Monthly Current Affairs Quiz - October, 2017

Notes:
The National Hard Court Tennis Championship has started in New Delhi on October 2, 2017. Among the men players, Tamil Nadu led Dhakshineswar Suresh, who last year won the Under-16 National championship, Aryan Goveas and Paramveer Singh Bajwa are participating in the tournament. Among the women players, Zeel Desai will head the field. Other players to watch out for would be Mihika Yadav, Sai Samhita, Snehadevi S Reddy and Mahak Jain. Tennis is the only sport in the country where the top players do not compete at the Nationals.

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The Nobel Prize in Physiology or Medicine 2017 has awarded jointly to Jeffrey C. Hall, Michael Rosbash and Michael W. Young for their discoveries on how plants, animals and humans adapt their biological rhythm so that it is synchronised with the Earth’s revolutions. For many years, we have known that living organisms, including humans, have an internal clock that helps them adapt to the rotation of earth. But how does this clock actually work? It is explained through 2017 Nobel laureates discoveries. Using fruit flies as a model organism, they isolated a gene that controls the daily biological rhythm. They showed that this gene encodes a protein that accumulates in the cell during the night, and is then degraded during the day. The trio will share the prize sum of nine million Swedish kronor (about 1.1 million US Dollars) by the Nobel Assembly at the Karolinska Institute in Stockholm, Sweden.

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The Karlapat Wildlife Sanctuary (KWS) is located in Kalahandi district of Odisha and covers an area of 75 square kilometres. This sanctuary is home to many wildlife species like tiger, leopard, sambar, nilgai, barking deer, mouse deer, a wide variety of birds like green munia, Great Eared-nightjar and various reptiles.

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President Ram Nath Kovind has recently appointed a Commission to examine the sub-categorisation of the Other Backward Classes (OBCs). Justice (Retd.) G. Rohini will be the chairperson of the Commission which will present its report to the President within 12 weeks. The Commission will examine the extent of inequitable distribution of benefits of reservation among the castes or communities included in the broad category of OBCs with reference to such classes included in the Central List. It will work out the mechanism, criteria, norms and parameters in a scientific approach for sub-categorisation within such OBCs. On receipt of the report, the Central Government will consider ways and means for equitable distribution of the benefits of the reservation in Central Government jobs and admission in Central Government Institutions amongst all strata of the OBC.

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The Reserve Bank of India (RBI) has recently released its 4th bi-monthly monetary policy statement for the year 2017-18. As per the monetary policy statement, the policy repo rate under the Liquidity Adjustment Facility (LAF) has remain unchanged at 6%. The reverse repo rate, at which RBI borrows from banks will continue to be at 5.75%.

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Prime Minister Narendra Modi has inaugurated the Golden Jubilee Year Celebrations of the Institute of Company Secretaries of India (ICSI) in New Delhi on October 4, 2017. The event assumes significance as it comes close on the heels of the government action of de-registering over 2.1 lakh dormant, shell companies and disqualifying over one lakh directors as part of a clean up of the corporate system and tackling the menace of shell companies. Originally, the ICSI was set up as not-for-profit organisation on 4th October 1968. In 1980, the institute was converted into a statutory professional body under an Act of Parliament, ‘The Company Secretaries Act 1980’. The headquarters of ICSI is located in New Delhi. 

Notes:
British writer Kazuo Ishiguro has won the 2017 Nobel Prize for Literature. The novelist was praised by the Swedish Academy as a writer “who, in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world”.The prize of 9 million Swedish kronor will be awarded to him. The literature prize is given for a lifetime of writing rather than for a single work. Ishiguro has written eight books, which have been translated into over 40 languages. His most famous novels “The Remains of the Day” and “Never Let Me Go” were adapted into highly acclaimed films. He won the Booker Prize in 1989 for The Remains of the Day and made an Order of the British Empire (OBE) in 1995.

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India’s first-ever Industrial Training Institute (ITI) for the Divyangans will come up in Assam. Recently, the foundation stone for the institute was laid at Dibrugarh ITI Complex at Borboruah in Assam. As per the guidelines of National Council for Vocational Training (NCVT), the ITI will have sixty seats for three different trades with 20 seats per trade. The three different trades included in the curriculum are Computer Operator and Programming Assistant, Cutting and Sewing Technology and Hair & Skin Care.

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The HDFC Life Insurance Company has launched ‘Neo’, that uses artificial intelligence for customer service. This is the second bot put in operation by HDFC Life, after the launch of SPOK, which was an email bot to answer customer queries. The Neo bot will be available 24/7 and has the capability to authenticate customers and give frequently sought details, like fund value, sum assured and premium amount.

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The 3-day international exhibition – ‘World Dental Show 2017’ has opened in Mumbai, Maharashtra  on October 6, 2017 to showcase the evolving global technologies and techniques in dentistry. The show will facilitate the exhibitors from across the globe to meet the ‘who is who’ in the Indian dental arena and provide them to use this platform to build networks of influence, launch new products and create awareness about new clinical claims. The exhibition, hosted by the Indian Dental Association (IDA), has witnessed participation from the international exhibitors from China, Germany, Israel, Malaysia, Russian Federation, South Korea, Taiwan, Turkey, UK and US.