Daily Current Affairs 17th February, 2020

Daily Current Affairs 17 February 2020 for Banking/Insurance/SSC and other related exams.

NATIONAL NEWS

Uddhav Thackeray approves renaming of Latur Medical College after former CM Vilasrao Deshmukh
Maharashtra Chief Minister Uddhav Thackeray has approved the renaming of the Latur Medical College as Vilasrao Deshmukh Institute of Medical Sciences.

  • The late Vilasrao Deshmukh had served as the former CM of Maharashtra.

Portugal to help Goa in water supply, sewerage management
Portugal and Goa signed a Memorandum of Understanding (MoU) on augmenting water supply and sewerage management shortly after President Marcelo Rebelo de Sousa’s arrival in the western coastal town.

  • The MoU will pave the way for cooperation between the two countries for showcasing common Maritime Heritage.
  • India and Portugal signed an agreement to develop a world-class National Maritime Heritage Complex (NMHC) at Lothal in Gujarat.

80th All India Industrial Exhibition held in Hyderabad
The 80th All India Industrial Exhibition was held at the Exhibition Grounds in Hyderabad, Telangana.

  • The exhibition has remained the only event of its kind in the world to be organised at a stretch for a 46-day period at its 23-acre (93,000 m2) permanent venue in Nampally.
  • Till now, 16.77 lakh people have visited our All India Industrial Exhibition

PM flags off Kashi Mahakal Express
Prime Minister Narendra Modi flagged off Kashi Mahakal Express (Varanasi-Indore) via video conferencing.

  • The train will connect the three Jyotirling pilgrim centres of Varanasi, Ujjain and Omkareshwar.

PM unveils statue of Deendayal Upadhyaya in Varanasi
Prime Minister Narendra Modi inaugurated a 63-feet tall statue of former Bhartiya Jana Sangh leader Pt Deendayal Upadhyaya.

  • The ‘Pancha Loha’ statue is the tallest statue of the leader in the country.
  • He also inaugurated the Pandit Deendayal Upadhyaya Memorial Centre.

BioAsia Summit 2020 begins in Hyderabad
The Government of Telangana hosting Bio-Asia Summit 2020 begins in Hyderabad.The theme of the Summit is “Today for Tomorrow”

  • The aim of the summit to enhance, encourage & enrich latest innovations, technologies & discoveries in the field of biotechnology.


INTERNATIONAL NEWS

Gadkari attends Global Conference On Road Safety In Stockholm
Union Minister Nitin Gadkari was represent India at the third High-Level Global Conference on Road Safety for Achieving Global Goals 2030 in Stockholm.

  • The objective of the conference is to bring road safety on the global agenda and renew the world community’s commitment to safer roads. Leaders from participating countries will draw up a road-map for reaching the United Nation’s goal set under the UN Decade of Action of reducing road crashes by 2030.

India takes over CMS COP 13 presidency for three years
India will chair the presidency of Conference of Parties (COP 13) to the Convention on the Conservation of Migratory Species of Wild Animals for three years. India will succeed Philippines which was COP 12 President from 2017.

  • India also took over UNCCD COP Presidency combating desertification for two years.


BUSINESS & ECONOMY

Moody’s revises India GDP forecast to 5.4 pc in 2020
Moody’s Investors Service revised its growth forecasts for India to 5.4 per cent for 2020 calendar year and 5.8 per cent for 2021, down from its previous projections of 6.6 per cent and 6.7 per cent.

  • The country’s real GDP grew at a meagre 4.5 per cent in Q3 2019. Improvements in the latest high-frequency indicators such as PMI data suggest that the economy may have stabilised


SPORTS

Saurav Ghosal and Joshna Chinappa Clinched 77th Senior National squash championships
India’s squash ace Joshna Chinappa has clinched 77th Senior National Championship in woman’s category at the ISA courts in Chennai

  • With the win, she claimed her 18th title in the career. Saurav Ghosal won in Men’s category bagging 13th titles to his kitty.

“United by Emotion” to be 2020 Tokyo Olympics Motto
The Tokyo Organising Committee of the Olympic and Paralympic Games revealed the official motto, “United by Emotion” for the upcoming 2020 Olympics.

  • The Motto emphasises the power of sport to bring together people from diverse backgrounds to connect and celebrate in a way that reaches beyond their differences

India’s Koneru Humpy wins Cairns Cup chess tournament
World Rapid champion, India’s Koneru Humpy won the Cairns Cup chess tournament.Humpy won the title after winning six points off nine rounds.

  • Reigning world champion Ju Wenjun finished at the second spot while Russia’s Alexandra Kosteniuk came third


APPOINTMENTS

Indian-origin minister Alok Sharma to lead UN climate summit
Indian-origin Alok Sharma was named the new UK minister in charge of the crunch UN climate talks to be hosted by Britain this November.

  • Sharma, promoted to the post of Secretary of State for Business, Energy and Industrial Strategy in UK Prime Minister Boris Johnson’s Cabinet reshuffle, will take charge of the crucial summit COP26′ as its former president was removed amid controversy just weeks ago.

Old-Timer Manoj Jain Takes Charge As GAIL’s CMD
Government-owned GAIL India Ltd announced that Manoj Jain has assumed charge as its Chairman and Managing Director.

  • He was till now Director for Business Development. Earlier, he served as Chairman of GAIL Global (USA) Inc, GAIL Global (USA) LNG LLC and Konkan LNG Pvt Ltd.


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  142. I have realized that over the course of making a relationship with real estate proprietors, you’ll be able to come to understand that, in every real estate exchange, a commission is paid. All things considered, FSBO sellers do not “save” the payment. Rather, they struggle to win the commission by doing a agent’s job. In completing this task, they shell out their money plus time to accomplish, as best they are able to, the responsibilities of an broker. Those responsibilities include displaying the home by means of marketing, presenting the home to all buyers, constructing a sense of buyer desperation in order to induce an offer, organizing home inspections, handling qualification checks with the mortgage lender, supervising maintenance, and aiding the closing.

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