Current Affairs Quiz - April, 2019

Notes:
The Garden Reach Ship Builders and Engineers Ltd (GRSE) has become the first Indian shipyard to build and deliver 100 warships to the Indian Navy, Indian Coast Guard and Mauritius Coast Guard. The 100th Warship “IN LCU L-56” was formally handed over to the Indian Navy. The GRSE is one of India’s leading shipyards, located in Kolkata, West Bengal. It builds and repairs commercial and naval vessels. Presently, GRSE has also started building export ships in a mission to expand its business.

Notes:
Batman will be first inductee into the Comic-Con Museum’s Character Hall of Fame. The honor was announced during the “Happy Birthday Batman!” panel at WonderCon on March 30, when Batman turned 80. The ceremony will take place at the Federal Building in San Diego’s Balboa Park — which is the future site of the Comic-Con Museum, on 17th July 2019. The ceremony will be accompanied by an exhibit of Batman-themed memorabilia and related props and will feature appearances by celebrities and creators whose careers have interacted with the Dark Knight across the years. Batman first appeared in the ‘Detective Comics No. 27’ published on March 30, 1939, created by Bob Kane and Bill Finger.

Notes:
The book titled “Kundan: Saigal’s Life & Music” has been penned by Sharad Dutt, documentary filmmaker and former DDG of Doordarshan. The genius of legendary singer K L Saigal, his timeless compositions and the golden era of Indian cinema have been brought alive in a book. The book has been trans-created in English by Jyoti Sabharwal of Stellar Publishers and will be released on April 4, the 115th birth anniversary of Saigal. Some of Saigal’s all time hits are ‘Jab dil hi toot gaya’, ‘Ek bangla bane nyara’, ‘Dukhake din aab bitat nahin’, ‘Duniyamen hun duniyaka talabgaar nahin hun’ and ‘So ja rajkumari so ja’.

Notes:
The Reserve Bank of India (RBI) has cut its repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points to 6.0% in its first bi-monthly policy statement of the current financial year FY20, with immediate effect. The move will cheer markets and investors and is the second consecutive rate cut by the RBI. It has also maintained the policy stance neutral and lowered the retail inflation and GDP forecasts. This is the second consecutive rate cut from RBI under new Governor Shaktikanta Das, after a rate cut in February 2019. Consequently, the reverse repo rate under the LAF stands adjusted to 5.75%, and the Marginal Standing Facility (MSF) rate and the Bank Rate to 6.25%. These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4% within a band of plus or minus 2% while supporting growth.

Notes:
Phayeng Village of Manipur has been tagged as the India’s first carbon-positive settlement. As part of the carbon-positive village project, Phayeng will receive a grant of Rs10 crore in phases to facilitate afforestation in the catchment of river Maklang that flows along the village. The fund will also be utilised for creation of water bodies, introduction of climate change-resilient varieties of crops, installing solar lights, for setting up a community piggery and poultry farm, an eco-resort, replacing firewood in kitchen with cooking stoves and an indigenous knowledge centre in the village. A village is given the Carbon-Positive Tag if it sequesters more carbon than it emits, slowing the accumulation of greenhouse gases and mitigating the effects of climate change. Phayeng is a scheduled caste village of the Chakpa community in Imphal West district and its conservation efforts are mainly linked to the belief that the forest is a sacred grove. It is surrounded by three densely forested hillocks with fruit trees at centre and a stream flowing through it.

Notes:
Chinese scientists have discovered a possible “death switch” mechanism in plant’s immune system that triggers infected cells to self-destruct, thus limiting the spread of the disease and keeping other parts of the plant healthy. This is as per the findings published in the journal ‘Science’. The discovery provides clues to cell death control and immunity for plants. The researchers hope further research can lead to a new generation of disease-resistant crops that use significantly less pesticide and are more environmentally friendly. The research was done by scientists from Tsinghua University and the Chinese Academy of Sciences’ Institute of Genetics and Development Biology. The ‘death switch’ is usually harmless to the plant because it only affects diseased cells, which are a tiny portion of the entire plant.

Notes:
On April 5, Telecom giant Samsung Electronics released the Galaxy S10 5G in South Korea. It is the world’s first available smartphone with built-in fifth-generation communications. Earlier, South Korea became the first country to roll out a super-fast 5G mobile network nationwide, which allows users to download entire movies almost instantaneously. Three South Korean carriers – SK Telecom, KT and LG Uplus – — held launch events across Seoul for the Galaxy S10, whose base version costs 1.39 million won ($1,200). Thus, commercializing 5G gives South Korea the chance to build around the technology, which is crucial for the future development of devices such as autonomous vehicles and the Internet of Things (IoT).

Notes:
Vipin Anand Monday has recently taken charge as the new Managing Director (MD) of the Life Insurance Corporation of India (LIC). Prior to this, he was in charge of LIC’s western zone, comprising of 23 divisions, covering the states of Maharashtra, Gujarat, Goa and Union Territories of Daman and Diu, and Dadra and Nagar Haveli. During his service of more than 35 years, Anand has handled several important assignments in various capacities and departments. He was instrumental in setting up LIC’s operations in Singapore and Bangladesh.

Notes:
David Malpass, a top US Treasury official in Trump administration, was unanimously selected as the new President of the World Bank for a period of five-years. The World Bank President is Chair of Boards of Directors of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA). The President is also ex officio Chair of Boards of Directors of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and the Administrative Council of the International Centre for Settlement of Investment Disputes (ICSID). Malpass has served on the boards of the Council of the Americas, Economic Club of New York, and the National Committee on US-China Relations.

Notes:
The Badshah of Bollywood, Shah Rukh Khan has been conferred with Honorary Doctorate from University of Law, London. Earlier, he received two honorary doctorates from The University of Edinburgh and The University of Bedfordshire. Over the years, he has established himself as a successful actor, film producer, television host, philanthropist and an entrepreneur. He has lent support to the Indian government’s campaigns, including Pulse Polio and National Aids Control Organization. He has worked closely with several charitable foundations, including the Make-a-Wish Foundation. Besides being an entrepreneur, Shahrukh has forayed into the field of sports with his IPL team Kolkata Knight Riders, aids acid attack survivors through his non-profit organisation Meer Foundation. At the World Economic Forum 2018 held in Davos, he was honoured with the Crystal Award.