Daily Current Affairs: February 20, 2017

Current Affairs February 20, 2017

Bharat QR code launched to push less-cash economy

BharatQR code, the world’s first interoperable payment acceptance solution, was launched as part of efforts to move towards less-cash economy at an “insignificant cost”.

  • Developed by National Payments Corporation of India (NPCI), Mastercard, and Visa, BharatQR code would require merchants to only display one QR code instead of multiple ones.
  • Devised on the direction set by the Reserve Bank of India (RBI) in September last year, it will make payments seamless for buyers as they just have to “scan to pay” for transactions instead of swiping their credit/debit cards.

SBI launches generic top level domain with its website ‘Bank.sbi’

The State Bank of India (SBI) on Monday announced rebranding of its corporate website as ‘bank.sbi’ from earlier sbi.co.in in respect of generic Top Level Domain (gTLD). gTLD adoption that enables an organization to use its corporate name (.sbi) as their website’s top-level identifier.

  • With the rebranding, SBI has become the first banking organization in India to use a gTLD for its internet presence and providing an exclusive experience of assurance and security to its customers.
  • The existing site of the bank i.e. ‘sbi.co.in’ is reportedly to continue till the customers get used to the new avtar of SBI’s secure website.

Karnataka Bank inks pact with Daimler India

Karnataka Bank Ltd has entered into a memorandum of understanding (MoU) with Daimler India Commercial Vehicles Pvt Ltd (DICV) for extending finance to customers for the purchase of commercial vehicles manufactured by the company.

Citi launches Citi Tech for Integrity Challenge

Banking giant Citi has launched the Citi Tech for Integrity Challenge (T4I) – a global program that brings on board technology innovators from around the world to create solutions to promote integrity, accountability and transparency in the public sector.

India, Pakistan extend pact on cutting risk of nuke-related mishaps

India and Pakistan extended their bilateral pact, dealing with reducing the risk of nuclear weapon-related accidents, for a period of five years.

  • According to the pact, which was inked in 2007, both India and Pakistan shall notify each other immediately in the event of an accident relating to nuclear weapons, under their respective jurisdiction or control, which could create the risk of a radioactive fallout, with adverse consequences for both sides or create the risk of an outbreak of a nuclear war between the two countries.

India to open resident mission in Rwanda soon

Seeking to give its diaspora community in Rwanda a greater push, India will open its resident mission in the Rwandan capital, Kigali, a move that will further enhance bilateral ties – Vice President Hamid Ansari announced who is on a five-day visit to Rwanda and Uganda.

Nagaland chief minister TR Zeliang resigns amidst political turmoil

Embattled Nagaland chief minister TR Zeliang announced his resignation from the top post, days after party legislators withdrew their support to break the deadlock between agitating tribal groups and the government.

  • Nagaland has been in a state of turmoil ever since the Nagaland Tribal Action Committee began their agitation demanding the resignation of Zeliang over his decision to conduct civic bodies’ elections with 33 per cent reservation for women.

DMRC to bring in world’s first transit rating system

The world’s first transit rating system, which caters exclusively to metro networks, has been unveiled at the Delhi Metro Rail Corporation’s head office.

  • With this, the Metro Bhawan has also become the first building in the country to achieve a certification by the Leadership in Energy and Environmental Design (LEED).

Bihar government officials prohibited from consuming liquor even outside the state

Moving a step forward in effective implementation of booze ban, the Bihar government prohibited all government and judicial officials from consuming intoxicating drinks even outside the state.

India is world’s largest arms importer: SIPRI

As per latest report of the Stockholm International Peace Research Institute (SIPRI), India accounted for 13 per cent of the total global arms import between 2012–16 which is highest among all the countries.

  • Saudi Arabia was the second largest arms importer in 2012-16

Flipkart ties up with Microsoft to deliver better online shopping experience

Leading Indian e-commerce major Flipkart tied up with global software major Microsoft to use its Azure cloud platform for boosting its e-tail sales.

Reliance Jio, Uber announce strategic partnership

As part of the partnership, Jio and Uber will work together and explore various opportunities to progressively enrich and enhance the digital life experience of their users through complementary programmes.

Book to chronicle Dream Girl Hema Malini’s journey

Dream Girl Hema Malini’s incredible journey from an actor, a danseuse and filmmaker to a politician is being chronicled in a new book which will hit stores on her 69th birthday this October.

  • Billed as an authorised biography, ‘Hema Malini: Beyond the Dream Girl’ is penned by author-columnist Ram Kamal Mukherjee.

Bangalore to host India’s next Davis Cup tie in April

Bengaluru will host the second round of the Asia/Oceania Group 1 tie between India and Uzbekistan which is due to start on April 7, the All India Tennis Association (AITA) announced

Virat Kohli first Indian sportsperson to ink Rs 100-cr deal with Puma

Virat Kohli became the first Indian sports personality to strike a Rs 100-crore endorsement deal with a single brand.

Shahid Afridi announces retirement from international cricket                

Pakistani cricketer Shahid Afridi announced his retirement from international cricket, bringing to an end his illustrious 21-year career.

Celebrated Hindi novelist Ved Prakash Sharma passes away at 62

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