Current Affairs Quiz - March, 2021

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:
The insurance regulator IRDAI has proposed a standard personal accident cover, named Saral Suraksha Bima.
All general and standalone health insurers have to mandatorily offer the policy from April 1 this year. The product will have a maximum sum assured of Rs 1 crore and minimum of Rs 2.5 lakh. The sum insured will also increase by 5 per cent each year for each claim-free policy year.

Notes:
The Chief Minister of Karnataka B.S. Yediyurappa has recently launched the ‘Namma Cargo’ service in the state.
Under this initiative, the state road transport corporation buses would carry cargo parcels to generate additional revenue to the state. This is being implemented in 109 bus stations in Karnataka and select locations of neighbouring states.

Notes:
The Polar Satellite Launch Vehicle-C51 (PSLV-C51) rocket of India successfully lifted off from Sriharikota launch pad.
It was carrying 19 satellites from Brazil, USA and India with the Brazil’s 637-kilogram optical earth observation satellite Amazonia 1, as its primary passenger. This is the first commercial mission of New space India limited.

Notes:
The ‘Zero Discrimination Day’ is observed annually across the world on March 1, by UNAIDS. The day was first celebrated on March 1, 2014.
This year, UNAIDS is focussing on the urgent need to take action to end the inequalities remaining in the world.The symbol for Zero Discrimination Day is the butterfly.

Notes:
According to the 10th Edition of Hurun Global Rich List 2021, China leads with the highest number of billionaires at 1058 followed by the U.S and India.
The index also highlighted that the world added 8 billionaires a week in 2020. The total wealth of all billionaires across the globe rose 32 per cent during the review period.

Notes:
World Wildlife Day is observed on March 3 across the world to celebrate wildlife and create awareness about the adverse impact of human activities and climate change on the wildlife.
This year, it is being celebrated under the theme- Forests and Livelihoods: Sustaining People and Planet.

Notes:
Nag river is a 17-km long river flowing through the city of Nagpur in Maharashtra. Originating from the Lava Hills, it is part of the Kanhan-Pench river system.
Recently, Nag River Pollution Abatement Project was approved with an outlay of Rs.2,117.54 crores. The aim of this project is to address the issue of pollution of Nag river caused by sewage and industrial wastes.

Notes:
National Council of Science Museums (NCSM) has set up Science Centre in Udaipur, in the state of Tripura.
The Governor of Tripura Ramesh Bais has inaugurated the Udaipur Science Centre, which has been developed at a cost of Rs 6 crore. It is funded jointly by the Ministry of Culture and Department of Science, Technology and Environment, Tripura Government.

Notes:
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the signing of a Memorandum of Understanding (MoU) with Fiji, for co-operation in the field of agriculture and allied sectors.
The MoU provides for cooperation in various areas including promotion of joint ventures between private sectors of both countries. It includes exchange of research personnel, technology and infrastructure.