Current Affairs Quiz - May, 2019

Notes:
German payments company Wirecard has teamed up with India to simplify the process of issuing tax identity cards required to open bank accounts, transfer money or complete business transactions. The deal, with state company UTI Infrastructure Technology and Financial Services, seeks to widen the distribution of so-called PAN cards in the country of 1.3 billion where most people still live and work in the informal economy. Munich-based Wirecard, founded in 1999, runs a digital payments platform that handles payments for merchants and issues real and ‘virtual’ payment cards to consumers. It mainly operates under arrangements that allow their partners to rebrand their products. Wirecard is already has a presence in India and its network of 15,000 retail agents in 350 cities would help collect and scan in the documents that people need to apply for a PAN card.

Notes:
On May 24, the Defence Research and Defence Organisation (DRDO) successfully flight tested a 500 kg class Inertial Guided Bomb (IGB) from Su-30 MKI Aircraft from the Pokhran test range in Rajasthan. The guided bomb achieved the desired range and hit the target with high precision. The weapon system is capable of carrying different warheads. The test firing of the guided bomb came two days after the Indian Air Force (IAF) successfully test fired the aerial version of the supersonic BrahMos cruise missile from a Sukhoi jet at the Andaman and Nicobar Islands. The 2.5 tonne air-to-surface missile has a range of around 300 km, and it will significantly enhance the IAF’s combat capability. The BrahMos cruise missile travels at a speed of Mach 2.8, nearly three times that of sound.

Notes:
In Ukraine, comedian and political newcomer Volodymyr Zelensky has been sworn-in as the new President of war-torn country. He starred in the long-running satirical drama ‘Servant of the People’ in which his character accidentally becomes Ukraine’s president. He plays a teacher who is elected after his expletive-laden rant about corruption goes viral on social media. He ran under a political party with the same name as his show. With no previous political experience, Mr Zelensky’s campaign focused on his difference from the other candidates rather than on any concrete policy ideas. Despite this, he stormed to victory and won 73% of the vote.

Notes:
The 2nd edition of Shanghai Cooperation Organization (SCO) Mass Media Forum was held at Bishkek, Kyrgyzstan from 23-26 May, 2019. A delegation from I&B Ministry represented India at the Forum. The Forum was inaugurated by the President of Kyrgyz Republic Mr. S. Jeenbeko. The President in his inaugural address highlighted the importance of Mass Media organizations of SCO countries in accomplishing the SCO objectives of mutual trust, friendly relations with neighbors and regional security in line with the “Shanghai Spirit”. The Forum aims to strengthen the exchange and cooperation in the field of mass media amongst SCO countries. It offers a unique platform for active work through mass media to create an objective vision of the organization and strengthen its positive image in the global information space.

Notes:
Gian Chand (93), the veteran freedom fighter, has passed away at his native village in Mohalla Ramgarh of Chamba district, Himachal Pradesh on May 27, 2019. Born on 26th October 1926, Chand was a member of Azad Hind Fauj led by Netaji Subhash Chandra Bose.

Notes:
The Reserve Bank of India (RBI) has constituted a 6-member committee to review the existing state of mortgage securitisation in India and suggest measures to deepen it. The committee on the development of housing finance securitisation market, headed by Bain & Co Senior Advisor Harsh Vardhan, will review the regulations relating to Mortgage-Backed Securitization (MBS) currently in place, and make specific recommendations on suitably aligning the same with international norms. It will recommend specific measures for facilitating secondary market trading in mortgage securitisation instruments, such as broadening the investor base, and strengthening the market infrastructure.

Notes:
On 30 May 2019, James Marape has been nominated, elected, and sworn-in as the 8th Prime Minister of Papua New Guinea (PNG). He is a former finance minister and critic of a major global gas development deal. His appointment comes after the outgoing leader Peter O’Neill resigned recently. Papua New Guinea is a South Pacific nation of 7.3 million people. It has rich reserves of copper, gold, and oil, but development has been hampered by public order issues, rugged terrain and disputes over land.

Notes:
To celebrate 2019 World Environment Day (WED), the Union Ministry of Environment, Forest & Climate Change (MoEFCC) has recently launched the song ‘Hawa Aane De’ to spread awareness about Air pollution. The theme song is written by Swanand Kirkire and sung by Shantanu Mukherjee, Kapil Sharma, Sunidhi Chauhan and Shankar Mahadevan. The film has been directed by Romanchak Arora. Every year, Union Environment Ministry celebrates WED focusing on the theme declared by UNEP and organizes several events. This year, the theme of Environment Day is ‘Air Pollution’. Hence, the events will include launch of film competition on environment, release of several books and three thematic sessions on Air Pollution, Waste Management and Forests: the Green Lungs of cities. It is noteworthy that to combat air pollution, MoEFCC has recently launched the National Clean Air programme (NCAP) which is a mid-term 5 Year Action Plan with targets of 20-30% reduction of PM 2.5 and PM 10 concentration in 102 cities, out of which 84 cities have already submitted their action plan. The main objective of NCAP is to control and abate air pollution across the country. It is a multi sectoral and collaborative approach with mainstreaming and integration.

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.