Current Affairs Quiz - February, 2020

Notes:
The Union Finance Minister Nirmala Sitharaman announced a dispute resolution scheme for direct taxes in the recent Union Budget 2020-21.
Under the proposed scheme, the taxpayers whose tax demands are locked in any dispute in any of the forums can pay their due taxes by March 31, 2020. By paying it before the deadline, the taxpayer can get complete waiver of interest and penalty. With an additional 10 per cent, he can pay up to June 30. The Finance Minister recently introduced the ‘Vivad se Vishwas’ bill in the parliament. Last year, a scheme for dispute resolution for indirect taxes called ‘Sabka Vishwas’ was launched.

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:
International Day of Zero Tolerance for Female Genital Mutilation is observed annually on February 6, across the world. Genital Mutilation, or altering the female genitalia for non-medical reasons is prevalent in 30 countries in Africa the Middle East and other parts of the world.
In 2012, the UN General Assembly designated February 6th as the International Day of Zero Tolerance for Female Genital Mutilation and the UN works for the complete eradication of the practice by 2030. United Nations Population Fund, jointly with UNICEF, holds a global programme to eliminate the practice.

Notes:
High Energy Materials Research Laboratory (HEMRL) is a laboratory of the Defence Research and Development Organisation (DRDO). Head-quartered in Pune, it conducts research in the area of High Energy Materials and Explosive materials.
Recently, the lab has tied up with the Russian state military organisation Rosoboronexport to import new technologies for the development of high energy materials required for missiles, rockets and guns. A technology development contract was signed with the organisation in this regard.

Notes:
Alternaria brassicae is a fungus that causes blight in the Mustard and Rapeseed crops. Yield in a field infected by fungus Alternaria brassicae can come down by as much as by 47 per cent, if remedial measures are not taken.

Notes:
Chief national badminton coach Pullela Gopichand has received an honourable mention in the male category of the prestigious 2019 International Olympic Committee’s Coaches Lifetime Achievement Award in recognition of the role he played in the development of the game in the country.

Notes:
The Marine Products Export Development Authority (MPEDA) was established in 1972, by an act of Parliament, to act as the nodal agency for the development of Indian seafood industry. It is head-quartered at Kochi.
Recently, MPEDA announced that it is to start the upgradation and modernisation 25 fishing harbours in the country. The project is to be undertaken with the assistance from the Centre
at a proposed outlay of Rs 2500 crore.

Notes:
Renowned writer and academician Giriraj Kishore passed away recently. The Gandhian writer was 82-years-old. He was also the recipient of the prestigious civilian award ‘Padma Shri’.
The famous literary works of Giriraj Kishore include ‘Pahla Girmitiya’ and ‘Dhaai Ghar’. A recipient of ‘Sahitya Samman’, he was also a former member of the Sahitya Academy working committee.

Notes:
The South Korean film Parasite created history at the 2020 Oscars, by being the first film not in the English language to win the coveted award. It won a total of four Oscars, including best picture, best director, best screenplay and best international feature.
This is also the first film to have won both international feature and best picture at the Oscars, in its history. Joaquin Phoenix and Renee Zellweger won the award for best actor and actress respectively.

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”.