Current Affairs May 10 2019

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Current-Affairs-Today-May-10-2019

INDIAN  AFFAIRS

Chhattisgarh’s first Anti-Naxal Women’s Commando unit deployed
The Chhattisgarh police have deployed first ever Anti-Naxal women’s commando unit named ‘Danteshwari Ladake’ or ‘Fighters of Goddess Danteshwari’. These women commandos have inducted in the District Reserve Guard (DRG) which is Chhattisgarh’s frontline anti-naxal force.
Key Highlights
i. This specially raised squad was part of the security forces “short action teams” that eliminated three Naxal commanders in the past one month, has now inducted in the state’s Naxal-hit Dantewada district.
ii. The unit comprised of 30 women commandos led by Deputy Superintendent of Police (DSP) Dineshwari Nand. Out of these 30 women commandos, 10 are surrendered women Naxals and 10 are assistant constables, part of anti-naxal movement Salwa Judum.
iii. The squad had been trained in jungle warfare tactics like motorcycle patrolling in the dense forest, map reading, understanding Naxal profiles and counter ambush strategy. They got extensive training for 3 months.
About Chhattisgarh
♦ Capital: Raipur, Bilaspur (Judiciary)
♦ Governor: Anandiben Patel
♦ Chief Minister: Bhupesh Baghel
♦ National Parks/Wildlife Sanctuaries: Sanjay National Park, Indravati National Park, Achanakmar Wildlife Sanctuary, Sitanadi Wildlife Sanctuary etc.
♦ Dance Forms: Sua Nacha, Pandavani, Panti Dance, Gendi etc.

CBIC Organised Meeting Of Regional Heads Of Customs Administration Of Asia Pacific Region Of The World Customs Organisation (WCO) In Kochi For 3 Days

  • Central Board of Indirect Taxes and Customs (CBIC) had organised a meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) from 8th May to 10th May, 2019 in Kochi. India hosted this meeting as the Vice Head of the Asia Pacific region, duties it assumed on 1st July, 2018 for a 2-year period.
  • This meeting was headed by Mr. Pranab Kumar Das, Chairman, CBIC………………………………………Click here to Read mor

INTERNATIONAL AFFAIRS

Hyderabad’s Rajiv Gandhi International Airport ranked among top 10 in the World-Survey by Air Help
In a survey conducted by Air Help, Rajiv Gandhi International Airport of Hyderabad has been ranked as the world’s 8th Best Airport. The airports were rated on the basis of time performance, service quality and food & shopping options. AirHelp is an organization which is specialized in air traveler rights and seeks compensation in cases of delays or cancellations of flights.

Rajiv Gandhi International AirportKey Points:
i. According to the ranking, Qatar Airways topped the list for the second consecutive year. It is followed by American Airlines, Aeromexico, SAS Scandinavian Airlines and Qantas.
ii. The worst performing airlines were Ryanair, Korean Air, Kuwait Airways, the United Kingdom’s (UK) EasyJet and Thomas Cook Airlines.
iii. According to the annual rating from AirHelp, The New Jersey Hub was ranked as the worst airport in U.S for the year 2019. The highest-rated Hartsfield-Jackson Atlanta International Airport was ranked 34th  and Newark was at the lowest U.S. spot, at 116.
10 Best Airports of 2019:

  1. Hamad International Airport, Qatar (DOH)
  2. Tokyo International Airport, Japan (HND)
  3. Athens International Airport, Greece(ATH)
  4. Afonso Pena International Airport, Brazil (CWB)
  5. Gdansk Lech Wasa Airport, Poland (GDN)
  6. Sheremetyevo International Airport, Russia (SVO)
  7. Changi Airport Singapore, Singapore (SIN)
  8. Rajiv Gandhi International Airport, India (HYD)
  9. Tenerife North Airport, Spain (TFN)
  10. Viracopos/Campinas International Airport, Brazil (VCP)

Top 10 and Worst 10 airlines of 2019(On-time performance):

Top 10Worst 10
1. Qatar Airways (84%)1. Adria Airways (67%)
2. American Airlines (75%)2. Aerolineas Argentinas (80%)
3. Aeromexico (78%)3. Transavia (62%)
4. SAS Scandinavian Airlines (73%)4. Laudamotion (51%)
5. Qantas (79%)5. Norwegian (70%)
6. LATAM Airlines (77%)6. Ryanair (65%)
7. WestJet (74%)7. Korean Air (69%)
8. Luxair (78%)8. Kuwait Airways (42%)
9. Austrian Airlines (71%)9. EasyJet (67%)
10. Emirates (75%)10. Thomas Cook Airlines (57%)

Indian Navy undertook group sail exercise with Japan, Philippines and US in South China Sea
Guided Missile Destroyer, INS Kolkata and Fleet Support Ship, INS Shakti participated in ‘Group Sail’ exercise with Helicopter Carrier JMSDF Izumo & Guided Missile Destroyer JMSDF Murasame of Japan; Frigate BRP Andres Bonifacio of Philippines and Arleigh Burke Class Destroyer USS Williams P Lawrence of the USA in the disputed South China Sea. This was 6-day long group sail exercise from May 3 to May 9 and objective was to deepen the existing partnership and foster mutual understanding among navies of friendly countries.

Indian Navy undertake group sail exerciseKey Highlights
i. During the exercise, naval ships have taken participation in various activities which include formation maneuvering, under replenishment runs, cross-deck flying and exchange of Sea Riders.
ii. While returning Indian naval ships visited Cam Ranh Bay in Vietnam, Qingdao in China and Busan in South Korea which was a part of the annual Eastern Fleet Overseas Deployment.
iii. Both INS Kolkata and INS Shakti had participated in the International Fleet Review (IFR) as a part of 70th Anniversary Celebration of People’s Liberation Army at Qingdao in China and after that they have also participated in the Opening Ceremony of Maritime Security (MS) Field Training Exercise (FTX) at Busan in South Korea. Moreover, these two naval ships have also participated in the International Maritime Defence Expo (IMDEX) 2019 in Singapore.

CountryCapitalCurrency
USWashington D.C.United States Dollar
JapanTokyoJapanese Yen
PhilippinesManilaPhilippine Peso
ChinaBeijingRenminbi
South KoreaSeoulSouth Korean Won
VietnamHanoiVietnamese Dong

BANKING & FINANCE

The 15th Finance Commission Held A 2-Day Meeting With RBI And Banks & Financial Institutions And Renowned Economists
The 15th Finance Commission of India (FCXV) chaired by Shri N.K. Singh, had a 2-day visit to the financial capital of India, Mumbai (at the headquarters of the RBI), on 8th and 9th May 2019 to conduct meetings with the Reserve Bank of India (which is headed by its Governor Shri Shaktikanta Das), the Banks and the Financial Institutions.  The Commission was comprised of all the Commission Members and senior officials…………………………………..Click here to Read more

Bank Credit up by 13.24% and Deposit up by 10.03% in FY19
According to Reserve Bank of India data, the bank credit grew by 13.24 percent in financial year 2019 (FY19) to Rs 97.67 lakh crore as compared to 10.3 percent in FY18 and the deposits up by 10.03 percent in FY19 to Rs 125.72 lakh crore as compare to 6.7 percent in FY18.
Additional Information
According to the data available till February 2019, the credit growth in service sector was 23.7 percent and in retail sector it was 16.7 percent. Overall credit growth in the industry sector was 5.6%.
About Reserve Bank of India (RBI)
♦ Headquarter: Mumbai
♦ Governor: Shaktikanta Das

BUSINESS & ECONOMY

TCS becomes India’s most valued firm again; surpasses RIL in market-cap
On May 9th, Indian IT firm, Tata Consultancy Services(TCS) surpassed the Reliance Industries Limited (RIL), led by Mukesh Ambani, in terms of Market capitalisation and became the India’s most valued firm by market capitalisation. As per BSE data, the market-cap of TCS stood at Rs. 8.13 trillion whereas the market-cap of RIL was Rs.7.95 trillion.

TCS surpassed the RILKey Points:
i. The Analysts at Morgan Stanley downgraded the stock of RIL to equal-weight with a target price of Rs. 1,349. This resulted in the fall of RIL shares.
ii. The shares of RIL continuously fell for the fourth day in a row and stood at 11% in the stock market. In last one week, RIL lost Rs.97,000 crore in market cap and the shares of TCS rose, gaining 14% in the year.
iii. At present, TCS is the country’s most valued firm, which is then followed by RIL, HDFC Bank (Rs. 6,24,362.11 crore), Hindustan Unilever (Rs. 3,67,880.69 crore) and ITC (Rs. 3,67,513.78 crore).
About TCS:
Headquarters: Mumbai
Founded: 1 April, 1968
CEO & MD: Rajesh Gopinathan
About RIL:
Headquarters: Mumbai
Founded: 8 May, 1973
CEO: Mukesh Ambani

India gets its first ever ice cafe in Gaya Village at 14,000 feet
Border Road Organisation (BRO) officials have created India’s first ever ice cafe in the mountain village of Gaya in Ladakh region of Jammu and Kashmir, at 14,000 feet height above sea level, on the famous ManaliLeh Highway. The ice sculpture, resembles a Buddhist meditation place, was created by natural process.

Ice cafe in Gaya VillageKey Points:
i. The artificial glacier has been built by running pipes under frost lines then pushing water through these pipes into the freezing air, which causes it to fall as ice on the ground, and is one of the popular methods to conserve winter wastewater on the hills during winter.
ii. The design of the ice cafe has been inspired by the works of famous Indian engineer and innovator and education reformist, SonamWangchuk.
About Jammu and Kashmir:
♦ Governor: Satya Pal Malik
♦ Districts : 22
♦ Official languages : Urdu

DGFT has prohibited the imports of non-BIS compliant second-hand electronics and IT goods
The Directorate General of Foreign Trade (DGFT) of the Indian government has banned the imports of second-hand or refurbished electronics and IT (Information Technology) goods without registration and compliance with the BIS (Bureau of Indian Standards) labeling requirements, under the Electronics and IT Goods (Requirement of Compulsory Registration) order 2012.
Key points:
i. The imports of the goods are allowed only through the registration with the BIS or on particular letter-of-exemption from the Ministry of IT and Electronics (MeitY) for a specific consignment.
ii. If they fail to comply with the BIS standards, the imported goods will be re-exported by the importer. In case they aren’t re-exported, the customs authorities will deform the products and dispose of them off as garbage.
iii. India’s imports of electronics have risen from 51.5 $ billion in 2017-18 to 55.6 $ billion in 2018-19.

APPOINTMENTS & RESIGNS

Professor, Tijjani Bande, appointed as the President of UN General Assembly
Nigerian Professor, Tijjani Mohammad Bande, has been appointed as the new President of the United Nations General Assembly(UNGA). He is the second Nigerian to be appointed to this post, prior being Mr. Joseph Nanven Garba(1989-1990). Prof. Tijjani Bande will succeed María Fernanda Espinosa Garcés.

Tijjani BandeKey Points:
i. Prof. Tijjani Bande was born at Zagga (Present-Kebbi State) and he was the permanent representative of Nigeria to the UN.
ii. He is a graduate in Political Science from Ahmadu Bello University, Nigeria and holds MA (Political Science) from Boston University, USA  as well as Ph.D (Political Science) from the University of Toronto, Canada.
iii. He served the Le Centre Africain de Formation et de Recherche Administratives pour le Dèveloppement (CAFRAD) as the Director-General from January 2000 to February 2004.
iv. Between 2004 and 2009, he was the Vice-Chancellor Usman Danfodiyo University, Sokoto. He has also served as the Director-General of the National Institute for Policy and Strategic Studies in Nigeria from 2010 to 2016.
v. He is the recipient of Nigeria’s Officer of the Order of the Federal Republic (OFR), one of Nigeria’s highest national honours. Along with this, he has also won merit awards from various institutions and Governments, including US and China.
About UNGA:
Formation: 1945
Headquarters: New York, US

Chandra Shekhar Bhatt takes over command of Air Force Station Faridabad
On May 10, Group Captain Chandra Shekhar Bhatt took over the command of Air Force Station Faridabad in a Ceremonial parade at Station Parade Ground. He took the charge from Group Caption Kaushik Das.

Chandra Shekhar Bhatti. He was commissioned in the Logistics branch of IAF in 1990.
ii. He has the experience of holding various appointments in Operational bases and Depots.
iii. The Officer has been commended by the Air Officer Commanding-in-Chief (AOC-in-C) and Chief of the Air Staff (CAS) for his distinguished service.
About Indian Air Force :
Headquarters: New Delhi
Founded: 8 October 1932, India
Role: Aerial warfare

New CBO and COO appointed by Karnataka Bank
Mangaluru based Karnataka Bank Limited appointed Balachandra Y V as Chief Operation Officer (COO) and Gokuldas Pai as Chief Business Officer (CBO). Earlier, both are General Managers of Karnataka Bank who were promoted as COO and CBO of the bank. The previous COO of Karnataka Bank was Raghavendra Bhat M.
Key Highlights
i. A new COO, Balachandra has a postgraduate degree in Commerce and also a member of Institute of Company Secretaries of India (ICSI) and a Certified Associate of Indian Institute of Banking and Finance (CAIIB) and will be in charge of some of the important department like Treasury and Accounts, Credit Monitoring, Legal and Recovery, Information Technology (IT) and Management Information System (MIS), Human Resource (HR) and Investor Relations (IR).
ii. A new CBO, Gokuldas Pai has a postgraduate degree in Agricultural Science and also a Certified Associate of Indian Institute of Banking and Finance (CAIIB) and will be in-charge of important departments like Credit Marketing, Credit Sanctions, Branch Banking and Digital Channels and Transformation Cell.
About Karnataka Bank
♦ Headquarter: Mangaluru
♦ Tagline: Your Family Bank, Across India

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SCIENCE & TECHNOLOGY

A microprocessor named ‘AJIT’ developed by IIT Bombay 
A group of researchers and professor Manav Desai from Indian Institute of Technology (IIT), Bombay have developed a microprocessor named ‘AJIT’ which was indigenously conceptualised, designed, developed and manufactured. The chip of the microprocessor was developed at Semi-Conductor Laboratory in Chandigarh. This was the first time that academia, industry and government worked together for the development of new technology.
Key Highlights
i. The project was funded by IIT Bombay, Ministry of Electronics and Information Technology (MeitY) and Mumbai based Powai Labs. The team developed a toolset called AHIR-V2, which can convert an algorithm to hardware to design the microprocessor circuit.
ii. It is a medium sized processor which can be used for different purposes like inside a set-top box, as the control panel for automation systems, in a traffic light controller or even in robotics systems.
iii. The microprocessor ‘AJIT’ will cost around Rs 100 if manufacture about 10 lakh unit at a time.

Samsung launched world’s Highest Resolution Image Sensor
Recently, South Korea based Samsung company has launched the world’s first highest resolution image sensor of 64 megapixels. This image sensor will be used in upcoming smartphones of Samsung and the objective is to meet the growing demand for smartphones with better image quality.

Samsung Launched Highest Resolution Image SensorKey Highlights
i. Samsung has launched two new image sensors with 0.8 micrometer pixel:

  • The 64-megapixel ISOCELL Bright GW1
  • The 48-megapixel ISOCELL Bright GW2

ii. According to Samsung, the market size of image sensor is expected to grow because of latest advancements in the field of artificial intelligence and 5G technologies and there is also a scope of developing different types of sensors due to growing demands for self-driving cars.

ENVIRONMENT

First brown bear sighting in Portugal in over a century
On 9th May 2019, Wildlife Experts from Institute for Conservation of Nature and Forests (ICNF) have confirmed that the reappearance of brown bear in Portugal after one bear was spotted in the Montesinho Natural Park and Braganca commune in northeastern Portugal in more than a century.

Brown bear in PortugalKey Points:
i. It is usually known to live in the western Cantabrian Mountains in northern Spain.
ii. Brown bears have been extinct in Portugal since the 19th century, and the last reports are between the 18th and the end of the 19th century.
iii. In 2018, According to the environmentalist foundation Oso Pardo, 330 bears were counted in the Cantabrian mountain range in Spain.

Bengal Tigers May Not Survive Impact of Climate Change : UN Report
A team of researchers from Bangladesh and Australia have claimed that the majestic Royal Bengal Tiger, which dominates the marshy mangrove ecosystem in the Sunderbans forest reserves, is under threat due to climate change and the unprecedented rise in sea levels.It was published in the journal named Science of the Total Environment.
Key Report Highlights :
i. According to the researchers, there may be no tiger habitats left in the Bangladesh Sundarbans by 2070.
ii. In 2010, World Wildlife Fund for Nature had reported that even a 11-inch rise in water levels can wipe out the tiger population in the region by 96%.
iii. Extreme weather events, heat waves and changing weather patterns could have an even greater impact on the decline than the rise in sea level.
iv. Since the beginning of the 20th century,  the tiger population has been in constant decay due to uncontrolled hunting, habitat loss and illegal trade of animal parts.
About Sundarbans Reserved Forest:
♦ Location:    Khulna Division, Bangladesh
♦ Bangladeshi portion of Sundarbans(Ramsar Wetland ) :
Official name – Sundarbans Reserved Forest
Designated – 21 May 1992
♦ Indian portion of  Sundarbans(Ramsar Wetland ) :
Official name- Sundarban Wetland
Designated- 30 January 2019

New species of pit Viper found in Itanagar
A new species of pit viper named “Trimeresurus arunachalensis” was found in West Kameng district of Itanagar, Arunachal Pradesh by a team of herpetologists from Indian Institute of Science Education and Research based in Pune, led by Ashok Captain. The newly found species has reddish brown colour and a unique heat sensing system. The discovery was published in Russian Journal of Herpetology.
i. Before this discovery, India has been a home of four brown pit vipers – Malabar, Horseshoe, Hump-nosed and Himalayan.
About Arunachal Pradesh
♦ Capital: Itanagar
♦ Governor: D. Mishra
♦ Chief Minister: Pema Khandu
♦ National Parks/ Wildlife Sanctuaries: Namdapha National Park, Mouling National Park, Sessa Orchid Sanctuary etc.
♦ Dance Forms: Aji Lamu, Pasi Kongki, Popir, Lion and Peacock dance etc.

OBITUARY

Tamil novelist and Sahitya Akademi Awardee Thoppil Mohamed Meeran dies aged 74 at Pettai in Tirunelveli district
On May 10, noted Tamil novelist and Sahitya Akademi Awardee Thoppil Mohamed Meeran passed away at Pettai in Tirunelveli district. He was 74. He authored several Tamil and Malayalam novels. His novel “Saaivu Naarkkali” (The Reclining Chair) won the Sahitya Akademi Award in 1997.

Thoppil Mohamed Meerani. He was born in the small coastal area of Thaengaaipattinam in Kanniyakumari district on September 26, 1944.
ii. His other novels are “Oru Kadalora Graamaththin Kathai”, “Thuraimugam”, “Koonan Thoppu” and “Anju Vannam Theru.” He has also written short stories like “Anbukku Muthumai Illai”, “Thangarasu”, “Ananthasayanam Colony”, “Oru Kutti Theevin Varippadam”, “Thoppil Mohamed Meeran Kathaigal” and “Oru Maamaramum Konjam Paravaigalum.”
iii. He received eight awards in total which included the Sahitya Akademi Award and Tamil Nadu Kalai Ilakkiya Perumantram Award in 1992.
About Tamil Nadu:
Capital: Chennai
Chief Minister: Edappadi K. Palaniswami
Governor: Banwarilal Purohit

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