Current Affairs Quiz - March, 2019

Notes:
Darryl D’Monte (74), the senior journalist and environmental activist, has passed away in Mumbai on March 16, 2019. During his long career, D’Monte worked as the resident editor with leading media organisations such as ‘The Times of India’ and ‘Indian Express’ in Mumbai. He also wrote for websites and penned the book ‘Ripping the Fabric’ on the decline of cotton mills in Mumbai and the resulting challenges. He had also served as the chairperson of the Forum of Environmental Journalists of India (FEJI) and was the founder-president of the International Federation of Environmental Journalists (IFEJ) in Dresden, Germany, in 1993.

Notes:
The State Bank of India (SBI), ICICI Bank and HDFC Bank would have to comply with additional capital requirement norms by 1st April 2019 as the banks continue to be in the Reserve Bank of India (RBI)’s list of Domestic Systemically Important Banks (D-SIBs) for 2018. D-SIBs are required to maintain higher capital as compared to other banks. It means that these banks are too big to fail and failure of any of these banks will have cascading effect on Indian financial system. The D-SIB framework requires the RBI to disclose the names of banks designated as D-SIBs starting from 2015 and place these banks in appropriate buckets depending upon their Systemic Importance Scores (SISs). SIBs are subjected to higher levels of supervision so as to prevent disruption in financial services in the event of any failure.

Notes:
Indian psychologist, psychoanalyst and co-founder of the postcolonial theory, Prof. Ashis Nandy has been chosen for the prestigious 2019 Hans Kilian award for his efforts to adapt western traditions of thought such as psychoanalysis to non-western context. With this, he will become the first Asian to receive the prestigious award on May 9 at the Ruhr-University Bochum in Germany. The award is given to researchers whose outstanding scientific achievements provide insight into the historical and cultural existence of humankind and the constantly evolving human psyche. It was instituted by the Kohler Foundation in Germany and named after social psychologist and psychoanalyst Hans Kilian. It is awarded every two years and was first awarded in 2011. The prize includes 80,000 euros.

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.

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:
Recently, Italian Premier Premier Giuseppe Conte has pledged to make Italy the first Group of Seven nation to join China’s ambitious Belt and Road initiative, despite objections from the United States and concerns within his governing coalition. While, on 20th March 2019, India signalled that it will boycott China’s second Belt and Road Forum (BRF) for a second time. It stated that no country can participate in an initiative that ignores its core concerns on sovereignty and territorial integrity. India boycotted the first BRF in 2017 after protesting to Beijing over the controversial China-Pakistan Economic Corridor (CPEC) which is being laid through the Pakistan-occupied Kashmir (PoK) overriding New Delhi’s sovereignty concerns. China has already deepened its commitment to expand the USD 60 billion CPEC, which aims to connect China’s Xinjiang province with Pakistan’s Gwadar port with a host of road, rail, gas and oil pipelines.

Notes:
The International Day of Forests is observed every year on 21st of March to celebrate and raise awareness of the importance of all types of forests. It also seeks to highlight vital role played by forests in poverty eradication, environmental sustainability and food security. The 2019 theme is “Forests and Education”. This year, the International Day of Forests promotes education to Learn to Love Forests. It underscores the importance of education at all levels in achieving sustainable forest management and biodiversity conservation. Healthy forests mean healthy, resilient communities and prosperous economies.

Notes:
Hindi writer Leeladhar Jagudi will be honoured with the Vyas Samman 2018 by the KK Birla Foundation for his collection of poems “Jitne Log Utne Prem”. The book, published in 2013 was selected by a Chayan Samiti presided over by litterateur Dr. Vishwanath Prasad Tiwari. Born in Dhangal village in Tehri Garhwal of Uttarakhand, Mr. Jagudi was awarded the Padma Shri in 2004 apart from other awards, including the Sahitya Akademi Award, Akashvani National Award, Uttar Pradesh Hindi Institute and Uttarakhand Gaurav Samman. The Vyas Samman, started in 1991 is given to an outstanding literary work in Hindi authored by an Indian citizen which has been published in the last decade. The award carries an amount of Rs. 4 lakh.