Current Affairs Quiz - May, 2019

Notes:
On May 26, China clinched the badminton world mixed-team championship at the 16th edition of the Sudirman Cup 2019 in the Chinese city of Nanning. They beat Japan in men’s doubles, women’s singles and men’s singles to clinch the title for an 11th time. In the latest Men’ singles match Shi Yuqi stunned world champion Kento Momota 15-21, 21-5,21-11. Japan has never lifted the mixed-team world championship since it began in 1989.

Notes:
Kalpana Dash (50), the first woman mountaineer of Odisha, has passed away near Balcony area of world’s highest peak Mount Everest on May 23, 2019.She had first scaled Mt Everest in 2008. During her decade and half-old career, she had trekked many mountains conquering peaks in Europe, America and Australia, besides India.

Notes:
Lewis Hamilton, a British racing driver who races in Formula One for Mercedes-AMG Petronas Motorsport, has won the 2019 Monaco Grand Prix with a perfectly measured drive.

Notes:
The International Day of United Nations Peacekeepers is observed every year on May 29 to pay tribute to the invaluable contribution by the uniformed and civilian personnel and to honour more than 3,800 peacekeepers who have lost their lives while rendering peacekeeping services. The 2019 theme is “Protecting Civilians, Protecting Peace”. This is the date when in 1948 the first UN peacekeeping mission named the “United Nations Truce Supervision Organization (UNTSO), began operations in Palestine. Since then, more than one million men and women have served in 72 UN peacekeeping operations, directly impacting the lives of millions of people, protecting the world’s most vulnerable and saving countless lives. India is the 4th largest troop contributor to the UN peacekeeping missions. UN peacekeeping has helped countries move from war to peace. At present, India contributes about 6,400 peacekeepers to various missions across the world.

Notes:
Motilal Oswal Asset Management Company (AMC) has launched its WhatsApp transaction platform for new as well as existing investors. It is the first of its kind initiative by any fund house in India to do mutual fund transactions through the popular cross-platform messaging app. Investors can use WhatsApp to invest in any scheme from Motilal Oswal AMC. The investor through his/her registered number can initiate a transaction in Motilal Oswal MF schemes just by typing ‘Hi’. A customer can complete the entire process in less than two minutes and gets an instant transaction confirmation through the medium. The investor can make the investments either in a lump sum or through systematic investment plans (SIP).This feature is not a part of WhatsApp Pay and is different from using it as a payment channel.

Notes:
The Telangana government has decided to set up the India’s first ‘Blockchain district’ in Hyderabad to create an ecosystem for all the start-ups and institutes working in the space. Though the Blockchain technology encompasses all domains, the district would focus on banking, financial services and insurance; pharma and healthcare; logistics and supply chain; and the government sectors. The district would have a co-working space, an international liasioning office, a T-Hub-like incubator to mentor early-stage start-ups in the Blockchain space and a supporting R&D institute to promote innovation.

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:
Admiral Karambir Singh has taken charge as the 24th Chief of the Naval Staff (CNS) from Adm. Sunil Lanba, who stepped down upon retirement. He is the first helicopter pilot of the Navy to become the CNS. Prior to this post, Adm. Singh was the Flag Officer Commanding-in-Chief (FOC-in-C) of the Eastern Naval Command, headquartered in Visakhapatnam. During his long and distinguished service spanning nearly 39 years, Adm. Singh has served in a variety of Command, Staff and Instructional appointments. The tenure of a Service Chief is three years or 62 years of age, whichever is earlier.

Notes:
India’s only orangutan, ‘Binny’, has passed away at the age of 41 at Nandankanan Zoological Park in Odisha. The great ape was brought to the Odisha zoo in November 2003 from Pune’s Rajiv Gandhi Zoological Park on November 20, 2003, when she was 25. Orangutans are one of the world’s three extant species of great apes. According to the World Wide Fund for Nature (WWF), there are three species of orangutans — Bornean, Sumatran and Tapanuli. Bornean and Sumatran orangutans differ a little in appearance and behaviour. All three kinds of orangutans are listed as “Critically Endangered” by the United Nations-affiliated International Union for Conservation of Nature (IUCN). They are native to Indonesia and Malaysia and at present are found only in the rainforests of Borneo and Sumatra. The WWF states that orangutans, with distinctive red fur, are the largest arboreal mammal, spending most of their time in trees.They are considered to be among the most intelligent primates. They can live up to 45 years in the wild and even more in zoos.

Notes:
The Reserve Bank of India (RBI) will observe 2019 Financial Literacy Week (FLW) across the country from 3rd to 7th of June. The theme this year is – ‘Farmers and how they benefit by being a part of the formal banking system’. The posters and leaflets will be used to spread awareness and spread the message of financial literacy among the farming community. The RBI has advised banks to display the posters and content in their rural bank branches, Financial Literacy Centres, ATMs and websites. It will also undertake a mass media campaign this month on Doordarshan and All India Radio to disseminate essential financial awareness messages to farmers.