Current Affairs Quiz - February, 2020

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:
Tripura government is to hold the two-day Hornbill Festival for the first time from February 8, 2020. The festival has been an important state festival of Nagaland, which is usually held in the month of December in the Naga heritage village of Nagaland.
Tripura hosts the festival with an aim to conserve the Hornbill bird and to boost the livelihood of the state’s people through tourism. Arunachal Pradesh and Manipur also had started organising the Hornbill festival in their states, following Nagaland.

Notes:
The state government of Madhya Pradesh recently announced that drones would be used in land surveys for mapping the villages. The Revenue department of Madhya Pradesh has signed agreement in this regard with the national mapping agency, Survey of India.
The land survey work is being done manually or with the assistance of satellite images, until now in the state. As many as 55 thousand villages of the state have been selected for mapping. Using the drone technology, the map of the area will be made on a scale of 1:500, for a better resolution. Last year in August, Maharashtra started using drones for mapping its villages.

Notes:
High Energy Materials Research Laboratory (HEMRL) is a laboratory of the Defence Research and Development Organisation (DRDO). Head-quartered in Pune, it conducts research in the area of High Energy Materials and Explosive materials.
Recently, the lab has tied up with the Russian state military organisation Rosoboronexport to import new technologies for the development of high energy materials required for missiles, rockets and guns. A technology development contract was signed with the organisation in this regard.

Notes:
The Marine Products Export Development Authority (MPEDA) was established in 1972, by an act of Parliament, to act as the nodal agency for the development of Indian seafood industry. It is head-quartered at Kochi.
Recently, MPEDA announced that it is to start the upgradation and modernisation 25 fishing harbours in the country. The project is to be undertaken with the assistance from the Centre
at a proposed outlay of Rs 2500 crore.

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 Great Indian Bustard is named the mascot of the UN Convention of Conservation of Migratory Species (CMS) (COP 13). India has recently proposed to include three species- the Asian elephant, the Great Indian Bustard and the Bengal Florican in the list of ‘migratory species threatened with extinction’, under the CMS-COP 13.
The Ministry of Environment, Forest and Climate Change (MoEFCC) has recently unveiled a draft Visionary Perspective Plan (2020-2030), for conserving the bird species and their eco-systems.

Notes:
European countries witnessed a devastating storm named ‘Ciara’, which caused huge damage and killed as many as six people. The hurricane-force winds and heavy rains damaged several thousand buildings in the region.
The storm moved on near Germany, after hitting Britain and Ireland. It was called as ‘Ciara’ by the Irish weather service and dubbed as ‘Sabine’ in Germany. Flood warnings are given and flight operations are suspended in the countries.

Notes:
The Competition Commission of India (CCI) has recently approved the formation of Joint Venture (JV) between Mahindra & Mahindra and Ford Motor and the transfer of automotive business of Ford India to the JV.
The new venture to be formed would acquire the automotive business of Ford India Pvt Ltd (FIPL), which is a wholly-owned subsidiary of Ford Motor company. The automotive business includes manufacturing plants of Ford India in Chennai and Sanand (Gujarat).

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.