Important Current Affairs of 23 and 24 apr 2019

LSE Names A Professorship After Economist Amartya Sen
 
  • The London School of Economics and Political Science (LSE) has created a new academic position in honor of philosopher and economist Amartya Sen who was a professor there from 1971-82.
  •  Called the “Amartya Sen Chair in Inequality Studies,” its holder will also serve as Director of the LSE International Inequalities Institute, which facilitates interdisciplinary work on subjects related to inequality. 
  •  Static/Current Takeaways Important for LIC AAO Exam: 
  • Amartya Sen won the Nobel Prize in Economics in 1998, Bharat Ratna in 1999 and National Humanities Medal in 2012.
 
Pakistan navy successfully test-fires indigenous cruise missile
  • Pakistan Navy successfully test-fired an indigenous cruise missile in the Arabian Sea.
  • It has anti-ship missile and land attack capability.
  • According to Pakistani Navy, the missile accurately hit its target on land signifying the impressive capabilities of the indigenous missile system. 
US waivers for Iran oil imports end on May 2, won’t impact India's investments in Chabahar port


  • The US Secretary of State Mike Pompeo announced that the sanction waivers that it had granted to some countries still buying oil from Iran will terminate on May 2, 2019.
  • With this announcement, five countries namely, India, China, Japan, South Korea and Turkey will no longer be exempted from the US sanctions.
  • The United States clarified that the Chabahar Port Project would not be impacted by sanctions on Iran. The Chabahar Port Project is being developed by India in Iran. 
Fabio Fognini Becomes First Italian To Claim ATP Masters 1000 Title


  • Fabio Fognini became the 1st Italian to win an ATP Masters 1000 title at the Rolex Monte-Carlo Masters. He defeated Dusan Lajovic.
  • The Italian defeated World No. 3 Alexander Zverev to reach the quarter-finals and stunned 11-time champion Rafael Nadal in the last four.
 National Panchayati Raj Day 

  • National Panchayati Raj Day is celebrated every year on 24 April in India. On this day Constitution came into force with effect from 24 April, 1993.
  • In 2010 the 1st National Panchayati Raj Day was celebrated. A new part in the Constitution Part IX was added by passing 73rd Amendment Act from Article 243 to 243 (O) titled “The Panchayats” and a new Eleventh Schedule consisting of 29 subjects within the functions of Panchayats were also added.
SEBI reduces minimum subscription requirement for InvITs, REITs 

  • Markets regulator SEBI has reduced the minimum subscription requirement as well as defined trading lots for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
  • REITs have to offer their units in lots worth at least Rs. 50,000 in initial and follow on public offers.
  • The minimum value of a single lot should be Rs. 1 lakh in the case of InvITs.
 The Authorised capital of Allahabad Bank raised to Rs. 8000 crore by the government



  • The  Government of India has increased the authorized capital of state-owned Allahabad Bank from Rs. 3,000 crore to Rs. 8,000 crore after consultation with the Reserve Bank of India.
  • This move by the central government has enabled Allahabad bank to raise further fund up to a maximum ceiling of Rs. 8,000 crore.
Yogi won assembly elections in Japan

  • An Indian-origin Japanese "Puranik Yogendra" has been elected to Tokyo’s Edogawa Ward assembly, becoming the 1st Indian to win an election in Japan.
  • Puranik Yogendra, a naturalized Japanese, secured 6,477 votes, the fifth highest of the 226,561 valid ballots cast, in the April 21 poll.
    Over 34,000 Indians live in Japan

       Asia-Pacific Stevie Awards announces its 2019 winners list 

      • Winners in the 6th annual Asia-Pacific Stevie Awards, the awards programme to recognize innovation in business throughout the entire Asia-Pacific region.
      • Among the winners of the 2019 Asia-Pacific Stevie Awards are 18 organisations in India. In total, they’ll receive 43 Stevie Awards: 10 Gold Stevies, 19 Silver and 14 Bronze. This high number of Gold, Silver and Bronze Stevies is evidence of the great performance of organisations in India.
      • Among the top overall winners are PT Petrokimia Gresik (Indonesia) with eight Gold, nine Silver and 15 Bronze Stevie Awards and SM Supermalls (Philippines) with three Gold, 25 Silver and 20 Bronze Stevie wins.
       Jhulan Goswami received best sportsperson award
      • Jhulan Goswami, world’s leading wicket-taker in women’s one-day internationals, was awarded the 'Best Sportsperson’ award by the Calcutta Sports Journalists’ Club.
      • Sambaran Banerjee and former India winger Sukumar Samajpati won the Lifetime Achievement awards.
      • Promising Sportsperson of the Year was given to Neelash Saha.
      • Best footballer was given to Pritam Kotal.
        
      Michelin-star chef Vikas Khanna named IAAC brand ambassador
      • Michelin-star chef Vikas Khanna has been named brand ambassador of a leading cultural organisation which will organise the annual New York Indian Film Festival next month that showcases the celebrity chef’s film ‘The Last Color’ and Nawazuddin Siddiqui-starrer ‘Photograph’.
      • The IAAC will present the New York Indian Film Festival (NYIFF), North America’s longest-running and most prestigious Indian film festival from May 7 to 12. Sarod maestro Ustad Amjad Ali Khan has accepted to join the IAAC board. 

      Bajrang Punia won gold in AWC 

       
      • India clinched one gold, one silver and bronze at the Asian Wrestling Championship in China’s Xian .
      • World number one Bajrang Punia claimed a gold medal in it.
      • He defeated Kazakhstan’s Sayatbek Okassov 12-7 in a nail-biting 65kg men’s freestyle final.
      • In 97 Kg category Satywart Kadian, picked a bronze medal defeating Haobin Gao of China by 8-2.

      Daily Current Affairs 19 April 2019

       SriLanka’s 1st Satellite ‘Raavana-1’ Launched Into Space


      • Sri Lanka’s first satellite ‘Raavana-1’ was launched into space from NASA’s Flight Facility on Virginia’s east shore. ‘Raavana 1’ weights around 1.05 kg and the lifespan of the satellite is around one and a half years.
      • The satellite was designed and built at the Kyushu Institute of Technology in Japan by two Sri Lankan research engineers. Its camera mission is to capture images of Sri Lanka and its neighboring countries
      Singapore’s Changi Airport touts the world’s tallest indoor waterfall
      • Singapore’s Changi Airport has long been touted as the “Best Airport In The World.” ,when it will officially open a dazzling presecurity attraction known as Jewel.
      • The Jewel Changi Airport is about $1.3 billion dollar project, connecting three of the four terminals at Changi Airport with the aim to increase the number of passengers coming to Singapore for visits and stopovers.
      • Inside is a lush four-story tiered garden, more than 280 retail and dining outlets, a hotel, a multi-screen IMAX theater and its centerpiece: a 130-foot-tall Rain Vortex, which is the world’s tallest indoor waterfall.
      Canara Bank becomes the first public sector bank in India to meet RBI’s EMV mandate


      • ACI Worldwide, a global provider of real time electronic payment and banking solutions, announced that Canara Bank has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication.
      • Canara Bank, one of India’s largest public sector banks with nearly 6,300 branches and a network of more than 10,000 ATMs, is the 1st public sector bank to shift to EMV chip and PIN for card present transactions across the country’s vast ATM network.
      • The EMV shift, as in other major global markets, is aimed at reducing lost and stolen card fraud and making counterfeit card fraud more difficult. The Reserve Bank of India (RBI) had set a deadline of December 31, 2018 for the switch, mandating use of an embedded chip to replace the traditional magnetic stripe card.
      Indian Peacekeepers Awarded UN Medal of Honour
      • A total of 150 Indian peacekeepers serving with the UN Mission in South Sudan (UNMISS) have received medals of honour for their dedicated service and sacrifice.
      • Under the UNMISS, the Indian Horizontal Mobility Engineering Company had completed the renovation of 145 km of roadway connecting Bentiu and Leer in South Sudan, easing the way for the delivery humanitarian aid, trade, and inter-communal dialogue.
       IMF and World Bank launches ‘Learning Coin’ to explore Blockchain technologies.


      • International Monetary Fund (IMF) and World Bank are launching their own Blockchain technologies and digital currency to familiarize staff with the concepts.
      • The currency will only be accessible within the organizations and will not be able to buy real-world goods and services. But a model digital currency economy will operate, as a kind of trial run.
      • Staff will earn the tokens by achieving training goals, then exchange their earnings for rewards of some kind.
      • The tokens will be accessed on an app called ‘Learning Coin’ to emphasize its educational use. The app will also support the institutions’ blogs, research and video content.
       Christina Koch To Set Record For Longest Spaceflight By A Woman

      • NASA astronaut Christina Koch is going to have her mission on the International Space Station (ISS) extended to 328 days, which would set a record for the longest single spaceflight by a woman
      •  Koch, who arrived at the space station on March 14 is scheduled to remain in orbit until February 2020, will eclipse the record of 288 days set by former NASA astronaut Peggy Whitson in 2016-17.
       3 Indian teams win awards at NASA rover challenge 

      • 3 Indian student teams won awards in NASA’s annual Human Exploration Rover Challenge at the US Space and Rocket Center in Huntsville, Alabama.
      • The team from KIET Group of Institutions in Ghaziabad won the “AIAA Neil Armstrong Best Design Award” in the college/university division.
      • The Mukesh Patel School of Technology Management and Engineering from Mumbai won the “Frank Joe Sexton Memorial Pit Crew Award”.
      • Lovely Professional University from Punjab won the STEM Engagement Award.
       Nepal successfully launches its First satellite NepaliSat-1.


      • Nepal successfully launched its 1st satellite NepaliSat-1 into space from Virginia in the United States. The satellite, developed by two Nepalis Scientist Abhas Maskey and Hariram Shrestha  at Japan’s Kyushu Institute of Technology
      • It is a low orbit satellite. 
      • It will be stationed at the International Space Station for a month and then it will be sent to orbit the earth.
      • The satellite will take photographs on a regular basis to gather geographical information of the country. 
      • It weighs 1.3 kilograms, making it a small satellite with limited capability
       

      General Knowledge Quiz 1

      1. Losoong festival is celebrated in which of the following states?
      A) Tripua
      B) Arunachal Pradesh
      C) Sikkim
      D) Kerala

      2. Which is the India’s first digital state?
      A) Goa
      B) Tamil Nadu
      C) Kerala
      D) Karnataka
       
      3. “And Then One Day: A Memoir” is an autobiography of
      C) Kapil Dev
      B) Anupam Kher
      C) Naseeruddin Shah
      D) Lal krishna Advani

      4. Who invented vaccination for smallpox?
      A) Sir Frederick Grant Banting
      B) Sir Alexander Fleming
      C) Edward Jenner
      D) Loius Pasteur

      5. Which is the first organic state in India?
      C) Uttarakhand
      B) Sikkim
      C) Manipur
      D) Assam

      6. All India Institute of Medical Sciences Delhi was established in which year?
      a) 1952
      b) 1956
      c) 1962
      d) 1966

      7. Which of the following Organisations gives the Kalinga Prize for popularising science?
      A) UNESCO
      B) CSIR
      C) UGC
      D) UNEP

      8. Nobel Prizes are not given for which of the following fields?
      A) Physics
      B) Chemistry
      C) Peace
      D) Music

      9. Booker Prize is given in the field of
      A) Medicine
      B) Adventure
      C) Fiction writing
      D) Science

      10. On which river has “Naranarayan Setu” been built?
      A) Ganga
      B) Brahmaputra
      C) Mahanadi
      D) Godavari

      Answers:
      1:C, 2:C, 3:C, 4:C, 5:B, 6:B, 7:A, 8:D, 9:C, 10:B.

      Haryana CM inaugurates Patanjali’s World Herbal Forest Project in Morni Hill


      • Haryana Chief Minister Manohar Lal Khattar inaugurated the World Herbal Forest Project, a collaboration of Patanjali and Haryana Government, at Morni Hill, near Chandigarh.
      • The project covers over 52,000 acres of land in Morni Hills and is aimed at developing a forest of medicinal plants which will provide a huge boost to the Ayurvedic industry across the country.
      • About 25 different varieties of plants found in the country will be housed in this forest. 50,000 plants each of 20 medicinal varieties are being sown in the first phase of the project.

      NITI Aayog Releases SDG India Index



      • The NITI Aayog has released a first-of-its-kind Sustainable Development Goals index released on 21st December 2018. According to the SDG Index, Himachal Pradesh, Kerala, and Tamil Nadu have been ranked on top 3 positions and are on track to achieve the UN Sustainable Development Goals (SDG).
      • The SDG Index aims to promote healthy competition among States by evaluating their progress in social, economic and environmental terms that will help India in achieving the UN Sustainable Development Goals (SDG) by 2030. Based on the performance of the States and UTs across 13 of the 17 identified SDGs, a score ranging between 0 and 100 has been assigned to each of them in the index.
      • Kerala and Himachal Pradesh have been called as the front-runners in the Index with a score of 69. Chandigarh has been declared as the front runner in the Index with a score of 68 among the UTS. The state of Tamil Nadu (score 66) is at the top to meet the goals of eradicating poverty and providing clean and affordable energy. Assam, Bihar and Uttar Pradesh are at the bottom of the rankings in the NITI Aayog’s Sustainable Development Goals Index .
      • Goa, Kerala, Manipur, Mizoram and Nagaland were the front runners on the Zero hunger sub-index.

      22nd December 2018 Current Affairs

      1. Name the Chief Minister who has been awarded the Skoch Chief Minister of the Year Award for the year 2017? :- Mamata Banerjee

      2. Name the Chief Minister who has been awarded by the Skoch Group with “SKOCH Sprinter of the Year” Award? :- N Chandrababu Naidu

      3. Which Union Territory was ranked as the ‘Top Performer’ in the SDG India Index 2018? :- Chandigarh

      4. Which Department released the States’ Start-up Ranking 2018? :- Department of Industrial Policy and Promotion

      5. The first-ever meeting of India-China High-Level Mechanism on Cultural and People-to-People Exchanges was held in which city? :- New Delhi

      6. Which state’s government approved the release of Chah Bahgicha Dhan Puraskar Mela? :- Assam

      7. Who has been appointed as the new coach of the Indian women’s cricket team? :- W V Raman

      8. Who has been appointed as the Ambassador of India to the USA? :- Harsh Vardhan Shringla

      9. Which nation has fined Uber 400000 euros over huge data breach? :- France

      10. Union Minister of State for Civil Aviation Jayant Sinha launched an official mobile application for Global Aviation Summit 2019. The Global Aviation Summit (GAS) 2019 will be held in which city of India? :- Mumbai

      Current Affair Capsule 10

      1.  Who has been appointed as the ambassador and India's permanent representative to the United Nations Conference on Disarmament (UNCD)?
      A. Pankaj Sharma
      B. Navtej Sarna
      C. Pratik Mathur
      D. Gopalakrishnan S

      Answer:  A
      (Pankaj Sharma has been appointed as the ambassador and India's permanent representative to the United Nations Conference on Disarmament (UNCD) in Geneva, Switzerland. Mr Sharma will replace Amandeep Gill. He is currently the joint secretary (Disarmament and International Security Division) in the Ministry of External Affairs.)


      2. Cyclone Titli and the resultant rains have started to degraded the Rushikulya river mouth in Odisha’s Ganjam district. Why this site is famous for?
      A. Ghariyal breeding center
      B. Migratory bird feeding area
      C. Dolphin centre
      D. Olive Ridley Turtle nesting site

      Answer:D
      (Cyclone Titli and the resultant rains have started to degrade the mass nesting site of olive ridley turtles at the Rushikulya river mouth in Odisha’s Ganjam district. Huge quantities of debris and waste material brought by the flooded river have been deposited on the coast.)

      3. Who is the Minister of Skill Development and Entrepreneurship ?
      A. SD Dev Gowda
      B. Dharmendra Pradhan
      C. Anand Geethe
      D. Manoj Sinha

      Answer: B
      (Dharmendra Debendra Pradhan is a BJP leader and currently the Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship)


      4. Which state won this year’s UN Food and Agriculture Organisation’s Future Policy for Gold Award?
      A. Sikkim
      B. Haryana
      C. Kerala
      D. Odisha

      Answer:A
      (Sikkim has won this year’s UN Food and Agriculture Organisation’s Future Policy for Gold Award for its achievement in becoming the world’s first totally organic agriculture state. FAO said that Sikkim was considered for the award for its policies on Agroecology and Sustainable food systems. It won the gold by beating 51 nominated policies from 25 countries. Brazil, Denmark and Equador won Silver for their policies. The small Himalayan state of Sikkim was declared fully organic state in 2016 after phasing out chemical fertilizers and pesticides and substituting them with sustainable alternatives.) 
        
      5. Who has taken charge as the Executive Chairman of the National Legal Services Authority of India (NALSA)?
      A. Madan Bhimarao Lokur
      B. Adarsh Kumar Goel
      C. Arjan Kumar Sikri
      D. R. Banumathi

      Answer:  A
      (Madan Bhimarao Lokur took charge as the Executive Chairman of the National Legal Services Authority of India (NALSA). Madan Bhimarao Lokur was appointed to the post by President Ram Nath Kovind. He replaces Justice Ranjan Gogoi. He was the Additional Solicitor General of India from July 1998 to February 1999. He became an Additional Judge of Delhi High Court in February 1999.
      )

      6. Where is the headquarter of IORA?
      A.
      Sri Lanka 
      B. Malaysia
      C.
      Mauritius 
      D. India

      Answer: C
      (Headquarters: Ebene, Mauritius || Founded: 1995 || The Indian Ocean Rim Association, formerly known as the Indian Ocean Rim Initiative and Indian Ocean Rim Association for Regional Cooperation, is an international organisation consisting of coastal states bordering the Indian Ocean.
      )

      7. Who is the Minister of Rural Development in India?
      A. Narendra Singh Tomar
      B. Piyush Goyal
      C. Dharmendra Pradhan
      D. Varun Gandhi

      Answer: A
      (Narendra Singh Tomar is the Minister of Rural Development in India
      )


      8. The first 'Little India Gate' was inaugurated in __________.
      A.London, United Kingdom
      B.Wuhan, China
      C.California, United States
      D.Medan, Indonesia
         
      Answer:  D
      (The first-of-its-kind 'Little India Gate' was inaugurated at Kampung Madras or Madras Village area in Medan city, Indonesia. It was jointly inaugurated by India's ambassador to Indonesia and Timor Leste Pradeep Kumar Rawat and Mayor of Medan H T Dzulmi Eldin S. It was developed to recognize the contribution of Indian community in the development of Medan city, the 4th largest city of the country. It will be promoted as an iconic tourist spot in Medan city as it is the first such structure in entire Indonesia. It represents Bhinneka Tunggal Ika' or Unity in Diversity of Indonesia and of the Indian belief in 'Vasudev Kutubakam', meaning the world is one family.)


      9. Which Indian port is planning to host an edible oil refinery?
      A. Marmagao Port
      B. Jawaharlal Nehru Port
      C. Cochin Port
      D. Tuticorin Port

      Answer:  B
      (India’s largest container port, Jawaharlal Nehru Port Trust (JNPT) is planning to host an edible oil refinery to maximise revenue and ensure captive cargo. The land will be leased out on a long-term basis and it will be beneficial for the port, as it will give it captive cargo.)

       
      10. Which team won the 5th SAFF U-15 Championship 2018 title in Nepal?
      A.  Bangladesh
      B.  Nepal
      C.  Pakistan
      D.  Sri Lanka

      Answer:  A
      (The 5th SAFF U-15 Championship 2018 was held at the ANFA Complex, Kathmandu, Nepal. Bangladesh beat Pakistan 3-2 on penalties in the final, and won its 2nd SAFF U-15 Championship title. Earlier, Bangladesh had won the title in 2016. Pakistan finished as the runner-up. India beat Nepal 1-0 and finish in the third position.)