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Current Affairs for 13 March and 14 March 2019

INTERNATIONAL NEWS

BANKING AND ECONOMY

APPOINTMENTS

AWARDS

IMPORTANT DAYS

SPORTS

MISCELLANEOUS

CURRENT AFFAIRS VIDEO

Correction in the Document – February 8, 2019 to February 15, 2019

National Deworming Day is observed bi-annually on 10th February and 10th August. But this year the day was observed on 8th February, 2019.

NATIONAL NEWS

  1. The India’s first Human Immunodeficiency Virus (HIV) treatment centre and clinic for the LGBTQ community was inaugurated by the Humsafar Trust in
    • The clinic will provide free counselling and Anti-Retroviral Therapy (ART) used to treat the infection.

 

  1. Ministry of Commerce and Industry launched a tutorial video on “Intellectual Property Rights” for school students and the Geographical Tag website.
    • IP Nani” is India’s first Intellectual Property (IP) Mascot.

  1. The Indian Sundarban was accorded the status of ‘Wetland of International Importance’ under the Ramsar Convention.
    • They constitute over 60% of the country’s total mangrove forest area.
    • It is the 27th Ramsar Site in India with an area of 4,23,000 hectares
    • It is now the largest protected wetland in the country.
    • The Indian Sundarban met four of the nine criteria’ — presence of rare species and threatened ecological communities, biological diversity, significant and representative fish and fish spawning ground and migration path.

 

  1. The Central Government has amended the guidelines for disposal of the Enemy Property Order, 2018, to facilitate usages of enemy property by the state government exclusively for public use.
    • Enemy properties are the properties of the people who migrated to Pakistan during partition and also to China after the Sino-India war in 1962.
    • Of the total properties left behind by those migrated to Pakistan, about 4,991 are located in Uttar Pradesh, the highest in the country.
    • Of the total properties left by those left to China about 57 properties are located in Meghalaya, highest in the country.
CountryProperties left behind
Pakistan9,280
China126

 

  1. DRDO’s medical laboratory has come up with a range of ‘Combat Casualty Drugs’ that can extend the golden hour till the trooper is shifted to hospital.
    • The spectrum includes bleeding wound sealants, super absorptive dressings and glycerated salines.
    • Glycerated saline is battlefield intravenous fluid that does not freeze till -18 degrees Celsius and is useful in handling trauma cases in high altitude areas.

 

  1. The famous biennial Thakurani Jatra festival began in Berhampur, Odisha.
    • Goddess Budhi Thakurani is the traditional deity of silk handloom weavers or the Dera community of Berhampur.

 

  1. Hinduja Global Solutions (HGS) has teamed up with NASSCOM Foundation, to launch a centre of excellence in Bengaluru for training differently-abled persons.
    • The centre will train a minimum of 100 PwDs making them industry-ready over the next 12 months with a goal to place at least 50 per cent of them in companies already sensitised for hiring them.
    • This is third such centre set up under the partnership after Noida and Delhi.

INTERNATIONAL NEWS

  1. The World Health Organisation (WHO) on released a Global Influenza Strategy for 2019-2030 aimed at protecting people from the threat of Influenza.
    • There are an estimated 1 billion cases resulting in 2,90,000 to 6,50,000 influenza-related respiratory deaths.
    • WHO recommends Annual Influenza Vaccination as the most effective way.

 

  1. The United Kingdom commemorated professor Stephen Hawking in a new 50 pence coin known as ‘Black Hole Coin’.
    • It is a commemorative coin and not for circulation as currency.
    • It was inspired by Hawking’s work on black holes outlined in his bestselling book “A Brief History of Time”.

 

  1. As per the sixth edition of the Global Environmental Outlook (GEO), prepared by the United Nations Environment Programme, India could save at least $3 trillion (₹210 trillion approx.) in healthcare costs if it implemented policy initiatives ensuring that the globe didn’t heat up beyond 1.5 degrees Celsius by the turn of the century.

 

  1. The Austrian capital Vienna has topped Mercer’s 2019 Quality of Living Ranking for the 10th year in a row.
    • Hyderabad and Pune were ranked at 143rd position.

BANKING AND ECONOMY

  1. Bharti Airtel Ltd. will sell up to 32 per cent stake in Bharti Infratel Ltd. to Airtel’s unit Nettle Infrastructure Investments Ltd.
    • Following the transfer, Airtel will own 18.3 per cent stake in Infratel.

 

  1. Bank of Baroda has become one of the first Public Sector Banks to launch a crèche/child daycare facility for children (6 months to 6 years of age) of its employees.
    • The bank will bear 60% of the cost every month for each employee while 40% will be taken care by the employees.
    • Shri P. S. Jayakumar is the CEO and MD of Bank of Baroda.

 

  1. Markets regulator SEBI withdrew the 20% limit on investments by Foreign Portfolio Investors (FPIs) in corporate bonds of an entity.
    • Earlier, it was mandated that no FPIs shall have an exposure of more than 20% of its corporate bond portfolio to a single corporate.

 

  1. HDFC Bank became the third Indian company after Reliance Industries (Rs. 8.52 trillion) and TCS (Rs. 7.49 trillion) to achieve a market value of 6 trillion, owing to a sudden upsurge in its share prices.

 

  1. RBI will conduct three-year buy-sell swap of $5 billion for the rupee through an auction process to infuse liquidity in the market.
    • It is a first-of-its-kind instrument used for liquidity management.
    • In the first leg of the transaction, the central bank will buy dollars in the spot market from them in exchange for rupees.
    • It will improve RBI’s foreign exchange reserves which were at $401.7 billion for the week ended March 1.
    • This move will help in reducing the sizes of RBI Open Market Operations.
    • Second, this could bring down MIFOR and USD-INR cross-currency swap rates, as RBI may have to auction the swap at much lower than current market rates, for this window to be successful.

 

Mumbai Interbank Forward Offer Rate (MIFOR) – is the rate that Indian banks use as a benchmark for setting prices on forward-rate agreements and derivatives.

It is a mix of the London Interbank Offered Rate (LIBOR) and a forward premium derived from Indian forex markets.

 

Currency Swap – also known as a Cross-Currency Swap, is an off-balance sheet transaction in which two parties exchange principal and interest in different currencies.

APPOINTMENTS

  1. C Lalsawta was sworn-in as the first Chairman of the newly-constituted Lokayukta in

IMPORTANT DAYS

  1. This year the World Kidney Day 2019 will be observed on 14th March.
    • Theme for 2019 – Kidney Health for Everyone Everywhere
    • The Second Thursday of March every year is observed as World Kidney Day every year.
    • After 15 to 20 years of having diabetes, nearly a third of people with the condition develop kidney complications.
    • There are around 72 million people with diabetes in India.

AWARDS

  1. Azim Premji, India’s second-richest man has become the most philanthropic Indian by giving away 34% of his shares in Wipro Ltd to charitable causes.
    • With the latest contribution, the total value of funds committed by the billionaire to Azim Premji Foundation’s philanthropic activities is ₹1.45 trillion ($21 billion).

SPORTS

  1. Upamanyu Dutta bagged the bronze medal in the Laser Standard race for men in the Asian Open Laser Sailing Championship which concluded in Singapore.
    • It is India’s first ever medal in the Laser Standard race.

 

  1. Olympic champion, Liu Hong, broke the world record in the 50 km race walk, finishing in 3 hours, 59 minutes and 15 seconds, at the Chinese Race Walk Grand Prix in Huangshan.
    • She became the first woman to break the 4-hour barrier in the event.

 

  1. Ace gymnast Dipa Karmakar, now has a Barbie modelled after her.
  • She became the first Indian female gymnast to win a medal (bronze) at the Commonwealth Games (2014).

MISCELLANEOUS

  1. Defence Research and Defence Organisation (DRDO) has successfully test fired the Guided Pinaka weapons system from Pokhran ranges in Rajasthan.
    • It is indigenously developed weapon.

 

  1. Lakshyaraj Singh Mewar has got its name registered in Guinness Book of World Records for the largest collection of clothes for donation after donating more than 3 lakh clothing items in Udaipur.

 

  1. John Richardson, the art historian who devoted more than a quarter century in writing four-volume biography of Pablo Picasso died in New York.

CURRENT AFFAIRS VIDEO

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