Current Affairs Quiz - February, 2020

Notes:
Union Defence Minister Rajnath Singh inaugurated the third Defence Attaches conference at New Delhi. He also announced that India is set to have 10 more Defence Attaches in 10 different countries.
This creation of additional 10 defence wings will strengthen the defence diplomacy of the country and help in increasing exports in defence sector. Under the central government scheme of promoting defence exports, funds are allocated for export through Defence attaches to 34 countries.

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:
Fitch Ratings recently released its forecast for India’s economic growth for the next financial year. It estimated a growth rate of 5.6 per cent, which is lower than the 6-6.5 per cent growth rate, as projected by the Indian government in its recent Economic survey 2019-20.
The agency also stated that the Union budget recently presented did not alter its view towards the growth prospects of the country. The agency has affirmed the ‘BBB- rating’ to India, last December. The government has missed its fiscal deficit targets for the previous year and the target for the next year is furthermore relaxed to 3.8%.

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:
The state government of Karnataka has recently launched a scheme called ‘Janasevaka’ to home-deliver various government services to citizens. The scheme ensures the delivery of ration cards, senior citizen identity and health cards at the door steps of citizens.
The newly launched scheme is a part of the ‘Sakala’ scheme of the state and will cover as many as 53 services of 11 state departments. The scheme was first implemented in Dasarahalli area on a pilot basis and will be extended to other regions. Subsequently, the scheme would be made operational in Bengaluru, Mysuru, Mangaluru and Hubballi-Dharwad.

Notes:
The biennial Defence exhibition of India, ‘DefExpo’ was recently inaugurated at Lucknow, Uttar Pradesh by the Indian Prime Minister Narendra Modi. The Uttar Pradesh Chief Minister also attended the inaugural programme.
A live demonstration of naval systems, aerial systems and land systems was performed during the ceremony. The main theme of the DefExpo 2020 is ‘India: The Emerging Defence Manufacturing Hub’ and the focus will be on ‘Digital Transformation of Defence’. The five-day-exhibition is to be attended by delegates and military manufacturers from more than 70 countries. The fifth India-Russia Military Industry Conference is also to be held on the side-lines of the event.

Notes:
A German cybersecurity firm called Greenbone Sustainable Resilience recently published a report on medical data leaks. It revealed that the medical details of more than 120 million Indian patients have been leaked and made available on the Internet.
The state of Maharashtra is placed at the top of the list of states that are affected by the data leak, followed by Karnataka and West Bengal. It also classifies countries in three categories of good, bad and ugly, based on the action taken by the governments after its first report was released. India is placed second in the ugly category.

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:
The first ever India-Africa Defence Ministers’ Conclave was recently held in the city of Lucknow, during the 11th edition of the biennial defence exhibition DefExpo 2020.
The Defence Ministers and Heads of Delegation from African countries and the Defence Minister of India jointly held the first India Africa Defence Ministers’ Conclave. The Conclave adopted the Lucknow Declaration. Chief of Defence Staff General Bipin Rawat, Chiefs of all the three services were also present in the event. Prior to this, during the third India-Africa Forum Summit (26-30 October 2015), the Delhi Declaration was adopted.

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.