Current Affairs Quiz - February, 2021

Notes:
Union Minister of Health & Family Welfare addressed the event on Restoring Cross Border Mobility, through video conference.
The event was organised by World Economic Forum’s Common Trust Network, to discuss the policies and partnerships required to reopen borders and enable essential travel, tourism and commerce in a safe and sustainable method.

Notes:
The Budget Session of Parliament recently began with the address of President Ram Nath Kovind to the joint sitting of both Houses of Parliament.
During the address, the President mentioned that the ‘Amrut Mahotsav’ will be observed in the country from this year, to mark commencement of the celebrations towards the 75th year of India’s Independence.

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:
The Ministry of Corporate Affairs (MCA) has recently introduced several changes to the Corporate Social Responsibility (CSR) Rules.
It includes mandatory “Impact Assessment” for big CSR projects. It also includes mandatory disclosure of all CSR projects and the CSR Committee’s composition on the company’s website.

Notes:
Sandro Botticelli, was an Italian painter, who lived from 1445 to 1510 in Florence, Italy. He is said to be an important artist who have contributed to Florentine painting period.
Recently, one of his rare portraits, the “Young Man Holding a Roundel” was sold for USD 92.2 million (equivalent to Rs 6,722 million) at an auction held at Sotheby’s in New York. This also made a world record auction for any work by the Italian artist.

Notes:
Former chairman of the Telecom Regulatory Authority of India (TRAI), RS Sharma is appointed as the new Chief Executive Officer of National Health Authority (NHA).
He is to replace Indu Bhushan after his three-year term. NHA is responsible for implementing the public health insurance scheme ‘Ayushman Bharat’ or Pradhan Mantri Jan Arogya Yojana. Sharma is also the Chairperson of an empowered committee on Co-WIN platform.

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:
The Reserve Bank of India has recently announced a framework to strengthen the grievance redress mechanism in Banks. The framework mandates all banks (excluding regional rural banks) to have enhanced disclosures on complaints.
This move of Reserve Bank comes at the back drop of increase in customer complaints in the banking industry in the recent years.

Notes:
Bangladesh has sent a third group of Rohingya refugees to Bhashan Char Island, which is a newly developed island in the Bay of Bengal.
Around 4,000 refugees have been sent to the island since December. After the third set of 1,778 refugees, the fourth set is also expected to be sent soon. There have been several calls from human rights activists against resettlement of refugees in the island.

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.