Current Affairs Quiz - February, 2020

Notes:
Moody’s Investors Service recently released its estimates for India’s GDP growth in the upcoming fiscals. It lowered the real GDP growth projection for the next 2020-21 fiscal to 5.5 per cent, from its previous estimate of 6.3 per cent. The government’s Economic survey has projected a growth rate of 6-6.5% for the next fiscal.
It also stated that the GDP growth for the current fiscal ending March 31 would be 4.9 percent, which is slightly lower than the estimate of the government. For the fiscal 2021-22, it predicted a growth rate of 6 per cent, down from 6.7 per cent which was projected earlier.

Notes:
Ace Indian weight-lifter, Mirabai Chanu set a new national record in the National Weightlifting Championships in Kolkata, by improving her previous record. The former world champion and common wealth gold medallist belongs to the state of Manipur.
Mirabai lifted a total of 203kg to win the 49kg gold, which was better than her previous best- 201 kg, which she had achieved at the World Championships at Thailand, in September last year. The 25-year-old weight-lifter was placed fourth in the world rankings. Jeremy Lalrinnunga, another top weight-lifter from India won the men’s 67kg title in the Championship.

Notes:
The Union Finance Minister Nirmala Sitharaman announced a dispute resolution scheme for direct taxes in the recent Union Budget 2020-21.
Under the proposed scheme, the taxpayers whose tax demands are locked in any dispute in any of the forums can pay their due taxes by March 31, 2020. By paying it before the deadline, the taxpayer can get complete waiver of interest and penalty. With an additional 10 per cent, he can pay up to June 30. The Finance Minister recently introduced the ‘Vivad se Vishwas’ bill in the parliament. Last year, a scheme for dispute resolution for indirect taxes called ‘Sabka Vishwas’ was launched.

Notes:
Sports Authority of India (SAI) and Hockey India jointly announced that High Performance Centres would be established in seven places across the country. The Centres are expected to provide world-class facilities to Junior and Sub-Junior hockey players.
The Centres, which would provide international exposure to players, will be monitored by Hockey India. Four Centres including the National Hockey Academy at Dhyan Chand National Stadium will be functional within three months. This step is taken to promote the game and groom young players for the upcoming Olympic Games.

Notes:
Baltic Dry index tracking freight rates for world’s largest cargo ships recently plunged into negative territory due to coronovirus.

Notes:
The Chief Minister of Haryana Manohar Lal has recently launched Mukhyamantri Parivar Samridhi Yojana. Under this scheme, an annual financial assistance of Rs 6000 is to be provided to the families in the State, whose annual income is up to Rs 1.80 lakh and who own land below 5 acres.
This ensures that the premiums for various welfare schemes of the Central Government, pension scheme and crop insurance are paid automatically from the bank accounts of the needy families.

Notes:
The South Korean film Parasite created history at the 2020 Oscars, by being the first film not in the English language to win the coveted award. It won a total of four Oscars, including best picture, best director, best screenplay and best international feature.
This is also the first film to have won both international feature and best picture at the Oscars, in its history. Joaquin Phoenix and Renee Zellweger won the award for best actor and actress respectively.

Notes:
European countries witnessed a devastating storm named ‘Ciara’, which caused huge damage and killed as many as six people. The hurricane-force winds and heavy rains damaged several thousand buildings in the region.
The storm moved on near Germany, after hitting Britain and Ireland. It was called as ‘Ciara’ by the Irish weather service and dubbed as ‘Sabine’ in Germany. Flood warnings are given and flight operations are suspended in the countries.

Notes:
According to the latest study by the National Crime Records Bureau (NCRB), Maharashtra records the highest number of missing women in the last three years, followed by West Bengal and Madhya Pradesh.
NCRB compiled this data on missing children and women, on the directions of the Supreme Court. The study was based on the annual ‘Crime in India Report’ compiled by the agency for the years 2016, 2017 and 2018. The highest number of missing children was reported in Maharashtra and West Bengal.

Notes:
The Ministry of health and family welfare recently said in a notification that all medical devices sold in the country would be treated as drugs and would be regulated under the Drugs and Cosmetics Act of 1940, from April 1, 2020.
As of now, only 23 medical devices are being categorised as drugs. Only a few of these including cardiac stents and intrauterine devices have been brought under price control. The decision was taken after discussing with the Drugs Technical Advisory Board (DTAB).