Current Affairs Quiz - May, 2019

Notes:
Arjuna awardee and star Indian golfer Gaganjeet Bhullar won the ‘Outstanding achievement as a player award’ at the 4th edition of the annual India Golf Industry Association (GIA) awards at the Delhi Golf Club. The GIA awards were held along with the 8th India Golf & Turf Expo (IGTE), South Asia’s largest golf trade show. Bhullar won the 2018 Fiji International, a European Tour event, and also holds the rare distinction of becoming the youngest golfer on the Asian Tour to achieve nine career victories on tour.

Notes:
The Indira Gandhi National Open University (IGNOU) has launched an awareness programme on Goods and Services Tax (GST) in collaboration with Bombay Stock Exchange (BSE) Institute Limited to help small scale businesses. The purpose of the GST programme is to impart basic knowledge and skills required to fulfil various requirements under the GST Act. It would be beneficial to people who are engaged in maintaining accounts and filing of various indirect tax returns. The main objective of the programme is to impart skills to book keeping professionals to file various regular GST returns along with the various compliance requirements. Those who have passed Class 12 are eligible for the course, which will be offered in January and July cycle of admissions.

Notes:
Beirut, the national capital of Lebanon, has set a new Guinness World Record for the number of national flags raised in a city for 24 hours. On 28th April 2019, a total of 26,852 Lebanese flags were raised & beat a record held by New York’s Waterloo since 2000. The event was organized by the Beirut Alive Association (BAA) under the patronage of Prime Minister Saad Hariri.

Notes:
The Bharat Heavy Electricals Ltd (BHEL) and Automotive Research Association of India (ARAI) have signed a MoU for cooperation on various projects related to e-mobility. BHEL’s unique strength as technology developer and implementer and ARAI’s advanced facilities and expertise in design, testing and certification of mobility products, will generate synergies in implementing solutions for Electric & Trolley Bus, EV Chargers, Battery & Charger testing, etc. The ARAI is an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises (MoHI&PE). The objectives of the Association are Research and Development in automotive engineering for industry, product design and development, evaluation of automotive equipment and ancillaries, standardization, technical information services, execution of advanced courses on the application of modern technology and conduct of specific tests.

Notes:
Ace India goalkeeper P.R. Sreejesh has been nominated for the prestigious Rajiv Gandhi Khel Ratna Award by Hockey India. While, Midfielder Chinglensana Singh Kangujam and forward Akashdeep Singh and women’s team defender Deepika have been nominated for the Arjuna Award. Hockey India has also nominated R.P. Singh and Sandeep Kaur for Dhyan Chand Award for Lifetime Achievement, while coaches Baljeet Singh, B.S. Chauhan and Romesh Pathania have been proposed for Dronacharya Award.

Notes:
The former Sri Lanka batsman Kumar Sangakkara has become the first non-British President of Marylebone Cricket Club (MCC). He will begin his one-year tenure in October 2019 and will succeed Anthony Wreford. His tenure will include two England test matches against West Indies and Pakistan and the launch of The Hundred competition – the England and Wales Cricket Board’s new 100-ball cricket format. MCC, which owns Lord’s and acts as the guardian of the laws of the game, was founded in 1787 and lists 168 presidents in its history.

Notes:
On 30th April 2019, Market regulator Securities and Exchange Board of India (SEBI) barred the National Stock Exchange from raising money on the securities market directly or indirectly for six months on the collocation case. This means the NSE will not able to access the capital market in terms of IPO during this period. The regulator has also asked the exchange to disgorge around Rs 1,000 crore (i.e. Rs 624.89 crore plus 12% interest) from April 1, 2014 to the SEBI’s Investor Protection and Education Fund (IPEF). As per 104-page SEBI order, NSE has committed a fraudulent and unfair trade practice as contemplated under the SEBI (PFUTP) Regulations and has not exercised the requisite due diligence while putting in place the TBT architecture. Here, PFUTP refers to Prohibition of Fraudulent and Unfair Trade Practices rules. Tick-by-Tick (TBT) is a data feed that which provides information regarding every change in the order book on the NSE. The Co-location refers to the system wherein a broker’s server is kept in the exchange premises to reduce latency (or delay in computing terms) while executing trades.

Notes:
The International Jazz Day (IZD) is celebrated around the world on April 30 every year to raise awareness in the international community of the virtues of jazz as an educational tool, and a force for peace, unity, dialogue and enhanced cooperation among people. In 2011, the United Nations Educational, Scientific and Cultural Organization (UNESCO) officially designated April 29 as International Jazz Day in order to highlight jazz and its diplomatic role of uniting people in all corners of the globe. The 2019 edition was launched in Melbourne, Australia and celebrated in more than 190 countries around the world.

Notes:
State-owned telecom firm BSNL has become the first operator to start optical fibre-based high-speed broadband service in Pulwama with launch of ‘Bharat Fibre’. This is the first such FTTH (fibre-to-the-home) service deployment in the (Kashmir) Valley under this unique revenue share model. The Bharat Fibre services are provided on the optical fibre right up to the customer premises. This service has been launched in a business partnership model with the local channel partner of Pulwama area, on a revenue sharing basis. BSNL provides FTTH service with a monthly charge in the range of Rs 777-16,999 in over 160 telecom districts with a minimum speed of 2 megabit per second (mbps).

Notes:
King Maha Vajiralongkorn has been crowned as the Rama X of Thailand in a dazzling show of pageantry on behalf of the Thai people. This marked the first ascension of a new monarch in seven decades. The key rituals of the elaborate 3-day coronation ceremony began at the Grand Palace in Bangkok on May 4, 2019. King Vajiralongkorn is the 10th monarch of the Chakri dynasty, which has reigned since 1782. The last coronation was held in 1950 for the king’s father Bhumibol Adulyadej. Thailand has been run by an arch-royalist junta since 2014. The monarchy takes primacy in the country but it is buttressed by the army. Thailand has a constitutional monarchy since 1932, but the royal family is highly revered by Thais and wields considerable power. Thailand also has strict laws, called lese majeste, which ban criticism of the monarchy. The laws have shielded the royal family from public view and scrutiny.