Daily Current Affairs and GK | 27 March 2026
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Topic: National Appointments
1. The government has appointed Kompella Venkata Ramana Murthy as a Whole-Time Member of the Securities and Exchange Board of India (SEBI).
- His tenure will last for three years or until further orders are issued.
- With his induction, SEBI now has a full set of four Whole-Time Members.
- The other Whole-Time Members include Amarjeet Singh, Kamlesh Chandra Varshney, and Sandip Pradhan.
- Murthy is a retired officer of the 1991 batch of the Indian Defence Accounts Service.
- Previously, he served as the Additional Controller General of Defence Accounts under the Ministry of Defence.
- SEBI was formed as a non-statutory body on April 12, 1988. It was set up through a resolution of the Government of India.
- It was set up as a statutory body in 1992. Tuhin Kanta Pandey is its current Chairperson.
Topic: Summits/Conferences/Meetings
2. WTO 14th Ministerial Conference convened in Yaoundé to address global trade issues.
- On 26 March, the 14th Ministerial Conference (MC-14) of the World Trade Organization started in Yaoundé, Cameroon, and will continue until 29 March 2026.
- The conference is being attended by ministers from 166 member countries to discuss key global trade issues.
- Major areas such as WTO reform, agriculture, e-commerce, and investment facilitation have been included in the agenda.
- The event has been chaired by Cameroon’s Minister of Trade, Luc Magloire Mbarga Atangana.
- The conference is being held in the context of rising geopolitical tensions and global economic uncertainties.
- Trade tensions, particularly between the United States and China, have been identified as a significant concern.
- Recent tariff measures by the United States have been questioned for being inconsistent with WTO principles.
- Core principles such as Most Favoured Nation treatment and bound tariff commitments have been highlighted during discussions.
- The conference is being viewed as an opportunity to restore confidence in the multilateral trading system.
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