Current Affairs Quiz - February, 2023

Notes:
The Budget presented by Kerala announced a road map for setting up green hydrogen hubs in Kochi and Thiruvananthapuram in the next two years.
A scheme of ₹200 crore has been announced for viability gap funding/grant/equity support to set up the green hydrogen hubs. An amount of ₹20 crore is earmarked additionally for the purpose in the Budget.

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 Black Galaxy or ‘Invisible galaxy’ was recently discovered by researchers in Italy. It was found and characterised using the Atacama Large Millimeter/Submillimeter Array.
The Black Galaxy is compact and has a large amount of interstellar dust. It is forming stars at a rate 1,000 times faster than the Milky Way.

Notes:
Experts at the 5th International Marine Protected Areas Congress in Canada have recommended the setting up of Marine Protected Areas.
Marine protected areas are regions in the ocean where human activities are regulated by the government. These protected areas are set up to address issues such as pollution, litter, overfishing, and climate change.

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:
Scientists have discovered the oldest known stone tools in Kenya, dating back 2.9 million years, known as Oldowan toolkit.
This toolkit included hammer-stones, cores and flakes. It is a critical invention for early human ancestors that expanded across Africa and China. The discovery provides a glimpse of importance of stone technology in adapting to different environments.

Notes:
PK Rosy, was the first actress in Malayalam cinema. She is famed for defying gender and social norms by acting in a film.
On her 120th birth anniversary, she was honored with a Google Doodle. PK Rosy belonged to a Dalit subcaste and learnt the traditional Kakkarissi Nattakam. Her debut film was Vigathakumaran (The Lost Child, 1928).

Notes:
US Federal Reserve, the country’s central bank recently introduced Wall Street bank stress-test scenarios.
The central bank will examine the ability of the 23 biggest US lenders to withstand crisis conditions without degrading their capital. For the first time, the so-called stress test will feature an ‘exploratory market shock’ to the trading books of the largest and most complex banks.

Notes:
The government of Rajasthan has allocated Rs 13,000 crore to implement ‘Eastern Rajasthan Canal Project’ during the recent state budget.
The objective of the Project is to harvest the surplus water collected during the rainy season in the Southern Rajasthan Rivers like Chambal and its tributaries like Kunnu, Parvati, and Kalisindh and transfer it to south- eastern districts.

Notes:
Nigeria has recently announced demonetization to address corruption and bring down inflation. Its purpose is to bring back most of the money that is in circulation outside the banking system and to minimize money laundering.
Nigerians are required to turn in their old 1,000, 500 and 200 naira banknotes as part of this initiative in return for new naira notes. With the African country being largely dependent on cash, the shortage of new naira notes is causing chaos in Nigeria.