Daily Current Affairs 28 February 2018 for Banking/Insurance/SSC and other related exams.
Centre nods Rs 5000cr action plan for ‘champion’ sectors
The Union Cabinet has approved the Department of Commerce’s proposal to give focused attention to 12 ‘Champion’ Services Sectors for promoting their development in order to realise their potential.
- A dedicated fund of Rs 5000 crore has been proposed in order to support initiatives for sectoral action plans of the Champion Sectors.
- The initiative, which is touted to enhance the competitiveness of India’s service sectors, would contribute to the GDP and exports of services to global markets by creating more jobs in India.
Health Minister JP Nadda rolls out free viral load tests for HIV
Health minister JP Nadda launched free Viral Load Tests, which measure the quantity of virus in the body. The move is likely to benefit 12 lakh people living with HIV/AIDS (PLHIV) in the country.
- The viral load test is a “big step towards the treatment and monitoring of people living with HIV. This test is of immense importance to monitor the effectiveness of treatment of patients taking lifelong anti-retroviral therapy (ART).
Central Government sanctions more than Rs. 700 crore under PMGSY for Arunachal Pradesh
Union Rural Development Ministry sanctioned more than Rs. 700 crore for 43 roads and 15 bridges under Pradhan Mantri Gram Sadak Yojana (PMGSY) for Arunachal Pradesh.
- The total of 685 KM of roads and 577 meters of bridges will be constructed out of the sanctioned amount.
Haryana Cabinet Gives Nod To Death Penalty For Rape Of Minors Aged 12 Or Less
The Haryana government gave its nod to a proposal to bring in a legislation that would have a provision awarding death penalty to those guilty of raping girls aged 12 years or less.
- In case of rape or gang rape of a girl upto 12 years of age, there will be a punishment of death or rigorous imprisonment of not less than 14 years which may extend to imprisonment for life that is for remainder period of person’s natural life.
Uttarakhand to host 13th Surya Kiran Exercise
India and Nepal would hold a joint exercise, “Surya Kiran” in Pithoragarh region of Uttarakhand that will include training on jungle warfare, anti-terrorism combat as well as disaster response activities.
Chilika Lake Largest Habitat of Irrawaddy Dolphins Globally
The Chilika lake in Odisha has emerged as the single largest habitat of Irrawaddy dolphins in the world with the spotting of 155 such animals, according to the Chilika Development Authority (CDA).
Anti-tank missile Nag successfully tested, ready for induction
The Anti-Tank Guided Missile (ATGM) Nag was successfully flight-tested in desert conditions against two tank targets at different ranges and timings, informed the Defence Ministry. The developmental trials of the missile have been completed, and now it is now ready for induction in the Army.
- The missile has been developed by Defence Research and Development Organisation (DRDO).
Moon to get its first mobile phone network in 2019
The moon will get its first mobile phone network next year, enabling high-definition streaming from the lunar landscape back to earth, part of a project to back the first privately funded moon mission.
- Vodafone Germany, network equipment maker Nokia and carmaker Audi were working together to support the mission, 50 years after the first NASA astronauts walked on the moon.
BANKING & FINANCE
AIIB approves $1.5 billion in loans to India for infrastructure projects
Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related projects in 2018.
- The funds would be used for investment in India’s energy, roads and urban development projects, and the bank will examine allotting more funds for such projects next year.
India to grow 7.6% in 2018: Moody’s
Moody’s Investors Service said the Indian economy is starting to recover from the negative impact of demonetisation and disruption caused by the GST roll-out, but kept GDP growth estimates unchanged at 7.6 per cent for 2018.
EPFO Makes Online Claims Must for PF Withdrawals Above Rs 10 lakh
Retirement fund body Employees Provident Fund Organisation (EPFO) has made it mandatory to file online claims for provident fund withdrawals above Rs 10 lakh, taking another step towards becoming a paperless organisation.
- The EPFO has also made it mandatory to file online claims for withdrawals of above Rs 5 lakh under the Employees Pension Scheme 1995.
Karnataka defeat Saurashtra to win Vijay Hazare Trophy
Karnataka defeated Saurashtra by 41 runs in the Vijay Hazare Trophy final to win the tournament for the third time. Batting first, Karnataka put up a total of 253/10 driven by Mayank Agarwal’s 90(79), before Saurashtra were bowled out for 212 in 46.3 overs
Roger Federer Becomes Most Decorated Laureus Award Winner
Tennis legend Roger Federer became the most decorated winner in the history of Laureus World Sports Awards after he won twin honours at the 18th edition of the awards ceremony in Monaco. It was his sixth award. The awards include the Sportsman and Comeback titles.
- American tennis great Serena Williams won the Sportswoman of the Year Award following her Australian Open success, her 23rd Grand Slam title. Serena is now the most decorated female Laureus Award winner with five Laureus statuettes.
Former Supreme Court Judge, Justice Ratnavel Pandian Passes Away
Former Supreme Court Judge Justice S. Ratnavel Pandian has passed away. He was a Judge of the Supreme Court of India from 14th December, 1988 to 12th March 1994.
- In 2006 he was appointed as the Chairperson of National Commission for Backward Classes.
Kanchi Shankaracharya Jayendra Saraswati passes away at 82
Kanchi Shankaracharya Jayendra Saraswati, pontiff of the Kanchi Mutt (Kanchipuram, Tamil Nadu) has passed away after a prolonged illness at Kancheepuram. He was 82.
National Science Day: 28 February
National Science Day is celebrated in India on 28 February each year to mark the discovery of the Raman effect by Indian physicist Sir Chandrashekhara Venkata Raman on 28 February 1928. For his discovery, Sir C.V. Raman was awarded the Nobel Prize in Physics in 1930.
- The theme of NSD-2018 is “Science and Technology for a Sustainable Future”, which has been chosen for the purpose of raising public appreciation of the scientific issues involved.