Current Affairs Quiz - February, 2023

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:
Union Sports Ministry formed an Oversight Committee to probe allegations against the Wrestling Federation of India (WFI).
Former wrestler Babita Phogat has joined the Oversight Committee panel. The Oversight Committee is also conducting an enquiry into the allegations of sexual misconduct, harassment, intimidation, financial irregularities and administrative lapses of WFI.

Notes:
Bengaluru -based start-up, Beta Tank Robotics, has developed a robot which can operate in oil tanks in petroleum refineries.
It was incubated at IIT Guwahati, and the project was funded by State-owned Oil India Limited. The robot does the job similar to a vacuum cleaner and thereby eliminates risks to human beings.

Notes:
Congo has recently joined the India-led International Solar Alliance. The Ambassador of Republic of Congo signed the International Solar Alliance Framework Agreement.
The Democratic Republic of the Congo is a country in Central Africa bordered by the South Atlantic Ocean. DRC is the second-largest country in Africa by area.

Notes:
Medium-density Amorphous (MDA) Ice is a new form of ice that was recently discovered by scientists. This ice has same density and structure as water.
The ice was created by scientists in a container with stainless steel balls at a -200°C. The MDA ice does not have any ordered structure. It will provide the opportunity to improve the understanding of the properties of water.

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:
Guru Ravidass Jayanti is celebrated to mark the birth of Guru Ravidas, a mystic poet-saint of the Bhakti movement during the 15th century.
The poet was a contemporary of Kabir Das and he taught monotheistic spirituality and message of equality and liberation from Indian caste system. His teachings are widely followed in states like Bihar, Uttar Pradesh, Gujarat, Maharashtra, Haryana, among others.

Notes:
The Eagle 44 (Oghab 44) is the first underground air force base of Iran. It is capable of housing fighter jets equipped with cruise missiles.
The unveiling of the Oghab 44 is seen as a display of Iran’s aerial military strength in response to a joint drill conducted by the US and Israel. It will host jets and drones equipped with long-range cruise missiles to destroy adversary targets in case of attack.

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:
UNESCO is set to announce Visva-Bharati University as a heritage university and it is set to become the world’s first living heritage university.
It was founded by Rabindranath Tagore in 1921, as a center for culture, promoting the arts, language, humanities, music, and culture studies. Rabindranath Tagore’s philosophy of open-air education is followed at the university.