Current Affairs Quiz - January, 2021

Notes:
Rajasthan state has launched the new M-Sand Policy-2020 recently. The state Chief Minister Ashok Gehlot said the state government aims to meet the quantity of sand needed for construction work in the state.
This would encourage the production of manufactured sand or M-sand and reduce the dependence on traditional sand.

Notes:
Lt. Col. (Retd.) Quazi Sajjad Ali Zahir and musicologist Sanjida Khatun, who belong to Bangladesh have been conferred with India’s Padma Shri award for the year 2021.
This is seen as a soft diplomatic move of the country. These awards were announced on the eve of Republic Day. This year, 7 Padma Vibhushan, 10 Padma Bhushan and 102 Padma Shri awards have been conferred.

Notes:
The DRDO’s Integrated weapons system design centre has been inaugurated by the Vice President M Venkaiah Naidu at Dr APJ Abdul Kalam Missile Complex – Hyderabad.
This centre would set an all-new platform for enhanced design – development for surface to air missile (SAM) systems and ballistic missile defence (BMD) systems.

Notes:
The United States President Joe Biden signed an executive order, which would impose rules on government procurement practices.
Dubbed as the ‘Buy American’ order, it aims to strengthen domestic manufacturing and ensure better access to small and midsize businesses. This is a part of the ‘Build Back Better recovery plan’ proposed by Joe Biden.

Notes:
The United States Senate confirmed veteran economist Janet Yellen as first woman Treasury Secretary of the country.
The 74-year-old eminent economist is also the Former chairperson of the Federal Reserve during the Global Financial Crisis. She is the third cabinet member of the Biden Administration to be confirmed by the Senate.

Notes:
The West Bengal Transport Corporation in association with a heritage book store has launched a Young Readers’ Boat Library.
Under the initiative, children can choose from a selection of 500 titles in English and Bengali on cruising on the waters of Hooghly river on a three-hour-long trip.

Notes:
Freedom fighter and late former Union home minister Govind Ballabh Pant’s statue was relocated from the Parliament complex, as the construction for the new building commenced.
The statue was later unveiled in New Delhi’s Pandit Pant Marg. He was also the first Chief Minister of the state of Uttar Pradesh, from 1950 to 1954. He was also awarded with the highest honour of India, the Bharat Ratna.

Notes:
The report titled “World Gold Demand Trends” has been released by the World Gold Council. As per the report, Gold purchase by central banks of various countries declined sharply in 2020 and fell by nearly 60% to 272.9 tonnes.
The decline in purchase was most particular in Q2 of the FY 2020-21.

Notes:
The Budget Session of Parliament recently began with the address of President Ram Nath Kovind to the joint sitting of both Houses of Parliament.
During the address, the President mentioned that the ‘Amrut Mahotsav’ will be observed in the country from this year, to mark commencement of the celebrations towards the 75th year of India’s Independence.

Notes:
The state government of Rajasthan has recently reduced value-added tax (VAT) by two percent on petrol and diesel. This has relaxed the fuel prices in the state. Recently, the price of premium petrol price crossed Rs.100 in the state.
Petrol, Diesel and other fuels in India have been kept outside the ambit of Goods and Services Tax (GST). Presently, the state governments determine the VAT on these fuels.