Current Affairs Quiz - February, 2023

Notes:
The Digital Services Act was approved by the European Union in 2022 to update the bloc’s legal framework on illegal content, transparent advertising and disinformation on intermediaries and harmonize similar national laws in the EU.
Tech giants like Google, Twitter and Meta are facing stricter rules under the Digital Services Act. This Act categorizes those companies having more than 45 million users as very large online platforms. They are subject to obligations under the law like risk management and external and independent auditing.

Notes:
Indian Army organised a Women’s Snow Cricket Tournament in the bordering area of North Kashmir, under the Khelo India initiative, for local female cricketers.
For the first time, Indian Army along with the locals organised a Women’s Cricket Tournament for the local female cricketers in the area.

Notes:
Crimes against humanity are atrocities committed as part of a widespread or systematic attack targeting any civilian population. The term ‘crimes against humanity’ has been officially defined in the 1998 Rome Statute.
In a recent Security Conference, United States Vice President Kamala Harris says Russia committed ‘crimes against humanity’ in Ukraine.

Notes:
The third phase of ‘Sagar Parikrama’ initiative, which aims to resolve fishermen issues, is set to begin in Gujarat.
Sagar Parikrama is a journey across the coastal belt demonstrating solidarity with all fisherpersons, fish farmers as a spirit of 75th Azadi Ka Amrit Mahotsav. It is an initiative of Government of India, aiming to resolve the issues of the fishers and other stakeholders and facilitate their economic upliftment.

Notes:
Glacial lake outburst is an occurrence where water is suddenly released from a lake that is dammed by a glacier, causing flooding downstream.
According to a study titled ‘Glacial Lake outburst floods threaten millions globally,’ around 15 million people around the world are vulnerable to the glacial lake outburst. More than half of the vulnerable population live in India, Pakistan, Peru, and China.

Notes:
First loss default guarantee (FLDG) arrangement allowed fin-tech companies to provide a guarantee to compensate for up to a certain percentage of default in a loan portfolio.
The RBI has banned the FLDG arrangement under its digital lending guidelines due to concerns regarding fin-techs taking on default risks without regulation. Fintech lenders are exploring alternative business models.

Notes:
The Working Mechanism for Consultation and Coordination on India-China Border Affairs (WMCC) was established as a result of a 2012 agreement between India and China
Its main purpose is to facilitate regular and institutional exchanges between the two neighbours. Recently, the top official in India’s External Affairs Ministry visited China to attend the 26th WMCC. It was held in Beijing.

Notes:
The Indian Navy’s Information Fusion Centre for Indian Ocean Region (IFC-IOR) is located in Gurugram.
It is a regional maritime security centre that was launched in 2018. It aims to promote maritime security in the western Indian Ocean. It recently signed a Memorandum of Understanding (MoU) with the Regional Coordination Operations Centre (RCOC) of Seychelles.

Notes:
Lake Garda, which is famed for its clear waters, is situated in northern Italy. The historically low waters of Lake Garda caused by a winter drought have led to an unusual phenomenon of a sand and stone causeway appearing to connect a small island to the mainland.
The decline in water levels is attributed to the warm temperatures, lack of rain in six weeks, and declining snow in the surrounding mountains.

Notes:
The conclusion of the 18th World Security Congress witnessed the adoption of the Jaipur Declaration.
It was held jointly by India’s Railway Protection Force (RPF) and Paris-based International Union of Railways (UIC). This globally-recognized platform focuses on the current security challenges in the railways sector.