Current Affairs Quiz - February, 2023

Notes:
India and the USA have agreed to constitute task force to boost cooperation in semiconductor industry.
The task force will involve India’s Semiconductor Mission, India Electronics Semiconductor Association and the US Semiconductor Industry Association.  This was announced during the inaugural meeting of the initiative on Critical and Emerging Technologies (iCET).

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:
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:
NAMASTE is a Central Sector Scheme of the Ministry of Social Justice and Empowerment (MoSJE) as a joint initiative of the MoSJE and the Ministry of Housing and Urban Affairs (MoHUA).
NAMASTE stands for National Action Plan for Mechanised Sanitation Ecosystem). This year’s Union Budget has allotted Rs 100 crore to the scheme. Finance Minister announced that the government is looking to enable 100% mechanical de-sludging of septic tanks and sewers in all cities and towns.

Notes:
World Cancer Day is observed every year on February 4, to unite the world in the fight against cancer.
The first Cancer Day was celebrated in Geneva, Switzerland in the year 1933. It was led by the World Health Organisation. The theme for World Cancer day for the last three years – 2022, 2023 and 2024 is “Close The Care Gap”.

Notes:
The First G-20 Energy Transition Working Group meeting was recently inaugurated in Bengaluru in the presence of Union Minister of Power and New and Renewable Energy R K Singh and Union Minister of Coal and Mines Prahlad Joshi.
India stands committed to reduce emissions intensity of GDP by 45 percent by 2030 from 2005 level. The country also aims to achieve close to 50 percent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.

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:
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 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.