Current Affairs Quiz - January, 2020

Notes:
The Department of Agriculture of the state of Maharashtra has seamlessly integrated the state’s land records with the web portal of Pradhan Mantri Fasal Bima Yojana (PMFBY). It is the first state in the country to perform such linkage.
After the records are linked online, the farmers are required to provide only their Aadhar number, details of bank and the land records, during the process of insuring crops. The process which is implemented during the current rabi season, is expected to improve efficiency and transparency of the system.

Notes:
The Chief Minister of Gujarat, Vijay Rupani recently announced that a new centre for fostering innovation among the children would be set up in the state of Gujarat. It is named as the Vikram Sarabhai Children Innovation Centre.
The announcement was made during the Children Innovation Festival held at Gandhinagar, Gujarat. This festival was organised by the Gujarat University’s start up council, GUSEC in association with UNICEF. During the event, a letter of intent was also exchanged between the Gujarat University and UNICEF.

Notes:
India’s country’s largest public sector bank, State Bank of India has announced a ‘residential builder finance with buyer guarantee’ (RBBG) scheme. It aims at giving a push to residential sales and improve homebuyers’ confidence. Under this scheme, SBI will issue a guarantee for completion of select residential projects to customers who have availed home loans from it. The scheme will focus on affordable housing projects priced up to 2.50 crore rupee in 10 cities initially.

Notes:
Vishva Hindi Divas or World Hindi day is celebrated every year on January 10. The day is celebrate to commemorate the First World Hindi Conference, which was held from January 10 to January 12, 1975, at Nagpur.The first Hindi Conference was inaugurated by the then Prime Minister of India, Indira Gandhi. Subsequent conferences were held in various countries including the USA, South Africa, UK, Mauritius.
The first World Hindi day was observed on January 10, 2006. The Day aims to promote Hindi language around the world.

Notes:
The Father of Green Revolution Dr M S Swaminathan is chosen as the recipient of ‘Muppavarapu Venkaiah Naidu National Award for Excellence’. This award is instituted by the Muppavarapu Foundation based at Hyderabad. Eminent Agricultural Scientist and plant geneticist, M.S. Swaminathan is awarded for his contributions towards the field of agriculture.
This award was presented during the 10th Anniversary Celebrations of Muppavarapu Foundation in Hyderabad by the Vice President of India, Venkiah Naidu.

Notes:
Eminent social worker, Dr. Gutta Muniratnam was chosen as the first recipient of ‘Muppavarapu National Award for Social Service’’. The announcement was made during the 10th Anniversary celebration of the foundation. The award was instituted by the Swarna Bharat Trust.
Dr. Gutta Muniratnam is a former member of the National Planning Commission of India and the founder of an NGO named ‘Rashtriya Seva Samithi’ serving the villages of Andhra Pradesh and Telangana. G. Muniratnam is also a Padma Shri awardee.

Notes:
The Economist Intelligence Unit (EIU) has released a chart of world’s fastest growing cities based on the data provided by the United Nation’s Population Division. Malappuram, a city of Northern Kerala topped the list. Two other cities of Kerala, Kozhikode and Kollam were ranked 4th and 10th respectively.
As per the report, Malappuram has recorded 44% rise in population between 2015 and 2020. In the report, three Kerala cities were in the top 10 list while six Indian cities were placed in the top 30 list.

Notes:
The Reserve Bank of India recently allowed video-based authentication as an alternative method to the e-KYC (Know-your-customer) norms. The video-based KYC authentication was proposed by the Expert Committee on Micro, Small and Medium Enterprises, headed by the former SEBI Chairman UK Sinha.
The Reserve Bank accepted the recommendations and amended its KYC norms to include Video based Customer Identification Process (V-CIP). The bank also announced that the video verification will be Aadhar-based and the user can display his documents via a video chat.

Notes:
HDFC and its subsidiary HDFC ERGO has got approvals the Competition Commission of India (CCI) , the Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority of India (IRDAI) for acquiring a majority stake in Apollo Munich. HDFC acquired 50.80 % stake of Apollo Hospitals Group in Apollo Munich for ₹1485 crore
It was also announced that after the acquisition, Apollo Munich Health Insurance Co Ltd has been renamed as HDFC ERGO Health Insurance Ltd and will operate as a subsidiary of HDFC.

Notes:
The World Future Energy Summit recently began in Abu Dhabi. The summit is the largest future energy and sustainability event of the Middle East Region, which is held annually at the National Exhibition Centre of Abu Dhabi.
The theme for the 2020 edition of the summit is “Rethinking Global Consumption, Production, and Investment”. The event is to be held for four days and several thousand participants and exhibitors from across the world are expected to take part in it. The Climate Innovations Exchange and the Future Sustainability Summit are also organised along with this event.