Current Affairs Quiz - February, 2021

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:
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:
China is the largest producer of silk, in the world. It is followed by India in the second place. India is the only country in the world which produces all four major varieties of silk namely – Mulberry, Eri, Tassar, and Muga.
Recently, the Textiles Minister Smriti Irani inaugurated India’s biggest silk fair, the 8th India International Silk Fair. It is held on the virtual platform of Indian Silk Export Promotion Council.

Notes:
As per the Union Budget 2020-21, the government would be incentivizing the incorporation of One Person Companies (OPC) in order to boost the ease of doing business.
The Government has reduced the time limit for Indian citizen to start an OPC from 182 days to 120 days. This move allows NRIs to incorporate OPCs in India.

Notes:
Amazon has moved the Delhi High Court against Future Retail for selling its retail assets to Reliance Retail.
Amazon alleges that the ₹24,713 crore worth Future-Reliance deal violates its own contract with the Future Group. The Delhi High Court asked Future retail to maintain status quo. Earlier the Singapore Arbitration gave the Emergency Arbitrator (EA) award in favour of Amazon.

Notes:
A team of researchers have discovered a new gecko species in the state of Arunachal Pradesh.
The new species belongs to the genus Cyrtodactylus also known as bent-toed geckos. The species was named as Cyrtodactylus arunachalensis after the state of Arunachal Pradesh, in which it was discovered.

Notes:
The Kaliveli Lake is a coastal lake and a wet land, situated in Villupuram District of Tamil Nadu. The lake is near the Bay of Bengal and is the second-largest brackish water lake in Southern India after the lake Pulicat.
The district administration has recently issued the first declaration under the Wildlife Protection Act, 1972, to declare the wetlands as a bird sanctuary.

Notes:
India hosted the Indian Ocean Region (IOR) Defence Ministers’ Conclave on February 4, 2021 on the side-lines of Aero India 2021 event.
The broad theme of the conclave is ‘Enhanced Peace, Security and Cooperation in the Indian Ocean’. During the conclave, India announced that it is ready to supply missile systems, LCA and other weapons systems to the countries in Indian Ocean Region.

Notes:
The Additional Director of the Central Bureau of Investigation (CBI), Praveen Sinha has been appointed as the acting chief of CBI.
He is a 1988-batch Gujarat cadre IPS officer. After Rishi Kumar Shukla who retired recently, the acting Chief has been appointed till a decision on a New Director is taken. This is the third time in last five years that an interim chief will head CBI.

Notes:
As per the recent notification of the World Health Organisation, Breast cancer is now the world’s most commonly diagnosed cancer.
Earlier, Lung cancer was the most commonly diagnosed. According to statistics released by the International Agency for Research on Cancer (IARC), one out of every six deaths in the total 10 million deaths in 2020 was due to Cancer.