Current Affairs Quiz - March, 2019

Notes:
Indian Coast Guard Ship ‘INS Vijit’ has become the first-ever Coast Guard ship to visit Indonesian port of Sabang on March 17, 2019. The ship is commanded by Comdt T Ashish (0532-J), who is a long Navigation Direction officer. The 4-day visit of INS Vijit highlighted the close proximity between the two countries and the strengthening cooperation in maritime security and safety. During its maiden voyage officers and crew of Vijit will hold interaction with officials of Bakamla (Indonesian Coast Guard), Indonesian Armed Forces and the civil administration at Sabang. It is the another step forward in implementation of “Shared Vision of Maritime Cooperation in the Indo Pacific”. ‘Vijit’ meaning “Winner or Victorious” is the testimony of India’s shipbuilding capabilities and the resolve of Govt of India to safeguard country’s maritime interests. Earlier, in July 2018, Indian naval ship INS Sumitra visited Sabang and highlighted the maritime proximity between India and Indonesia.

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IIT Roorkee has signed a pact with the Indian Space Research Organisation (ISRO) to set up an ISRO-IITR Space Technology Cell (STC). The ISRO – IITR Cell shall pursue advanced research in the areas of relevance to the future technological and programmatic needs of the Indian Space Programme and shall devote its resources including human resources to this effect. The activities of STC shall be directed to maximise the use of the research potential, infrastructure, expertise and experience that already exist in ISRO and IIT Roorkee. Its research facility will consist of faculty members, visiting scientists and experts, research personnel, technical, administrative and support staff. IIT Roorkee will be responsible for overall management of STC by providing required infrastructure, administrative and other support.

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The book titled “The Great Disappointment: How Narendra Modi Squandered a Unique Opportunity to Transform the Indian Economy” has been authored by economic and political commentator Salman Anees Soz. The book claims that Demonetisation was a terrible idea and the government’s own economic surveys have indicated that this move contributed to a slowdown in the economy. According to author, demonetisation was a self-goal by the Modi government. The book attempts to answer the overarching question of whether or not the Modi government transformed India’s economy and what the next government’s agenda should look like. The book is also a critical assessment of five years of the brand of economics Modi has championed, often referred to as ‘Modinomics’.

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The World Sparrow Day (WSD) is observed every year on 20th of March to protect these little birds and conserve their houses. The house sparrow is on the verge of extinction. The 2019 theme “I Love Sparrows” is inspired by hope that more and more will celebrate the relationship between People and Sparrows. The initiative was started by Nature Forever Society (NFS) of India, founded by Mohammed Dilawar, an Indian conservationist. He started his work helping the house sparrow in Nashik. He was also named one of the “Heroes of the Environment” for 2008 by Time for his efforts. The idea of marking WSD came up during an informal discussion at the NFS’s office. The idea was to earmark a day for the house sparrow to convey the message of conservation of the house sparrow and other common birds and also mark a day of celebration to appreciate the beauty of the common biodiversity which is taken so much for granted. The first WSD was celebrated in 2010 in different parts of the world. To encourage efforts made towards this cause and to selflessly conserve the environment, NFS has instituted the first Sparrow Awards in Ahmedabad, Gujarat, on 20 March 2011.

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Brazilian physicist and astronomer Marcelo Gleiser (60) has been awarded the prestigious $1.4 million Templeton Prize for year 2019 for his work on blending science and spirituality. He is the first Latin American to win the prestigious prize. Gleiser is theoretical physicist and views that science and religion are not enemies. He has also explored in depth how science and religion both try to respond to questions on the origins of life and the universe. The Templeton Prize honors a living person who has made an exceptional contribution to affirming life’s spiritual dimension, whether through insight, discovery, or practical works.

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India’s deepest shaft cave has been discovered at Krem Um Ladaw in East Khasi Hills district of Meghalaya during the 28th edition of the annual ‘Caving in the Abode of the Clouds Expedition’. The cave has a 105 m deep shaft entrance passage. The cave has a 105 m deep shaft entrance passage. This comes a year after the discovery of the world’s longest sandstone cave – Krem Puri – near the village of Laitsohum in Mawsynram region of East Khasi Hills district of Meghalaya. With a length of 24,583 metres, Krem Puri was discovered back in 2016 but the actual length of the cave was obtained by the Meghalaya Adventurers’ Association (MAA) during one of its expeditions. The cave system has fossils of dinosaurs, especially the Mosasaurus, a giant reptile that lived 66-76 million years ago. With all these discoveries , Meghalaya has become one of the top caving regions of the world.

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The first-ever high-level dialogue on Indo-Pacific Cooperation (HLD-IPC) was held in Jakarta, Indonesia with theme was ‘Towards a Peaceful, Prosperous, and Inclusive Region’. It was organized by Government of Indonesia and saw participation of all 18 EAS member states including India. The Dialogue reflected India’s view that has outlined by PM Modi in 2018 Shangrila Dialogue — inclusive and transparent & rules based indo-Pacific. The delegates participated in the thematic debate under three themes: sustainable development goals, maritime cooperation, and infrastructure and connectivity. The purpose of the dialogue was to urge all participating governments to talk openly about their plans for increasing cooperation and for building trust in Pacific Ocean and Indian Ocean region.

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The Reserve Bank of India (RBI) has recently appointed 5-member committee under the chairmanship of Nandan Nilekani to further deepen digital payments and enhance financial inclusion through Fintech. The panel would assess the current levels of digital payments in financial inclusion, suggest measures to strengthen the safety and security of digital payments, provide a road map for increasing customer confidence to use digital transactions, and suggest a medium-term strategy for deepening of digital payments. Financial technology (often shortened to Fintech) is computer programs and a new technology innovation that aims to compete with traditional financial methods in the delivery of financial services. The committee will submit its report in 90 days from its first meeting.

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India has moved up two places to rank 76th on a global energy transition index 2019. This annual list, compiled by Geneva-based World Economic Forum (WEF), has ranked 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability. Sweden remains on the top on this annual list and is followed by Switzerland and Norway in the top three. Among major economies, the UK is ranked 7th, Singapore 13th, Germany 17th, Japan 18th and the US 27th. Within Asia, Malaysia is ranked highest at 31st, Sri Lanka is 60th, Bangladesh 90th and Nepal 93rd. The report said that India is amongst the countries with high pollution levels and has a relatively high CO2 intensity in its energy system. Despite this, India has made significant strides to improve energy access in recent years, and currently scores well in the area of regulation and political commitment towards energy transition. The report suggested there was a ground for optimism regarding India despite the current outdated energy system not being ready for the transition because an enabling environment is being built to support the future transition.

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The World Meteorological Day (WMD) is observed every year on 23rd of March to mark the establishment of World Meteorological Organization (WMO) on this day in 1950. This year, the organisation is celebrating its 69th anniversary. The 2019 theme ‘The Sun, the Earth and the weather” recognizes the critical role that the Earth’s nearest star plays in what transpires on the planet. The energy that the Sun sends towards the Earth is taken up by all life forms to perform their biological functions. It also regulates global climate, which, in turn, influences local weather conditions. The same energy is also absorbed by the oceans which carry it around the planet, creating further conditions for diverse marine life to exist.