Current Affairs Today 28th March 2019 | Current Affairs News

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Daily Current Affairs PDF of 28th March 2019

CURRENT AFFAIRS: CABINET APPROVAL

• The Union Cabinet chaired by Prime Minister, Narendra Modi has signed Memorandum of Understanding (MoUs)   in February with various countries in the field of Housing, Youth Affairs and earth sciences.
• Union Cabinet headed by Prime Minister, Narendra Modi approved MoU between India and Indonesia on combating illicit trafficking on narcotic drugs, psychotropic substances and its precursors. The MoU will help both the countries in mutual cooperation in regulation of narcotic drugs and psychotropic substances and also in combating drug trafficking.
• Union Cabinet was Cabinet apprised about the MoU signed between India and Morocco for cooperation on youth matters. The MoU will strengthen and encourage cooperation between the two countries on youth matters.
• MoU signed between India and Morocco to promote exchange of information and technical cooperation in the field of Housing and Human Settlement.
• The Memorandum of Understanding signed between India and Argentina in February 2019 on Antarctic Cooperation to help Scientific Cooperation on projects in the field of Earth Sciences. It will also help in the protection and conservation of Antarctica and Southern Oceans.
• MOU signed between India and Saudi Arabia for cooperation in the field of Housing.It will promote technical cooperation between both the countries including affordable / low income housing and will also enhance participation of authorities and companies in the housing and infrastructure projects.
• Union Cabinet has given ex-post facto approval for the MoU signed in February between India and Republic of Korea on Startup Cooperation. It will facilitate and promote bilateral cooperation between the startups of both countries.
• The Union cabinet also approved acquiring land of Central Water Commission at Nallagandla, Hyderabad by Telangana State Government for road widening.
• Creation of additional posts of three Judicial Members and three Technical Members in the National Company Law Appellate Tribunal (NCLAT).

CURRENT AFFAIRS: BANKING AND FINANCE

ICICI Prudential Mutual Fund launches Bharat Consumption Scheme

• ICICI Prudential Mutual Fund launched ICICI Prudential Bharat Consumption Scheme, which will remain open for subscription until April 9.
• The scheme aims to benefit from the Indian consumption story, considered as one of the fastest growing consumption markets globally.
• Minimum investment: Rs 5,000 and in multiples of one rupee thereafter
• 1 percent if investments are redeemed within 12 months from the date of allotment
• The benchmark for the Scheme is Nifty India Consumption Index and will be managed by Rajat Chandak and Dharmesh Kakkad. The overseas investments of the scheme will be managed by Priyanka Khandelwal. 

CURRENT AFFAIRS: AWARDS AND HONOURS

‘Nobel prize of computing’ reveals three winning fathers of AI revolution

• The group organises the Turing Award each year, often referred to as the ‘Nobel prize for computing’ and have named the 2018 recipients as Yoshua Bengio, Geoffrey Hinton, and Yann LeCun who will share the $1m prize.
• The trio is known as ‘godfathers of AI’. They are known for laying the foundations for the current boom in artificial intelligence.
• LeCun currently the vice-president and chief AI scientist for Facebook, while Hinton is a vice-president and an engineering fellow at Google. Meanwhile, Bengio is a professor at the University of Montreal and scientific director at Mila, Quebec’s AI institute.
• Working independently and together, Hinton, LeCun and Bengio developed conceptual foundations for the field and demonstrated the practical advantages of deep neural networks which have since led to breakthroughs in fields such as computer vision, speech recognition, natural language processing and robotics.

CURRENT AFFAIRS: MOU

India-African Union sign MoU on strengthening cooperation in healthcare sector

• An agreement has been signed between India and the African Union to establish an India-Africa health sciences collaborative platform.
• The MoU will pave the way for cooperation in research and development, capacity building, health services, pharmaceutical trade and manufacturing capabilities for drugs and diagnostics.

USEFUL INFO
African Union Headquarters	Addis Ababa, Ethiopia
African Union Chairman	Abdel Fattah el-Sisi

CURRENT AFFAIRS: APPOINTMENTS AND RESIGNATION

Basketball Federation of India appoints Serbian Veselin Matic as coach of Indian men’s team

• The Basketball Federation of India appoints Veselin Matic as the new head coach of the Indian men’s basketball team.
• Zoran Visic, who was earlier in charge of both the men’s and women’s national sides will continue with the women’s team after the recruitment of Visic took over the men’s side for the FIBA World Cup and the Asian qualifiers after taking over following a poor run during the Commonwealth Games in 2018.

CURRENT AFFAIRS: SCIENCE AND TECHNOLOGY

India successfully conducts A-SAT missile test under ‘Mission Shakti’

• Defence Research and Development Organisation, DRDO successfully conducted an Anti-Satellite (A-SAT) missile test, under Mission Shakti from Dr A P J Abdul Kalam Island in Odisha.
• A DRDO-developed Ballistic Missile, Defence Interceptor Missile successfully engaged an Indian orbiting target satellite in Low Earth Orbit (LEO) in a Hit to Kill mode.
• The missile travelled a distance of almost 300 km from earth and hit the target within three minutes of its launch
• With this achievement, India has now become the only fourth nation after US, Russia and China to have such capability.

Facebook launches tools to boost election engagement

• Social-networking site Facebook launched two new India-specific tools ‘Candidate Connect’ and ‘Share You Voted’ to boost civic engagement on its platform during the general elections that commence in April.
• While ‘Candidate Connect’ will help people learn more about candidates, the ‘Share You Voted’ will provide people with polling information and enable them to announce and celebrate their vote.

ISRO launched the ‘Young Scientist Programme’ YUVIKA for school children

• Indian Space Research Organisation (ISRO) had announced a new initiative aiming at school children called ‘Young Scientist Programme’ or ‘YUva VIgyani KAryakram’ (YUVIKA)
• The Program aims at imparting basic knowledge on space technology, space science and space applications to young school goers with the intent of arousing their interest in the emerging areas of space activities.
• The Young Scientist Programme will be conducted for a duration of two weeks across four centres of ISRO during the second half of May 2019,
• 3 students from each State or Union Territory will be selected to participate in this programme covering CBSE, ICSE and State syllabus. The selection of the students would be based on their performance in the 8th Standard, which includes both academic and extracurricular activities.

CURRENT AFFAIRS: MoU

India, US ink pact to check tax evasion by MNCs

• India and the US signed an agreement for exchange of country-by-country (CbC) report
• The move that is expected to give a huge relief to subsidiaries of US headquartered companies in taxation-related matter
• The agreement was signed by PC Mody, Chairman, Central Board of Direct Taxes (CBDT), and Kenneth I Juster, US Ambassador to India.
• This agreement for exchange of CbC reports, along with the Bilateral Competent Authority Arrangement, will enable both the countries to automatically exchange CbC reports filed by the ultimate parent entities of multinational enterprises (MNEs) in the respective jurisdictions, pertaining to the years commencing on or after January 1, 2016

Infosys, Roland-Garros team up for digital innovation

• Infosys and Roland-Garros Grand Slam tennis tournament, also called the French Open, announced a three-year strategic technology partnership.
• The partnership aims to re-imagine the tennis experience for the fans and the players globally

CURRENT AFFAIRS: BOOKS AND AUTHORS

Chetan Bhagat Announces his Latest Non-Fiction Book‘India Positive’

• The famous Indian author of bestselling books, Chetan Bhagat, has announced his latest non-fiction book titled‘India Positive’ which is set to release on 1st May 2019.
• He revealed the cover and title of the book in a Facebook Live video where he was joined by all his fans on the social platform.
• It is a non-fiction book comprises essays on a variety of subjects such as education, employment, GST, corruption and casteism.

CURRENT AFFAIRS: SPORTS

Manu Bhaker-Saurabh Chaudhary wins junior and senior gold in Asian Airgun C’ship

• India had a successful start to the 12th Asian Airgun Championship in Taoyuan, Taipei with two gold medals.
• India won both 10m air pistol mixed team gold in both juniors and seniors.
• After winning an International Shooting Sport Federation World Cup stage gold, the pair of stars Bhaker and Chaudhary won senior gold together
• National champion Esha Singh and Vijayveer Sidhu won the gold in juniors.

 CURRENT AFFAIRS: OBITUARY

Malayalam writer and poet Ashita passed away

• Well-known Malayalam writer and poet Ashita has passed away
• Ashita has been the recipient of several awards including the prestigious Padmarajan Award – Thathagatha (2000), Lalithambika Antharjanam Award (1994) and Edaserri Award (1986).
• As many as twenty books including poems, translations and children’s literature were published on Ashita’s name. Some of her noted works include ‘Apoorna Viramangal, ‘Vismaya Chhihnangal and Ashithayude Kathakal.

Experimental Singer-Songwriter Scott Walker passed away

• Songwriter and producer Scott Walker, the powerful pop singer turned avant-garde adventurist who influenced singers like David Bowie and Thom Yorke, has died at age 76.
• He was popularly known for the hit song‘The Sun Ain’t Gonna Shine Anymore’.

Former Australian Test cricketer Bruce Yardley passed away

• Former Australian Test cricketer, coach and commentator Bruce Yardley has passed away
• Yardley started his cricketing career as a medium-pacer but later turned to be an off-spinner
• The off-spinner played 33 Tests and seven ODI’s for Australia between 1978 and 1983
• Yardley had coached the Sri Lankan team in the late 1990s