Daily Current Affairs 26 January 2021 for Banking/Insurance/SSC and other related exams.
BSF launches operation ‘Sard Hawa’ at Rajasthan border
Border Security Force (BSF) launched “Operation Sard Hawa” under which it aims to increase security on the borders in Jaisalmer.
- This operation will continue till January 27 with an aim that there is no intrusion.
- BSF runs Operation “Garam Hawa” in summer season and operation “Sard Hawa” during the winter season as a routine exercise.
- In addition to this, special police checkpoints along the border will also be set up under operation Sard Hawa.
Indian Railways’ longest freight train ‘Vasuki’ sets a new record
Indian Railways’ South Eastern Central Railway(SECR) zone has created another record when it operated the longest freight train on the Indian Railways network.
- SECR Raipur division for the first time amalgamated five rakes of freight coaches from Bhilai D Cabin till Korba which falls under the Bilaspur division.
- The total length of the freight train was around 3.5 kilometers after joining the five rakes and it was named ‘Vasuki’. The distance between Bhilai to Korba is 224 kilometers and the long-haul freight train named ‘Vasuki’ covered the whole distance with five rakes of a freight train.
Indian Navy conducts exercise AMPHEX – 21 with Army and Air Force in Andaman
A large-scale tri-service joint amphibious exercise AMPHEX – 21 was conducted in Andaman & Nicobar group of islands.
- The exercise involved the participation of Naval ships, amphibious troops of the Army and different types of aircraft from the Air force.
- The exercise involved multi-faceted maritime operations by synergised employment of amphibious assault ships, surveillance platforms, execution of maritime airstrikes and complex manoeuvres at sea.
Ageing dams in India, US, other nations pose growing threat: UN report
Over a thousand large dams in India will be roughly 50-years-old in 2025 and such aging structures across the world pose a growing threat, according to a United Nations (UN) report which notes that by 2050, most people on Earth will live downstream of tens of thousands of dams built in the 20th century.
- The report, titled ‘Ageing water infrastructure: An emerging global risk’ and compiled by United Nations University’s Canadian-based Institute for Water, Environment and Health, says most of the 58,700 large dams worldwide were constructed between 1930 and 1970 with a design life of 50 to 100 years.
- The analysis includes dam decommissioning or ageing case studies from the U.S., France, Canada, India, Japan, and Zambia and Zimbabwe.
- The report said that 32,716 large dams (55% of the world’s total) are found in just four Asian countries: China, India, Japan, and South Korea – a majority of which will reach the 50-year threshold relatively soon.
BANKING & FINANCE
China overtakes Germany with largest current account surplus
Germany’s current account surplus shrank for the fifth year in a row in 2020 as China overtook Europe’s biggest economy during the COVID-19 pandemic to run the world’s largest current account surplus, a survey by the Ifo institute.
- Germany’s current account surplus shrank to $261 billion in 2020 as demand for cars, machinery and equipment fell in many of its key export markets, the survey showed. Japan came in third with a current account surplus of $158 billion.
- The data underlines a tectonic shift in world trade triggered by the coronavirus crisis as higher demand across the globe for medical protection gear and electronic devices boosted Chinese exports.
Punjab National Bank donates books to children as part of CSR
Punjab National Bank, one of the leading nationalised banks of the country, established in 1895, completed 126 years of banking service.
- On the occasion, the Bank’s Zonal Manager, Ashutosh Choudhury, visited Vijayawada circle and participated in the Corporate Social Responsibility activities.
- An industrial jumbo air cooler was donated to Sri Durga Malleswara Swamy Devasthanam. Bank officials distributed bags, uniforms, books and pens to orphans and needy children at SKCV Children trust.
- The bank has also donated Armed Forces Flag Fund to Directorate of Sainik Welfare Association, Vijayawada.
BUSINESS & ECONOMY
Indian Economy Estimated to Contract by 9.6% in 2020, Grow at 7.3% in 2021: UN
A United Nations report has projected that India’s economy will contract by 9.6 per cent in 2020 as lockdowns and other containment efforts to control COVID-19 slashed domestic consumption without halting the spread of the virus. The report said that the economy is forecast to recover and clock a 7.3 per cent growth in 2021 but slow down to 5.9 per cent in 2022.
- According to the latest World Economic Situation and Prospects released by the UN, the world economy shrank by 4.3 per cent in 2020– over two and half times more than 2009’s global financial crisis.
- The modest recovery of 4.7 per cent expected in 2021 would barely offset the losses of 2020, the report added.
Haridwar teen became one-day CM of Uttarakhand on January 24
20-year-old Shrishti Goswami from Haridwar is a one-day chief minister of Uttarakhand, marking the national girl child day, in a rare instance of real life copying a movie –Anil Kapoor starrer Nayak.
- For the first time in the history of Uttarakhand, a girl will become the state’s chief minister, even if it is symbolic and just for a day.
- Goswami, a student of B. Sc agriculture at a Roorkee-based institution, was chosen for the honour after she was elected chief minister in a mock ‘Bal Vidhan Sabha’ (Children’s State Assembly) in a symbolic event organised by the state commission, in the year 2018, for protection of child rights and to help the children understand the democratic system.
51st International Film Festival of India held in Goa
The 51st edition of International Film Festival of India (IFFI) held its coveted award ceremony on the closing day of the festival in Goa.
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Nepal climbers create history, complete first winter ascent of K2
Pakistan felicitated a team of 10 Nepali climbers for making history by becoming the first to scale in winter the world’s second highest mountain K2, considered as the world’s most dangerous and challenging peak.
- K2 with its daunting 8,611 meters height is located in Gilgit-Baltistan side of the Karakoram range. It was the only one among 8,000-meter high peaks that was never scaled in winter.
- The achievement was the result of a collaborative effort between the climbers affiliated with multiple teams: one led by Nirmal Purja and the other by Mingma Gyalje Sherpa.
SCIENCE & TECHNOLOGY
DRDO conducts maiden launch of Akash-NG missile from Integrated Test Range off coast of Odisha
Defence Research Development Organisation (DRDO) has conducted the successful maiden launch of Akash-NG (New Generation) Missile from Integrated Test Range off the coast of Odisha.
- Akash-NG is a new generation Surface to Air Missile meant for use by Indian Air Force with an aim of intercepting high maneuvering low RCS aerial threats.
- The Akash-NG system has been developed with better deployability compared to other similar systems with canisterized launcher and much smaller ground systemfootprint.
SpaceX creates new world record; launches 143 satellites on single rocket
A rocket from Elon Musk’s SpaceX has created a new record by launching 143 satellites into space on. The Falcon 9 rocket lifted off from the Space Launch Complex 40 at Florida’s Cape Canaveral Space Force Station.
- The reusable rocket launched 143 satellites to space, where 133 were government and commercial spacecraft and 10 were Starlink satellites which are part of the SmallSat Rideshare program of SpaceX.
- With the launched satellites, Musk’s SpaceX aims at providing near-global broadband internet coverage all over the world by 2021.
- SpaceX, an aerospace company, has also beaten the record of the Indian Space Research Organisation- ISRO where it deployed 104 satellites in February 2017 in a single launch.
Adityanath launches app ‘Udyam Sarathi’ for youth to explore self-employment
On the occasion of 71st foundation day of Uttar Pradesh, Chief Minister Yogi Adityanath launched ‘Udyam Sarathi’ app to help youth to explore self-employment opportunities.
- This application will provide all information related to self-employment and the job industry at one click.
- The app, prepared under the ODOP scheme and considered to be a master-key for exploring self-employment opportunities to the youth.
- Through the Udyam Sarathi app, youth would easily be able to get a varied range of business opportunities in different departments and sectors of the state and the Central government.
National Tourism Day
National Tourism Day is celebrated on January 25 every year across the country. This day is observed by the government to encourage tourism and explain the essential role of tourism in the growth of the country.
- This year, the theme of National Tourism Day is ‘Dekho Apna Desh’. Coronavirus pandemic has intensely affected the tourism sector due to the restrictions on travel.