Current Affairs Quiz - February, 2021

Notes:
The Reserve Bank of India has imposed restrictions on withdrawals from Independence Co-operative Bank Limited, Nashik.
This step has been taken for six months due to the bank’s present liquidity position. As per the RBI, the restrictions will remain in force for a period of six months. This restriction has been imposed by the RBI on the provision of Banking Regulation Act, 1949.

Notes:
Science and Engineering Research Board (SERB) is a statutory body of the Department of Science and Technology (DST), Ministry of Science and Technology.
On the International Day of Women and Girls in Science, four young women fellows of National Science Academies have been awarded the SERB Women Excellence Award. The award includes a grant of Rs. 15 lakhs for three years to pursue their research ideas.

Notes:
Chittaura Jheel or Chittaura Lake is situated in Uttar Pradesh. A river named Teri Nadi originates from this lake. It is known for many migratory birds during August – October months. It is also an important Hindu Pilgrimage site in the state.
Prime Minster Narendra Modi is scheduled to inaugurate the development works of the Chittaura Lake.

Notes:
Prime Minister Narendra Modi dedicated Bharat Petroleum’s Propylene Derivatives petrochemical complex at Kochi Refinery.
The Rs 6,000 crore worth Propylene Derivative Petrochemical Project (PDPP) will produce Acrylic Acid, Oxo-Alcohol and Acrylates, which are mainly imported in India. He also inaugurated the Ro-Ro vessels of Inland Waterways Authority in Kochi, Kerala

Notes:
As per the press release issued by the Indian Embassy, India is to provide Nepalese Rupee 142 million to Nepal for the restoration and conservation of three cultural heritage sites.
These projects are being implemented under USD 50 million grant assistance committed by India earlier. The three sites in the Kathmandu Valley include Seto Machindranath Temple, construction of Dharamshala at Budhaneelkantha and conservation of Kumari Home.

Notes:
Union Finance Ministry is set to infuse Rs 3,000 crore capital into state-owned general insurance companies, during the current quarter.
The cabinet decided to increase the authorised share capital of National Insurance Company Limited (NICL) to Rs 7,500 crore and that of United India Insurance Company Limited (UIICL) and Oriental Insurance Company Limited (OICL) to Rs 5,000 crore each.

Notes:
The Department of Science and Technology has announced major changes to India’s mapping policy. This step aims to enable the Indian companies access to modern mapping technologies.
As per the guidelines released by the Science and Technology Ministry, there are no restrictions for acquiring and producing geospatial data and geospatial data services including maps.

Notes:
India off-spinner Ravichandran Ashwin became the first player in the 143-year history of Test cricket to take 200 wickets against left-handed batsmen.
He achieved the feat during the second day of India’s second Test against England at the MA Chidambaram Stadium, Chennai. With 391 wickets, he is also the second highest wicket taker in the country.

Notes:
Indian Origin investment and development banker Preeti Sinha has been appointed as the Executive Secretary of UN Capital Development Fund.
It is an organisation that provides micro finance access to Least Developed Countries (LDCs). It is headquartered in New York.

Notes:
Theodore Baskaran, a leading Writer, historian, naturalist, and activist has been awarded with the Sanctuary Nature Foundation’s “Sanctuary Lifetime Service Award 2020”.
This award has been conferred upon him for his dedicated works in wildlife conservation and for his writings in Tamil – English regarding the same.