Monthly Current Affairs Quiz - August, 2017

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India has been ranked 53rd among 60 countries in the 2017 Digital Evolution Index (DEI). The list is topped by Norway, followed by Sweden, Switzerland, Denmark and Finland. The Fletcher School at Tufts University, in partnership with Mastercard, presented the Digital Evolution Index (DEI) 2017. The Index is a comprehensive research that tracks the progress of the digital economy across 60 countries, taking into account more than 100 different indicators across four key drivers: supply, consumer demand, institutional environment, and innovation. It reflects the state and rate of digital evolution on the one hand, while also identifying avenues for investment, innovation and policy priorities.

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Jeanne Moreau (89), the legendary French film actress, has passed away at Paris in France on July 31, 2017. She was best known for her role in Francois Truffaut’s New Wave classic “Jules et Jim”.

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Santosh Mohan Dev (83), the veteran congress leader and former union minister, has passed away today in Silchar, Assam. He was first elected to the Parliament in 1980, the first of his seven terms in office as the Member of Parliament. Out of these seven, he has represented Silchar, Assam five times and he was elected from Tripura twice. He has the rare distinction of being elected from two different states. Dev was the eldest son of the renowned Bengali North Eastern Freedom Fighter Satindra Mohan Dev.

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Dr. Pushpa Mittra Bhargava (89), the veteran molecular biologist and a vehement critic of genetically modified crops, has passed away in Hyderabad on August 1, 2017. He headed the Centre for Cellular and Molecular Biology in Hyderabad, India when the government first set it up. He was a well-known critic of Indian governmental policies and has attained the post of Vice-Chairman in the National Knowledge Commission

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In Tamil Nadu, the Aadi Perukku festival is celebrated with traditional gaiety to pay tribute to water’s life-sustaining properties. The festival, also known as ‘Aadi 18’, is celebrated on the 18th of Aadi month in Tamil calendar year to express gratitude to water bodies especially Cauvery river. The 18th day of Aadi is usually August 2, is observed as ‘Aadi pirappu’, a day of offerings and prayers to these rivers. The day is an occasion for rejoicing particularly for those living on the banks of the all the main rivers, its branches and tributaries.

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The Securities and Exchange Board of India (SEBI) has recently constituted a committee on fair market conduct, which will be headed by former Lok Sabha secretary and law secretary T K Viswanathan. The panel will have representations from SEBI, mutual funds, brokers, audit firms, stock exchanges, data analytics firms and legal firms. The committee has been tasked with suggesting improvements to the existing SEBI norms, including on insider trading and Fraudulent and Unfair Trade practices (FUTP). It has been specifically asked to look at trading plans, handling of price-sensitive information during takeovers and aligning of insider-trading rules with provisions of the Companies Act. The committee has also been tasked with suggesting short-term and medium-term measures for improved surveillance of the markets, as well as issues of high-frequency trades and harnessing of technology and analytics in surveillance. The committee will submit its report within 4 months.

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Manju Kumari from India has won the bronze medal in 59kg category with a 2-0 victory over Ilona Prokopevniuk of Ukraine in the Junior World Wrestling Championship in Tampere, Finland on August 3, 2017.

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India has recently signed a $329 million loan agreement with Asian Infrastructure Investment Bank (AIIB) for Gujarat Rural Roads Project. The objective of the project is to improve the rural road connectivity and accessibility to more than one thousand villages in all the 33 districts of the state benefiting about 80 lakh people. The project will also benefit the service providers such as public transport operators, educational institutions, hospitals, local markets and traders.

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The Microsoft India has tied up with the state of Telangana to use its artificial intelligence-based MINE platform to screen children for eye problems and prevent avoidable blindness. The Microsoft Intelligent Network for Eyecare (MINE) is an artificial intelligence platform to reduce avoidable blindness. With this tied up, Telangana has become the first Indian state to deploy artificial intelligence for eyecare screening.

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The researchers at Indian Institute of Science (IISc), Bengaluru have developed a low-cost highly sensitive nanometre-scale carbon monoxide sensor by employing an innovative fabrication technique. It is known that Carbon Monoxide (CO) can have adverse effects on the health of people exposed to it. Thus, it becomes necessary to have good, low-cost carbon-monoxide sensors. Typically, a sensor would be a thin, current carrying plate whose resistance changes on exposure to carbon monoxide. This in turn changes the value of the current flowing through it. This change when measured indicates the level of carbon monoxide in the air. The research is published in Sensors and Actuators B: Chemical.