Current Affairs Quiz - February, 2020

Notes:
Leading Private lender of India, ICICI Bank recently launched a unique self-service delivery facility called ‘iBox’. Using this facility, the customers of the bank can avail various banking services including- collecting their debit card, credit card, cheque from a nearby branch.
The ‘iBox’ terminals are to be placed outside the premises of the branches, which can be accessed even after office hours. The customer will get an SMS about the status of the package through a completely automated process. These products can be collected by the customers at the time of their choice, on all days including holidays.

Notes:
Maldives officially re-joined the Commonwealth on February 1, 2020 and became the 54th member of the Commonwealth Union.
The President of Maldives, Ibrahim Mohamed Solih had applied for re-joining the bloc in December 2018. The country has been admitted after the official assessment and consultations made by the organisation. The country is set be a part of the Commonwealth Heads of Government Meeting in Rwanda, to be held in June 2020. Maldives joined the Commonwealth in 1982 and withdrew its membership in the year 2016.

Notes:
The state government of Karnataka has recently launched a scheme called ‘Janasevaka’ to home-deliver various government services to citizens. The scheme ensures the delivery of ration cards, senior citizen identity and health cards at the door steps of citizens.
The newly launched scheme is a part of the ‘Sakala’ scheme of the state and will cover as many as 53 services of 11 state departments. The scheme was first implemented in Dasarahalli area on a pilot basis and will be extended to other regions. Subsequently, the scheme would be made operational in Bengaluru, Mysuru, Mangaluru and Hubballi-Dharwad.

Notes:
The 15th East Asia Summit conference of the year 2020 is set to be organised by India, in the southern city of Chennai, Tamil Nadu. The conference will mainly focus on co-operation in maritime security and challenges in maritime domain.
During the 14th East Asia Summit (EAS) in Bangkok in November 2019, the Indian Prime Minister announced that the Indian Ministry of External Affairs (MEA) would organise the next EAS conference, in partnership with the governments of Australia and Indonesia. As announced, the EAS Conference on Maritime Security Cooperation would be held in Chennai from February 6-7, 2020. This is the fourth EAS conference organised by India.

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:
A German cybersecurity firm called Greenbone Sustainable Resilience recently published a report on medical data leaks. It revealed that the medical details of more than 120 million Indian patients have been leaked and made available on the Internet.
The state of Maharashtra is placed at the top of the list of states that are affected by the data leak, followed by Karnataka and West Bengal. It also classifies countries in three categories of good, bad and ugly, based on the action taken by the governments after its first report was released. India is placed second in the ugly category.

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:
The Union Cabinet recently approved the Indian Institutes of Information Technology (IIITs) Laws (Amendment) Bill, 2020, to confer the status of Institution of National Importance (INI) to five Indian Institutes of Information Technology (IIITs).
The Five IIITs in Public-Private-Partnership mode at Surat, Bhopal, Bhagalpur, Agartala and Raichur are to conferred with the INI status. After the status has been granted, the institutions would be able to award degrees and to use the nomenclature of Bachelor of Technology (BTech) or Master of Technology (MTech) or PhD degree. The existing 15 IIITs had already been provided with the INI status.

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.