Current Affairs Quiz - February, 2023

Notes:
As per the CITES (the Convention on International Trade in Endangered Species of Wild Fauna and Flora) trade database, 28 incidents of Red Sanders confiscation, seizure, and specimen were exported from India.
These consignments were exported to China (53.5%), Hong Kong (25.0%), Singapore (17.8%) and the United States of America (3.5%) from 2016 to 2020. Red Sanders (Pterocarpus santalinus) or red sandalwood, is an endemic tree species with distribution restricted to the Eastern Ghats of India and is found in Andhra Pradesh.

Notes:
The United Nations General Assembly proclaimed 4 February as the International Day of Human Fraternity in 2020.
It celebrates the values of compassion, religious understanding, and mutual respect. On the occasion, the UN chief called for renewed commitment to form an ‘alliance of peace’ amid a surge in hate speech, sectarianism and strife.

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.

Notes:
The Reserve bank of India (RBI) has recently announced regulatory measures on climate risks and sustainable finance.
The new guidelines focused on creating a broad framework for promoting the acceptance of green deposits, a disclosure framework on financial risks associated with the climate crisis and guidelines for climate scenario analysis and stress testing.

Notes:
The US State Department gave the nod for the sale of M142 High Mobility Artillery Rocket System (HIMARS) launchers to Poland.
The HIMARS and the related equipment will be sold to Poland at a cost of around USD 10 billion. HIMARS (High Mobility Artillery Rocket System) is a type of artillery system that can fire long-range rockets with pinpoint accuracy. It has been used in the conflict between Ukraine and Russia.

Notes:
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.

Notes:
North Korea stole more cryptocurrency assets in 2022 than in any other year, as per a recent report by United Nations.
As per the report, most of the money stolen was used to support its ballistic missile and weapons of mass destruction programmes. North Korea-linked hackers stole virtual assets worth USD 630 million while its cyber currency heist stood at USD 1 billion.

Notes:
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.

Notes:
The One District One Product (ODOP) initiative is aimed at promoting balanced regional development across all districts of the country.
ODOP has been merged with ‘Districts as Export Hubs Initiative’ being run by the Department of Commerce (DoC) with Department for Promotion of Industry and Internal Trade (DPIIT) as a major stakeholder. Under the ODOP- Districts as Export Hubs initiative, products with export potential have been recently identified from all 765 districts of the country.

Notes:
Quasicrystal is a substance that has atoms orderly arranged like a crystal but its atomic structure is more complex and does not repeat periodically in all directions. This unique complex pattern makes it different from a normal crystal.
Recently, a new type of quasicrystal was discovered in the north central Nebraska’s Sand Hills in the USA.  It had 12-fold symmetry. It may have been created during an accidental electrical discharge because of a downed power line or a lightning strike.