Monthly Current Affairs Quiz - August, 2018

Notes:
Indian shooter Shardul Vihan (15) from Uttar Pradesh clinched silver in the men’s double trap shooting event at the Jakabaring shooting range in the 18th Asian Games 2018 on August 23. He shot 73 to claim the silver medal, while Korea’s Shin Hyunwoo clinched gold with a score of 74. Qatar’s Al Marri Hamad Ali bagged the bronze after shooting 53 at the Jakabaring shooting range. Vihan, who is coached by former Asian Championship double gold medallist Anwer Sultan, had grabbed four gold medals at Shotgun Nationals Championship in 2017.

Notes:
Indian Tennis player, Ankita Raina has won a bronze after losing a hard fought women’s singles semifinal 4-6, 6-7 in straight sets against Shuai Zhang of China at the 2018 Jakarta Asian Games on August 23. With this, she became the 2nd Indian female tennis player after Sania Mirza to win a medal in singles’ competition at the Asian Games. For India, Mirza won silver in Doha in 2006 and a bronze in Guangzhou 2010. Ankita from Maharashtra is currently India’s number one women’s singles.

Notes:
On August 23, the 2018 India Banking Conclave (IBC) was held in New Delhi to address issues of India’s Banking Sector. It was organized by Centre for Economic Policy Research (CEPR) and the government Think Tank NITI Aayog. IBC 2018 is an important platform for varied stakeholders connected to India’s banking and financial sectors. The 2-day thought awareness programme witnessed panel discussions on NPAs, development of banks with changing times, privatization versus merger and the future of banking, among other issues.

Notes:
The European Space Agency (ESA) has launched a wind- sensing satellite “Aeolus” into orbit from French Guyana to track global winds. The satellite will be placed at an altitude of 320 Km above the Earth. The launch is part of the Copernicus project, a joint effort by the European Union and the European Space Agency (ESA) to track environmental damage and assist disaster relief operations. The “Aeolus” satellite – named after the keeper of the winds in Greek mythology – is designed to enable improved weather forecasting and aid disaster relief operations. It is equipped with a Doppler wind LIDAR – an advanced laser system designed to measure global wind patterns from space. Aeolus, which is built by Airbus, will be the first satellite equipped to perform global wind-component-profile observation on a daily basis in near real-time.

Notes:
The National Green Tribunal (NGT) has appointed former Punjab and Haryana High Court Chief Justice S J Vazifdar as head of a 3-member committee to decide mining company Vedanta Limited’s plea challenging the Tamil Nadu government’s order to close the Sterlite copper plant at Thoothukudi. The committee may, if necessary, visit the site and consider the technical data and take a decision as early as found viable preferably within 6 weeks after it assumes it’s working. Recently, on 9th August 2018, the Tribunal had allowed Vedanta to access the administrative unit inside its Sterlite copper plant at Thoothukudi in Tamil Nadu. Though, the plant would remain closed and the company would not have access to its production unit and directed the district magistrate to ensure this. In March 2013, Sterlite’s factory came into limelight when a gas leak led to the death of one person and injuries to several others, after which then chief minister J Jayalalithaa had ordered its closure.

Notes:
Renowned aerospace scientist Dr G Satheesh Reddy, who is scientific adviser to the Defence minister, has been appointed new chairman of the Defence Research and Development Organisation (DRDO) for a period of two years. He will also be secretary in the Department of Defence Research and Development (DDR&D) for the same period. The post of DRDO chief was lying vacant since May 2018 after the then Chief Dr. S. Christopher stepped down. Dr. Reddy is the first defence scientist working in India to receive the Silver Medal of Royal Aeronautical Society, UK, and has also been selected for the first IEI (India) and IEEE (USA) joint award for Engineering Excellence.

Notes:
The world’s first blockchain bond “bond-i” has recently launched by World Bank (WB), which is to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. The “bond-I” stands for Blockchain Operated New Debt Instrument and is also has reference to Sydney’s most famous beach ‘Bondi Beach’. The Commonwealth Bank of Australia is the sole arranger of the issuance for the bond. It was the first time that the World Bank bond raised capital from public investors through a legally valid bond issuance that uses blockchain from start to finish. This 2-year maturity bond has successfully raised 110 million Australian dollars (USD 80.48 million). The World Bank, whose bonds hold an AAA rating, regularly uses its borrowing power to help develop new bond markets as well as pioneering new means for selling and trading the securities. The bond-i blockchain platform was built and developed by the CBA Blockchain Centre of Excellence, housed in the Sydney Innovation Lab.

Notes:
On August 24, the National Electoral Transformation (NETA) mobile application has been launched by former President Pranab Mukherjee wherein voters can review and rate their elected representatives (MPs& MLAs) as well as hold them accountable. Apart from this, the application is being seen as an instrument to track voter sentiment across various constituencies in India. The purpose of app is to foster political accountability by being an indicator of the ways in which a leader’s performance is being perceived. To ensure participation, the app requires a combination of mediums like the app itself, IVR calls, SMS and even offline activation leveraging ASHA and anganwadi workers to collate data on evolving political inclinations. The app is the brainchild of an entrepreneur Pratham Mittal and is inspired by the US approval system.

Notes:
Fouaad Mirza from Bangaluru clinched silver in the equestrian event with a score of 26.40 at the 2018 Jakarta Asian Games on August 26. With this, he became the first Indian to win an Asian Games individual medal in the equestrian event after 36 years. The last individual eventing medal came in 1982 when Raghubir Singh topped the table in New Delhi. Beside this, the Indian equestrian team, comprising Fouaad Mirza, Jitender Singh, Akash Malik and Rakesh Kumar, also won silver in the same competition with a combined score of 121.30 in the ongoing event. Equestrian is a sport related to Horse riding.

Notes:
Prasar Bharati has recently signed MoU with Mizzima Media Group of Myanmar to realize cooperation and collaboration in broadcasting and content sharing. The agreement was signed in the presence of Prasar Bharati CEO, Shashi Shekhar Vempati and Editor-in-chief and MD, Mizzima in New Delhi. The agreement will realize cooperation and collaboration in broadcasting and envisions content-sharing covering a wide range of genres, including culture, entertainment, education, science, news and sports along with other areas of mutual interest.