Current Affairs Quiz - January, 2020

Notes:
The 12th edition of the ‘Naseem-Al-Bahr’ bilateral exercise between the navies of India and Oman is to be held in Goa. The exercise is held once in every two years between Indian Navy and the Royal Navy of Oman since 1993.The previous edition of the exercise was held in December 2017 in Muscat, Oman.
Recently, two naval ships of the Oman Navy arrived in Goa, while the Indian Navy ships Beas and Subhadra will participate in the exercise.

Notes:
Former Indian Cricketer Krishnamachari Srikkanth is selected for the prestigious ‘C K Nayudu Lifetime Achievement Award’, presented by the National Cricket Board of India, BCCI. The famous cricketer from Tamil Nadu represented India from 1981 to 1992.
The other cricketer who is also to be presented with the award is Anjum Chopra, former Captain of Indian women’s cricket team. The awards will be presented at the BCCI Annual awards function, to be held in Mumbai, on January 12, 2020.

Notes:
The 31st edition of the International Kite Festival was inaugurated in Ahmedabad by the Chief Minister of Gujarat and the Governor of the state. Ahmedabad has been the official host of the festival since 1989.
Several kite makers and enthusiasts all over the world will participate in the festival to display and fly their kite creations. The festival is organised as a part of the ‘Uttarayan’ celebrations of the state of Gujarat. The festival is expected to boost the tourism sector of the state.

Notes:
The State Bank of India’s economic research department has lowered its projection for the GDP growth rate of India for FY 20 to 4.6%. Earlier it has projected the GDP rate to be 5%.
The research department also estimated that the GDP of India would be below 6% for two successive years. The CSO also recently estimated the GDP growth of FY20 to be 5%, in lines with the Reserve Bank of India. But the RBI projected 5.9 – 6.3% growth rate for the next fiscal.

Notes:
As per statement of Lok Sabha Speaker, India will mark 75th anniversary of the country in 2022 and in same year parliament session will be held in the new building. The existing Parliament House Building has completed 92 glorious years after it was made functional in 1927.

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 Union Ministry of Steel is to launch a program called ‘Purvodaya-Accelerated Development of Eastern Region through an Integrated Steel hub’. The Union Minister for Steel and Petroleum & Natural Gas, Dharmendra Pradhan will launch the program.
The Eastern states of India such as Odisha, Jharkhand, Chhattisgarh, West Bengal and Northern Andhra Pradesh possess a huge share of reserves but lag in development. This proposed Integrated Steel Hub in the Eastern region would lead to an inclusive socio-economic development in the region.

Notes:
The 23rd National Youth Festival is to be organised by the Ministry of Youth Affairs and Sports in Lucknow from January 12 to 16, 2020, in association with the Uttar Pradesh Government. The festival is celebrated to commemorate the birth anniversary of Swami Vivekananda.
Every year, the birthday of the famous Indian monk from Kolkata, Swami Vivekananda is celebrated as the National Youth day on January 12 and the week commencing from the day as the National Youth week. During the youth festival, several competitions are held for the youth and National Youth awards are also presented.

Notes:
The Global political risk consultancy, Eurasia Group recently released the list of ‘Top Risks 2020’ ranking the biggest geo-political risks of the world. In the list, India under the Modi Government is placed as the 5th biggest risk. Ian Bremmer and Cliff Kupchan of Eurasia name it as ‘India gets Modi-fied’
The group releases the ‘Top Risks’ list every year in the month of January. This year, the top three risks in the list are unstable US domestic politics under President Donald Trump, Separation of US and China in the technology sphere, and unfriendly US-China relations.

Notes:
The famous Indian entrepreneur and co-founder of Flipkart, Sachin Bansal recently acquired the DHFL General Insurance company. He bought the company from the Wadhawan Group of companies for ₹100 crore.
The acquisition is done through the investment firm named ‘Navi technologies’, which was founded by Sachin Bansal along with his IIT batchmate, after quitting Flipkart. The microfinance arm of Navi Technologies, Chaitanya India Fin Credit Pvt. Ltd (CIFCPL), has recently applied for a universal banking licence from the Reserve Bank of India (RBI).