Current Affairs Quiz - February 2022

Notes:
Elon Musk’s Starlink has lost 40 of the 49 satellites causing them to fall from orbit before they could be commissioned.
They were caught in a Geomagnetic storm a day after they were launched. A geomagnetic storm is a temporary disturbance of the Earth’s magnetosphere caused by a solar wind shock wave. It also occurs when cloud of magnetic field interacts with the Earth’s magnetic field.

Notes:
NITI Aayog released a report titled ‘Reimagining Healthcare in India through Blended Finance’. As per the report, about 65 per cent of hospital beds in the country cater to almost 50 per cent of the population concentrated in some states.
The report also stressed that the number of beds must be increased by at least 30 per cent to ensure equitable access to healthcare facilities for people.

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:
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:
The National Medical Commission (NMC) has suggested to medical colleges that the traditional Hippocratic Oath be replaced by a “Charak Shapath”.
Charak is considered as the father of Ayurveda in India. The Hippocratic Oath dates back to the Greek philosopher and physician Hippocrates. It forms the foundation of modern medicine and is used in graduation ceremonies in many medical colleges.

Notes:
Vedanta and Hon Hai Technology Group (also known as Foxconn) have formed a joint venture (JV) to manufacture semiconductors in India.
This is the first joint venture in the electronics manufacturing space after the Production Linked Incentive Scheme (PLI). In December 2021, the Centre cleared a PLI scheme for semiconductor and display board production targeting an investment of Rs 76,000 crore over the next five to six years.

Notes:
Astronomers have recently discovered a third moon orbiting the main-belt asteroid (130) Elektra, making it the first ‘Quadruple Asteroid’ ever found.
(130) Elektra is a large main-belt asteroid, first discovered in 1873 by Litchfield Observatory astronomers.  It has an effective diameter of 199 km. The discovery of first quadruple asteroid system will help in understanding the mechanisms of the formation of these satellites.

Notes:
Union Minister for Social Justice and Empowerment, Dr. Virendra Kumar launched the Scheme for Economic Empowerment of DNTs (SEED).
It aims to promote the welfare of De-notified, Nomadic and Semi Nomadic Communities. The Department of Social Justice & Empowerment has developed an online portal to ensure seamless registration and data storage of these communities

Notes:
The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the setting up of a G20 Secretariat and its reporting structures. It aims to handle work related to various aspects of India’s G20 Presidency starting from December 1, 2022 to November 30, 2023.
The Secretariat will be guided by an apex committee headed by Prime Minister, and comprising the Finance Minister, Home Minister, External Affairs Minister, and G20 Sherpa (Commerce & Industry Minister).

Notes:
In 2018, SEBI asked the top 500 listed companies to split the post of chairman and managing director by April 2020, after the recommendations of the Uday Kotak-led panel on corporate governance. In 2020, it extended the timeline by two years to April 1, 2022.
Recently, SEBI has made splitting of the post of chairman and managing director (CMD) in the top 500 listed companies voluntary.