Weekly Current Affairs

Important Weekly Current Affairs PDF Download (Mar 14th to 22nd Mar 2022)

Dear Readers, Here we have given the list of Important Weekly Current Affairs of Mar 14th to Mar 22nd 2022. Candidates those who are preparing for Upcoming SBI Clerk 2022 and other competitive exams can make use of it.

CURRENT AFFAIRS: IMPORTANT DAYS

  • Every year, Rotaractors and Rotarians around the world celebrate World Rotaract Week during the week of 13 March to commemorate the founding of the first club in 1968 at North Carolina, USA & the theme of World Rotaract Day 2022 is “Rotary Making a Difference” also World Rotaract Week will be held from 11 March 2022 to 18 March 2022.
  • International Day of Mathematics is observed on 14th of March every year, It is also known as the Pi Day because the mathematical constant π (pi) can be rounded down to 3.14 & the theme for 2022 IDM is “Mathematics Unites! “.
  • The consumer movement marks 15th March with World Consumer Rights Day every year, as a means of raising global awareness about consumer rights and needs with a theme of Fair Digital Finance.
  • International Day of Action For Rivers, observed on March 14 every year, is a day that is dedicated to saving, celebrating, and creating awareness about the importance of rivers with the theme of The Importance of Rivers for Biodiversity.
  • National Vaccination Day is observed annually on 16th march in India.
  • The UN General Assembly adopted a resolution to proclaim March 15 as International Day to Combat Islamophobia.
  • Global Recycling Day, celebrated on March 18 every year, is a recycling initiative that encourages us to look at our trash in a new light & the theme for 2022 is “recycling fraternity”.
  • The World Sleep Day is held every year on the Friday before Spring Vernal Equinox & In 2022, the World Sleep Day falls on March 18, 2022 with the theme of 2022 as ‘Quality Sleep, Sound Mind, Happy World’.
  • The International Day of Happiness is celebrated throughout the world on 20 March & the theme for Happiness Day 2022 is Keep Calm, Stay Wise and Be Kind.
  • Ordnance Factory Day is observed across India on 18 March to commemorate the foundation of the first ordnance factory at Cossipore near Kolkata in the year 1801.

CURRENT AFFAIRS: NATIONAL NEWS

  • Union Minister Hardeep Singh Puri has launched the ‘India WaterPitch-Pilot-Scale Start-up Challenge’, under which the government will select 100 start-ups and they will be provided with Rs 20 lakh each as funding support as well as mentorship.
  • The Ministry of Housing and Urban Affairs (MoHUA) supports States/ Union Territories by issuing advisories, design standards and schematic interventions for optimal use of technology for integrated urban planning.
  • Government has launched ‘Swachhata Startup Challenge’ in collaboration with Department for Promotion of Industry and Internal Trade (DPIIT) to promote an enabling environment for development startups and entrepreneurs in the waste management sector.
  • The Ministry of Tourism under its Swadesh Darshan scheme since its inception has sanctioned 76 projects under 13thematic circuits including ‘Buddhist theme’ for development of tourism infrastructure in the country.
  • Union Home and Cooperation Minister Shri Amit Shah inaugurated and laid the foundation stone of various schemes of Sumul Dairy in Surat, Gujarat.
  • Government has extended Credit Guarantee Scheme for Subordinate Debt for Stressed Micro, Small and Medium Enterprises, MSMEs up-to 31st March next year.
  • Indian Space Research Organisation is organising a special programme for School Children called “Young Scientist Programme” “YUva VIgyani KAryakram”, YUVIKA, to impart basic knowledge on Space Technology, Space Science and Space Applications to the younger students with a preference to rural areas.
  • The 36th International Geological Congress (IGC), themed “Geosciences: The Basic Science for a Sustainable Future” will be held here during 20-22 March, 2022 on a virtual platform.
  • An Artificial Intelligence and Robotics Technology Park (ARTPARK) with a seed money of Rs 230 crore was launched at the Indian Institute of Science (IISc) in Bengaluru.
  • Ahimsa Vishwa Bharti organisation established by Ambassador of Peace, Eminent Jainacharya Dr Lokeshji will establish India’s first World Peace Center in Gurugram, Haryana.
  • The Mahanadi Coalfields Limited (MCL), a unit of the CIL, has crossed 157 million tonne (MT) in coal production in the financial year of 2021-22, to become the leading coal producing company in the country.
  • The Government has issued a draft notification on Inter-County Non-Transport (personal) Vehicle rules, 2022.
  • Road Transport Minister Nitin Gadkari has launched the world’s most advanced technology-developed Green Hydrogen Fuel Cell Electric Vehicle Toyota Mirai in New Delhi.
  • The country’s first Digital Water Bank ‘AQVERIUM’ was launched in
  • Mumbai announced detailed plans to zero out carbon emissions by 2050, a target that puts it two decades ahead of India’s national goal and makes it the first city in South Asia to set such a timeline
  • As per Economic Survey, the demand for coal is expected to remain in the range of 1.3-1.5 billion tonnes by 2030.
  • India’s Maternal Mortality Ratio (MMR) has dropped by 10 points, which is a notable achievement.
  • Raksha Mantri Shri Rajnath Singh inaugurated a seven-storeyed Flight Control System (FCS) Integration facility at Aeronautical Development Establishment (ADE), a laboratory of Defence Research and Development Organisation (DRDO) in Bengaluru,
  • Panchayati Raj Minister Giriraj Singh has released disaster management and mitigation activities at grassroots level.
  • The Department of Consumer Affairs is celebrating the “Consumer Empowerment Week” from 14th March, 2022 to commemorate 75 years of progressive India and the glorious history of its people, culture and achievements as a part of Azadi Ka Amrit Mahotsav.
  • Prime Minister Narendra Modi has inaugurated the year-long celebrations of the centenary year of Malayalam Daily, Mathrubhumi through video conferencing.
  • International Financial Services Centres Authority (IFSCA), in its endeavour to support a World Class FinTech Hub at GIFT IFSC, had launched I-Sprint’21, the global FinTech Hackathon as part of InFinity Forum 2021 (https://www.infinityforum.in/).
  • Indian Railways have prepared a National Rail Plan (NRP) for India – 2030 & the Plan is to create a ‘future ready’ Railway system by 2030.
  • The National Capital Regional Transport Corporation (NCRTC) has unveiled the coaches of India’s first rapid rail for the Delhi – Meerut corridor.
  • Visakhapatnam railway station will be implementing the ‘One Nation, One Product’ concept, the Railway Board informed & It will become the first station in the East Coast railway to implement the concept.

CURRENT AFFAIRS : INTERNATIONAL NEWS

  • The International Labor Organization (ILO) has published a report titled ‘Care at work: Investing in care leave and services for a more gender-equal world of work’ as per this Investment in care services can generate 234 million jobs for women by 2035.
  • President Biden and the G7 (a group of countries that includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States) jointly announced their intention to take steps to revoke most-favored-nation (MFN) status.

CURRENT AFFAIRS : STATE NEWS

  • The Andhra Pradesh Finance Minister Buggana Rajendranath presented the Budget for 2022-23 with a proposed expenditure of Rs 2.56 lakh crore and a projected revenue deficit of Rs 17,036 crore & the fiscal deficit in 2022-23 is expected to be Rs 48,724 crore it would be around64 percent of the GSDP
  • The Delhi government launched an online portal “My EV” for the purchase and registration of electric autos in
  • West Bengal Finance Minister Chandrima Bhattacharya presented a Rs 3.21-lakh crore budget for the financial year 2022-23.
  • Kerala’s Finance Minister K.N. Balagopal presented the budget for the financial year 2022- 23 in the Assembly.
  • Minister of Higher Education, Electronics, IT-BT, S&T and Skill Development Dr C N Aswath Narayan launched the Women@Work (W@W) programme with an aim To provide 5 lakh jobs within 2026 to women with necessary employable skills.
  • The Jammu and Kashmir government has launched a Geographical Indication (GI) registry for the famed Kashmiri carpet with a quick response (QR) code with details of artisans and the material used & recently the first ever consignment of GI-tagged hand-knotted carpets were exported to Germany from New Delhi.
  • Haryana Chief Minister Manohar Lal Khattar presented the state budget in the state assembly and proposed a Budget of Rs 1,77,255.99 crore for the year 2022-23.
  • Finance minister of Madhya Pradesh, Jagdish Devda, has presented the state budget worth Rs 2.79 lakh crore for 2022-23 & For the first time, the state government presented a ‘child budget’ & Rs 17,792 crore has been allotted.
  • The state government of Tripura has announced a special scheme named “Mukhyamantri Chaa Srami Kalyan Prakalpa”  to ensure social security of over 7,000 tea garden workers of Tripura.
  • The people of Bengal celebrated the festival of colors, predominantly known as Dol Utsav in the state through cultural programs, marking the onset of spring season.

CURRENT AFFAIRS : BANKING & FINANCE

  • The Employees’ Provident Fund Organisation (EPFO) has set the interest rate on provident fund deposits for 2021-22 at 1 percent, from 8.5 percent in the previous year.
  • The Reserve Bank of India (RBI) directed Paytm Payments Bank Ltd (PPBL) to stop onboarding new customers with immediate effect and conduct a comprehensive audit of its IT system, citing “material supervisory concerns”.
  • Prepaid Payment Instrument (PPI) issuer LivQuik has achieved full Interoperability as mandated by the Reserve Bank of India for their Prepaid payments Instruments.
  • National Stock Exchange of India Ltd (NSE) and India Bullion and Jewelers Association Ltd (IBJA) have joined hands to launch the Domestic Bullion Spot Exchange in line with SEBI guidelines.
  • Ujjivan Small Finance Bank has launched a digital on-boarding facility for its micro banking customers via Ujjivan SFB Assisted App.
  • DBS Bank India has announced the launch of its Green Deposit Program for corporate clients, providing businesses with an easy way to support green projects.
  • Private sector lender ICICI Bank announced a tie-up with Emirates Skywards, a loyalty programme of Emirates and flydubai, to launch a range of co-branded credit cards named, ‘Emirates Skywards ICICI Bank Credit Card.
  • US investment bank and financial services company Morgan Stanley has trimmed India’s economic growth forecast by 50 basis points to 9% for the fiscal year 2022-23.
  • State Bank of India (SBI) plans to set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad, Telangana.
  • Max Life Insurance Company has launched the ‘Max Life Smart Guaranteed Pension Plan’, a non-linked, non-participating single premium individual/group general annuity plan.
  • India-based digital bank Mahila Money has partnered with Visa and Transcorp to launch the digital Mahila Money Prepaid Card for women entrepreneurs to use digital payments more effectively.
  • Kotak Mahindra Bank Ltd has entered into a memorandum of understanding (MoU) with Business France, the French national agency in charge of the development of exports and international investments in France, to support companies in the Indo-French corridor.
  • Capital markets regulator Securities and Exchange Board of India (SEBI) has amended the rules pertaining to investment aspects of certain categories of alternative investment funds (AIFs) & the new norms called Sebi’s AIF Regulations, 2022.
  • US Agency for International Development (USAID) and Mastercard have partnered to foster digital empowerment of women in India through an initiative called ‘Project Kirana’.
  • The State Bank of India (SBI) and the Government of Sri Lanka signed USD 1 billion Line of Credit (LOC) for procurement of food, medicines and other essential items, amid the island nation’s worsening economic crisis.

CURRENT AFFAIRS: BUSINESS NEWS

  • Goods and Services Tax (GST) rate has been reduced from 18% to 5% for domestic Maintenance, Repair and Overhaul (MRO) services.
  • India’s overall exports are estimated to be over 57 billion dollars in February this year, exhibiting a positive growth of 25.41 per cent over the same period in 2021
  • Bharat Petroleum Corporation Limited (BPCL) has partnered with UltraCash Technologies Pvt Ltd to offer voice-based digital payment facility for BharatGas consumers for booking their LPG cylinders.
  • India’s leading deep-tech startup hub spearheaded by IIT Madras Incubation Cell (IITMIC) and RBI Innovation Hub (RBIH), a wholly owned subsidiary of Reserve Bank of India, have signed a Memorandum of Understanding (MoU) to work together in developing the ecosystem necessary to support and scale fintech startups in India.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

  • The Supreme Court of India appointed ex-judge AK Sikri as chairperson of the High Powered Committee (HPC), which would consider the cumulative and independent impact of the CharDham Mahamarg Vikas Pariyojana (Char Dham Highway Development Project) on the entire Himalayan valley” & he succeeded previous Chairperson Professor Ravi Chopra who had resigned from his post in February 2022.
  • India’s leading online skill gaming company Games24x7 has appointed cricketers Shubman Gill and Ruturaj Gaikwad as its new brand ambassadors for its My11Circle fantasy gaming platform.
  • Bajaj Allianz General Insurance, the second largest private sector general insurer, has extended the tenure of Tapan Singhel, the current managing director & chief executive officer (MD&CEO) of the company, by another 5 years, effective April 1, 2022.
  • The Hungarian parliament elected Katalin Novak the country’s first woman president & Novak will succeed Janos Ader (a co-founder of Orban’s governing right-wing Fidesz party who has held the job since 2012) .
  • Tata Sons chief Natarajan Chandrasekaran was appointed as chairman of Air India & In February 2022, N Chandrasekaran was reappointed as chairman of Tata Sons for a second term of five years.
  • The government has appointed State Bank of India (SBI) managing director Ashwani Bhatia as a whole-time member (WTM) of the Securities and Exchange Board of India (SEBI).
  • Odisha-born Ranjit Rath (50) has been appointed as the next Chairman and Managing Director of Oil India Limited (OIL) has been selected by the Public Enterprises Selection Board (PESB) & he will succeed current chairman and managing director Sushil Chandra Mishra, who will superannuate on June 30, 2022.
  • Gabriel Boric Font, a 36-year-old leftist politician has been elected as the new and 36th President of Chile, also He is the youngest leader to hold the office in Chile’s history & he will hold the office for the period between 2022-2026 & Gabriel Boric Font succeeds Sebastián Piñera.
  • Aam Aadmi Party leader Bhagwant Mann was sworn in as the Punjab Chief Minister at a mega event in Punjab’s Khatkar Kalan, the ancestral village of legendary freedom fighter Bhagat Singh in Nawanshahr (Shaheed Bhagat Singh Nagar) district, Punjab.
  • Ms Suchitra K Ella, Co-Founder and Joint Managing Director, Bharat Biotech International Ltd, Hyderabad has been elected as Chairperson of Confederation of Indian Industry (CII)- Southern Region for the year 2022-23.
  • The Banks Board Bureau has recommended names for the positions of managing director (MD) and chief executive officers (CEO) at Union Bank (A Manimekhalai), Indian Overseas Bank (Ajay Kumar Srivastava) and Punjab and Sind Bank (Swaroop Kumar Saha) & State Bank of India (Alok Kumar Choudhary).
  • The Reserve Bank of India (RBI), has approved the extension of the term of Rajeev Ahuja, interim managing director and CEO of RBL Bank for three months with effect from March 25, 2022, or till the appointment of a regular MD & CEO.

CURRENT AFFAIRS : AWARDS & HONORS

  • Union Minister of Petroleum and Natural Gas Shri Hardeep Singh Puri presented the MoPNG Swachchta Pakhwada Awards to the winners & he also launched the Ministry’s annual publication ‘Indian Petroleum & Natural Gas Statistics 2020-21’.
  • The 75th British Academy Film Awards, also known as the BAFAs (or BAFTAs), were held at the Royal Albert Hall in London, honoring the best national and foreign films of 2021.
  • Union Minister of Labour and Employment, Environment, Forest and Climate Change Shri Bhupender Yadav presented Vishwakarma Rashtriya Puraskar (VRP), National Safety Awards (NSA) for the performance year 2018 and National Safety Awards (Mines) [NSA (Mines)] for the contest years 2017, 2018, 2019 and 2020.
  • Haryana Chief Minister Manohar Lal Khattar has announced the ‘Sushma Swaraj Puraskar’ award & he also announced the Haryana Matrushakti Udyamita Scheme to provide support to women for becoming entrepreneurs.
  • India’s third-largest private sector bank, Axis Bank, has won the IFR Asia’s Asian Bank of The Year 2021 for its breadth of coverage and depth of expertise in the Asian investment banking space.

CURRENT AFFAIRS : MOU & AGREEMENTS

  • The Odisha government and the National Bank for Agriculture and Rural Development (NABARD) have inked a pact for the creation of fisheries infrastructure to augment fish production.
  • National Thermal Power Corporation Limited (NTPC) of India  & the Ceylon Electricity Board (CEB) of Sri Lanka signed an agreement for a joint venture to develop a 100 MW solar power plant in Sampur in the Trincomalee District, Sri Lanka.
  • Hindustan Aeronautics (HAL) has inked a memorandum of understanding (MoU) with Bengaluru-based company SASMOS to work together on advanced electronics, electrical and fibre optic interconnections in the aerospace domain.
  • India’s Adani Group has inked an agreement for two mega power projects in Sri Lanka’s Northern Province.
  • Adani Solar and Smart Power India (SPI), a subsidiary of Rockefeller Foundation, have signed a non-financial and non-commercial memorandum of understanding for equitable access to last-mile electricity and to encourage energy transition in rural India.
  • Border Roads Organisation (BRO) and Garden Reach Shipbuilders & Engineers (GRSE) Ltd signed a Memorandum of Understanding (MoU) for fabrication, supply, erection and launching of 27 carriageway double lane galvanised modular bridges of5 meters with Indian Road Congress (IRC) Load Class 70.
  • Welspun One Logistics Parks (WOLP), part of the $2.7 billion Welspun Group, has entered into a Memorandum of Understanding (MoU) with the Government of Haryana to develop large-scale warehousing facilities across the state.
  • JSW Cement, India’s leading green cement company and part of USD 13 billion JSW Group, has signed a Memorandum of Understanding (MOU) with Punjab Renewable Energy Systems Pvt. Ltd (PRESPL) to use agricultural waste as biomass energy in its cement-manufacturing operations.

CURRENT AFFAIRS : DEFENCE NEWS

  • The Ministry of Ports, Shipping and Waterways has achieved a landmark when the motor vessel (MV) Ram Prasad Bismil became the longest vessel ever to sail on the Brahmaputra river.
  • Defence Secretary Dr Ajay Kumar commissioned Indian Coast Guard Ship (ICGS) Saksham, the fifth in the series of 105-metre Offshore Patrol Vessels (OPVs) class, at Goa

CURRENT AFFAIRS: ACQUISITION AND MERGERS

  • The Competition Commission of India (CCI) approves acquisition of Micro Life Sciences Private Limited by South Elm Investments B.V.
  • The Competition Commission of India (CCI) approves acquisition of equity stake in Future Generali India Insurance Company Limited by Generali Participations Netherlands N.V.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

  • The National Supercomputing Mission (NSM) has deployed ‘PARAM Ganga’, a supercomputer at IIT Roorkee, with a supercomputing capacity of 66 Petaflops & the system is designed and commissioned by C-DAC under phase-2 of the build approach of the NSM.
  • National Aeronautics and Space Administration ‘s Artemis 1 mega moon rocket was rolled out for the first time for its testing debut at Kennedy Space Center in Florida, USA.

CURRENT AFFAIRS : RANKING & INDEX

  • RailTel Corporation of India Ltd. (RCIL) under Ministry of Railways has ranked 124th in the Fortune India Next 500 list of Year 2022′
  • As per the reports of the National Family Health Survey (NFHS)-5, Odisha has become the only state in India to achieve 90.5% of immunization apart from the successful vaccination against Covid-19 infection under Mission Indradhanush 4.0.
  • The latest report of the Stockholm International Peace Research Institute (SIPRI) on Trends in International Arms Transfer, 2021, released & the report reveals that India and Saudi Arabia had emerged as the largest arms importers of arms between 2017-21, each accounting for 11% of all global arms sales.
  • According to the M3M Hurun Global Rich List for 2022, Mukesh Ambani, chairman and managing director of Reliance Industries Limited, is the only Indian to feature in the top 10 chart & occupied the ninth rank globally with a net worth of $103 billion.
  • Telangana has started documenting crop diversification trends in the form of an index for the first time in the country & first state in India to adopt Crop Diversification Index (CDI).

CURRENT AFFAIRS: SPORTS NEWS

  • Pramod Bhagat won two silver and a bronze medal and Sukant Kadam ended up with a Bronze in Spanish Para-Badminton International 2022.
  • Five Indian women boxers grabbed gold medals in the youth competition of the Asian Youth and Junior Boxing Championships in Amman, Jordan.
  • Indian Shuttler Lakshya Sen wins Silver Medal in the German Open (Badminton) 2022 Tournament.
  • India has won the bid to host the FIDE Chess Olympiad 2022 in Chennai.
  • Jasprit Bumrah and Dimuth Karunaratne have made significant gains in the latest ICC Test Rankings, following their impressive performances in the recently concluded India-Sri Lanka Test series.
  • National Weightlifting Championships (Men & Women)- 2021-22 will be held at Bhubaneshwar (Odisha) from 19.03.2022 to 31.03.2022.

CURRENT AFFAIRS: BOOKS AND AUTHOR

  • The book, ‘Modi @ 20: Dreams Meet Delivery’, brought out by Rupa Publications, is a compilation of chapters authored by eminent intellectuals and domain experts.
  • Sahitya Akademi, India’s National Academy of Letters has published a book-length poem ‘Monsoon’ by Indian poet-diplomat Abhay K on the occasion of its 68th anniversary.

CURRENT AFFAIRS: OBITUARIES

  • Former Zambian President Rupiah Bwezani Banda passed away in capital Lusaka at the age of 85 after a two-year battle with colon cancer.
  • The former Governor of Andhra Pradesh, Kumudben Manishankar Joshi has passed away.
  • Former wrestler Scott Hall, better known as Razor Ramon, passed away at the age of 63.
  • Eugene Parker, the pioneering astrophysicist whose name graces NASA’s Parker Solar Probe mission, died at the age of 94.
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This post was last modified on March 23, 2022 10:57 am