Current Affairs Quiz - February, 2021

Notes:
The Council of Scientific and Industrial Research (CSIR) has signed an MoU with the Union Territory of Ladakh.
The purpose of the MoU is to establish knowledge partnership between the Ladakh UT and CSIR, focussing on the areas such as bioresource utilization, introduction of cash crops and exploration of natural resources.

Notes:
As per a recent report by Alvarez & Marsal India, as at September 2020, it took an average of 440 days for resolving 277 cases approved by the NCLT under the IBC.
The report stressed on the need for time-bound resolution of stressed assets and enhancing the resolution processes under Insolvency and Bankruptcy code as recovery percentages fell sharply to 15-25 % whenever there is an increase in time taken for resolution.

Notes:
The state government of Rajasthan has recently reduced value-added tax (VAT) by two percent on petrol and diesel. This has relaxed the fuel prices in the state. Recently, the price of premium petrol price crossed Rs.100 in the state.
Petrol, Diesel and other fuels in India have been kept outside the ambit of Goods and Services Tax (GST). Presently, the state governments determine the VAT on these fuels.

Notes:
Union External Affairs Minister S Jai Shankar recently delivered his virtual keynote address at the All-India Conference of China Studies.
During the conference, he proposed Eight Guiding principles to repair the strained relations of India with China. He also highlighted the disturbance in their ties due to the stand-off at Ladakh sector of the Line of Actual Control (LAC).

Notes:
Swami Vivekananda started the ‘Prabuddha Bharata’, a monthly journal of the Ramakrishna order in 1896, to spread the message of India’s spiritual knowledge.
Prime Minister Narendra Modi addressed the 125th Anniversary celebrations of ‘Prabuddha Bharata’ organized by Advaita Ashrama in Uttarakhand. It is the place of publication of the journal. Several leaders like Netaji Subhas Chandra Bose, Bal Gangadhar Tilak, and Sri Aurobindo have contributed to the journal.

Notes:
The BCCI has decided to conduct Vijay Hazare Trophy in place of its first-class domestic tournament Ranji Trophy.
BCCI has stated that the decision has been made as per the wishes of majority of the state units. Additionally, BCCI would also be hosting U-19 National One Day tournament for the Vinoo Mankad Trophy and a Women’s national 50-over tournament.

Notes:
Leprosy, also known as Hansen’s disease, is an infectious disease caused by a bacillus Mycobacterium leprae. It is named after the Norwegian physician Gerhard Armauer Hansen, who identified the bacterium.
World Leprosy Day is celebrated on the last Sunday of January every year to increase awareness on the disease. In India, the day is being observed on January 30 this year, on the death anniversary of Mahatma Gandhi.

Notes:
The ‘Neptune Declaration on Seafarer Wellbeing and Crew Change’, is a declaration released by the global maritime industry recently.
The declaration focusses on recognising seafarers as key workers by all governments in line with the UNGA resolution adopted recently. The Maritime Union of India (MUI) urged the Centre to consider the declaration while formulating ‘Maritime India Vision 2030’.

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:
Anders Antonsen of Denmark won the men’s singles final at badminton World Tour held in Bangkok recently. In the final match, he defeated Viktor Axelsen of Denmark.
The tournament is hosted by Thailand in a bio secure coronavirus bubble. The tournament contained no spectators, to guard against the pandemic.