Fact Box Current Affairs

Fact Box: Tropical Cyclone “Mora”

A deep depression in the Bay of Bengal has been declared intensified into a tropical cyclone named Mora. This is second cyclone in the Bay of Bengal after Maarutha, which helped bring in the Monsoon earlier by a week over Andaman & Nicobar Islands.

The tropical Cyclone Mora is likely to hit Bangladesh coast in next 24 hours and expected to cause heavy rains in West Bengal and North East Indian states. It may also help to pull monsoon faster over mainland.

About 2017 North Indian Ocean cyclone season

Every year, the North Indian Ocean cyclone season extends roughly between April to December with two peaks in May and November. This season includes cyclones in Bay of Bengal and Arabian sea, apart from Indian Ocean in northern hemisphere. The first cyclone of 2017 season was Cyclone Maarutha which was formed in April, 2017 triggering heavy rainfall in Sri Lanka, Myanmar and India’s Andaman & Nicobar Islands. Apart from other damages, three people were killed in Myanmar by Cyclone Maarutha. Cyclone Mora is second such cyclone in the Indian Ocean.

Naming of Tropical Cyclone

Tropical cyclones are classified into three main groups, based on intensity: tropical depressions, tropical storms, and a third group of more intense storms, whose name depends on the region. If a tropical storm in the North-western Pacific reaches hurricane-strength winds on the Beaufort scale, it is referred to as a typhoon. If a tropical storm passes the same benchmark in the Northeast Pacific Basin, or in the Atlantic, it is called a hurricane. Neither “hurricane” nor “typhoon” is used in either the Southern Hemisphere or the Indian Ocean. In these basins, storms of tropical nature are referred to simply as “cyclones”.

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Fact Box: 52nd Annual General Meeting of African Development Bank (AfDB)

The 52nd Annual General Meeting of African Development Bank (AfDB) is being held at Gandhinagar in Gujarat from May 22-26, 2017. This is for the first time that this meeting is being held in India. This meeting is expected to be attended by some 4500 delegates including the finance ministers and central bank governors of AfDBs members and non-member countries.

About African Development Bank (AfDB)

African Development Bank Group (AfDB) also known as Banque Africaine de Developpment (BAD) was founded in 1964 with a mission to fight poverty and improve living conditions of the people of African continent by promoting investment in government and private capital in development projects. The bank is made of three entities viz. African Development Bank, African Development Fund, and Nigeria Trust Fund. Its headquarters are at Abidjan, Côte d’Ivoire (Ivory Coast). The motto of the bank is “Building today, a better Africa tomorrow” and currently, it has total 78 members including India. India had joined this bank in 1983. Its unit currency (for accounting purpose) is XUA under the ISO 4217 standard currency code.

India and other Non-African Members

India is a non-African member country for this bank. Some other non-African member countries include US, Japan, Germany, Canada, France, China etc. Nigeria is the largest country in terms of voting powers at the African Development Bank, followed by United States.

Significance of the meet

So far, the annual conferences of the bank have held within African continent only. For the first time in 2017, the bank is holding its first annual conference outside Africa at Gandhinagar. This event is to be inaugurated by Prime Minister Narendra Modi.  This meet is seen as a logical follow up to the India Africa Forum summit which was held in 2015 in Delhi.

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