Current Affairs Quiz - February, 2021

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:
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:
The three-day Mandu Festival began at Mandu, the historic town of Madhya Pradesh. The state also inaugurated Dino Adventure Park & Fossils Museum.
During the Mandu Utsav, Handicrafts related to handmade art are displayed to encourage local artisans. Dinosaur Park is the country’s first modern fossil park to display 24 eggs and various fossils of dinosaurs.

Notes:
The 2021 United Nations Climate Change Conference of the Parties, also known as COP26, is scheduled to be held in Glasgow, Scotland, in November 2021.
The event is to be held under the presidency of the United Kingdom. British MP and President-designate of COP-26, Alok Sharma called on Indian Prime Minister Narendra Modi in New Delhi.

Notes:
Prime Minister Narendra Modi is to launch the Mahabahu-Brahmaputra initiative in the state of Assam. It aims to improve connectivity in the eastern states.
Ro-Pax vessel operations would be inaugurated between Neamati-Majuli Island, North Guwahati-South Guwahati and Dhubri-Hatsingimari. The Prime Minister would also launch the foundation stone of two bridges, an Inland Water Transport Terminal at Jogighopa and various tourist jetties on Brahmaputra.

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 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:
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 International Solar Alliance (ISA) has proposed to launch World Solar Bank (WSB).
This is proposed to be launched at the United Nations Climate Change Conference in Glasgow that is scheduled to be held in November 2021. The ISA is an intergovernmental treaty-based organization headquartered in India.

Notes:
U.S. Secretary of State Antony Blinken announced that the United States would pay the World Health Organization (WHO) USD 200 million.
The U.S. is the largest funder of the World Health Organisation, contributing over 15% of its total funds. Former U.S. President Donald Trump had begun the process of withdrawing from the WHO, which has been stopped now by the incumbent President.