Current Affairs Quiz - February, 2023

Notes:
The first G20 Energy Transition Working Group meeting under India’s Presidency will be held in Bengaluru from February 5th to 7th.
Technology gaps in energy transition, low-cost financing for energy transition, energy security and diversified supply chain, industrial low carbon transition and fuel for future are the priority areas of the Working group discussion.

Notes:
Jharkhand governor Ramesh Bais sent the ‘1932 Khatiyan Bill’ back to the Hemant Soren government for reconsideration.
The Governor described it to be violative of Article 16 of the Constitution and court rulings. The state government had passed the ‘Jharkhand definition of local persons and for extending the consequential, social, cultural and other benefits to such local persons Bill, 2022’.

Notes:
As per a recommendation made by the Department of Commerce, IIT Madras will be provided a grant of Rs 242 Crore over a period of five years to undertake research on Lab Grown Diamonds (LGD).
In the Union Budget 2023, Union Finance Minister said that Lab grown Diamonds (LGD) is a technology and innovation-driven emerging sector with high employment potential.

Notes:
Sri Lanka marked its 75th independence anniversary on 4^th February 2023. Several activists, Buddhists and Christian clergy announced a boycott of the celebration in the capital.
A group of activists began a silent protest in the capital, condemning government’s independence celebration and failure to ease the economic burden. University students also attempted a protest march.

Notes:
Finance Minister Nirmala Sitharaman announced a grant of ₹5,300 crore for the Upper Bhadra Irrigation Project in Karnataka in the Union Budget 2023.
The fund will be used to provide sustainable micro irrigation and filling up of surface tanks for drinking water. Karnataka was the only state mentioned in the budget.

Notes:
Ministry of Heavy Industries implements the ‘FAME (faster adoption and manufacturing of electric vehicles) scheme’.
The government has nearly doubled its budgetary allocation for the FAME scheme to subsidise the purchase of electric vehicles. As per the budget, the subsidy under FAME scheme for fiscal 2024 is projected at Rs 5,172 crore, compared to the revised estimate of Rs 2,897 crore in the current fiscal year. This is the highest allocation under the scheme since its launch in 2020.

Notes:
Australia’s central bank said that its new USD 5 bill would feature an Indigenous design rather than an image of King Charles III.
The King is still expected to appear on coins that currently bear the image of the late Queen Elizabeth II. The bank will consult with Indigenous groups in designing the USD 5 note.

Notes:
Lucknow will host the first meeting of the G20 Digital Economy Working Group (DEWG). A Digital India Mobile Van has been introduced with respect to the meeting.
The Digital India Mobile Van will tour other cities in the country, enlightening citizens about G20 DEWG and Digital India’s key initiatives including PMJDY, DigiLocker, Aadhaar, UMANG, e-Way Bill, e-Aushadhi, Aarogya Setu, Co-WIN, e-Rupi, and India Stack Global.

Notes:
Turkey’s President Recep Tayyip Erdogan said the earthquake that hit Gaziantep in southern Turkey was the country’s worst disaster since 1939 Erzincan earthquake.
The 1939 Erzincan earthquake resulted in the deaths of around 33,000 individuals. It was caused by the movement of the North Anatolian Fault Zone, which resulted in a quake measuring 7.8 on the Richter scale. This earthquake caused damage to the Erzincan Plain and the Kelkit River Valley.

Notes:
A new report ‘Teleconnections Among Tipping Elements in the Earth System’ Report, has found a direct link between deforestation of the Amazon rainforest and the temperature changes in Tibet.
Tibet is situated more than 15,000 km from the rainforest. It revealed the strong link between climate tipping elements. A tipping point is a threshold beyond which major, irreversible changes occur in a specific region.