Daily Current Affairs: March 25, 2022

Daily Current Affairs (March 25, 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

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

• International Day of Solidarity with Detained and Missing Staff Members is observed every year on 25 March to mobilise action, demand justice and strengthen its resolve to protect UN staff and peacekeepers.
• This day is marked each year on the anniversary of the abduction of the former journalist Alec Collett, who was working for the United Nations Relief and Works Agency (UNRWA) for Palestine Refugees in the Near East when he was abducted by armed gunman in 1985. His body was finally found in Lebanon’s Bekaa Valley in 2009.

National News

India’s First-ever SAI National Centre of Excellence for Mountain Terrain Biking and Bicycle Motocross to be set up in Shimla

• Union Ministry of Sports is set to build India’s first-ever SAI National Centre of Excellence for Mountain Terrain Biking (MTB) and Bicycle Motocross (BMX) in Shimla, Himachal Pradesh.
• This centre of excellence will provide world-class training facilities to Indian cyclists so that they can compete for 18 Olympic medals on offer in the disciplines of MTB and BMX.

Himachal Pradesh    

• Capital: Shimla (Summer), Dharamshala (Winter)
• Chief Minister: Jai Ram Thakur
• Governor: Rajendra Vishwanath Arlekar
• National Parks: Inderkila National Park, Simbalbara National Park, Great Himalayan National Park, Pin Valley National Park, Khirganga National Park

State News

Bihar becomes the first state in India to implement a dynamic map to track land ownerships

• Bihar became the first state in India to introduce the concept of the dynamic map for villages. This dynamic map will automatically get updated each time land ownership changes hands.
• The main objective of this initiative is to reduce legal disputes. This new technological intervention is leading to better management and ease of living.

Bihar

• Capital: Patna
• Chief Minister: Nitish Kumar
• Deputy Chief Ministers: Tarkishore Prasad, Renu Devi
• Governor: Phagu Chauhan
• National Park: Valmiki Tiger Reserve

Kerala launches the 24×7 WhatsApp chatbot named ‘Maya’

• Kerala Tourism has launched its 24×7 WhatsApp chatbot named ‘Maya’ to enable tourists to access all information and updates about the tourism ecosystem in Kerala by just sending a ‘Hi’ to the WhatsApp no 7510512345 (or) by scanning the QR code to access the service.
• Chatbot Maya will serve as a virtual travel assistant for tourists to ask and get the complete information they need for a hassle-free travel experience in Kerala.

Kerala

• Capital: Thiruvananthapuram
• Chief Minister: Pinarayi Vijayan
• Governor: Arif Mohammed Khan
• National Parks: Anamudi Shola National Park, Eravikulam National Park, Mathikettan Shola National Park, Pambadum Shola National Park, Periyar National Park, Silent Valley National Park

Banking and Economy

RBI Governor Shaktikanta Das inaugurates the Reserve Bank Innovation Hub (RBIH) in Bengaluru

• The Reserve Bank of India (RBI) Governor Shaktikanta Das inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru, Karnataka.
• The RBI has set up the RBIH as a Section 8 company under the Companies Act, 2013, with an initial capital contribution of ₹ 100 crores to encourage and nurture financial innovation sustainably through an institutional set-up.
• This Hub has an independent Board with Kris Gopalakrishnan as the Chairman and other eminent persons from industry and academia as members.
• RBIH aims to create an ecosystem that focuses on promoting access to financial services and products for the low-income population in India.

EbixCash partners with Axis Securities to offer integrated 3-in-1 savings, demat and trading account services to its customers

• EbixCash Limited announced a strategic agreement with Axis Securities, a wholly-owned subsidiary of Axis Bank, to provide end-to-end trading services to customers of EbixCash.
• The association offers a 3-in-1 account to the customers of EbixCash, allowing them to integrate savings, demat and trading accounts.
• Under this partnership, EbixCash customers now have access to the seamless online platform of Axis Securities, empowering them to buy and sell stocks and other investment products.

Agreements and MoUs Signed

AAI partners with Bharat Electronics Limited to develop indigenous Air Traffic Management Systems

• Airports Authority of India (AAI) has partnered with Bharat Electronics Limited (BEL) for indigenous development to develop indigenous Air Traffic Management Systems.
• Under this Agreement, BEL and AAI will jointly develop a Civil Air Traffic Management System (ATMS) with Advanced-Surface Movement Guidance and Control System (ASMGCS), a complex ground surveillance system that manages air traffic at airports and in Indian Civil Airspace for the safe operation of flights from take-off to landing.

Tamil Nadu Agricultural University signs an MoU with World Resources Institute

• The Tamil Nadu Agricultural University (TNAU) has signed a memorandum of understanding (MoU) with World Resources Institute (WRI) India to ensure green coverage across India and evaluate carbonisation through tree plantations.
• This agreement would promote agroforestry development with inclusive social and economic empowerment among the rural communities in India.

Acquisitions and Mergers

Ola signs agreement to acquire neo bank Avail Finance

• Mobility firm Ola has signed an agreement to acquire neo bank Avail Finance which provides financial services to the blue-collared workforce and has over six million users.
• This acquisition is a key step in Ola’s broader push into the fintech space as it looks to build a mobility-focused financial services business under Ola Financial.

Appointments

RBI approves appointment of Pralay Mondal as the interim MD and CEO of Catholic Syrian Bank

• The Reserve Bank of India (RBI) has approved the appointment of Pralay Mondal as interim Managing Director (MD) and Chief Executive Officer (CEO) of Catholic Syrian Bank (CSB) for three months.
• Pralay Mondal is current Deputy Managing Director of Catholic Syrian Bank. He succeeded V. R. Rajendran, who retired recently.

Lieutenant General Vinod G. Khandare was appointed as the Adviser in the Union Ministry of Defence

• Lieutenant General Vinod G. Khandare was appointed as the Adviser in the Union Ministry of Defence. He served as the Military Adviser in the National Security Council Secretariat (NSCS) under the Prime Minister’s Office.
• He served as both the Director-General of the Defence Intelligence Agency and the Deputy Chief in the Integrated Defence Staff for Intelligence.

Former SBI Chairman Rajnish Kumar joins the advisory board of Dun & Bradstreet

• Former State Bank of India (SBI) Chairman Rajnish Kumar has joined the international strategic advisory board of data and analytics firm Dun & Bradstreet.
• He is currently working on the boards of HSBC Asia Pacific, L&T Infotech, Hero MotoCorp and BharatPe.

Awards and Recognitions

President Ram Nath Kovind awards President’s Colour to INS Valsura in Gujarat

• President Ram Nath Kovind has awarded the prestigious President’s Colour to Indian Naval Ship- INS) Valsura in Jamnagar, Gujarat. The President’s Colour is bestowed on a military unit in recognition of exceptional service rendered to India, both in peace and in war.
• INS Valsura is a premier training establishment of the Indian Navy. It was established in 1942. It is entrusted with the responsibility of imparting training to officers and sailors of the Indian Navy, Indian Coast Guard and friendly foreign countries in electrical, electronics, weapon systems and information technology.

Sports News

Indian Athlete Pranav Prashant Desai wins India’s first gold at World Para Athletics Grand Prix 2022

• Sprinter Pranav Prashant Desai won India’s first gold medal in the men’s 200 metre T64 final at the 2022 World Para Athletics Grand Prix held in Dubai, The United Arab Emirates.
• He was a former gold medallist at the Fazza Championships.

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