Current Affairs for 17 May 2019
BANKING AND ECONOMY
CURRENT AFFAIRS VIDEO
- The Lancet’s report, “Trends in cause-specific mortality among children aged 5–14 year from 2005 to 2016 in India, China, Brazil, and Mexico: an analysis of nationally representative mortality studies” shows the following:-
- Approximately 1 million deaths of children aged 5–14 years occurs every year.
- These countries are home to about 40% of the world’s children aged 5–14 years and experience more than 200,000 deaths annually.
- In 2016, India had the highest death rates in nearly every category, including from communicable diseases.
- According to research by Johns Hopkins Bloomberg School of Public Health published in The Lancet Global Health, shows that India has more than halved its mortality rate of children under five years from 5 million in 2000 to 1.2 million in 2015.
- India records the highest number of births (26 million) every year and also child deaths.
- The ratio of the highest regional mortality rate (Northeast region) vs. the lowest (South region), and found that that ratio increased from 1.4 in 2000 to 2.1 in 2015.
Cause of death (U-5)
Pre-term birth complications
Uttar Pradesh (84,362)
Uttar Pradesh (53,681)
Intrapartum related events
Uttar Pradesh (36,685)
Andhra Pradesh and Telangana together (7822)
Uttar Pradesh (35 381+)
- Central Board of Indirect Taxes and Customs (CBIC) has introduced the “Weightage Point System” which is based on nine parameters for appointing people on compassionate grounds to bring objectivity, transparency and uniformity in the selection process.
- Compassionate Appointment Scheme under the Department of Personnel and Training (DoPT), appoints dependent family member of a government servant who died before retirement or left job on medical grounds, thereby leaving his or her family without any means of livelihood.
- CBIC has also implemented the project SPARROW-CBIC- the first of its kind in terms of scale– to provide the Annual Performance Appraisal Report (APARs) for Group B and C officers through online platform
- SPARROW stands for Smart Performance Appraisal Report Recording Online Window.
- It is conducted for Indian Revenue Service (IRS) officers in Customs and Central Excise in 2016-17.
- Meghalaya government has approved to establish the ‘Farmers’ Commission’ to look into the problems faced by farmers.
- The decision is in line with the resolution passed at the ‘farmers’ parliament’ first of its kind, which took place in December 2018 to discuss issues related to the agriculture situation in the State.
- India gave two Mi-24 attack helicopters to Afghanistan which are being purchased from Belarus by India.
- These helicopters are a replacement for the four attack helicopters gifted by India to Afghanistan in 2015.
- India has also donated more than USD 3 billion to Afghanistan.
- INS Kolkata and INS Shakti have participated in a three-day Asia Pacific naval and maritime exhibition- International Maritime Defence Exhibition (IMDEX) which was held in Singapore.
- After this event, India and Singapore will start their joint naval exercise “SIMBEX” in South China Sea.
- UNESCO’s report titled ‘Global Education Monitoring’ (GEM) showed International help for education to India has fallen 26% to $464 million in 2017 as compared to $634 million it received in 2016.
- In 2017, total financial grant to education was $13.2 billion globally, down 2 percent to $288 million compared to 2016.
- Aid to secondary education fell by 80%, while for post-secondary education it rose by 20%.
- International Development Association (IDA) gave $240 million in aid in 2017, as compared to $447 million it had offered in 2016.
Number of Out of School Children Declined
Secondary lower schools
- Assam Sahitya Sabha has issued a diktat to the state government that, people without the knowledge of Assamese or other indigenous language of the state would not be allowed to work in the state.
- Assam Sahitya Sabha (1917) has also set a month’s deadline to introduce any recognised indigenous tongue as the third language up to Class 12 in all Kendriya Vidyalayas and schools affiliated to the CBSE.
- Taiwan has become the first country in Asia to legalise the same sex marriage.
- US is likely to implement the Point-Based System For Immigration.
- Point-Based System For Immigration (if implemented) would grant green card to people based on merit credentials such as education, age and English proficiency.
- US Commerce Department has blacklisted the Chinese technology company- Huawei for alleged security threats.
BANKING AND ECONOMY
- Bombay Stock Exchange has launched ‘BSE StAR MF’ app to make processing of mutual funds transactions faster and to increase participation.
- BSE StAR MF is the BSE’s platform which aids distributors in purchasing and redeeming the mutual fund units on behalf of their clients.
- Doordarshan partners with Amazon to launch souvenir store offering merchandise like t-shirts, coffee mugs and sippers under the tagline “I am in your DNA, I am your Doordarshan“.
- Purpose: – To establish a stronger relationship with viewers of Doordarshan channel.
- RBI has mandated all NBFCs with a size of over ₹5,000 crore to appoint Chief Risk Officers (CROs) for a fixed tenure to manage risks of NBFCs.
- CRO should be a senior official of the NBFC with adequate professional qualification/ experience.
- European Union’s (EU’s) anti-trust authority has fined five top banks for collusion in the forex currency market particularly participating in foreign exchange spot trading cartel.
- Citigroup, Royal Bank of Scotland, JPMorgan, Barclays and Japan’s MUFG Bank were fined €1.07 billion.
- World Telecommunication and Information Society Day is observed on May 17 by United Nations.
- Theme for 2019: – “Bridging the standardization gap”.
- On this date the first International Telegraph Convention was signed and International Telecommunication Union (ITU) created in 1865.
- Council of European Chambers of Commerce (CEUCC) in India and European Union (EU) delegation will honour actor Anil Kapoor.
- Reason: – For promoting Children’s and girls’ rights in collaboration with Plan India and the European Union.
- United Nations Office for Disaster Risk Reduction (UNDRR) honoured Dr Pramod Kumar Mishra with the ‘Sasakawa Award 2019 for Disaster Risk Reduction’ during the ongoing 6th Session of ‘Global Platform for Disaster Risk Reduction’ (GPDRR) 2019.
- Sasakawa Award is the most prestigious award of the United Nations in the area of Disaster Risk Management.
- Theme for 2019 Sasakawa Award:- ‘Building Inclusive and Resilient Societies’.
- US’s Kitkit School and London’s Onebillion Educational (NPO) were declared co-winners of the XPRIZE For Global Learning award 2019 worth USD 15 million.
- Global Learning XPRIZE (launched in 2014) challenge innovators around the globe to develop scalable solutions that enable children to teach themselves basic reading, writing and arithmetic within 15 months.
- Squash Rackets Federation of India (SRFI) tied-up with HCL to improve squash in the country.
- Under ‘HCL Squash Podium Programme’, multiple tournaments will be organised at both the senior and junior level besides clinics for the existing coaches.