Current Affairs Quiz - February, 2021

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:
West Bengal Chief Minister Mamata Banerjee has virtually launched the ‘Maa’ scheme under which the state government would provide meal at Rs 5 to poor people.
A platter of food including vegetable and egg curry is to provided at Rs 5 with the state bearing a subsidy of Rs 15 per plate.

Notes:
The final production batch of Long-Range Surface-to-Air Missile (LRSAM) was recently flagged off at DRDL, A P J Abdul Kalam Missile Complex, Hyderabad.
The missiles have been designed and developed by DRDO in collaboration with various industry partners and integrated by Bharat Dynamics Limited. The missile system provides defence against aerial targets including fighter aircrafts and missiles.

Notes:
Nigerian American economist Ngozi Okonjo-Iweala has been appointed as the new director-general of World Trade Organization (WTO). With this appointment, she becomes the first African women to be the Chief of WTO.
WTO is an intergovernmental organization that is regulates the trade between nations. It is headquartered at Geneva.

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 first day of the spring called ‘Pahela Phagun’ is celebrated in Dhaka, Bangladesh. The country’s top cultural organisations including the Bangladesh Shilpa Kala Academy held programmes to celebrate the beginning of the spring.
On account of the Covid pandemic, the traditional programme of ‘Basanta Utsab’ at the Fine Arts faculty in Dhaka university was cancelled.

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:
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.

Notes:
India’s leading investment professional, Usha Rao-Monari, has been appointed by the UN chief Antonio Guterres as Under-Secretary-General and Associate Administrator of the UNDP.
She has served in several senior positions in the area of infrastructure investment, including Director of the Sustainable Business Advisory Group at the International Finance Corporation, part of the World Bank Group.

Notes:
The Union Ministry of Agriculture has obtained approval from DGCA for use of drones to implement Pradhan Mantri Fasal Bima Yojana (PMFBY).
The Agriculture Ministry has planned to fly drones over 100 districts of the country to capture images of rice and wheat fields for assessing crop yields. It would also be used for claim settlement under the crop insurance scheme.