Current Affairs Quiz - February, 2023

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:
Myanmar’s military-led government has inaugurated a nuclear power information centre, along with Russia’s state atomic energy company.
This is seen as a step toward developing atomic power to fill energy shortages in the Southeast Asian nation. Myanmar hopes to build and operate a reactor under a preliminary agreement between Myanmar and Russia’s Rosatom that was signed in 2015

Notes:
In the fifth Khelo India Youth Games recently concluded in Madhya Pradesh, Maharashtra ranks first in the medal table with 161 medals including 56 gold medals. Maharashtra had already won the titles in 2019 and 2020.
Haryana claimed the first runners-up trophy with 128 medals, followed by the hosts Madhya Pradesh in the third place.

Notes:
The Monetary Policy Committee (MPC) of the Reserve Bank of India hiked the key policy rate, the Repo rate by 25 basis points to 6.50 per cent in a bid to control the retail inflation.
The RBI has increased the repo rate by a cumulative 250 basis points to 6.50 per cent since May this year. The RBI has projected GDP growth for the next fiscal (FY2024) at 6.4 per cent.

Notes:
India launched ‘Operation Dost’ to extend assistance to Turkey and Syria after the devastating earthquake.
The seventh ‘Operation Dost’ flight reached earthquake-hit Syria with over 23 tons of relief material. According to the Ministry of External Affairs, the flight is carrying more than 35 tons of relief material, of which over 23 tons is headed for relief efforts in Syria, and around 12 tons to Turkey.

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.

Notes:
As per YouGov’s latest report, over a third of urban Indians have claimed that their disposable income has decreased in the last 12 months.
Putting money in their savings (33 per cent), paying for health insurance (26 per cent) and investments in stocks and shares (21 per cent) were the top three financial activities done in the past 12 months, as per the report.

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:
Eighteen-year-old Jerlin Anika Jayaratchagan, a Deaflympic champion, qualifies in the general category at the Olympics.
Jerlin Anika became the first Woman Deaflympian to receive the prestigious Arjuna Award. She holds the record of the youngest player to represent India in Summer Deaflympics at the age of 13 She clinched three gold medals at the 2021 Summer Deaflympics.

Notes:
The 3rd ASEAN Digital Ministers (ADGMIN) meeting with India was held on a virtual platform. India and Philippines co-chaired the meeting and adopted India-ASEAN Digital Work Plan 2023.
In 2022, ASEAN India Friendship Year was celebrated, commemorating 30th anniversary of establishment of dialogue relations with ASEAN. It was held under the theme ‘Synergy Towards a Sustainable Digital Future’.