Current Affairs Quiz - February, 2021

Notes:
Environment Minister Prakash Javadekar launched the Indo-French year of Environment along with his French counterpart.
India and France have environment projects being undertaken in Assam, Rajasthan and a project to be started in Jharkhand. The objective of this event is to strengthen Indo-French cooperation in sustainable development.

Notes:
The Budget Session of Parliament recently began with the address of President Ram Nath Kovind to the joint sitting of both Houses of Parliament.
During the address, the President mentioned that the ‘Amrut Mahotsav’ will be observed in the country from this year, to mark commencement of the celebrations towards the 75th year of India’s Independence.

Notes:
India conducted the 5th Act East Forum (AEF) meet with Japan and both the countries reviewed progress of various ongoing projects in the North-eastern region.
India’s ‘Act East Policy’ and Japan’s vision for a ‘Free and Open Indo-Pacific’ are realised through the Act East Forum, which also provides a collaborative platform in the North Eastern Region. The meeting was co-chaired by Foreign Secretary Harsh Vardhan Shringla.

Notes:
In the Economic Survey 2020-21 tabled in the budget session of the Parliament recently, the Government has pegged in the country’s GDP growth rate for FY 2021-22 at 11%. The GDP growth for the current financial year has been estimated at minus 7.7%.
Economic survey is an annual document prepared by the Ministry of Finance under the guidance of Chief Economic Advisor. Krishnamurthy Subramanian is the present Chief Economic Advisor.

Notes:
The National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 is to be introduced in the Budget session.
The government is set up a National Bank for Financing Infrastructure and Development (NaBFID), which will facilitate the infrastructure financing of the country. The developmental financial institution (DFI) will act as a principal financial institution and development bank to support infrastructure projects.

Notes:
Leprosy, also known as Hansen’s disease, is an infectious disease caused by a bacillus Mycobacterium leprae. It is named after the Norwegian physician Gerhard Armauer Hansen, who identified the bacterium.
World Leprosy Day is celebrated on the last Sunday of January every year to increase awareness on the disease. In India, the day is being observed on January 30 this year, on the death anniversary of Mahatma Gandhi.

Notes:
The Reserve Bank of India has recently announced a framework to strengthen the grievance redress mechanism in Banks. The framework mandates all banks (excluding regional rural banks) to have enhanced disclosures on complaints.
This move of Reserve Bank comes at the back drop of increase in customer complaints in the banking industry in the recent years.

Notes:
On the Polio National Immunization Day scheduled on January 31, 2021, around 89 lakh children were given polio drops under National Polio Immunisation drive across the country.
President Ram Nath Kovind launched the first round of Pulse Polio Programme 2021. Over seven lakh booths were set up for implementing the drive. A house-to-house surveillance will also be provided to vaccinate the remaining children.

Notes:
As per the Union Budget 2021-22, the threshold for paid up capital applicable for Small Companies has been revised from “not exceeding Rs 50 lakh” to “not exceeding Rs 2 crore”.
This enhancement in capital limit is expected to benefit more than 2 lakh small companies and would ease various compliance requirements for them.

Notes:
Vice President M. Venkaiah Naidu inaugurated Aadi Mahotsav, a National Tribal Festival at Dilli Haat, New Delhi. The event is scheduled to be held from February 1 to February 15, this year.
Aadi Mahotsav is a national-level tribal festival and a joint initiative of Ministry of Tribal Affairs, and the Tribal Cooperative Marketing Development Federation of India (TRIFED). The event showcases traditional art, handicrafts and cultural heritage of the country. It has been organised from 2017.