Current Affairs Quiz - February, 2023

Notes:
For the next fiscal year 2023-24, the Union Budget has pegged disinvestment revenue at Rs 51,000 crore.
The government has also scaled down the disinvestment target for the current fiscal to Rs 50,000 crore, from Rs 65,000 crore budgeted last year. The Government expects divestment processes initiated in the current fiscal to be closed by the next fiscal year, including IDBI, Shipping Corporation of India and NMDC Steel.

Notes:
The Reserve Bank of India issued Master Direction – Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights in Banking Companies) Directions.
As per the directions, permission to acquire shares or voting rights in a banking company for non-promoter will be limited to 10 % in case of individuals, non-financial institutions, and financial institutions connected with large industrial houses. The limit is 15 % in case of financial institutions, PSUs and government. RBI recently allowed DSP Investment Managers to hike its stake in DCB Bank to 9.99 per cent.

Notes:
Finance Minister stated that the Pradhan Mantri PVTG Development Mission will be launched, to  improve socio-economic conditions of the particularly vulnerable tribal groups (PVTGs).
Rs.15,000 crore will be made available to implement the Mission in the next three years under the Development Action Plan for the Scheduled Tribes.

Notes:
Scientists from the Indian Institute of Science Education and Research, Bhopal, have sequenced the draft genome of four native Indian cow breeds.
For the first time, the genetic makeup of four native Indian cow breeds — Kasaragod Dwarf, Kasaragod Kapila, Vechur, and Ongole has been unravelled.

Notes:
Union Finance Minister announced an initiative called MISHTI ‘Mangrove Initiative for Shoreline Habitats and Tangible Incomes’.
Under the scheme, mangrove plantations will be taken up along the country’s coastline apart from salt pans, wherever feasible, through the convergence of the job guarantee scheme MGNREGS, the Compensatory Afforestation Fund, and other sources.

Notes:
International Day of Zero Tolerance for Female Genital Mutilation is observed on February 6 each year to raise global awareness about the issue concerning the female genital mutilation (FGM).
This day was established in 2003 after the Campaign against Female Genital Mutilation officially declared “Zero Tolerance to FGM” in Africa on February 6.

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:
Australian men’s T20 captain Aaron Finch announced his retirement from international cricket. The 36-year-old led Australia to its maiden T20 World Cup victory in 2021.
Aaron Finch has captained the team in 76 of the 103 T20 internationals he has played since debuting against England in 2011. He retired as Australia’s one-day skipper last September.

Notes:
The Yuva Sangam is an initiative which was launched to build close ties between the youth of the North East Region and rest of India under the spirit of Ek Bharat Shreshtha Bharat.
The Yuva Sangam registration portal was launched in New Delhi recently. Under the initiative over 20 thousand youth will travel across the country and gain opportunity of cross-cultural learning.