annually, alternating between New Delhi and Washington DC. The dialogue aims to identify solutions, and also share technical knowledge and expertise. The US-India Business Council, which was formed in 1975, is a business advocacy organisation comprised of 350 top-tier US and Indian companies advancing US-India commercial ties.

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.

Notes:
The first Global Conference on Air Pollution and Health was held at World Health Organisation (WHO) Headquarters in Geneva on October 30, 2018. The 2-day conference was organized by WHO in collaboration with UN Environment, World Meteorological Organization (WMO), the Secretariat of the UNFCCC, the Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC) and the United Nations Economic Commission for Europe (UNECE). The theme of the conference was: “Improving Air Quality, Combating Climate Change- Saving Lives”. Some 92% of people worldwide breathe unhealthy air, resulting in about 6.5 million deaths annually. In it, household air pollution is a leading killer in poor rural and urban homes. Thus, the event responds to a World Health Assembly mandate to combat one of the world’s most significant causes of premature death. At the conclusion of the Conference, participants agreed an aspirational goal of reducing the number of deaths from air pollution by two thirds by 2030.

Notes:
India’s first asymmetrical cable-stayed bridge “Signature Bridge” has recently inaugurated by the Chief Minister of Delhi, Arvind Kejriwal across the Yamuna River. The bridge connects Outer Ring Road on the western flank of the Yamuna river with the Wazirabad Road on the east. It shortens the travel time between north and northeast Delhi. The 675-metre long bridge, originally conceptualised in 2004, has finally available for public use from November 5. Just like the Eiffel Tower in France, Signature Bridge will also have the facility to transport tourists on top of the main pillar, which is 154 m high, from where distance view of North Delhi can be seen.The pylon of the Signature bridge is tallest structure in Delhi and is double the height of Qutb Minar, which act as selfie points for people.

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).