Monthly Current Affairs Quiz - August, 2017

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The Punjab government has recently launched its flagship ‘Apni Gaddi Apna Rozgar’ scheme for jobless youth by flagging off over 100 uberMOTO bikes. Under the scheme, the state government will provide commercial two wheelers and four wheelers to unemployed youth at subsidised rates. The scheme will be a game-changer for the youth of Punjab and will play a catalysing role in encouraging micro-entrepreneurship opportunities throughout the state. The target of Uber is to create 10,000 entrepreneurial opportunities in Punjab in one year and a total of 45,000 in next five years.

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Sebastian Vettel, a German racing driver currently driving in Formula One for Scuderia Ferrari, has won the 2017 Formula One Hungarian Grand Prix tournament at the Hungaroring in Mogyorod, Hungary.

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The researchers at the IIT Kharagpur have developed a low-cost dirt detector that alerts authorities when a place needs cleaning. The Smart Hygiene Monitor (SHM) records levels of ammonia, sulphur dioxide, carbon monoxide, carbon dioxide, volatile organic compounds and particulate matter through sensors and sends online alerts to stakeholders when a certain threshold is crossed. It can be installed at any place where cleanliness needs to be monitored at regular intervals. At present, public facilities such as toilets, eateries, hospitals, parks, airports and railway stations are generally cleaned at fixed intervals, irrespective of how dirty they are.

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According to the Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17, the policy repo rate under the Liquidity Adjustment Facility (LAF) has reduced by 25 basis points from 6.25% to 6.0% with immediate effect. This move is expected to lower EMIs for home, auto and personal loans. This is the first rate cut since October 2016 and the interest rate is now at 6-year low. In line with record low retail inflation, the reverse repo rate under the LAF stands adjusted to 5.75%, and the Marginal Standing Facility (MSF) rate and the Bank Rate to 6.25%. The RBI Governor headed, six member Monetary Policy Committee also decided to keep the policy stance neutral in consonance with the objective of achieving the medium-term target for consumer price index inflation of 4%.

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The Sahyadri Tiger Reserve (STR) is located in the Sahyadri ranges of the Western Ghats of Maharashtra. It is in news because the Maharashtra government is planning to relocate tigers from Vidarbha region to the sanctuaries elsewhere where their population is smaller, including the Sahyadri Tiger Reserve (STR). At present, STR has only seven tigers. For this, the state government has also set up a committee to examine this issue, and a decision will be taken based on its recommendations. It will also consult experts from the Centre and submit its report in 2-3 months.

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The Indian Army has developed a mobile application ‘Humraaz’ through which serving soldiers can track details like postings and promotions. Through the ‘Humraaz’ app, soldiers can also view their monthly salary slips and the Form 16 and also download them. For security reasons, the installation of the application has been linked to verification of Aadhaar details. The Aadhaar details will be verified with the Army database over National Information Centre (NIC) cloud and he will get a one-time-password on his registered mobile number. Thus, to enable usage of this mobile application, the latest mobile number of individuals should be linked to his Aadhaar number. The mobile app has been developed in-house by the Army and will be launched in the second week of August for prompt communication of information to junior commissioner officers and other personnels.

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The Securities and Exchange Board of India (SEBI) has recently constituted a committee on fair market conduct, which will be headed by former Lok Sabha secretary and law secretary T K Viswanathan. The panel will have representations from SEBI, mutual funds, brokers, audit firms, stock exchanges, data analytics firms and legal firms. The committee has been tasked with suggesting improvements to the existing SEBI norms, including on insider trading and Fraudulent and Unfair Trade practices (FUTP). It has been specifically asked to look at trading plans, handling of price-sensitive information during takeovers and aligning of insider-trading rules with provisions of the Companies Act. The committee has also been tasked with suggesting short-term and medium-term measures for improved surveillance of the markets, as well as issues of high-frequency trades and harnessing of technology and analytics in surveillance. The committee will submit its report within 4 months.

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The Maharashtra government has constituted a committee under the chairmanship of senior IPS officer Rashmi Shukla to suggest measures to ensure safety of women working in the Information and Technology sector. The committee will suggest measures that can be undertaken to ensure safety of women working in the IT sector. This information was given by the state government to Bombay High Court. The government also sought four weeks’ time to file a detailed affidavit on long-term steps it was contemplating to enhance women’s safety. The court has taken up the PIL ‘suo motu’ (on its own) on the issue of women’s safety in the state. In January 2017, a woman software engineer working with Infosys was allegedly killed by a security guard on the company’s premises in Pune.

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The researchers at Indian Institute of Science (IISc), Bengaluru have developed a low-cost highly sensitive nanometre-scale carbon monoxide sensor by employing an innovative fabrication technique. It is known that Carbon Monoxide (CO) can have adverse effects on the health of people exposed to it. Thus, it becomes necessary to have good, low-cost carbon-monoxide sensors. Typically, a sensor would be a thin, current carrying plate whose resistance changes on exposure to carbon monoxide. This in turn changes the value of the current flowing through it. This change when measured indicates the level of carbon monoxide in the air. The research is published in Sensors and Actuators B: Chemical.

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Narendra Singh Tomar, the Ministry of Drinking Water and Sanitation, has recently launched a Swachh Survekshan (Gramin)-2017 in New Delhi to encourage states and districts to improve their sanitation coverage and Solid Liquid Waste Management (SLWM). Under the Swachh Survekshan Gramin, all districts of the country will be ranked on the basis of performance, sustainability and transparency. So far, 4,600 villages and 1.4 lakh households have been covered under Swachh Sarvekshan (Gramin) Survey. The Union Rural Development Minister Narendra Singh Tomar has stated that toilet usage have increased to 91% in the country whereas overall toilet coverage in rural India has reached to 66%.