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:
After Srinagar (J&K), India’s second Tulip Garden will come up at Pithoragarh district of Uttarakhand over 50 hectares of forest land near Chandak hill top at a cost of Rs 50 crore. The proposed tulip garden will be developed by the ONGC under its Corporate Social Responsibility (CSR) programme. Tulip is the flower from Holland that blooms from mid March to May. The site in Mad village near Chandak hilltop for the garden has been selected under the state Government’s ’13 districts, 13 new destinations’ scheme to attract more tourists to the district. According to the project officer of the scheme the land available for the project in Chandak hill top is ideal for the growth of the flower as it is situated at a height of 1,950 metres from the sea surface and remains sunny and cold throughout the year. Tulip is the flower from Holland that blooms from mid March to May.

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:
Vani Kapoor has become the first Indian golfer to earn a card for the Australian Ladies PGA Tour (LPGA) after coming through its first-ever Qualifying Tournament at the Ballarat Golf Club. Vani shot rounds of 71, 78 and 69 to finish at two-over 218 and was tied-12th with three others. Vani has also qualified for Vic Open, co-sanctioned by the Australian LPGA and the US LPGA.

Notes:
The World Wetland Day (WWD) is observed every year on 2nd of to raise awareness about the value of wetlands for humanity and the planet. The day marks adoption of the Convention on Wetlands (also called as Ramsar Convention) on 2nd February 1971, in the Iranian city of Ramsar on shores of the Caspian Sea. The 2019 theme “Wetlands and Climate Change” highlights the importance of healthy and intact wetlands to one of the most pressing challenges of climate change.

Notes:
As per latest survey conducted by Transparency International (TI), Assam has occupied the top slot in the ranking of best practices followed by states in Budget formulation and is followed by Andhra Pradesh and Odisha. The states which figured lower in the ranking were Meghalaya, Manipur and Punjab. The survey was carried out on the basis of four parameters – public disclosure, budgetary process, post budget fiscal management and efforts to make budget more transparent and citizen friendly. Transparency International has stated in its survey report that Assam is the only state out of the 29 states and two union territories which has published a Citizens Budget in the public domain. It also stated that the Assam Government is the only government that has conducted budget awareness campaigns across 17 districts.

Notes:
The Kurdish Iranian journalist, filmmaker and detained refugee, Behrouz Boochani has won the Victorian Prize for Literature for a book he reportedly wrote using the online messaging service WhatsApp. He was awarded the Aus$100,000 (US$72,600) prize for his book “No Friend But the Mountains: Writing from Manus Prison”. He will receive an additional Aus$25,000 after it also won the non-fiction category. The award was accepted by the book’s translator Omid Tofighian, who worked with Boochani over five years to bring the stories to life. It is the most valuable literary prize of Australia. Boochani is an Iranian asylum-seeker, who detained in Papua New Guinea (PNG)’s Manus Island since 2013 under Australian asylum laws when he was found attempting to enter mainland Australia without a valid visa. He is among 600 refugees who remain in camps on the island despite Australia having closed its “regional processing center” there in 2017. Under Australia’s hardline immigration policy, asylum seekers who try to reach the country by boat to Manus Island or Nauru in the Pacific for processing, with those found to be refugees barred from resettling in Australia. The harsh policy is meant to deter people embarking on treacherous sea journeys, but the United Nations and other rights groups have criticised the camps’ conditions and long detention periods.

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:
In Iraq, a renowned novelist & critic Alaa Mashzoub (51) was shot dead by unknown assailants on 2nd of February in the city of Karbala. He was known as a bold writer who was not afraid to broach political and religious taboos in his writings. His research into the history of his hometown was published in two parts as ‘A Summary of Karbala Cultural History’. Mashzoub spoke out against sectarianism and militias. He was known as an outspoken writer who published in a variety of newspapers and wrote several novels, including The Chaos of the Nation (2014) Crime on Facebook (2015), and The Jewish Baths (2017). Mashzoub has 20 published books and has written extensively about Karbala’s history and culture. He has also written about Iraq’s once-thriving Jewish minority. He had been recognized by a number of filmmaking and writing prizes, including a Katara Prize for Arabic Fiction and a prize for his documentary film ‘Doors and Windows’. In recent times, Iraq has seen a number of political assassinations, particularly of outspoken activists. Karbala is about 100 kilometers southwest of Baghdad.

Notes:
The Intermediate-Range Nuclear Forces (INF) Treaty is a Cold War-era missile treaty that was a signed in 1987 between the United States and the Soviet Union. Signed by Ronald Reagan and Mikhail Gorbachev, the treaty barred both countries from deploying land-launched cruise missiles in the 500- to 5,500-km range. It was a key to ending the arms race between the (then) two super powers and helped protect the U.S.’s NATO allies in Europe from Soviet missile attacks. The deal addressed Soviet nuclear-tipped ballistic missiles targeting Western capitals, but put no restrictions on other major military actors such as China. Recently, it is in news because the United States has suspended its obligations under the INF Treaty with Russia effective on 2nd February 2019 and will withdraw from the treaty in six months. Article XV of the treaty mandates a six-month notice period before withdrawal. The reasons for withdrawal are as follows: the Trump and Obama administrations have repeatedly alleged that Russia was violating the treaty by fielding a ground-based cruise missile, the Novator 9M729 (“SSC-8” in NATO terminology) that could strike Europe at a short notice, an allegation that Russia has repeatedly denied. The Russians have raised counter-allegations against the U.S., with regard to launchers for antiballistic missile systems in Europe.