Current Affairs Quiz - March, 2019

Notes:
The 3rd edition of Namaste Thailand Festival (NTF-2019) was held at Select Citywalk in New Delhi on March 15, 2019. The 3-day fest was organised by the Royal Thai Embassy with an aim to strengthen bilateral ties and increase cultural exchange between India and Thailand. The festival featured stage performances by Thai artistes including the much popular Thai folk-jazz band Asia-7. Along with the traditional Thai cuisines, the Namaste Thailand festival will feature a series of Thai craft activities including mulberry paper mini umbrella making, fan painting, body paint, and button badge making.

Notes:
Diksha Dagar, an Indian female professional deaf golfer, has created history by becoming the youngest Indian woman to win on the Ladies European Tour (LET) at the age of 18 as she won the 2019 Investec South African Women’s Open in Cape Town on 16th March. She also became the 2nd Indian woman golfer to win a title after Aditi Ashok.

Notes:
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’.

Notes:
Bengaluru FC won the 5th edition of the Indian Super League (ISL-2019) by defeating FC Goa 1-0 in the final at the Mumbai Football arena on 17th March 2019. It’s their first-ever ISL title. The two teams were locked 0-0 after 90 minutes. Even the first extra time saw no goals but Bengaluru got better of a 10-men Goan team 1-0, 4 minutes from the end of the second extra half. In it, Bengaluru FC defender Rahul Bheke became the match winner for the team in the dying minutes of the final.

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:
Haku Shah (85), the renowned Indian artist, has passed away in Ahmedabad, Gujarat on March 21, 2019. He was best known for his themes of tribal and folk art. Born on 26th March 1934, Shah did his Masters in Fine Art under renowned artists like K G Subrahmanyam. A large part of his work was deeply influenced by tribal art and culture, as well as the Bhakti movement, especially its Nirguna poetry. Shah was also a cultural anthropologist. He carried out extensive field research and documentation on rural and tribal arts and crafts, traditions and folk lore, and established a tribal museum at Gujarat Vidyapith. Fondly known as “Haku bhai”, the award-winning artist also set up the first of its kind Crafts Village – Shilpgram in Udaipur in Rajasthan in the 1980s. Shah, who published his memoirs, “Manush” in 2009, received several awards including the Padma Shri (1989), the Jawarharlal Nehru Fellowship and the Kala Ratna for his contribution to art.

Notes:
In its latest Global Economic Outlook (GEO), Fitch Ratings has recently cut India’s economic growth forecast for the financial year FY20 starting April 1, to 6.8% from its previous estimate of 7%, on weaker than expected momentum in the economy. According to Fitch, the RBI has adopted a more dovish monetary policy stance and cut interest rates by 0.25 percentage at its February 2019 meeting, a move supported by steadily decelerating headline inflation. Fitch Ratings cut India’s FY19 GDP growth forecast to 7.2% from 7.8% on December 6. The rating agency has also cut growth forecasts for FY20 and FY21 to 7% from 7.3% and 7.1% from 7.3%, respectively.

Notes:
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.

Notes:
On the occasion of World Happiness Day (WHD -2019), the United Nations released the 7th annual World Happiness Report, which ranks the world’s 156 countries on “how happy their citizens perceive themselves to be”. In it, India has dropped 7 spots and is ranked 140th in the 2019 UN World Happiness Index. As a result, India featured in the five countries that had the largest drop since 2005-2008 in the index, along with Yemen, Syria, Botswana and Venezuela. Finland has been ranked as the happiest country in the world for the second year in succession. The Nordic nation is followed by Denmark, Norway, Iceland and The Netherlands. The report ranks countries on six key variables that support well-being: Income, freedom to make life choices, Trust, Healthy life expectancy, Social support and Generosity. The report noted that there has been an increase in negative emotions, including worry, sadness and anger. Pakistan is ranked 67th, Bangladesh 125th and China is placed at 93rd, according to the report. People in war-torn South Sudan are the most unhappy with their lives, followed by Central African Republic (155), Afghanistan (154), Tanzania (153) and Rwanda (152).

Notes:
Researchers at Purdue University in the US, including one of Indian origin, have developed a new process to remove nearly all traces of oil in produced water — a byproduct from the oil refinery and extraction process. The process uses activated charcoal foam and subjects it to solar light to produce heat and purify the water. The foam absorbs the oil contaminants from the water. Ashreet Mishra, a graduate research assistant at the Purdue University, said that this is a simple, clean and inexpensive treatment process. The process meets all environmental standards for clean water from industrial sources and had a total organic carbon of 7.5 milligrams per litre. Another advantage is that the oil absorbed by the foam can be recovered efficiently. The researchers were able to recover up to 95% of the oil that was absorbed. The process could be integrated with existing disposal systems to purify a large amount of water and reduce the current stress on water grids.