Daily Current Affairs: March 27 & 28, 2022

Daily Current Affairs (March 27 & 28, 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 Theatre Day – 27 March

• World Theatre Day is celebrated every year on 27 March to raise awareness about the importance of theatre arts, their position in the sphere of entertainment and the transformations that theatre brings to people’s lives.
• World Theatre Day was first celebrated in 1962. This year (2022) marks the sixteenth anniversary of World Theatre Day.
• The theme of World Theatre Day every year is ‘Theatre and a culture of peace’.

Union Government designates 05 October as National Dolphin Day

• The Union Ministry of Environment has designated 05 October as National Dolphin Day. The first National Dolphin Day is set to be celebrated on 05 October 2022 in India.
• This decision to designate National Dolphin Day was taken by the standing committee of the National Board for Wildlife (NBWL).
• NBWL is chaired by the Indian Prime Minister.

National News

Rashtriya Sanskriti Mahotsav 2022 was inaugurated at Rajamahendravaram in Andhra Pradesh

• Union Minister for Culture, Tourism and Development of North Eastern Region K Reddy and Andhra Pradesh Governor Biswa Biswabhusan Harichandan inaugurated the twelfth edition of the Rashtriya Sanskriti Mahotsav (RSM) at Rajamahendravaram, Andhra Pradesh.
• This mega Rashtriya Sanskriti Mahotsav will take place from 26 March to 03 April 2022 in the Telugu states of Andhra Pradesh and Telangana, under the ‘Azadi Ka Amrit Mahotsav’.
• The Rashtriya Sanskriti Mahotsav is the flagship festival of the Union Ministry of Culture.

Andhra Pradesh

• Capital: Amaravati
• Chief Minister: S. Jagan Mohan Reddy
• Governor: Biswa Bhushan Harichandan
• Folk dances: Kuchipudi, Vilasini Natyam, Bhamakalpam, Veeranatyam
• National Parks: Sri Venkateswara National Park, Rajiv Gandhi (Rameshwaram) National Park, Papikonda National Park

Surat becomes the first city to get India’s first ‘steel road’

• This road was built by Arcelor Mittal Nippon Steel India with CSIR India (Council of Scientific and Industrial Research) and CRRI (Central Road Research Institute) along with NITI Aayog.
• The steel slag road is a stellar example of sustainable development.

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 Government extends the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) for another six months

• Union Government has approved the extension of the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) for another six months (from April 2022 to September 2022)
• This extension would incur an additional cost of ₹ 80,000 crores for the next six months till September 2022 taking the total expenditure under the PMGKAY to nearly ₹ 3.40 lakh crores.
• The PMGKAY scheme was launched by the Union Government in March 2020, during the COVID-19 pandemic to provide free foodgrains in India.

State News

SIDBI signs an MoU with the Meghalaya Government to develop an MSME ecosystem

• The Small Industries Development Bank of India (SIDBI) has signed a Memorandum of Understanding (MoU) with the Meghalaya Infrastructure Development and Finance Corporation Limited (MiDFC) to develop the micro, small and medium enterprises (MSME) ecosystem in Meghalaya.
• This MoU will work towards expanding digital offerings for MSMEs, mapping state-specific livelihood opportunities through expert consultants and extending of promotion and developmental initiatives of SIDBI in Meghalaya.

Meghalaya       

• Capital: Shillong
• Chief Minister: Conrad Sangma
• Governor: Satya Pal Malik

Small Industries Development Bank of India (SIDBI)

• Headquarters: Lucknow, Uttar Pradesh
• Chairman and Managing Director (CMD): S. Ramann

International News

Sri Lanka’s Navy signs an agreement with the Goa Shipyard Limited to build a floating dock

• Sri Lanka’s Navy has signed an agreement with the Goa Shipyard Limited to build a floating dock. This floating dock will be valued approximately at $ 20 million.
• This floating dock will be established at the Trincomalee Naval Dockyard within 30 months.

Sri Lanka

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

Banking and Economy

HDFC Mutual Fund is set to launch India’s first defence fund named ‘HDFC Defence Fund’

• HDFC Mutual Fund has filed a scheme information document (SID) with the Securities and Exchange Board of India (SEBI) to launch India’s first defence fund named ‘HDFC Defence Fund’, an open-ended equity scheme that will be investing in defence and allied sector companies.
• The allied sectors include aerospace, explosives, shipbuilding, industries/stocks present on the Society of Indian Defence Manufacturers (SIDM) list or any other similar industries/stocks that are allied to the defence sector.

Agreements and MoUs Signed

IIE signs an MoU with the Union Rural Development Ministry to enhance the impact of the Startup Village Entrepreneurship Programme

• The Indian Institute of Entrepreneurship (IIE) under the aegis of the Union Ministry of Skill Development and Entrepreneurship (MSDE) has signed a Memorandum of Understanding (MoU) with the Union Ministry of Rural Development (MoRD) to promote entrepreneurship amongst the rural youth by initiating the ‘Startup Village Entrepreneurship Programme’ (SVEP).
• The SVEP is the sub-scheme of the National Rural Livelihoods Mission (NRLM), which aims to support entrepreneurs in rural areas to set up enterprises at the village level in non-agricultural sectors.

Max Life Insurance partners with PhonePe to offer financial protection to consumers

• Max Life Insurance has partnered with PhonePe to launch the ‘Max Life Smart Secure Plus Plan’, a non-linked non-participating individual pure risk premium life insurance plan to enhance the financial protection for digitally-savvy customers.
• With this premium life insurance plan, PhonePe customers can avail of comprehensive financial coverage for their families with premiums starting as low as ₹ 4,426

Appointments

Former CAG Vinod Rai was appointed as the Chairman of Kalyan Jewellers

• Leading jewellery house, Kalyan Jewellers has appointed former Comptroller and Auditor General of India (CAG) Vinod Rai as its Chairman and Independent Non-executive Director.
• He is a former IAS officer who served as the eleventh CAG of India.
• He is the current Chairman of the United Nations Panel of External Auditors, the Honorary Advisor to the Railways and a member of the Railway Kaya Kalp Council.

Awards and Recognitions

Will Smith wins the Best Actor Award at the ninety-fourth Academy Awards

• The ninety-fourth Academy Awards (also known as Oscars Awards) was held at the Dolby Theatre in Los Angeles, the United States.
• Will Smith won the Best Actor Award for his performance in ‘King Richard’ and Jessica Chastain won the Best Actress Award for ‘The Eyes of Tammy Faye’.
• ‘Dune’ film won the most number of awards with six wins and The Power of the Dog received the most number of nominations (twelve) in the ninety-fourth Academy Awards held in 2022.

Ninety-fourth Academy Awards Winners (2022)

Cochin International Airport Limited bags the ‘Covid Champion’ award at the Wings India event

• Cochin International Airport Limited (CIAL) has bagged the ‘Covid Champion’ award at Wings India 2022 for the successful implementation of the ‘Mission Safeguarding’ project during the COVID-19 pandemic time to ensure safe travel at Kochi Airport.
• Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai won the ‘Aviation Sustainability & Environment’ award for its efficient green practices.
• Wings India is Asia’s largest event on civil aviation jointly organised by the Union Ministry of Civil Aviation and Federation of Indian Chambers of Commerce & Industry (FICCI) at the Begumpet Airport in Hyderabad.

Professor Wilfried Brutsaert wins the Stockholm Water Prize 2022

• Renowned hydrologist Wilfried Brutsaert, also known as Evaporation, was awarded the Stockholm Water Prize 2022 for his groundbreaking work to quantify environmental evaporation.
• His research helps to make accurate predictions of the impact that climate change has on local rainfall patterns and water sources.
• He is a Professor in Engineering Emeritus at Cornell University, the United States.

Ranks and Indices

Uttar Pradesh’s Moradabad becomes the world’s second noisiest city in the ‘Annual Frontier Report 2022’

• According to a report called the ‘Annual Frontier Report 2022’ published by the United Nations Environment Programme (UNEP), Uttar Pradesh’s Moradabad (famously known as ‘brass city’) became the second noisiest city in the world.
• Bangladesh’s capital city Dhaka (119 dB) was ranked as the noisiest city in the world. Dhaka was followed by Moradabad (India) at 114 dB, Islamabad (Pakistan) at 105 dB, Rajshahi (Bangladesh) at 103 dB and Ho Chi Minh City (Vietnam) at 103 dB.
• The quietest cities in the world as per the report are Irbid (Jordan) at 60 dB, Lyon (France) at 69 dB, Madrid (Spain) at 69 dB, Stockholm (Sweden) at 70 dB and Belgrade (Serbia) at 70 dB.

Sports News

Max Verstappen wins the Saudi Arabian Formula One Grand Prix 2022

• Red Bull driver Max Verstappen (Belgian-Dutch) has won the Saudi Arabian Formula One Grand Prix 2022.
• Ferrari driver Charles Leclerc (Monaco) came in the second position and Ferrari driver Carlos Sainz Jr. (Spain) came in the third position.
• Recently, Charles Leclerc won the Bahrain Formula One Grand Prix 2022.

Indian Railways’ women’s team wins the fifty-sixth National Cross-Country Championship

• Indian Railways’ women’s team won the fifty-sixth National Cross-Country Championship held in Kohima, Nagaland.
• The women athletes of Indian Railways won the gold medal in the team event while the Indian Railways’ men’s team won the silver medal.

Indian Railways won the Obaidullah Khan Heritage Hockey Cup 2022

• Indian Railways bagged the championship of the Obaidullah Khan Heritage Hockey Tournament in Bhopal, Madhya Pradesh. Indian Railways defeated the Army XI team by 2-1 goals.
• Player of the Match – Joginder Singh, Indian Railways
• Best Goalkeeper – Senthamizh Arasu, Army XI
• Best Defender – Jasjit Singh Kuler, Indian Railways
• Best Mid-fielder – Syed Niaz Rahim, Indian Railways
• Best Forward – Talwinder Singh, Indian Oil
• Player of the Tournament- Arjun Sharma, Indian Railways

P. V. Sindhu wins the women’s singles title at the Swiss Open 2022

• India’s double Olympic medallist P. V. Sindhu defeated Busanan Ongbamrungphan of Thailand to win the women’s singles crown at the Swiss Open 2022.
• This is the second title for P. V. Sindhu in Basel, where she won her maiden World Championships title in 2019.
• Jonathan Christie won the men’s singles final by defeating S. Prannoy at the Swiss Open 2022.

Indian U-18 women’s football team clinches the SAFF U-18 Women’s Championship 2022 title

• India U-18 women’s team emerged as the champions of the SAFF U-18 Women’s Championship 2022 by defeating Bangladesh at the J. R. D. TATA Sports Complex in Jamshedpur, Jharkhand.
• Indian player Lynda Kom was named the valuable player of the tournament and the highest goal scorer (five goals) of the tournament.

BYJU’S was named as the official sponsor of the FIFA World Cup Qatar 2022

• The Bengaluru-based edtech firm BYJU’S was selected as the official sponsor of FIFA (Fédération Internationale de Football Association) World Cup 2022 to be held in Qatar.
• This would make BYJU’S the first edtech brand and become the first Indian firm to sponsor FIFA World Cup.
• BUY’S is also the sponsor of the Indian national cricket team.

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