Current Affairs Quiz - February, 2021

Notes:
Olympus Mons is the largest volcano in the solar system present in the planet of Mars. It is a large shield volcano, which is over two times the height of Mount Everest above sea level.
The UAE’s “Hope” Mars probe sent back its first image of Mars, after the spacecraft successfully entered the planet’s orbit. The probe recently captured the Olympus Mons volcano, taken from an altitude of 24,700 kilometres above the Martian surface.

Notes:
Arribada is a term used to describe the mass migration of sea turtles, where large groups of females assemble at a nesting site on the beach.
Recently, the Olive Ridley turtles have started laying eggs in the beach in this nesting season. The nesting season which usually begins in November was delayed by a few weeks this year, due to changes in climate conditions due to the cyclones Nivar and Burevi.

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:
The Jagannath Temple Management Committee, has recently approved a Rs 800-crore heritage corridor project. This project aims to revamp and redevelop the temple and is surrounding areas.
The Lord Jagannath Temple is an important 12th century temple located in Puri, Odisha. The temple was built by the King Anantavarman Chodaganga of Ganga dynasty.

Notes:
The state government of Tamil Nadu has recently launched its new Industrial Policy 2021-2025. It was unveiled by the Chief Minister Edappadi.K.Palaniswami.
The policy aims to attract investment investments worth over ₹10-lakh crore by 2025. Also, it aims to achieve 15% annual growth rate in manufacturing sector.

Notes:
The high-level meeting chaired by Union Communications minister Ravi Shankar Prasad announced that a Digital Intelligence Unit (DIU) will be set up.
It will address the matters regarding Unsolicited Commercial Communication (UCC) and financial frauds done through mobile phones. The Ministry would also set up a web/mobile application and SMS-based system for redressal mechanism.

Notes:
The Securities and Exchange Board of India (SEBI) eased the listing norms for large companies in the Initial Public Offering (IPO).
It announced that large companies can now divest a minimum 5 per cent in the IPO, instead of 10 per cent. The companies also get five years, as agaisnt three years to raise the public float to 25 per cent.

Notes:
India-Singapore CEO Forum was recently organised by the Department for Promotion of Industry and Internal Trade (DPIIT) and FICCI.
The India-Singapore CEO Forum was launched in November 2018. Union Minister Piyush Goyal addressed the forum and expressed that both the countries can work together in areas such as e-commerce, fintech, smart manufacturing and healthcare.

Notes:
The resolution plan for the dent ridden Dewan Housing Finance Ltd (DHFL), submitted by Piramal Capital and Housing Finance has been recently approved by the Reserve Bank of India.
In 2019, RBI referred the case of DHFL to National Companies Law Tribunal (NCLT). The committee of creditors (CoC) had earlier in January approved the plan submitted by Piramal Capital.

Notes:
Larsen & Toubro (L&T) has built and delivered the 100th K9 Vajra tracked self-propelled howitzer. This is the last howitzer of the contract awarded in 2017.
This system has been built with technology transfer from South Korean defence major Hanwha Defense. The howitzer was flagged off at the Indian Army’s armoured system complex at Hazira in Gujarat.