Current Affairs Quiz - February, 2020

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:
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 United States recently launched the International Religious Freedom Alliance, which is aimed at protecting and preserving religious freedom across the world.
The U.S. Secretary of State Mike Pompeo announced the formal launch of the alliance. As many as 27 countries have joined the alliance and the prominent countries among them are Australia, Brazil, the United Kingdom, the Netherlands and Greece. He also announced that the next ministerial to Advance Religious Freedom will be hosted by Poland in Warsaw, in July 2020.

Notes:
US-based social networking and microblogging service, Twitter recently announced that it would label the fake media shared on its platform.
From next month, Twitter will start labelling the photo or video, so that its users can identify that the media has been manipulated. It also announced that, the firm may remove some media, which are harmful to public safety. Twitter is proposed to use three tests by analysing whether the media is doctored by authenticity, source of sharing and its potential for harm.

Notes:
During the on-going exhibition DefExpo-2020, an MoU was signed between Hindustan Aeronautics Limited and Israel’s Elbit Systems, for joint development of an unmanned aerial vehicle (UAV).
The agreement aims at analysing the feasibility of developing an UAV, which performs vertical take-off and landing, for maritime and land-based military operations. The proposed UAV will cut down the huge costs associated with maintenance of manned helicopters. The vehicles with greater potential, will also be more efficient in military operations. The Indian armed forces could deploy them for operating in unsafe areas or for surveillance missions.

Notes:
Rakhi Halder, the Indian weight-lifter from West Bengal was seen in news recently as she bagged gold medal in 64kg category at the 35th edition of the Senior Women’s National Weightlifting Championships, being held at Kolkata.
Rakhi Halder, who is an Indian Railways employee, had clinched gold in the Commonwealth Championship in June 2019 and the bronze medal at the Qatar International Cup. Earlier, former World champion Mirabai Chanu from Manipur set a new national record in the 49-kg category and won gold medal.

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 Administrative Council under the chairmanship of Lt Governor G C Murmu recently approved the renaming of the state’s Public Health Engineering, Irrigation and Flood Control Department as the ‘Jal Shakti Department’.
The council also approved the implementation of the Jal Jeevan Mission and the strategy to achieve 100 per cent coverage of piped water supply across the UT, by December 2021. It was also proposed to set up a Mission Directorate of Jal Jeevan Mission for implementation of the scheme. Seven districts of the UT would be covered for 100 per cent piped water supply by June 2020, in the initial phase.

Notes:
The country’s first glass floor suspension bridge is to be built across the river Ganga in Rishikesh, Uttarakhand. The state government has recently approved the design of the glass-floor bridge.
This bridge is to be built as an alternative to the iconic Lakshman Jhula which was closed last year, citing safety reasons. The Public Works Department (PWD) is to construct the bridge, which would have a floor with toughened transparent glass, through which the pedestrians can see the surface of the river. The length of the proposed bridge will be 132.3 metres and it will have toughened glass railings on either side.

Notes:
Esperanza Base (Hope Base) is a permanent, all-year-round Argentine research station in Hope Bay, Trinity Peninsula in Antarctica.