Current Affairs Quiz - February, 2023

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:
Indian Prime Minister Narendra Modi named as the world’s most popular leader with an approval rating of 78 per cent.
The Global Leader Approval survey, carried out by the USbased Morning Consult, featured 22 global leaders. PM Modi stood on top of the list with 78% approval rating. The second most popular leader as per the survey is Andres Manual Lopez Obrador ( Mexico ), while Alain Berset (Switzerland ) stood third. US President Joe Biden came seventh while UK Prime Minister Rishi Sunak was placed 12th.

Notes:
The government has agreed to convert Vodafone Idea’s accrued interest worth over Rs 16,000 crore on deferred adjusted gross revenue (AGR) dues into equity at Rs 10 a share.
Earlier In October 2022, market regulator SEBI approved the conversion of Vodafone Idea dues into equity.

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:
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:
A set of new family laws, referred to as ‘Federal Personal Status Laws’, for non-Muslims residing in the United Arab Emirates (UAE) came into force.
These laws will apply to non-Muslim expatriates or foreigners living in UAE and cover various aspects of family law like marriage, divorce, child custody, inheritance, wills, and paternity. The new reforms to UAE’s judicial systems originate from Abu Dhabi’s Civil Family Court System, which allows non-Muslim couples to divorce or marry without following the Sharia laws.

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:
Operation AAHT was conducted recently by Railway Protection Force (RPF) to identify and rescue victims of human trafficking.
As part of this operation, the RPF makes use of its infrastructure and intelligence to gather analyse clues about victims, source, route, destination, popular trains used for human trafficking and other details. It collaborates with the local police to curb human trafficking.

Notes:
The Paris Club is an informal group of creditor nations that functions as a platform for official creditors that resolves payment issues faced by debtor countries. All of its 22 member states belong to the Organisation for Economic Co-operation and Development (OECD).
The Paris Club has recently decided to offer financial support to the International Monetary Fund (IMF) for Sri Lanka’s debt.

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.