Monthly Current Affairs Quiz - November, 2018

Notes:
The Andhra Pradesh government is building a world-class and India’s first ‘Justice City’ within its new capital Amaravati with the vision to provide a state-of-the-art ecosystem built on latest technology for supporting the judicial system in the state. The Justice City will comprise integrated judicial hub spread across 3,309 acres with an estimated population of 2.5 lacs. It is expected to generate employment for more than 1.3 lac people. The Andhra Pradesh Capital Region Development Authority (APCRDA). is the nodal agency which is developing Amaravati.

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:
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:
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:
Recently, China has successfully launched its first geostationary BeiDou-3 satellite ‘G1Q’ into high orbit (about 36,000 km above the Earth) to boost its home-grown BeiDou global satellite navigation system. It was launched from the Xichang Satellite Launch Centre in the southwestern Sichuan Province. In a geostationary orbit, following the Earth’s rotation, it will view the same point on Earth continuously. The satellite is meant to serve countries in the China-proposed Belt and Road Initiative (BRI). Apart from radio navigation system, the satellite is equipped with an improved radio determination satellite service that can provide short message services to 10 million subscribers each hour. With an advanced satellite-based augmentation system, the satellite can also provide low-cost and reliable navigation services to civil aviation clients at home and abroad. The satellite is carrying hydrogen and rubidium atomic clocks, which will play a key role in positioning and timing accuracy. It will be the fourth global satellite navigation system after the United States (US) Global Position System (GPS), Russia’s GLONASS and the European Union’s Galileo. By around 2020, when the BeiDou system goes global, it will have more than 30 satellites.

Notes:
First time in Middle east, Qatar will host the 23rd edition of the World Corporate Games (WCG) in Doha in 2019, which will provide an opportunity for corporations around the world to showcase their competitive prowess through sports. It will be the first time that the WCG incorporate eSports and mindsports. The event features both individual and team competitions, open equally to women and men of all ages and abilities with team events for skilled, semi-skilled or novice participants.It is an all-inclusive event with paragames integrated for various categories as well. The World Corportate Games (WCG) aims to bring together, the local, regional and international business sporting community. The sporting event takes place every one to two years and the 2018 edition was held in Houston in the US.

Notes:
The Reserve Bank of India (RBI) has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies. The PCR will also include data from entities like market regulator SEBI, the Ministry of Corporate Affairs, Goods and Service Tax Network (GSTN) and the Insolvency and Bankruptcy Board of India (IBBI) to enable the banks and financial institutions to get 360 degree profile of existing and prospective borrowers on a real-time basis. The central bank has invited expression of interest for developing the registry from companies with a turnover of over 100 crore rupees in the last three years. The PCR would be the single point of mandatory reporting for all material events for each loan, notwithstanding any threshold in the loan amount or type of borrower. Currently, there are multiple granular credit information repositories in India, with each having somewhat distinct objectives and coverage.

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.