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:
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:
Prem Singh Tamang, the president of Sikkim Krantikari Morcha (SKM) and popularly known as P S Golay, has been sworn-in as the new chief minister of Sikkim. Governor Ganga Prasad administered the oath of office to Mr. Golay in a grand ceremony at the Palzor stadium in Gangtok. Mr. Golay is not a member of the state assembly at present as he did not contest the polls. The SKM won 17 of the 32 legislative Assembly seats in the State in the recently held Assembly polls. The Sikkim Democratic Front (SDF), which had ruled the State for 25 years, won 15. Mr. Golay succeeded Pawan Chamling of the SDF who has the record of longest-serving Chief Minister of the country, ruling the State for five consecutive terms for a little over 24 years.

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:
Murray Gell-Mann (89), a Jewish American physicist who theorized the existence of the quark and won a Nobel Prize for his method of classifying particles, has passed away in New Mexico on May 24, 2019. He transformed physics by devising a method for sorting subatomic particles into simple groups of eight, based on electric charge, spin and other characteristics. He called his method the “eightfold way” after the Buddhist Eightfold Path to enlightenment. Later he developed the theory that identified “quarks,” indivisible components of Earth’s matter that make up protons, neutrons and other particles.

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:
Actor Carmine Caridi (85), who is best remembered for playing Carmine Rosato in “The Godfather: Part II,” has passed away in California, United States on May 28, 2019. Besides “The Godfather” series, he also starred in TV shows including Phyllis, Starsky and Hutch, Taxi, NYPD Blue as Detective Vince Gotelli and Fame as Angelo Martelli. Interestingly, in 2004, Caridi became the first person to be expelled from the Academy of Motion Picture Arts and Sciences (AMPAS) after sharing screeners. He was booted out for passing on screeners of movies vying for Oscar attention. He along with Russell Sprague were sued by Sony and Time Warner on civil charges of copyright infringement. Caridi was cleared of wrongdoing.

Notes:
India has been ranked 43rd most competitive economy in the 2019 edition of the IMD World Competitiveness Rankings on the back of its robust economic growth, a large labour force and its huge market size. In the 2019 rankings, India has scored well on several economic parameters and tax policies but has lagged in terms of public finance, societal framework, education infrastructure, health and environment. Singapore has topped the index, followed by Hong Kong SAR and United States. The IMD World Competitiveness Rankings, established in 1989, incorporate 235 indicators from each of the 63 ranked economies to evaluate their ability to foster an environment where enterprises can achieve sustainable growth, generate jobs and increase welfare for its citizens.

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- Guwahati has signed a MoU with the Indian Space Research Organisation (ISRO) to set up a Space Technology Cell (STC) within the premise of IIT Guwahati. The new IITG-ISRO STC would be first-of-its-kind in the North-east region to augment research and capacity building processes in the field of space-technology. Through the STC, IIT Guwahati aspire to partner with ISRO for performing cutting edge research not only catering to the socio-economic needs of the Northeast but also to contribute towards the basic research activities of various ISRO projects across India. With STC, the Institute of IIT Guwahati and ISRO can work together to solve space science related problems in the modern world.