Daily Current Affairs: March 17, 2022

Daily Current Affairs (March 17, 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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National News

The thirty-sixth International Geological Congress was held in New Delhi

• The thirty-sixth International Geological Congress was held in New Delhi. It is a joint endeavour of the Union Ministry of Mines, Union Ministry of Earth Sciences, Indian National Science Academy and the Science Academies of Bangladesh, Nepal and Sri Lanka.
• The theme for International Geological Congress 2022 is ‘Geosciences: The Basic Science for a Sustainable Future’.

Nitin Gadkari launches the world’s most advanced green hydrogen fuel cell electric vehicle ‘Toyota Mirai’

• Union Minister for Road Transport and Highways Nitin Gadkari has launched the world’s most advanced green hydrogen fuel cell electric vehicle ‘Toyota Mirai’ in New Delhi.
• This is a first-of-its-kind project in India that aims to create a green hydrogen-based ecosystem in India by creating awareness about the unique utility of green hydrogen and Fuel Cell Electric Vehicle (FCEV) technology.
• It is an important initiative in promoting clean energy and protecting the environment by reducing dependence on fossil fuels and thereby making India’s’ energy self-reliant’ by 2047.

India’s Maternal Mortality Ratio improved to 103 between 2017 and 2019

• According to the official data released by the Registrar General of India, India’s Maternal Mortality Ratio (MMR) improved to 103 for the period between 2017 and 2019.
• This MMR rate was 122 between 2015 and 2017 and 113 between 2016 and 2018 . MMR is defined as the number of maternal deaths per 1,00,000 live births during a given period.

State News

Bhagwant Mann was sworn in as the eighteenth Chief Minister of Punjab

• Bhagwant Mann was sworn in as the eighteenth Chief Minister of Punjab by Punjab Governor Banwarilal Purohit. Bhagwant Mann succeeded Charanjit Singh Channi.
• He previously served two terms as the Member of the Lower House (Lok Sabha) of the Indian Parliament representing the Sangrur constituency in Punjab from 2014 until his resignation in 2022.
• Inderbir Singh Nijjer was appointed as the Protem Speaker of the Punjab Legislative Assembly.

Punjab                     

• Capital: Chandigarh
• Chief Minister: Bhagwant Mann
• Governor: Banwarilal Purohit

Haryana Government inks a pact with Welspun One to set up warehouses in the state

• Haryana Government has signed a Memorandum of Understanding (MoU) with Welspun One Logistics Parks (WOLP), an asset management and development platform to develop large-scale warehousing facilities in Haryana.
• This MoU aims to explore the available government land parcels to build Grade-A warehousing facilities across key warehousing micro-markets.

Haryana           

• Capital: Chandigarh
• Chief Minister: Manohar Lal Khattar
• Governor: Bandaru Dattatraya
• National Parks: Sultanpur National Park, Kalesar National Park
• Dance: Phag, Dhamal, Loor, Khoria

International News

Karolina Bielawska from Poland was crowned as the Miss World 2021

• Poland’s Karolina Bielawska was crowned the Miss World for the year 2021, besting contestants from ninety-six other countries.
• Miss India Manasa Varanasi who stood eleventh at this edition international beauty pageant.
• The seventieth edition of Miss World event was held at the Coca-Cola Music Hall in San Juan, Puerto Rico.

Banking and Economy

IIT Madras joins hands with the RBI Innovation Hub to boost fintech startups

• IIT Madras Incubation Cell (IITMIC) has signed a Memorandum of Understanding (MoU) with the RBI Innovation Hub (RBIH), a wholly-owned subsidiary of the Reserve Bank of India (RBI), to work together in developing the ecosystem necessary to support and scale fintech startups in India.
• Under this MoU, the two organisations will jointly provide incubation support and nurture early-stage startups with innovative and disruptive solutions and accelerate their scale-up journey.

Agreements and MoUs Signed

JSW Cement signs an MoU with Punjab Renewable Energy Systems to use agricultural waste as biomass energy

• JSW Cement has signed a Memorandum of Understanding (MoU) with Punjab Renewable Energy Systems Private Limited (PRESPL) to use agricultural waste as biomass energy in its cement-manufacturing operations.
• Under this MoU, PRESPL will build a sustainable supply chain of agricultural waste to be utilised as biomass energy in the clinkerisation and grinding process in JSW Cement at its manufacturing units.

Mahila Money, VISA and Transcorp launch the ‘Mahila Money Prepaid Card’ for women entrepreneurs

• Mahila Money, Visa and Transcorp have teamed up to launch the ‘Mahila Money Prepaid Card’, a product aimed at helping women entrepreneurs to use digital payments more effectively.
• This collaboration will pave the way to economic freedom and financial inclusion for millions of women entrepreneurs.

Acquisition and Mergers

Torrent Power acquires a 51 per cent equity stake in Dadra Nagar Haveli & Daman Diu power discom

• Torrent Power has signed a share purchase agreement and shareholders’ agreement to buy a 51 per cent equity stake in the power discom of Dadra & Nagar Haveli and Daman & Diu, as part of the Union Government’s drive to privatise the discoms of union territories.
• The power discom of Dadra & Nagar Haveli and Daman & Diu was incorporated as a special purpose vehicle (SPV) under the holding company, Dadra & Nagar Haveli and Daman & Diu.

Science and Technology

MV Ram Prasad Bismil becomes the longest vessel ever to sail on the Brahmaputra river

• The Union Ministry of Ports, Shipping and Waterways has achieved a landmark when motor vessel (MV) Ram Prasad Bismil became the longest vessel ever to sail on the Brahmaputra river.
• This 90-metre-long flotilla is 26 metres wide, loaded with a draft of 2.1 meters, has successfully completed the aspiring pilot run of heavy cargo movement from the Haldia Dock in Kolkata to the Pandu port in Guwahati.

Appointments

Ujjivan Small Finance Bank appoints M. D. Ramesh Murthy as its Chief Financial Officer

• Ujjivan Small Finance Bank has appointed D. Ramesh Murthy as its new Chief Financial Officer (CFO). He will be responsible for formulating and guiding Ujjivan Small Finance Bank’s strategy for growth, while also leading the functions of Finance and Accounts.
• He served as the Chief Risk Officer (CRO) of Karur Vysya Bank.

Ujjivan Small Finance Bank

• Headquarters: Bengaluru, Karnataka
• MD and CEO: Ittira Davis
• Tagline: We Believe in Your Belief

Former judge of Jharkhand High Court Harish Chandra Mishra was named as the Lokayukta of Delhi

• Lieutenant-Governor of Delhi Anil Baijal has appointed former Jharkhand High Court judge Harish Chandra Mishra as the Lokayukta of Delhi for a term of five years from the date of joining.
• Harish Chandra Mishra replaced Justice Rewa Khetrapal.

Frank Torres was appointed as the President of Nissan India

• Frank Torres was appointed as the new President of Nissan India and region divisional Vice President for business transformation in the AMIEO (Africa, Middle-East, India, Europe and Oceania) region.
• He has been with Nissan for fifteen years.
• Atsushi Najima, is currently the Managing Director of Nissan Philippines, has now been appointed as the Chief Financial Officer (CFO) of Nissan India.

Books and Authors

Sahitya Akademi publishes a book-length poem ‘Monsoon’ written by Indian poet-diplomat K. Abhay

• Sahitya Akademi, India’s National Academy of Letters, has published a book-length poem ‘Monsoon’ Written by Indian poet-diplomat Abhay on the occasion of its sixty-eighth anniversary.
• Sahitya Akademi was established on 12 March 1954. Its logo was designed by Satyajit Ray.
• Jawaharlal Nehru was the first President of the Sahitya Akademi.
• Assamese poet Nilmani Phookan Jr. has won the fifty-sixth Jnanpith Award (2021) and Konkani novelist Damodar Mauzo has won the fifty-seventh Jnanpith Award (2022).

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