Current Affairs Quiz - February, 2023

Notes:
The biggest book fair of Bangladesh ‘Ekushey Boi Mela’ was inaugurated in Dhaka by Prime Minister Sheikh Hasina.
The theme of this year’s book fair is ‘Poro Boi, Goro Desh: Bangbandhur Bangladesh’- Read books, build the country, a country of Bangabandhu’s dream. The Prime Minister also distributed the Bangla Academy Award 2022 in recognition of the literary works in Bangla.

Notes:
Bihar Deputy Chief minister Tejashwi Prasad Yadav inaugurated the MV Ganga Vihar at NIT Ghat in Bihar.
The floating restaurant operated by the Bihar State Tourism Development Corporation (BSTDC). The two-storied floating restaurant has a restaurant on the ground floor with a seating capacity of 48 people along with a VIP lounge and a private lounge on the top floor.

Notes:
Maharashtra tops the list in sales of electric vehicles across all segments which have availed of the FAME II subsidy.
It is followed by Karnataka, Tamil Nadu, Gujarat and Rajasthan. The top five states collectively account for over 56 per cent of the 0.85 million electric vehicles bought through the scheme, according to government data. Under the FAME II scheme, the government earmarked Rs 10,000 crore as a subsidy to electric vehicles. The scheme has been extended till March-end 2024.

Notes:
The United States and the Philippines announced plans to expand America’s military presence in the Southeast Asian nation.
The countries decided to accelerate full implementation of their ‘Enhanced Defense Cooperation Agreement (EDCA)’. As part of the agreement, the U.S. has allocated $82 million toward infrastructure improvements at five current EDCA sites. This will provide access to four more bases to the US.

Notes:
Ricky Kej is an Indian musician and environmental activist. The Indian music composer recently won his third Grammy Award for the album ‘Divine Tides’.
He is the youngest person to win this award and only the fourth Indian to achieve this feat. He recently made another history by becoming the only living Indian to win the Grammy Award thrice.

Notes:
Kiruna is a town in northern Sweden that houses over 18,000 individuals and a tonne wooden church.
This town is currently under threat of being consumed by the world’s largest iron ore mine that is under the control of the Swedish state-owned company LKAB. This entire town is currently being relocated and it is considered as one of the significant relocations happened in the world.

Notes:
The eXperiential Technology Innovation Centre (XTIC) is a newly established research institute in IIT Madras.
It is India’s research and product innovation centre focusing on extended reality and haptics technology. An MoU was signed recently between ISRO and the IIT Madras to develop a training module for the Indian spaceflight programme at the XTIC. It will be developed using the augmented reality, virtual reality and mixed reality.

Notes:
US President Joe Biden recently delivered the State of the Union (SOTU) Address at the Joint Session of the Parliament in the US Capitol in Washington DC.
This is Biden’s second SOTU address. According to the country’s Constitution, the US President is required to deliver the state of the Union to Congress and recommend measures that he judges to be necessary and beneficial.

Notes:
Capital market regulator SEBI has launched operational guidelines on green bonds asking issuers to make additional disclosures along with its annual report and financial results.
The disclosures are pertaining to environmental sustainability objectives of such debt securities in the offer document. In addition, issuers of green bonds will have to disclose brief details of decision-making process followed for determining the eligibility of projects.

Notes:
The Monetary Policy Committee (MPC) of the Reserve Bank of India hiked the key policy rate, the Repo rate by 25 basis points to 6.50 per cent in a bid to control the retail inflation.
The RBI has increased the repo rate by a cumulative 250 basis points to 6.50 per cent since May this year. The RBI has projected GDP growth for the next fiscal (FY2024) at 6.4 per cent.