Current Affairs Quiz - April, 2019

Notes:
China has successfully tested the world’s first armed amphibious drone boat ‘Marine Lizard’ in Wuhan, capital of Central China’s Hubei Province. Built by Wuchang Shipbuilding Industry Group under China Shipbuilding Industry Corporation (CSIC), the drone ship could be used in land assault operations and is capable of forming a combat triad with aerial drones and other drone ships. The Marine Lizard can be remotely controlled via satellites and have a maximum operation range of 1,200 kms. It possesses the capability of forming a combat triad with aerial drones and other drone ships. The Marine Lizard’s payloads include an electro-optical system and a radar system. In the weapon department, it is equipped with two machine guns and a vertical launching system for anti-ship and anti-aircraft missiles. This amphibious drone boat can autonomously sail, avoid obstacles and plan routes.

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The Defence Research and Development Organisation (DRDO) has recently successfully test fired the underdevelopment long range subsonic cruise missile ‘Nirbhay’ from launch complex-3 of the Integrated Test Range (ITR) at Chandipur, Odisha. It has a operational range of 1000 km and can fly very low to the ground to avoid detection by enemy radar called terrain hugging capability. The state-of-the-art missile is the India’s first indigenously designed and developed long-range sub-sonic cruise missile. It is capable of loitering and cruising at 0.7 Mach at altitude as low as 100 metre and covered the designated target range in 42 minutes and 23 seconds.

Notes:
In Bangladesh, the historic Mujibnagar has recently celebrated on April 17, 2019. The day marks the oath taking ceremony of Bangladesh’s first government in 1971 at Baidyanathtala in Meherpur. On this day in 1971, senior leaders of the liberation movement of Bangladesh had assembled at Baidyanathtala to form the provisional government of independent Bangladesh. Bangabandhu Sheikh Mujibur Rahman was declared the President in absentia as he was arrested and flown to Pakistan after the Pakistan military crackdown on the then ‘East Pakistan’ on the night of March 25, 1971. The day is being observed by political parties and social and cultural organisations through various programs across Bangladesh.

Notes:
International Cricket Council (ICC) Cricket for Good CC has partnered with UNICEF to organise #OneDayforChildren campaign at the Men’s Cricket World Cup 2019. Former England batsman and #OneDay4Children ambassador Nasser Hussain along with all-rounder Chris Woakes launched the tournament-wide campaign focused on bringing the world of cricket together as one team to help build a better world for every child. There will be #OneDay4Children activity throughout all 48 matches of the event, peaking with a day of celebration during the England v India game on 30 June at Edgbaston. The money raised will support UNICEF’s work in cricket playing nations to help children learn to play and be healthy. The tournament will run from 30 May to 14 July. The semi-finals will be played at Old Trafford in Manchester and Edgbaston in Birmingham on 9 and 11 July respectively, while Lord’s will host the final on 14 July. The 10 teams in the tournament will play against each other in a single-league format, with the top four sides after 45 matches to qualify for the two semi-finals.

Notes:
Three Indian student teams won awards in NASA’s 25th edition of Human Exploration Rover Challenge 2019 at the US Space and Rocket Centre in Huntsville, Alabama on April 12-13. The team from KIET Group of Institutions in Ghaziabad won the “AIAA Neil Armstrong Best Design Award” in the college/university division. The Mukesh Patel School of Technology Management and Engineering from Mumbai won the “Frank Joe Sexton Memorial Pit Crew Award” in the college/university division. Lovely Professional University from Phagwara, Punjab, won the STEM Engagement Award. Nearly 100 teams took part in the competition, hailing from 23 states, the District of Columbia and Puerto Rico, as well as a record number of countries, including Bangladesh, Germany, India, Mexico, Morocco and Peru. The competition challenges high school and college teams to design, build and test human-powered roving vehicles inspired by the Apollo lunar missions and future exploration missions to the Moon, Mars and beyond.

Notes:
The World Haemophilia Day (WHD) is observed every year on April 17 to increase awareness of haemophilia and other inherited bleeding disorders. The 2019 theme ‘Outreach and Identification’, encourages people to meet and connect with other people who have had similar experiences, and what it is like.It will be observed with the slogan – ‘Reaching Out: The First Step to Care’. Haemophilia is an inherited genetic disorder that impairs the body’s ability to form clots. This condition is dangerous as it can cause excessive loss of blood in case of injuries, easy bruising, and also bleeding between joints and in the brain. Haemophilia can only be managed but does not have a cure.

Notes:
The Institute for Development and Research in Banking Technology (IDRBT), an arm of Reserve Bank of India (RBI), has launched a 5G Use Cases Lab for banking and financial sector. The use of 5G will change a range of technologies and applications including point of sale machines in the banking sector which were now using 2G . The 5G lab will develop and domesticate 5G use cases and set up a research and development experience platform for banking and financial services. It will also collaborate with various stakeholders including banks, government and financial institutions for 5G promotion and absorption of best practices.

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Saudi Arabia will host the 15th edition of G20 summit in its capital Riyadh, which is scheduled to be held on November 21-22, 2020. This would be the first G20 summit to be hosted by an Arab country. The summit’s agenda will include financial, economic and social issues including energy, the environment, climate, the digital economy, trade, agriculture, healthcare, education and labour. The G20 consists of Germany, the US, Argentina, Australia, Brazil, China, Indonesia, France, South Africa, South Korea, India, the UK, Italy, Japan, Canada, Mexico, Russia, Saudi Arabia, Turkey and the European Union.

Notes:
The Cholamandalam MS General Insurance Company Limited has been certified with ISO 31000:2018 by TUV India for applying a risk management system in line with the standard. The Certificate is an international risk management standard which provides guidelines, principles, framework, and a process for managing risk. It can be used by any organization regardless of its size, activity or sector. The application of these guidelines can be customized to any organization and its context. It is valid for a period of 3 years from April 07, 2019, to April 06, 2022.

Notes:
On April 17, Bank of Maharashtra (BoM) has partnered with M1Xchange Trade Receivables Discounting System (TReDS) platform for MSME bill discounting. TReDS is a digital platform to support Micro, Small and Medium Enterprises (MSMEs) to get their bills financed at a competitive rate through an auction where multiple registered financiers can participate. In addition to TReDS platform of Receivables Exchange of India Ltd (RXIL) & Invoicemart (A.TREDS Ltd), the bank has now on-boarded as financier on the TReDS platform of M1Xchange of Mynd Solutions. Mynd Solutions is a technology management firm which runs the TReDS platform of M1Xchange. The main purpose of TReDS platform is to facilitate smooth flow of liquidity in the system and make finance available at a competitive rate. The cost of funds will be reduced for MSMEs as banks will be bidding based on the risk rating of a corporate.