Current Affairs Quiz - February, 2021

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 Kerala state Government announced that it is set to launch an initiative, to set up and modernise mini-museums.
This project is spearheaded by Keralam Museum, an organisation which builds and modernises museums. The state has also launched the ‘District Heritage Museum’ and aspires to be a museum hub of the country.

Notes:
Uttar Pradesh chief minister Yogi Adityanath inaugurated the Abhyudaya scheme. It aims to provide coaching facilities to the interested candidates for competitive exams like NEET and IIT-JEE.
This scheme would provide facilities similar to that of Kota and Prayagraj to those in other parts of the state who are not able to avail those services. Over 50,000 students are selected under the scheme.

Notes:
The Reserve Bank of India releases data on the measures of the credit and deposit of banks across the country.
In the latest edition of the data, Bank credit grew 5.93 per cent to Rs 107.05 lakh crore, while deposits rose 11.06 per cent to Rs 147.98 lakh crore. During the first nine months of the current fiscal year, bank credit rose by 3.2 per cent and deposits by 8.5 per cent.

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:
The Union Cabinet has approved signing of the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius.
This is the first trade Agreement to be signed by India with any country in Africa. The agreement aims to liberalise norms covering Rules of Origin, Technical Barriers to Trade (TBT), Sanitary and Phytosanitary (SPS) measures, Dispute Settlement, Telecom, Financial services and Customs Procedures among others.

Notes:
While addressing a high-level meeting of the UN Security Council, United Nations chief Antonio Guterres said 130 countries have not received a single dose of vaccine.
As only 10 countries have administered 75 per cent of all vaccinations, the UN slammed the uneven and unequitable distribution of coronavirus vaccines. He also called for a global effort to get all people vaccinated as soon as possible.

Notes:
The Indian Space Research Organisation (ISRO) and the Australian Space Agency signed an amendment to the Memorandum of Understanding, for space cooperation with Australia.
The Comprehensive Strategic Partnership between the two countries was announced by Prime Minister Narendra Modi and Australian Prime Minister Scott Morrison last year.

Notes:
External Affairs S. Jaishankar participated in a virtual ministerial meeting of the Quad, which is a group of four countries: India, United States, Japan and Australia.
The Quad association was revived in the year 2017, to tackle the aggression of China and enhance the strength of the Indo-Pacific regions. President Joe Biden has reiterated the US commitment for the same issue.