Current Affairs Quiz - March, 2019

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:
Nursultan Nazarbayev, the longest-serving post-Soviet leader, has unexpectedly resigned as president of Kazakhstan after 29 years in power in a surprise public address on national television. But, he would remain the chairman of the country’s powerful security council, the leader of the Nur Otan party, which dominates parliament, and his official title as “The Leader of the Nation”. The move comes on the back of growing social discontent and an economy still recovering from an oil price plunge in 2014. Western sanctions against Russia, a key trading partner, have also hit the economy. Known as “Papa” to many Kazakhs, Nazarbayev has ruled the vast oil and gas-rich Central Asian nation since 1989, when it was still part of the Soviet Union. He has been Kazakhstan’s President since 1990 and was formally elected in 1991 after the fall of the Soviet Union. Kassym-Jomart Tokayev, speaker of the upper house of parliament, will take over as Kazakhstan’s acting president for the remainder of his term in line with the constitution.

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:
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.

Notes:
The International Day for the Elimination of Racial Discrimination is observed every year on 21st of March to redouble its efforts to eliminate all forms of racial discrimination. This day commemorates the lives that have been lost to fight for democracy and equal human rights in South Africa during the Apartheid regime (a regime which embraced racial discrimination). The 2019 theme is “Mitigating and countering rising nationalist populism and extreme supremacist ideologies”. The United Nations General Assembly (UNGA) has also reiterated that all human beings are born free and equal in dignity and rights and have the potential to contribute constructively to the development and well-being of their societies.

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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:
Peter Tabichi, a science teacher from rural Kenya who donates most of his salary to help poorer students, has been crowned the world’s best teacher and awarded a $1m prize in Dubai. He is the maths and physics teacher at Keriko secondary school in Pwani Village, in a remote part of Kenya’s Rift Valley, has won the Varkey Foundation Global Teacher Prize 2019. Tabichi gives away 80% of his income to help the poorest students who live in poverty and are either orphans or from single-parent families. He changed the lives of his students in many ways, including the introduction of science clubs and the promotion of peace between different ethnic groups and religions. He has also helped to address food insecurity among the wider community in the famine-prone Rift Valley. Drug abuse, teen pregnancies, drop-outs, and suicide are common, and the school has one computer, poor internet access, and a student-teacher ratio of 58:1. In spite of those circumstances, Tabichi’s science students have won various national science competitions, and qualified to participate at the Intel International Science and Engineering Fair 2019 in the US.

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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

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Ashitha (63), the renowned Malayalam writer, has passed away in Thrissur, Kerala on March 27, 2019. She portrayed the inner pangs and feelings of women through her touching stories and poems. Born at Pazhayannur in Thrissur on April 5, 1956, Ashitha had created her own space among women writers of Malayalam through her unique writing style and selection of topics for stories. The writer contributed in popularising haiku poems in Malayalam through her translations and her stories were known for the sensitive portrayal of life. Her notable works include ‘Mazhameghangal’, ‘Oru Streeyum Parayathath’, ‘Vismaya Chhihnangal,’ ‘Apoorna Viramangal,’ and ‘Ashithayude Kathakal’.