Current Affairs Quiz - May, 2019

Notes:
The workhorse of the Indian Air Force (IAF), the Russian made AN-32 transport aircraft was formally fleet certified to fly on a blended bio-jet fuel partly derived from trees. The fuel will be 10% tree-derived and 90% conventional aviation fuel. The IAF has plans to widen the experiment over the next two years. The approval for use of bio-fuel to fly the Russian made fleet was given by the Centre for Military Airworthiness and Certification (CEMILAC). The indigenous bio-jet fuel was first produced by the CSIR-IIP lab at Dehradun in 2013, but could not be tested or certified for commercial use on aircraft due to lack of test facilities in the civil aviation sector. This is a huge step in promoting the ‘Make in India’ mission as this bio-fuel would be produced from Tree Borne Oils (TBOs) sourced from tribal areas.

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:
Acharya Balkrishna, the Managing Director of Patanjali Ayurved Ltd., has received the ‘UNSDG 10 Most Influential People in Healthcare Award’ on behalf of Patanjali Group of Institutions in Geneva, Switzerland. Balkrishna was among keynote speakers of the UNSDG (United Nations Sustainable Development Goals) organisation. The others are Randy Oostra, UNICEF executive director Henrietta H Fore, WHO director-general Dr. Tedros Adhanom Ghebreyesus and Abe Lee. Patanjali Ayurved produces a range of Ayurvedic medicinal and personal care products, among other consumer items. The company was co-founded by Baba Ramdev and Balkshrina.

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:
In October 2020, Sweden will host an international conference against anti-Semitism in memory of the Holocaust. The conference, which is scheduled to be held in Malmo, will coincide with two significant dates: the 75th anniversary of the liberation of Europe from Nazi rule and the 20th anniversary of the Stockholm Declaration, the founding document of the International Holocaust Remembrance Alliance (IHRA), which assists with the commemoration and study of the Holocaust around the world. Antisemitism is hostility to, prejudice, or discrimination against Jews.

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:
Ivo Karlovic (40) of Croatia has become the oldest man to win a match at the French Open since 1973, after he defeated the 37-year-old Feliciano Lopez of Spain in a first-round duel of the 2019 French Open Tennis Tournament at Roland Garros. This was the oldest men’s match in combined age at Roland Garros during the Open Era, and the 7th-oldest match at a Grand Slam. Karlovic is also the oldest to win a Grand Slam match since 1978. The record for women is held by Elizabeth Ryan, who was 42 when she won the 1934 women’s doubles with Simone Mathieu.

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:
President Muhammadu Buhari has been sworn-in for his second term as President of Nigeria in a ceremony at the Eagle Square in Abuja. He won 56% of the votes to defeat his main rival Atiku Abubakar of the Peoples’ Democratic Party (PDP) in the 2019 February election. Buhari will face a number of challenges during his second term as he tries to fulfil his election promises, including dealing with security threats and managing a sluggish economy and a high unemployment rate.

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.