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CURRENT AFFAIRS: NATIONAL NEWS
Union Minister Giriraj Singh has launched PMAY Gramin Dashboard:
- Union Minister Giriraj Singh, Ministry of Rural Development (MoRD) launched the Pradhan Mantri Awaas Yojana Gramin (PMAYG) Dashboard to monitor the implementation of the scheme.
- It provides end-to-end insights regarding the physical and financial progress of the PMAY-G scheme just at a glance.
- This will cut the need of spending a large amount of time reviewing and analyzing different reports to get the desired information.
Expected Questions:
PMAY-G is a revamped rural housing programme namely ‘Indira Awaas Yojana (IAY)’ which was initiated in the year of?
1996
The Government has Targeted to the completion of 2.95 crore PMAY-G houses with all basic amenities by which year?
2024.
Who is the Director General of National Informatics Centre (NIC)?
Neeta Verma
Recent News:
- The Cabinet approved the proposal of the Department of Rural Development for continuation of Pradhan Mantri Awaas Yojana Gramin (PMAY-G) beyond March 2021 till March 2024 as per the existing norms.
- Under this extension the target is to complete the remaining 155.75 lakh houses from the cumulative target of 2.95 crore houses in rural areas.
“Vande Bharatam” signature tune has Released by Minister of State for Culture:
- Minister of State for Culture & External Affairs, Meenakashi Lekhi has released a signature tune for ‘Vande Bharatam’.
- It was produced for Vande Bharatam, Nritya Utsav of Ministry of Culture presented at Rajpath, New Delhi for Republic Day event 2022.
- The Ministry of Defence handed over the special trophy to the Ministry of Culture in recognition of its exemplary efforts during the Republic Day Event 2022.
Expected Questions:
The ‘Vande Bharatam’ signature tune is composed by Whom?
Grammy Award winner Ricky Kej and Oscar contender Bickram Ghosh
Who is the union Ministry of Culture?
G.Kishan Reddy
Related News:
Culture Ministry gets over Rs 3,000 crore in Budget:
- Budgetary allocation for the Culture Ministry for 2022-2023 has been increased by 11.9 per cent compared to the Budget Estimate (BE) for 2021-2022, with the Archaeological Survey of India (ASI) being allocated Rs 1,080 crore, 35 per cent of the total amount.
- The increase comes after a 15 per cent reduction last year, when the proposed expenditure was reduced from Rs 3,149.86 crore in 2020-2021.
Govt approves continuation of IVFRT scheme for five years with financial outlay of Rs 1,364 crore:
- The government has approved continuation of the Immigration Visa Foreigners Registration Tracking, IVFRT scheme for a period of five years with a financial outlay of over one thousand 364 crore rupees.
- The scheme will be in effect from April 2021 to March 2026
Expected Questions:
After the commencement of IVFRT, the number of Visa and Overseas Citizen of India’s cards registered a growth at CAGR of What percent?
7.7%
What does CAGR stands for?
Compounded Annual Growth Rate
Related News:
Centre approves continuation of scheme for police forces modernisation:
- The Modi government has approved the continuation of a mega police modernisation scheme for five years up to 2025-26 with a financial outlay of Rs 26,275 crore
- The government under the leadership of Prime Minister Narendra Modi has approved the continuation of the umbrella scheme of Modernisation of Police Forces (MPF).
Mansukh Mandaviya to inaugurate seminar ”Industry Connect 2022: Industry and Academia Synergy”:
- Chemicals and Fertilizers Minister Mansukh Mandaviya will inaugurate a seminar- Industry Connect 2022, Industry and Academia Synergy in New Delhi.
- The Department of Chemicals and Petrochemicals in association with Central Institute of Petrochemicals Engineering and Technology and Federation of Indian Chambers of Commerce and Industry is organizing this seminar.
Expected Questions:
What is the constituency of mansukh L Mandaviya?
Palitana, Gujarat
Who is the President of FICCI?
Harshavardhan Neotia
When was the Federation of Indian Chambers of Commerce and Industry FICCI established?
1927
Related News:
- Mansukh Mandaviya launches research portal of National Institute of Pharmaceutical Education and Research
- The National Institute of Pharmaceutical Education and Research has been established under the aegis of the Ministry of Chemicals and Fertilizers.
- The visionary augmentation of the department of pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India has led to the establishment of six new NIPERs in 2007.
Over Rs 1.80 lakh crore transferred directly into farmer families bank accounts:
- Third anniversary of the launch of PM-KISAN, over Rs 1.80 lakh crore transferred directly into farmer families bank accounts.
- The scheme was launched on 24th of February, to provide income support to all landholding farmer’s families across the country and enable them to meet expenses related to agriculture as well as domestic needs.
Expected Questions:
On Which Year PM-KISAN Scheme was Launched?
2019
Related News:
Arya.ag ties up with MAS Financial Services to offer agri-finance to farmers
-
Integrated grain commerce platform Arya.ag has announced a tie-up with MAS Financial Services, an NBFC, to offer agri-finance to farmers with a specific focus on small farmers and FPOs.
- The services will be offered by Arya.ag’s lending services arm, Aryadhan Financial Services.
IT Minister Ashwini Vaishnaw to release National Strategy on Additive Manufacturing:
- Electronics and Information Technology Minister Ashwini Vaishnaw will release National Strategy on Additive Manufacturing.
- This will cater to next-generation digital manufacturing.
- Additive manufacturing has immense potential to revolutionize country’s manufacturing and industrial production landscape.
Expected Questions:
Who is the Secretary to the Government of India, at the Ministry of Electronics and Information Technology?
Ajay Prakash Sawhney
Who is the chairman of Ministry of Electronics and Information Technology (MeitY)?
A K Nath
Related news:
National Health Authority announces integration of Ayushman Bharat Digital Mission with Aarogya Setu app
- The National Health Authority on Friday announced the integration of its flagship Ayushman Bharat Digital Mission with the Aarogya Setu app, allowing users to create the 14-digit unique Ayushman Bharat Health Account numbers from the app.
- This integration takes the benefits of the Ayushman Bharat Health Account (ABHA) number to the Aarogya Setu user base.
CURRENT AFFAIRS : BANKING & FINANCE
Moody’s projects India’s growth estimates to 9.5% in CY2022, 8.4% for FY23
- Moody’s Investors Service raised India’s growth forecast to 9.5 percent for the calendar year 2022 (Earlier it was 7 percent) and to 8.4 percent for FY23.
- It maintained a forecast for 5.5 percent growth in CY2023.
Note :
- Union Budget 2022 prioritizes growth, with a 36 percent increase in allocation to capital expenditure to9 percent of gross domestic product for FY23.
Expected Questions :
Headquarters of Moody’s Investor Service located at?
New York, United States
RBI directs NBFCs to implement CFSS by September 2025
- The Reserve Bank asked a certain class of Non-Banking Financial Companies (NBFC) to mandatorily implement ‘Core Financial Services Solution (CFSS)’ by September 30, 2025.
- NBFC-Upper Layers (UL) have to also ensure that the CFSS is implemented at least in 70 percent of ‘Fixed point service delivery units’ on or before September 30, 2024.
- Core Financial Services Solution (CFSS) for NBFC is similar to what Core Banking Solution (CBS) is for banks.
- The implementation of CFSS is not mandatory for NBFC – Base Layer and NBFC – Middle and Upper Layers with less than 10 ’Fixed point service delivery units.
- According to the scale-based framework for NBFCs, the middle layer consists of all deposit taking NBFCs, irrespective of asset size, non-deposit taking NBFCs with asset size of Rs 1,000 crore and above.
- A quarterly progress report on implementation of the Core Financial Services Solution, along with various milestones as approved by the Board / Committee of the Board, shall be furnished by the NBFC to the Senior Supervisory Manager (SSM) Office of Reserve Bank starting from quarter ending March 31, 2023.
- This circular is issued under Sections 45L and 45M of Reserve Bank of India Act,1934.
Expected Questions :
When is the Deadline for NBFC – Middle and Upper Layers to implement ‘Core Financial Services Solution (CFSS)’?
September 30, 2025
For which type of NBFC, RBI has mandated CFSS?
NBFC – Middle and Upper Layers with 10 or more ‘Fixed point service delivery units
Recent News :
- The Reserve Bank of India (RBI) has introduced a revised scale-based regulatory framework for non-banking financial companies (NBFCs) – Scale Based Regulation (SBR).
- The regulatory structure for NBFCs will have 4 layers & these layers will be structured based on their size, activity, and perceived riskiness.
About RBI :
- Founded: 1 April 1935
- Headquarters: Mumbai, Maharashtra, India
- Governor: Shaktikanta Das
- Deputy Governor : governors Mahesh Kumar Jain, Rajeshwar Rao, Michael Patra and T. Rabi Shankar.
CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS
Rakesh Sharma re-appointed MD & CEO, IDBI Bank for 3 years
- IDBI Bank’s Board of Directors has approved the re-appointment of Rakesh Sharma as Managing Director and Chief Executive Officer of the Bank for a period of three years with effect from March 19, 2022.
- Previously, he was appointed as the MD & CEO of the IDBI Bank in October 2018.
- He also served as the MD & CEO of Laxmi Vilas Bank from March 2014 to September 2015.
Expected Questions :
Who is the Additional Director (Independent Category) of IDBI Bank’s Board?
T. N. Manoharan
Headquarter of IDBI Bank located at?
Mumbai, Maharashtra
Recent News :
- IDBI Bank launched a fully digitised loan processing system, offering over 50 products to MSME and agriculture sector.
- Aim : To provide a superior tech-enabled banking experience to bank’s MSME and agri customers
About IDBI Bank :
- Chairman : M. R. Kumar
- Tagline : Bank Aisa Dost Jaisa
Sanjeev Sanyal appointed full-time member of Economic Advisory Council to PM
- Noted economist and historian Sanjeev Sanyal has been inducted as a full-time member of the Economic Advisory Council to the Prime Minister (EAC-PM) for a tenure of 2 years.
- Currently, he is the Principal Economic Adviser in the Ministry of Finance, GoI.
- In 2007, Sanyal was awarded the Eisenhower Fellowship for his work on urban issues and was also honoured by the Singapore government at the World Cities Summit 2014.
Note :
- EAC-PM, which is an independent body constituted by the central government, advises the prime minister on economic and related issues.
Expected Questions :
Who is the chairman of the Economic Advisory Council to the Prime Minister (EAC-PM)?
Bibek Debroy
Headquarters of the Economic Advisory Council to PM located at?
New Delhi, Delhi, India
Recent News :
- The Economic Advisory Council to the Prime Minister (EAC-PM), released the report on the State of Foundational Literacy and Numeracy in India.
- The report is a joint publication of Institute for Competitiveness and EAC-PM
- It highlights the importance of the foundational learning of children and also looks at Index on State of Foundational Literacy and Numeracy.
About Economic Advisory Council to PM :
- Member Secretary : Ratan P Watal
HUL appoints Nitin Paranjpe as non-executive Chairman
- Hindustan Unilever Ltd. (HUL) has announced the separation of the position of Chairman of the Board and the CEO & Managing Director with Nitin Paranjpe has been appointed as the Non-Executive Chairman of the company with effect from March 31, 2022.
- Currently, he is serving as Chief Operating Officer of Unilever, the parent company of HUL.
- He is also a member of the supervisory board of Heineken NV.
- His appointment was recommended by the nomination & remuneration committee (NRC) to the HUL board.
Additional Info :
- Hindustan Unilever announced the re-appointment of Dev Bajpai as a whole-time director for a period of five years starting from 23rd January, 2022 to 22nd January, 2027.
Expected Questions :
Headquarters of Hindustan Unilever Ltd (HUL) located at?
Mumbai, Maharashtra
Who is the Chief Executive Officer & Managing Director (CEO & MD) of HUL?
Sanjiv Mehta
CURRENT AFFAIRS : MOU & AGREEMENTS
WEF, National Institute of Urban Affairs sign MoU to collaborate on jointly designed ‘Sustainable Cities India program’
- On Feb 24, 2022, The World Economic Forum (WEF) and the National Institute of Urban Affairs (NIUA) signed a Memorandum of Understanding (MoU ) to collaborate on a jointly designed Sustainable Cities India program.
Aim :
- To create an enabling environment for cities to generate decarbonization solutions across the energy, transport, and the built environment sectors.
- The Forum and NIUA will adapt the Forum’s City Sprint process and Toolbox of Solutions for decarbonization in the context of five to seven Indian cities across two years.
Expected Questions :
Headquarters of the World Economic Forum located at?
Cologny, Switzerland
Prime Minister Narendra Modi committed India to a net-zero carbon emissions target by which year?
2070
Who is the Director of National Institute of Urban Affairs?
Mr. Hitesh Vaidya
Where was the 2021 United Nations Climate Change Conference (COP26) held?
Glasgow, Scotland, United Kingdom
Recent News :
- In Jan 2022, the World Economic Forum released an annual report titled Global Risks Report 2022 – 17th edition in collaboration with Marsh McLennan published at Geneva, Switzerland.
- The report examines risks across five categories: economic, environmental, geopolitical, societal, and
About WEF :
- Executive Chairman & Founder : Klaus Schwab
About NIUA :
- Established : 1976
- Located at : New Delhi, Delhi, India
- NIUA is India’s leading national think tank on urban planning and development.
About Ministry of Housing and Urban Affairs :
- Cabinet Minister : Hardeep Singh Puri
- Minister of State : Kaushal Kishore
CURRENT AFFAIRS : DEFENCE NEWS
First batch of 3 MH-60R helicopters to arrive in India in July
- The first batch of three MH-60R Multi-Role Helicopters are scheduled to arrive in India by mid-July 2022 in Kochi, Kerala.
- Three helicopters were handed over by the United States in July 2021 & are currently being used to teach Indian pilots in Pensacola, San Diego and
- MH-60R helicopters will replace Sea King 42/42A helicopters, which were decommissioned in the
- India had signed a $2.2 bn deal for MH-60R helicopters during the visit of the S. President Donald Trump in February 2020.
Expected Questions :
Who manufactured the MH-60 Romeo helicopter?
Lockheed Martin Corporation
How many MH-60 helicopters in India?
24
Recent News :
- In July 2021, the US Navy handed over the first two MH-60R Multi Role Helicopters (MRH) to the Indian Navy.
- These Helicopters are being procured under foreign military sales from the US at an estimated cost of USD 2.4 billion.
Three More Rafale Fighter Jets Arrive In India From France
- Three more Rafale fighter aircraft of the Indian Air Force (IAF) reached India from France.
- With this new arrival of the three jets, the total Rafale fleet with the Indian Air Force (IAF) has reached 35.
- The twin-engine Rafale jets are capable of carrying out a variety of missions: ground and sea attack, air defence and air superiority, reconnaissance, and nuclear strike deterrence.
Expected Questions :
How many Rafale are there in the Indian Air Force?
36 Rafale
When will the 36th Rafale fighter aircraft arrive in India from France?
March – April 2022
In which year, India exchanged Rs 59,000 crore deal with France for 36 Rafale fighter jets?
September 2016
Recent News :
- Indian Air Force will participate in a multi-nation air exercise named ‘Ex Cobra Warrior 22’ at Waddington, UK from 06 to 27 March 2022.
- To provide operational exposure and share best practices amongst the participating Air Forces, thereby enhancing combat capability and forging bonds of friendship.
About France :
- President: Emmanuel Macron
- Capital: Paris
- Currency : Euro, CFP franc
Indian Navy receives 12th P-8I aircraft from Boeing
- On Feb 23, 2022, the Indian Navy received the 12th anti-submarine warfare aircraft P-8I from the US-based aerospace company Boeing.
- The Ministry of Defence had signed a contract for eight P-8I aircraft in 2009.
- This is the fourth of four additional aircraft delivered under the options contract signed by the Ministry of Defence in 2016.
Expected Questions :
When was the 1st edition of the naval commanders conference held?
23 April 2019, New Delhi
Who is the first international customer of Boeing for P-8I?
Indian Navy
In which year the Indian Navy inducted the first P-8I aircraft?
2013
Recent News :
- In Oct 2021, The Indian Navy received the 11th anti-submarine warfare aircraft P-8I from the US-based aerospace company Boeing, United States.
- The Long Range maritime reconnaissance and anti-submarine warfare capabilities, the P-8I has been deployed to assist during disaster relief and humanitarian missions
- It is the third aircraft to be delivered under the option contract for four additional aircraft.
About Indian Navy :
- Headquarters : New Delhi
- Chief of Naval Staff: Admiral R Hari Kumar
DRDO successfully tests Quantum Key Distribution tech between 2 cities in UP
- Defence Research and Development Organisation (DRDO) successfully demonstrated Quantum Key Distribution (QKD) link between Prayagraj and Vindhyachal in Uttar Pradesh, a distance of more than 100 kilometres.
- The performance parameters have been measured and have been found to be repetitively within the reported international standards at sifted key rates of up to 10 kHz.
About QKD :
- Quantum key distribution is a secure communication method which implements a cryptographic protocol involving components of quantum mechanics.
- It enables two parties to produce a shared random secret key known only to them, which can then be used to encrypt and decrypt messages.
Expected Questions :
In collaboration with which institute DRDO successfully tests Quantum Key Distribution tech between 2 cities in UP?
IIT Delhi
Who is the Chairman of DRDO?
Dr G. Satheesh Reddy
About DRDO :
- Headquarters : New Delhi, Delhi, India
Recent News :
- In December 2020, the QKD technology was tested between two DRDO facilities in Hyderabad the Defence Research and Development Laboratory (DRDL) and Research Centre Imarat (RCI) over a distance of 12 km
CURRENT AFFAIRS : SCIENCE & TECHNOLOGY
NIOT : Indigenous submersible vehicle Matsya 6000 will be ready as planned for Samudrayaan
- The indigenously developed manned underwater submersible automobile able to take three people to a depth of 6,000 m, Matsya 6000, can be prepared as initially deliberate for its launch in 2024 for the Samudrayaan Mission.
About Matsya 6000 :
- It is designed by the ISRO and developed by the the Ministry of Earth Sciences and NIOT, Chennai, beneath the aegis of Deep Ocean Mission.
- The manned submersible, designed to hold three folks in 1 meter diameter Titanium Alloy Personnel Sphere.
Features of Matsya 6000 :
- Operational Capacity : 12 to 96 hrs
- Depth ranges between 1,000 and 5,500 meters.
Expected Questions :
Who is the director of NIOT?
Dr. Gidugu Ananda Ramadass
Recent News :
- The Ministry of Earth Sciences celebrated 147th Foundation Day on 14th January 2022.
About NIOT :
- Headquarters : Chennai, Tamil Nadu
- The NIOT is an autonomous society under the Ministry of Earth Sciences, Government of India.
About Ministry of Earth Sciences :
- Responsible Minister : Dr Jitendra Singh
CURRENT AFFAIRS: SPORTS NEWS
Tan Kim Her appointed India’s badminton doubles coach till 2026 Asian Games:
- Ministry of Youth Affairs and Sports has approved the appointment of ace Malaysian badminton coach, Tan Kim Her, as India’s Doubles Coach till the Asian Games in 2026.
- The 50-year-old’s return to India will raise the stock of the double’s combinations in the country.
Expected Questions:
Tan Kim Her BELONGS TO Which Country?
Malaysia
Prior, Tan Kim Her is Which countries men’s doubles coach?
Japan
Related News
Subramanian, Panwar win Iran Junior International badminton titles:
- India’s Sankar Muthusamy Subramanian and Samayara Panwar won the Under-19 boys’ and girls’ singles titles at the Iran Junior International.
- While top seed Subramanian got the better of Ali Hayati of Iran 21-17 21-17 in the boys’ singles final, Panwar defeated another Iranian, Ferdous Foroughi 21-14 21-15 in girls’ singles summit clash.
- Panwar was also in the fray for the girl’s doubles crown, but lost in the final.
CURRENT AFFAIRS: BOOKS AND AUTHOR
A New book titled ‘The Great Tech Game’ penned by Anirudh Suri:
- Indian author, Anirudh Suri has come out with his new book titled “The Great Tech Game” Shaping Geopolitics and the Destinies of Nations.
- In this book, the author lays out a roadmap for how any country must develop its own strategic plan to succeed in this technology-dominant era.
Expected Questions:
A New book titled ‘The Great Tech Game’ penned by Anirudh Suri has been published by?
HarperCollins India.
Related News:
- Publishing house HarperCollins will be publishing the authorised biography of Tata Sons chairman emeritus Ratan Tata this November.
- Written by retired bureaucrat Thomas Mathew, the book will have a comprehensive account of Tata’s life, including unknown details and stories from his formative years, his time studying in the US and his early tenure with the Tata Group, as per a press statement from the publisher.
- HarperCollins India has acquired world rights in all languages for the biography from the Labyrinth Literary Agency.
Daily CA On Feb 26 :
- Union Minister Giriraj Singh, Ministry of Rural Development (MoRD) launched the Pradhan Mantri Awaas Yojana Gramin (PMAYG) Dashboard to monitor the implementation of the scheme.
- Minister of State for Culture & External Affairs, Meenakashi Lekhi has released a signature tune for ‘Vande Bharatam’.
- The government has approved continuation of the Immigration Visa Foreigners Registration Tracking, IVFRT scheme for a period of five years with a financial outlay of over one thousand 364 crore rupees.
- Chemicals and Fertilizers Minister Mansukh Mandaviya will inaugurate a seminar- Industry Connect 2022, Industry and Academia Synergy in New Delhi.
- Third anniversary of the launch of PM-KISAN, over Rs 1.80 lakh crore transferred directly into farmer families bank accounts.
- Electronics and Information Technology Minister Ashwini Vaishnaw will release National Strategy on Additive Manufacturing.
- Moody’s Investors Service raised India’s growth forecast to 5 percent for the calendar year 2022 (Earlier it was 7 percent) and to 8.4 percent for FY23.
- The Reserve Bank asked a certain class of Non-Banking Financial Companies (NBFC) to mandatorily implement ‘Core Financial Services Solution (CFSS)’ by September 30, 2025.
- IDBI Bank’s Board of Directors has approved the re-appointment of Rakesh Sharma as Managing Director and Chief Executive Officer of the Bank for a period of three years with effect from March 19, 2022.
- Noted economist and historian Sanjeev Sanyal has been inducted as a full-time member of the Economic Advisory Council to the Prime Minister (EAC-PM) for a tenure of 2 years.
- Hindustan Unilever Ltd. (HUL) has announced the separation of the position of Chairman of the Board and the CEO & Managing Director with Nitin Paranjpe has been appointed as the Non-Executive Chairman of the company with effect from March 31, 2022.
- On Feb 24, 2022, The World Economic Forum (WEF) and the National Institute of Urban Affairs (NIUA) signed a Memorandum of Understanding (MoU ) to collaborate on a jointly designed Sustainable Cities India program.
- The first batch of three MH-60R Multi-Role Helicopters are scheduled to arrive in India by mid-July 2022 in Kochi, Kerala.
- Three more Rafale fighter aircraft of the Indian Air Force (IAF) reached India from France.
- On Feb 23, 2022, the Indian Navy received the 12th anti-submarine warfare aircraft P-8I from the US-based aerospace company Boeing.
- Defence Research and Development Organisation (DRDO) successfully demonstrated Quantum Key Distribution (QKD) link between Prayagraj and Vindhyachal in Uttar Pradesh, a distance of more than 100 kilometres.
- The indigenously developed manned underwater submersible automobile able to take three people to a depth of 6,000 m, Matsya 6000, can be prepared as initially deliberate for its launch in 2024 for the Samudrayaan Mission.
- Ministry of Youth Affairs and Sports has approved the appointment of ace Malaysian badminton coach, Tan Kim Her, as India’s Doubles Coach till the Asian Games in 2026.
- Indian author, Anirudh Suri has come out with his new book titled “The Great Tech Game” Shaping Geopolitics and the Destinies of Nations.