Current Affairs Quiz - February, 2021

Notes:
India conducted the 5th Act East Forum (AEF) meet with Japan and both the countries reviewed progress of various ongoing projects in the North-eastern region.
India’s ‘Act East Policy’ and Japan’s vision for a ‘Free and Open Indo-Pacific’ are realised through the Act East Forum, which also provides a collaborative platform in the North Eastern Region. The meeting was co-chaired by Foreign Secretary Harsh Vardhan Shringla.

Notes:
The Indian construction major L&T Construction, has bagged the contract for building 28 steel bridges for Mumbai and Ahmedabad bullet train project.
The order costs about Rs.1000 crore to Rs.2500 crore. It involves procurement, fabrication, assembly and erection of bridges at various sites in the line. This project has been bagged as a consortium of L&T and Japan’s IHI Infrastructure Systems.

Notes:
The National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 is to be introduced in the Budget session.
The government is set up a National Bank for Financing Infrastructure and Development (NaBFID), which will facilitate the infrastructure financing of the country. The developmental financial institution (DFI) will act as a principal financial institution and development bank to support infrastructure projects.

Notes:
Former chairman of the Telecom Regulatory Authority of India (TRAI), RS Sharma is appointed as the new Chief Executive Officer of National Health Authority (NHA).
He is to replace Indu Bhushan after his three-year term. NHA is responsible for implementing the public health insurance scheme ‘Ayushman Bharat’ or Pradhan Mantri Jan Arogya Yojana. Sharma is also the Chairperson of an empowered committee on Co-WIN platform.

Notes:
The Indian Government is to introduce a bill in Parliament to ban all private cryptocurrencies and create a sovereign digital currency by the Reserve Bank of India.
The bill is to allow certain exceptions to promote the underlying technology of cryptocurrency and its uses. A legislative framework on official digital currency is also expected to be created.

Notes:
As per a recent research published in the journal “Nature”, the number of shark and ray in Indian ocean have declined by 84.7% and has been falling continuously since 1970.
The research noted that oceanic sharks and rays worldwide has fallen by 71% since the last 50 years. Also, 24 out of 31 oceanic shark and ray species are presently classified as vulnerable, endangered or critically endangered on the IUCN Red List.

Notes:
Bangladesh has sent a third group of Rohingya refugees to Bhashan Char Island, which is a newly developed island in the Bay of Bengal.
Around 4,000 refugees have been sent to the island since December. After the third set of 1,778 refugees, the fourth set is also expected to be sent soon. There have been several calls from human rights activists against resettlement of refugees in the island.

Notes:
The Government of India has decided to add 14 new minor forest produce items under the “mechanism for marketing of minor forest (MFP) produce through a minimum support price (MSP)” scheme.
This is aimed to provide remunerative and fair prices for tribal gatherers. The additional items include bamboo shoot, Tasar cocoon, elephant apple, wind dry mushroom etc.

Notes:
In the Union Budget 2021-22, Finance Minister Nirmala Sitharaman announced a scheme of Mega Investment Textiles Parks (MITRA).
The scheme is to be launched in addition to the Production Linked Incentive (PLI) scheme. It aims to help the industry become competitive, attract investments and boost employment generation. Under the scheme, 7 Textile Parks will be established over 3 years.

Notes:
The Oxford group has selected ‘Aatmanirbharta’ as the Oxford Hindi word of 2020. In Hindi language, it means self-reliance.
Previous Hindi words of the year selected by Oxford are ‘Aadhar’ (2017), ‘Nari Shakti’ (2018) and ‘Samvidhaan’ (2019). Following the prime minister’s address, there was a significant increase in the usage of ‘aatmanirbharta’ following the Prime minister’s address.