Current Affairs Quiz - May, 2019

Notes:
Conrad K Sangma, the Chief Minister of Meghalaya, has launched Rs 18-crore Aroma Mission at Byrwa in Ri-Bhoi district with an aim to strengthen the livelihood condition of farmers and create employment opportunities in the state. The move will boost the cultivation of Medicinal and Aromatic Plants (MAPs). As part of the mission, a Memorandum of Agreement was also signed between the Central Institute of Medicinal and Aromatic Plants (CIMAP) and Meghalaya Basin Development Authority (MBDA) for a collaborative work on medicinal and aromatic plants. The CIMAP is a frontier plant research laboratory of Council of Scientific and Industrial Research (CSIR). The chief minister also called for preserving forest cover while announcing the government’s plan to plant one million trees on World Environment Day on June 5 in different parts of the state especially in catchment areas.

Notes:
India has invited the leaders of the BIMSTEC Member States for the swearing-in ceremony of Prime Minister Narendra Modi on May 30, 2019. Beside this, the invitations have also been sent to the President of Kyrgyzstan Sooronbay Jeenbekov who is the current Chair of the Shanghai Cooperation Organization (SCO) and Mauritius Prime Minister Pravind Jugnauth, the Chief Guest at this 2019 Pravasi Bhartiya Divas (PBD). The invitations are in line with the Government’s focus on its ‘Neighbourhood First’ policy. The BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) member states are: Bangladesh, Myanmar, Sri Lanka, Thailand, Nepal and Bhutan including India. President Ram Nath Kovind will administer the Oath of Office and Secrecy to Mr Modi for the second term and other members of Union Council of Ministers at a function in Rashtrapati Bhavan.

Notes:
The Trump administration has recently removed India and Switzerland from its currency monitoring list of major trading partners. Both the countries were removed from the list because for two consecutive reports they had both met only one of three criteria necessary for inclusion on the monitoring list. According to the report, India had a significant bilateral surplus & Switzerland had a material current account surplus. The watch list contains the names of countries that have potentially questionable foreign exchange policies and are suspected to be manipulating their currencies to gain trade advantages over the US. However, the list includes China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam among others.

Notes:
The Reserve Bank of India (RBI) has constituted a six-member task force, headed by Canara Bank chairman T.N. Manoharan, on the development of secondary market for corporate loans. The terms of reference of the task force would include review of the existing state of the market for loan sale or transfer in India as well as the international experience in loan trading. Further the task force will be required to make recommendations on required policy or regulatory interventions for facilitating development of secondary market in corporate loans, including loan transaction platform for stressed assets. The task force has been asked to submit its report by the end of August 2019. In India, banks sell their stressed loans to the Asset Reconstruction Companies, but have practically no other alternatives. However, globally, there is a healthy corporate loan market where banks can offload their stressed assets and those get traded.

Notes:
N Kumar, Vice-Chancellor of Tamil Nadu Agricultural University (TNAU), has been conferred the lifetime recognition award by the Confederation of Horticulture Association of India at the International Conference on Innovative horticulture at Pantnagar, Uttarakhand on May 28, 2019. The award has been conferred for his outstanding contribution in the field of horticulture and academic leadership focussed on human resource development in agriculture.

Notes:
The World No Tobacco Day (WNTD) is observed every year on May 31 to create awareness about the negative impacts of tobacco consumption on human health. The focus theme of 2019 edition of WNTD is on “tobacco and lung health”. The campaign will increase awareness on: the negative impact that tobacco has on people’s lung health, from cancer to chronic respiratory disease, the fundamental role lungs play for the health and well-being of all people. The campaign also serves as a call to action, advocating for effective policies to reduce tobacco consumption and engaging stakeholders across multiple sectors in the fight for tobacco control. On the occasion, the Union Ministry of Health and Family Welfare of India organized a national consultation on tobacco and lung health in New Delhi. The consultation, organized in collaboration with World Health Organization (WHO), was aimed at raising awareness about the negative impacts of any form of tobacco consumption on the health of lung and cancer causing micro-elements in it. Theme of the event was “Don’t Let Tobacco Take Your Breath Away – Choose Health Not Tobacco”.

Notes:
The scientists at the Stanford University in the US have developed a more stable prosthetic foot which they say could make challenging terrain more manageable for people who have lost a lower leg. The new design has a kind of tripod foot that responds to rough terrain by actively shifting pressure between three different contact points. Prosthetic emulators allow them to try lots of different designs without the overhead of new hardware. According to the study published in the journal IEEE Transactions on Biomedical Engineering, prosthetic limbs can better handle the rough ground. Outfitted with position sensors and motors, the foot could adjust its orientation to respond to varying terrain, much as someone with an intact foot could move their toes and flex their ankles to compensate while walking over rough ground.

Notes:
The IIT-Madras has recently launched an Integrated Database on Infrastructure Projects (IDIP) at the 15th World Conference on Transport Research conference held at IIT Bombay. The purpose of the data platform is to enhance the efficiency of infrastructure development and enable effective decision-making among different stakeholders involved in the sector. The initial focus of IDIP will be on the road sector, which has received the highest private investment among all infrastructure sectors. The PPP programme in the road sector in India is the largest in the world. The platform includes data coverage across the project life cycle comprising development, construction and operation phases. In addition to roads, other sectors such as railways, ports, and airports would also be included in the platform shortly.

Notes:
Indians Scientists has recently identified a new species of primate wasp from the genus Kudakrumia in Goa. The new species was collected in the forests of Western Ghats. The wasp, which is dubbed as Kudakrumia rangnekari, was named after Goa-based researcher Parag Rangnekar. Rangnekar is the author of a book “Butterflies of Goa”, which is perhaps a first field guide with photographs of the species found in this region. His quest to document the butterflies of this unique region resulted in a record of 220 species, of which 13 species had not been described before. He is the founder-president of the Goa Bird Conservation Network. The holotype is from Kotigao Wildlife Sanctuary of Goa of northern Western Ghats and the paratype is from Ranipuram hill of Kerala of southern Western Ghats. A wasp is any insect of the order Hymenoptera and suborder Apocrita that is neither a bee nor an ant.

Notes:
The Indian Air Force (IAF) and the Indian Space Research Organisation (ISRO) have recently signed a MoU for getting Indian astronauts trained for ISRO’s Gaganyaan mission. The development formally involves IAF’s Bengaluru-based medical arm, the Institute of Aerospace Medicine (IAM), in the programme as the nodal centre to train the first set of Indian astronauts. The Rs 10,000-crore Gaganyaan is planned for 2022, the 75th year of Indian independence. Gaganyaan (“Sky Craft”) is an Indian crewed orbital spacecraft intended to be the basis of the Indian Human Spaceflight Programme.