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:
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:
Minister of State for Labour Santosh Gangwar recently announced that the government is conducting a new Periodic Labour Force Survey (PLFS). The survey conducted this year comprises of new parameters and bigger sample size.
As per the results of the PLFS survey being conducted by the government, the Unemployment rate in the country in 2017-18 was 6.1 per cent. The labour force participation in the country in the same time period was found to be 36.9 per cent. The Minister also announced that the new survey conducted through the Ministry of Statistics provides more authentic data.

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:
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:
Ministry of Corporate Affairs is replacing the existing SPICe (Simplified Proforma for Incorporating Company Electronically) form with a new web form called SPICe+. The existing form, which is used for reservation of name, company incorporation, DIN allotment, and application for PAN/TAN, in its new avatar, would offer 10 services by three central government ministries and departments.

Notes:
The Nutan International Theatre Festival (NITF) began on Feb 1 in Jammu and has veen a big it. This is first time in history of Jammu & Kashmir that a theatre festival of international repute was organized here.

Notes:
Belum cave system is the largest cave system open to the public on Indian subcontinent extending about 3,229 meters. It is located in Kurnool District of Andhra Pradesh. The recently concluded Belum Caves festival promoted the caves system.

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.