Current Affairs Quiz - March, 2019

Notes:
The World Intellectual Property Organization (WIPO) has recently released the 2018 report on patents filed by members of its Patent Cooperation Treaty (PCT). The United Nations (UN) data shows the United States remained the leading individual country for patent applications in 2018. But on a regional basis, Asia’s surge continued. It’s a sign of innovation shifting from west to east because more than half of all international patent applications filed last year came from Asia. In the main category-the PCT, the US led the way with 56,142 applications, followed by China (53,345) and Japan (49,702). Germany and South Korea came in a distant fourth and fifth, with fewer than 20,000 applications each. India registered the largest innovation jump of any country last year. Patent applications jumped more than 27% – from 1,583 in 2017 up to 2,013. Chinese telecommunications behemoth Huawei also set new record for the number of patent applications filed a single corporation in one year with 5,405. Patent filings are seen as a measure of the spread of science and technology in a country. Patent protection also provides monopoly rights to the inventor.

Notes:
The International Day of Happiness (IDH) is observed every year on 20th of March to recognise the importance of happiness in the lives of people around the world. The day is a good reminder that our world is changing. If we want to understand how we progress, why we sometimes fail & ultimately improve the quality of all our lives, then the pursuit of happiness may offer an answer. The 2019 theme “Happier Together” focuses on what we have in common, rather than what divides us. It is celebrated by all 193 UN Member States.

Notes:
The World Water Day (WWD) is observed every year on 22nd March to tackle the global water crisis in households, schools, workplaces and farms. This day is also celebrated as a means of focusing attention on the importance of freshwater and advocating for the sustainable management of freshwater resources. an opportunity to learn more about water related issues, be inspired to tell others and take action to make a difference. Water is an essential building block of life. It is more than just essential to quench thirst or protect health; water is vital for creating jobs and supporting economic, social, and human development. The 2019 theme ‘Leaving no one behind’ is the central promise of the 2030 Agenda for Sustainable Development. The aim of Sustainable Development Goal 6 (SDG 6) is to ensure availability and sustainable management of water for all by 2030. By definition, this means leaving no one behind.

Notes:
Kazakhstan has officially renamed its capital Astana to Nursultan to honour outgoing leader Nursultan Nazarbayev who stepped down as President after three decades in office. The change was announced after Kassym-Jomart Tokayev was sworn-in as president. He will serve for the remainder of the presidential term which expires in April 2020. Mr. Nazarbayev ruled Kazakhstan since before it gained independence with the 1991 collapse of the Soviet Union. He steered the country through a major transformation, developing huge energy reserves and boosting its international influence, but was accused of cracking down on dissent and tolerating little opposition. Mr. Nazarbayev will continue to enjoy significant powers thanks to his Constitutional status as “Leader of the Nation”, life-time position as chief of the security council and head of the ruling Nur Otan party. Astana was previously known as Akmola, Tselinograd and Akmolinsk.

Notes:
Vice Admiral Karambir Singh has been appointed the next Chief of Naval Staff (CNS). Singh will succeed Admiral Sunil Lanba who retires on May 31. At present, Vice Admiral Singh is serving as the Flag Officer Commanding in Chief of the Eastern Naval Command in Visakhapatnam. In his 36-year-old career, Karambir Singh has commanded an Indian Coast Guard Ship, a Naval Missile Corvette as well as Guided Missile Destroyers. The Chief of the Naval Staff is the commander and the highest-ranking officer in the Indian Navy. The position is abbreviated CNS in Indian Navy cables and communication, and usually held by a four-star officer in the rank of Admiral.

Notes:
The World Poetry Day (WPD) is celebrated every year on 21st of March across the world to recognize the unique ability of poetry to capture the creative spirit of the human mind. . The day was adopted in 1999 during UNESCO’s 30th session held in Paris. The observance of the day is also meant to encourage a return to the oral tradition of poetry recitals, to promote the teaching of poetry, to restore a dialogue between poetry and the other arts such as theatre, dance, music and painting, and to support small publishers and create an attractive image of poetry in the media, so that the art of poetry will no longer be considered an outdated form of art, but one which enables society as a whole to regain and assert its identity.

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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.

Notes:
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.

Notes:
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.

Notes:
K Govindaraj has been re-elected as president of the Basketball Federation of India (BFI). The BFI is the governing and controlling body of Basketball in India. It is responsible for the development and promotion of the sport at all levels. BFI manages all the national level basketball operations in India. It is involved in organizing training camps and national tournaments, and in preparing Indian teams for both men and women international competitions in various age categories. The national team of India is also called as Young Cagers