Current Affairs Quiz - March, 2019

Notes:
Former ISRO scientist, Nambi Narayanan has been conferred the 2019 Padma Bhushan by President Ram Nath Kovind. It is the third-highest civilian award in the Republic of India. He is best known for his role in developing the Vikas Engine which was used for the first PSLV (Polar Satellite Launch Vehicle) launched by India. The engine was used in the most historic missions of ISRO, such as the Chandrayaan and Mangalyaan. Narayanan, who was heading the cryogenic project at the ISRO, was falsely implicated in the ISRO spy scandal of 1994. He was accused of selling state secrets comprising confidential test data from rocket and satellite launches. He was arrested in December 1994 and charged with espionage. The Supreme Court later cleared him of all charges in 1998 and awarded him compensation in 2018. He had also played a critical role in the development of Polar Satellite Launch Vehicle (PSLV), Geosynchronous Satellite Launch Vehicle (GSLV) and in the initial phase of making cryogenic engines.

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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:
For the first time, Uttar Pradesh has undertaken census of otters in its protected areas. The exercise that began in the Pilibhit Tiger Reserve (PTR) will be completed by the end of March 2019. Otters are an important part of the forest ecosystem. A thriving population of otters means a healthy river ecosystem. These mammals, listed in schedule II of the Wildlife Protection Act of 1972, are rarely seen due to their extremely shy nature. They feed on fish, bird eggs and small creatures like frogs. The den of an otter is known as holt and it is close to water bodies. The PTR is in the foothills of the Himalayas, south of Nepal. Covering an area of approximately 800 square kilometres, the reserve sprawls across parts of Pilibhit, Lakhimpur Kheri and Bahraich districts. With the Sharda and Ghaghara rivers encircling a considerable part of the reserve, it is rich in water bodies. The forests of PTR are to home to tigers, leopards, elephants, different species of deer and monkeys and reptiles like snakes, mugger crocodiles and gharials.

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.

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Researchers from the University of Arkansas and Argonne National Lab in the US have identified more cost-effective and efficient ways of producing hydrogen fuel by splitting water. They showed that nano-particles composed of nickel and iron are better alternatives than more costly materials when used as catalysts in the production of hydrogen fuel through water electrolysis. The team demonstrated that using nanocatalysts composed of nickel and iron increases the efficiency of water electrolysis, the process of breaking water atoms apart to produce hydrogen and oxygen and combining them with electrons to create hydrogen gas. When nanoparticles composed of an iron and nickel shell around a nickel core are applied to the process, they interact with the hydrogen and oxygen atoms to weaken the bonds, increasing the efficiency of the reaction by allowing the generation of oxygen more easily.This marks a step toward making water electrolysis a more practical and affordable method for producing hydrogen fuel. Current methods of water electrolysis are too energy-intensive to be effective.

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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.

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Ministry of Corporate Affairs (MCA) has recently released the National Guidelines on Responsible Business Conduct (NGRBC). These guidelines urge businesses to actualize the principles in letter and spirit. For this purpose, the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business, 2011 (NVGS) have also been revised. According to the guidelines, businesses should conduct and govern themselves with integrity in a manner that is ethical, transparent and accountable. Businesses should provide goods and services in a manner that is sustainable and safe. It should also respect and promote the well-being of all employees, including those in their value chains.

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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.

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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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Chennai Super Kings star Suresh Raina has scripted history as he became the first cricketer in the history of the Indian Premier League (IPL) to score 5,000 runs. He reached the milestone during the first match of the 2019 IPL season against Royal Challengers Bangalore at MA Chidambaram Stadium in Chennai. Raina has 5000 runs from 177 matches at a strike-rate of 138.15 including 35 fifties and one hundred.