Current Affairs November 04, 2018

current-affairs-04-nov-18

1. Name the Artificial Intelligence (AI) bot that has been taught by researchers to identify galaxies in deep space ?

         1) ClaRAN
         2) DeTECT
         3) Laura
         4) DotSpot
         5) None of these

Answer – 1 ) ClaRAN

Explanation: The Researchers have taught an Artificial Intelligence (AI) bot named “ClaRAN” to identify galaxies in deep space. It has been trained to scan images taken by radio telescopes. It can spot radio galaxies that emit powerful radio jets from super-massive black holes at their centres. The AI bot named “ClaRAN” used to recognize faces on Facebook. ClaRAN is the brainchild of big data specialist Dr Chen Wu and astronomer Dr Ivy Wong from The University of Western Australia node of the International Centre for Radio Astronomy Research (ICRAR).

2. Which organisation has received a licence from the Reserve Bank of India (RBI) to start a Non-Banking Financial Company (NBFC).

        1)  Power Finance Corporation
        2) Magma Fincorp Limited
        3) IndoStar Capital Finance Limited
        4) Kirloskar Capital
        5) None of these

Answer – 4 ) Kirloskar Capital

Explanation: Kirloskar Capital has received a licence from the Reserve Bank of India (RBI) to start a Non-Banking Financial Company (NBFC). Prior to joining Kirloskar Capital, Vimal Bhandari was the Chief Executive Officer (CEO) of Indostar Capital. Kirloskar Capital is a wholly-owned subsidiary of Kirloskar Oil Engines (KOEL). It will be headed by Vimal Bhandari.

3. Name the only Indian film that has been listed in BBC’s list of 100 best foreign language films ?

         1) Dangal
         2) Mother India
         3) Village Rockstars
         4) Pather Panchali
         5) None of these

Answer – 4 ) Pather Panchali

Explanation: The film Pather Panchali has been listed in BBC’s list of 100 best foreign language films. It is the only film from India to feature in the list. The list features 100 films from 67 different directors, from 24 countries, and in 19 languages. Pather Panchali was directed by Satyajit Ray and released in 1955. Pather Panchali is at number 15 in the list. The list is topped by Akira Kurosawa’s film Seven Samurai.

4. The first ‘Little India Gate’ was inaugurated in __________.

         1) London, United Kingdom
         2) California, United States
         3) Wuhan, China
         4) Medan, Indonesia
         5) None of these

Answer – ) Medan, Indonesia

Explanation: The first-of-its-kind ‘Little India Gate’ was inaugurated at Kampung Madras or Madras Village area in Medan city, 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. 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.

5. On 2nd November 2018, Indian Ocean Rim Association (IORA) ‘Be the Legacy’ internship programme was announced at the end of the 18th IORA meeting in Durban, South Africa, to honour which leader ?

         1) Martin Luther King
         2) Mahatma Gandhi
         3) Jawaharlal Nehru
         4) Nelson Mandela
         5) None of these

Answer – ) Nelson Mandela

Explanation: On 2nd November 2018, the Indian Ocean Rim Association (IORA) ‘Be the Legacy’ internship programme was announced at the end of the 18th IORA meeting in Durban, South Africa. IORA was established in March 1997 through the vision of Nelson Mandela. The internship programme will be launched on July 18, 2019, the 101st birth anniversary of Nelson Mandela. The programme has been established by IORA members, including India, to honour former South African president Nelson Mandela.

6. RBI has recently permitted banks to provide PCE to NBFC bonds. What does ‘PCE’ stands for ?

         1) Partial Credit Enhancement
         2) Personal Credit Enhancement
         3) Premium Credit Enhancement
         4) Prone Credit Enhancement
         5) None of these

Answer – ) Partial Credit Enhancement

Explanation: The Reserve Bank of India (RBI) has recently permitted banks to grant Partial Credit Enhancement (PCE), or a partial guarantee, to bonds issued by systematically important non-deposit taking Non-Banking Financial Companies (NBFC-ND-SIs) registered with the Reserve Bank of India and Housing Finance Companies (HFCs) registered with National Housing Bank. PCE is expected to help NBFCs and HFCs raise money from insurance and provident or pension funds who invest only in highly-rated instruments. The move is aimed at enhancing the credit rating of the bonds and enabling these NBFCs to access funds from the bond market on better terms. The proceeds from the bonds, whose tenor cannot be less than three years, backed by PCE from banks can only be utilised for refinancing the existing debt.

7. Name the writer who has been selected for 2018 Ezhuthachan Puraskaram award, the highest literacy prize of the Kerala government ?

         1) Raoof Rahman
         2) Paramesh Nair
         3) M Mukundan
         4) S Sadasivam
         5) None of these

Answer – ) M Mukundan

Explanation: On November 3, 2018, 76-year old noted Malayalam writer M Mukundan has been selected for 2018 Ezhuthachan Puraskaram award, the highest literacy prize of the Kerala government. Mukundan is popularly known as the writer of Mayyazhi and has been a recipient of the Chevalier of Arts and Literature by the French Government in 1998. The award carries a cash prize of Rs five lakh and citation. He also won many noted literary awards including the Kendra Sahitya Akademy award, Kerala Sahitya Akademy award, Vayalar award, MP Paul award, Muttathu Varkey award and NV Puraskaram.

8. Who has been named the Brand Ambassador of 2018 Women’s World Boxing Championships (WWBC) ?

         1) Mary Kom
         2) Sarjubala Devi
         3) Pinki Jangra
         4) Yogeshwar Dutt
         5) None of these

Answer – ) Mary Kom

Explanation: Mary Kom, a five-time World Champion, has been named the Brand Ambassador of the 10th edition of theWomens World Boxing Championships (WWBC-2018). The World Championships is scheduled to be held at the IG Stadiums K.D. Jhadav Hall in New Delhi from November 15 and 24. It will see close to 300 pugilists from 70 countries across 10 weight categories, the tournaments highest-ever participation, including Olympic medalists, World and European Champions.

9. On 3rd November 2018, Where was the two-day Gyan Kumbh inaugurated by President Ram Nath Kovind ?

         1) Ahmedabad, Gujarat
         2) Haridwar, Uttarakhand
         3) Jaipur, Rajasthan
         4) Ghaziabad, Uttar Pradesh
         5) None of these

Answer – ) Haridwar, Uttarakhand

Explanation: On November 3, 2018, a two-day Gyan Kumbh was inaugurated by President Ram Nath Kovind at Patanjali Yogpeeth in Haridwar, Uttarakhand. Chief Minister of Uttarakhand Trivendra Singh Rawat, Higher Education Minister Dhan Singh Rawat and Swami Ramdev were also present on the occasion. The President also addressed the first convocation of the AIIMS at Rishikesh.

10. Which State Tourism Department launched a ‘SMiLE Virtual Tour Guide’ site for boosting tourism recently ?

         1) Meghalaya
         2) Kerala
         3) Himachala Pradesh
         4) Mizoram
         5) None of these

Answer – ) Kerala

Explanation: To boost the Malabar tourism, the Kerala Tourism Department launched a ‘SMiLE Virtual Tour Guide’ site for the region in north Kerala. SMiLE is the acronym for: ‘Small and Medium Industries Leveraging Experiential’ Tourism. For the concept and execution, the government provided Rs 50 lakhs to BRDC. It was conceived by and executed by Bekal Resorts Development Corporation (BRDC) that focuses on eco-friendly and experiential tourism.

11. Which state/union territory government along with the Indian Railways launched the ‘Mukhyamantri Tirth Yatra Yojana’ scheme to give free tourism package for senior citizens travelling to 5 religious circuits ?

         1) Pondicherry
         2) Delhi
         3) Chandigarh
         4) Goa
         5) None of these

Answer – ) Delhi

Explanation: On November 1, 2018, the Delhi government along with the Indian Railways launched a scheme to give free tourism package for senior citizens travelling to 5 religious circuits. The name of the scheme is: Mukhyamantri Tirth Yatra Yojana. The MOU was signed by:

  • Delhi government and The Indian Railways and Catering Tourism Corporation (IRCTC) in the presence of Deputy Chief Minister Manish Sisodia at the Delhi Secretariat in New Delhi.
  • The Delhi Tourism & Transportation Development Corporation Ltd.,