Current Affairs: 01 March 2019

Daily Current GK Update

01 March, 2019

Powered by: –

  1. RBI, Bank of Japan sign bilateral swap arrangement with RBI

Reserve Bank of India (RBI) and Bank of Japan have signed a Bilateral Swap Arrangement (BSA). The BSA was negotiated between India and Japan during the visit he visit of Prime Minister Narendra Modi to Tokyo in October 2018. The BSA provides for India to access 75 billion US dollars whereas the earlier BSA had provided for 50 billion dollars.

The BSA was approved by the Union Cabinet in January. India can access the agreed amount of 75 billion dollars for its domestic currency, for the purpose of maintaining an appropriate level of balance of payments or short-term liquidity.

Source: – News On AIR


  1. ‘Aviation Conclave 2019’ Organised By Civil Aviation Ministry

The Ministry of Civil Aviation organised a conclave on the theme ‘flying for all’ where more than 200 delegates including industry leaders and regulators deliberated on issues and opportunities in the sector.

Civil Aviation Minister Suresh Prabhu stated that the Conclave was about the future of Indian aviation, bringing together industry leaders, government and regulators for setting the tone and propelling us to realize our Vision-2040.

Source: – Press Information Bureau


  1. BioAsia 2019 held in Hyderabad

The 16th edition of BioAsia 2019, Asia’s largest biotechnology and life-sciences forum was conducted in Hyderabad, Telangana. It was inaugurated by the Governor of Telangana E.S.L Narasimhan. The theme of the conference was ‘Life Sciences 4.0 – Disrupt the Disruption’.

‘Life Sciences 4.0: transforming health care in India’ was launched by EY. The report discusses the disruptive impact of the Fourth Industrial Revolution (Industry 4.0) on the health care ecosystem in India.

Source: –


  1. West Bengal launches ‘Banglar Shiksha’ portal

West Bengal Education Minister Partha Chatterjee inaugurated a web portal, ‘Banglar Shiksha’, which is set to provide real-time data on state-run and aided schools. The portal,, will be up and running in two months’ time, the minister stated.

A statement issued by the school education department stated that the portal will store real-time data of 1.5 crore students, 5 lakh teachers and 1 lakh schools.

Source: – Business Standard


  1. 2 pilots of Pakistani F-16 jet shot down by JAF landed in Pok: IAF

Air Vice Marshal RGK Kapoor has said two pilots of Pakistani F-16 jet shot down by IAF landed in Pok. He added Pakistan earlier lied that three IAF personnel were downed and later changed the number wrongly to two. It was only by late evening that Pakistan accepted that only one IAF pilot was downed, he added.

Source: – The Indian Express


  1. HRD Ministry launches SHREYAS scheme

Union minister Prakash Javadekar launched ‘Scheme for Higher Education Youth in Apprenticeship and Skills’ (SHREYAS) for providing industry apprenticeship opportunities to fresh graduates.

This scheme is a programme basket comprising the initiatives of three central ministries, including the HRD, Ministry of Skill Development and Entrepreneurship, and the Ministry of Labour and Employment.

Source: – Business Standard


  1. Union Minister Smriti Irani inaugurated ‘Titanwala Museum’ in Rajasthan

Union Textiles Minister Smriti Irani inaugurated the ‘Titanwala Museum’ that showcases the hand block printing of the Chhipa community in Bagru. Bagru printing is one of the traditional techniques of printing with natural color followed by the chippas of Rajasthan. The Bagru handblock printing has a history of over 1000 years.

Source: – Business standard


  1. National Science Day celebrated 28 February

National Science Day is celebrated across India on February 28. Famous Indian scientist Sir Chandrasekhara Venkata Raman or C.V. Raman discovered the Raman Effect on this day in 1928. For his discovery, Sir CV Raman was awarded the Nobel Prize in Physics in 1930.

In honour of this discovery and as a mark of tribute to the scientist, National Science Day was marked for the first time on February 28, 1987. This year the theme for the National Science Day is ‘Science for people and people for science’.

Source: – NDTV


  1. IDBI Bank appoints LIC’s Hemant Bhargava as non-executive chairman

IDBI Bank has appointed Hemant Bhargava as non-executive, non-whole time chairman. Bhargava is currently the Chairman (in-charge) and Managing Director of Life Insurance Corporation of India (LIC).

The bank stated that Bhargava has been appointed for 3 years or until he continues in his position at LIC. The life insurer is now the majority shareholder in IDBI Bank with a 51% stake.

Source: – The Money Control

Facebook Comments