Current Affairs Quiz - February 2022

Notes:
The Securities and Exchange Board of India (SEBI) is a regulatory authority established under the SEBI Act 1992. It is the principal regulator for Stock Exchanges in India.
SEBI has recently penalised the National Stock Exchange (NSE), its former CEOs Chitra Ramkrishna and Ravi Narain for governance lapses in hiring of its chief operating officer (COO) Anand Subramanian.

Notes:
Brazil recorded the most deforestation ever in the Amazon rainforest for the month of January, according to new government data.
Deforestation in Brazil’s Amazon totalled 430 sq kilometres last month, five times higher than January 2021. This is according to preliminary satellite data from government space research agency.

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:
The Government has approved the umbrella scheme of modernisation of police force for the next five years (2021-22 to 2025-26) with a financial outlay of Rs 26,275 crore.
More than Rs 18,000 crore of this money has been allotted towards security related expenditure in Jammu and Kashmir, Left Wing Extremism areas and the Northeast.

Notes:
Japan is the only country that has dedicated country-focused industrial townships across India. Recently DPIIT (India) reviewed the status of Japan Industrial Townships (JITs) with METI (Japan).
Japan Industrial Townships (JITs) were set up after the “Action Agenda for the India-Japan Investment and Trade Promotion and Asia-Pacific Economic Integration” signed in 2015. They wer developed in India especially in Delhi Mumbai Industrial Corridor (DMIC) and Chennai Bengaluru Industrial Corridor (CBIC).

Notes:
After Kerala and Tamil Nadu, Karnataka High Court has struck down the state’s ban on online gambling, declaring it to be ultra vires under the Constitution.
The Court struck down key amendments to the Karnataka Police Act, 1963, which were brought in last year to ban all forms of gambling in the state. The Court said that the state may bring in legislation to regulate betting and gambling, in accordance with the provisions of the Constitution.

Notes:
UK has announced to be the co-host of an upcoming United Nations virtual pledging summit to address the humanitarian crisis in Afghanistan.
As per the UK government, the virtual pledging conference is aimed to help the UN raise USD 4.4 billion for Afghanistan. It is the largest amount the UN has ever requested for a single country.

Notes:
The full moon, known as the Snow Moon occurs during the month of February. This year, it reached its peak on February 16.
The bright star Regulus in the constellation Leo, the lion was also witnessed along with the moon. The Snow Moon, also called the Storm Moon, is a name from the Algonquin tribe ‘because of the heavy snows that fall in this season’.

Notes:
Guru Ravidas was an Indian mystic, poet and social reformer who made remarkable contributions in the form of devotional songs, verses, spiritual teachings during the Bhakti movement.
February 16 is marking the celebration of 645th birth anniversary of the Guru. It is observed as Guru Ravidas Jayanti all across the nation. He was born in 1377 C.E. in Varanasi, Uttar Pradesh. He actively opposed the caste system and promoted communal harmony.

Notes:
NITI Aayog inaugurated the first-of-its-kind initiative of ‘Fintech Open month’, to bring together regulators, Fin-tech professionals, industry leaders, start-up community on a common platform.
The overarching theme is ‘OPEN’, to achieve three objectives namely 1) encourage Open ecosystem across the Fin-Tech industry; (2) promote co-innovation and growth; (3) ensure financial inclusion and leverage new models like Account Aggregator.