Daily Current Affairs and GK | 25 February 2022

By PendulumEdu | Last Modified: 25 Feb 2022 18:37 PM IST

New Year Offer get 20% Off
Use Coupon code PENDULUMEDU

half yearly current affairs year book july dec 2021 Rs.199/- Read More
half yearly current affairs in hindi jul dec 2021 Rs.199/- Read More
current affairs year book 2021 Rs.349/- Read More
annual banking awareness 2022 books Rs.999/- Read More


Half Yearly (Jul- Dec 2021)
2021 Book

Current Affairs

Available in English & Hindi(eBook & Paperback)


Buy Now ( Hindi )

Topic: Biotechnology and Diseases

1. A 64-year-old US lady becomes first woman to be cured of HIV.

  • A 64-year-old lady of the United States has become the first woman & the third person to be cured of HIV.
  • She was treated in 2017 with the help of stem cell transplant. It is the first time that treatment has been done by involving umbilical cord blood.
  • In recent years, the ‘poke and clear’ strategy is being used to treat HIV patients. It awakens the dormant HIV-infected cells and then clears out the virus-affected cells.
  • The “block and lock” strategy is also commonly used in the treatment of HIV patients. It pushes the dormant cells into a more restive, and inactive state.
  • “Reduce and control” is the another strategy for treating the patients of HIV. It reduces the size of the dormant cells and help the immune system in controlling viral replication.
  • Human Immunodeficiency Virus (HIV):
    • Human Immunodeficiency Virus (HIV) targets the immune system and weakens body’s defense against many infections and different types of cancer.
    • Acquired Immunodeficiency Syndrome (AIDS) is the most advanced stage of HIV infection.
    • It has emerged in the 1980s and it has so far taken 36 million lives worldwide.

Topic: Summits/ Conferences/ Meetings

2. Financial Stability and Development Council’s 25th meeting concluded in Mumbai.

  • Union Finance Minister Nirmala Sitharaman chaired the 25th meeting of the Financial Stability and Development Council.
  • In this council, various issues were discussed including measures required for further development of the financial sector and to achieve inclusive economic growth.
  • The council also discussed issues related to currency management and took note of the activities undertaken by the FSDC Sub-Committee.
  • Financial Stability and Development Council:
    • It was established in 2010.
    • It has been set up by the government in consultation with financial market regulators.
    • Its main aim is to strengthen and institutionalize the mechanism for maintaining financial stability and to promote financial sector development.
    • It also focuses on financial literacy and financial inclusion.

Topic: Defence

3. Ministry of Defence and BEL signed a contract for retro-modification of Battle Tanks T-90.

  • For the retro-modification of Commander Sight of Battle Tanks-T-90, the Defence Ministry's Acquisition Wing signed an agreement worth 1075 crore rupees with Bharat Electronics Limited.
  • 957 T-90 tanks of the Indian Army will be retro-modified as part of the agreement.
  • The commander sight is an optical observation device on a tank.
  • The commander sight of T-90 is equipped with an image converter (IC) tube-based night vision system.
  • DRDO and BEL have developed an enhanced mid-wave thermal image (MWIR)-based sight to replace the previous IC-based sight.
  • The new retro-modified Commander sight uses a thermal imager capable of detecting targets at 8 km during day and night and a laser ranger finder to accurately locate distances up to 5 km.
  • Bharat Electronics Limited:
    • It is a Navratna Public Sector Undertaking. It was formed in 1954.
    • It is one of the nine PSUs under the Defence Ministry.
    • It is headquartered in Bengaluru.

retro-modification of Battle Tanks T-90

(Source: News on AIR)

Topic: Indian Economy

4. Moody's forecasts India's growth rate to be 8.4 percent in FY23.

  • Moody's Investors Service raised its growth rate prediction for the Indian economy for the financial year 2022-2023 (FY23) to 8.4% from 7.9% previously.
  • According to the latest Moody's Global Macro Outlook report, higher oil prices and supply distortions will continue to "drag on growth".
  • On the other hand, Fitch Ratings maintained its earlier forecast of 10.3 percent growth in FY23.
  • According to Moody's, the Indian economy is expected to grow at a rate of 9.5 percent in FY22.
  • The 5.5 percent GDP growth estimate for 2023 has been maintained.
  • While the Economic Survey predicts that India's GDP will increase by 8% to 8.5% in 2022-23, and the Budget predicted a real-term growth of 7.6% to 8.1%.
  • Moody's forecasts that the G-20 economies will collectively expand by 4.3% in 2022, down from 5.9% in 2021.

Topic: Appointments

5. IDBI Bank re-appointed Rakesh Sharma as its MD & CEO.

  • The board of directors of IDBI Bank has approved Rakesh Sharma's re-appointment as managing director and chief executive officer (MD&CEO).
  • He will be appointed for a three-year term.
  • The reappointment of Sharma as the MD and CEO of the bank has also got the approval of Reserve Bank of India (RBI).
  • IDBI Bank:
    • It was set up in 1964. It is headquartered in Mumbai.
    • In 2019, LIC acquired a 51 percent share in IDBI Bank.
    • Currently, the government of India and the Life Insurance Corporation of India own 94.71 percent of the bank.

Topic: Sports

6. SAAF and 56th National Cross-Country Championship will start on March 26.

  • Nagaland will host the 2nd South Asian Athletic Federation (SAAF) cross-country championships and the 56th National Cross-Country Athletics Championships beginning on 26th March in Kohima.
  • Participants from allied states and union territories of the country, including railways, are expected to participate in the event, which begins at Indira Gandhi Stadium, Kohima.
  • All of the SAAF countries have also confirmed their participation.
  • The tournament will be Nagaland's first international athletics event.
  • A joyful happy-running 'Hornbill' is the official mascot of the South Asian Cross-Country Championships and the 56th National Cross Country.
  • The Mascot's name is Akimji, which is a meaning of the term AMBITION derived from the Sumi dialect of the Naga tribe and represents the aspirations of the next generation of Naga youth.
  • The Annual General Meeting of SAAF will also be held in Kohima.
 
Related Study Material
Evolution and History of the Indian Constitution Preamble of the Indian Constitution
Major sources of Indian Constitution President of India
Ramsar sites of India 2022 Classification of Rocks
Interior of the Earth Tax system in India
 

Topic: Government Schemes and Initiatives

7. Union Minister for Rural Development and Panchayati Raj Giriraj Singh released Ombudsperson App for Mahatma Gandhi NREGA.

  • The Minister said that Ombudsperson App is a step towards e-governance. It will help in ensuring transparency and accountability.
  • The app will facilitate hassle free reporting, categorization of grievances and disposal of complaints by Ombudsperson.
  • The app will also ensure tracking and timely passing of awards by Ombudsperson. It will also enable Ombudsperson in convenient uploading of quarterly and annual reports on the website.
  • As per Section 30, Schedule 1 of MGNREGA, States are authorized to appoint an Ombudsperson for each district for receiving grievances, enquiring and passing awards.
  • Mahatma Gandhi National Rural Employment Guarantee Act 2005 (MGNREGA):
    • It was passed by Parliament on 23rd August 2005. It came into force on 2 February 2006.
    • In October 2009, National Rural Employment Guarantee Act 2005 was amended and its name was changed from NREGA to MGNREGA.
    • Under MGNREGA, there is a provision to provide at least 100 days of guaranteed wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.

Topic: Summits/Conferences/Meetings

8. Archaeological Survey of India is organizing international conference on the theme ‘Devayatanam - An odyssey of Indian temple architecture'.

  • The two-day conference is being organized at Hampi, Karnataka. The conference has started from 25 February 2022.
  • Union Minister for Culture G Kishan Reddy inaugurated the conference. The inaugural session has been organized at Pattabhirama Temple, Hampi.
  • During the conference, eminent scholars will discuss various facets of the great temples of India.
  • Scholars will also discuss the various faces and styles of temple architecture such as the Nagara, Vesara, Dravida, Kaling.
  • Pattabhirama Temple:
    • It is notable for its size and completeness. A hall is located in front of the main sanctum of the temple. This hall is an example of Vijayanagara style composite pillar architecture.
    • Pattabhirama temple complex is also known as Varadevi Ammana Pattana. It was built in the early 16th century. It is dedicated to Rama (Vishnu avatar).

Pattabhirama Temple

(Source: News on AIR)

Topic: National News

9. Ministry of Electronics and IT released “National Strategy on Additive Manufacturing”.

  • Union Minister Ashwini Vaishnaw, and Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology and Skill Development and Entrepreneurship released a “National Strategy on Additive Manufacturing” on 24th February.
  • Additive Manufacturing (AM) with the help of digital processes, communication, imaging, architecture and engineering can revolutionize India’s manufacturing and industrial production landscape.
  • The government will encourage Innovation and the R&D ecosystem in PPP mode. This policy will help in transforming the existing research knowledgebase for developing Additive Manufacturing grade materials, 3D printer machines, etc.
  • A dedicated National Centre will act as an aggregator of knowledge and resources to accelerate technology adoption and advancement.
  • “National Strategy on Additive Manufacturing” aims to achieve 5% of Global AM market share by 2025. It will create an ecosystem for creating nearly 100 new Startups.
  • Additive manufacturing (AM) or additive layer manufacturing (ALM) is the industrial production name for 3D printing.

National Strategy on Additive Manufacturing

(Source: News on AIR)

Topic: MoUs/Agreements

10. World Economic Forum and National Institute of Urban Affairs inked an MoU for collaborating on ‘Sustainable Cities India program’.

  • ‘Sustainable Cities India Program’ was launched to help Indian cities to meet Net Zero Goals.
  • This collaboration will help cities in India and cities of the world to learn from each other.
  • National Institute of Urban Affairs and World Economic Forum will decarbonize five to seven cities with the help of City Sprint process and Toolbox of Solutions.
  • City Sprints will help in accelerating net zero planning and action. It will also enable cities to run pilot solutions.
  • The goal of ‘Sustainable Cities India program’ is to create an enabling environment for cities to provide decarbonization solutions in the energy, transportation, and built environment sectors.
  • Decarbonization can help in keeping global warming well below 2°C.
  • The World Economic Forum’s Net Zero Carbon Cities’ mission aims to foster public-private collaboration for urban decarbonization, clean electrification, clean source of energy, etc.
  • National Institute of Urban Affairs:
    • It is one of the most reputed national think-tank for urban planning and development in India.
    • It provides solutions for the challenges of Urbanizing India and pave way for making cities more inclusive and sustainable.
    • It was established in 1976.
    • Mr. Hitesh Vaidya is the current director of NIUA.

Topic: National News

11. Union Health Minister launched national policy on Biomedical Innovation & Entrepreneurship.

  • The government has launched national policy on Biomedical Innovation & Entrepreneurship for Medical Professionals, Scientists, and Technologists.
  • It will ensure multi-disciplinary collaboration and develop an innovation- led ecosystem at Medical Institutes.
  • It will promote start-up culture at Medical Institutes across the country.
  • It will help in converting ideas and innovations in the health sector into commercial products.
  • It will encourage medical professionals/ doctors to form start-up companies.
  • This policy has been formulated by DHR- ICMR in consultation with other Government Department/ Ministries/ Organisations.

Topic: Sports

12. Ladakh Scouts Regimental Centre wins second LG Cup Ice Hockey Championship 2022.

  • Ladakh Scouts Regimental Centre defeated ITBP by 3-0 in the finals.
  • It is the second consecutive title of the season for Ladakh Scouts Regimental Centre.
  • Ladakh Lieutenant Governor RK Mathur presented the trophies to the winners of the men’s and women’s categories.

Topic: State News/ Karnataka

13. Central government declared Upper Bhadra Project as a National Project.

  • A high power committee formed by the Central government has approved the proposal to declare the Upper Bhadra Project as a National Project.
  • The Central government will give 12,500 crores for the implementation of this project. It will transform central Karnataka from being water- scarce to water-rich region.
  • This project will bring a large tract of land of Central Karnataka under irrigation. It will also help in raising the underground water table.
  • It is the first project of Karnataka to get the status of the National Project.
  • Upper Bhadra Project:
    • The Upper Bhadra Project foundation stone was laid by former Chief Minister BS Yediyurappa in 2008.
    • This project is designed to irrigate 2.25 lakh hectares in Chitradurga, Davangere, Tumakuru, and parts of Chikkamagaluru.

Topic: Space and IT

14. Chandrayaan-2 detected solar proton events.

  • A Large Area Soft X-ray Spectrometer of Chandrayaan-2 Orbiter has detected solar proton events.
  • It also detected, coronal mass ejections (CMEs), which is a powerful stream of ionized material and magnetic fields.
  • Chandrayaan-2 Large Area Soft X-ray Spectrometer (CLASS) detected solar proton events due to an M5.5 class solar flare that has occurred on 20 January 2022.
  • When the sun is active, it produces eruptions known as solar flares. It occasionally produces energetic particles (known as solar proton events or SPEs) into interplanetary space.
  • Solar Proton Events are high-energy protons that disrupt space systems and increase radiation exposure in space.
  • Solar flares are classified according to their strength. The smallest ones are A-class, followed by B, C, M, and X.
  • Chandrayaan-2 was launched on July 22, 2019. ISRO is planning to launch Chandrayaan-3 in August 2022.
 

 

 

0
COMMENTS

Comments


Share Blog


Half Yearly (Jan - June 2021)
2021 Book

Banking Awareness

For IBPS, SBI, SEBI, RBI, State PCS, UPSC Exams

Preview Buy Now
Current Affairs

Attempt Daily Current
Affairs Quiz

Attempt Quiz