Current Affairs Quiz - February 2022

Notes:
According to figures released by the US Census Bureau, India-US bilateral goods trade was worth USD 113.391 billion from January to December 2021.
This is the largest volume of goods trade in a calendar year in India-US economic history. India exported goods worth over USD 73 billion, and imported goods worth over USD 40 billion dollars. In 2020 trade fell to USD 78.2 billion due to pandemic, from the high of USD 92.1 billion in 2019.

Notes:
Australia has recently designated the koala an endangered species, which was classified as vulnerable only 10 years ago.
The impact of prolonged drought, summer bushfires, and the cumulative impacts of disease, urbanisation and habitat loss over the last twenty years have led to the decision. From now, Koalas will be provided with greater protection under Australia’s national environment law.

Notes:
The seventh round of India-EU consultations on disarmament and non-proliferation matters was held in a virtual format.
The consultations are part of dialogue mechanisms under the ‘Roadmap to 2025’ for further strengthening the India-EU Strategic Partnership.

Notes:
State Bank of India’s Strategic Training Unit has entered into a partnership with NSE Academy to promote financial literacy as a necessary life skill.
Five inaugural Massive Online Open Courses (MOOCs) of SBI have been on the NSE Knowledge Hub platform. The e-courses enable learners to gather knowledge on various aspects of banking and financial services.

Notes:
Chief Minister Nitish Kumar and Union road transport and highways Minister Nitin Gadkari inaugurated the Munger Ganga Bridge.
It is named after the state’s first Chief Minster Sri Krishna. It is the third rail-cum-road bridge across the Ganges, at Munger in the Indian state of Bihar.

Notes:
The Andhra Pradesh Police has initiated ‘Operation Parivartan’, a special operation to eliminate the cultivation of cannabis.
This operation was led by the Andhra Pradesh Police with the Special Enforcement Bureau (SEB) in Visakhapatnam. Recently, around 2 lakh kilograms of processed cannabis was seized while it was being shipped out.

Notes:
India signed an agreement with the United Nations World Food Programme (WFP) for the distribution of 50,000 MT of wheat.
India has committed to send relief to Afghanistan as part of a humanitarian assistance, to be sent in truck convoys through Pakistan by road. Rome-headquartered WFP thanked India for the agreement to support Afghans who are facing humanitarian crisis.

Notes:
India has cut its tax on crude palm oil (CPO) imports to 5 percent from 7.5 percent. The reduction in the tax, known as ‘Agriculture Infrastructure and Development Cess (AIDC)’, will widen the gap between the CPO and refined palm oil import duties.
This will make it cheaper for Indian refiners to import CPO. India is the world’s biggest edible oil importer.

Notes:
The Tata Group has appointed Ilker Ayci, former Turkish Airlines Chairman, as Air India’s Managing Director and CEO.
The decision is in line with the Tata Group’s plans to appoint an expatriate chief to run Air India, which it took over from the Indian government recently.

Notes:
‘Babushka batallion’ is an army of older women, being organised by far-right movement Azov. The training offered basic lessons in first-aid, survival and evacuation, weapons safety and how to use a weapon.
The tension between Russia and Ukraine has entered a critical week and the USA has warned that troops could wage a bloody campaign to take the country within days.