Current Affairs Quiz - February, 2020

Notes:
The annual event called Udyanotsav, during which the Mughal Gardens at Rashtrapati Bhavan will be opened for the general public, was inaugurated by the Indian President Ram Nath Kovind.
The gardens will remain open for the public till March 8, 2020 between 10:00 AM to 4:00 PM. The gardens are to be closed only on Mondays for maintenance works. The unique Mughal Gardens of the official residence of the President comprises of several exotic flowers and bulbous flowers like Narcissus, Dahlia, Sparaxis. Visitors can walk-in directly or use the online booking facility to visit the Gardens.

Notes:
Delhi Transport Corporation (DTC), the public transporter of Delhi, has been conferred with the Road Safety Award 2018-19 in the urban category for the lowest rate of accidents.
The Director of DTC received the award from the Union Road Transport and Highways, Nitin Gadkari. The award was presented during the 3rd Edition of International Conference and Exhibition on Public Transport Innovation (ICEPTI) 2020, which was organised at New Delhi. The award carries a trophy and a cheque of Rs. 1 Lakh.

Notes:
The Union Cabinet has granted approval to Alliance Air to fly between India and Sri Lanka, by waiving the rule that an airline needs to own minimum 20 aircrafts to operate internationally.
Alliance Air, which is a 100 per cent subsidiary of Air India, has five years of experience but does not have 20 aircrafts. A special exemption is allowed for the interim period, until the airline deploys the higher among- a minimum of 20 aircraft or 20 per cent of total capacity. There was no commercial operation scheduled from Palaly and Batticaloa airports of Sri Lanka, before this approval.

Notes:
The Prince of Britain, Charles has recently unveiled a new children’s protection fund for India. This fund is a part of the charity founded by him in 2007, the British Asian Trust. The trust was founded to fight poverty in South Asia.
Noted American singer Katy Perry was named as the ambassador of the new fund. The Protection fund will focus on reducing the exploitation of children by 50 per cent in India over 10 years. The Children’s Protection Fund will primarily cover child sexual abuse, child labour and trafficking. School safety nets are also proposed to be aet up through child-friendly village models.

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:
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:
Ministry of Coal (MoC) has recently launched a web portal for star rating of coal mines. Under the portal, all operational coal mines across the country will be enabled for self-rating. The mines will be subsequently validated by Coal Controller’s Organization (CCO), the subordinate office of Ministry of Coal.
The mechanism on the portal would award star rating to the mines with certain evaluation parameters under 7 modules.

Notes:
The 33-year-old cricket star of Australia, David Warner won the Allan Border medal of Cricket Australia, for being the Player of the year.
He had been suspended in 2018 for ball-tampering. This is Warner’s third award after he won the coveted award in 2016 and 2017. He was also named the T20 player of the year. Women’s all-rounder Ellyse Perry won the Belinda Clark award.

Notes:
The United States Trade Representative’s (USTR’s) office has recently classified India as a developed economy and it is ineligible for GSP benefits from the US.
The Generalized System of Preferences (GSP) scheme offers a lower tariff to the exporters of a select group of developing countries. India is the largest beneficiary nation under the GSP, which enjoyed a tariff-free access to the US, till last June.

Notes:
National Productivity Council (NPC) is an institution for propagating productivity movement in India, which functions under the Department for Promotion of Industry and Internal Trade (DPIIT), Union Ministry of Commerce and Industry.
The formation of National Productivity Council is being celebrated annually as Productivity Day (12th February) and following seven days as Productivity Week (12th – 18th February). The organisation conducts various events throughout the week for promoting productivity.