Current Affairs Quiz - February, 2020

Notes:
World Cancer Day is organized by the Union for International Cancer Control and celebrated every year on February 4, from 2000. This year the theme of the campaign is ‘I am and I will’.
The World Cancer Day campaign was first created in the year 2000, and this year’s is the 20th edition of the day. It is observed to create awareness about the disease across the world and to improve individual and government action. The campaign aims at reducing the number of premature deaths from cancer and noncommunicable diseases by one third by 2030.

Notes:
Kenya’s longest-serving president, Daniel Arap Moi, who ruled the country for 24 years, passed away recently. He assumed charge as the President of the country in 1978, when the founding President Jomo Kenyatta died.
He was seen as a uniting figure by many Kenyans. During his reign, he passed a constitutional amendment that made Kenya a one-party state. Then he surrendered to the demands of a multi-party state in 1991. Corruption, economic crisis and political protests were reported in the East African country.

Notes:
Leading Indian fin-tech start-up company Paytm has recently launched a point-of-sale (POS) device for smaller merchants. The device would accept payments through cash, Paytm wallet, debit and credit cards and Unified Payments Interface (UPI) apps.
It is an android-based all-in-one device, which will help the smaller merchants, road-side shop-keepers in handling digital money. Good and Services Tax (GST) compliant bills can also be generated through the ‘Paytm for Business’ app. The device was launched jointly by the founder and CEO Vijay Shekhar Sharma and co-founder Nandan Nilekani.

Notes:
Indian Maharatna Public sector enterprise NTPC Ltd has recently raised $750 million syndicated Japanese yen loan, which will help to reduce air pollution from its power projects across India.
This is the highest single-foreign currency loan raised by the enterprise and also the largest syndicated Japanese yen loan raised by an Asian firm. The yen-denominated bond issued in the Japanese capital by non-Japanese companies is called Samurai bond. The loan will fund the installation of Flue Gas Desulphurization (FGD) system, which will help reduce SOx emissions. New hydro projects and projects using advanced technologies are also set to be established with the fund.

Notes:
‘Pradhan Mantri Kaushal Vikas Yojana’ (PMKVY) is the flagship skill development scheme of the Ministry of Skill Development and Entrepreneurship. It is implemented by the National Skill Development Corporation and aims to impart skills to one Crore persons of the country by 2020. It was launched in the year 2015, on the National skills day, July 15.
Recently, the Skill Development Ministry announced that over 73 lakh candidates undertook training under Pradhan Mantri Kaushal Vikas Yojana. The Ministry had earlier announced that PMKVY-III will be launched this year, with enhanced initiatives.

Notes:
Agriculture and Processed Food Products Export Development Authority (APEDA) has recently organised its first awareness programme in Andaman & Nicobar Islands.
APEDA, which comes under the aegis of Union Ministry of Commerce and Industries, organised the programme in association with the Directorate of Industries of the Andaman & Nicobar Islands, in the capital city of the islands, Port Blair. The campaign was aimed at examining methods to promote exports of agri products and implementation of the Agri Export Policy in the Islands. The draft state Agri Export action plan, developed by APEDA was also finalized.

Notes:
The Reserve Bank of India (RBI) recently conducted its sixth bi-monthly Monetary policy committee (MPC) meeting and released the statement. The repo rate was left unchanged at 5.15%, as a unanimous decision taken by the MPC members.
The central bank also announced that it had no plans to monetise the government’s fiscal deficit, which means to print fresh currency notes to balance the deficit. A Self-Regulatory Organisation (SRO) for digital payment system is also to be set up by April 2020. RBI also decided to extend the Cheque Truncation System (CTS) to all regions across India.

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 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:
The Union Ministry of Housing & Urban Affairs has recently launched two Assessment Frameworks, namely Ease of Living Index (EoLI) and Municipal Performance Index (MPI) 2019.
The two indices are expected to assess the quality of life of citizens in 100 Smart Cities and 14 other cities, with more than 1 million population. The MPI assesses the performance of municipalities based on five parameters of Service, Finance, Planning, Technology and Governance.