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Weekly Current Affairs 8th To14th February 2020

Published on February 17, 2020

National News

Elevated Light Rail System

  • The Light Rail Transit System (LRTS) in Jammu will have one corridor (from Bantalab to Bari Brahmana) with a total length of 23 kilometres.
  • The LRTS in Srinagar will have two corridors (one from Indira Nagar to HMT Junction and the second from Usmanabad to Hazuri Bagh) with a total length of 25 kilometres.

First Heli Service in Uttarakhand Launched

  • The Sahastradhara-Gauchar-Chinyalisaur route has been awarded by the MoCA to Heritage Aviation under the UDAN 2 bidding process.
  • The helicopter services will be operated by the Heritage Aviation from Sahastradhara to Gauchar and Chinyalisaur twice daily.

PISA 2021

  • PISA is a triennial international survey (every three years) which aims to evaluate the education system worldwide by testing the skills and knowledge of 15-year-old students.
  • The PISA Programme was launched in 1997 by the Organisation for Economic Co-operation and Development (OECD).

Arun Jaitley National Institute of Financial Management

  • National Institute of Financial Management (NIFM), Faridabad was set up in 1993 as a registered society under the Department of Expenditure, Ministry of Finance.
  • The NIFM was instituted with the mandate to train officers of various Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) and also officers of Indian Cost Accounts Service (ICoAS).
Weekly Current Affairs 8th To14th February 2020

CCI approved Mahindra, Ford Motor Joint Venture

  • The combination envisaged the formation of Ardour Automotive Private Limited, a joint venture between Mahindra and Mahindra Limited (M&M) and Ford Motor Company (FMC).
  • The CCI approved the venture with the transfer of the automotive business (except powertrain business at Sanand) of Ford India Private Limited (FIPL) to the joint venture.

Financial Inclusion Outreach Campaign

  • The Financial Inclusion Outreach Campaign is launched with a special focus on extending banking services to all un-banked areas of the Union Territory (UT).
  • It focuses on the broader economic agenda of allowing a wider range of people, access to financial services, adding to overall economic growth.

National Workshop on e-office

  • CPGRAMS is the web technology platform, primarily aims to enable submission of grievances by the aggrieved citizens from anywhere and anytime (24x7) basis to Ministries/Departments/Organisations.
  • The CPGRAMS provides the facility to lodge a grievance online from any geographical location.

Banking

FM Statement on Bad Loans of PSBs

  • Finance Minister (FM) Nirmala Sitharaman said public sector banks' (PSBs) bad loans came down to Rs 7.27 lakh crore at the end of September 2019.
  • The statement was given in the written reply to a question in the Lok Sabha on 10th February 2020.

RBI: Lending from CRR Buffer to get 5-year Relief

  • The incremental loans disbursed under this facility will have CRR exemption for the next five years.
  • This means that banks will not be needed to make additional cash reserve ratio against any incremental loans disbursed to the targeted segments.

Index and Ranking

Ease of Living Index and Municipal Performance Index 2019

  • The two assessment frameworks launched help assess the progress made in cities through various initiatives and empower them to use evidence to plan, implement & monitor their performance.
  • The indices are designed to assess the quality of life of citizens in 100 Smart Cities and 14 other Million Plus Cities.

Appointments

Name of the Person Designation
Anjani Rathore Chief Digital Officer of HDFC Bank
Rajiv Bansal Chairman and Managing Director of Air India
Debashis Panda Secretary, Department of Financial Services
Alok Sharma United Kingdom New Business Minister

Awards and Honours

Award Awardee
First Men's section Khelo India Ice Hockey tournament 2020 Ladakh Scouts Regimental Centre (LSRC) Red 
2019 FIH Women's Rising Star of the Year Lalremsiami

Important Days

Date Day Theme
10th February 2020 National Deworming Day Children and adolescents in the age group of 1 to 19 years are being administered a single dose of a safe medicine Albendazole in all states and Union Territories.
11th February 2020 World Unani Day To mark the birth anniversary of great Unani scholar and social reformer Hakim Ajmal Khan.
13th February 2020 World Radio Day Theme: “Radio and Diversity”.

Defence

BARC’s Bhabha Kavach

  • Bhabha Kavach developed by Bhabha Atomic Research Centre (BARC), is an import substitute and a ‘Make in India’ product.
  • The kavach is the lightest level III plus bullet proof jacket (6.8 kgs nominal weight) available in India.

President's Colour to INS Shivaji

  • INS Shivaji was established in 1945 as one of the premier training establishments of Indian Navy.
  • It imparted training to officers and sailors of the Indian Navy, Indian Coast Guard and friendly foreign navies in the domains of Marine Engineering, Nuclear, Biological and Chemical Defence etc.

Exercise AJEYA WARRIOR 2020

  • The aim of the exercise is to conduct training of troops in counter-insurgency and counter-terrorist operations in both Urban and Semi-Urban areas.
  • The focus of the exercise will be on the joint operation by soldiers on the conduct of counter-terrorist operations.

Sports

64th Bocskai Memorial Boxing Tournament

  • Gaurav Chauhan, the South Asian Games gold medallist went down fighting against Kazakhstan’s Aibek Oralbay in the final in 91kg.
  • Former youth world champion Jyoti Gulia in 51kg category claimed the silver after she lost bout 2-3 to Russia’s Soluianova Svetlana in the final.

Manpreet Singh: Player of the Year 2019

  • Manpreet Singh is the first Indian to win the accolade since the awards were introduced in 1999.
  • Belgium's Arthur van Dorren and Lucas Villa of Argentina came second and third respectively in the ranking.

Amit Panghal: Ranked No 1 for Olympic Qualifiers

  • The 24-year-old Panghal has become the first Indian pugilist in over a decade to achieve the global top position in the category.
  • The list was released by the International Olympic Committee's Boxing Task Force ahead of next month's Olympic Qualifiers.

Summits and Conferences

India International Seafood Show (IISS) 2020

  • The Marine Products Export Development Authority (MPEDA), under the Ministry of Commerce, is organising the event in association with the Seafood Exporters Association of India (SEAI).
  • The theme of this year’s seafood show is “Blue Revolution- Beyond Production to Value Addition”.

23rd Edition of National Conference on e-Governance

  • The two-day conference on e-governance has been organized by the Department of Administrative Reforms & Public Grievance (DARPG), and Ministry of Electronics & Information Technology (MeitY) in association with Department of Information & Technology, Government of Maharashtra (for the year 2020).
  • The 2020 conference focused on encouraging and improving the delivery of public services by promoting the use of digital platforms.

5th Dhaka Art Summit

  • The biennial art extravaganza of Bangladesh showcases varied art-forms including live performance, photography and painting.
  • The festival will continue till 15th Feb 2020 and more than 500 artists, sculptors, architects and art professionals from various countries will participate in the Summit.

Global Business Summit

  • GBS 2020’s broad theme is ‘Collaborate to Create: Sustainable Growth in a Fractured World’.
  • The GBS is a flagship initiative of the Times Group, was launched on January 15, 2015 and seeks to provide solutions to key macroeconomic challenges being faced in the current context.

National Water Conference

  • The National Water Conference is being held in order to solve water crisis and make the state a water-rich state.
  • Madhya Pradesh Government has announced to implement the Water Rights Act in the state and will be the first state in the country where this law will be implemented.

Conference on Combating Drug Trafficking

  • The conference is being held in pursuance of the commitment of Prime Minister, Shri Narendra Modi during the 4th BIMSTEC summit held at Kathmandu in 2018.
  • BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) is a regional organization of countries lying in the littoral and adjacent areas of the Bay of Bengal.
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