Daily Current Affairs Updates– 22nd February 2016

    Daily Current Affairs Updates– 22nd February 2016
    Daily Current Affairs Updates– 22ndFebruary 2016:
    Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.

    International Mother Language Day was observed:

    ·       International Mother Language Day (Bhasha Divas) is being observed across the world on 21 February.
    ·       Importance of Day: Seeks to promote awareness of linguistic, multilingualism and cultural diversity. It also signifies importance of mother language as the greatest weapon to express one’s feeling.
    ·       Mother Language of one country is the sign of independence of that country.2016 Theme: “Quality education, language(s) of instruction and learning outcomes”. The year 2016 is the 16th anniversary of International Mother Language Day.
    NATIONAL:
    1). Rs. 31 profit for every unit of Freedom 251: Maker:

    ·       According to reports, Ringing Bells, the maker of the world’s cheapest smartphone Freedom 251 which is priced at Rs. 251, has said that they will make a profit of Rs. 31 for every unit of the phone.
    ·       This comes amid reports that the I-T Department is looking into the company’s finances and questions being raised about the low cost of the phone.
    2). Maharashtra to offer interest-free loans to women SHGs
    ·       Maharashtra CM Devendra Fadnavis today said that the state government will offer interest-free loans to women self-help groups (SHGs) in the state.
    ·       Further, SHG malls will be set up in every district of Maharashtra, with the first to be set up in Nagpur, he added.
    ·       The shops in the mall will reportedly be allotted only to SHGs from the state.
    3). SC notice to Centre, Haryana on Delhi water woes:

    ·       The SC issued a notice to the Centre, Haryana and UP governments after parts of Delhi faced water crisis on Sunday owing to the ongoing Jat quota agitation.
    ·       The Haryana government assured the court that the water crisis will be solved.
    ·       The protesters had blocked the Munak Canal which carries water from Yamuna river to Delhi.
    4). 17 AIIMS, 20 Cancer centres to be opened: Nadda:
    ·       Union Health Minister JP Nadda announced that the government has started the process to set up 20 cancer treatment institutes and 17 new AIIMS across the country.
    ·       The new AIIMS, once fully functional, will add at least 16,300 additional beds, the Minister said. The government also intends to launch massive awareness drives for non-communicable diseases, he added.
    5). I-T Department to launch project to mine PAN data:

    ·       According to reports, The Income Tax Department is working on a project that will focus on data mining the details available about the country’s 22.94 crore PAN holders.
    ·       The project is intended to keep track of high-value transactions by individuals or entities and expose tax evasion. It is to be implemented in a phased manner between 2016-18.
    6). SC agrees to hear Swamy’s plea on Ram Temple:
    ·       The Supreme Court today agreed to hear a plea by BJP leader Subramanian Swamy regarding the Ram Temple construction in Ayodhya, after Swamy filed a petition stating that the disputed mosque could be shifted across Saryu river.
    ·       Earlier, Swamy had claimed that the construction of temple could start before 2016 end, and SC would give a favourable verdict.
    INTERNATIONAL:
    7). India, Nepal signed seven agreements including utilisation of Indian grant of 250 million US dollars:

    ·       India and Nepal on 20 February 2016 inked and exchanged seven agreements and Memorandum of Understandings (MoUs) to boost the bilateral cooperation.
    ·       The agreements covered utilisation of Indian grant of 250 million US dollars to Nepal for post-earthquake reconstruction and another on improving of roads in Terai region.
    ·       These agreements were signed during the state visit of Prime Minister of Nepal KP Sharma Oli to India. Oli is on a five day visit to India (19-24 February 2016), which was his first foreign visit after assuming office in October 2015.
    ·       The signed agreements were:
    o  MoU on utilization of 250 US dollars million Grant component of India’s Assistance package for Post-earthquake reconstruction assistance
    o  MoU on strengthening of road infrastructure in the Terai area of Nepal
    o  MoU between Nepal Academy of Music and Drama and SangeetNatak Academy
    o  Letters of Exchange on Transit Routes
    o  Letters of Exchange on Rail Transport
    o  Inauguration of Muzaffarpur-Dhalkebar transmission line [Initial supply of 80 MW, to be augmented to 200 MW by October 2016 and 600 MW by December 2017]
    o  Establishment of Eminent Persons Group
    8). Rurban Mission has been launched by PM Narendra Modi in Chhattisgarh:
    ·       The mission was launched from Kurubhat village in Dongargarh block of Rajnandgaon district in Chhattisgarh.
    ·       The Rurban Mission seeks to develop smart village on the line of smart cities and reduce the burden of migration to the cities through adopting ‘cluster approach’.
    9). Faustin-Archange Touadera elected President of Central African Republic:

    ·       As per the initial results announced by National Elections Authority (ANE) president Marie-Madeleine Nkouet, Touadera, who campaigned against corruption, won 62.71 percent of votes cast in the 14 February 2016 election.
    ·       On the other hand, his contender Anicet-Georges Dologuele managed to poll 37.29 percent of the votes.
    10). US rejected N Korea peace talk offer before test:
    ·       US State Department revealed on Sunday that it declined North Korea’s offer of peace talks to formally end the Korean War before the country’s latest nuclear test.
    ·       US officials said the proposal was rejected as it did not address denuclearisation of the Korean peninsula. North Korea has formally been at war with South Korea and the United Nations since 1953.
    11). India agrees to Pak SIT’s visit to Pathankot:

    ·       Pakistan’s interior minister Chaudhry Nisar Ali Khan said that India has given permission to Islamabad to send a Special Investigation Team (SIT) to visit Pathankot over the terror attack that took place on January 2.
    ·       Khan said that communications will be exchanged in few days and the SIT will visit India in a gap of five days.
    BANKING:
    12). HSBC posts pretax quarterly loss of $858 million:

    ·       UK banking firm HSBC today reported a net pretax loss of $858 million for the quarter ended December compared to a net pretax profit of $1.73 billion in the year-ago period.
    ·       Revenue in the quarter fell by 18% year-on-year to $11.8 billion. The loss was attributed to lower income from lending and an increase in impairment on bad loans.
    13). NPAs of PSBs 1.5 time their valuation: Reports:
    ·       According to reports, the non-performing assets (NPAs) of public sector banks (PSBs) have ballooned to nearly Rs. 4 lakh crore, which is 1.5 times the market value of these lenders.
    ·       In contrast, the bad loans of private lenders are just 6.6% of their total valuation. Notably, the bad loans of the PSU banks rose by 50% compared to a year ago.
    BUSINESS AND ECONOMY:
    14). China steps up electric vehicle drive to lift nation’s ‘new normal’ economy:

    ·       China appears focused on rapidly developing an ecosystem for electric vehicles, which includes a surge of charging points on its expressways and a hi-tech manufacturing upgrade.
    ·       The government-owned State Grid Corporation says that its present move is part of an ambitious plan.
    ·       By 2020, the company hopes to build 10,000 rapid charging stations and 120,000 charging posts across 202 cities and 36,000 kilometer of expressways.
    15). FSSAI to work with other government agencies to spread awareness on food safety:
    ·       The Food Safety and Standards Authority of India plans to work together with central and state government agencies, universities, colleges and non-government organisations to spread awareness about food safety related issues across the country.
    ·       According to the Food Safety and Standards (FSS) Act 2006, the priorities of the FSSAI include laying down science-based standards for articles of food and regulating their manufacture, storage, distribution, sale and import to ensure availability of safe and wholesome food for human consumption.
    ·       The FSSAI has been under fire for poor implementation of norms and lack of awareness about food safety issues.
    16). Flipkart founders, others invest in SigTuple:

    ·       Flipkart founders Sachin and Binny Bansal, Accel Partners and other angel investors have invested an undisclosed amount of seed funding in Bengaluru-based medical technology startup SigTuple.
    ·       The startup builds products for automated analysis of medical images and data for accurate and efficient diagnosis.
    ·       SigTuple was founded in 2015 by Tathagato Rai Dastidar, Rohit Kumar Pandey and Apurv Anand.
    NEW APPOINTMENTS:
    17). Justice Vineet Saran appointed as the new Chief Justice of Orissa High Court:

    ·       President Pranab Mukherjee appointed Justice Vineet Saran as the new Chief Justice of Orissa (Odisha) High Court. He will take oath on 26 February 2016.
    ·       Prior to this appointment, Justice Saran was working as a senior judge of Karnataka High Court.
    ·       The post of Orissa (Odisha) Chief Justice was vacant since 15 February 2016 as Justice D H Waghela was transferred be the Chief Justice of Bombay High Court.
    18). Vinay Kumar Singh appointed as MD of NCRTC:
    o  Indian Railway Officer Vinay Kumar Singh has been appointed as Managing Director of National Capital Region Transport Corporation (NCRTC).
    o  Prior to this appointment, he was working with Rail Vikas Nigam Limited (RVNL), a railway PSU involved in the study of high speed rail corridors.
    o  He was appointed by the search and selection committee through an interview process.
    o  The committee comprised of Urban Development Secretary, official from the Department of Personnel& Training (DoPT), Railway Board Member (Staff) and expert from World Bank.
    SCIENCE AND TECHNOLOGY:
    19). Scottish researcher introduces software to read ECG data:

    ·       A Scottish researcher has introduced a software that could read ECG data in a far more sophisticated and precise way.
    20). Cryogenic Engine CE-20 the highly trusted successfully tested by ISRO:
    ·       The successful hotbed test lasted 640 seconds and paved the way for the first developmental flight of the GSLV Mark 3 in December 2016.
    ·       The GSLV Mark 3, the biggest rocket made in India, will be capable of launching 4-tonne satellites into geosynchronous orbit.
    ·       So far India’s GSLVs were being powered by cryogenic engines given by Russia. But this development marks a milestone in the country’s effort to develop a big cryogenic engine to fly satellites of up to five tonnes.
    21).Next NASA telescope to see 100x more than Hubble:

    ·       NASA is developing a new space telescope with a field of view 100 times larger than that of the Hubble Space Telescope. Called Wide Field Infrared Survey Telescope (WFIRST).
    ·       It will also block the glare of individual stars, making it easier to determine the chemical makeup of exo-planets. WFIRST is slated for launch in mid-2020.
    22). US startup develops smart watch with projection:
    ·       A US startup has developed a $199 unisex smart watch ‘Ritot’, which projects the time and notifications on the user’s hand.
    ·       Connected through an app, it projects time and notifications including calling, Facebook, Twitter, text messages, e-mails and reminders with skin-friendly projection that automatically disappears in 10 seconds.
    ·       The watch is waterproof and also tracks fitness of the user.
    AWARDS AND HONOURS:
    23). Tamil film KanavuVariyam wins REMI Award:

    ·       Tamil movie, KanavuVariyam, directed by Arun Chidambaram has won the Remi Award of the 49th WorldFest Houston International Film Festival.
    ·       This is reportedly the oldest independent film& video festival in the world. The Remi award is given to independent films and filmmakers.
    ·       The movie on electricity shortage in India will be premiered at the event in April.
    24).Jayaraj’s ‘Ottaal’ awarded at Berlin Film Fest:
    ·       Malayali director Jayaraj’s film ‘Ottaal’ (2015), an adaptation of Anton Chekhov’s short story ‘Vanka’, won the Crystal Bear award at the International Berlin Film Festival on Saturday.
    ·       The film featuring Ashanth K Sha and Kumarakom Vasudevan, won the award for the ‘Best Film for Children’.
    ·       It has also won the National Award for Best Film on Environment Conservation/Preservation.
    25). 6 Indian-Americans to get top US research award:

    ·       Six Indian-Americans are among the 106 people who will receive the Presidential Early Career Awards for Scientists and Engineers from US President Barack Obama.
    ·       Milind Kulkarni, Kiran Musunuru, Sachin Patel, Vikram Shyam, Shwetak Patel, and Rahul Mangharam are the recipients.
    ·       The award, which is the US government’s highest honour for young independent researchers, will be handed out in Spring.
    SPORTS:
    26). Chinese women, Indonesia men win titles at Asian Badminton Team Championships:

    ·       China and Indonesia won the Badminton Asia Team Championships in the women and men’s categories respectively at the Gachibowli indoor stadium.
    ·       China defeated Japan 3-2 in the women’s category and Indonesia beat Japan 3-2 in men’s category in the two finals of the week-long tournament.
    27). Indian athletes win 7 medals at Asian Championships:
    ·       Indian athletes added two more medals – a silver and a bronze – on the final day of the 7th Asian Indoor Athletics Championships in Doha, Qatar to finish thetournament with seven medals.
    ·       The haul includes one gold, three silver and three bronze medals. The Indian athletics team had won just one medal in the previous edition in 2014.
    28). Mayookha, Maheshwary bag silver at Asian Indoors:

    ·       Mayookha Johny won the silver medal in women’s triple jump at the Asian Indoor Athletics Championships with an effort of 14.00 metres.
    ·       Renjith Maheshwary secured silver in the men’s triple jump with a best of 16.16 metres.
    ·       Earlier, Mayookha won gold in the long jump with Dutee Chand and Sugandha Kumari winning bronze in 60-metre dash and 1500 metres respectively.
    29). Jaypee Punjab Warriors crowned Hockey India League champions:

    ·       The Jaypee Punjab Warriors won the 2016 edition of the Hockey India League (HIL) after defeating the Kalinga Lancers 6-1 in the final at the Astro Turf Stadium in Ranchi on Sunday.
    ·       This was the Warriors’ maiden HIL title after having made it to the final of the Rs. 2.50 crore tournament for the third consecutive time.

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