Current Affairs Quiz - January, 2020

Notes:
Academy award winning American actress Renee Zellweger won the ‘Best Actor in a Motion Picture – Drama’ award in the Golden Globe awards 2020. With this year’s award, Zellweger has been presented with the coveted Golden Globe awards for the fourth time. In the biopic film ‘Judy’, she had played the critically acclaimed role of Judy Garland. She had earlier won the Academy award for best supporting actress for her role in the movie titled ‘Cold Mountain’.

Notes:
The subsidiary of National Stock Exchange, NSE Academy recently launched a learning platform named ‘NSE Learning Hub’. This platform is powered by Artificial Intelligence and it is designed to help the Banking and Finance sector in improving the skills of the employees. Union Minister Piyush Goyal launched the platform along with the MD and CEO of National Stock Exchange, Vikram Limaye. The technical experts will use this platform to transfer their financial knowledge to others in the field.

Notes:
The Government of Puerto Rico recently declared a state of emergency, after it was hit by a deadly earthquake. The 6.4 magnitude quake was the strongest and the most devastating earthquake, the country has ever had for hundred years.
Puerto Rico is a group of islands located in the Caribbean Sea. It is one of the unincorporated territories of the United States. The capital city and the largest city of the country is San Juan.

Notes:
The Director General of Indian Council of Agricultural Research (ICAR) recently announced that the ‘Farmers’ Innovation Fund’ would be set by next financial year. The announcement was made during the Farmers’ Science Congress, the first of its kind event, organised as a part of the National Science Congress.
He announced that an innovation centre would be established in New Delhi, which would assist the farmers in their research and would authenticate the innovations of the farmers. At present, the Krishi Vigyan Kendras record the innovations of farmers.

Notes:
Supreme Court recently asked the Centre to consider the deployment of the Central Industrial Security Force (CISF) to guard the various courts in India — taking over the job of securing the courts from the local police forces.

Notes:
In first week of January, 2020 the government has released the first advance estimates of gross domestic product (GDP) growth for 2019-20. The economy will grow at 5% this year, a massive downgrade from the 7% projected by the Economic Survey last year and much lower than the 6.8% growth in the previous year.

Notes:
MILAN is a multilateral naval exercise, which is scheduled to be held at Vishakhapatnam in March 2020. The event was previously planned at Andaman and Nicobar Islands and then has been changed to Vishakhapatnam as navies from many countries are participating in the event.
Nearly 30 international navies have confirmed their participation in the event. The theme of the exercise is “Synergy Across the Seas”. This event would help the navies to have professional discussions and learn the best practices in the naval arena across the world.

Notes:
The World Bank has recently released its ‘January 2020 Global Economic Prospects report’. The GDP growth of India for FY20 is estimated to be 5%. The GDP growth for the year 2021-22 is also lowered to 5.8% in the report.
The credit instability of the weak Non-Banking Finance Companies (NBFCs) is cited to be the reason for the downgrade. Recently the Reserve Bank of India and the Central Statistical Office of the country also lowered the growth rate to 5% for this fiscal year.

Notes:
The Reserve Bank of India (RBI) recently released a report titled ‘National Strategy for Financial Inclusion’.
The report suggested that along with formal banking outlets, payment banks, small finance banks, cooperative banks and non-banking units like fair price shops should also practice digital banking. The Regulator directed the banks to increase the outlets in all villages and hilly areas by March 2020. The report also suggested to make the Public Credit Registry (PCR) fully functional by 2022.

Notes:
The ‘State Energy Efficiency Index 2019’ was developed by the Bureau of Energy Efficiency (BEE) in association with the Alliance for an Energy Efficient Economy. The index was prepared based on efforts and achievements of states towards implementation of energy efficiency.
Haryana, Karnataka and Kerala have topped this year’s index and are placed in the ‘Achievers’ category. On the basis of Total Primary Energy Supply (TPES) required to meet the state’s actual energy demand, Karnataka, Haryana, Himachal Pradesh and Puducherry topped their groups.