Current Affairs Quiz - February, 2024

Notes:
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.

Notes:
The German eROSITA consortium has released data from the first all-sky survey conducted by the eROSITA X-ray telescope on the Russian-German SRG observatory. eROSITA stands for extended ROentgen Survey with an Imaging Telescope Array and is the main instrument on the Russian spacecraft Spektrum-Roentgen-Gamma (SRG). Launched in July 2019, it maps the entire celestial sphere every six months, with eight surveys planned until December 2023. The survey aims to provide insights into various astrophysical phenomena, including supermassive black hole evolution and X-ray-emitting solar system bodies.

Notes:
China has imposed a ban on the import of ruminants and related products from Iraq due to a bluetongue disease outbreak. Bluetongue is a non-contagious viral disease affecting domestic and wild ruminants, transmitted by insects’ particularly biting species of Culicoides midges. The virus belongs to the Reoviridae family with 24 identified serotypes. Symptoms vary, but sheep are most severely affected. The disease is globally distributed in regions where the insect vector thrives, posing a threat to various species with transmission facilitated by the infected vector.

Notes:
Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, highlighted farmer’s welfare and rural demand in the interim budget 2024-25. The budget emphasizes achieving ‘atmanirbharta’ in oil seeds, outlining strategies like research for high-yielding varieties, modern farming techniques adoption, market linkages, procurement, value addition, and crop insurance for mustard, groundnut, sesame, soybean, and sunflower.

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Emerge-2024 is India’s first beachside startup festival, taking place February 16–18, 2024 at Tannirbhavi Beach in Mangaluru. The festival is expected to feature more than 100 startups, 50 investors, and around 1,000 participants.

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The theme for World Wetlands Day 2024 is “Wetlands and Human Wellbeing”. The theme highlights how wetlands and human life are interconnected, and how people gain sustenance, inspiration, and resilience from wetlands. World Wetlands Day is celebrated on February 2nd each year. It’s an international day that promotes the sustainable management and conservation of wetlands.

Notes:
The flightless Aldabra rail, scientifically known as Dryolimnas cuvieri aldabranus, was thought extinct 130,000 years ago but reappeared through iterative evolution. Residing on a coral atoll off Africa’s southeast coast, it resembles a chicken with a gray back, red head, and white throat. A subspecies of the white-throated rail, it’s the only flightless bird in the Indian Ocean. The Aldabra rail evolved twice, losing its ability to fly, a phenomenon explored in a 2019 Zoological Journal study on the atoll’s fossil record. Iterative evolution involves the repeated emergence of traits from the same ancestral lineage at different times.

Notes:
The formal launch of India’s Unified Payment Interface (UPI) occurred during Republic Day celebrations in Paris, with French President Emmanuel Macron present. The Indian Embassy introduced UPI at the Eiffel Tower, marking its global expansion. Developed by the National Payments Corporation of India in 2016, UPI consolidates multiple bank accounts into a single mobile application, offering a convenient system for managing diverse accounts on one platform.

Notes:
The Union Agriculture Minister revealed in Rajya Sabha that Thrips Parvispinus, an invasive pest, may have displaced native chilli thrips in Telangana and Andhra Pradesh. This polyphagous pest affects various crops, including drumstick, pigeon pea, and mango. Originally reported in India in 2015, Thrips Parvispinus has spread globally, causing economic losses and viral infections. The pest’s infestation, exacerbated by heavy rainfall, leads to flower drop, reducing fruit production, posing a threat to horticultural crops amid changing agricultural practices and climate conditions.

Notes:
Nikhil Mukund Wagh, a public relations officer at Goa Shipyard Limited, was awarded the 2024 Maha Gaurav Award in February 2024. The award was presented by Maharashtra Deputy CM Ajit Pawar on behalf of the Digital Media Editor Journalist Association Maharashtra.