Current Affairs Quiz - January, 2019

Notes:
President of Uzbekistan, Shavkat Mirziyoye has recently announced 2019 as the ‘Year of Active Investment and Social Development’ in the backdrop of proposed investments from India to boost economy of this Central Asian country, in his annual address to the Parliament. The President stated that concrete measures will be taken on creating an open economy, radically improving the business environment and investment climate, reducing the state presence in the economy. Activities on improving the health of the population will continue at a new level. He further stressed that investment was the driver of economy, new technologies, advanced experience and highly qualified specialists come with investments into all sectors and regions.

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In Kerala, around 50 lakhs of women assembled under the aegis of the Left Democratic Front (LDF) to create an almost unbroken human wall that stretched 620 km from Kasaragod in north Kerala to Thiruvananthapuram in the south on 1st January 2019. Marshalled by the Kerala government and a section of Hindu organisations, the wall was organised against the backdrop of the Supreme Court verdict on Sabarimala. The programme ended with a joint pledge to harness the power of renaissance principles to insulate society against revanchist forces that sought to push Kerala back to the dark ages of casteism and discriminatory religious practices. The event was organised by the ruling CPI(M) along with over 176 other socio-political organisations, including the CPI, Sree Narayana Dharma Paripalana Yogam and the Kerala Pulayar Maha Sabha.

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On January 2, US-based Kathak exponent Anindita Neogy Anaam has been honoured with the National Nritya Shiromani award for promoting the dance form across the world. The award was conferred on her in Cuttack at the 10th Cuttack Mahotsav : International Dance and Music festival in Odisha. The fest is organised by Utkal Yuva Sanskrutik Sangh (UYSS) in association with Cuttack district administration. Anindita Anaam is also recipient of prestigious national awards like Jayadev Rashtriya Puraskar and Bidagdha Nartaki Samman for her outstanding achievement in the preservation and promotion of Indian art in India and abroad.

Notes:
Union Petroleum Minister Dharmendra Pradhan has recently launched the Ujjwala Sanitary Napkin initiative in Bhubaneswar to improve female hygiene and health and employability of rural women. Under the new initiative, 100 manufacturing units will be set up at Common Service Centres (CSCs) covering 93 blocks in the State at an estimated cost of Rs 2.94 crore. Each manufacturing unit will employ five or six Ujjwala beneficiaries with an aim to provide employment to nearly 600 women across all districts. The women will first receive training in manufacturing and sale of sanitary napkins. Each facility will have the capacity to produce 1200-2000 pads per day and will have a sterilisation room to ensure that the napkins are sterilised before they are packed for use. The sanitary napkins will be priced at Rs 42 per pack of eight pads. This initiative will provide women with an opportunity to earn between Rs 5,000 and Rs 15,000 per month. Thus, the Central scheme will be a counter to the Odisha government’s Khushi scheme, in which sanitary napkins are provided free of cost to female students of government and government-aided schools in the state.

Notes:
Recently, German authorities approved an $8 billion rail and road tunnel linking Denmark and Germany, despite environmental objections. The project comprises a four-lane motorway and a two-track railway. It is part-funded by the European Union (EU). The 19 km Fehmarn Belt Fixed Link is a planned immersed tunnel that is proposed to connect the Danish island of Lolland with the German island of Fehmarn. It was due to be completed in 2024, but has been delayed by environmental protests in Germany. The link would cross over the Fehmarn Belt in the Baltic Sea – 18 km wide – hence providing a direct link by railway and highway between northern Germany and Lolland, and thence to the Danish island of Zealand and Copenhagen. Once completed, it will become the world’s longest road and rail tunnel, and will open new socio-economic opportunities on both sides of the border.

Notes:
The Reserve Bank of India (RBI) has appointed an 8-member expert committee headed by former SEBI chairman U.K. Sinha to comprehensively review and propose long-term solutions for the economic and financial sustainability of the Micro, Small and Medium Enterprises (MSME) sector. The MSME sector has been facing stress due to the demonetisation exercise and implementation of GST. The panel would review the current institutional framework in place to support the MSME sector, and examine the factors affecting the timely and adequate availability of finance to the sector. The panel will also review existing MSME-focussed policies and their impact, and study the global best practices with respect to MSMEs and recommend their adoption in India. The committee will submit its report by the end of June 2019.

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Andhra Pradesh has topped the 2018 Ease of Doing Business (EDB) Index of Asia Competitiveness Institute (ACI). The ACI team, led by Tan Khee Giap, mentioned that despite Andhra Pradesh’s excellent performance in ACI’s EDB Index, the government needs to bridge numerous institutional and infrastructural gaps in order to sustain its position in the future. The index ranked economies of 21 states of India. In it, Maharashtra acquired 2nd position, while Delhi came in third place, respectively. The EDB index is based upon three parameters called ABC – Attractiveness to Investors, Business Friendliness and Competitiveness Policies.

Notes:
Egypt has recently opened West Asia’s largest cathedral in its New Administrative Capital, 45km east of Cairo. President Abdul Fattah al-Sisi inaugurated the newly-built Cathedral of Nativity and a mosque on the eve of Coptic Christmas in a symbolic message of tolerance in the predominantly Muslim nation. The newly built Al-Fattah Al-Aleem Mosque will be able to accommodate almost twice that of the cathedral, both of which are located in the major development that is the new administrative capital.

Notes:
The Union cabinet has recently approved a 10% reservation in educational institutions and government jobs for economically backward sections in the general category. The constitutional amendment bill will be tabled in Parliament on 8th January 2019, the last day of the Winter Session. The proposed reservation will be over and above the existing 50% reservation enjoyed by the Scheduled Castes (SCs), Scheduled Tribes (STs) and the Other Backward Classes (OBCs), taking the total reservation to 60%. For this, the government will amend Articles 15 and 16 – which are on discrimination and equal opportunity – of the Constitution to implement it. Among the major castes to benefit from the proposed law are Brahmins, Rajputs (Thakurs), Jats, Marathas, Bhumihars, several trading castes, Kapus and Kammas among other upper castes. It would also benefit the poor in other religions. The move is being seen as a step to consolidate upper caste votes just ahead of the general elections. Most Opposition parties called it an election gimmick but are not likely to oppose it.

Notes:
Prof. Gita Gopinath, the John Zwaanstra professor of International Studies and Economics at Harvard University, has joined International Monetary Fund (IMF) as its first female Chief Economist. The 11th chief economist of the IMF, Gopinath succeeded Maurice (Maury) Obstfeld as Economic Counsellor and Director of the IMF’s Research Department. With this, Gopinath became the 2nd Indian after former RBI Governor Raghuram Rajan to be appointed to the position.