Current Affairs Quiz - February, 2020

Notes:
The United Arab Emirates (UAE) recently announced that it has discovered a new natural gas field with 80 trillion standard cubic feet of shallow gas resources. The new gas field was named ‘Jebel Ali gas field’.
The field is located between the territories of Dubai and Abu Dhabi and reported to span around 5,000 square kilometres. This discovery would help the country become more energy independent, and self-sufficient. As of now, the UAE imports natural gas from its neighbouring country Qatar for electricity. The National Oil companies of Dubai and Abu Dhabi are set to further explore the field.

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 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:
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:
India’s leading defence PSU Bharat Electronics Ltd (BEL) has recently signed a Memorandum of Understanding (MoU) with RailTel Corporation of India for mutual co-operation in the fields of Cloud Services, IoT, e-Governance and Networks for Defence projects.
BEL also signed an agreement with a Bengaluru-based start-up, Newspace & Research Technologies Limited (NRT), for co-operation in design, testing and supply of Unmanned Systems. The PSU also partnered with Bharat Heavy Electricals Ltd (BHEL) to develop and market products for defence and non-defence applications. All the agreements were inked during the ongoing defence exhibition-DefExpo 2020, at Lucknow.

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:
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.

Notes:
The first cultural festival called ‘Jerusalem-Mumbai Festival’ is set to be hosted by India, in Mumbai, Maharashtra. The festival is celebrated to promote the ties between India and Israel.
This is the first such joint event for Jerusalem in an Asian city. The two-day festival commences on February 15 and comprises of several art and cultural events to showcase the tradition of both countries.

Notes:
The World Health Organisation (WHO) recently announced that the deadly virus outbreak from China will be officially called as “COVID-19”.
The official name was announced to avoid references of particular geographic locations, species of animals or group of people. It has earlier named the virus as “2019-nCoV acute respiratory disease”, temporarily. In the official name, ‘CO’ stands for “corona”, ‘VI’ for “virus” and ‘D’ for “disease”, while ‘19’ denotes the year.

Notes:
The National Water Conference, 2020 was recently held in the city of Bhopal, the capital of Madhya Pradesh. It was inaugurated by the Chief Minister of the state, Kamal Nath.
Several renowned water experts from across the country, including ‘the Water Man of India’ Rajendra Singh, participated in the conference and discussed issues of water crisis. Discussions were also held in topics of traditional water sources, river restoration and right to water.