Current Affairs: 01 February 2019

Daily Current GK Update

01 February, 2019

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  1. UAE, Saudi Central Banks launch common digital currency called ‘Aber’

The central banks of the UAE and Saudi Arabia have launched a common digital currency called “Aber”, which will be used in financial settlements between the two countries through Blockchains and Distributed Ledgers technologies.

Through this digital currency, both the United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) are studying the impact on the improvement and reduction of remittance costs and the assessments of risks.

Source: – News on AIR


  1. LT Gen Rajeev Chopra takes over as Director General of NCC

Lt Gen Rajeev Chopra assumed the appointment of Director General of NCC (DGNCC). Commissioned in the Madras Regiment in December 1980, Lt Gen Chopra is an alumnus of the National Defence Academy, Khadakwasla and Indian Military Academy, Dehradun.

Lt Gen Rajeev Chopra has commanded an infantry battalion in Operation Rhino (Assam). He has commanded a Brigade in Eastern Command and was Inspector General of HQ IGAR (South) in the insurgency-torn state of Manipur. He has been awarded Ati Vishisht Seva Medal for his distinguished service in January 2018.

Source: – Press Information Bureau


  1. ISRO unveils Bengaluru centre for manned space mission

The Indian Space Research Organisation on Wednesday unveiled Human Space Flight Centre in Bengaluru for its 310,000-crore manned space mission ‘Gaganyaan’ scheduled for 2021. ISRO said the centre will be responsible for development of engineering systems for crew survival in space and crew selection and training. It’ll also pursue activities for sustained human space flight missions, ISRO added.

Source: – The Print


  1. Israel Aerospace Industries announces agreement with Indian Navy and Cochin Shipyard

Israel Aerospace Industries (IAI) announced entering into agreements worth $93 million this for providing Naval Medium Range Surface-to-Air Missile (MRSAM) systems to India. The contracts for the air defence system were entered with the Indian Navy and the Cochin Shipyard.

Under the contracts, TAI will provide complementary systems for the air defense system. They involve follow up orders for a range of maintenance and other services for various sub-systems of Tal’s advanced MSRAM ADS.

Source: – The Economic Times


  1. Maharashtra launched special scheme to curb infant deaths

The Maharashtra government launched a special scheme to curb infant deaths. Child Development Minister Pankaja Munde distributed baby-care kits to the children born in primary health centers and government hospitals.

The scheme is applicable only for the first child and will benefit around four lakh women across the state, Women. The cost of the kit is around Rs 2,000.

Source: – News on AIR


  1. UK Parliament approves Brexit amendment on replacing Irish backstop

In Britain, lawmakers voted in favor of an amendment in BREXIT plan seeking alternative arrangements to replace the Irish border arrangement known as the Irish backstop. With this, PM Theresa May will try to renegotiate the Brexit treaty with European Union. The amendment calls for the backstop to be replaced with unspecified “alternative arrangements” to avoid the reintroduction of border checks in Ireland.

The backstop is aimed at keeping an open border between European Union-member Ireland and British-ruled Northern Ireland after Brexit. Another amendment, rejecting a no-deal Brexit, also won the support of Parliament. The vote was non-binding and the date for Brexit remains 29 March 2019.

Source: -DD News

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