Current Affairs Quiz - February, 2021

Notes:
The corruption perception index (CPI) for the year 2020 has been released recently by Transparency International (TI). The index uses a scale of 0 to 100 to rate countries, where 0 is highly corrupt and 100 is very clean.
India slipped six places and has been ranked at 86th position out of 180 countries.

Notes:
The Germany-based think tank Germanwatch has recently released Climate Risk Index (CRI) 2021. The index ranks countries as per their vulnerability to climate risks both in terms of fatalities and economic losses
As per the report, India is the 7th worst-hit country on account of extreme weather events in the year 2019.

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:
According to the World Health Organization (WHO), India has the highest number of new cases of leprosy in the world annually.
India is followed by Brazil and Indonesia in the largest number of cases. In India, more new cases are reported from the rural belts of Bihar, Lakshadweep, Dadra and Nagar Haveli. January 31 is observed as World Leprosy Day.

Notes:
As per the Union Budget 2021-22, the threshold for paid up capital applicable for Small Companies has been revised from “not exceeding Rs 50 lakh” to “not exceeding Rs 2 crore”.
This enhancement in capital limit is expected to benefit more than 2 lakh small companies and would ease various compliance requirements for them.

Notes:
As per the latest Budget presented by the Union Finance Minister, the Fiscal Deficit of our economy is estimated at 9.5% of GDP for the current financial year. The same is expected to be at 6.8% of GDP for FY 2021-22.
The budget estimate of expenditure for next FY (2021-22) is Rs.34.83 lakh crore.

Notes:
Union Finance Minister Nirmala Sitharaman announced in her Budget speech that a “Deep Ocean Mission” will be launched.
A budget outlay of more than Rs 4,000 crore has been announced over five years. This programme will undertake deep ocean survey exploration. It also includes projects to conserve deep-sea biodiversity.

Notes:
Tech major Google has launched a new initiative named ‘Startup School’ to train start-up founders and their teams across the Asia Pacific region.
It is a virtual programme which provides a series of free virtual courses for start-up founders and their teams. Courses on digital marketing, product knowledge and business strategy would be the focus areas.

Notes:
The Commonwealth Human Rights Initiative (CHRI) is an independent and international non-governmental organisation which works towards the realisation of human rights in the Commonwealth countries.
The Commonwealth Human Rights Initiative has recently issued a statement calling for the withdrawal of sedition cases file against journalists in India. It also sought the repealing of sedition and criminal defamation laws.

Notes:
The Supreme Court has directed Franklin Templeton Mutual Fund to distribute Rs 9,122 crore to unitholders of the six schemes that were shut by the company in April 2020.
SBI Mutual Fund has been directed to carry out the process of disbursement. Franklin Templeton has been mandated to distribute the said money within twenty days from the date of order.