Current Affairs Quiz - February, 2019

Notes:
The central banks of the UAE and Saudi Arabia have launched a common digital currency called “Aber”, which will be used in financial settlements between the two countries through Blockchains and Distributed Ledgers technologies. It will establish an additional means for the central financial transfer systems of the two countries and enable banks to directly deal with each other in conducting financial remittances. Through this digital currency, both the United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) are studying the impact on the improvement and reduction of remittance costs and the assessments of risks.

Notes:
In Rome, Italian Prime Minister Giuseppe Conte has recently launched the new ‘Africa Centre for Climate and Sustainable Development’ in partnership with the United Nations Development Programme (UNDP) and FAO to fight climate change and boost sustainable development in Africa. The centre will provide a fast-track, demand-driven mechanism for African countries to access grant resources that support policies, initiatives, and best practices on climate change, food security, access to water, clean energy, and accelerating progress on the Sustainable Development Goals (SDGs) in Africa. The Africa Centre has its roots in a declaration endorsed by the G7 meeting of the Environment Ministers in 2017. The new centre is established to facilitate coordination among the G7 and African countries on common initiatives in Africa to develop and scale-up innovative solutions for sustainable development, and to achieve the goals set by the 2015 Paris Agreement and the UN’s 2030 Agenda.

Notes:
Global watchdog Transparency International (TI) has recently released 2018 Corruption Perceptions Index (CPI), which ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and businesspeople. The index uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean. Here, India has improved its ranking and jumped three positions to 78th with a CPI score of 41 at the 2018 index. Denmark has topped the index with 88 points, followed by New Zealand (with 87 points) and Finland with 85. Sudan was the worst with a score of 10 points, while Somalia and Syria followed it up with 13 points each. Overall, more than two-thirds of countries score below 50 in the 2018 CPI, with an average score of only 43. The 2018 index revealed that the continued failure of most countries to significantly control corruption is contributing to a crisis in democracy around the world. While there are exceptions, the data shows that despite some progress, most countries are failing to make serious inroads against corruption.

Notes:
Union Finance Minister Piyush Goyal has been awarded the Carnot prize for his contribution towards sustainable energy solutions by the team of University of Pennsylvania on January 30. The award recognizes Goyal’s tenure as minister of power in which he is credited to have reformed the electricity sector and extended access to electricity to 18,000 villages, as documented by the International Energy Agency (IEA). He was to be awarded the prize by the Kleinman Center for Energy Policy at the University Of Pennsylvania School Of Design in October 2018. But, he had to skip the event because of the Amritsar tragedy in which over 60 people died after being mowed down by a train.

Notes:
Germany, France and the UK have officially set up a payment channel with Iran called INSTEX, to help continue trade and circumvent US sanctions. The long-awaited special payment system will help save the Iran nuclear deal by allowing Tehran to keep trading with EU companies despite Washington re-imposing sanctions after US President Donald Trump abruptly quit the accord in 2018. The three countries have launched the device at a meeting of EU foreign ministers in Bucharest, Romania. The new institution ‘INSTEX’ is a project of the three governments and will receive the formal endorsement of all 28 EU members. The Instrument In Support Of Trade Exchanges (INSTEX) is registered in France and will be headed by German banker Per Fischer, a former Commerzbank director.

Notes:
Rishi Kumar Shukla, a 1983-batch IPS officer of Madhya Pradesh Cadre, has been appointed the new Director of the Central Bureau of Investigation (CBI). He will serve in the post for a period of two years. The High-Level Committee chaired by Prime Minister approved the appointment of Mr Shukla to the post. He succeeded M. Nageshwara Rao, who was working as Interim Chief of the Agency. The post of CBI Chief has been lying vacant since 10th of January 2019 after the exit of Alok Kumar Verma following accusations of corruption against him by former CBI Special Director Rakesh Asthana who is also allegedly accused of corruption charges. Prior to being appointed as the director of the CBI, Mr. Shukla has served as Madhya Pradesh DGP in 2016 and was presently the chairman of the Madhya Pradesh Police Housing Corporation (PHC) in Bhopal.

Notes:
Sana Mir, the former Pakistan captain, has become the first Asian woman cricketer to play hundred T20 Internationals (T20Is). She achieved the feat when she took the field against West Indies during the third T20I in Karachi on February 3, 2019. Overall, Mir is the only sixth woman from around the world to play 100 T20Is. Daendra Dottin of West Indies tops the list with a total of 109 T20Is to her name. In the Asian list, Sana is followed by fellow Pakistan cricketer Bismah Maroo (94 T20Is) and India’s Harmanpreet Kaur on third position (93 T20Is).

Notes:
Ladu Kishore Swain (71), the senior Biju Janata Dal (BJD) leader, has passed away in Bhubaneswar on 5 February 2019. He was elected to the 16th Lok Sabha in May 2014 from Aska constituency of Odisha.

Notes:
In a huge relief to a number of students who fail to qualify to enter into prestigious institutions like IITs due to negative marking, the Madras High Court ruled against negative marking in competitive examinations saying they are bad in law. The Court stated that the practice of awarding negative marks will eradicate intelligent guessing in competitive exams. The judgment was passed while disposing of a writ petition filed in 2013 by an IIT JEE aspirant S. Nelson Prabhakar (a Scheduled Caste student), who failed to clear the Mains due to negative marking.

Notes:
Dakshayani, an 88-year-old captive she-elephant in Kerala, has died at a care centre at nearby Pappanamcode in Thiruvananthapuram, Kerala on 5th February 2019. She was the oldest captive elephant in Asia and Guinness record holder. She was also called the ‘Gaja Muthassi’ (grandmother of elephants). In 2016, she was conferred the “Gaja Muthassi” (elephant granny) title and entered the Guinness book of records. The Postal department had also brought out a postal cover on the elephant. Dakshayini had been a resident at the Chengallur Mahadeva temple in Thiruvananthapuram for the last 70 years and was owned by Travancore Devaswom Board (TDB).