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:
Louis Cha Jing-yong (94), a Hong Kong journalist and best-selling Chinese martial arts novelist, has passed away in Happy Valley, Hong Kong on October 30, 2018. Cha’s first novel, “The Book and the Sword,” was published in 1955 and became an instant hit. He went on to write 14 martial arts novels, often under the pen name Jin Yong. His works have the unusual ability to transcend geographical and ideological barriers separating Chinese communities of the world, achieving a greater success than any other contemporary writer. His works have been translated into many languages including English, French, Korean, Japanese, Vietnamese, Thai, Burmese, Malay and Indonesian. According to ‘The Oxford Guide to Contemporary World Literature’, Jin’s novels are considered to be of very high quality and are able to appeal to both highbrow and lowbrow tastes.

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:
The Ministry of Drinking Water and Sanitation (MDWS) organized a seminar on Gandhian Thought and Swachhata in Wardha district of Maharashtra on October 29, 2018. It was part of 150th birth year celebrations of Father of the Nation. The seminar was centered on the Gandhian ideology on sanitation and the implementation of the same through the Swachh Bharat Mission (SBM). It addressed on topics such as appropriate technologies in rural sanitation, organic waste management, and preventive sanitation. The main focus of the seminar was the Gandhi ji’s concept of Swachh evam Swawalambhi Sankul. The SBM campaign is a massive people’s movement, which has shown significant progress with the rural sanitation coverage having increased from 39%, at the launch of the SBM in 2014, to over 95% today. With 8.7 crore toilets constructed, 5.15 lakh villages, 530 districts and 25 States and Union Territories have been declared ODF. The campaign was officially launched on 2nd October 2014 at Rajghat, New Delhi by Prime Minister Narendra Modi.

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:
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:
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:
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:
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 4, the National Seminar on Entrepreneurship and Business Development in Ayurveda was started at Dr. Ambedkar International centre in New Delhi. The 2-day seminar is being organised by Ministry of AYUSH in association with NITI Aayog with the aim of encouraging entrepreneurs and Ayurveda stakeholders towards businesses opportunities in the sector. The seminar is expected to develop awareness among stakeholders about business opportunities, encouraging young entrepreneurs to use modern technologies and highlight opportunities at global level. Experts in marketing, innovation, policymakers, experts in start-up as well as experienced entrepreneurs in Ayurveda pharmaceuticals and hospital industry will guide and share their experiences with the participants. Nearly 800 participants from across the country are expected to take part in the seminar.