Current Affairs Quiz - February, 2020

Notes:
Baltic Dry index tracking freight rates for world’s largest cargo ships recently plunged into negative territory due to coronovirus.

Notes:
The Chief Minister of Haryana Manohar Lal has recently launched Mukhyamantri Parivar Samridhi Yojana. Under this scheme, an annual financial assistance of Rs 6000 is to be provided to the families in the State, whose annual income is up to Rs 1.80 lakh and who own land below 5 acres.
This ensures that the premiums for various welfare schemes of the Central Government, pension scheme and crop insurance are paid automatically from the bank accounts of the needy families.

Notes:
The state government of Haryana has launched an initiative called ‘Reading Mission- Haryana’. The initiative was launched to encourage reading habit among the young students of the state.
The scheme is on the lines of the ‘Reading Mission 2022’, launched by the central government. Under the state’s initiative, monthly book review sessions and mass book reading are to be organised by students in educational institutions.

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 2nd Seven-nation BIMSTEC Disaster Management Exercise, 2020 was recently inaugurated at Bhubaneswar, the capital city of Odisha by its Chief Minister Naveen Patnaik.
The Exercise is hosted by the National Disaster Response Force (NDRF) as the nodal agency. The theme of the exercise is- “Response to a cultural heritage site that suffers severe damage in an earthquake” & “Response to a Cultural Heritage site that is affected by flooding or storm surge”.

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:
Veteran Indian journalist Nandu R Kulkarni recently passed away at Mumbai. A resident of Mumbai, the 70-year-old journalist was the Mumbai bureau chief of the Daily newspaper, ‘The Statesman’.
He started his career with ‘The Indian Express’ in 1976 and worked with the group for nearly 16 years. Nandu then joined ‘The Statesman’ in 1992 as the bureau chief. He covered a wide range of fields including politics and business and was known for his reports on economic offences.

Notes:
Union Minister of Health and Union Minister of HRD jointly launched the School Health and Wellness Ambassador initiative under Ayushman Bharat scheme. Under the initiative, two teachers in every school will be designated ‘Health and wellness ambassador’ to create awareness about health issues.
The programme will be implemented in 200 districts, initially and will be linked with other government schemes including Fit India movement, Eat Right campaign, Poshan Abhiyaan.

Notes:
The Union Cabinet approved the amendment of the Direct Tax Vivad se Vishwas Bill, 2020, so that it also covers the litigations pending in debt recovery tribunals (DRTs) across the country. The scheme can be availed in search and seizure procedures, where the recovery is up to ₹5 crore.
Vivad se Vishwas Bill, 2020 is aimed at providing resolution of disputed direct taxes. More than ₹9-lakh crore of direct taxes is pending in litigation in India.

Notes:
The captain of Indian men’s team Manpreet Singh was recently named ‘Player of the Year for 2019’, by the International Hockey Federation (FIH).
Manpreet became the first Indian to win the prestigious award since its introduction in 1999. Manpreet Singh successfully led India to victories in FIH Series Finals and FIH Olympic Qualifiers in 2019. He has recently completed 250 international matches for India during the FIH Men’s Hockey Series Finals 2019.