Current Affairs Quiz - February, 2021

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:
Uttar Pradesh’s tableau at this year’s Republic Day parade in New Delhi was adjudged the best and awarded by Union minister Kiren Rijiju.
The theme of Uttar Pradesh’s tableau depicting the Ram Temple was “Ayodhya: Cultural Heritage of Uttar Pradesh”. Department of Biotechnology is the best tableau among the Central Ministries, departments, the CAPF and other auxiliary forces.

Notes:
The China National Nuclear Corporation has stated that it has begun commercial electricity production from its “Hualong One unit” which are the third-generation pressurised water nuclear reactors of the country.
The reactor constructed for more than five years at Fuqing in Fujian province was first connected to the grid in November.

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:
The Union Budget 2021-22 contain that the permissible Foreign Direct Investment (FDI) limit in Insurance Companies would be increased from 49% to 74%. Foreign ownership with safeguard would be allowed in this segment.
Insurance Act of 1938 would be amended to make effect to the proposed hike in FDI limit.

Notes:
In the recent Union Budget, the Finance Minister announced that all social security benefits will be extended to gig and platform workers.
Minimum wages will be ensured to all categories of workers. All those workers will also be covered by the Employees State Insurance Corporation (ESIC). She also announced that women will be allowed to work in all categories and in the night-shifts with adequate protection.

Notes:
Amazon has moved the Delhi High Court against Future Retail for selling its retail assets to Reliance Retail.
Amazon alleges that the ₹24,713 crore worth Future-Reliance deal violates its own contract with the Future Group. The Delhi High Court asked Future retail to maintain status quo. Earlier the Singapore Arbitration gave the Emergency Arbitrator (EA) award in favour of Amazon.

Notes:
The Union Jal Shakti Ministry has recently launched a unified portal on the ‘Gobardhan’ scheme. The portal aims to monitor the progress made under the scheme.
The Gobardhan scheme was launched by the Government of India to manage cattle and biodegradable waste and also help enhance farmers’ income. It is being implemented under the Swachch Bharat Mission Grameen-Phase 2.

Notes:
India’s Foreign portfolio investment (FPIs) has reached a new height as the net FPI in Indian equities crossed the mark of $31.7 billion, during the current financial year.
This is the highest investment in a financial year since FY 2012-23, in India. During that year, India recorded a net FPO inflow of $25.8 billion.

Notes:
World Cancer Day is being observed on February 4 from 2000, when it was first established at the ‘World Cancer Summit Against Cancer for the New Millennium’ in Paris.
It was on the same day, the ‘Charter of Paris Against Cancer’ was signed by the General Director of UNESCO and then French President. The theme of the Cancer Day is ‘I Am and I Will’, which is being continued since 2019.