Current Affairs Quiz - March, 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:
The World Sparrow Day (WSD) is observed every year on 20th of March to protect these little birds and conserve their houses. The house sparrow is on the verge of extinction. The 2019 theme “I Love Sparrows” is inspired by hope that more and more will celebrate the relationship between People and Sparrows. The initiative was started by Nature Forever Society (NFS) of India, founded by Mohammed Dilawar, an Indian conservationist. He started his work helping the house sparrow in Nashik. He was also named one of the “Heroes of the Environment” for 2008 by Time for his efforts. The idea of marking WSD came up during an informal discussion at the NFS’s office. The idea was to earmark a day for the house sparrow to convey the message of conservation of the house sparrow and other common birds and also mark a day of celebration to appreciate the beauty of the common biodiversity which is taken so much for granted. The first WSD was celebrated in 2010 in different parts of the world. To encourage efforts made towards this cause and to selflessly conserve the environment, NFS has instituted the first Sparrow Awards in Ahmedabad, Gujarat, on 20 March 2011.

Notes:
Jimmy Carter — the 39th president of the United States — has reached a new milestone and become the longest-living President in U.S. history at the age of 94 years and 172 days. It exceeds by one day the lifespan of former President George H.W. Bush, who died in November 2018 at the age of 94 years and 171 days. Both men were born in 1924: Bush on June 12, Carter on Oct. 1. Carter has remained active in public life during his post-presidency, and in 2002 he was awarded the Nobel Peace Prize for his work in co-founding the Carter Center.

Notes:
Researchers from the University of Arkansas and Argonne National Lab in the US have identified more cost-effective and efficient ways of producing hydrogen fuel by splitting water. They showed that nano-particles composed of nickel and iron are better alternatives than more costly materials when used as catalysts in the production of hydrogen fuel through water electrolysis. The team demonstrated that using nanocatalysts composed of nickel and iron increases the efficiency of water electrolysis, the process of breaking water atoms apart to produce hydrogen and oxygen and combining them with electrons to create hydrogen gas. When nanoparticles composed of an iron and nickel shell around a nickel core are applied to the process, they interact with the hydrogen and oxygen atoms to weaken the bonds, increasing the efficiency of the reaction by allowing the generation of oxygen more easily.This marks a step toward making water electrolysis a more practical and affordable method for producing hydrogen fuel. Current methods of water electrolysis are too energy-intensive to be effective.

Notes:
Researchers at Purdue University in the US, including one of Indian origin, have developed a new process to remove nearly all traces of oil in produced water — a byproduct from the oil refinery and extraction process. The process uses activated charcoal foam and subjects it to solar light to produce heat and purify the water. The foam absorbs the oil contaminants from the water. Ashreet Mishra, a graduate research assistant at the Purdue University, said that this is a simple, clean and inexpensive treatment process. The process meets all environmental standards for clean water from industrial sources and had a total organic carbon of 7.5 milligrams per litre. Another advantage is that the oil absorbed by the foam can be recovered efficiently. The researchers were able to recover up to 95% of the oil that was absorbed. The process could be integrated with existing disposal systems to purify a large amount of water and reduce the current stress on water grids.

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:
Australian researchers, at the Australian Research Council (ARC) Centre of Excellence for Nanoscale BioPhotonics, have developed a new automated non-invasive technique for diagnosing eye surface cancer. The novel technique involves custom-building of an advanced imaging microscope linked with computing and Artificial Intelligence (AI) operations. It results in an automated system that is able to successfully identify between diseased and non-diseased eye tissue, in real-time, through a simple scanning process. The new technique scans natural light given off by specific eye cells — diseased cells — that have their own unique ‘light-wave signature’. This new technique offers the potential to reduce the need for biopsies, prevent therapy delays, and make treatment far more effective for patients. Eye surface cancer, also known as Ocular Surface Squamous Neoplasia (OSSN), is a common malignancy of the cornea and conjunctiva parts of the eye.

Notes:
The International Day for the Elimination of Racial Discrimination is observed every year on 21st of March to redouble its efforts to eliminate all forms of racial discrimination. This day commemorates the lives that have been lost to fight for democracy and equal human rights in South Africa during the Apartheid regime (a regime which embraced racial discrimination). The 2019 theme is “Mitigating and countering rising nationalist populism and extreme supremacist ideologies”. The United Nations General Assembly (UNGA) has also reiterated that all human beings are born free and equal in dignity and rights and have the potential to contribute constructively to the development and well-being of their societies.

Notes:
Indian paddler Archana Kamath clinched a silver in the under-21 women’s singles section of the Seamaster ITTF Challenge Plus 2019 Oman Open table tennis tournament at Muscat. Archana started playing table tennis at the age of 9 years. She won her first U-12 and also a U -18 State title in 2011, and retained her Karnataka State No 1 Sub-Junior ranking throughout 2012 with some consistent performances. Since 2013 her career graph has seen a very steep rise. As a player, she describes herself as a fierce attacker.

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The Financial Technology (Fintech) Conclave has been organized by NITI Aayog in New Delhi and was inaugurated by Reserve Bank of India (RBI) Governor Shaktikanta Das. The objective of the conclave is to shape India’s continued ascendancy in FinTech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion. Nearly 300 Representatives from across the financial space – central ministries, regulators, bankers, startups, service providers and entrepreneurs are participating in the conclave. India is one of the fastest growing FinTech markets globally and industry research has projected that USD 1 Trillion or 60% of retail and SME credit, will be digitally disbursed by 2029. The Indian FinTech ecosystem is the third largest in the globe, attracting nearly USD 6 billion in investments since 2014.