Current Affairs Quiz - February, 2024

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The Government of Tamil Nadu introduces the Ungalai Thedi Ungal Ooril Scheme 2024, offering citizens monthly access to state government schemes and scholarships. This initiative aims to review project performance, inspect infrastructure, and address public concerns, ensuring effective implementation of government programs.

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The International Monetary Fund (IMF) has upgraded India’s GDP growth forecast to 6.7% for the current fiscal year, a 40 basis points rise from the previous estimate of 6.3%. This positive revision is credited to strong public investment and positive labor market trends, as outlined in the latest World Economic Outlook report.

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The Reserve Bank of India (RBI) has imposed restrictions on Paytm Payments Bank (PPBL). The restrictions will come into effect on February 29, 2024. The RBI has ordered PPBL to stop accepting fresh deposits in its accounts or wallets after February 29, 2024. The RBI has also ordered PPBL to halt deposits and credit transactions after February 29, 2024. Customers will face restrictions on deposits, credit transactions, and top-ups. Certain services, including fund transfers and UPI facilities, will be discontinued. The RBI’s action against PPBL follows a comprehensive system audit report and subsequent compliance validation report of external auditors.

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The 2024-25 government budget is projected at Rs 47, 65,768 crore (47.66 lakh crore), indicating a 6% rise from the revised 2023-24 estimate. Anticipated growth includes a 3.2% increase in revenue expenditure and a significant 16.9% surge in capital expenditure, reflecting fiscal priorities and economic strategies for the upcoming year.

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Banaras Hindu University (BHU) inaugurates North India’s first human DNA bank, equipped with an Automated DNA Extractor Machine developed indigenously under the ‘Make in India’ initiative. Installed at the Gnyaneshwar Lab in the Zoology Department on January 30, 2024, the machine minimizes plastic usage, ensuring environmental sustainability. It efficiently extracts DNA from various biological materials, accommodating 32 samples in 30 minutes. The initiative stemmed from a three-day conference on Personalized Medicine held in March 2023, where BHU expressed readiness to establish a genome bank inspired by Estonia.

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The GRAPES-3 experiment, situated in Ooty, India and operated by the Tata Institute of Fundamental Research, made a significant discovery in the cosmic-ray proton spectrum, revealing a new feature at 166 TeV. Equipped with air shower detectors and a large muon detector, GRAPES-3 aims to investigate the origin, acceleration, and propagation of cosmic rays, including the existence of the “Knee” in their energy spectrum. It also explores the production of highest-energy cosmic rays, astronomy of multi-TeV γ-rays, and the impact of the Sun on Earth.

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Justice Ritu Bahri made history by becoming the first woman Chief Justice of Uttarakhand High Court, taking the oath administered by Governor Lieutenant General Gurmeet Singh. Previously a senior judge in Punjab and Haryana High Court, Bahri’s appointment marks a milestone for Uttarakhand. Chief Minister Pushkar Singh Dhami, Tourism Minister Satpal Maharaj, Higher Education Minister Dhan Singh Rawat, and Chief Secretary Radha Raturi were present at the swearing-in ceremony.

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NASA has identified a potential “super-Earth,” TOI-715 b, situated 137 light-years away. This distant planet orbits a small, reddish star within the conservative habitable zone, indicating the possibility of liquid water. TOI-715 b is 1.5 times wider than Earth, completes an orbit in just 19 days, and may have a companion Earth-sized planet. NASA’s findings suggest conditions for surface water, pending atmospheric factors. This groundbreaking discovery opens avenues for further investigation into extraterrestrial life.

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Cameroon recently adopted the Nagoya Protocol, a global agreement enforcing access and benefit-sharing obligations outlined in the Convention on Biological Diversity. Adopted in 2010 and effective since 2014, the Protocol establishes a legal framework facilitating fair and equitable sharing of benefits from genetic resource utilization. It supports biodiversity-based research, ensuring researchers access resources for biotechnology while indigenous communities receive fair returns, respecting the value of traditional knowledge linked to genetic resources.

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The Uttar Pradesh government is prioritizing electric vehicle (EV) use and manufacturing through the development of the ‘EV Upyog’ portal. The Uttar Pradesh Development Systems Corporation Limited (UPDESCO) is hiring a software development agency for one year to upgrade the portal, which will include features like cloud storage, database capabilities, and specialized software. The Ministry of Electronics and IT Empanelled Service Provider will oversee the cloud server integration, emphasizing cybersecurity, cost-effectiveness, scalability, integration, API convenience, and reliability.