Current Affairs Quiz - February, 2021

Notes:
Technology Information, Forecasting and Assessment Council (TIFAC) is a think-tank under the Department of Science and Technology (DST).
It recently launched the ‘Seaweed Mission’, which aims to promote commercial farming of seaweeds and its value addition. It also launched the ‘Saksham’ job portal, which will help eliminate middlemen and labour contractors. It also provides skill cards for various types of workers.

Notes:
World Unani Day is observed every year on 11th February, to mark the birth anniversary of the Unani scholar and social reformer Hakim Ajmal Khan.
He was the founder of scientific research in Unani System of Medicine. The Unani system of medicine originated in Greece and its foundation was laid by Hippocrates.

Notes:
Punjab National Bank (PNB) has signed an agreement with Indian Oil Corporation to provide up to Rs 2 crore to the dealers of the Oil company.
Under the MoU, the bank would provide credit facilities at lower interest rates, nil margin, and with minimum or zero collateral requirements. These measures are to be undertaken under the PNB e-Dealer scheme.

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:
Indian Army organised a Seminar-cum-Webinar, named as ‘Divya-Drishti 2021’ on Multi-Domain Operations: Future of Conflicts.
It was organised by Centre for Land Warfare Studies (CLAWS). Chief of the Army Staff (COAS), General MM Naravane participated in the webinar. India’s Preparedness in Multi Domain Operations was focussed in the session.

Notes:
The Union Culture Ministry is organising the 11th edition of its Rashtriya Sanskriti Mahotsav (RSM) in West Bengal.
The events will be held in various places namely Cooch Behar, Darjeeling and Murshidabad during this month. It was inaugurated at the Cooch Behar palace and will promote traditional art forms and tribal heritage.

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:
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:
A Memorandum of Understanding (MoU) was signed between Tunisia Africa Business Council and Indian Economic Trade Organization (IETO).
The MoU seeks to establish the India Tunisia Business Council. The event was organised by IETO and was attended by members from the Ministry of External Affairs, India, Ministry of Foreign Affairs based in Tunis, businesspersons and Academia.

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.