Current Affairs Quiz - March, 2019

Notes:
On 15th March, the Festival of Innovation and Entrepreneurship (FINE-2019) has been inaugurated by President Ram Nath Kovind in Gandhinagar, Gujarat. The 4-day event would provide platform to the innovators for building the linkages with potential stakeholders whose support can improve their prospects in coming years for the larger social good. It will also help in promoting lateral learning and linkages among the innovators to enrich the ecosystem for new India. FINE is a unique initiative of the Office of the President of India to recognise, respect, showcase, reward innovations and to foster a supportive ecosystem for innovators. The festival is organised by the President’s Secretariat in association with Department of Science and Technology (DST) and National Innovation Foundation (NIF). It is a celebration of country’s innovation potential, particularly ideas stemming from grassroots and from creative communities in disadvantaged regions.

Notes:
Maate Mahadevi (74), Head of Basava Dharma Peetha at Kudalasangama and a prominent Lingayat leader, has passed away in Bangalore, Karnataka on March 21, 2019. Installed as ‘Jagadguru’ in the 1970s, Maate Mahadevi launched several educational and religious institutions and published several books. She holds the 12th century woman poet Akka Mahadevi, who also wrote vachanas, as her role model. Beside this, she was at the forefront of the movement demanding separate religion status for the Lingayat community that erupted in the state in 2017-18 and had angered Veerashaiva seers and leaders.

Notes:
On March 15, the first-ever BRICS Sherpa meeting under the Presidency of Brazil concluded at Curitiba in Brazil. T S Tirumurti, Secretary (Economic Relations) in the MEA, led the Indian delegation at the 2-day meeting. During the meeting, India conveyed its support for the priority areas set out by Brazil, particularly to take forward BRICS cooperation on counter terrorism in a meaningful and concrete manner with BRICS member countries. New Delhi also underlined the need to take forward people-to-people cooperation and cooperation in science and technology and innovation and in health and traditional medicine.

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:
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:
Australian researchers, at the Australian Research Council (ARC) Centre of Excellence for Nanoscale BioPhotonics, have developed a new automated non-invasive technique for diagnosing eye surface cancer. The novel technique involves custom-building of an advanced imaging microscope linked with computing and Artificial Intelligence (AI) operations. It results in an automated system that is able to successfully identify between diseased and non-diseased eye tissue, in real-time, through a simple scanning process. The new technique scans natural light given off by specific eye cells — diseased cells — that have their own unique ‘light-wave signature’. This new technique offers the potential to reduce the need for biopsies, prevent therapy delays, and make treatment far more effective for patients. Eye surface cancer, also known as Ocular Surface Squamous Neoplasia (OSSN), is a common malignancy of the cornea and conjunctiva parts of the eye.

Notes:
The Sree Chitra Tirunal Institute of Medical Sciences and Technology (SCTIMST) has recently developed an anti cancer anti-inflamatory drug conjugated to the human serum Albumin. It is an intravenous delivery system, enabling 100 fold increase in drug bio-availability and is a mix of human serum albumin and a plant based drug. This combination is the first of its kind as human albumin which is more compatible to the human body is being used. Clinical trials in humans have to be completed and results assessed as the ensuing steps towards commercialisation. The institute has also developed the technology of isothermal based DNA amplification device to detect TB bacterium in sputum samples in less than 30 minutes. Nearly 2-3 million people are infected with Tuberculosis and the prevalence of totally drug resistant TB (TDR-TB) is very high in India. The TB screening device employs a nucleic acid amplification technique to detect TB in less than 30 minutes with high specificity and without false positives. It can simultaneously screen 20 patient samples in one assay and at considerably lower cost than the existing devices ( costs approx Rs 2500/ sample). The device will also help in mass screening of population of people for TB at a substantially low cost.

Notes:
Indian paddler Archana Kamath clinched a silver in the under-21 women’s singles section of the Seamaster ITTF Challenge Plus 2019 Oman Open table tennis tournament at Muscat. Archana started playing table tennis at the age of 9 years. She won her first U-12 and also a U -18 State title in 2011, and retained her Karnataka State No 1 Sub-Junior ranking throughout 2012 with some consistent performances. Since 2013 her career graph has seen a very steep rise. As a player, she describes herself as a fierce attacker.

Notes:
The Financial Technology (Fintech) Conclave has been organized by NITI Aayog in New Delhi and was inaugurated by Reserve Bank of India (RBI) Governor Shaktikanta Das. The objective of the conclave is to shape India’s continued ascendancy in FinTech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion. Nearly 300 Representatives from across the financial space – central ministries, regulators, bankers, startups, service providers and entrepreneurs are participating in the conclave. India is one of the fastest growing FinTech markets globally and industry research has projected that USD 1 Trillion or 60% of retail and SME credit, will be digitally disbursed by 2029. The Indian FinTech ecosystem is the third largest in the globe, attracting nearly USD 6 billion in investments since 2014.

Notes:
The Langkawi International Maritime Aero Expo (LIMA-2019) has started in Langkawi, Malaysia from 26 March 2019 to 30 March 2019. Indian Air Force (IAF) is participating in the Maritime Aero Expo for the first time, during which it will showcase its indigenously developed Light Combat Aircraft (LCA)-Tejas. The participation of IAF in LIMA-2019 will provide an opportunity to air-warriors to interact with their Royal Malaysian Air Force (RMAF) counterparts and foster close relationship between the two services. This will serve as a foundation for any future interaction with the Malaysian Air Force. It will also provide an opportunity to RMAF to assess the capabilities of LCA.