Current Affairs Quiz - February, 2021

Notes:
The Indian Navy and IIT Delhi has recently signed an MoU on research in underwater domain of Naval Electronic Systems.
The key technologies for Navy in underwater electronics have been developed by the Centre for Applied Research in Electronics (CARE) at IIT Delhi since 1970s.

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:
The Department of Science and Technology of India has reported that Indian astronomers have detected huge optical flare in BL Lacertae.
BL Lacertae is a feeding super massive black hole or blazar. The analysis of this old astronomical object may help to trace the mass of the black hole and the source of this emission.

Notes:
50-year-old British human rights lawyer Karim Khan has been elected as the new chief prosecutor of the International Criminal Court by its member countries.
He is set to commence his 9-year term from June this year. He is very much known for the UN investigations made into the crimes by the Islamic State.

Notes:
Union Textile Minister Smriti Irani rolled out the commercial Jute seed distribution scheme. The productive variant of Jute seeds will help enhance the income of Jute farmers.
Jute Corporation of India had signed an MoU with National Seeds Corporation for commercial distribution of around one thousand Metric Tonne jute seeds for the year 2021-22.

Notes:
The Indian Navy got its third Scorpene submarine, which will be commissioned in Mumbai as INS Karanj. This is a part of the six submarines, which are being constructed under Project 75.
Mazagon Dock Shipbuilders Limited has delivered three Scorpene submarines to the Indian Navy named Khanderi, Kalvari and Karanj.

Notes:
Global Ratings major “S&P Global Ratings” has projected Indian economy to grow at 10% for the next financial year 2021-22.
This is 1% less than the growth projections made by the Economic Survey (11%) for the next financial year. S&P’s projections is based on continued normalisation of economic activities in India.

Notes:
India’s leading cement maker ACC has launched a new low carbon range of ready mix concrete, in order to cut down carbon emissions.
This has been named as ECOPact. It has been launched in Mumbai and Hyderabad initially and would be rolled out in the entire country in some time.

Notes:
According to the Institute of International Finance, the total amount of global debt stood at USD 281 trillion at the end of 2020.
It also revealed that the countries, companies and households raised USD24 trillion last year to tackle the economic crisis created due to the Covid-19 pandemic. The total debt was over 355 per cent of global GDP.

Notes:
The TIME magazine’s annual list of 100 “emerging leaders who are shaping the future”, named the “2021 TIME100 Next”, was released recently.
Chandrashekhar Azad, the leader of the Bhim army, which runs school to educate Dalit children and works to curb caste-based violence, featured in the list. Other 5 Indian origin personalities are UK finance minister Rishi Sunak, Twitter lawyer Vijaya Gadde, Instacart founder and CEO Apoorva Mehta, ED of nonprofit Get Us PPE Shikha Gupta and founder of nonprofit Upsolve Rohan Pavuluri.