Current Affairs Quiz - February, 2021

Notes:
‘STARS’ stand for Strengthening Teaching-Learning and Results for States. It is a project of the Union Ministry of Education for improving the quality of education in six selected states.
The total project cost of project is Rs 5718 crore with the financial support of World Bank amounting to approximately Rs. 3700 crore. Recently, the agreement for the financial support of the project was signed with World Bank.

Notes:
The cabinet of Government of Tamil Nadu, has approved new investments in the state amounting Rs.52,257 crores. This includes investment by Tata Electronics amounting Rs.5,763 crores, for manufacture of mobile phone components. These investments are expected to generate over 93,935 jobs in the state.
The state’s cabinet has also cleared the Tamil Nadu Industrial Policy 2021.

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:
In this year’s Syed Mushtaq Ali Trophy T20 cricket tournament held at Ahmedabad, Tamil Nadu team defeated Baroda to win the trophy title. Last year Tamil Nadu lost the trophy against Karnataka.
During this year’s tournament, Tamil Nadu remained un beaten till the final match. At the finals, the team chased Baroda’s modest score of 120, with 2 overs and 7 wickets remaining.

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 Reserve Bank of India (RBI) has appointed an external professional IT firm to carry out a special audit of the entire IT infrastructure of the bank
Earlier, the RBI had penalised the HDFC bank for repeated service failures in internet banking, mobile banking, and payment utilities. This step has been taken by the RBI using the powers conferred under the Banking regulation act, 1949.

Notes:
The Maharashtra Chief Minister Uddhav Thackeray launched a scheme to provide financial assistance to start-ups for filing IT patents.
Under the new scheme, around 125-150 start-ups will be supported in the first phase of the scheme with the financial assistance of Rs 2 lakh to Rs 10 lakh. The state will also provide up to ₹2 lakh for quality testing and certification for the ideas of the start-ups.

Notes:
India’s apex rights body NCPCR – National Commission for Protection of Child Rights has identified 50 “religious places” for complete elimination of child labour.
These places include Taj Mahal and Shri Ram Janmabhoomi in Ayodhya. The commission has stated that collaborative intervention would be made with stakeholders including child welfare police officers, anti-human trafficking unit etc in this regard.

Notes:
The Union Ministry of Commerce and Industries, has organized a series of sector specific webinar named Udyog Manthan. This is organized in association with Quality Council of India and supported by Bureau of Indian Standards, CII, FICCI and ASSOCHAM.
The webinar has a focus on quality and productivity in all major sectors of manufacturing and services.

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.