Current Affairs Quiz - February, 2023

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:
The Yuva Sangam is an initiative which was launched to build close ties between the youth of the North East Region and rest of India under the spirit of Ek Bharat Shreshtha Bharat.
The Yuva Sangam registration portal was launched in New Delhi recently. Under the initiative over 20 thousand youth will travel across the country and gain opportunity of cross-cultural learning.

Notes:
The Asian Development Bank (ADB) has approved a loan of 130 million USD for the implementation of the Himachal Pradesh Subtropical Horticulture, Irrigation, and Value Addition Project.
The purpose of this project is to assist at least 15,000 farm households to make them more resilient to climate change through improved irrigation and water management.

Notes:
QR code-based coin vending machine or QCVM has been announced as a part of the recently concluded RBI Monetary policy.
QCVM is intended to dispense coins similar to how ATMs dispense currency notes. Coins can be withdrawn using the UPI QR code in designated vending machines. RBI plans to launch the product in 19 locations across 12 cities.

Notes:
India’s first “frozen-lake marathon” is going to be organised at Pangong Tso lake in the union territory of Ladakh.
This event will be held at an altitude of 13,862 feet and cover a distance of 21 kilometers. The marathon will start at Lukung and end at Maan village. The Indian Army and the Indo-Tibetan Border Police (ITBP) will oversee the event. This marathon is called the ‘Last Run’ to highlight the issue of climate change.

Notes:
The Emden Port is the western-most sea port in Germany’s coast. It is situated at the mouth of the Ems River into the North Sea.
The Pakistan government is providing military supplies to Ukraine via the Emden Port. It has recently dispatched rocket supplies from the Karachi port for Ukraine via the German port. More than 10,000 rockets have been shipped via this route to be used in Grad multi-barrel rocket launchers. Ukraine is helping Pakistan to upgrade its Mi-17 helicopters.

Notes:
Indian Space Research Organisation (ISRO), along with the Navy, started training for crew module recovery when it splashes down in the sea after re-entering the atmosphere.
This training was done as a part of preparation for its first human spaceflight (Gaganyaan). The training aims to finalise the standard operating procedure for the recovery of the crew members as soon as possible. The trials commenced at the water survival test facility of the Navy in Kochi.

Notes:
Union Minister Ashwini Vaishnaw inaugurated the National Philatelic Exhibition- AMRITPEX in New Delhi. Philately is the collection and study of postage stamps.
The event displays more than 20,000 exhibits under 13 competitive categories and a special section on Azadi Ka Amrit Mahotsav. The Department of Posts also released a Commemorative Postage Stamp on Azadi Ka Amrit Mahotsav.

Notes:
President of India Droupadi Murmu appointed governors in 12 states and a Union Territory while accepting the resignation of two Governors namely Maharashtra’s Bhagat Singh Koshyari and Ladakh’s Radha Krishnan Mathur.
Jharkhand Governor Ramesh Bais is now Governor of Maharashtra and Arunachal Pradesh governor Brigadier B D Mishra (retired) has been appointed as Lieutenant Governor of Ladakh.