Current Affairs Quiz - February, 2020

Notes:
In the recent Monetary policy committee statement released by the Reserve Bank of India, it extended the deadline for one-time restructuring of GST-registered MSME borrower account to December 31,2020. The restructuring was to be implemented before March 31, 2020, as per the RBI’s earlier guidelines. It also announced that scheduled commercial banks can deduct the credit disbursed as retail loans for automobiles, housing and MSME loans from their net demand and time liabilities (NDTL) for CRR maintenance.

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:
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:
Leading car-maker Ford recently inaugurated its technology and innovation centre in the southern Indian city, Chennai. The Centre was inaugurated by the Chief Minister of Tamil Nadu, Edapadi K Palaniswami along with the President and MD of Ford India.
The centre spanning over 15,000 sq. ft, is located at the Global Technology and Business Centre (GTBC) campus of Ford, in the Special Economic Zone of the city. The Centre has several state-of-the -art facilities including Mobility Experience Lab. It also has simulations for the Office Raid, an application-based mobility solution of Ford.

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:
Pranash is the name of India’s 200-km strike range tactical ballistic missile which is currently under development by DRDO. This missile is advanced version of the 150-km strike range Prahar missile. Pranash will be a surface-to- surface ballistic missile and will be used by Air Force and Army.

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.

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Raad-500 is a short-range ballistic missile recently unveiled by Iran. It can be powered by a “new generation” of engines designed to put satellites into orbit.

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The South African country Botswana has the largest elephant population in the world. Recently, the country was seen in news as it auctioned licenses to hunt elephants, to tackle human-animal conflict.
In the capital city of the country Gaborone, the licenses to hunt 70 elephants were said to be auctioned. The government had lifted the ban on hunting, which was prevalent for five years.

Notes:
The National Deworming Day was recently observed across the country on February 10. All children and adolescent boys and girls in all states and Union Territories, who are in the age group of 1 to 19 years are given a single dose of the medicine called Albendazole.
The day is observed with an aim of deworming children and adolescents to reduce the occurrence of parasitic worms in intestine. It is observed under the supervision of the Union Ministry of Health and Family welfare.