Daily Current GK Update
28 February, 2019
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Rising India Summit 2019 held in New Delhi
Prime Minister Narendra Modi addressed Network-18 Rising India Summit, held in New Delhi and laid out his vision for a ‘New India’. The theme of the summit was, ‘Beyond Politics: Defining National Priorities’.
The Prime Minister discussed various topics including income tax and GDP numbers, India’s global standing, Jan Dhan accounts, and unemployment. Rising India Summit is presented by Ebix and is one of the most anticipated thought leadership forums in India.
Source: – The Money Control
Pakistan jet shot by IAF seen by ground forces falling from sky: Govt
The External Affairs Ministry on Wednesday confirmed one Pakistan Air Force fighter aircraft was shot down by the Indian Air Force. It added, “The Pakistani aircraft was seen by ground forces falling from the sky on the Pakistan side.” “In this engagement, we unfortunately lost one MiG-21,” the Ministry further said.
Source: – ANI
Odisha Cabinet approves State Film Policy 2019
With an aim to promote Odia films and create a conducive eco-system for production of films in the region, Naveen Patnaik-led state cabinet gave its nod to the Odisha State Film Policy-2019. The policy will promote quality Odia films, facilitate film tourism in the state, establish Odisha as a destination for film shooting and improve screen density in the state.
Source: – ANI News
IAF pilot missing, Pakistan claims he’s in their custody: Government
Briefing media on Indian Air Force’s (IAF) action against Pakistan violating Indian airspace, Ministry of External Affairs (MEA) spokesperson Raveesh Kumar said India has lost one MiG 21 Bison jet and a pilot is missing in action. He added that Pakistan has claimed that the pilot is in their custody. “We are ascertaining the facts,” he further said.
Source: – ANI
Assam launches PRANAM Commission to protect parents of State Government Employees
Assam Chief Minister Sarbananda Sonowal launched the PRANAM Commission, which is a panel set up to look after the issues concerning a Bill brought in for the protection of parents of state government employees.
The Parents Responsibility and Norms for Accountability and Monitoring (PRANAM) Bill, stated to be the first-of-its-kind bill in the country, aims to protect elderly parents of government employees in their times of need.
Source: – The Times of India
Manu Bhaker, Saurabh Chaudhary win gold in 10m Air Pistol Mixed Team
Manu Bhaker and Saurabh Chaudhary clinched the gold medal in the 10m Air Pistol Mixed Team event at the ISSF World Cup in New Delhi. Ranxin Jiang and Bowen Zhang of China won silver while the Republic of Korea pair Minjung Kim and Daehun Park got the bronze.
Manu and Saurabh combined to shoot a total of 483.4 points in the final. The pair had earlier equaled Qualification World Record and also set a new Qualification World Record Junior by shooting 778 points.
Source: – India Today
ISRO to launch defence satellite ‘Emisat’ in March for DRDO
Indian Space Research Organisation (ISRO) has said that the agency is set to launch an electronic intelligence satellite ‘Emisat’ for the DRDO in March. ISRO will also launch 28 third-party satellites and will demonstrate its new technologies like three different orbits with a new variant of ‘Polar Satellite Launch Vehicle’ rocket in March. It’s a “special mission”, ISRO Chairman said.
Source: – Hindustan Times
IWAI and IOCL signed MoU on fuel needs for National Waterways
Inland Waterways Authority of India (IWAI) and Indian Oil Corporation Limited (IOCL) signed an MoU for jointly developing infrastructure for fuels, lubricating oil, LPG, Natural Gas and any other related fuel and gas for meeting the requirement of National Waterways.
The MoU will provide for an understanding over general modalities of mutual cooperation leading to addressing futuristic demand of any form of energy for Inland Waterways and associated services.
Source: – Press Information Bureau
DAC approves purchase of defence equipment worth $2,700 crore
The Defence Acquisition Council (DAC) on Wednesday approved the acquisition of defence equipment worth $2,700 crore. Approval for procurement of three cadet training ships for the Indian Navy to provide basic sea training for officer cadets was granted. The meeting of the council, which is the highest decision-making body for defence purchases, was chaired by Defence Minister Nirmala Sitharaman.
Source: – The Quint
RBI removes Allahabad Bank, Corporation Bank, Dhanlaxmi Bank from PCA
The Reserve Bank of India (RBI) has taken off Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the Prompt Corrective Action (PCA) framework allowing them to resume their normal lending activities.
The Board for Financial Supervision (BFS) met to review the performance of banks under PCA and noted that the government has infused fresh capital into various banks including some of the banks currently under the PCA framework.
Source: – DD News
Donald Trump and Kim Jong-un begin second summit in Vietnam
US President Donald Trump and North Korean leader Kim Jong-un met each other on Wednesday in Hanoi, Vietnam, beginning the second summit between the two countries. “It’s an honour to be with Chairman Kim, it’s an honour to be here together,” Trump said. According to reports, the US may announce a formal end to the Korean War during the summit.
Source: – Reuters
Muhammadu Buhari re-elected Nigerian President
Muhammadu Buhari re-elected asNigeria’s President, results showed, after a delayed poll that angered voters and led to claims of rigging and collusion. Buhari, 76, took an unassailable lead of more than four million votes as the last states were yet to be declared, making it impossible for his nearest rival, Atiku Abubakar, to win.
Source: – DD News
BoB ties up with German KfW for USD 130m to Refinance Solar Units
State-run Bank of Baroda has tied up with Germany’s KfW Development Bank for funding of USD 130 million to refinance solar projects. The tie-up is part of an IndoGerman Solar Energy Partnership signed in 2015.
Source: – Business Standard