Current Affairs Quiz - February, 2023

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Glacial Lake Outburst Floods, or GLOFs, are sudden and powerful releases of water from glacial lakes due to the failure of a dam made of glacial materials.
GLOFs are dangerous in mountainous areas, where they can lead to flash floods, landslides, and other environmental risks. According to a new study, over 3 million individuals in India are at risk from GLOF.

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National Industrial Corridor Development and Implementation Trust (NICDIT) is an apex government body that comes under the aegis of the Department of Industrial Policy and Promotion (DIPP).
It is responsible for development of industrial corridors like Chennai-Bengaluru Industrial Corridor, Bengaluru – Mumbai Industrial Corridor and others. The Indian Government has sanctioned and approved 8 projects under NICDIT.

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Prime Minister Narendra Modi dedicated to the nation Hindustan Aeronautics Limited (HAL) Helicopter Factory at Tumakuru in Karnataka.
The factory is India’s largest helicopter manufacturing facility and will initially produce LUHs. He also unveiled the Light Utility Helicopter (LUH). Initially, this factory will produce around 30 helicopters per year and can be enhanced to 60 and then 90 per year in a phased manner.

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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.

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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.

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Former US secretary of state Hillary Clinton announced a Global Climate Resilience Fund of 50 million dollars for women to fight climate change.
She announced the fund while addressing salt pan workers near Kuda village in Gujarat’s Surendranagar district. The fund will empower women and communities to fight climate change and help provide new livelihood resources and education.

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‘World Pulses Day’ is observed on February 10 to raise global awareness about the importance of pulses as a stable global food source that delivers nutritional and environmental security across the world.
The theme for World Pulses Day 2023 is ‘Pulses for a Sustainable Future’.

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India signed a MoU with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council (IMT-GT JBC), to promote adoption of energy efficiency.
The MoU was signed during the Working group meeting of G20 on energy transition at Bengaluru. The MoU aims to further promote the adoption of energy efficiency and sustainable practices. Energy Efficiency Services Limited (EESL) signed MoU with IMT-GT JBC coinciding with the India Energy Week celebrations.

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Union Rural Development Minister Giriraj Singh recently inaugurated Mission Antyodaya Survey (MAS) 2022-23.
The objectives of the scheme are- conducting an annual survey at the Gram Panchayat level to monitor the progress in the development process in rural areas, Panchayat wise ranking and making Gap report, which serves as an important input for the Gram Panchayat Development Plan (GPDP).

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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.