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 Economist Intelligence Unit (EIU) has recently released an index named “’Asia-Pacific Personalised Health Index”.
India has ranked 10th out of 11 Asia Pacific countries in the index. This index measures the readiness of 11 countries – Australia, China, Japan, India, Indonesia, Malaysia, Singapore, South Korea, Taiwan, Thailand and New Zealand in adopting personalised healthcare.

Notes:
The National Statistical Office (NSO) recently released its revised national account data. As per the data, the economic growth rate for 2019-20 was revised downwards to 4 per cent.
The decrease from the previous estimate of 4.2 per cent was mainly due to contraction in secondary sectors like manufacturing and construction. Real GDP growth of 2018-19 is estimated at 6.5 per cent, against the 6.1 per cent revealed in January estimate.

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 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:
Kerala Chief Minister Pinarayi Vijayan inaugurated the ‘Kerala Looks Ahead,’ a three-day virtual global conclave.
The conference aims to frame the roadmap for long-term development of the state by reaping opinions from top economists, industry leaders and administrators. Star speakers include Nobel laureate Amartya Sen, WHO Scientist Soumya Swaminathan and top industry leaders.

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 global rating agency Moody’s has estimated India’s nominal economic growth at 17% for the next financial year 2021-22.
The firm said that the 2021-22 budget presented recently in the Parliament has a focus on higher capital expenditure, financial sector reforms and asset sales. These measures are expected to stimulate growth.