Current Affairs
Select Date
Tags:
Hindi
Share

Important Current Affairs 20th March 2020

International

Summits and Mou’s

Defence Ministry signs Rs 880 crore agreement for light machine guns with Israel

• Union Defence Ministry recently signed Rs 880 crore capital acquisition contract with the Israel Weapons Industries (IWI) for over 16000 light machine guns.

• As per the contract, the Israeli firm will provide Negev 7.62x51 mm light machine guns to the Armed Forces of India. Several countries are already using these guns.

Sports

Appointments and Resignations

Former SBI Head Arundhati Bhattacharya Resigns from CRISIL Board

• Arundhati Bhattacharya, the ex-chairman of State Bank of India, has submitted her resignation as an Independent Director of the Crisil Ltd (a global analytical company providing ratings, research, and risk and policy advisory services).

• The reason for her resignation is to accept the role as a full time Chairperson and CEO for the India operations of Salesforce, USA, the global giant in customer-relationship management (CRM) service.

• Currently, she is also the chairman of SWIFT India, part of a global payments network.

Ranking

India becomes third largest electricity producer in the world

• India has become the third-largest electricity producer in the world, as its power generation has increased to 34% by 2017 compared to seven years ago.

• Now, the country produces more energy than Japan and Russia seven years ago, compared to India, which were installing 27% and 8.77% more power generation capacity respectively.

• According to a report by India Brand Equity Foundation (IBEF), a trust set up by the Ministry of Commerce, electricity generation stood at 1,003.525 billion units from April 2017 to January 2018.

Days

International Day of Happiness observed globally on 20 March

• International Day of Happiness is celebrated globally on 20th March every year. The 2020 International Day of Happiness campaign theme is ‘Happiness For All, Together’.

• International Day of Happiness campaign theme is a call on all 7.8 billion members of the global human family, and all 206 nations and territories of planet earth, to unite in solidarity, and steadfast resolve, in fighting back against the COVID 19 Coronavirus.

India ranks second in probes on foreign bribery, enforcement drags globally; Top- Brazil

• India has been ranked at the second place in terms of the number of investigations concerning alleged bribery of domestic officials by foreign firms as per the 10th Annual Global Enforcement Report of TRACE International.

• Brazil has topped the report. China is on third.

Read More
Read Less
Share

Important Current Affairs 19th March 2020

National

Ranjan Gogoi takes oath as Member of Rajya Sabha

• Ranjan Gogoi has served as the 46th Chief Justice of India. During his 13-month long tenure as the Chief Justice of India, various landmark decisions were delivered by the Supreme Court including the Ayodhya case, on the decriminalisation of homosexuality, the entry of women into Kerala’s Sabarimala temple and the Rafale jet deal along with Assam’s National Register of Citizens (NRC).

International

Banking and Economy

Appointments and Resignations

Arundhati Bhattacharya appointed Salesforce India CEO

• Former SBI chairperson Arundhati Bhattacharya will be the CEO of Salesforce India. Arundhati Bhattacharya will take over as Chairman and CEO of Salesforce India in April 2020.

• Salesforce India is among the top companies of Customer Relationship Management (CRM) software worldwide. Arundhati Bhattacharya is also currently working as an independent director at Wipro.

Noel Quinn Appointed as the permanent chief executive of HSBC

• HSBC Holdings Plc has appointed Noel Quinn as the permanent CEO of the bank on 17 March 2020.

• Quinn had been serving as interim CEO since August 2019, after the unexpected resignation of John Flint from the post.

• Mr Quinn had been working with the bank for over 30 years, after joining the lender in 1987.

Read More
Read Less
Share

Important Current Affairs 18th March 2020

National

Microsoft, NASSCOM launches Innovate for Accessible India campaign

• Microsoft India and NASSCOM Foundation have launched the Innovate for Accessible India campaign to empower people with disabilities.

• The campaign aims at empowering people with disabilities with the technology and tools required for better integration into society and access to equal opportunities.

• The campaign is in partnership with Department of Empowerment of Persons with Disabilities, Department of Science and Technology, and National Research and Education Network.

International

Iraq's President nominates Adnan Zurfi as Prime Minister

• Iraq's President Barham Salih named Adnan Zurfi, former governor of the holy Shia city of Najaf, the new prime minister of the country. It is a second attempt to find the head of government in recent months.

• He will replace outgoing Prime Minister Adil Abdul-Mahdi. Mahdi resigned from his post in December after huge protests against his government.

Banking and Economy

Flipkart Joins Hand with Aegon to sell digital life insurance policies

• E-commerce major Flipkart has partnered with Aegon Life Insurance to sell paperless life insurance policies on its platform.

• The product aims to make life insurance available to customers at the click of a button in a convenient and transparent manner, without the requirement of medical tests or paperwork.

• All the existing Flipkart customers, aged between 18 and 65 years, can buy an instant digital policy with a sum assured of upto 10 lakh from March 2020.

Moody predicts India’s GDP growth at 5.3% for 2020, 5.8% in 2021

• Moody’s Investors Service has predicted India’s GDP growth rate for Calendar Year 2020 at 5.3% and for Calendar Year 2021 at 5.8%.

• Moody has downgraded the GDP estimates for 2020 on account of the Coronavirus outbreak.

Science and Technology

NavIC messaging system designed by ISRO

• Union Minister of State for Fisheries, Pratap Chandra Sarangi recently shared that the Indian Space Research Organisation (ISRO) has developed the NavIC messaging system to put out warning messages to Indian fishermen about cyclones, tsunamis and high waves.

• The ISRO has also developed NavIC receiver.

IHBT scientists develop a new sanitizer

• A team of scientists from the Institute of Himalayan Bio-resource Technology (IHBT) in collaboration with the CSIR has developed a new hand-sanitizer to protect people from Coronavirus.

• The use of hand-sanitizers is one of the preventive measures against the Covid-19.IHBT is located in Palampur, Himachal Pradesh.

Days

Ordnance Factories’ Day in India

• Every year, 18 March is celebrated as the Ordnance Factory Day in India. OFB is the world's largest government-operated production organisation, and the oldest organisation run by the Government of India.

• It has a total workforce of about 80,000.

Read More
Read Less
Share

Important Current Affairs 17th March 2020

National

Companies (Amendment) Bill 2020 tabled in Lok Sabha

•           The Companies (Amendment) Bill 2020 was on March 17, 2020 tabled in the Lok Sabha. The new amendment bill decriminalises major offences mentioned in the Companies Act, 2013.

•  The Bill aims to boost ease of doing business in India by proposing 72 amendments in the existing Act. It proposes monetary penalties for violations committed by startups.

World’s First Flying Car Will Be Manufactured In Gujarat, India

• The world’s first commercial flying car named ‘PAL-V Liberty’ will be developed in Gujarat, India.

• Dutch company PAL-V (Personal Air and Land Vehicle) will develop this car.

• PAL-V has signed a Memorandum of Understanding (MoU) with Gujarat’s Industries Principal Secretary MK Das to set up a manufacturing facility in Gujarat.

International

Banking and Economy

EPFO cuts interest rate to 8.5 percent

• The Employees Provident Fund Organization (EPFO) reduced the interest rate on the Employees Provident Fund to 8.5 percent for 2019-20. The EPFO's Central Board of Trustees (CBT) has taken this decision for its six crore users.

• CBT is the apex decision-making body associated with EPFO. The interest rate on the provident fund for the financial year 2018-19 was 8.65 percent.

Sports

Indian Paddler Sharath Kamal Clinches 2020 Oman Open Table Tennis Tournament

• Ace Indian table tennis player Achanta Sharath Kamal has won the 2020 ITTF Challenge Series Plus Oman Open in Muscat on 15 March 2020.

• The 37-year-old Tamil Nadu veteran beat top-seeded Marcos Freitas of Portugal 4-2 in the final.

• The last time when Sharath bagged a title at ITTF event was in 2010 when he won Egypt Open.

Days

National Vaccination Day

•  In India, the National Vaccination Day (also known as National Immunisation Day (IMD)) is observed on 16 March ever year, to raise the awareness for the eradication of polio from the planet.

•  The day was first observed on 16 March, 1995 when the first dose of an oral vaccine against polio was given in India.

Books and Authors

An Extraordinary Life: A biography of Manohar Parrikar’ to be Released in April 2020

• A book on the life and times of bureaucrat-turned-politician and former Chief Minister of Goa, Manohar Parrikar, is set to hit stands in April 2020.

• The book titled “An Extraordinary Life: A biography of Manohar Parrikar” has been written by veteran journalists Sadguru Patil and Mayabhushan Nagvenkar.

• It is being published by publishing house Penguin Random House India.

Read More
Read Less
Share

Important Current Affairs 16th March 2020

National

First-ever Indore - Kishangarh flight commenced under UDAN

• The Ministry of Civil Aviation flagged off first-ever flight between Indore to Kishangarh. This flight will connect Madhya Pradesh and Rajasthan thrice in a week. This flight has been started under UDAN scheme.

• Now, 268 routes have been dedicated under UDAN scheme by the Ministry of Civil Aviation. Thousands of people will be benefitted as it will cover a distance of 550 kilometer.

International

Banking and Economy

GST Rate on Mobile Phones to be hiked from 12% to 18% w.e.f 01 April

• The 39th GST (Goods and Services Tax) Council meeting under the Chairmanship of Finance Minister Nirmala Sitharaman was held in New Delhi on 14 March 2020.

• The Council has announced certain changes in the GST rates of the following items:

• Increase in GST rates on the Mobile phones from the present 12 percent to 18 percent.

• Slash the GST rate on Maintenance, Repair and Overhaul (MRO) services of aircraft from 18 percent to 5 percent

• Rationalise the GST rates on handmade and machine-made matchsticks to 12 percent. Earlier this rate was 5 percent for Hand-made matches and 18 percent for machine-made ones.

Appointments and Resignations

GoI nominated Debasish Panda as director on RBI central board

• The Central Government has nominated Debasish Panda as a Director on the Central Board of Reserve Bank of India. He is a Secretary, Department of Financial Services, Ministry of Finance, Government of India, New Delhi.

• The nomination of Debasish Panda is effective from March 11, 2020, and until further orders. There are two government nominated Directors on the board of RBI. The other one is  Atanu Chakraborty.

Ranking

India ranked 12th globally in ‘Women On Board 2020’ study

• India has been ranked 12th in the world as per study titled ‘Women On Board 2020’. The list was topped by Norway with 40.72% women on board.

• A study on ‘Women On Board 2020’ has been done jointly by global recruitment tendering platforms MyHiringClub and Sarkari-Naukri.

Read More
Read Less
Share

Important Current Affairs 15th March 2020

National

India’s 1st digital parcel locker service launched in West Bengal

• The Department of Posts, Kolkata (West Bengal circle), has launched free digital parcel locker service in 2 post offices Nabadiganta IT post office of Salt Lake City & post office in New Town’s Action Area.

• Under this service, customers will be able to collect their parcel from the post office according to their convenience.

• This facility is quite popular in European countries but is starting for the first time in India. This service has been done for such people of working-class, who do not have to receive any parcel at home. Such people can take their parcel and letters addressed to them from the kiosks at 24×7.

UP govt launches three schemes for skill development in the state

Uttar Pradesh government has launched three ambitious schemes for skill development and employment generation for youths in the state. The three schemes are Kaushal Satrang, Yuva Hub and apprenticeship scheme in Lucknow. UP government also announced to depute ”Arogya Mitras” at all primary health centres to inform people about govt health schemes.

Kaushal Satrang Scheme

• Kaushal Satrang scheme is a skill development scheme with 7 components to help provide job opportunities to the youth.Under this scheme, each district will organize Mega job fair.

Yuva Hub’ Scheme

Yuva Hub’ scheme was allocated Rs 1,200 crore in the state budget and it aims at providing employment to thousands of skilled youth by assisting in project concept and financial help for one year of operation. It will also facilitate setting up of 30,000 startups in the state. IIM (Indian Institutes of Management) Lucknow is the knowledge partner of this scheme.

CM apprenticeship scheme

CM apprenticeship scheme will provide a stipend of Rs 2500 to the youth of the state.

Banking and Economy

Lava launches World’s first ‘no internet’ payment service in India

• Smartphone manufacturer Lava, has launched a payment app named Lava Pay which doesn’t requires an active internet connection for fund transfer.

• Lava claims it to be the world’s first’no internet’ payment service. The app will help boost Digital India initiative of the Government as well as bringing financial inclusivity for a large population of the county.

Govt appoints new board of directors for Yes Bank

• The government of India has notified the reconstruction scheme for Yes Bank which has been placed under moratorium by Reserve Bank of India. The moratorium will be lifted on March 18.

• Under the scheme, Prashant Kumar has been appointed as MD and CEO of Yes Bank. He is a former chief financial officer at State Bank of India.Sunil Mehta has been appointed as the non-executive chairman of Yes Bank. He is the former non-executive chairman of state-owned Punjab National Bank.Mahesh Krishnamurthy and Atul Bheda will be the non-executive directors.

• Under the reconstruction scheme, SBI, will hold up to 49 per cent in Yes Bank. SBI has approved an investment of Rs 7,250 crore (725 crore shares at Rs 10 each).Apart from this, 4 private banks will also chip in money in Yes Bank. These are- HDFC- Rs 1,000 Crore; ICICI Bank- Rs 1,000 Crore; Axis Bank- Rs 600 Crore; Kotak Mahindra Bank- Rs 500 Crore.

RBI reduces Limits on exposure to group of borrowers for UCB to 25%

• The Reserve Bank of India has reduced the prudential exposure limits for Primary (Urban) Co-operative Banks (UCBs) for group of connected borrowers/parties from 40% to 25%.

• Primary (Urban) Co-operative Banks (UCBs) were permitted to have exposures up to 15 per cent and 40 per cent of their capital funds to a single borrower and a group of borrowers, respectively.

Days

World Consumer Rights Day

• World Consumer Rights Day is celebrated globally on March 15 every year. It is a day marked to raise global awareness about consumer rights and needs.

• Celebrating World Consumer Rights Day is a chance to demand that the rights of all consumers are respected and protected, and to protest against market abuses and social injustices which undermine those rights.

• Consumer rights broadly mean that each consumer has the right to have information about the quality, potency, quantity, purity, price and standard of goods or services.

Read More
Read Less
Share

Important Current Affairs 14th March 2020

National

Cabinet approves to release additional instalment of Dearness Allowance and Dearness Relief

 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01 January 2020.

 The Modi Government has approved 4 percent increase in DA/DR over the existing rate of 17 percent of the Basic Pay/Pension, to compensate for price rise.

 The new rate will become 21 percent of Basic Pay/Pension.The increase is based on the recommendations of the 7th Central Pay Commission.

Cabinet approved construction of 780 Km of green highways in four states

• Union Cabinet approved a proposal for the construction of 780 kilometer of green highways on 13 March 2020.It was announced by the Union Minister Prakash Javadekar.

• The project aims to rehabilitate and upgrade various National Highways in four states, namely Andhra Pradesh, Himachal Pradesh, Rajasthan, and Uttar Pradesh.

• A total sum of Rs.7,660 crore has been allotted for the purpose.

Banking and Economy

UBS predicts India’s GDP for FY20 at 4.8% and FY21 at 5.1%

 Swiss brokerage firm UBS has reduced the GDP rate prediction for India for FY20 and FY21.

 For FY20, UBS predicts India’s GDP growth at 4.8% and for FY21, the GDP growth rate for India is predicted at 5.1%.

The Census India 2021 has been decided to be conducted in two phases.

• The Census India 2021 will be conducted in two phases, namely house listing and House Census and Population Enumeration.

• The first phase will begin from 1 April 2020. Census will continue until 30 September 2020.

• The second phase is Population Enumeration, which will be conducted from 9 February to 28 February 2021 throughout the country simultaneously.

• Indian census is the largest single source of a range of statistical data on different characteristics of the people of the country.The reliable and time-tested exercise has resulted in the comprehensive collection of data that is related to the people of India every 10 years.

SBI Gets approval to invest Rs 7,250 crore in Crisis Hit Yes Bank

 India’s largest lender State Bank of India (SBI) has received the approval to buy Rs 7,250 crore worth of shares in crisis-hit Yes Bank.

 SBI’s executive committee of central board (ECCB) held a meeting on March 11 and approved to purchase 725 crore shares in Yes Bank at a price of Rs 10 per share subject to all regulatory approvals

 Also, the bank’s shareholding in Yes Bank will remain within 49 percent of the paid up capital of the private sector lender.

Appointments and Resignations

Bill Gates resigns from Microsoft’s board

• Microsoft founder Bill Gates stepping down from Microsoft’s board of directors.

• He wants to dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change.

• He also stepped down from the board of Warren Buffett’s Berkshire Hathaway Inc, where he had served since 2004.

Ranking

India’s 1st Living Culinary Arts Museum enters Limca Book of Records

• Welcomgroup Graduate School of Hotel Administration (WGSHA) of Manipal Academy of Higher Education (MAHE) entered the Limca Book of Records (LBR) for establishing “India’s First Living Culinary Arts Museum” at WGSHA, Manipal, Karnataka.

• The museum was opened in the year April 2018, spread approximately over 25,000 square feet & the structure of the museum is shaped in the form of a giant pot.

Island of Niue declared world’s first ‘Dark Sky nation’

 The island of Niue has become the world’s first whole country recognised as a ‘Dark Sky Place.

 The International Dark-Sky Association’s (IDA) has approved the island’s application for the protection of its sky, land and sea.

Days

International Pi Day

• International Pi (π) day is observed on 14 March.

• The day was chosen as 3, 1, and 4, which are the first three significant digits of π.

• Pi is one of the most well-known mathematical constants. It is the ratio of a circle’s circumference to its diameter. It is represented by the lower-case Greek letter π.

International Day of Mathematics

• Every year, March 14 is celebrated as the International Day of Mathematics (IDM).

• The theme for 2020 IDM is “Mathematics is Everywhere“.

• The day was initiated by the International Mathematical Union (IMU) to celebrate the beauty and importance of mathematics and its essential role in everyone’s life.

Read More
Read Less
Share

Important Current Affairs 13th March 2020

National

Facebook launches ‘Pragati’ to boost women entrepreneurship in India

• Facebook India has launched its CSR initiative, Facebook Pragati to promote women entrepreneurship in India.

• The initiative will incubate and accelerate early-stage women-led non-profits that are working to drive women entrepreneurship and to spread awareness and adoption of technology among women in India.

Mineral Laws (Amendment) Bill, 2020 approved by Parliament

• Indian Parliament recently approved Mineral Laws (Amendment) Bill, 2020 with an aim to promote the Indian coal and mining sector along with the ease of doing business in this sector.

• With the increase in coal production, India’s dependence on imports will be reduced. Earlier, the Bill was passed by Rajya Sabha.

Parliament passes Vivad se Vishwas Bill 2020

• The Upper House of Indian Parliament, Rajya Sabha passed the Direct Tax Vivad Se Vishwas Bill, 2020 and sent it back to the Lok Sabha on March 13, 2020.

• The money bill seeks to resolve over 4 lakh direct tax cases pending in Indian courts. 

Government allows without referral treatment to CGHS beneficiaries over 75 years

• Union Health and Family Welfare Minister Harsh Vardhan has clarified that the CGHS beneficiaries aged 75 years and above can take the facility of treatment without a referral.

• He also said that only non-emergency situations will require approval for treatments and tests that are not listed.

Banking and Economy

SBI removes minimum balance charges from all savings bank accounts

• The State Bank of India has waived off the minimum balance charges on all savings bank accounts. SBI has waive charges for non-maintenance of Average Monthly Balance (AMB) for all 44.51 crore savings bank accounts.

• Earlier, SBI was levying a penalty of Rs 5 to Rs 15 along with taxes on non-maintenance of average monthly balance of Rs 3000, Rs 2000 and Rs 1000 in metro, semi urban and rural areas respectively

Acquisitions and Mergers

SpiceJet to set up warehousing & distribution facility at GAHSL

• An Indian low-cost airline, SpiceJet has signed a pact with GMR Hyderabad Aviation SEZ Limited (GHASL). According to the pact, SpiceJet will set up warehousing, distribution and trading facility in the aerospace and industrial park of GHASL.

• “Ready-to-Use” industrial infrastructure is offered by the park with the flexibility of choosing land within SEZ for business purposes.

Ranking

India Ranks World’s 2nd Biggest Arms Importer While Placed at 23rd in Exporters List: SIPRI Report

• The Stockholm International Peace Research Institute (SIPRI) has released its annual “Trends in international arms transfers 2019” report to determine the International transfers of major arms during the five-year period 2015–19.

• As per the data, India was the second largest arms importer in the world during the period 2015-19. Russia was the largest supplier of arms to India.

• Saudi Arabia was the largest arms importer in the world during the same period.

India ranks second in Global Animal Protection Index 2020

• India gets the second rank in Global Animal Protection Index 2020. This Index was released by International animal welfare charity “World Animal Protection” released.

• The Animal Protection Index (API) aims to showcase where countries are doing well, and where they fall short on animal welfare policy and legislation.

• The index ranks countries from A (being the highest score) to G (being the weakest score) according to their policy and legislation. India has attained a C ranking in the index.

India ranks 46th in ‘Inclusive Internet Index 2020’

• India secured 46th rank in the Inclusive Internet Index 2020 released by the Economist Intelligence Unit (EIU). Pakistan got the 76th rank on the list.

• In this index, Sweden ranks first, New Zealand is second and America is third. The worst countries are Burundi (100), Liberia (99), Madagascar (98), Malawi (97) and Burkina Faso (96).

• India is at the top among South Asian countries followed by Sri Lanka, Bangladesh, and Pakistan. This list includes 100 countries of the world and ranks are scaled from 1 (best) to 100 (worst).

Days

National Crime Records Bureau celebrated its 35th Inception Day

• The National Crime Records Bureau (NCRB) celebrated its 35th Inception Day on 12th March 2020.

• On the occasion of inception day of NCRB, Union Minister of State for Home Shri Nityanand Rai launched Crime Multi Agency Centre (Cri-MAC) and National Cybercrime Training Centre (NCTC).

Read More
Read Less
Share

Important Current Affairs 12th March 2020

Biennial Civil Aviation Business Exhibition ‘Wings India 2020’ Begins in Hyderabad:

• The four-day civil aviation business exhibition and air show titled ‘Wings India 2020’ kick-started on 12 March 2020 at Begumpet airport, Hyderabad. It will continue till March 15.

• However, the programme will be formally inaugurated on 13 March 2020 by the Minister for Civil Aviation Hardeep Singh Puri.

• The theme of the biennial event is ‘flying for all’.

• The event has been organized by Federation of Indian Chambers of Commerce and Industry (FICCI) along with Ministry of Civil Aviation and Airports Authority of India (AAI).

Maharashtra Assembly approves caste validity certificate bill:

• The Maharashtra State Assembly recently approved a bill exempting gram panchayat members of the state from submitting caste validity certificates while filing the nominations.

• The contesting candidates will now be allowed to submit the caste validity certificate within one year of winning the elections. The caste validity certificate is proof of an individual’s caste.

Infosys, Qualcomm tie-up to provide Smart City Solutions in India:

Infosys and Qualcomm have come together to provide smart city solutions in India. In this regard, both the companies signed an agreement wherein facilities like Smart Venues, Smart Stadiums and Smart Event Management will be offered to Indian Smart Cities.

Leh to host International Yoga Day 2020; PM Modi to lead main event:

• Ladakh’s capital Leh will host the main national event of the International Yoga Day 2020. Prime Minister Narendra Modi will be attending the event on June 21, 2020.

• Over 15000 people are expected to attend the event and perform Yoga in such a high altitude location.

Govt sets up development council for pulp, paper and allied industries:

• Central Government has formed a 25-member development council for pulp, paper and allied industries with an objective to increase the growth of this sector.

• A S Mehta is the chairman of the council. He is the President of J K Paper Ltd.

INTERNATIONAL NEWS

US Supreme Court allows controversial 'Remain in Mexico' asylum policy to stay:

• The Supreme Court of the United States directed on March 11, 2020 that the controversial "Remain in Mexico" asylum policy can continue to stay in effect till a proper legal resolution is reached. 

• The order is a victory for the Trump administration, which has been pushing for the controversial policy to continue. The administration had warned that there would be a rush to the border if the policy was blocked by the courts.

• The “Remain in Mexico” asylum policy mandates the non-Mexican asylum seekers to return to Mexico as they await hearings in the United States.

SUMMIT AND MOU

Centre, Himachal Pradesh, World Bank sign $80 million loan agreement to boost agricultural productivity:

• The union government, state government of Himachal Pradesh and the World Bank signed an $80 million loan agreement on March 11, 2020 to boost agricultural productivity and improve water management practices in select gram panchayats.

• The integrated project will be implemented in 428-gram panchayats in 10 districts of Himachal Pradesh. The project is expected to benefit over 400,000 small farmers and pastoral communities.

AWARDS AND RECOGNITION

Tiger Woods to be inducted in World Golf Hall of Fame:

• Tiger Woods will be inducted in the World Golf Hall of Fame. According to the announcement made by the PGA tour, he will be part of Class 2021.

• Only those players get this honor who have secured at least 15 wins on approved PGA tours. However, there is an age restriction for induction. Earlier, it was 50 but recently it has been reduced to 45 years.

 ACQUISITIONS AND MERGERS

Japanese company Hakuhodo acquires AdGlobal360:

• Indian MarTech Company, AdGlobal360 has been acquired by Japanese company Hakuhodo Inc for an undisclosed sum. Adglobal360 is India’s fastest growing MarTech Company headquartered in Gurugram, Haryana. The MarTech Company facilitates its customers with end to end digital solutions.

• Hakuhodo Inc is Japan’s second largest advertising company which was founded in 1895. It is an integrated advertising and communication agency which has international presence in 17 countries and regions.

IMPORTANT DAYS

World Kidney Day 2020: 12 March 2020:

• The World Kidney Day (WKD) is observed annually on the Second Thursday in March.

• In 2020, the World Kidney Day is being celebrated on 12 March 2020.

• The theme of WKD 2020 is ‘Kidney health for everyone everywhere – from prevention to detection and equitable access to care’.

Read More
Read Less
Share

Important Current Affairs 7th March 2020

NATIONAL NEWS

Chapchar Kut, the biggest and most joyful festival of Mizoram begins:

• In Mizoram, the biggest and most joyful festival of Mizos, Chapchar Kutis being celebrated across the state.

• The Chapchar Kutis also regarded as the most popular spring festival to the people of the state. This festival is a public holiday in the state.

• Traditional bamboo dance – Cheraw and other dances were performed at the main event, attracting thousands of people.

BANKING AND ECONOMY

NPCI doubles UPI transaction limit to Rs 2 lakh for some payments:

• The National Payments Corporation of India or NPCI, the umbrella organization for retail payments systems, has doubled the per transaction payment limit for Unified Payments Interface or UPI to Rs 2 lakh for some payments.

• The committee has approved to increase the current limit of Rs 1 lakh per transaction to Rs 2 lakh. This is to fulfill specific needs, including payments for credit cards, loans, insurance, and mutual fund investments.

• The move will be effective from April 2020 and would boost the transactions for categories such as AMC, B2B collections, mutual funds, insurance, pre-approved disbursements, and credit card payments

AWARDS AND RECOGNITIONS

Maharaja Ranjit Singh selected as greatest leader in world history:

• In the survey of BBC World History magazine, Maharaja Ranjit Singh, the 19th century ruler of the Sikh Empire in India, has been chosen as the greatest leader ever.

• Five thousand readers participated in this poll. Maharaja Ranjit Singh secured the first place with more than 38 percent of the vote. He is known for creating a tolerant and liberal empire.

SPORTS

Sindhu wins TOISA Sportsperson of Year award:

• World champion shuttler PV Sindhu was named Sportsperson of the Year while India’s starbatsman Rohit Sharma was named the cricketer of the year at the fourth Times of India Sports Awards (TOISA) 2019 in New Delhi.

• Former India football captain Bhaichung Bhutia was given the Lifetime Achievement award, while hockey legend and three-time Olympic gold medallist Balbir Singh Sr was honoured with the Icon of the Century award.

• National badminton coach Pulella Gopichand won the Mentor of the Year award, while former shooter Jaspal Rana was recognized as the Coach of the Year.

• The Olympic-bound Indian men’s hockey was adjudged Team of the Year while the women’s hockey side skipper Rani won the Inspiration of the Year award.

APPOINTMENT AND RESIGNATIONS

Bimal Julka as new Chief Information Commissioner of India:

• Bimal Julka, a retired IAS officer of Madhya Pradesh cadre, has been appointed as the Chief Information Commissioner of India. President Ram Nath Kovind administered the oath of office and secrecy to Bimal Julka.

• He is retired 1979 IAS officer of Madhya Pradesh cadre. Julka has also been posted as Secretary in the Ministry of Information and Broadcasting.

SBI Life re-appoints Sanjeev Nautiyal as MD & CEO

• SBI Life Insurance has re-appointed Sanjeev Nautiyal as managing director and chief executive officer of the company.

• The re-appointment is subject to approval of Insurance Regulatory and Development Authority of India (IRDAI) and members of the company.

IMPORTANT DAYS

Jan Aushadhi Diwas:

• Jan Aushadhi Diwas celebrated on 7th march of every year.

• The Jan aushadhi Divas aims to provide further impetus and create awareness about the use of generic medicines. The day will also highlight the initiative undertaken by Government in the direction of making quality healthcare for all, like Ayushman Bharat, PMBJY, etc.

• The Pradhan Mantri Jan Aushadhi Pariyojna was launched by Prime Minister with an objective of making high-quality medicines available to all at affordable prices, especially to the poor and underprivileged, through exclusive outlets of Jan Aushadhi Medical Stores.

Read More
Read Less

All Rights Reserved Top Rankers