Monthly Current Affairs Quiz - November, 2018

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:
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:
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.

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:
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:
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:
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:
On 2nd November 2018, South Africa hosted the 18th Indian Ocean Rim Association (IORA) Council of (Foreign) Ministers Meetings (COM) in Durban under the theme of “IORA – Uniting the Peoples of Africa, Asia, Australasia and the Middle East through Enhanced Co-operation for Peace, Stability and Sustainable Development”. This meeting was held during the on-going celebrations of the 150th year of the birth anniversary of Mahatma Gandhi and the 100th birth anniversary of Nelson Mandela. The Indian delegation was led by Gen.(Dr.) VK Singh (Retd.), Minister of State for External Affairs. The IORA is an international organisation consisting of coastal states bordering the Indian Ocean. The Association comprises 21 member states and its headquarters is located at Ebene, Mauritius.

Notes:
In Tennis, Karen Khachanov has lifted the Who of the following lifted the 2018 Men’s Singles title at the Rolex Paris Masters with a stunning win over World No. 2 Novak Djokovic. In the title clash, Khachanov defeated Djokovic in straight sets by 7-5, 6-4 to end the Serb’s 22-match unbeaten run. With the victory, Khachanov has become the first Russian since Nikolay Davydenko in 2009 to win a Masters 1000 title.

Notes:
India has been elected as a member of the International Telecommunications Union (ITU) Council for another four-year term from 2019 to 2022. The elections to the Council were held during the ongoing ITU Plenipotentiary Conference 2018 at Dubai. India secured 165 votes and ranked third among the 13 countries elected to the council from the Asia-Australasia region, and 8th among the 48 countries elected to the council globally. The ITU has 193 member states who elect representatives to the Council. India has been a regular member of the ITU Council since 1952, and has played an important role in harmonising the contributions of member states from the region, always respecting the principles of equality and consensus-building.