Current Affairs Quiz - April, 2019

Notes:
The Government of Malawi has launched the pilot tests for the world’s first malaria vaccine – RTS,S (or Mosquirix) -to give partial protection to children up to 2 years of age. The other two African countries – Ghana and Kenya – will introduce the vaccine in the coming weeks. This move is part of World Health Organization (WHO)-coordinated three country pilot programme where the risk of malaria is high and there has been previous success with other childhood vaccines. It aims to reach 360,000 children per year across the three countries. The vaccine has been developed by British drugmaker GlaxoSmithKline (GSK) in partnership with the PATH Malaria Vaccine Initiative. According to WHO, Malaria kills some 435,000 people around the world each year, the majority of them children. Most of these deaths are in Africa, where more than 250,000 children die from the disease every year.

Notes:
Dr. Benny Antony, co-founder of Kochi-based Arjuna Natural Ltd, has been conferred with the National Intellectual Property Award for 2019 in the category of Top Individual for Patents and Commercialization. Along with the National IP Award, the Intellectual Property Office India and the World Intellectual Property Organisation (WIPO) have jointly conferred the ‘WIPO Medal for Inventors’ also to Antony. The Indian Intellectual Property Office bestows National Intellectual Property (IP) awards to outstanding innovators, organisations and companies in the field of patents, designs, trademarks and geographical indications on the occasion of World IP Day every year. Antony is the inventor of the world’s leading patented turmeric extract formulation “BCM-95” and also has over 80 international patents to his credit.

Notes:
The Kotak Mahindra Bank (KMB) has become the first Destination Bank to go live with Net Banking and Debit Card-based authentication solution on NPCI’s e-Mandate API platform. The facility will enable its customers to create electronic mandates (similar to the erstwhile eNACH with Aadhaar + OTP) via both the Debit Card and Net Banking channels. This allows Kotak to go live as a sponsor or acquirer bank for corporates and merchants seeking recurring payments. In a first-of-its-kind initiative in the industry, customers can register both physical and e-mandates on a single platform with validation on the mandate fields to remove rejections on account of various reasons.

Notes:
Rana Dasgupta has won the 2nd edition of Rabindranath Tagore Literary Prize 2019 for his 2010 novel “Solo”, a tale of estrangement and the ultimate failure of material existence. The award consists of an amount of $10,000, a Tagore statue and a certificate. Beside this, the Rabindranath Tagore Literary Prize for social achievement was awarded to Yohei Sasakawa, the World Health Organization Goodwill Ambassador for Leprosy Elimination, for “his incredible efforts to uproot leprosy and great contribution to world peace”. The Prize was also awarded to Taiwan President Tsai Ing-wen as “a beacon of democracy”.

Notes:
The State Bank of India (SBI) has launched India’s first ‘Green Car Loan’ (Electric Vehicle) to encourage customers to buy electric vehicles. The new scheme will offer loan at 20 basis points lesser than the interest rate on the existing car loan schemes. Additionally, borrowers will also get a longer repayment period. The EMI per Rs 1 lakh will be lower at Rs. 1,468 for 96 months against Rs.1,622 for 84 months, based on the maximum tenor, in line with the existing scheme. The move is in line with the Union Government’s endeavour to ensure that India has 30% of EVs out of all vehicles by 2030.

Notes:
General (Retd.) Dalbir Singh Suhag has been appointed as India’s new high commissioner to the Republic of Seychelles. He is expected to take up the assignment shortly. His appointment comes amid deepening military ties between India and the island nation. Incidentally, Suhag was the chief of army staff when India conducted surgical raids across the Line of Control into Pakistan-administered Kashmir in 2016 after the terrorist attack on an Indian army camp in Uri. Seychelles is strategically important to India as New Delhi is developing Assumption Island as a naval base to expand its footprint in the strategically-key region where China has been trying to enhance its military presence.

Notes:
Puranik Yogendra (or Yogi) from Pune has become the first ethnic Indian to contest and win an election in Japan. He has been elected to Edogawa Ward assembly of Tokyo. Hence, this is the first-ever victory of a naturalized Japanese of Indian origin in elections in Japan. Yogi went to Japan to pursue higher studies in 1997 and worked with various IT companies there. He lived there for 20 years and has been the resident of Edogawa for 15 years. Puranik believes that his ties with his adopted home were strengthened after Japan went through earthquake and tsunami in 2011 and he came to know more about the country when would visit the affected area on weekends to help the people affected due to two calamities. Soon after, he obtained Japanese citizenship and came to enter politics; he was fielded by the Constitutional Democratic Party (CDP) of Japan in the recent polls.

Notes:
The Indian Council of Medical Research has launched the ‘Malaria Elimination Research Alliance (MERA) India’ to eliminate malaria from India by 2030. The initiative is a conglomeration of partners working on malaria control. The principal activity of the alliance is to prioritise, plan, conduct, scale up and translate relevant research in a coordinated and combinatorial way in order to have a tangible impact of this research on the population at risk for malaria. The MERA India does not intend to duplicate international efforts rather complement this on a national scale while contributing to the broader global agenda. The alliance will facilitate trans-institutional coordination and collaboration around a shared research agenda which responds not only to programmatic challenges and addresses gaps in available tools but also pro actively contributes to targeted research. It aims to harness and reinforce research in coordinated and combinatorial ways in order to achieve tangible impact on malaria elimination.

Notes:
Bajrang Punia is set to become the first Indian wrestler to fight at iconic Madison Square Garden in New York. Punia, who won the 65kg men’s freestyle gold at the recent 2019 Asian championships, will be among top wrestlers selected by the American governing body for the May 6 tournament. Bajrang will take on two-time US champion Yianni Diakomihalis in the 65kg category in the “Grapple at the Garden” Beat the Streets event, which since 2010 has become a major showcase for international wrestling.

Notes:
The six-member expert committee led by former RBI governor Bimal Jalan was appointed on December 26, 2018 to review the Economic Capital Framework (ECF) for the Reserve Bank of India (RBI). It is in news recently because the Jalan panel is likely to submit its report by June 2019. The panel is expected to spell out details regarding how the RBI should handle its reserves and whether it can transfer its surplus to the government. The report is also expected to detail the amount the central bank should transfer to the government. The terms of reference of the committee would be to review status, need and justification of various provisions, reserves and buffers presently provided for by the RBI. The committee will also review best practices followed by the central banks globally in making assessment and provisions for risks, to which central bank balance sheets are subjected.