Current Affairs Quiz - February, 2021

Notes:
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Siddhartha Mohanty as the new Managing Director of the Life Insurance Corporation (LIC) of India.
He is currently serving as the Managing director (MD) and chief executive officer (CEO) of LIC Housing Finance. Siddhartha Mohanty has replaced TC Suseel Kumar, who retired on January 31, 2021. LIC has four Managing Directors and one Chairman.

Notes:
Fishing Cat is a special cat species that is found in wetland and mangrove ecosystems. The cat species is classified as Vulnerable as per IUCN Red list.
A team named Fishing Cat Conservation Alliance has been formed that comprise of conservationists, researchers and enthusiasts across the world working to conserve and protect Fishing Cat species.

Notes:
Andhra Pradesh became the second State in the country to undertake the power sector reforms stipulated by the Department of Expenditure, Ministry of Finance.
The state has been granted permission to mobilise additional financial resources equivalent to 0.15 per cent of its Gross State Domestic Product (GSDP), which means an additional borrowing of Rs 1,515 crore.

Notes:
The Union Ministry of Women and Child Development created “Track Child portal”, to track the missing and found children.
The Ministry provided the statistics recorded on this portal for the last 5 year. In the year 2020, from January 2020 to January 2021, 43515 children were found missing and 38113 children were found. All concerned authorities are asked to update the portal regularly.

Notes:
The Reserve Bank of India announced its Monetary Policy committee decisions. As per the RBI, the GDP growth rate was projected at 10.5 per cent for the financial year 2021-22.
The RBI Governor said that the growth outlook has significantly improved and the vaccination drive will help the economic recover. The RBI retained the repo rate unchanged at four per cent.

Notes:
Barbados is an island country located in the Caribbean region of North America. It is an independent British Commonwealth nation with Bridgetown as its capital.
Barbados Prime Minister Mia Mottley has thanked the Indian government for donation of COVID-19 vaccine doses. The country has a population of over 2.87 lakhs with 1641 coronavirus cases.

Notes:
A German-Madagascan expedition team has discovered a chameleon subspecies in Madagascar, which might be the smallest reptile on earth.
Named as Brookesia nana, the male reptile has a body of only 13.5 mm and top to tail length of 22mm. As per the Scientists, the species native to northern Madagascar rainforest might be threatened by extinction.

Notes:
The Education Ministry is set to name the 383 residential schools and 680 hostels funded under the Samagra Shiksha Scheme as ‘Netaji Subhas Chandra Bose residential schools.
Under the Samagra Shiksha Scheme, the Ministry provides financial assistance to States and UTs to open and run residential schools, to promote schooling in less populated areas and tribal areas.

Notes:
A team of three computer engineers from Assam have successfully developed a video playing and sharing application named ‘TipTeapi’.
It is said to be the rival of the famous Chinese application TikTok. It is said to be a secure application with privacy protection. At present, the application is available for users in India and a few other countries.

Notes:
The Business Confidence Index (BCI) is developed by the Delhi-based economic think tank National Council of Applied Economic Research (NCAER).
As per the recent edition, the index increased 29.6 per cent between second and third quarter of the current financial year. The survey findings are based on the responses from 500 companies.