Current Affairs Quiz - February, 2020

Notes:
In the recent Monetary policy committee statement released by the Reserve Bank of India, it extended the deadline for one-time restructuring of GST-registered MSME borrower account to December 31,2020. The restructuring was to be implemented before March 31, 2020, as per the RBI’s earlier guidelines. It also announced that scheduled commercial banks can deduct the credit disbursed as retail loans for automobiles, housing and MSME loans from their net demand and time liabilities (NDTL) for CRR maintenance.

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:
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:
Hollywood actor Muhammad Ali is playing Dr. Kalama’s role in the movie. The movie is a co-production of Suvarna Pappu, Managing Director of a Hollywood Production House, Hollywood Director, Jagadeesh Daneti and Hollywood Producer & Director Johnny Martin.

Notes:
Pranash is the name of India’s 200-km strike range tactical ballistic missile which is currently under development by DRDO. This missile is advanced version of the 150-km strike range Prahar missile. Pranash will be a surface-to- surface ballistic missile and will be used by Air Force and Army.

Notes:
Chief national badminton coach Pullela Gopichand has received an honourable mention in the male category of the prestigious 2019 International Olympic Committee’s Coaches Lifetime Achievement Award in recognition of the role he played in the development of the game in the country.

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:
Renowned Indian philosopher and educationist Prof. K. Ramakrishna Rao has authored his autobiography, which is titled as ‘A Child of Destiny: an autobiography’. It was released by the Indian Vice President M Venkaiah Naidu, in Visakhapatnam.
The Professor, Vice Chancellor of GITAM University, was also the recipient of the prestigious Padma Shri award. He had also been awarded the National Fellowship of the Indian Council of Philosophical Research.

Notes:
The Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act of 1989 was legislated to protect the scheduled communities from harassments and atrocities.
In March 2018, the Supreme court gave a judgement diluting the original act and it even granted anticipatory bail for those booked in the atrocity case. After huge protest, the government amended the original act and passed the SC/ST (Prevention of Atrocities) Amendment Act, 2018. This amendment has been upheld by the apex court.

Notes:
State Bank of India (SBI) recently partnered with the mobile phone manufacturer Realme, to offer credit facilities. The partnership is made under the bank’s electronic lending product- Electronic Dealer Financing Scheme (e-DFS).
Under this MoU, the dealers and distributors of Realme would get access to credit facilities at low interest rates and minimum collateral. The inventory transactions could also be reported real-time, using the product.