Current Affairs Quiz - February, 2023

Notes:
The Indian military forces concluded a joint training exercise named ‘Trishakti Prahar, which began in North Bengal.
As per defence sources, the aim of the exercise was to practice battle preparedness of the security forces, using latest weapons and equipment in a networked, integrated environment, involving the Army, the Indian Air Force and CAPFs.

Notes:
Lucknow will host the first meeting of the G20 Digital Economy Working Group (DEWG). A Digital India Mobile Van has been introduced with respect to the meeting.
The Digital India Mobile Van will tour other cities in the country, enlightening citizens about G20 DEWG and Digital India’s key initiatives including PMJDY, DigiLocker, Aadhaar, UMANG, e-Way Bill, e-Aushadhi, Aarogya Setu, Co-WIN, e-Rupi, and India Stack Global.

Notes:
Ricky Kej is an Indian musician and environmental activist. The Indian music composer recently won his third Grammy Award for the album ‘Divine Tides’.
He is the youngest person to win this award and only the fourth Indian to achieve this feat. He recently made another history by becoming the only living Indian to win the Grammy Award thrice.

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 Quad Cyber Challenge was launched by the QUAD member states (Australia, India, Japan, and the United States) to enhance the cyber security within their individual territories.
This campaigns calls on Internet users across the Indo-Pacific region and other places to join the pledge to practice safe and responsible cyber habits.

Notes:
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.

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:
The government has set up a special committee to examine the need for a separate competition law for digital companies.
Chaired by Corporate Affairs Secretary Manoj Govil, the committee will review whether existing antitrust laws in the country are equipped to deal with the challenges that have emerged from the digital economy, and submit to the government a draft Digital Competition Act within three months.

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.