Current Affairs Quiz - February, 2020

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 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 noted astronaut of the US- based National Aeronautics and Space Administration (NASA), Christina Koch recently completed the longest-ever single spaceflight by a woman.
Christina Koch landed through a parachute at Kazakhstan, from the Russian Soyuz spacecraft she was onboard. She had created a record by spending 328 days on the International Space Station (ISS) and surpassed the previous record held by the American astronaut Peggy Whitson. In October last year, she performed the first all-female spacewalk along with her fellow astronaut Jessica Meir.

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 released its statement on developmental and regulatory policies, along with the February 2020 Monetary policy statement.
In the statement, the central bank announced about the launch of Digital Payments Index (DPI), which will assess the digitalisation of payments in the country. The DPI will accurately measure the penetration of digital payment modes among the general public of the country. The index is proposed to be launched from July 2020.

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:
India’s leading defence PSU Bharat Electronics Ltd (BEL) has recently signed a Memorandum of Understanding (MoU) with RailTel Corporation of India for mutual co-operation in the fields of Cloud Services, IoT, e-Governance and Networks for Defence projects.
BEL also signed an agreement with a Bengaluru-based start-up, Newspace & Research Technologies Limited (NRT), for co-operation in design, testing and supply of Unmanned Systems. The PSU also partnered with Bharat Heavy Electricals Ltd (BHEL) to develop and market products for defence and non-defence applications. All the agreements were inked during the ongoing defence exhibition-DefExpo 2020, at Lucknow.

Notes:
Batterygate refers to implementation of performance controls on older models of Apple’s iPhone line in order to preserve system stability on degraded batteries.

Notes:
Kaamya Karthikeyan a student from Mumbai, recently became the youngest girl in the world to scale Mt Aconcagua. Mt Aconcagua is the highest peak in South America, located in Argentina. It is the highest peak outside Asia with the height of 6962 metres.
The student of Navy children school has already scaled the some of the highest peaks in Africa, Europe, and Australia in the past.

Notes:
The 33rd African Union (AU) summit has commenced recently in Addis Ababa, the capital of the African nation Ethiopia. The summit is being held under the theme ‘Silencing the Guns: Creating conducive conditions for Africa’s development’.
South African President Cyril Ramaphosa, took over as the African Union chair, from Egyptian President Abdel Fattah el-Sisi. Heads of countries and government officials from across Africa have assembled in the city for participating in the summit.