Monthly Current Affairs Quiz - January, 2018

Notes:
Nirmala Sitharaman, the Union Defence Minister, has launched a new state-of-the-art incubation centre “Centre for Entrepreneurship Opportunities and Learning (CEOL)” at Mallikatta in Mangaluru, Karnataka on December 29, 2017. The aim of CEOL is to nurture talent, foster the spirit of innovation and to support young engineers to realize their ideas. This is part of the project ‘Startup Coast’ under which it is proposed to establish innovation centres, incubation set-up, tinkering labs and co-working space for startups on the west coast in Karnataka. The CEOL, which will be managed by the Society headed by Deputy Commissioner, will provide perfect ecosystem for youngsters to work on their ideas. Sitharaman has allocated Rs. 1.5 crore from her MPLAD (Member of Parliament’s Local Area Development) scheme for the development of CEOL. She represents Karnataka as an MP in the Rajya Sabha.

Notes:
Vidarbha cricket team has created history by winning the 2017 Ranji Trophy tournament with a thumping 9-wicket win over Delhi at the Holkar stadium in Indore on the 4th and penultimate day of their final on January 1, 2018. It is Vidarbha’s first Ranji Trophy title. After conceding a 252-run first innings lead, Delhi were bowled out for 280 in their second innings, setting a target of merely 29 runs for Vidarbha. Vidarbha lost only one wicket and took only five overs to chase down the target which gave them their first Ranji Trophy title. Rajneesh Gurbani’s 6 for 59, including a hat-trick and a century from Akshay Wadkar were the key moments in Vidarbha scripting a fairytale run.

Notes:
Vijay Keshav Gokhale, the 1981-batch Indian Foreign Service (IFS) officer, has been appointed the new Foreign Secretary of India. He will succeed S Jaishankar, whose term ends on January 28, 2018. Currently, he is Secretary (Economic Relations) in the Ministry of External Affairs (MEA). He has also held the post of India’s ambassador to China during the term of the Narendra Modi government. Before that, he served as India’s envoy to Germany and Hong Kong. Above all, he is known for his fluency in the Chinese language, as well as his long experience in dealing with East Asia, and China in particular. He has served as Director (China and East Asia) in the Ministry of External Affairs, and went on to be Joint Secretary (East Asia). Gokhale is the only IFS to have served as India’s Representative both in Taiwan and China.

Notes:
The Aryabhatta Research Institute of Observational Sciences (ARIES) is a leading research institute, which is located in Nainital, Uttarakhand. It is an autonomous body under the Department of Science and Technology (DST), Government of India (GoI) and has specialization in Astronomy, Astrophysics and Atmospheric Sciences.

Notes:
Tufan Ghosh has taken charge as the new Chief Operating Officer (COO) of National Cricket Academy (NCA). Beside him, former India stumper Saba Karim has assumed the office as BCCI’s General Manager (GM). Both Karim and Ghosh will report to BCCI CEO Rahul Johri and will be based out of Mumbai and Bengaluru respectively. While Karim will assist Johri in meeting the Board’s vision and strategy, Ghosh will play a key role in setting up the facility and creating a Centre of Excellence at the National Cricket Academy in Bengaluru.

Notes:
Former RAW Chief Rajinder Khanna, a 1978-batch Research and Analysis Wing Service (RAS) officer, has been appointed as the new Deputy National Security Adviser (NSA) on January 2, 2018 without a fixed tenure and would remain at the post until further orders. He will assist NSA Ajit Doval, who too is a former RAW chief. It is for the first time when both NSA and Deputy NSA are from intelligence agency background. Khanna has led many counter-terrorism operations in the spy agency and is reportedly an expert on Pakistan and Islamic terrorism. The position has been vacant since Arvind Gupta had stepped down after completion of his contractual term in August 2017.

Notes:
Abhay, the 1986-batch police officer of Odisha cadre, has taken charge as the new chief of the of the Narcotics Control Bureau (NCB) at the NCB headquarters in Delhi on January 2, 2018. He will hold the post the post till 18th of November 2019. Prior to this appointment, he was Additional DG (Training) in the Central Reserve Police Force (CRPF). The post of the NCB DG was lying vacant since April 2017 when the incumbent R R Bhatnagar was appointed as the CRPF DG. Special Secretary in the home ministry Rina Mitra was handling the additional charge of NCB DG since then. The NCB, under the command of the Union Home Ministry, is the apex coordinating and enforcement agency in the country against drug crimes and for countering drugs abuse.

Notes:
The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against public sector lender Allahabad Bank, owing to its high net Non-Performing Assets (NPAs) and negative Return on Assets (RoA) for two consecutive years. The action would contribute to the overall improvement in risk management, asset quality, profitability, efficiency of the bank. The RBI has initiated similar action against other public sector banks, including IDBI Bank, Indian Overseas Bank and UCO Bank. The RBI in April 2017 had issued a new set of enabling provisions under the revised PCA framework with a clause that if the bank does not show improvement then it could be either be merged or taken over by other bank.

Notes:
Preeti Sudan, the secretary of Union Health and Family Welfare ministry, has launched India’s first digital online oncology tutorial series in collaboration with the Tata Memorial Centre on January 4, 2018. The purpose of the tutorial series is to educate doctors in early detection, prevention, palliation, rehabilitation and treatment of various forms of cancers. This is part of a national programme that will be rolled out across the country by Tata Memorial Centre in collaboration with state governments. The overall course, designed for 7 weeks, will equip doctors with the skills and knowledge on the basics of oncology to detect, diagnose and refer cancer cases early. It comprises 14 hours of comprehensive e-learning through more than 40 video lectures, case studies, assessment questionnaires and periodic interactive webinar sessions with the respective consultants of Tata Memorial Hospital.

Notes:
Ravi Menon, an Indian-origin banker in Singapore has been named as the best central bank governor in Asia-Pacific for 2018 by the leading UK-based magazine ‘The Banker’ for his contribution in the makeover of Singapore’s financial system. He is the managing director of Singapore’s central bank Monetary Authority of Singapore (MAS).