Current Affairs Quiz - April, 2019

Notes:
The World Economic Forum (WEF) in the Middle East and North Africa (MENA) 2019 was held at the Dead Sea in Jordan on April 6 to 7. The 17th WEF meeting in the region called for united efforts to address the most pressing challenges of the area. It was themed on three major visions: generating job opportunities, empowering Arab women and promoting the most intriguing startups that have joined the region’s industry over the past years. Over 1,000 government, business and civil society leaders from more than 50 countries participated in the summit.

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The Bombay Stock Exchange (BSE) has signed a Memorandum of Understanding (MoU) with HDFC Bank to spread awareness about the benefits of listing on BSE Startups platform. The MoU will also extend value-added support for eligible startups, along with BSE for the listing. The move will offer banking and lending solutions to eligible startups already listed or due-to-list on BSE startup platform. Moreover, the ability to access capital via BSE’s startup platform in turn will enable startups to access growth capital and enhance tradability of an otherwise illiquid/ high-risk investment asset class. The exchange had launched the startup platform in December 2018, with an aim to encourage entrepreneurs to get listed and raise equity capital for their growth and expansion. HDFC Bank has 43 million customers, 5,000 branches and 13,160 ATMs across 2,727 Indian towns and cities.

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India’s education technology startup ‘Dost Education’ has bagged a 25,000 Next Billion Edtech Prize 2019 for its ability to empower parents to take charge of their child’s early education by creating short, friendly audio content that is sent to them via their mobile phones. Besides India’s Dost, two other winners also receive 25,000 each included Ubongo from Tanzania and PraxiLabs from Egypt. The prize, which is run by UK-based Varkey Foundation, recognises the most innovative technology destined to have a radical impact on education in low income and emerging world countries.

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In a major boost for the Indian Army, the Government of India (GoI) has recently cleared the procurement of 464 T-90 tanks from Russia in a deal worth over Rs 13,500 crore. Under the new deal, the T-90 tanks would be provided to the Armoured Corps of the force which will use them for deployment along the border with Pakistan. The contract will also include a Make-in-India element for integration at the Heavy Vehicles Factory in Avadi near Chennai. The T-90 would be equipped with thermal imaging night sights to allow the tank commander to strike enemy locations during night battles. The new inductions will also strengthen the Army’s fire-power along the land border stretch with Pakistan — from Jammu in the north till the western flank in Gujarat. The new deal would increase the number of T-90s in the Army to close to 2,000 along with the remaining T-72 and T-55s.

Notes:
India’s flagship programme, the National Mission for Clean Ganga (NMCG) (or Namami Gange) was awarded the distinction of “Public Water Agency of the Year” by Global Water Intelligence at the Global Water Summit (GWS) in London on April 9. The GWS was the major business conference for the water industry worldwide. The coveted awards recognize excellence across the entire international water industry and reward those initiatives in the water, wastewater, and desalination sectors which bring remarkable improvements in the lives of people. The Namami Gange programme an integrated conservation mission with a budget of Rs 20,000 crore to accomplish the objectives of effective abatement of pollution, conservation and rejuvenation of the Ganga. The project covers 8 states and seeks to fully connect all 1,632 Gram Panchayats along the Ganga to a sanitation system by 2022. Its mission aims at providing comprehensive and sustainable solutions for major pollution hot spots along the stretch of 97 towns and 4,465 villages on the Ganga stem.

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On April 11, the Supreme Court (SC) imposed a fine of Rs 20 lakh on the West Bengal government for imposing a ‘virtual’ ban on the public screening of the satirical film Bhobishyoter Bhoot in the state. A bench headed by Justice D Y Chandrachud said the fine amount shall be given to producers and cinema hall owners as compensation for violation of their right to freedom of speech and expression. The court was hearing a plea by the film producer which alleged the movie was taken down from a majority of theatres at the behest of the state authorities. The film, directed by Anik Dutta, was released on February 15. Its story revolves around a group of ghosts, including a politician, who assemble at a refugee camp and try to be relevant in contemporary times. The film was allegedly withdrawn from single-screen theatres and multiplexes a day after its release.

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The report on ‘Political Leaders Position and Action on Air Quality in India 2014-2019’ has recently released by a Delhi-based environment body – Climate Trends. As per report, Uttar Pradesh’s Kanpur has been ranked 1st on the WHO’s list of 15 most polluted cities. Faridabad (Haryana) stood at 2nd position, followed by Varanasi (UP), which is the Lok Sabha constituency of Prime Minister Narendra Modi. The report claimed that the situation in Varanasi is deteriorating as its MP has focused on beautification and infrastructure. The Air Quality index (AQI) in Varanasi reached an alarming 490 in 2017 and 384 — very poor category — in December 2018. The report also noted that MPs of Lucknow and Kanpur — Home Minister Rajnath Singh and senior BJP leader Murli Manohar Joshi respectively — have mostly been silent on the issue of air pollution in their respective constituencies. Gaya and Patna in Bihar are 4th and 5th on the list, while Delhi is 6th and Uttar Pradesh capital Lucknow is 7th. Cities of Agra, Muzaffarpur, Srinagar, Gurugram, Jaipur, Patiala and Jodhpur are also on the WHO list of most polluted cities.

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To empower AGRI, MSME segment and small businesses, the State Bank of India (SBI) has signed the first co-origination loan agreement with PAISALO Digital Limited. It is the first agreement of its kind in the country that SBI has signed. This will introduce a platform for the last mile customer. Here, the loan ticket is designed at Rs 10,000 to Rs 2 lakh. The company expects to disburse 200,000 loan applications in FY20. The move is to enable the customers to reach with ease and use the platform for smooth loan disbursal and repayment easily. PAISALO Digital Ltd is a systemically important non-deposit taking NBFC registered with the Reserve Bank of India and has been in operations since 1992.

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On April 12, the Russia government announced its decision to confer the Order of St Andrew the Apostle – the highest state decoration of the country on Prime Minister Narendra Modi. The decoration is being given to Mr Modi for his exceptional services in promoting special and privileged strategic partnership between the Russian Federation and India and friendly relations between the Russian and Indian people. The Order was established in 1698 by Tsar Peter the Great, in honour of Saint Andrew, the first apostle of Jesus and patron saint of Russia. This is the 7th international award conferred on Mr Modi since he became the premier in 2014. The others are the Zayed Medal of the UAE (2019), the Seoul Peace Prize, UN Champions of the Earth Award, Grand Collar of the State of Palestine (all in 2018), Amir Abdullah Khan Award of Afghanistan and King Abdullaziz Sash of Saudi Arabia (both in 2016). Four of the awards are from Islamic states.

Notes:
The United Nations Population Fund (UNFPA) has recently released a State of World Population 2019 report. The report stated that India’s population grew at an average annual rate of 1.2% between 2010 and 2019 to 1.36 billion, which is more than double the annual growth rate of China. According to the report, in India, total fertility rate per woman was 5.6 in 1969, dropping to 3.7 in 1994 and 2.3 in 2019. India also recorded an improvement in life expectancy at birth. The life expectancy at birth in 1969 was 47 years, growing to 60 years in 1994 and 69 years in 2019. As per India’s population composition in 2019, 27% of the population was in the age bracket of 0-14 years and 10-24 years each, 67% in the 15-64 age bracket and 6% was of the age 65 and above. The report noted that Maternal Mortality Ratio (MMR) in the country dropped from 488 deaths per 100,000 live births in 1994 to 174 deaths per 100,000 live births in 2015.