Current Affairs Quiz - February, 2020

Notes:
The MLA of Sivasagar constituency in the state of Assam, Pranab Kumar Gogoi recently passed away. He had also served as the Speaker of the Assam state assembly.
The noted legislator was born in 1936 and was an advocate by profession. He was a veteran member of the Congress Party and was first elected to the state assembly in 2001. He was known for introducing the definition of the term “Assamese”, during the previous term of Congress government in the state.

Notes:
Bhutan is the correct answer. The country follows a ‘high value, low volume’ tourism policy and charges a Sustainable Development Fee from visitors to help finance environmental protection, cultural preservation, and infrastructure development. The current standard SDF is US$100 per person per night for most foreign visitors, while Indian nationals pay a preferential rate of Nu./INR 1,200 per person per night. This fee is a key part of Bhutan’s tourism model.

Notes:
The Union Cabinet of India recently approved to set up 13th major port of India, at Vadhavan in Maharashtra. The project is to entail a total cost of Rs 65,544 crore.
The government is expected to hold 51 per cent stake in the project of the new port. All related business activities would be done under private-public partnership (PPP) mode. A special purpose vehicle is proposed to be formed, which would develop the infrastructure of the new port. This port would promote cargo movement from Gujarat, Maharashtra and other land-locked states.

Notes:
Top media agency of India, GroupM recently revealed that India would become the 8th-largest global advertising market in 2020. This is two places higher than the previous year’s rank.
It also estimates the overall size of India’s advertising market to be 13.2 billion (Rs 94,000 crore), which is 10.7 per cent growth from the last year, when the overall size was 11.9 billion (Rs 84,917 crore). The first place was bagged by the United States with a huge lead from the rest of the countries, followed by China and Japan.

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:
The fifth edition of the India-Russia Military Industrial Conference was recently organised in the northern Indian city, Lucknow. The Conference was organised on the sidelines of the biennial Defence exhibition DefExpo 2020.
As many as 14 MoUs related to production of different defence equipment, radar systems, ASW Rocket launchers and 3D modeling were signed between the companies from India and Russia. Among several Indian companies, the prominent ones which signed the agreements were BHEL, Bharat Dynamics Limited and Vista control.

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

Notes:
Christina Koch has set the record for the longest stay in space by a woman. The U.S. astronaut landed in Kazakhstan on February 6 after 328 days on the International Space Station (ISS).

Notes:
Anoop Mishra, an Indian Army Major from the College of Military Engineering was known for having developed a bulletproof jacket which protects against sniper bullets. He was seen in news recently as he has now developed a helmet, which is also the world’s first, that can stop an AK-47 bullet round from 10 meters.
Indian Army’s College of Military Engineering in collaboration with a private firm has developed India’s first and world’s cheapest gunshot locator called ‘Parth’, which can locate the bullet from a distance of 400 meters.

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.