Monthly Current Affairs Quiz - April, 2018

Notes:
John Isner, an American professional tennis player, has won the 2018 men’s singles Miami Open tennis tournament. In the title clash, the 14th seeded American defeated fourth-placed German Alexander Zverev, 6-7, 6-4, 6-4 to win his first ever Masters 1,000 title. With this win, Isner returned to his career-high ranking of world No. 9.

Notes:
The Boao Forum for Asia (BFA), often called Summer Davos, will be held at Boao, a coastal town in the southern island province of Hainan from April 8 to 11 with theme ‘Open and Innovative Asia for a World of Greater Prosperity’. It is modeled after the World Economic Forum (WEF) held annually in Davos, Switzerland. It has its fixed address in Bo’ao, Hainan province, China, although the Secretariat is based in Beijing. The BFA is a non-profit organisation that hosts high-level forums for leaders from government, business, and academia in Asia and other continents to share their vision on the most pressing issues in this dynamic region and the world at large.

Notes:
Indo-Korean joint anti-piracy, search and rescue exercise ‘Sahyog-Hyeoblyeog 2018’ was conducted off the Chennai coast, in Tamil Nadu on April 6. The Korean Coast Guard ship ‘BADARO’ took part in the exercise. Indian Coast Guard deployed a Dornier aircraft to carry out sea-air coordinated search along with ICG Shaurya, Rani Abbakka, C-423, C-431 in the exercise. Director General of Indian Coast Guard Rajendra Singh and Commissioner of Korean Coast Guard General Park Kyung reviewed the exercise. The mission of the joint exercise is to develop working level co-operation and enhance inter-operability in the fields of maritime search and rescue, anti-piracy operations.

Notes:
The Indian Air Force (IAF) will carry out one of its biggest combat exercises named ‘Gaganshakti 2018’ from 8th April to check its operational preparedness with a focus on dealing with any possible security challenges from China and Pakistan. The two-week long exercise will involve almost the entire assets of the IAF including its fighter squadrons and the main objective of the day and night drill will be to check war waging capability of the force. The first phase of the exercise will focus on northern borders and second phase will be carried out to check preparedness in case of a war-like situation along the western borders. It will also focus on flexible use of airspace, joint maritime air operations with the Indian Navy, joint operations with the Indian Army, simulated combat search and rescue for effective extraction of downed aircrew behind enemy lines, mass casualty evacuation from highway among others.

Notes:
Santosh Kumar Mohanty has been appointed a whole-time member of market regulator Securities and Exchange Board of India (SEBI) for a period of three years. At present Executive Director in SEBI. Prior to this assignment, he was serving as Director in the erstwhile commodity market regulator Forward Markets Commission. An officer from the Indian Revenue Service (IRS), Mohanty has earlier served in the Income Tax Department in various capacities in Kolkata, Nagpur and Mumbai.

Notes:
In a bid to use technology for farmers’ benefit, the Tamil Nadu government has launched mobile application named ‘Uzhavan’ (farmer) app that will allow ryots to have access to 9 types of services including details about their crop insurance. It was launched by Chief Minister K Palaniswami. The app can be used by farmers to get information on farm subsidies, book farm equipment and related infrastructure and get details on their crop insurance, besides receiving weather forecast for the next four days. Palaniswami also launched the ‘Amma Bio-Fertiliser’ scheme, named after late Chief Minister J Jayalalithaa. The initiative was aimed at better management of nature farming, and help boost and maintain soil fertility.

Notes:
In its latest Asian Development Outlook (ADO) 2018, the Manila-based Asian Development Bank (ADB) has stated that India’s economic growth is set to rise to 7.3% in 2018-19 and grow at 7.6% further in FY20 on the back of structural reforms such as GST and clean banking. In its report, ADB has credited the Modi-government’s GST saying that growth will pick up as the new tax regime improves productivity. The report also stated that Indian economy grew 6.6 % in FY18 as it battled the lingering effects of demonetisation in 2016, businesses adjusting to GST in 2017, and a subdued agriculture. The country’s economic growth was 7.1% in 2016-17.

Notes:
The 16th International Energy Forum Ministerial Meeting – IEF16 has started in New Delhi, India from April 10, 2018. It was inaugurated by Prime Minister Narendra Modi. The aim of the 3-day IEF16 is to focus on how global shifts, transition policies and new technologies influence market stability and future investment in the energy sector. The IEF16 is the largest gathering of energy ministers from across the globe, industry leaders and heads of key international organisations who will debate the future of global energy. Its 72 member countries are signatories to the IEF Charter, which outlines the framework of the global energy dialogue through this inter-governmental arrangement. Apart from them, 20 countries are also participating in this meeting as special invitees.

Notes:
Indian shooter Shreyasi Singh gave India its 12th Gold medal at the 21st Commonwealth Games at Gold Cost, Australia on April 11, 2018. She bagged the coveted yellow metal in the Women’s Double Trap event, after beating Aussie Emma Cox in the shootout. In the Men’s Double Trap, Ankur Mittal bagged a Bronze after finishing third.

Notes:
India with an economic freedom score of 54.5 points has been ranked 130th in the latest annual Index of Economic Freedom released by a top American think-tank the Heritage Foundation. As per 2018 Index, India is developing into an open-market economy, but traces of its past autarkic policies remain. The Index covers 12 freedoms – from property rights to financial freedom – in 186 countries. It is a helpful tool for a variety of audiences, including academics, policymakers, journalists, students, teachers, and those in business and finance. The index is topped by Hong Kong, followed by Singapore, New Zealand, Switzerland and Australia.