Current Affairs Quiz - February, 2020

Notes:
Leading Indian fin-tech start-up company Paytm has recently launched a point-of-sale (POS) device for smaller merchants. The device would accept payments through cash, Paytm wallet, debit and credit cards and Unified Payments Interface (UPI) apps.
It is an android-based all-in-one device, which will help the smaller merchants, road-side shop-keepers in handling digital money. Good and Services Tax (GST) compliant bills can also be generated through the ‘Paytm for Business’ app. The device was launched jointly by the founder and CEO Vijay Shekhar Sharma and co-founder Nandan Nilekani.

Notes:
Fitch Ratings recently released its forecast for India’s economic growth for the next financial year. It estimated a growth rate of 5.6 per cent, which is lower than the 6-6.5 per cent growth rate, as projected by the Indian government in its recent Economic survey 2019-20.
The agency also stated that the Union budget recently presented did not alter its view towards the growth prospects of the country. The agency has affirmed the ‘BBB- rating’ to India, last December. The government has missed its fiscal deficit targets for the previous year and the target for the next year is furthermore relaxed to 3.8%.

Notes:
India’s leading woman Tennis player Ankita Raina won the women’s singles title in the $25,000 ITF Thailand Championship. This is her first ITF singles title of the season and 10th of her sport career.
The 27-year-old third-seeded Ankita Raina beat Chloe Paquet of France 6-3, 7-5 in the summit clash, to clinch the title. Ankita had also won the doubles title of the tournament, along with Bibiane Schoofs of the Netherlands. Earlier this year, she had also reached the semi-finals at another $25000 event in Canberra.

Notes:
The biennial Defence exhibition of India, ‘DefExpo’ was recently inaugurated at Lucknow, Uttar Pradesh by the Indian Prime Minister Narendra Modi. The Uttar Pradesh Chief Minister also attended the inaugural programme.
A live demonstration of naval systems, aerial systems and land systems was performed during the ceremony. The main theme of the DefExpo 2020 is ‘India: The Emerging Defence Manufacturing Hub’ and the focus will be on ‘Digital Transformation of Defence’. The five-day-exhibition is to be attended by delegates and military manufacturers from more than 70 countries. The fifth India-Russia Military Industry Conference is also to be held on the side-lines of the event.

Notes:
The four-day National Horticultural Fair, which is the country’s biggest horticultural fair is set to be organised at the Hessarghatta campus of the Indian Institute of Horticultural Research (IIHR), Bengaluru.
Indian Institute of Horticultural Research organises the national-level fair, which is scheduled to be held from February 5 to 8, 2020. The theme of this year’s fair is ‘Making farming an enterprise’. More than 50,000 farmers from various States of the country are expected to take part in the exhibition. Several crop varieties, horticultural technologies and practices are to be showcased in the fair.

Notes:
The Pink City of India, Jaipur was formally certified as a World Heritage site by the Director General of UNESCO, Audrey Azoulay. The World Heritage City certificate was presented at a ceremony held at the historic Albert Hall of Jaipur.
It was also announced that UNESCO would collaborate with the Tourism department of Rajasthan Government to promote tourism sector in Western Rajasthan. The walled city of Jaipur was named as a UNESCO World Heritage site in July 2019, at the 43rd Session of the UNESCO World Heritage Committee in the city of Baku, Azerbaijan.

Notes:
The city of Kochi, Kerala hosts the 22nd India International Seafood Show, after a gap of 12 years. The three-day seafood show has been inaugurated by the Governor of Kerala, Arif Mohammed Khan on February 7,2020.
The event will provide a platform for collaboration of the exporters and importers of the country’s marine products and seafood industry. The theme of the programme is ‘Blue Revolution: Beyond production to value addition’. Marine Product Export Development Authority (MPEDA) organises the event in association with Seafood Exporters’ Association of India.

Notes:
Ministry of Corporate Affairs is replacing the existing SPICe (Simplified Proforma for Incorporating Company Electronically) form with a new web form called SPICe+. The existing form, which is used for reservation of name, company incorporation, DIN allotment, and application for PAN/TAN, in its new avatar, would offer 10 services by three central government ministries and departments.

Notes:
23rd edition of the two day annual National Conference on e-Governance recently concluded in Mumbai. Its focus was on improving delivery of public services by promoting use of digital platforms. During the event, Blockchain Sandbox – Maharashtra was also launched. Mumbai Declaration on e-Governance was also unanimously adopted on the concluding day.

Notes:
M.J. Akbar’s new book “Gandhi’s Hinduism – The Struggle Against Jinnah’s Islam” chronicles the endgame that led to the partition of the subcontinent in 1947 and the creation of Pakistan.