Daily Current Affairs – 4 March 2020

Daily Current Affairs – 4 March 2020

Daily Current Affairs :- Current Affairs section is the most important part of almost every competitive exam whether be it SSC, Banking , Insurance or State PCS examination. In this post candidates will find the important national and international news from the exam point of view. These news are incorporated from different sources like The Hindu newspaper , The Indian express and Press information Bureau (PIB).Here, is the current affairs for 17 January 2020.


National News

1. National Security Day is observed on 4 March

  • National Security Day or Rashtriya Suraksha Diwas is observed on 4 March every year in India.
  • The day aims to appreciate the work of security forces as they play a major role in maintaining the peace and security of the people in the country.
  • On this day, the leaders, officials, and people pay homage to the soldiers who died while saving the country.
  • The day promotes the security forces that continuously work for the nation.
  • It aims to remind the people about the personal duties of the security forces towards the country.

2. Khelo India University Games 2020 was held for the first time at KIIT University

  • Khelo India University Games 2020 was held for the first time at Kalinga Institute of Industrial Technology (KIIT) University, Bhubaneshwar, Odisha.
  • The games were held from 22 February to 1 March 2020.
  • Over 4,000 top athletes from a total of about 176 universities across India participated in the event.
  • The Khelo India University Games was launched by the GoI in partnership with the Government of the State of Odisha.
  • The competition was inaugurated by Prime Minister Narendra Modi.
  • The aim of Khelo India University Games is to make it an aspirational competition for India’s youngsters to help them find a balance between sport and education.

3. The 68th All India Police Athletic Championship began in Haryana

  • The 68th All India Police Athletic Championship 2019-20 began at Bhanu in Panchkula District of Haryana on 3 March.
  • The event was inaugurated by the Union Minister of State for Youth Affairs and Sports Kiren Rijiju, who declared the meet open at the Basic Training Centre of Indo-Tibetan Border Police (ITBP).

4. Government laid export restrictions on 26 pharma ingredients and medicines

  • Government laid export restrictions on 26 pharma ingredients and medicines including paracetamol, vitamin B1 and B12, with immediate effect despite the coronavirus outbreak in China.
  • The export of the Active Pharmaceutical Ingredients (APIs) and formulations will now require a licence from the Directorate General of Foreign Trade (DGFT).
  • Previously, no restrictions were laid on outbound shipments of these products.
  • The export restricted pharma ingredients including progesterone, chloramphenicol, ornidazole, paracetamol, vitamin B1, B6 and B12, tinidazole, metronidazole, acyclovir, formulations made of chloramphenicol, clindamycin salts, and neomycin.

5. Rangotsav begins at Barsana in Mathura

  • The famous Rangotsav celebration began on 3 March at Barsana in Mathura, Uttar Pradesh.
  • The festival was inaugurated by the Uttar Pradesh Chief Minister Yogi Adityanath.

6. Gajendra Singh Shekhawat launched Phase II of Swachh Bharat Mission Grameen

  • The Union Minister for Jal Shakti Gajendra Singh Shekhawat launched Phase II of Swachh Bharat Mission (Grameen) (SBM(G)) at a National Dissemination and Consultation workshop on 4 March in New Delhi.

7. Centre nominated 2 sites for the inclusion in World Heritage Sites List

  • Government of India nominated 2 sites namely Dholavira: A Harappan City and Monuments and Forts of Deccan Sultanate to be included in the World Heritage Sites List for the year 2020.
  • Dholavira is an archaeological site that is located on Tropic of Cancer in Kutch Desert Wildlife Sanctuary, Gujarat.
  • Another nominated site is Forts of Deccan Sultanate. The Deccan Sultanates which had 5 major kingdoms. They ruled between Vindhya Range and Krishna river in the Deccan Plateau.

International News

1. World Bank announces 12 bn aid package to help countries combat coronavirus outbreak

  • World Bank has unveiled a 12 billion dollar aid package that will provide fast-track funds to help countries combat the coronavirus outbreak.
  • World Bank President David Malpass told reporters that the goal is to provide fast, effective action that responds to country needs.
  • The funds, some of which are targeted to the world’s poorest nations, can be used for medical equipment or health services and will include expertise and policy advice.

2. UN appeals for USD 877 million to help Rohingya refugees in Bangladesh

  • The United Nations appealed for nearly USD 900 million to help hundreds of thousands of Rohingya refugees and vulnerable host communities in Bangladesh this year.
  • The UN refugee agency and the International Organization for Migration and other partners launched a joint appeal for USD 877 million (789 million euros).

BANKING & FINANCE

1. NABARD infuses Rs 1.46 lakh cr in rural banking system during current fiscal

  • National Bank for Agriculture and Rural Development (NABARD) has infused 46 lakh crore rupees in the rural banking system during the current fiscal.
  • NABARD has stated that 66,397 crore rupees have been given in short-term credit and 6,704 crore rupees in long-term credit to rural cooperative banks.

2. Govt introduces bill to amend banking laws to strengthen cooperative banks

  • The Government, introduced a bill in Lok Sabha which seeks to protect the interest of small depositors by bringing cooperative banks under the RBI regulations.
  • Introducing the Banking Regulation (Amendment) Bill, Finance Minister Nirmala Sitharaman stated the bill is the “need of the hour” to avoid a PMC Bank-like crisis in the future.
  • Noting that the happenings at the PMC Bank had “unfortunately” put a lot of small depositors in difficulty, the Finance Minister stated that there were demands that the government should do something about it.

3. FDI inflow dips 1.4% to $ 10.67 bn in October-December

  • Foreign direct investment into India dipped marginally by 4 per cent to $ 10.67 billion (about Rs 76,800 crore) during October-December period of 2019-20, according to government data.
  • Inflow of foreign direct investment (FDI) during October-December of 2018-19 stood at $ 10.82 billion. FDI inflows in July-September period of the current financial year stood at $ 9.77 billion.

4. Pine Labs, ZestMoney to offer instant credit, EMI to customers at PoS

  • Merchant commerce platform Pine Labs has partnered with consumer lending fintech Zest Money to provide in-store, digital equated monthly instalment (EMI) options to customers.
  • This will be available through Pine Labs’ Plutus and Plutus Smart point-of-sale (PoS) devices.
  • First-time credit seekers who do not have a credit or debit card will be able make purchases at offline stores and avail themselves of EMI.

Summit & Conference

1. 35th edition of AAHAR, Food, and Hospitality fair, began in New Delhi

  • 35th edition of AAHAR-the Food and Hospitality fair began in New Delhi on 3 March.
  • The fair will be held from 3-7 March 2020. The exhibition AAHAR will be open for business visitors from 10 am TO 6 pm.
  • The fair is organized by India Trade Promotion Organisation (ITPO) along with the Ministry of Food Processing Industries (FPI), Agriculture and Processed Food Products Development Authority (APEDA) and several apex industry associations.

2. India Pharma 2020 and India Medical Device 2020 Conference to be held in Gujarat

  • India Pharma 2020 & India Medical Device 2020 Conference & Exhibition has been scheduled to be held at Gandhi Nagar, Gujarat from 5-7 March 2020.
  • The conference will be inaugurated by the Chemicals & Fertilizers Minister Shri Sadananda Gowda.
  • The fifth edition is organized for the first time in Gujarat.

Appointment

1. Seema Verma appointed as a key member of the White House Coronavirus Task Force

  • Indian-American Seema Verma was appointed as a key member of the White House Coronavirus Task Force.
  • It was constituted by US President Donald Trump.
  • The appointment was of Seema Verma, Administrator for the Centers for Medicare & Medicaid Services (CMS) announced by the US Vice President Mike Pence.

2. Sudhanshu Pandey takes charge as new CMD of MMTC Ltd

  • Additional Secretary at the Department of Commerce Sudhanshu Pandey has assumed additional charge as Chairman and Managing Director of MMTC Ltd.
  • His predecessor Ved Prakash.
  • Pandey currently discharges functions as the Chief Negotiator of India.

3. Revenue Secretary Ajay Bhushan Pandey appointed as Union Finance Secretary

  • Revenue Secretary Ajay Bhushan Pandey was designated as the Finance Secretary, according to a Personnel Ministry order.
  • The Appointments Committee of the Cabinet has approved designating Pandey, a 1984 batch IAS officer of Maharashtra cadre, as Finance Secretary, it stated.
  • The senior-most bureaucrat among all secretaries in the finance ministry is designated as the finance secretary.

Award

1. Scientists from IIT Delhi, DRDO received National Award

  • Scientists from Defence Research and Development Organisation (DRDO) and IIT-Delhi received National Award for Young Women Showing Excellence through Application of Technology for Societal Benefits.

2. President to confer National Lalit Kala Akademi Awards

  • President Ram Nath Kovind is to confer Lalit Kala Akademi’s 61st annual awards to 15 artists on 4 March 2020 at the Rashtrapati Bhavan, New Delhi. The award appreciates the extraordinary talents to perform even better in the future.
    The jury selected the winners from among 283 artworks selected by the first tier Jury.

The winners of the award are:

♦  Anoop Kumar Manzukhi Gopi from Thrissur, Kerala
♦  David Malakar from Kolkata, West Bengal
♦  Devendra Kumar Khare from Vadodara, Gujarat
♦  Dinesh Pandya from Mumbai, Maharashtra
♦  Faruque Ahmed Halder from 24 Parganas in Kolkata, West Bengal
♦  Hari Ram Kumbhawat from Jaipur, Rajasthan
♦  Keshari Nandan Prasad from Jaipur, Rajasthan
♦  Mohan Kumar T from Bengaluru, Karnataka
♦  Ratan Krishna Saha from Mumbai, Maharashtra
♦  Sagar Vasant Kamble from Mumbai, Maharashtra
♦  Satwinder Kaur from New Delhi
♦  Sunil Thiruvayur from Ernakulam, Kerala
♦  Tejaswi Narayan Sonawane from Solapur, Maharashtra
♦  Yashpal Singh from Delhi
♦  Yashwant Singh from Delhi


Science & Technology

1. Scientists found bacteria that can replace fertilizers, fungicides in tea plants

  • Researchers at the Institute of Advanced Study in Science and Technology (IASST) Guwahati found significant plant-growth-promoting and antifungal activities of endophyticactino bacteria associated with Tea plant and related genera.

2. NASA reveals hole on Mars that could hold clue to life on Red Planet

  • NASA released a photo of the mysterious hole on Mars that could hold a clue to life on Mars.
  • The unusual hole on the planet was discovered in 2011.
  • The image was taken by the High-Resolution Imaging Experiment (HiRISE) instrument.

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