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:
The UN counterterrorism chief has urged countries to repatriate the children stranded in a massive camp in Al Hol.
Out of the 27,000 abandoned children, many of them are children of Islamic State extremists. Al Hol camp is the largest camp for refugees and displaced Syrians in the country, located in the north-eastern Syria.

Notes:
The Union Budget 2021-22 contain that the permissible Foreign Direct Investment (FDI) limit in Insurance Companies would be increased from 49% to 74%. Foreign ownership with safeguard would be allowed in this segment.
Insurance Act of 1938 would be amended to make effect to the proposed hike in FDI limit.

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.

Notes:
Elon Musk’s SpaceX has announced the launch of its first all civilian mission to space. The mission will be the first all-commercial astronaut mission to the orbit.
Named as Inspiration4, the mission is to be launched using the flagship vehicle of SpaceX, the Falcon 9. Expected to be launched by the end of 2021, it is a charity-focused mission commanded by the entrepreneur Jared Isaacman.

Notes:
The Post Graduate Institute of Medical Education & Research, Chandigarh has launched the first Amputee clinic of India.
The ‘PGI Amputee Clinic’ aims to provide social, mental and physical support to its patients. It also aims to provide complete amputation patient care and provide medical care and rehabilitation of amputees who cannot afford the cost.

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:
The Chief Minister of Delhi Arvind Kejriwal launched a campaign called ‘Switch Delhi’. This is aimed to promote use of electric vehicles and the CM has appealed to the public to use electric vehicles to curb air pollution in the national capital.
It is also stated that, the Government of Delhi will hire only electric vehicles for various purposes in the next six weeks.

Notes:
In the 2020 Democracy Index’s global ranking released by the Economist Intelligence Unit, India has slipped two positions and stood at 53rd position.
India’s score has declined from 7.92 in 2014 to 6.61 in 2020 and its ranking fell from 27 in 2014 to 53 in 2020.