Current Affairs Quiz - February, 2019

Notes:
An Iranian naval force has started a massive three-day drill, codenamed “Velayat 97”, across two million square kilometers of sea between the Straits of Hormuz and the Indian Ocean, including a sensitive global shipping route. The drill will showcase Iran’s submarines, warships, helicopters and drones. It is being held from the Strait of Hormuz to the southeastern coasts of Makran, the Sea of Oman and the northern parts of the Indian Ocean, down to the 10-degrees latitude. The naval exercise comes at a time of tensions with the US, after Washington condemned Iran at the summit in Warsaw. In addition Iran has upped tensions with Saudi Arabia after a terror attack in southeastern Iran, which Tehran blamed partly on Riyadh. Iran has also recently condemned the United Arab Emirates, Israel and the US. Sending its navy to the Strait of Hormuz, a major chokepoint for the world’s oil, is provocative. The Strait of Hormuz is an international transit route where American forces routinely pass and which has seen tense encounters between them and Iranian forces in the past.

Notes:
The Central Board of Direct Taxes (CBDT) has formed a four-member committee to look into the matter of taxation related pain points and submit its final report and recommendations by mid-March 2019. Its recommendations could include applying a filter for tax officer before a notice is issued and setting a time limit for concluding an investigation. The committee is head by income tax commissioner Sanjeev Sharma.

Notes:
The Odisha government has launched a boat ambulance service to ferry patients to hospitals in remote areas. The service includes six boat ambulances and 60 jetties with walkway. The operational cost of the ambulances is estimated to be around Rs 90 lakh per annum. This new facility is hope for residents who live in far-flung areas and river-locked pockets of the state. The floating ambulances will cater to the needs of people in areas where the ‘108’ ambulance service has failed to make headway, due to lack of proper road route. The first boat ambulance was launched at Batighar in the Kendrapara district. The total project cost Rs 5.40 crore.

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The New Bilaspur-Manali-Leh railway line will be the world’s highest railway line, which will consists of total 30 stations. It will lie along the Indo-China border & is expected to be completed by the year 2022. This new rail line will not only increase tourism but, will also help the armed forces. And also, the journey from Delhi-Leh will be completed in half time. The estimated cost of the project is pegged at Rs 83,360 crore. Once complete, the 465-km railway line will be the world’s highest railway track. At its highest point, the track would be at a height of 5,360 m above sea level. The 52% of the total 465 km length will pass through tunnels. The longest tunnel will be 27 km long. The total length of the tunnels is expected to be around 244 km. The project will also have almost 400 small bridges, 124 major bridges and about 74 tunnels. Once completed, trains on this line will run at a speed of 75 Kmph, which will reduce the time required to travel between New Delhi and Leh from 40 hours to just 20 hours. Leh is the most important town in Ladakh region of J&K State having approximately 1.5 lakhs population. It has a high footfall of Indian & Foreign tourists each year.

Notes:
On 25th February, Prime Minister Narendra Modi has officially launched PM-KISAN (Pradhan Mantri Kisan Samman Nidhi Yojana) scheme from Gorakhpur in Uttar Pradesh. The scheme was announced in the interim Budget 2019-20 on1st February 2019. It is a Central Sector scheme with 100% funding from Government of India. Under the Scheme, Rs 6,000 will be given per year to small and marginal farmer families having combined land holding/ownership of upto 2 hectares. The amount will be given in three installments of Rs.2000 each. The amount will be transferred directly to the bank account of beneficiaries through Direct Benefit Transfer. DBT will ensure transparency in the entire process and will save time for the farmers. The Scheme was introduced to augment the income of the Small and Marginal Farmers (SMFs). It is estimated to benefit more than 12 crore small and marginal farmers. The aim of the scheme is to supplement the financial needs of the SMFs in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income at the end of the each crop cycle. This would also protect them from falling in the clutches of moneylenders for meeting such expenses and ensure their continuance in the farming activities.

Notes:
The first-ever Skill Saathi Youth Conclave has inaugurated by Union Skill Development Minister Dharmendra Pradhan at Rail Auditorium in Bhubaneswar, Odisha. The program aims to create a mass movement around skill development in the state and inspire youth to make the most of various skill development opportunities in the country. The conclave was aired live across 427 locations in Odisha, where more than 2 lakh candidates were mobilized for career counseling under Skill Saathi initiative. The initiative provides information on vocational training programs under Skill India mission, conduct psychometric test and provide face-to-face counselling interventions to guide aspirants to make the right choice of based on their interest and aptitude.

Notes:
Zimbabwe has recently introduced its new currency, dubbed as Real Time Gross Settlement (RTGS) dollar, after the Reserve Bank of Zimbabwe (RBZ) announced measures to try and resolve a chronic monetary crisis. The new currency replaces electronic bank savings called digital dollars and the bond notes, and was named after the RTGS system that banks use to transfer money between each other. The currency was launched at an initial rate of 2.5 RTGS dollars per US dollar. The RTGS dollar is supposed to bring together bond notes and debit card and mobile money payments to make sure that they are all worth the same.

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In Kerala, the International Advertising Association (IAA) hosted the 44th edition of IAA World Congress 2019 at the Grand Hyatt Lulu International Convention Centre in Kochi from February 20 to 22. The theme of the IAA World Congress was ‘Brand Dharma’ which enlightened the delegates about the basic principles a brand has to follow to connect with its customers and society at large. Around 2,000 delegates from India and abroad participated in the event. The New York-based IAA has a presence in 55 countries, and consists of advertisers, advertising agencies and the media. The World Congress is held every alternate year in various destinations around the world.

Notes:
Assam Chief Minister Sarbananda Sonowal has recently launched the PRANAM Commission for protection of parents of state government employees. The Commission will look after the issues concerning a PRANAM (Parents Responsibility and Norms for Accountability and Monitoring) Bill to protect elderly parents of government employees in their times of need. PRANAM Bill, which was approved by the state cabinet in 2018, makes it mandatory for state government employees to look after their parents and unmarried Divyang siblings who do not have their own sources of income. As per the Bill, if the PRANAM Commission gets a complaint that parents of a state government employee is being ignored, and then 10 or 15% of the employee’s salary will be deducted by the government and paid to the parents or differently-abled siblings.

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Leg-spinner Rashid Khan claimed a hat-trick and became the first-ever bowler to bag four wickets in four deliveries in Twenty20 Internationals (T20I) on February 17, 2019. Rashid’s impressive bowling performance in the third and final T20I also helped Afghanistan sweep the T20I series by a margin of 3-0 against Ireland in Dehradun. With this feat, Rashid also became the 7th bowler in the T20I history to bag a hat-trick and in the process also completed his second five-wicket haul in the format. Overall, Khan became the 2nd bowler in the history of the sport to do so in international cricket after Sri Lankan veteran Lasith Malinga pick up 4 wickets in 4 balls. Malinga achieved the milestone during the 2007 Cricket World Cup against South Africa.