Current Affairs Quiz - February, 2023

Notes:
The Tourism Ministry will organise first Global Tourism Investors’ Summit from this year in New Delhi to showcase opportunities in the Tourism and hospitality sector.
The Summit will deliberate on potential opportunities for investment across tourism segments including hotels and restaurants, adventure and eco-tourism, cruise, and other related tourism sectors.

Notes:
Paytm Payments Bank Limited (PPBL) has enabled UPI LITE, a feature designed by National Payments Corporation of India (NPCI).
With this launch, PPBL has become the first payments bank to launch the feature. A UPI LITE wallet allows a user to do instant transactions of up to ₹200. A maximum of ₹2,000 can be added twice in a day to UPI LITE, making the cumulative daily usage up to ₹4,000.

Notes:
The first-ever G20 Culture Working Group (CWG) meeting is set to take place in Khajuraho, India. It will focus on protecting and restoring cultural property.
This exhibition will showcase 25 artifacts that have been returned to India after being smuggled out of the country. The CWG’s goal is to reduce illicit trafficking of cultural property by 2030, regulate online trading platforms, and raise public awareness about restitution laws and conventions.

Notes:
Israel has passed a new Citizenship Law that allows the deportation and stripping of citizenship of individuals who received funding from the Palestinian Authority or an associated organization.
This legislation amends Israel’s 1952 Citizenship Law. The new law applies to Israeli citizens and permanent residents, who are imprisoned after being convicted for terror, aiding terror, harming sovereignty, inciting war and assisting the adversary during the times of war.

Notes:
North India’s first nuclear power plant is coming up in Gorakhpur, Haryana, about 150 km north of the national capital.
Department of Atomic Energy has been given permission to set up joint ventures with PSUs for resources to open atomic energy plants.

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:
Kaziranga National Park is a protected area located in the Indian state of Assam. It is home to a large population of one-horned rhinoceroses,
As of 2018 census, 2,613 rhinos are living in the park. The Central government has sought a factual report on the rhino population numbers in the National Park and Tiger Reserve based on the survey conducted in March 2022. Earlier, an activist found the possibility of number of rhinos being inflated.

Notes:
According to Kenya’s National Green Fiscal Incentives Policy Framework, the government is planning to introduce a traffic congestion charge and a new tax for manufacturers who emit significant amounts of carbon.
The purpose of this proposal is to reduce carbon emissions, alleviate air pollution, and tackle traffic congestion in major cities and towns.

Notes:
The Asia-Pacific Conference of German Business (APK) is a flagship event that provides platform to strengthen personal and economic ties between countries in Europe and the Asia-Pacific region.
India is likely to host the Asia Pacific Conference of German Businesses in 2024. This was announced during the visit by German chancellor Olaf Scholz to India. The visit largely focused on the war in Ukraine and cooperation in green hydrogen.

Notes:
The ‘Barisu Kannada Dim Dimava’ cultural festival will be inaugurated by Prime Minister Narendra Modi in Delhi.
The festival is part of the ‘Ek Bharat Shreshtha Bharat’ initiative of the Indian Government. The ‘Barisu Kannada Dim Dimava’ cultural festival celebrates the cultural heritage of Karnataka. It is organized under the Azadi Ka Amrit Mahotsav. This festival will feature various art forms from Karnataka such as dance, music, drama, poetry etc.