Current Affairs for 11 March and 12 March 2019

INTERNATIONAL NEWS

BANKING AND ECONOMY

APPOINTMENTS

AWARDS

IMPORTANT DAYS

SPORTS

MISCELLANEOUS

CURRENT AFFAIRS VIDEO

NATIONAL NEWS

  1. The govt. is considering a new “Reintegration Policy” draft that is under the consideration of the J&K government to encourage militants hailing from the state to give up arms.
    • It is a two-pronged approach: Reformative measures and Opportunities of livelihood.
    • There is also provision for a monthly stipend of Rs 6,000 for a militant who surrenders with a view to “encourage him to join the mainstream’.

 

  1. Prasar Bharati has brought 11 more State DD Channels on the Satellite footprint of India through DD Free Dish.
    • States – Chhattisgarh, Goa, Haryana, Himachal Pradesh, Jharkhand, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Uttarakhand.

 

  1. The cabinet has approved the National Mission on Transformative Mobility and Battery Storage.
    • The mission will have an Inter-Ministerial Steering Committee chaired by CEO of NITI Aayog.
    • The Mission will also launch the Phased Manufacturing Programmes (PMP) for Batteries and for Electric Vehicle components.
    • There is increase in Basic Customs Duty on parts of electric passenger vehicles to be assembled in India to 15 per cent from April 2020 and 10 per cent on imported lithium-ion cells by April 2021 to promote domestic manufacturing of EVs.

 

  1. According to report by Swedish-based think tank Stockholm International Peace Research Institute (SIPRI) titled ‘Trends in International Arms Transfers-2018, India was the world’s second largest importer of major arms in 2014-18 and accounted for 9.5 per cent of the global total.
    • India was the world’s largest importer of major arms for 2017 report (for the period 2013-17).
    • Saudi Arabia is the world’s largest importer of major arms in 2014-18.

 

 

  1. Karnataka has flagged off a cloud seeding project
    • Cloud-seeding – weather modification procedure –uses planes to spray clouds with chemicals to condense smaller particles into larger rain droplets.

  

  1. ArcelorMittal received the approval from National Company Law Tribunal for taking over Essar Steel Ltd. at Rs 42,000 Crore.

 

  1. For the first time in the Areca nut sector, ‘Sirsi Supari’ grown in Uttara Kannada, Karnataka has received the Geographic Indication (GI) tag.

 

  1. As per the latest report by the World Gold Council (WGC), India has the 11th largest gold reserve, with the current holding pegged at 607 tonnes.
    • India is the world’s largest consumer of gold.
    • India would have been tenth had the list included only countries.
    • Whereas, International Monetary Fund is included and is third on the list with total gold reserves of 2,814 tonnes.

INTERNATIONAL NEWS

  1. The Marshall Islands is planning to release its digital currency/cryptocurrency called ‘Sovereign’ (SOV).
    • It will replace the current US dollar.
    • Capital of Marshall Islands – Majuro

BANKING AND ECONOMY

  1. The State Bank of India (SBI) has become the first bank to link its interest rate on savings account to the repo rate of the Reserve Bank of India.
    • From May 1, 2019, savings bank deposits with balances above Rs 1 lakh will be linked to repo rate (6.25%) minus 2.75% with an effective saving account rate of 3.50% per annum.
    • In case of lending, all Cash Credit Accounts and Overdrafts with limits above Rs 1 lakh will be linked to the repo rate plus a spread of 2.25%—to 8.50%.
    • The interest rate remains unchanged for savings account holders and borrowers with cash credit and overdraft up to Rs 1 lakh.

APPOINTMENTS

  1. Subhash Chandra Garg, the Economic Affairs Secretary has been appointed as the Finance Secretary by the Personnel Ministry.
  2. Mohammad Shtayyeh has been appointed as the Prime Minister of Palestine.

IMPORTANT DAYS

  1. Pulse Polio programme for 2019 has been launched on the eve of National Immunisation Day.
    • The day was observed on March 10, 2019.
    • The last reported cases of wild polio in India were in West Bengal and Gujarat on 13 January 2011.
    • On 27 March 2014, the World Health Organization (WHO) declared India a Polio Free country.

AWARDS

  1. The Ministry of Tourism was awarded the First Prize in the category – TV Cinema Spot at the International Golden City Gate Tourism Awards 2019 which was held at Internationale Tourismus-Börse (ITB), Berlin.

 

  1. The Women and Child Development Minister Maneka Gandhi awarded 30 women with the ‘Web Wonder Women’
    • The campaign was launched to discover and celebrate the exceptional achievements of women, who have been driving positive agenda of social change via social media.

 

  1. ACKO General Insurance, a new-age digital insurance company, was awarded the coveted Golden Peacock Innovative Product Award – 2019.
    • They were awarded for their contextual microinsurance product -“Ola Ride Insurance“.
    • The Ola Re. 1 ride insurance is a contextual microinsurance solution that protects the user against any unfortunate mishaps while commuting.

 

  1. Total of 112 Padma Awards 2019 were conferred upon by the President Ram Nath Kovind.
    • The Padma Awards are one of the highest civilian awards of India – are conferred in three categories: The Padma Vibhushan, the Padma Bhushan and the Padma Shri.
    • Bharat Ratna is the highest civilian award of India.

S.No

2019 Awardees

 

1.

Nanaji Deshmukh (posthumous)

Laid great emphasis on education as a social worker

2.

Dr. Bhupen Hazarika (posthumous)

He was a playback singer, lyricist, musician, singer, poet and film-maker from Assam, widely known as Sudhakantha.

3.

Pranab Mukherjee

served as the 13th President of India from 2012 until 2017

 

  1. India’s Vice President Venkaiah Naidu is the first Indian to be conferred the Doctor Honoris Causa (Doctor of Philosophy) by the University for Peace (UPEACE), Costa Rica.
    • He has been recognized for his contribution to the Rule of Law, democracy and sustainable development in India.

SPORTS

  1. The 38th GeeBee Boxing Tournament was organized by European Boxing Confederation in Helsinki, Finland.
    • Kavinder Singh Bisht won the gold medal in 56Kg category.

MISCELLANEOUS

  1. China lifted its broadband communication system by launching a Long March – 3B carrier rocket with ‘ChinaSat 6C’ into a geostationary orbit in Sichuan province.

CURRENT AFFAIRS VIDEO

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *