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:
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:
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:
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:
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:
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:
According to India’s first-ever ‘Ease of Moving Index 2018’ – India Report 2018, Kolkata has topped the index in terms of cleanliness and affordability of public transport, followed by New Delhi and Chennai. The index offers insights on mobility preferences & aspirations of Indian commuters across 20 cities with a population of over 92 million. It was released by Ola Mobility Institute (OMI), the research and outreach arm of Ola ride-hailing platform. The 2018 report, which was released by the Union Minister for Surface Transport Nitin Gadkari, seeks to offer a comprehensive action plan for cities to further strengthen their public transportation systems and improve the overall state of mobility. Over 43,000 respondents from 20 cities across the country were surveyed. Cities were selected on five parameters — scale, character, culture, economy and geography. The report also assessed the accessibility, efficiency and safety of current transportation facilities. More than 95% of denizens prefer sustainable mobility and 80% observed transport ecosystem has improved over the last five years with 60% reporting using public modes of commute.

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.