10 PM Current Affairs Quiz : April 5, 2019

NIIF was set up in 2015 as an investment vehicle for funding commercially viable greenfield, brownfield and stalled projects in the infrastructure sector. NIIF invests in areas such as energy, transportation, housing, water, waste management and other infrastructure-related sectors in India.

According to the Stockholm International Peace Research Institute’s 2018 report, India is the second-largest importer of arms worldwide, just behind Saudi Arabia. Leading arms sellers to India include Russia, Israel and the US.

The United States has approved the sale of 24 multi-role MH-60R Seahawk maritime helicopters to India at an estimated cost of USD 2.6 billion.

The Seahawks are multi-mission maritime helicopter developed by Lockheed Martin.These multi-role helicopters can perform a variety of functions including (a)anti-submarine warfare (b)anti-surface warfare, (c)surveillance (d)communications relay (e)combat search and rescue, (f)naval gunfire support and (g)logistics support.

The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966.ADB is headquartered in Manila, Philippines. It aims to promote social and economic development in Asia. ADB has 67 members, of which 48 are from within Asia and the Pacific and 19 outside. Japan holds the largest proportion of shares in ADB followed by the USA. ADB is also an official United Nations Observer.

The State of Global Air 2019 has stated that exposure to outdoor and indoor air pollution contributed to over 1.2 million deaths in India in 2017 and is the 3rd largest cause of death among all health risks. The report is a systematic annual study of the health effects of global air pollution and is published by Health Effects Institute (HEI).

Pradhan Mantri Ujjwala Yojna seeks to replace unclean cooking fuels used in the most underprivileged households with clean and more efficient LPG (Liquefied Petroleum Gas). A major objective of the scheme is to ensure smoke-free houses and thus curb indoor air pollution.

NABARD Consultancy Services (Nabcons) is a fully owned subsidiary promoted by National Bank for Agriculture and Rural Development (NABARD). It is engaged in providing consultancy in all spheres of agriculture, rural development and allied areas. It is registered under the Companies Act,1956.

India has signed a memorandum of understanding (MoU) with the National Bank for Agriculture and Rural Development Consultancy Service (NABCONS) for setting up the India-Africa Institute of Agriculture and Rural Development (IAIARD) in Malawi, a landlocked country in south-eastern Africa.

South Korea has launched the world’s first nationwide 5G mobile networks. South Korean telecom operators SK Telecom, KT, and LG Uplus began their services on 4th April, despite previously announcing the launch date would be April 5.

According to experts, 5G would provide near-instantaneous connectivity —20 times faster than 4G. The other expected benefits of 5G include reduced latency (faster response time), energy saving, cost reduction, higher system capacity, and mass device connectivity.