GK & Current Affairs Quiz: February 24-25, 2019

Notes:
In New Delhi, Prime Minister Narendra Modi addressed the 5th edition of the Economic Times (ET) Global Business Summit 2019 on Feb 23 to offer insights into the direction of future policy. The two-day summit hosted business leaders and technology entrepreneurs from some of the most talked about and disruptive companies across the globe including Nathan Blecharczyk, co-founder of AirBnB, Martin Eberhard co-founder of Tesla, Sebastian Thrun CEO of KittyHawk and many more. The summit is a flagship initiative of the Times Group that envisions to bring together visionaries, thought leaders, heads of state, policy makers, academicians and corporate heads cohesively driving a singular agenda for Scripting Economic Change, by connecting the building blocks of Economics for India and the Globe.

Notes:
International terror financing watchdog, the Financial Action Task Force (FATF) has decided to keep Pakistan on its grey list, despite India’s push to blacklist it in the aftermath of Pulwama terror attack. The decision was recently taken at the end of week-long meetings by the FATF in Paris. The Paris-based FATF stated that Pakistan has made only limited progress in curbing money laundering and terrorism financing. It failed to show a proper understanding of the risks posed by terror outfits like Lashkar-e-Taiba, Jaish-e-Mohammad, Jamat-ud-Dawa and others. Pakistan has until October 2019 to either comply with the demands made by FATF members or it could be blacklisted. The FATF has asked Pakistan to swiftly complete its action plan that includes showing sanctions were being applied in cases of money laundering and terrorism financing. It also has to demonstrate better cooperation between authorities, identify illegal money flows, and enhance support for prosecutors, among other measures. Terror outfit Jaish-e-Mohammad had claimed responsibility for the Pulwama attack. Iran and North Korea are currently blacklisted.

Notes:
Justice Uma Nath Singh, the former Chief Justice of Meghalaya High Court, has been sworn-in as the first Lokayukta of Nagaland and will hold the office for a term of 5 years or till he attains the age of 70. Governor PB Acharya administered the oath to Justice Singh him at a function held at Raj Bhavan in Kohima on 22nd Feb 2019. The Lokayukta is an anti-corruption ombudsman organization in the Indian states. Once appointed, Lokayukta cannot be dismissed nor transferred by the government, and can only be removed by passing an impeachment motion by the state assembly. Maharashtra was the first state to introduce the institution of Lokayukta through The Lokayukta and Upa-Lokayuktas Act in 1971. This was followed by similar acts that were enacted by the states of Odisha, Rajasthan, Bihar, Uttar Pradesh, Karnataka, Madhya Pradesh, Andhra Pradesh, Gujarat, Kerala, Tamil Nadu and the union territory of Delhi.

Notes:
IIT-Madras has entered into an agreement with Translational Health Science and Technology Institute (THSTI) to address public health issues and predict adverse pregnancy outcomes using technology. The aim of the pact is to bring physician-scientists, biologists, engineers and data scientists together to solve public health problems related to maternal and child health. The objective is to apply advanced analytical approach for prediction of adverse pregnancy outcomes, evaluate maternal and childhood consequences of exposure to environmental pollutants, among others. The THSTI is an autonomous institute of Department of Biotechnology (DBT). DBT is a department under Ministry of Science and Technnology.

Notes:
Kodi Ramakrishna (69), the veteran Telugu film director, has passed away in Hyderabad on Feb 22. Born at Palakollu in West Godavari district of Andhra Pradesh, Ramakrishna made his debut in 1992 with romantic comedy ‘Intlo Ramaiah- Veedhilo Krishnaiah’ starring Chiranjeevi. He was known for championing the use of visual effects (VFX) to enhance cinematic experience in Telugu cinema. His films like ‘Ammoru’ and ‘Arundhati’ were praised for their VFX work. Some of his other popular films include Gudachari No 1, Muddula Krishnaiah, Pelli Pelli Pandiri and Rikshavodu. In 2016, Ramakrishna also commenced work on a biopic on Sathya Sai Baba, and it features Malayalam actor Sreejith Vijay in the titular role. The project still remains incomplete.