Current Affairs Quiz - February 2022

Notes:
Finance Minister Nirmala Sitharaman said that the Centre’s Gross domestic product (GDP) deflator projection for 2022-23 is 3 to 3.5 per cent.
GDP deflator is a measure of inflation and is the difference between nominal GDP and real GDP. Union Budget assumes a nominal GDP growth rate of 11.1 per cent for FY23.

Notes:
A team of Indian Scientists has recently identified the next-generation probiotic bacterium Lactobacillus Plantarum JBC5.
The bacterium promoted healthy aging on a model organism called Caenorhabditis Elegans. The team from Institute of Advanced Study in Science and Technology (IASST), Guwahati, has also developed a yogurt using this probiotic bacterium.

Notes:
The Indian Army has recently commenced Radio Frequency Identification (RFID) tagging of its ammunition inventory.
This will lead to increased efficiency in technical activities and reduce inventory carrying costs. The first consignment of RFID tagged ammunition was despatched from Ammunition Factory Khadki to Central Ammunition Depot (CAD) Pulgaon.

Notes:
India is placed third in the globe on the US Green Building Council’s (USGBC) 2021 global list for sustainable spaces.
It is a ranking of the top 10 nations and areas outside of the United States for Leadership in Energy and Environmental Design (LEED) in 2021. India has 1,649 LEED certified buildings with a total area of 46.2 million gross square metres, with a 10% rise in LEED certified space since 2020.

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:
Atal Innovation Mission (AIM), NITI Aayog in collaboration with UNDP, India launched the Community Innovator Fellowship (CIF).
It was launched on the occasion of the “International Day of Women & Girls in Science”. It is a one-year-long fellowship program, developed as a pre-incubation model to guide innovators set up their social enterprise focusing on SDG based solutions.

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:
‘Carnival of Hope’ is a famous annual celebration held in the city of Venice. It is also known as “City of Bridges” and “The Floating City”. This year’s edition is expected to attract thousands of people.
The 2020 Venice Carnival, which usually draws tourists from around the world, was curtailed when the pandemic broke out in Italy.  The festival got cancelled the following year to contain infections.

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:
The Central Government has constituted the Ken-Betwa Link Project Authority to implement the first initiative under the national river interlinking policy.
The policy seeks to bring nearly 11 lakh hectares of land under irrigation in the Bundelkhand region spanning between Uttar Pradesh and Madhya Pradesh. KBLPA will be headed by a CEO at the level of additional secretary to the Government of India and assisted by five additional CEOs.