Current Affairs Quiz - February, 2021

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:
Union Defence Minister Rajnath Singh inaugurated over 57000 water structures constructed in Madhya Pradesh under ‘Jalabhishekam’ water conservation campaign.
These water structures were created during the Covid-19 pandemic period by linking the work with the MNREGA scheme. The water structures costing over Rs 200 crore have been inaugurated under the MGNREGA scheme and PM Krishi Irrigation scheme.

Notes:
As per the Chinese lunar calendar, a 12-year cycle is described, which is used in the Chinese Zodiac. As per the country’s Zodiac, this year is celebrated as the Year of Ox.
The country celebrates the festival for sixteen days, beginning from the Chinese New Year’s Eve to the Lantern Festival. After China adopted the Gregorian calendar, the Chinese New year was renamed as the Spring Festival.

Notes:
The Government has recently stated that Madhya Pradesh was the worst hit state in terms of crop loss due to floods in the year 2019. It has registered zero crop loss in 2017 and 2018.
The estimated crop loss in the state was 6.047 million hecatres due to extreme rainfall and flood.

Notes:
Yoshiro Mori resigned from the post of the President of the Tokyo Organizing Committee of the Olympic and Paralympic Games.
After being criticised for his sexist comments he had made earlier. Yoshiro Mori is 83 years old and he is also the former prime minister of Japan. He also served as the president of the organizing body by the previous Prime Minister Shinzo Abe.

Notes:
The Government of India, Government of Chhattisgarh and the World Bank, have recently signed a USD 100 million project.
Under the project, the state would strive for developing sustainable production systems that allows tribal households in remote areas of Chhattisgarh to practice round the year production of diversified and nutritious food.

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:
Germany based professional football club Bayern Munich beat Mexico’s Tigres UANL in the final of the FIFA Club World Cup in Qatar.
This is the sixth title won by the club in less than nine months. Benjamin Pavard of the German team scored the only goal of the final match in the 59th minute.

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:
Iran and Russia are organising a two-day navy exercise called “Iran-Russia Maritime Security Belt 2021” in the northern part of the Indian Ocean.
India has joined the exercise with a select group of vessels and forces. The drill will cover an area of 17,000 square kilometres and will include shooting at sea and air targets and liberating hijacked ships, as well as search and rescue and anti-piracy operations.