Current Affairs Quiz - March, 2019

Notes:
The first-ever joint military exercise of Shanghai Cooperation Organization (SCO) titled “Sary Arka Antiterror 2019” is scheduled to be held in grasslands of Kazakhstan in the Sary Arka region. The decision to hold the joint exercise ‘Sary-Arka-Antiterror 2019’ was announced during the 34th meeting of the SCO’s Regional Anti-Terrorist Structure (RATS) council held in Tashkent, Uzbekistan. The SCO, in which China plays an influential role, is also comprised of Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India and Pakistan. India and Pakistan were admitted into the bloc in 2017. Delegations of the competent authorities of India, Kazakhstan, China, the Kyrgyz Republic, Pakistan, Russia, Tajikistan, Uzbekistan and the RATS Executive Committee attended the meeting. RATS is a permanent organ of the SCO which serves to promote cooperation of member states against the three evils of terrorism, separatism and extremism. It is headquartered in Tashkent. The next meeting of the Council of the RATS SCO is scheduled to be held in Russia in September 2019.

Notes:
The World Intellectual Property Organization (WIPO) has recently released the 2018 report on patents filed by members of its Patent Cooperation Treaty (PCT). The United Nations (UN) data shows the United States remained the leading individual country for patent applications in 2018. But on a regional basis, Asia’s surge continued. It’s a sign of innovation shifting from west to east because more than half of all international patent applications filed last year came from Asia. In the main category-the PCT, the US led the way with 56,142 applications, followed by China (53,345) and Japan (49,702). Germany and South Korea came in a distant fourth and fifth, with fewer than 20,000 applications each. India registered the largest innovation jump of any country last year. Patent applications jumped more than 27% – from 1,583 in 2017 up to 2,013. Chinese telecommunications behemoth Huawei also set new record for the number of patent applications filed a single corporation in one year with 5,405. Patent filings are seen as a measure of the spread of science and technology in a country. Patent protection also provides monopoly rights to the inventor.

Notes:
Recently, Italian Premier Premier Giuseppe Conte has pledged to make Italy the first Group of Seven nation to join China’s ambitious Belt and Road initiative, despite objections from the United States and concerns within his governing coalition. While, on 20th March 2019, India signalled that it will boycott China’s second Belt and Road Forum (BRF) for a second time. It stated that no country can participate in an initiative that ignores its core concerns on sovereignty and territorial integrity. India boycotted the first BRF in 2017 after protesting to Beijing over the controversial China-Pakistan Economic Corridor (CPEC) which is being laid through the Pakistan-occupied Kashmir (PoK) overriding New Delhi’s sovereignty concerns. China has already deepened its commitment to expand the USD 60 billion CPEC, which aims to connect China’s Xinjiang province with Pakistan’s Gwadar port with a host of road, rail, gas and oil pipelines.

Notes:
Haku Shah (85), the renowned Indian artist, has passed away in Ahmedabad, Gujarat on March 21, 2019. He was best known for his themes of tribal and folk art. Born on 26th March 1934, Shah did his Masters in Fine Art under renowned artists like K G Subrahmanyam. A large part of his work was deeply influenced by tribal art and culture, as well as the Bhakti movement, especially its Nirguna poetry. Shah was also a cultural anthropologist. He carried out extensive field research and documentation on rural and tribal arts and crafts, traditions and folk lore, and established a tribal museum at Gujarat Vidyapith. Fondly known as “Haku bhai”, the award-winning artist also set up the first of its kind Crafts Village – Shilpgram in Udaipur in Rajasthan in the 1980s. Shah, who published his memoirs, “Manush” in 2009, received several awards including the Padma Shri (1989), the Jawarharlal Nehru Fellowship and the Kala Ratna for his contribution to art.

Notes:
In its latest Global Economic Outlook (GEO), Fitch Ratings has recently cut India’s economic growth forecast for the financial year FY20 starting April 1, to 6.8% from its previous estimate of 7%, on weaker than expected momentum in the economy. According to Fitch, the RBI has adopted a more dovish monetary policy stance and cut interest rates by 0.25 percentage at its February 2019 meeting, a move supported by steadily decelerating headline inflation. Fitch Ratings cut India’s FY19 GDP growth forecast to 7.2% from 7.8% on December 6. The rating agency has also cut growth forecasts for FY20 and FY21 to 7% from 7.3% and 7.1% from 7.3%, respectively.

Notes:
Indian technology company Infosys has signed a three-year partnership agreement with Roland-Garros to provide technology solution for tennis tournament The French Open, also called Roland-Garros. The 3-year deal, running from 2019 to 2021, is aimed at enriching the game by providing fans, players and coaches with a new experience leveraging Infosys’ expertise in digital technologies such as artificial intelligence, big data and analytics, mobility, virtual and augmented reality. As part of the partnership, Infosys and Roland-Garros will work on several new digitally-enabled experiences. These include a re-imagined fan experience powered by data and analytics, which will enable fans to follow live scores, “feel the pulse” of live matches, delve deeper into match analytics and understand what ultimately influenced the outcome of the match. The tool will be available on the official Roland-Garros website during the tournament.

Notes:
The first-ever high-level dialogue on Indo-Pacific Cooperation (HLD-IPC) was held in Jakarta, Indonesia with theme was ‘Towards a Peaceful, Prosperous, and Inclusive Region’. It was organized by Government of Indonesia and saw participation of all 18 EAS member states including India. The Dialogue reflected India’s view that has outlined by PM Modi in 2018 Shangrila Dialogue — inclusive and transparent & rules based indo-Pacific. The delegates participated in the thematic debate under three themes: sustainable development goals, maritime cooperation, and infrastructure and connectivity. The purpose of the dialogue was to urge all participating governments to talk openly about their plans for increasing cooperation and for building trust in Pacific Ocean and Indian Ocean region.

Notes:
Hindi writer Leeladhar Jagudi will be honoured with the Vyas Samman 2018 by the KK Birla Foundation for his collection of poems “Jitne Log Utne Prem”. The book, published in 2013 was selected by a Chayan Samiti presided over by litterateur Dr. Vishwanath Prasad Tiwari. Born in Dhangal village in Tehri Garhwal of Uttarakhand, Mr. Jagudi was awarded the Padma Shri in 2004 apart from other awards, including the Sahitya Akademi Award, Akashvani National Award, Uttar Pradesh Hindi Institute and Uttarakhand Gaurav Samman. The Vyas Samman, started in 1991 is given to an outstanding literary work in Hindi authored by an Indian citizen which has been published in the last decade. The award carries an amount of Rs. 4 lakh.

Notes:
Ministry of Corporate Affairs (MCA) has recently released the National Guidelines on Responsible Business Conduct (NGRBC). These guidelines urge businesses to actualize the principles in letter and spirit. For this purpose, the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, 2011 (NVGS) have also been revised. According to the guidelines, businesses should conduct and govern themselves with integrity in a manner that is ethical, transparent and accountable. Businesses should provide goods and services in a manner that is sustainable and safe. It should also respect and promote the well-being of all employees, including those in their value chains.

Notes:
The World Meteorological Day (WMD) is observed every year on 23rd of March to mark the establishment of World Meteorological Organization (WMO) on this day in 1950. This year, the organisation is celebrating its 69th anniversary. The 2019 theme ‘The Sun, the Earth and the weather” recognizes the critical role that the Earth’s nearest star plays in what transpires on the planet. The energy that the Sun sends towards the Earth is taken up by all life forms to perform their biological functions. It also regulates global climate, which, in turn, influences local weather conditions. The same energy is also absorbed by the oceans which carry it around the planet, creating further conditions for diverse marine life to exist.