Current Affairs Quiz - February, 2020

Notes:
The US Chamber of Commerce Global Innovation Policy Centre (GIPC) recently released the latest edition of International intellectual property index. In the list, India is ranked 40, with a score of 38.46%, higher than the last year’s score.
India was placed at 36th rank in the last year’s list, which ranked 50 countries across the world. This year the Centre included 53 economies. The United States, the United Kingdom, Sweden, France and Germany retained their positions and were placed at the top five spots in the intellectual property index list.

Notes:
During the on-going exhibition DefExpo-2020, an MoU was signed between Hindustan Aeronautics Limited and Israel’s Elbit Systems, for joint development of an unmanned aerial vehicle (UAV).
The agreement aims at analysing the feasibility of developing an UAV, which performs vertical take-off and landing, for maritime and land-based military operations. The proposed UAV will cut down the huge costs associated with maintenance of manned helicopters. The vehicles with greater potential, will also be more efficient in military operations. The Indian armed forces could deploy them for operating in unsafe areas or for surveillance missions.

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:
Top media agency of India, GroupM recently revealed that India would become the 8th-largest global advertising market in 2020. This is two places higher than the previous year’s rank.
It also estimates the overall size of India’s advertising market to be 13.2 billion (Rs 94,000 crore), which is 10.7 per cent growth from the last year, when the overall size was 11.9 billion (Rs 84,917 crore). The first place was bagged by the United States with a huge lead from the rest of the countries, followed by China and Japan.

Notes:
The fifth edition of the India-Russia Military Industrial Conference was recently organised in the northern Indian city, Lucknow. The Conference was organised on the sidelines of the biennial Defence exhibition DefExpo 2020.
As many as 14 MoUs related to production of different defence equipment, radar systems, ASW Rocket launchers and 3D modeling were signed between the companies from India and Russia. Among several Indian companies, the prominent ones which signed the agreements were BHEL, Bharat Dynamics Limited and Vista control.

Notes:
The Administrative Council under the chairmanship of Lt Governor G C Murmu recently approved the renaming of the state’s Public Health Engineering, Irrigation and Flood Control Department as the ‘Jal Shakti Department’.
The council also approved the implementation of the Jal Jeevan Mission and the strategy to achieve 100 per cent coverage of piped water supply across the UT, by December 2021. It was also proposed to set up a Mission Directorate of Jal Jeevan Mission for implementation of the scheme. Seven districts of the UT would be covered for 100 per cent piped water supply by June 2020, in the initial phase.

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 Department of telecommunications (DoT) recently approved the merger of consumer mobile operations of the Tata group with Bharti Airtel.
During the month of October 2017, the Tata group announced that the company would sell its consumer mobile business to Bharti Airtel. After nearly two years of their plan, the final approval has been granted by DoT. Airtel has acquired Tata’s mobile phone operations across the country in 19 circles across the country. This merger would expand the spectrum availability and 4G coverage of Bharti Airtel.

Notes:
Lucknow Declaration was adopted by the first ever India-Africa Defence Ministers conclave as a part of the 11TH DefExpo. In this Defexpo, 1024 exhibitors participated, 172 of them being foreign companies. 40 Defence Ministers were part of total 70 foreign delegations that visited Lucknow. The event was also called “Defence Kumbh” by UP’s Chief Minister.

Notes:
The state government of Kerala has recently unveiled a scheme to establish hotels to provide meals at subsidised rates called ‘Kudumbashree’ hotels. The announcement was made during the presentation of state’s budget.
The hotels are to be set up in in each of the 1034 local bodies and Kerala meals is to be available at a subsidised price of Rs 25. Kudumbashree is an initiative of the state government for poverty eradication and women empowerment.