Current Affairs Quiz - January, 2021

Notes:
A team of archaeological experts have discovered tombs with the remains of two children claimed to have belonged to the Incan empire.
The tombs were discovered as part of excavations at the ‘Huaca de las Abejas’ complex in the Lambayeque city. The Incan Empire was the largest empire in pre-Columbian America. The Inca civilization is said to have arisen from Peru in the early 13th century.

Notes:
The state Government of Gujarat has entered into an MoU with Adani Ports and SEZ Limited. The MoU aims to establish India’s biggest multi-model logistics park at Virochan Nagar, near Sanand in Ahmedabad.
The park would be constructed at 1,450 acres and would have an investment of Rs.50,000 crore. It is expected to provide direct and indirect employment to 25,000.

Notes:
The Maharashtra government is launching a new initiative named Jail Tourism in the state.
As a part of the programme, jails where many freedom fighters were jailed will be developed as Tourism sites. From January 26, 2021 the state has launched the programme starting with the 150-year-old Yerawada Jail. It will also include Nagpur, Thane, and Ratnagiri Jails.

Notes:
Former Japanese Prime Minister Shinzo Abe has been honoured with the Padma Vibhushan, the second highest civilian award in India.
President has approved conferment of 119 Padma awards comprising 7 Padma Vibhushan, 10 Padma Bhushan and 102 Padma Shri awards. Former Chief minister of Assam Tarun Gogoi and former union minister Ram Vilas Paswan have been awarded the Padma Bhushan.

Notes:
The Union Agriculture Ministry has proposed a Rs 19,000 crore National mission on edible oil for approval in the upcoming budget.
The mission seeks a five-year plan to achieve self-sufficiency in cooking oil production along with cutting its import. India spends almost Rs 75,000 crore annually in importing edible oil which will also promote local production and cut its cost.

Notes:
Indian IT major Tata Consultancy Services (TCS) has surpassed Accenture, to become the world’s most valued IT services company.
The Market Capitalization of TCS surged to USD 169.9 billion recently. Tata Consultancy Services (TCS) is also India’s largest software exporter.

Notes:
World Economic Forum (WEF) launched a global coalition at the ongoing Davos Agenda Summit to end racism at work place.
It has been named as “Partnering for Racial Justice in Business” initiative. Recently, Indian companies Infosys and Tata Consultancy Services joined the alliance, whose founding members include 48 organisations including Google, Microsoft, Deutsche Bank, EY, among others.

Notes:
The Cabinet Committee on Economic Affairs (CCEA) approved the Minimum Support Prices (MSPs) for milling copra and ball copra.
As per M S Swaminathan recommendations, the increase in MSP has been approved. The MSP of copra was raised by Rs 375 from the previous year, 2020 to Rs 10,335 per quintal. Farmers of 12 coastal states are likely to impact by the price hike.

Notes:
The report, titled ‘Ageing water infrastructure: An emerging global risk’ was compiled by United Nations University’s Institute for Water, Environment and Health.
As per the report, over a thousand large dams in India will be almost 50 years old in 2025. It also warns about the threat posed by the aging structures across the world. As per the UN report, a large concrete dam begins to express signs of ageing at 50 years.

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.