Monthly Current Affairs Quiz - March, 2017

Notes:
The 4th edition of India-CLMV (Cambodia, Lao PDR, Myanmar and Vietnam) Business Conclave was held in Jaipur, Rajasthan. It was inaugurated by the Union Minister of Commerce and Industry Nirmala Sitharaman, which was organised by the Department of Commerce and Confederation of Indian Industry (CII). The purpose of the conference was to identify specific project opportunities and seeks business partnerships in the region. The conclave focused on sectors such as Pharma, Healthcare, manufacturing, Agri Business, Food processing, Gems and Jewellery, Textiles, Leather, Renewable Energy and education.

Notes:
Robyn Rihanna Fenty, a Barbadian singer and songwriter, has been conferred with the 2017 Harvard Humanitarian of the Year award in recognition for her work to improve cancer treatment in her home country of Barbados and for setting up a college scholarship to bring Caribbean students to study in the United States. The annual award by the prestigious university is given to an individual whose works and deeds have served to improve the quality of lives and have inspired people to greater heights.

Notes:
The Jawaharlal Nehru University (JNU) has won the annual Visitor’s Award for the ‘Best University 2017’. Apart from this, Dr. Deepak Pant from the Central University of Himachal Pradesh won the Visitor’s Award for ‘Innovation’ while the Visitor’s Award for ‘Research’ has been jointly won by Dr. Shyam Sunder from Banaras Hindu University (BHU) and Prof. Niranjan Karak from Tezpur University. President Pranab Mukherjee will present the Visitor’s Awards at a function to be held at Rashtrapati Bhavan on March 6, 2017 as part of the ‘Festival of Innovations’. The ‘Best University’ will receive a Citation and Trophy while winners of Visitor’s Award for ‘Innovation’ and ‘Research’ will
receive a Citation and cash award of Rs 1 lakh. The aim of these awards is to promote healthy competition amongst Central Universities and to motivate them to adopt best practices from around the world in the pursuit of excellence.

Notes:
China will build its first national underwater observatory in the disputed South China Sea. Such a platform will reportedly allow the country to keep a check on underwater physical, chemical, and geological dynamics in real time and will also be used for other purposes. The construction work on the platform will be done with the help of Shanghai’s Tongji University and the Institute of Acoustics. By building this underwater observation platform, China will become an active part of the international competition. China has maritime disputes in the South China Sea and East China Sea. It claims almost all the waters, which carry a third of the world’s maritime traffic and has huge amounts of oil and natural gas. The waters are also claimed by the Philippines, Vietnam, Malaysia, Brunei and Taiwan. China also contests Japan’s hold over the islands in the East China Sea.

Notes:
The National Conference on Innovation in Educational Administration has started at Pravasi Bhartiya Kendra in New Delhi on March 5, 2017. The 3-day conference has organized by National University of Educational Planning and Administration (NUEPA). The main purpose of the programme is to recognise innovative ideas and best practices adopted by district and block level education officers for effective management of the educational administrative system at district and block levels. The National Awards for innovation in Educational Administration will be presented by Union Minister for Human Resource Development Prakash Javadekar on March 7. About 150 district and block level education officers from across India and resource persons and faculty of the university will participate in the conference.

Notes:
Rene Garcia Preval (74), the former President of Haiti, has recently passed away in Port-au-Prince, Haiti. He was the agronomist and champion of the poor who served two terms as the country’s leader. Preval was the first elected head of state in Haitian history to peacefully receive power from a predecessor in office. His presidencies were marked by domestic tumult and attempts at economic stabilization.

Notes:
The Global rating agency Fitch has forecasted India’s GDP growth for FY 17 to 7.1% and for both FY 2017-18 and FY 2018-19 to 7.7%. Fitch stated that the December quarter GDP number suggests that economic activity was hardly hit by the cash crunch after the government’s move to remove 86% of currency in circulation overnight. It expects the policy interest rate to stay at its current level of 6.25%. Fitch projection of growth for this fiscal is in line with the estimates of global think-tank Organisation for Economic Co-operation and Development (OECD).

Notes:
HDFC Bank has recently launched India’s first Artificial Intelligence (AI)-based banking chatbot “Electronic Virtual Assistant (EVA)” for customer service. EVA can answer millions of customer queries across multiple channels instantly. Eva can assimilate knowledge from thousands of sources and provide answers in simple language in less than 0.4 seconds.

Notes:
The 2017 International Yoga Fest has started at Talkatora Indoor Stadium, New Delhi from March 8, as a Curtain Raiser for International Day of Yoga (IDY) 2017. The 3-day event is organised by Ministry of AYUSH, Morarji Desai National Institute of Yoga (MDNIY) in association with Indian Yoga Association (IYA) and New Delhi Municipal Corporation (NDMC). It is inaugurated by the M. Venkaiah Naidu, the Union Minister of Information and Broadcasting and Urban Development and Housing. The main purpose of the Fest is to sensitize the masses regarding celebration of International Day of Yoga (IDY) held every year. More than 3,500 participants including eminent yoga gurus, yoga masters, scholars, policy makers and representatives from 15 to 18 countries will participate in the mega event. It will comprise parallel yoga workshop, lectures, Satsang, cultural programmes and yoga demos.

Notes:
The Jammu and Kashmir government will organise a first-of-its-kind “Tulip festival” from April 1, 2017 in the summer capital of Srinagar. The 15-day mega tulip festival will be part of Bahaar-e-Kashmir (Spring in Kashmir) event to showcase Asia’s largest tulip garden “Indira Gandhi Memorial Tulip Garden”. The garden has more than 20 lakh tulips of 46 varieties and its opening marks the beginning of tourism season in the Valley. At the festival site, decorated kiosks and stalls will showcase rich handicrafts and cuisine of the Valley with traditional and ethnic touch. Apart from this mega festival, an ‘Aalmi Mushaira’ event will be held wherein world famous poets will enthral the audience with their latest Urdu compositions. This too would be first-of-its-kind in the Valley.