Current Affairs Quiz - March, 2021

Notes:
India’s first undersea tunnel is being constructed in Mumbai, as a part of the Coastal Road project of the city. It is expected to be completed by the year 2023.
The twin tunnels have a length of 2.07 km of which around a kilometre will be under the Arabian Sea. The undersea tunnel will be 20 metres below the seabed.

Notes:
The world’s largest cricket stadium located at Motera in Ahmedabad has been renamed as the Narendra Modi Stadium. It was inaugurated recently, by the President of India Ram Nath Kovind recently.
The stadium is built as a part of Sardar Vallabhbhai Patel Sports Enclave, which is spread in 220 acres in the banks of Sabarmati river.

Notes:
Mumbai-headquartered Fino Payment bank has been included in the category of a scheduled commercial bank, by the Reserve Bank of India.
The country’s central bank said that it has included Fino Payments Bank in the Second Schedule of the Reserve Bank of India Act, 1934. With this, the payment bank will have more exposure in treasury and participation in liquidity adjustment facility (LAF) window.

Notes:
A historic kangaroo painting created over 17,000 years ago by Aboriginal artists has been identified in Australia.
This is claimed to be the oldest intact rock art of Australia. The two-metre-long artwork has been found in the Kimberley region of Western Australia.

Notes:
The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement between all the member countries of the World Trade Organization (WTO)
India as well as South Africa have proposed the WTO to consider the TRIPS waiver on COVID-19 vaccines. If India succeeds in getting the waiver, it will reduce the cost of vaccines significantly and facilitate free flow of medicines and easy technology transfer across the world.

Notes:
The United Nations Conference on Trade and Development (UNCTAD) has recently released a report titled ‘Technology and Innovation Report 2021’.
The UNCTAD Technology and Innovation Report 2021 examines whether modern technologies widen the existing inequalities and create more inequalities. The report shows that with a present USD 350 billion market, the technologies could grow to USD 3.2 trillion by 2025.

Notes:
The winners of the 78th Golden Globes were recently announced with the “Nomadland” and “Borat Subsequent Moviefilm” bagging many awards.
While “Nomadland” won the award for the drama category, “Borat Subsequent Moviefilm” won for the comedy or musical division. Chloe Zhao, the director of “Nomadland,” became the first woman to win the best director award since 1984.

Notes:
The donkey skins are being used to make Ejiao, a gelatin used in the Chinese market for manufacturing traditional medicines. It is a hard gel used sometimes in food or drink or in cosmetics.
It is used in the Chinese market for manufacturing traditional medicines. The increased demand in China for this purpose is believed to be the cause of the sharp decline of India’s donkey population over the last decade.

Notes:
The Meghalaya Electric Vehicle Policy, 2021 was recently announced by the state government of Meghalaya. It will come to effect from April 1 this year.
The dedicated policy has set a target of 15 per cent electric vehicle penetration by the year 2025. The plan involves providing incentives to limited early adopters of EV.

Notes:
Iranaitivu is an island belonging to Sri Lanka located in the Gulf of Mannar. It is located 300 km away from the country’s capital, Colombo.
This remote island was recently chosen as the burial site for COVID-19 victims belonging to Islamic and Christian communities. The Sri Lankan government had previously forced minorities to cremate their dead.