Current Affairs Quiz - February, 2023

Notes:
US President Joe Biden recently delivered the State of the Union (SOTU) Address at the Joint Session of the Parliament in the US Capitol in Washington DC.
This is Biden’s second SOTU address. According to the country’s Constitution, the US President is required to deliver the state of the Union to Congress and recommend measures that he judges to be necessary and beneficial.

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:
Experts at the 5th International Marine Protected Areas Congress in Canada have recommended the setting up of Marine Protected Areas.
Marine protected areas are regions in the ocean where human activities are regulated by the government. These protected areas are set up to address issues such as pollution, litter, overfishing, and climate change.

Notes:
The US and Brazil, two of the world’s largest biofuels markets, are joining an India-led initiative of International Biofuels Alliance.
The Alliance will aim to boost demand for the lower-emissions energy source. India has also earmarked 350 billion rupees (USD 4.3 billion) in its union budget to promote energy security.

Notes:
Capital market regulator SEBI has launched operational guidelines on green bonds asking issuers to make additional disclosures along with its annual report and financial results.
The disclosures are pertaining to environmental sustainability objectives of such debt securities in the offer document. In addition, issuers of green bonds will have to disclose brief details of decision-making process followed for determining the eligibility of projects.

Notes:
The Gulf Cooperation Council (GCC) is a union of six Arab states namely Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
The Indian Government revealed that around half of India’s migrant population works in the Gulf Cooperation Council (GCC) countries. Most of the migrants are semi-skilled or unskilled workers, while 20-23% are white-collar professionals such as doctors, engineers, architects, chartered accountants, and bankers.

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:
PhonePe recently became the first Indian fintech company to enable payments abroad. It allows international transactions through Unified Payments Interface (UPI).
With this, Indian travellers can make UPI transactions to foreign merchants using PhonePe platform. Cross-border transaction facility by PhonePe will support all international outlets in UAE, Singapore, Nepal, Bhutan and Mauritius having local QR Code.

Notes:
The government of Rajasthan has allocated Rs 13,000 crore to implement ‘Eastern Rajasthan Canal Project’ during the recent state budget.
The objective of the Project is to harvest the surplus water collected during the rainy season in the Southern Rajasthan Rivers like Chambal and its tributaries like Kunnu, Parvati, and Kalisindh and transfer it to south- eastern districts.