Current Affairs Quiz - February, 2020

Notes:
The Union Cabinet of India recently approved amendments to the Banking Regulation Act, which will bring multi-state cooperative banks under the regulation of the Reserve Bank of India.
This amendment in regulation is expected to prevent malpractices in the co-operative banks and ensure better regulation. The administrative role of the banks will be managed by the cooperative registrars. This decision is taken at the backdrop of the collapse of Punjab and Maharashtra Co-operative (PMC) Bank last year. The banks would also be audited according to the norms stipulated by RBI.

Notes:
The Union Finance Minister Nirmala Sitharaman announced a dispute resolution scheme for direct taxes in the recent Union Budget 2020-21.
Under the proposed scheme, the taxpayers whose tax demands are locked in any dispute in any of the forums can pay their due taxes by March 31, 2020. By paying it before the deadline, the taxpayer can get complete waiver of interest and penalty. With an additional 10 per cent, he can pay up to June 30. The Finance Minister recently introduced the ‘Vivad se Vishwas’ bill in the parliament. Last year, a scheme for dispute resolution for indirect taxes called ‘Sabka Vishwas’ was launched.

Notes:
Indian President Ramnath Govind recently conferred the International Gandhi Awards for Leprosy on Dr N.S. Dharmashaktu under the Indian nomination (individual) category. Dr N.S. Dharmashaktu was the former Principal adviser (Public health), Ministry of Health and family welfare.
The Leprosy Mission Trust was presented the award under the institutional category. The President also announced that India has accomplished the level of leprosy elimination which is defined as less than one case per ten thousand population.

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:
International Day of Zero Tolerance for Female Genital Mutilation is observed annually on February 6, across the world. Genital Mutilation, or altering the female genitalia for non-medical reasons is prevalent in 30 countries in Africa the Middle East and other parts of the world.
In 2012, the UN General Assembly designated February 6th as the International Day of Zero Tolerance for Female Genital Mutilation and the UN works for the complete eradication of the practice by 2030. United Nations Population Fund, jointly with UNICEF, holds a global programme to eliminate the practice.

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:
Indian cueist Aditya Mehta was seen in news recently as he won the National Snooker Championship, held at Pune. He represented the Petroleum Sports Promotion Board (PSPB) and defeated the 22-time-world champion Pankaj Advani 6-2 to win the title. Pankaj recently won the National Billiards Championship.
Vidya Pillai of Karnataka clinched the women’s snooker title, by beating Amee Kamani of Madhya Pradesh.

Notes:
The fifth edition of joint military exercise ‘Ajeya Warrior’ between India and the United Kingdom will be conducted at Salisbury Plains, United Kingdom. The exercise is scheduled from February 13 to 26, 2020.
120 soldiers each from Indian and United Kingdom Army would participate in the exercise. The joint military exercise has been conducted alternatively in United Kingdom and India. The training will be held with emphasis on counter-terror operations in urban and semi-urban areas.

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.

Notes:
The state government of Uttar Pradesh has recently launched toll-free helpline numbers for students. This initiative is aimed at solving queries of students ahead of the Board Examinations.
A senior officer of Uttar Pradesh Madhyamik Shiksha Parishad is designated as Nodal Officer of the initiative. Several academicians and experts of different subjects will be made available on call, to resolve the doubts of students.