Daily Current Affairs and GK | 12 February 2022

By PendulumEdu | Last Modified: 12 Feb 2022 17:55 PM IST

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Topic: Defence

1. Indian army conducted first-of-its-kind Hackathon under the name of “Sainya Ranakshetram”.

  • Indian army has conducted first-of-its-kind Hackathon under the name of “Sainya Ranakshetram”.
  • Hackathon was conducted at the Military College of Telecommunication Engineering (MCTE), Mhow.
  • Hackathon was conducted under the overall guidance of the Shimla based Army Training Command, which is one of the seven commands of the Indian Army.
  • Hackathon was conducted from 01 October 2021 to 31 December 2021 in collaboration with the Rashtriya Raksha University, Gandhinagar, Gujarat.
  • Chief of the Army Staff General MM Naravane felicitated the winners of the Hackathon during an online ceremony held on 10 February 2022.
  • Indian Army along with the National Security Council Secretariat (NSCS) has established Quantum Lab at Military College of Telecommunication Engineering, Mhow in MP.
  • Indian Army has also established an Artificial Intelligence (AI) Centre at Military College of Telecommunication Engineering, Mhow in MP.
  • Jamnagar-based INS Valsura has been designated as the Center of Excellence (CoE) in the field of Big Data.

Topic: International News

2. India-EU hold seventh round of India-EU consultations on disarmament and non-proliferation matters.

  • India-EU held seventh round of India-EU consultations on disarmament and non-proliferation matters in a virtual format on 10 February 2022.
  • Developments in disarmament and non-proliferation relating to nuclear, chemical and biological domains were discussed as part of the consultation.
  • The consultations are part of dialogue mechanisms under the Roadmap to 2025 for strengthening of India-EU Strategic Partnership.
  • Sixth round of India-EU consultations on disarmament and non-proliferation issues was held in November 2020.

Topic: Indian Economy

3. FPI limit to invest in local debt market increased from Rs 1 lakh crore to Rs 2.5 lakh crore.

  • The limit for FPIs to invest in local debt market has been increased from Rs 1 lakh crore to Rs 2.5 lakh crore under VRR with effect from April 1.
  • Voluntary Retention Route (VRR) was introduced by RBI to assist Foreign Portfolio Investors (FPIs) in investing in debt markets of India.
  • The investments under VRR are free from macro-prudential and other regulatory controls applicable to FPI investments in debt markets.
  • Under VRR, FPIs are required to maintain minimum percentage of their investments in India for the period of their choice.
  • The increase in limit will attract additional funds and help prevent sudden shocks in the form of outflow of investment.

Topic: Indian Economy

4. Monetary policy committee keeps repo rate unchanged at 4%.

  • Monetary Policy Committee (MPC) has unanimously voted to keep repo rate unchanged at 4%.
  • MPC has voted by 5-1 majority to continue with the accommodative monetary policy stance.
  • RBI has kept reverse repo rate unchanged at 3.35%.  RBI has projected retail inflation for 2022-23 at 4.5%.
  • RBI retained its inflation projection at 5.3% for current financial year.
  • Due to rise in food prices, retail inflation increased to a five-month high of 5.59% in December from 4.91% in November.
  • RBI has kept real GDP growth projection at 7.8% for FY23. Economic Survey has projected real GDP growth at 8-8.5%.

Topic: Government Schemes and Initiatives

5. Department of Social Justice & Empowerment launches SMILE scheme.

  • Department of Social Justice & Empowerment has launched SMILE (Support for Marginalised Individuals for Livelihood and Enterprise) scheme.
  • SMILE is a central sector scheme for the welfare of transgender community and the beggars.
  • Social Justice & Empowerment Ministry has allocated Rs 365 Crore for the scheme from 2021-22 to 2025-26.
  • It includes two sub-schemes - ‘Central Sector Scheme for Comprehensive Rehabilitation for Welfare of Transgender Persons’ and ‘Central Sector Scheme for Comprehensive Rehabilitation of persons engaged in the act of Begging’.
  • The components of Central Sector Scheme for Comprehensive Rehabilitation for Welfare of Transgender Persons are given below.
    • Scholarships for Transgender Students studying in IX and till post-graduation.
    • Skill Development and Livelihood under PM-DAKSH scheme of the Department.
    • A comprehensive package in convergence with PM-JAY supporting Gender-Reaffirmation surgeries.
    • Housing in the form of ‘GarimaGreh’ (Shelter Homes).
    • Setting up of Transgender Protection Cell in each state.
    • E-Services and other Welfare Measures
  • The focus of Central Sector Scheme for Comprehensive Rehabilitation of persons engaged in the act of Begging is on survey and identification, mobilization, Rescue/Shelter Home and comprehensive resettlement.

Topic: International News

6. At the 72nd Berlinale European Film Market 2022, India Pavilion was inaugurated.

  • On the 10th of February, the India Pavilion was inaugurated during the 72nd Berlinale European Film Market 2022.
  • European Film Market has been organized on the side-lines of the Berlin International Film Festival.
  • The Ministry of Information and Broadcasting, the National Film Development Corporation, and the Confederation of Indian Industry hosted the inaugural session.
  • The pavilion will be live daily for conference sessions and film screenings till February 17.
  • Satyajit Ray's 100th birthday is also being celebrated with a special showing of chosen films of the maestro as well as documentaries about his life.
  • There are also eight other Indian films being screened in various regional languages.

Topic: Science and Technology

7. 59 megajoules of sustained energy generated by a team at the Joint European Torus facility near Oxford.

  • Scientists in the United Kingdom have reached a new milestone in the production of nuclear fusion energy or replicating the Sun's energy production process.
  • During an experiment in December, a team at the Joint European Torus (JET) facility near Oxford, central England, created 59 megajoules of sustained energy, more than double the previous record set in 1997.
  • The energy was produced in a tokamak, a doughnut-shaped machine, and the JET site is the world's largest operational site of its kind.
  • Nuclear fusion energy is low-carbon energy and safer than current nuclear energy production methods.
  • A kilogram of fusion fuel has approximately ten million times the energy contained in a kilogram of coal, oil, or gas.
 
Related Study Material
Evolution and History of the Indian Constitution Preamble of the Indian Constitution
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Governor of a State Joint Military Exercises of India with other Countries
Indus Valley Civilization Padma Awardees 2021 Winners
 

Topic: Important Day

8. National Productivity Day 2022: 12 February

  • Every year on February 12th, the nation commemorates National Productivity Day.
  • The National Productivity Day is part of National Productivity Week, which is commemorated from February 12 to February 18.
  • National Productivity Day is organized by the National Productivity Council (NPC).
  • The theme of the National Productivity Week 2022 is 'Self Reliance Through Productivity'.
  • National Productivity Day aims to highlight what more may be done to boost India's productivity and establish a more inclusive and long-term socio-economic development model.
  • National Productivity Council (NPC): 
    • It is a national organization dedicated to promoting India's productivity culture.
    • The NPC is a self-governing body that was founded in 1958 by the Ministry of Commerce and Industry.
    • Its President is Piyush Goyal.

Topic: National News

9. India and UNDP have launched a Community Innovators Fellowship.

  • To commemorate the 'International Day of Women and Girls in Science,' India has launched a Community Innovator Fellowship in collaboration with the United Nations Development Programme (UNDP).
  • The Community Innovator Fellowship program has been created as a pre-incubation model.
  • It will make it easier for young people to start their own social enterprise that focuses on SDG-based solutions to community issues.
  • The one-year intensive fellowship program is designed for aspiring community innovators, regardless of socio-economic background.
  • Since 1951, the United Nations Development Programme (UNDP) has been working in India on human development.

Community Innovator Fellowship in collaboration with the UNDP

(Source: News on Air)

Topic: Government Schemes and Initiatives

10. 29 States covered under the Krishi Udan Scheme 2.0.

  • 29 states are covered under Krishi Udan Scheme 2.0 within a short span since it was announced on October 27, 2021.
  • All the airports in North East Region (NER) States including Assam are covered under the Scheme.
  • The scheme primarily focuses on transportation of perishable food items from hilly areas, north-eastern states (including Assam) and tribal areas.
  • Krishi Udan Scheme 2.0 aims to increase the share of air carriage in the modal mix for transportation of Agri-produce.
  • The scheme was formulated with support from AAI Cargo Logistics and Allied Services Company (AAICLAS) and Invest India.
  • Strengthening of cargo related infrastructure at airports is included in the scheme.
  • The scheme also includes technological convergence such as development of E-KUSHAL (Krishi UDAN for Sustainable Holistic Agri-Logistics).
  • Krishi Udan Scheme is a convergence scheme where eight Ministries/Departments would leverage their current schemes to strengthen the logistics for transportation of Agri-produce.
  • There is no specific budget for Krishi Udan under the Scheme.

Topic: Reports and Indices

11. India is ranked at 46th place in EIU’s Democracy Index for 2021.

  • India is ranked at 46th place in Economist Intelligence Unit’s Democracy Index for 2021.
  • India’s score is 6.91. Its score is lowest (5) on the parameter of political culture and highest (8.67) on the parameter of electoral process and pluralism.
  • India’s score on parameters of civil liberties, political participation and functioning of government is 6.18, 7.22 and 7.50, respectively.
  • Bangladesh’s rank in Democracy Index for 2021 has improved by one position.
  • It is ranked at 75th rank among 167 countries of world. It scored 5.99 on a scale of 10 in 2021. Its score is same as in 2020.
  • Bangladesh has been classified as having a hybrid regime. Its score for civil liberties improved but the score on political participation declined from last year (2020).
  • Its score on parameters of electoral process and pluralism, functioning of government and democratic plural culture has not changed from last year (2020).
  • As per the report, over one-third of the world’s population live under authoritarian rule.
  • Norway occupies first place in the democracy index followed by New Zealand, Finland and Iceland.
  • Afghanistan is ranked at the last place in the index followed by Myanmar (2nd position from bottom) and North Korea (3rd position from bottom).
  • Indonesia (ranked at 52nd) has shown second biggest improvement globally (after Zambia) in its total index score.
  • 21 of 167 countries included in the index are placed under the category of full democracy and 53 are placed under the flawed democracy category.
  • 34 are placed under hybrid democracy category and 69 are placed under authoritarian governments.
  • Economist Intelligence Unit (EIU) is part of the Economist Group. It brings out Democracy Index and Government Broadband Index.
  • EIU Democracy Index:
    • It is based on 60 indicators grouped into five parameters.
    • These parameters are electoral process and pluralism, civil liberties, the functioning of government, political participation and political culture.

Topic: Important Day

12. International Day of Women and Girls in Science: 11 February

  • Every year on February 11, the International Day of Women and Girls in Science is commemorated.
  • It is celebrated to raise awareness about the role of women in achieving development goals.
  • "Equity, Diversity, and Inclusion: Water Unites Us" is the theme for the 7th International Day of Women and Girls in Science.
  • In 2015, the United Nations General Assembly (UNGA) declared February 11 as the International Day of Women and Girls in Science.
  • Science and gender equality are both critical to achieving development goals and the 2030 Agenda for Sustainable Development.

Topic: State News / Maharashtra

13. New Darbar hall inaugurated by President Ramnath Kovind in Mumbai.

  • On February 11, 2022, President of India Shri Ram Nath Kovind inaugurated the new Darbar Hall at Raj Bhavan in Mumbai.
  • The renovated Durbar Hall of the Raj Bhavan in Mumbai is on the same site where the old Durbar Hall stood.
  • Construction on the new hall began in 2019 and was completed in December 2020.
  • In 1911, the Old Darbar Hall was constructed to welcome King George V and Queen Mary of England to India.
  • The oath-taking ceremonies of Governors, Chief Ministers, Ministers, Chief Justice of the Bombay High Court, Lokayukta, and other constitutional functionaries were organized at the Darbar Hall after Independence.

new Darbar Hall at Raj Bhavan in Mumbai

(Source: News on AIR)

Topic: Summits/Conferences/Meetings

14. PM Modi took part in the high-level segment of One Ocean Summit.

  • On 11 February, Prime Minister Shri Narendra Modi addressed through a video message to the high-level segment of the One Ocean Summit.
  • Several heads of state and government addressed the summit's high-level segment, including Germany, the United Kingdom, South Korea, Japan, and Canada, among others.
  • From 9th to the 11th February, France hosted the One Ocean Summit in Brest, France, in collaboration with the United Nations and the World Bank.
  • The Summit's goal was to mobilize the international community into taking concrete steps to preserve and support healthy and sustainable ocean ecosystems.
  • To promote awareness and restore declining marine life, the United Nations has declared the decade between 2021 and 2030 as the 'Decade of Ocean Science for Sustainable Development.'
 

 

 

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