Current Affairs Quiz - February, 2023

Notes:
Reliance Consumer Products announces strategic partnership with Sri Lanka’s Maliban Biscuit Manufactories.
Reliance Consumer Products Limited is the FMCG arm of Reliance Retail Ventures Limited. Maliban is Sri Lanka’s pioneering biscuit manufacturer well-known for the last 70 years for its range of products.

Notes:
India jumped to the third spot in the International Boxing Association’s (IBA) latest world ranking.
Indian boxing teams consistently finished amongst the top 5 countries at global multi-nation tournaments such as World Championships, Asian Games and the Common wealth games.

Notes:
National Research Foundation is an autonomous agency that comes under the aegis of Ministry of Science and Technology (DST).
The Union Budget 2023-24 has earmarked Rs.2,000 crore as an outlay for the National Research Foundation to boost research and innovation within India.

Notes:
Bard is an AI chatbot that is being developed by Google as a competitor for the popular Microsoft-backed ChatGPT.
Bard will use AI to generate answers in text when queries are typed by the users. This chatbot will function based on the AI model called LaMDA, which was introduced by Google in 2021 as a generative language model for dialogue applications.

Notes:
The Trade Receivable Discounting System (TReDS) is an electronic platform that facilitates the financing or discounting, trading and settling invoices of the MSMEs.
The Reserve Bank of India (RBI) has decided to expand the scope of the TReDS to allow the use of insurance facilities. This will facilitate secondary market operations on the TReDS.

Notes:
The US State Department gave the nod for the sale of M142 High Mobility Artillery Rocket System (HIMARS) launchers to Poland.
The HIMARS and the related equipment will be sold to Poland at a cost of around USD 10 billion. HIMARS (High Mobility Artillery Rocket System) is a type of artillery system that can fire long-range rockets with pinpoint accuracy. It has been used in the conflict between Ukraine and Russia.

Notes:
Bangladesh recorded a 7.10 percent GDP growth rate for the Financial Year (FY) 2022 which marks an increase from 6.94 percent in FY 2021 and 3.45 percent in FY 2020.
As per the Bangladesh Bureau of Statistics (BBS), the per capita income of Bangladesh is USD 2793. The service sector in the Bangladesh economy has the highest share of 51.48 percent.

Notes:
Superbugs are types of germs, like bacteria, viruses, fungi, or parasites that are not easily killed by antibiotics.
According to a recent report by the UN Environment Programme (UNEP), superbugs could be a major cause of death in the future. Overuse of antibiotics in animal farming and pollution from pharmaceutical companies can cause these germs to become resistant to antibiotics.

Notes:
The government has set up a special committee to examine the need for a separate competition law for digital companies.
Chaired by Corporate Affairs Secretary Manoj Govil, the committee will review whether existing antitrust laws in the country are equipped to deal with the challenges that have emerged from the digital economy, and submit to the government a draft Digital Competition Act within three months.

Notes:
Kerala Police have recently arrested 113 people who were accused in various criminal cases, under ‘Operation Aag’.
The raids are being held to arrest those who were placed under the Kerala Anti-Social Activities (Prevention) Act. Other initiatives of the state police include ‘Pink patrol’ which is specifically for women’s safety, ‘Prasanthi’ for senior citizens among others.