Current Affairs Quiz - February, 2020

Notes:
Indian Oil and Gas company, the Indian Oil Corporation recently signed an MoU with Russian energy firm, Rosneft for importing Crude Oil from Russia.
The crude oil purchase agreement was signed during a meeting between Union Minister of Petroleum and Natural Gas Dharmendra Pradhan and the Chairman and CEO of Rosneft, Igor Sechin. Under the agreement, Russia would export 2 million tonnes of crude oil to India this year. Rosneft bought Essar Oil in 2017, which is now Nayara Energy and holds 49 per cent stake in the firm.

Notes:
The US Chamber of Commerce Global Innovation Policy Centre (GIPC) recently released the latest edition of International intellectual property index. In the list, India is ranked 40, with a score of 38.46%, higher than the last year’s score.
India was placed at 36th rank in the last year’s list, which ranked 50 countries across the world. This year the Centre included 53 economies. The United States, the United Kingdom, Sweden, France and Germany retained their positions and were placed at the top five spots in the intellectual property index list.

Notes:
The Union Cabinet recently approved the Indian Institutes of Information Technology (IIITs) Laws (Amendment) Bill, 2020, to confer the status of Institution of National Importance (INI) to five Indian Institutes of Information Technology (IIITs).
The Five IIITs in Public-Private-Partnership mode at Surat, Bhopal, Bhagalpur, Agartala and Raichur are to conferred with the INI status. After the status has been granted, the institutions would be able to award degrees and to use the nomenclature of Bachelor of Technology (BTech) or Master of Technology (MTech) or PhD degree. The existing 15 IIITs had already been provided with the INI status.

Notes:
The Reserve Bank of India (RBI) recently projected the economic growth of the country to grow by 6 per cent during the next financial year. This is the lower end of the growth projection as announced by the government in the economic survey, which estimated a rate of 6-6.5 per cent. RBI also stated that the Indian economy continues to be weak.
The first half of the year would grow in the range of 5.5-6.0 per cent and the third quarter at 6.2 per cent, as per the RBI. But this projection is higher than the GDP growth projection of 5%, made in the monetary policy statement of December 2019.

Notes:
India has 12 major ports viz. Deendayal Port Trust, Paradip Port Trust, Jawaharlal Nehru Port Trust, Mumbai Port Trust, Visakhapatnam Port Trust, Chennai Port Trust, Kolkata Port Trust, New Mangaluru Port Trust, V. O. Chidambaranar Port Trust, Kamarajar Port Limited, Kochi Port Trust, Mormugao Port Trust. Of these, Deendayal (earlier Kandla), JNPT (earlier Nava Sheva), V. O. Chidambaranar (earlier Tuticorin) and Kamarajar (earlier Ennore Port) are named after individuals.

Notes:
Alternaria brassicae is a fungus that causes blight in the Mustard and Rapeseed crops. Yield in a field infected by fungus Alternaria brassicae can come down by as much as by 47 per cent, if remedial measures are not taken.

Notes:
Pakistani cricketer Naseem Shah recently became the youngest person to get a hat trick in test cricket. Naseem, aged 16 years and 359 days took three wickets against Bangladesh on February 9, 2020 to set this record.

Notes:
23rd edition of the two day annual National Conference on e-Governance recently concluded in Mumbai. Its focus was on improving delivery of public services by promoting use of digital platforms. During the event, Blockchain Sandbox – Maharashtra was also launched. Mumbai Declaration on e-Governance was also unanimously adopted on the concluding day.

Notes:
Raad-500 is a short-range ballistic missile recently unveiled by Iran. It can be powered by a “new generation” of engines designed to put satellites into orbit.

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.