Latest Current Affairs Daily Update

11 & 12 Mar 2021 Current Affairs

Important Days

Central Industrial Security Forces Celebrates its 52nd Raising Day

The Central Industrial Security Forces (CISF) – Raising Day (CRD) is observed on March 10 in India every year. In 2021, the nation is celebrating the 52nd Raising Day of CISF. The basic objective of the CISF is Better “protection and security” of industrial undertakings in both government and private sectors in the country.

CISF was set up under an Act of the Parliament of India on 10 March 1969, for the better protection and security of industrial undertakings in the country.

Useful notes for all competitive exams:

  • Director-General of Central Industrial Security Force: Subodh Kumar Jaiswal.

National News

PM Narendra Modi inaugurates “Maitri Setu” between India and Bangladesh

Prime Minister Shri Narendra Modi has inaugurated the ‘Maitri Setu’ bridge between India and Bangladesh through a video conference, to strengthen the connectivity between both countries and especially with the north-eastern region of India.

Maitri bridge will also make Tripura the ‘Gateway of North East’ with access to Chittagong Port of Bangladesh, which is just 80 km from the Sabroom. 

The Maitri Setu bridge has been built on the Feni river, which lies between the Indian boundary in Tripura and Bangladesh.

The 1.9 Kilometres long bridge will connect Sabroom in India with Ramgarh in Bangladesh.

The bridge has been constructed by the National Highways and Infrastructure Development Corporation Limited at a project cost of around Rs. 133 Crore.

Delhi govt presents Rs 69000 Cr ‘Deshbhakti’ Budget

The Delhi government presented a Rs 69,000-crore budget themed on ‘patriotism’ or ‘Deshbhakti’ for the financial year 2021-22. The budget was presented by the Deputy Chief Minister of Delhi, Manish Sisodia.

While presenting the budget, he announced that the government has decided to celebrate the 75th Independence Day of India. The Delhi government will hold programmes from March 12, 2021, which will last for 75 weeks.

The government has proposed to allocate Rupees 45 crores in order to install high masts so as to hoist the national flag at 500 places in Delhi.

An outlay of Rs 50 crores made under ‘Aam Aadmi Nishulk COVID Vaccine Yojana. It announced free Covid-19 vaccination to all in its hospitals in the coming phases of the ongoing inoculation drive.

Useful notes for all competitive exams: 

  • Chief Minister of Delhi: Arvind Kejriwal; Governor of Delhi: Anil Baijal

 Tirath Singh Rawat becomes new Chief Minister of U’khand

The Bharatiya Janata Party’s member of Parliament from Pauri Garhwal, Tirath Singh Rawat, will be the next chief minister of Uttarakhand. This was announced by outgoing chief minister Trivendra Singh Rawat, who resigned. Tirath Singh Rawat will be sworn in as the new chief minister of Uttrakhand.

Tirath Singh Rawat was the chief of the party in Uttarakhand in 2013-15 and also an MLA from the state in the past. His name was picked over prominent candidates including Union Minister Ramesh Pokhriyal Nishank and Uttarakhand Minister Dhan Singh Rawat.

Useful notes for all competitive exams: 

  • Governor of Uttarakhand: Baby Rani Maurya.

International News

Switzerland votes to ban full-face coverings in public places

Switzerland has voted in favour of a proposal banning full facial coverings including the burqa and niqab in almost all public places. In the public referendum, around 51.21 per cent of voters voted in support of the controversial proposal.

The vote means that full facial covering will be banned in all publicly accessible places in Switzerland including on the streets, public transport, in public offices such as restaurants, shops and in the countryside.

The full-face covering will be allowed in places of worship and other sacred sites. It will also be allowed for health and safety reasons and in situations where it is a local custom such as carnivals.

According to the proposal by the Swiss Federal Government, there will be no additional exceptions such as for tourists.

France was the first European nation to ban burqas and niqabs in public places in 2011. The European Court of Human Rights had upheld the ban in 2014.

Useful notes for all competitive exams: 

  • Switzerland Currency: Swiss franc.
  • Switzerland Capital: Bern.

Niger’s President Mahamadou Issoufou wins Africa’s top prize

Mahamadou Issoufou, the incumbent President of Niger has won the “2020 Ibrahim Prize for Achievement in African Leadership”, the world’s largest leadership prize, worth $5 million.

He is the sixth winner of the Ibrahim Prize since it was introduced in 2006, by Sudanese billionaire Mo Ibrahim’s foundation to promote good governance in the world’s poorest continent.

The 69-year-old Issoufou is stepping down as president of Niger in April 2021, after serving two terms in office. He first took office in 2011 and was then re-elected in 2016.

Useful notes for all competitive exams: 

  • Niger Capital: Niamey.
  • Niger Currency: West African CFA franc.

China and Russia Inks MoU to jointly build Lunar Space Station

The space agencies of China and Russia have signed a Memorandum of Understanding (MoU) on behalf of their national governments, to jointly construct a lunar space station that will be open to all countries.

The MoU was officially signed between the Chinese space agency, China National Space Administration (CNSA) and the Russian space agency Roscosmos, on March 09, 2021.

Dubbed as the “International Scientific Lunar Station (ISLS)”, the centre will be a “complex of experimental and research facilities” created on the moon’s surface and/or in orbit of the moon.

The goal of setting up ISLS is strengthening research cooperation and promoting the exploration and use of outer space for peaceful purposes in the interests of all mankind.

Useful notes for all competitive exams: 

  • China Capital: Beijing.
  • China Currency: Renminbi.
  • China President: Xi Jinping.
  • Russia President: Vladimir Putin.
  • Russia Capital: Moscow.
  • Russia Currency: Russian Ruble.

Defence News

Indian Navy’s “Silent Killer” INS Karanj commissioned

The Indian Navy got its third Scorpene submarine, commissioned as INS Karanj, of Project P-75 in Mumbai. With the delivery of Karanj, India further cemented its position as a submarine-building nation.

Mazagon Dock Ltd (MDL), one of India’s leading shipyards with the capacity and the capability to meet the requirements and aspirations of the Indian Navy.  Before Karanj, INS Kalvari and INS Khanderi have been commissioned in the Indian Navy in 2017 and 2019, respectively.

Karanj is seen as a small submarine having a length of 60 metres.

The weapon package includes sufficient wire-guided torpedoes and sub-surface to surface missiles to neutralise a large enemy fleet. For self-defence, it has a state-of-the-art torpedo-decoy system.

Useful notes for all competitive exams: 

  • Chief of Naval Staff: Admiral Karambir Singh.
  • Indian Navy Founded: 26 January 1950.

India-Uzbekistan joint military exercise DUSTLIK II commences in Ranikhet

The India – Uzbekistan joint military exercise DUSTLIK II has commenced in Foreign Training Node Chaubatia, Ranikhet in Uttarakhand. This is the Second Edition of the annual bilateral joint exercise of both armies.

It will continue till the 19th of this month. The first edition of the exercise was held in Uzbekistan in November 2019. 45 Soldiers each from Uzbekistan and the Indian Army are participating in the exercise.

Useful notes for all competitive exams: 

  • Capital of Uzbekistan: Tashkent; Currency: Uzbekistani Som.
  • President of Uzbekistan: Shavkat Mirziyoyev.

Banking News

MeitY released the list of “Digital Payment Scorecard”

The Ministry of Electronics & Information Technology (MeitY) has released the list of “Digital Payment Scorecard”. In the list, the State Bank of India (SBI) has topped for the third consecutive months.

The digital payment scorecard tracks the performance of the Commercial Banks on several digital parameters. SBI maintained the top remitter bank by recording the highest UPI transaction volume which accounted for nearly Rupees 640 million.

SBI has also emerged as the largest issuer of debit cards. It issued over 290 million debit cards with a 30% market share with respect to card spends and 29% share with respect to transaction volume. Bank has also made steady progress with respect to increasing payment acceptance infrastructure.

Useful notes for all competitive exams: 

  • SBI Chairperson: Dinesh Kumar Khara.
  • SBI Headquarters: Mumbai.
  • SBI Founded: 1 July 1955.

RBI removes PCA restrictions on IDBI Bank

The Reserve Bank of India has removed IDBI Bank from its enhanced regulatory supervision or Prompt Corrective Action (PCA) framework.

It was noted that as per published results for the quarter ending December 31, 2020, the bank is not in breach of the PCA parameters on regulatory capital, net NPA and leverage ratio.

The bank has also provided a written commitment that it would comply with the norms of minimum regulatory capital, net NPA and leverage ratio on an ongoing basis and has apprised the RBI of the structural and systemic improvements that it has put in place which would help the bank in continuing to meet these commitments.

Useful notes for all competitive exams: 

  • IDBI Bank CEO: Rakesh Sharma.
  • IDBI Bank Headquarters: Mumbai, Maharashtra.

Axis Bank launches “Wear N Pay” contactless payment wearable devices

Axis Bank has launched a range of wearable contactless payment devices under the brand Wear ‘N’ Pay. These devices come in different forms of wearables like a band, key chain and watch loop and are available starting at Rs 750.

The wearables are directly linked to the bank account of an Axis Bank customer and function like a regular debit card. It allows purchases at any merchant store which accepts contactless transactions.

Axis Bank’s new ‘Wear N Pay’ devices are available in a variety of accessories like the band, key chain, and watch loop.

Users do not need to carry their smartphones and wallet for payments anymore. These wearable devices can be worn easily to carry out contactless transactions on the go.

Useful notes for all competitive exams: 

  • Axis Bank Commenced operations: 1994.
  • Axis Bank Headquarters: Mumbai, Maharashtra.
  • Axis Bank Tagline: Dil Se Open.
  • Axis Bank MD and CEO: Amitabh Chaudhry.

Economy News

Crisil: Indian economy to grow at 11% in FY’22

India’s GDP growth is expected to rebound to 11% in FY’22 as people learn to live with the new normal, flattening of the Covid-19 affliction curve, the rollout of vaccinations, and investment-focused government spending converge, according to rating firm Crisil.

But recovery won’t be easy, with scars of the pandemic deep for small businesses and the urban poor.

Useful notes for all competitive exams: 

  • CEO of Crisil: Ashu Suyash.
  • Crisil Chief Economist: Dharmakirti Joshi.
  • Headquarters of Crisil: Mumbai.

OECD interim economic outlook pegs India’s GDP growth at 12.6% in FY22

Organization for Economic Co-operation and Development (OECD) interim economic outlook has pegged India’s gross domestic product (GDP) growth to rebound to 12.6% in FY22, which will be the fastest in the world, followed by China at 7.8% growth.

India’s GDP is expected to grow at 5.4% in the following financial year, owing to the faster rebound of several large emerging-market economies.

Useful notes for all competitive exams: 

  • OECD Headquarters: Paris, France.
  • OECD Founded: 30 September 1961.
  • OECD Secretary-General: Jose Angel Gurria.

Science and Technology

ISRO Develops Joint Earth Observation Satellite Mission Radar With NASA

ISRO has completed the development of a Synthetic Aperture Radar (SAR) capable of producing extremely high-resolution images for a joint earth observation satellite mission with the US space agency NASA. NASA-ISRO SAR (NISAR) is a joint collaboration for a dual-frequency L and S-band SAR for earth observation.

NISAR will be the first satellite mission to use two different radar frequencies (L-band and S-band) to measure changes in our planet’s surface less than a centimetre across.

The mission is targeted to launch in early 2022 from ISRO’s Sriharikota spaceport in Andhra Pradesh’s Nellore district, about 100 km north of Chennai.

Useful notes for all competitive exams:

  • ISRO Chairman: K.Sivan.
  • ISRO Headquarters: Bengaluru, Karnataka.
  • ISRO established: 15 August 1969.
  • Acting Administrator of NASA: Steve Jurczyk.
  • Headquarters of NASA: Washington D.C., United States.
  • NASA Founded: 1 October 1958.

Appointments News

Girish Murmu re-appointed Chairman of UN Panel of External Auditors

Comptroller and Auditor General of India (CAG), Girish Chandra Murmu has been re-appointed as the Chairman of the Panel of External Auditors of the United Nations for the year 2021. Prior to this, Mr Murmu was elected as Chairman of the Panel for 2020 as well.

At present, the panel consists of 13 countries which are India, Germany, Chile, China, United Kingdom, France, Philippines, Switzerland, Italy, Ghana, Indonesia, Canada and Russia.

Useful notes for all competitive exams: 

  • CAG Founded: 1858.
  • CAG Headquarters location: New Delhi.

Sports News

India-New Zealand World Test Championship final in Southampton

India will play their inaugural World Test Championship final against New Zealand at Southampton’s Ageas Bowl Stadium, England from June 18-22.

Initially, the final was supposed to be held at the Lord’s but Southampton, with a five-star facility inside the stadium, will make it easier for both the ICC and the England and Wales Cricket Board to create a bio-bubble for the two teams.

PV Sindhu wins silver in BWF Swiss Open Super 300

India’s ace shuttler PV Sindhu has won a silver medal in the BWF Swiss Open Super 300 in the final of the women’s singles event held at Basel, Switzerland.

The World No. 7 Sindhu lost to World No. 3 and reigning Olympic champion Carolina Marin.

Winners List of Swiss Open 2021

  • Men’s Singles : Viktor Axelsen (Denmark) beat Kunlavut Vitidsarn (Thailand).
  • Women’s Singles: Carolina Marin (Spain) beat PV Sindhu (India).
  • Men’s Doubles: Kim Astrup and Anders Skaarup Rasmussen (Denmark) beat Mark Lamsfuss-Marvin Seidel (Germany).
  • Mixed Doubles: Thom Gicquel-Delphine Delrue (France) beat Denmark pair, Mathias Christiansen-Alexandra Boje.

Awards News

Ashwin, Beaumont Win ICC Player of Month Awards for February

India spinner Ravichandran Ashwin was awarded the ICC Player of the Month award for February, the International Cricket Council (ICC). Ashwin beat England captain Joe Root and West Indies’ Kyle Mayers to the award.

Ashwin played a crucial role with bat and ball as India raced to a 2-1 lead over England in their four-match Test series in February before eventually winning the series 3-1 in March. He was the highest wicket-taker in the series with 32 scalps and scored a century in the second Test in Chennai.

Meanwhile, England opener Tammy Beaumont won the ICC Women’s Player of the Month for February. Beaumont was the overwhelming winner after she played three ODIs in February against New Zealand where she passed fifty in each of these, totalling 231 runs. She beat her teammate Natalie Sciver and New Zealand’s Brooke Halliday to the award.

Useful notes for all competitive exams: 

  • Chairman of ICC: Greg Barclay.
  • CEO of ICC: Manu Sawhney.
  • Headquarters of ICC: Dubai, United Arab Emirates.

Koneru Humpy is BBC’s Indian sportswoman of the year

World rapid chess champion Koneru Humpy has won the BBC Indian Sportswoman-of-the-Year award. BBC director-general Tim Davie, hosting the virtual awards ceremony.

The Lifetime Achievement award went to veteran athlete Anju Bobby George.

English cricket star Ben Stokes announced the 19-year-old Indian Shooter, Manu Bhaker as the winner of the Emerging Player-of-the-Year award category. Bhaker, won two golds at the ISSF World Cup in 2018, followed by gold at the Youth Olympics and a Commonwealth Games gold with a record to boot.

Useful notes for all competitive exams: 

  • BBC director-general: Tim Davie.
  • BBC Headquarters: London, United Kingdom.
  • BBC Established: 1922.

Amitabh Bachchan to be honoured with 2021 FIAF Award

Megastar Amitabh Bachchan will be honoured with an award by the International Federation of Film Archives (FIAF).

The veteran actor will be the first Indian cinema personality to be bestowed with the FIAF Award for his dedication and contribution to the preservation of the world’s film heritage.

Amitabh Bachchan was nominated for the award by the FIAF affiliate Film Heritage Foundation which is a not-for-profit organisation founded by Shivendra Singh Dungarpur a filmmaker & archivist. This foundation is dedicated to preserve, restore, document, exhibit and study the film heritage of India.

Useful notes for all competitive exams: 

  • FIAF Founded: 17 June 1938; Headquarters: Brussels, Belgium.


Veteran Marathi Actor Shrikant Moghe Passes Away

The Marathi stage and film actor, Shrikant Moghe has passed away. He was popular for his work in both Marathi and Hindi languages. He was born at Kirloskarwadi in the Sangli district of Maharashtra.

He is known for his performances in Marathi films like Madhuchandra, Sinhaasan, Gammat Jammat and Umbaratha, and plays such as Varyavarchu Varaat and Tuze Aahe Tujapashi.

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