Current Affairs Quiz - February, 2023

Notes:
India, France, UAE agreed to establish a formal trilateral cooperation, in fields including energy, defence, economy
The three countries said that they will explore the possibility of working with the Indian Ocean Rim Association (IORA) to pursue actionable projects on clean energy, environment and biodiversity.

Notes:
Parli Vaijnath-Vikarabad Railway Electrification Project was completed recently, after which the entire route of 268 kilometers is now electrified.
Parli Vaijnath is a city of Maharashtra. The project will benefit the people of Telangana, Karnataka and Maharashtra.

Notes:
Reliance Retail has become the first Indian retailer to introduce Central Bank Digital Currency (CBDC), also known as digital rupee.
The company has piloted the use of Digital Rupee in one store in Mumbai, and is planning to make this facility available in all its stores in Mumbai within the next three to four months, in accordance with Reserve Bank of India (RBI) norms.

Notes:
The Ministry of Housing and Urban Affairs signed a MoU with Engineers India Limited to develop Waste to Energy and bio-methanation projects in cities with a population of million plus.
It was signed as a part of furthering the ‘Green Growth’ agenda. There are 59 million plus cities in India and EIL will assist them in developing such projects for larger quantum of waste integrating circularity in waste management.

 

Notes:
The Union Budget 2023-24 has allocated Rs. 2,516 crore for the computerization of 63,000 PACS over the next 5 years.
Primary Agricultural Credit Societies (PACS) are village-level cooperative credit societies that act as the last link to the 3-tier cooperative credit structure, which is headed by the State Cooperative Bank or SCB. Credit from the SCB is transferred to the district central cooperative banks (DCCBs), which will then transfer the credit to the PACS.

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 Wetland Ex-Situ Conservation Establishment (WESCE) is a zoo that is being proposed by the state government of Rajasthan.
It is set to be established within the Keoladeo National Park, a World Heritage Site also known as the Bharatpur bird sanctuary. The WESCE will display a range of wetland species like water buffaloes, dolphins, crocodiles, and others.

Notes:
The Quad Cyber Challenge was launched by the QUAD member states (Australia, India, Japan, and the United States) to enhance the cyber security within their individual territories.
This campaigns calls on Internet users across the Indo-Pacific region and other places to join the pledge to practice safe and responsible cyber habits.

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:
Bangladesh will start receiving electricity from the Godda power plant in Jharkhand from the first week of March.
750 megawatt power will come from the first unit of Adani power plant in Godda in March. Another 750 megawatt of power will come from the second unit of the Godda power plant in April. The Bangladesh Power Development Board (BPDB) signed an agreement with Adani group for importing electricity.