Daily Current Affairs: March 13 & 14, 2022

Daily Current Affairs (March 13 & 14, 2022) 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

World Rotaract Day – 13 March

• World Rotaract Day is observed annually on 13 March to acknowledge the services provided by the rotaractors across the world. World Rotaract Week is observed from 11 March 2022 to 18 March 2022.
• The theme of World Rotaract Day 2022 is ‘Rotary making a difference’.

Pi Day – 14 March

• Pi Day is celebrated on 14 March every year to celebrate the mathematical constant (π). This day is celebrated since the date, when written in the format of month/day (3/14), matches the first three digits of the value of the mathematical constant (π).
• This day (14 March) is also the birth anniversary Albert Einstein.

International Day of Action for Rivers – 14 March

• The International Day of Action for Rivers is celebrated every year on 14 March to spread awareness about conserving rivers, management of river, pollution and equitable access to clean and flowing water.
• This year (2022) marks the twenty-fifth anniversary of the International Day of Action for Rivers.
• The theme for International Day of Action for Rivers 2022 is ‘To highlight the importance of rivers to biodiversity’.

National News

Lok Sabha Speaker Om Birla addresses the third edition of the National Youth Parliament Festival 2022 in New Delhi

• Lok Sabha Speaker Om Birla addressed the valedictory function of the third edition of the National Youth Parliament Festival 2022 in New Delhi.
• National Youth Parliament is an innovative programme to equip Indian youth with an understanding of parliamentary procedures and democratic

Union Home Minister Amit Shah addresses the thirty-seventh Foundation Day of the National Crime Records Bureau

• Union Minister of Home Affairs and Minister of Cooperation Amit Shah attended the thirty-seventh Foundation Day celebrations of the National Crime Records Bureau (NCRB) on 11 March 2022 in New Delhi.
• NCRB was formed on 11 March 1986 under the Union Ministry of Home Affairs (MHA). The current Director of the NCRB is Ramphal Pawar.

India’s first-ever GI-tagged Kashmir carpets were flagged off to Germany

• The Jammu and Kashmir Government has started a Geographical Indication (GI) registry for the famed Kashmir carpet with a quick response (QR) code with details about artisans and the material used. The first-ever consignment of GI-tagged Kashmir carpets was exported to Germany from New Delhi.

Jammu and Kashmir

• Capital: Srinagar (Summer), Jammu (Winter)
• Lt. Governor: Manoj Sinha
• National Parks: Hemis National Park, City Forest (Salim Ali) National Park, Dachigam National Park, Kishtwar National Park
• Wildlife Sanctuaries: Changthang Cold Desert Wildlife Sanctuary, Gulmarg Wildlife Sanctuary, Jasrota Wildlife Sanctuary, Baltal-Thajwas Wildlife Sanctuary, Karakoram (Nubra Shock) Wildlife Sanctuary
• Lakes: Mansar Lake, Nagin Lake, Wular Lake, Surinsar Lake, Dal Lake

Prime Minister Narendra Modi inaugurates the eleventh Khel Mahakumbh in Ahmedabad

• Prime Minister Narendra Modi inaugurated the eleventh Khel Mahakumbh at the Sardar Patel Stadium in Ahmedabad, Gujarat.
• Khel Mahakumbh began in 2010 with 16 sports and 13 lakh participants, and it increased to 36 general sports and 26 para-sports in 2019.

Gujarat                    

• Capital: Gandhinagar
• Chief Minister: Bhupendrabhai Patel
• Governor: Acharya Devvrat
• National Parks: Blackbuck National Park, Vansda National Park, Gir Forest National Park, Marine (Gulf of Kachchh) National Park

Union Minister Hardeep Singh Puri launches the ‘India Water Pitch-Pilot-Scale Start-up Challenge’ under the AMRUT 2.0 scheme

• Union Minister of Housing and Urban Affairs (MoHUA) & Petroleum and Natural Gas Hardeep Singh Puri has launched the ‘India Water Pitch-Pilot-Scale Start-up Challenge’ under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 scheme.
• The MoHUA will select 100 start-ups which will be provided funding support of ₹ 20 lakhs as well as mentorship.

India’s first medical city named ‘Indrayani Medicity’ is set to come up in Pune

• India’s first medical city named ‘Indrayani Medicity’ will be set up in Pune, Maharashtra. It will not only provide medical education and research facilities, but also all kinds of specialty treatment under one roof.
• This medical city will offer medical education and contain research institutes. Treatment in the medical city will be provided at affordable rates to citizens.
• This project is estimated to attract investment worth over ₹ 10,000 crores.

Maharashtra    

• Capital: Mumbai
• Chief Minister: Uddhav Thackeray
• Governor: Bhagat Singh Koshyari
• National Parks: Chandoli National Park, Gugamal National Park, Nawegaon National Park, Pench (Jawaharlal Nehru) National Park, Sanjay Gandhi (Borivilli) National Park, Tadoba National Park

International News

India signs an agreement with Sri Lanka to build a solar power plant in Sri Lanka

• India and Sri Lanka have signed an agreement for developing a 100 MW solar power plant in Sri Lanka’s eastern port district of Trincomalee.
• This agreement is to strengthen bilateral economic partnership, including cooperation in the renewable energy sector between the two countries.

Sri Lanka

• Capital: Sri Jayawardenepura Kotte
• Currency: Sri Lankan Rupee
• Prime Minister: Mahinda Rajapaksa
• President: Gotabaya Rajapaksa

Banking and Economy

RBI lifts restrictions on HDFC Bank’s new digital business generation and allows HDFC’s Digital 2.0 programme

• The Reserve Bank of India (RBI) lifted all restrictions on HDFC Bank’s new digital business generation and allowed HDFC’s Digital 2.0 programme.
• These restrictions were imposed by the Reserve Bank of India in December 2020. RBI decided to impose curbs on the HDFC Bank and restricted it from bringing any new planned announcement under what is known as the Digital 2.0 programme.

EPFO lowers the interest rate on provident fund deposits to 8.1 per cent for 2021–22

• The interest rate on employees’ provident fund deposits was cut to a four-decade low of 1 per cent for 2021–22 fiscal from 8.5 per cent in 2020–21.
• This is the lowest interest rate since 1977–78 on deposits that employees make towards their retirement fund. The interest rate on employees provident fund in 1977–78 stood at 8 per cent.
• This 8.1 per cent interest rate was recommended by the Central Board of Trustees (CBT) after its meeting in Guwahati under the chairmanship of Union Labour and Employment Minister Bhupendra Yadav.

Agreements and MoUs Signed

IREDA signs an MoU with CIPET for the solarisation of CIPET academic campuses

• Indian Renewable Energy Development Agency Limited (IREDA) signed a Memorandum of Understanding (MoU) with the Central Institute of Petrochemicals Engineering & Technology (CIPET) to provide its techno-financial expertise for the solarisation of CIPET academic campuses.
• These two organisations, IREDA and CIPET, are under the Union Ministry of New & Renewable Energy and the Union Ministry of Chemicals and Fertilisers

Acquisitions and Mergers

UCO Bank is set to acquire a three per cent stake in IDRCL

• UCO Bank is set to acquire three per cent stake in India Debt Resolution Company Limited (IDRCL) for ₹ 1.50 crores.
• UCO Bank further said that this acquisition will be completed within 10 working days from the date of the agreement.

UCO Bank

• Headquarters: Kolkata, West Bengal
• MD and CEO: Soma Shankar Prasad
• Tagline: Honours Your Trust

Appointments

Ranjit Rath was appointed as the CMD of Oil India Limited

• Ranjit Rath was appointed as the next Chairman and Managing Director (CMD) of Oil India Limited (OIL), a Maharatna PSU under the Union Ministry of Petroleum & Natural Gas (MoPNG).
• He is currently serving as the CMD of Mineral Exploration Corporation Limited (MECL), a Miniratna PSU under the Union Ministry of Mines.

Awards and Recognitions

Tamilnadu Petroproducts Limited becomes the world’s first LAB manufacturer to be accredited with the BIS certification

• Tamilnadu Petroproducts Limited (TPL) has received the Bureau of Indian Standards (BIS) certification for its linear alkylbenzene (LAB) product from the Department of Chemicals & Petrochemicals under the Union Ministry of Chemicals and Fertilisers.
• With this BIS certification, TPL became the world’s first LAB manufacturer to be accredited with BIS 12795:2020 certification.

Jammu and Kashmir Bank wins the National Award for Outstanding Performance from the Union Rural Development Ministry

• Union Ministry of Rural Development has awarded Jammu and Kashmir Bank with the National Award for Outstanding Performance for FY 2020–21.
• Jammu and Kashmir Bank’s Delhi Zonal Head Kirti Sharma received the national award on behalf of J&K Bank from the Union Minister for Rural Development Giriraj Singh.

Ranks and Indices

Andhra Pradesh ranks first in the SKOCH State of Governance Report Card 2021

• Andhra Pradesh bagged the number one spot for the second consecutive year in the SKOCH State of Governance Report Card 2021.
• The SKOCH State of Governance Report is an annual report that studies various states’ performance in various projects at the district and municipal levels.
• Andhra Pradesh was followed by West Bengal, Odisha, Gujarat and Maharashtra in this 2021 report card.

Obituary

Former Zambian President Rupiah Banda passed away at 85

• Former Zambian President Rupiah Bwezani Banda passed in Lusaka at the age of 85. He was the fourth President of Zambia from 2008 to 2011.

Sports News

Cristiano Ronaldo becomes the all-time top goal scorer in professional football

• Cristiano Ronaldo became professional football’s all-time top goal scorer with 807 goals by scoring a hat-trick in Manchester United’s (3-2) win against Tottenham Hotspur.
• He broke Josef Bican’s (Austria) previous record of 805 goals. He has now racked up 807 goals while playing for Sporting Lisbon (five goals), Manchester United (136), Real Madrid (450), Juventus (101) and the Portugal national football team (115).

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