Monthly Current Affairs Quiz - October, 2017

Notes:
In Libya, the Port of Benghazi has officially reopened for the first time in three years on September 30, 2017 after being forced to cease operations because of clashes in the cradle of the 2011 revolution. After long-time dictator Muammar Kadhafi was ousted and killed in the 2011 revolution, the country descended into political and military chaos. Commercial operations at the port had ended in 2014 when armed movements, including the Islamic State terror group, occupied the North African country’s second city. In a bid to boost business at the facility, port officials announced a temporary customs exemption for all imports through Benghazi. The port is situated in the eastern part of the country.

Notes:
The Karlapat Wildlife Sanctuary (KWS) is located in Kalahandi district of Odisha and covers an area of 75 square kilometres. This sanctuary is home to many wildlife species like tiger, leopard, sambar, nilgai, barking deer, mouse deer, a wide variety of birds like green munia, Great Eared-nightjar and various reptiles.

Notes:
For the first time, Nepal and India will conduct a joint tiger census in their national parks, forests and protected areas adjoining the two countries by using a globally-recognised method – camera tapping procedure from November 2017. By using this method, officials can avoid chances of repeated counting of the same tiger. The Chitwan National Park and Parsa Wildlife Reserve, which are the habitats of tigers in Nepal, are adjacent to the Balmiki Tiger Reserve in Bihar. Similarly, Nepal’s Bardiya National Park is close to India’s Katarniaghat Wildlife Sanctuary while the Shuklaphanta National Park in Nepal adjoins India’s Dudhwa Tiger Reserve. The tiger is regarded as an endangered animal and is listed in the Convention on International Trade in Endangered Species (CITES).

Notes:
The Reserve Bank of India (RBI) has recently released its 4th bi-monthly monetary policy statement for the year 2017-18. As per the monetary policy statement, the policy repo rate under the Liquidity Adjustment Facility (LAF) has remain unchanged at 6%. The reverse repo rate, at which RBI borrows from banks will continue to be at 5.75%.

Notes:
The 2017 Nobel Prize in Physics has been jointly awarded to three US scientists – Rainer Weiss, Kip S. Thorne and Barry C. Barish – for the detection of gravitational waves. The ripples were predicted by Albert Einstein and are a fundamental consequence of his General Theory of Relativity. The winners are members of the Ligo-Virgo observatories, which were responsible for the breakthrough. The winners join a prestigious list of 204 other Physics laureates recognised since 1901. The trio will share the prize sum of nine million kronor prize. Prof Weiss gets half of the prize money, while Barish and Thorne will share the other half. Gravitational waves describe the stretching and squeezing of space-time that occurs when massive objects accelerate.

Notes:
British writer Kazuo Ishiguro has won the 2017 Nobel Prize for Literature. The novelist was praised by the Swedish Academy as a writer “who, in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world”.The prize of 9 million Swedish kronor will be awarded to him. The literature prize is given for a lifetime of writing rather than for a single work. Ishiguro has written eight books, which have been translated into over 40 languages. His most famous novels “The Remains of the Day” and “Never Let Me Go” were adapted into highly acclaimed films. He won the Booker Prize in 1989 for The Remains of the Day and made an Order of the British Empire (OBE) in 1995.

Notes:
The Chakrashila Wildlife Sanctuary (CWS) is located under Dhubriand Kokrajhar districts of Assam and covers an area of 45.568 square kilometers. It is famous for the golden langur and is the second protected habitat for golden langur in India. Some species of mammals recorded in this sanctuary are short nosed fruit bat, Indian false vampire, Indian pipistrelle, rhesus macaque, Chinese pangolin, Asiatic jackal, etc.

Notes:
The Union government has set up a high-level committee for proper management of water resources in the North-Eastern region. The Committee will be headed by NITI Aayog Vice Chairman Rajiv Kumar. It will facilitate optimising benefits of appropriate water management in the form of hydro-electric power, agriculture, bio-diversity conservation, reduced flood damage erosion, inland water transport, forestry, fishery and eco tourism. The committee is also tasked with spelling out actionable steps for optimizing water resources in the region and chalking out an action plan for dovetailing of Central schemes. The high-level committee will submit its report by June 2018.

Notes:
The Union Ministry of Tourism has started a festival of Tourism ‘Paryatan Parv’ from Humayun’s Tomb in Delhi from October 5, 2017 & will continue across the country till 25th of this month. The event is being organized by the Ministry of Tourism in collaboration with other Central Ministries, State Governments and Stakeholders. The objective is to draw focus on the benefits of tourism, to showcase the cultural diversity of the country and reinforce the principle of Tourism for All. It will have three main components, Dekho Apna Desh, Tourism for All and Tourism & Governance. The components aims to encourage Indians to visit their own country, tourism events at sites across all states and interactive Sessions and workshops with stakeholders on varied themes.

Notes:
Bangladesh has signed $4.5 billion third line of credit (LoC) agreement with India for its infrastructure and social sector development on October 4, 2017. The new Indian line of credit will be used to fund 17 major projects in Bangladesh, which include electricity, railroads, roads, shipping and ports. As with previous LoC agreements, Bangladesh will pay an interest rate of 1 % a year. It will have 20 years to pay back the loans, with a grace period of five years. Under the agreement, Bangladesh would have to purchase 65 to 75% of the services, goods or works from the Indian market with the money to be provided under the third LoC following the precedence of the previous two nearly identical agreements. Bangladesh has two other LoCs open with India: the first one was signed in 2010, and the second one in 2016. These LOCs are collectively worth Tk3.06 billion, but till last year, Bangladesh government has been able to use only USD 576 million.