Current Affairs Quiz - February 2022

Notes:
China’s four government agencies including its central bank published a five-year plan for financial standardisation
The plan is to be implemented during the 2021-2025 period. China will strengthen its cross-border yuan payments system and explore setting up infrastructure standards for a digital fiat currency as part of the plan.

Notes:
Sovereign gold bonds (SGB) are government securities denominated in grams of gold, issued by the RBI on behalf of the Government of India.
The maturity period of the sovereign gold bond is eight years. The premature redemption is permitted after the fifth year from the date of issue of such gold bonds on the interest payout date.

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:
A piece of amber with a well-preserved juvenile ‘Retinosaurus hkamtiensis’ was recovered from the near the Jade mines in Myanmar
The newly-identified lizard species was trapped in an araucarian tree resin about 110 million years ago. It is a representative of Scincoidea, a superfamily that includes skinks, armoured lizards and night lizards.

Notes:
As per a recent research, Kaziranga National Park in Assam, is releasing more carbon than it is absorbing.
The National Park is home to the largest-population of the one-horned rhinoceros in the world. Usually, forests absorb more carbon than they release, which makes them carbon sinks. This is mainly due to decreasing rainfall in the region.

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:
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:
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 US Congress passed a legislation that ends forced arbitration in sexual assault and harassment disputes at workplaces.
After getting signed by the President Joe Biden, the bill will allow survivors to sue their abusers in a public court even if they have signed employment agreements that require them to settle disputes internally through an arbitrator.

Notes:
Philippines has recently deferred ratification of Regional Comprehensive Economic Partnership (RCEP).
This decision has been taken after farmers and other civil society groups in the country expressed strong apprehensions against the mega trade deal signed. India has decided to stay out of RCEP, as per current situations.