Daily Current Affairs: March 25, 2021

Daily Current Affairs (March 25, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

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Important Days

International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade – 25 March

• International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is observed on 25 March since 2008. The day was designated by United Nations in 2007 and aims at raising awareness about the dangers of racism and prejudice.
• 2021 Theme: “Ending Slavery’s Legacy of Racism: A Global Imperative for Justice”

International Day of Solidarity with Detained and Missing Staff Members -25 March

• The International Day of Solidarity with Detained and Missing Staff Members is observed annually on 25 March by the United Nations. The day was commemorated the anniversary of the abduction of Alec Collett, a former journalist who was kidnapped by an armed gunman in 1985 and found dead in the Bekaa Valley, Lebanon in 2009.

Assam Rifles Raising Day – 24 March

• Assam Rifles is the sentinels of the Northeast and India’s oldest paramilitary force with a rich history of valour and courage. Assam Rifles Raised in 1835 as the Cachar Levy, Assam Rifles now is the oldest paramilitary force in the country. It also has the distinction of being the most decorated force in India.

Assam     

• Capital: Dispur
• Chief Minister: SarbanandaSonowal    
• Governor: Jagdish Mukhi
• National Parks: Orang National Park, Manas National Park or Manas Wildlife Sanctuary, Dibru-Saikhowa National Park, Kaziranga National Park, Nameri National Park, Dehing Patkai Wls

National News

Andhra Pradesh launched India’s first-ever government-run ambulance network for animals

• The Andhra Pradesh Government launched “India’s first government-run ambulance network” for animals, to further boost the animal husbandry and veterinary sector in the state.
• A total of 175 mobile ambulances (veterinary) clinics will be placed at Assembly Constituency Level on the lines of 108 Services for providing Veterinary.

Andhra Pradesh

• Capital: Amaravati
• Chief Minister: Y. S. Jaganmohan Reddy      
• Governor: Biswa Bhushan Harichandan
• Folk dances: Kuchipudi, Vilasini Natyam, Bhamakalpam, Veeranatyam
• National Park: Sri Venkateswara National Park, Rajiv Gandhi National Park, Papikonda National Park

Smart City Visakhapatnam gets the world’s first mobile water from Air Kiosk and Water Knowledge Centre

• Maithri Aquatech, a company formed under the ‘Make in India’ initiative has set up the ‘World’s First Mobile Water from Air Kiosk and Water Knowledge Centre’ in the smart city of Visakhapatnam, Andhra Pradesh.
• This initiative is supported by GVMC (Greater Visakhapatnam Municipal Corporation) and project SEWAH (Sustainable Enterprises for Water and Health) an alliance between USAID and SWN (Safe Water Network). USAID has partnered with the Ministry of Housing and Urban Affairs under the Jal Jeevan program.

Andhra Pradesh

• Capital: Amaravati
• Chief Minister: Y. S. Jaganmohan Reddy      
• Governor: Biswa Bhushan Harichandan
• Folk dances: Kuchipudi, Vilasini Natyam, Bhamakalpam, Veeranatyam
• National Park: Sri Venkateswara National Park, Rajiv Gandhi National Park, Papikonda National Park

Net zero-emission energy transition to be achievable by 2050: NITI Aayog CEO

• NITI Aayog CEO Amitabh Kant reiterated the government’s commitment to achieving ‘Net Zero Emission’ targets in energy by 2050, even though it calls for a concerted strategy and massive investments.
• “India: Transforming to a net-zero emissions energy system” by The Energy and Resources Institute (TERI) and Shell. Kant stated that renewable energy, the use of hydrogen on a mission mode, and electric mobility will play a significant role in this transition.

NITI Aayog (National Institution for Transforming India):

• Headquarters: New Delhi
• CEO: Amitabh Kant
• Chairperson: Narendra Modi
• Vice Chairperson: Rajiv Kumar

United Nations Office for Project Services partnered with Denmark to support Jal Jeevan Mission in Uttar Pradesh

• The United Nations Office for Project Services (UNOPS) entered into a partnership with Denmark to support the Centre’s flagship Jal Jeevan Mission in Uttar Pradesh.
• The Jal Shakti Ministry entered a partnership with the United Nations Office for Project Services and the government of Denmark to help bring tap water connections to 11 water-scarce districts in Uttar Pradesh’s water-starved Bundelkhand and Vindhya regions under the Jal Jeevan mission.

Uttar Pradesh          

• Capital: Lucknow
• Chief Minister: Yogi Adityanath
• Governor: Anandiben Patel
• National Park: Dudhwa National Park (Tiger Reserve)
• Zoological park: Shaheed Ashfaq Ullah Khan Prani Udyan (Gorakhpur), Kanpur Zoological Park, Nawab Wajid Ali Shah Zoological Garden

International News

World’s first ship tunnel to be built in Norway

• Norway has received the go-ahead to construct the world’s first ship tunnel to help vessels navigate the treacherous Stadhavet Sea. First announced a few years ago by the Norwegian Coastal Administration, the 118-feet-wide tunnel will be built under the mountainous Stadhavet peninsula in northwestern Norway.
• It will cost around $330 million to build the tunnel expected to complete in 2025-2026. The tunnel will be 49 m (161 ft) high and 36 m (118 ft) wide.

Norway

• Capital: Oslo
• Currency: Norwegian krone
• Prime Minister: Erna Solberg

World’s 1^st Catastrophe Bond for Volcanic Eruptions aims to improve disaster relief

• The Danish Red Cross is offering the world’s first catastrophe bond for volcanic eruptions, which is designed to improve the provision and efficiency of humanitarian relief after the eruptions of 10 volcanoes across three continents.
• The project’s partners aim to raise as much as $3 million with the launch of the note, which will transfer money to Denmark’s branch of the Red Cross.
• Catastrophe bonds typically insure against damage from natural disasters like earthquakes and storms, with some already including volcanic eruptions in baskets of covered perils.

Dubai International Airport partnered with Magzter to become the world’s first ‘Smart Reading Airport’

• Dubai International Airport (DXB) has partnered with digital magazine newsstand provider Magzter to offer its customers a collection of more than 7,000 leading magazines, newspapers, journals, and comics, becoming what it says is the world’s first ‘smart reading airport’.
• DXB’s ‘Smart Reading Zone’ is accessed by logging onto the airport’s wi-fi network, which acts as a gateway to Magzter’s extensive collection of publications. It is a fully contactless and paperless digital experience through the use of geofencing satellite technology.

United Arab Emirates (UAE)

• Capital: Abu Dhabi
• Currency: Dirham
• President: Khalifa bin Zayed Al Nahyan
• Prime Minister: Mohammed Bin Rashid Al Maktoum 

Banking and Economy

Indian Overseas Bank launched ‘IOB Trendy’ savings account for millennials

• IOB Trendy is a Savings Bank Account Scheme introduced by the Indian Overseas Bank towards the endeavour of understanding the banking needs of millennials and customising the scheme to those needs.
• At the time of opening an IOB Trendy account, one needs to be within the age bracket of 21–38 years. The account may be self or jointly operated. In case of a joint account, the primary holder has to be a millennial at the time of account opening.

Indian Overseas Bank (IOB)

• Headquarters: Chennai
• CEO: Partha Pratim Sengupta

Science and Technology

Indian Coast Guard Ship ‘Vajra’ commissioned to the Indian Coast Guard

• Indian Coast Guard Ship ‘Vajra’ was commissioned by General Bipin Rawat, Chief of Defence Staff at Kattupalli in Chennai. This is the sixth in the series of seven Offshore Patrol Vessel constructed by Larsen & Toubro Limited.

Appointments

Karnataka Bank appointed DS Ravindran as additional director

• Karnataka Bank Limited appointed DS Ravindran as Additional Director (non-executive, independent) effective from 1
• Ravindran is an IFS officer and the former Principal Secretary to the Karnataka government with over 34 years of experience in the areas of administration, civil service, research, financial planning, information technology, public policy planning, and implementation process, renewable energy, etc.

Karnataka bank

• Headquarters: Mangalore
• CEO: Mahabaleshwara M. S
• Tagline: “Your Family Bank Across India”

NITI Aayog sets up task forces for achieving policy certainty in contract enforcement

• The government think tank NITI Aayog constituted two task forces that will recommend a policy framework for the enforcement of contracts as well as an effective conciliation mechanism.
• NITI Aayog CEO Amitabh Kant headed task force will suggest the facilitation of speedy resolution of contractual disputes between private entities and the government.
• NITI Aayog Vice-Chairman Rajiv Kumar headed task force will recommend a policy framework for the enforcement of contracts and will have members from key ministries and departments.

NITI Aayog (National Institution for Transforming India):

• Headquarters: New Delhi
• CEO: Amitabh Kant
• Chairperson: Narendra Modi
• Vice Chairperson: Rajiv Kumar

Awards and Recognitions

Mangal Prabhat Lodha named India’s richest real estate tycoon in GROHE Hurun

• According to GROHE Hurun India Real Estate Rich List 2020 report, Mangal Prabhat Lodha of Macrotech Developers (Lodha Group), having a wealth of 44,270 crore, topped the list for the fourth year in a row.
• MP Lodha’s wealth increased by 39 per cent in the year 2020. Lodha Group had the highest revenue from operations among all the real estate developers in India during the pandemic hit the year

Vyas Samman 2020 conferred on Hindi Writer Sharad Pagare

• Renowned Hindi writer Sharad Pagare conferred with the prestigious “Vyas Samman 2020” award for his novel ‘Patliputru Ki Samragi.’ The Vyas Samman started in 1991 and is given by KK Birla Foundation for an outstanding literary work in Hindi authored by an Indian citizen published during the last 10 years. It carries an award of four lakh rupees along with a citation and plaque.

Obituary

Oscar-Nominated Actor and ‘The Goldbergs’ Star George Segal passed away at 87

• George Segal, the Oscar-nominated actor whose credits range from Who’s Afraid of Virginia Woolf? and Where’s Poppa? to Just Shoot Me! and The Goldbergs, passed away.
• He was an Oscar nominee for Mike Nichols’ 1966 Edward Albee adaptation Who’s Afraid of Virginia Woolf? co-starring opposite A-listers Elizabeth Taylor and Richard Burton and a leading man in movies.

Sports News

Virat Kohli ranked 4^th and Rohit Sharma moved up to 14^th rank in ICC T20 rankings for batsmen

• India captain Virat Kohli moved up a place to fourth in the ICC T20 rankings for batsmen, while Rohit Sharma climbed three spots to 14^th in the latest list issued. England’s Dawid Malan remained in the top position.

The top 10 batsmen list:

• Dawid Malan
• Aaron Finch
• Babar Azam
• Virat Kohli
• Lokesh Rahul
• Rassie van der Dussen
• Glenn Maxwell
• Martin Guptill
• Devon Conway
• Hazratullah

Chinki Yadav won gold as India claimed all three medals in women’s 25m pistol

• Chinki Yadav won the gold medal as Indian shooters swept the medals in the women’s 25m Pistol event at the ISSF World Cup in New Delhi. Rahi Sarnobat clinched the silver medal and Manu Bhaker secured the bronze medal.

‘Girl Gang’ announced the official song of ICC Women’s World Cup 2022

• Girl Gang, a track by New Zealand singer Gin Wigmore, has been announced as the official song of the 2022 ICC Women’s World Cup. The tournament is set to be hosted in New Zealand from 4 March to 3 April 2022.
• The International Cricket Council (ICC) made the announcement in an event at Mt Maunganui Beach with Wigmore skydiving to the beach with the World Cup trophy in her hands.

International Cricket Council (ICC)

• Headquarters: Dubai, United Arab Emirates (UAE)
• Chief Executive Officer: Manu Sawhney
• Chairman: Greg Barclay
• Motto: “Cricket for Good”

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Daily Current Affairs Quiz – March 25, 2021