Current Affairs Quiz - February, 2021

Notes:
According to the performance index compiled by the Sydney-based Lowy Institute, New Zealand handled the pandemic the most effectively.
India is ranked 86th in the index comprising 98 countries, which measures several key indicators including confirmed cases, deaths, cases per million people and deaths per million people. New Zealand is followed by Vietnam and Taiwan while Brazil is the worst performing country.

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:
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 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:
On 30th Jan 1948, Mahatma Gandhi was assassinated by Nathuram Godse in the year 1948. On this day, India observes Martyrs Day or Shaheed Diwas, to pay homage to Mahatma Gandhi and all martyrs who sacrificed their life for the nation’s freedom.
The 73rd death anniversary of Mahatma Gandhi was observed as Martyrs’ Day recently.

Notes:
The FDI limit in Indian insurance companies increased to 74% in 2021. The Insurance Act, 1938 was amended to permit up to 100% foreign direct investment from February 5, 2026. Foreign investors and FPIs can now collectively own 100 percent equity in Indian insurance companies, according to the Sabka Bima Sabki Raksha Act, operative from February 2026. This act ended all previous sectoral FDI cap restrictions.

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:
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:
The founder of the Indian multinational Software company Zoho, Sridhar Vembu has been appointed to the National Security Advisory Board (NSAB). Padma Shri
The board is led by National Security Advisor (NSA) Ajit Doval. Other new members are former ISRO Chairman K Radhakrishnan, academic member Anshuman Tripathy and former ambassador Arun K Singh.