19th February 2021 Current Affairs


GK Update of nineteenth February 2021 overlaying the next information headlines: Production Linked Incentive, Mahabahu-Brahmaputra, Georgia, Maa Samaleswari Shrine, International Financial Services Centres.

National News

1. Cabinet approves PLI scheme for telecom sector price Rs 12,195 crore

  • The Union Cabinet permitted a Rs 12,195-crore Production Linked Incentive (PLI) scheme for home manufacturing of telecom and networking merchandise similar to switches, routers, radio entry community, wi-fi tools and different IoT entry units.
  • Through this resolution, the federal government goals to offset the imports of telecom tools price greater than Rs 50,000 crore and reinforce it with “Made in India” merchandise each for home markets and exports.
  • The assist below the PLI scheme shall be offered to corporations producers of specified telecom and networking merchandise in India like Gigabit Passive Optical Networks (GPON), base routers, Dense Wavelength Division Multiplexing (DWDM), Multiprotocol Label Switching (MPLS/ IPMPLS) and 5G/4G radios.
  • The authorities will quickly give you a PLI scheme to encourage the manufacturing of laptops and pill PCs.

2. Prime Minister launches ‘Mahabahu-Brahmaputra’ initiative in Assam

  • Prime Minister Narendra Modi has just about launched ‘Mahabahu-Brahmaputra’ initiative in Assam. He laid the muse stone for the Dhubri Phulbari bridge. PM additionally carry out the bhumi puja for the development of Majuli Bridge in Assam.
  • PM has introduced the main points acknowledged that the landmark day within the improvement journey for Assam as Mahabahu-Brahmaputra initiative goes to be launched.
  • Mahabahu-Brahmaputra initiative goes to be marked with the inauguration of the Ro-Pax vessel operations.
  • The Ro-Pax vessel operations shall be launched in between the Neamatighat & Majuli, Dhubri-Hatsingimari and North-South Guwahati. This initiative additionally consists of the inauguration of the Inland Water Transport Terminal at Jogighopa. The initiative will even be marked with the inauguration of assorted vacationer jetties at 4 areas as a way to promote the river tourism and employment throughout the state.

Important takeaways for all aggressive exams:

  • Assam CM: Sarbananda Sonowal.
  • Assam Governor: Jagdish Mukhi.

International News

3. Georgian Prime Minister Giorgi Gakharia resigns

  • The Prime Minister of Georgia, Giorgi Gakharia has introduced his resignation. The 45-year-old Gakharia served because the Prime Minister from 8 September 2019 to 18 February 2021.
  • He was stepping down due to disagreements inside his personal workforce over the choice to arrest Nika Melia, chairman of the United National Movement opposition celebration.

Important takeaways for all aggressive exams:

  • Georgia Capital: Tbilisi; Currency: Georgian lari.

State News

4. ‘Snakepedia’ cellular app launched in Kerala

  • A workforce of scientists, medical doctors and photographers in Kerala have launched a cellular software named “Snakepedia”, that may current all related info on snakes, to assist the general public in addition to medical doctors in treating snake bites.
  • The important goal of the app is to assist the general public determine snakes, avail correct remedy on time for snakebites, bust myths about snakes, and defend snakes in addition to snakebite victims.
  • The android cellular software paperwork info on snakes with the assistance of images, infographics and podcasts and analyses its first support, remedy, myths and superstitions.

Important takeaways for all aggressive exams:

  • Kerala CM: Pinarayi Vijayan.
  • Kerala Governor: Arif Mohammad Khan.

5. Odisha Govt introduced Development Package for Maa Samaleswari Shrine

  • The state authorities of Odisha, below Chief Minister Naveen Patnaik, has launched the event work for the SAMALEI Project (Samaleswari Temple Area Management and Local Economy Initiatives), to supply the divine expertise to vacationers & devotees.
  • The mission entails the event of 108 acres of land in & across the Sixteenth-century shrine of Maa Samaleswari, the presiding deity of western Odisha.
  • Odisha Government has introduced a package deal of Rs 200-crore for 2021-22 fiscal for the implementation of the mission. The mission shall be applied below MoSarkar5T and can give attention to the beautification of the temple & financial improvement of native folks.
  • It will embody the event of facilities for devotees contained in the 12-acre temple premises and improvement of 4 tall heritage welcome gates.

Important takeaways for all aggressive exams:

  • Chief Minister of Odisha: Naveen Patnaik.
  • Odisha Capital: Bhubaneswar.
  • Odisha Governor: Ganeshi Lal.

Banking News

6. RBI permits residents to make remittances to IFSCs below LRS

  • The Reserve Bank of India has permitted resident people to make remittances below the Liberalised Remittance Scheme (LRS) to International Financial Services Centres (IFSCs) within the nation.
  • The resolution of the RBI is aimed toward deepening the monetary markets within the IFSCs and offering a chance for resident people to diversify their portfolios.
  • The RBI has reviewed the extant pointers on LRS and determined to allow resident people to make remittances below LRS to IFSCs arrange in India below the Special Economic Zone Act, 2005.
  • The remittance shall be made just for making investments in IFSCs in securities, apart from these issued by entities/corporations resident (exterior IFSC) in India. Any funds mendacity idle within the account for a interval as much as 15 days from the date of its receipt into the account shall be instantly repatriated to home INR account of the investor in India.

Important takeaways for all aggressive exams:

  • RBI twenty fifth Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.
  • India’s first IFSC: Gujarat International Finance Tec-City.

Economy News

7. Oxford Economics Revises India’s GDP to 10.2% for 2021

  • The international forecasting agency Oxford Economics has revised India’s financial development projection for the Calendar yr 2021 to 10.2 per cent, in comparison with a earlier estimate of 8.8 per cent.
  • The motive for the upward revision is the receding COVID-19 dangers and the shift within the financial coverage outlook.
  • Oxford Economics is headquartered in Oxford, United Kingdom and has 6 workplace areas throughout 5 nations. It supplies international forecasts and evaluation to foretell and handle financial danger.

Appointments News

8. Ajai Malhotra turns into first Indian chairperson at UNHRC advisory

  • Ajai Malhotra turned the primary Indian to be elected because the Chairperson of the United Nations Advisory Committee of the Human Rights Council. He has been on the Indian workforce negotiating points similar to organic variety, local weather change, desertification, training, power, forestry, well being, human rights, human settlements, mental property, worldwide regulation, labour, ozone depletion, sustainable improvement and commerce.
  • Malhotra first joined the Indian Foreign Services in 1977. Malhotra has beforehand served as ambassador to Russia, Kuwait, Ambassador and Deputy Permanent Representative to the United Nations, New York and Romania.

Important takeaways for all aggressive exams:

  • Human Rights Council Founded: 15 March 2006.
  • Human Rights Council President: Nazhat Shameem.
  • Human Rights Council Headquarters: Geneva, Switzerland.

Science and Technology News

9. Hyundai Develops Ultimate Mobility Vehicle ‘TIGER X-1’

  • Hyundai Motor Company has launched a Transformer-like robocar dubbed as TIGER X-1, that may journey over essentially the most difficult terrains on the Earth in addition to on different planets.
  • TIGER stands for Transforming Intelligent Ground Excursion Robot, and the X-1 denotes its experimental standing.
  • The Ultimate Mobility Vehicle (UMV) TIGER is being developed by Hyundai in partnership with Autodesk and Sundberg-Ferar.
  • Tiger is designed as a battery-electric automobile, comprising of a small pod with 4 wheels on extendable legs. it will likely be capable of function as both a four-wheel-drive automobile or four-legged strolling robotic.
  • The automobile is unscrewed, that means that its, important use shall be to hold payloads over distant and inaccessible areas, and never the folks
  • It will assist in search and rescue, scientific analysis, navy, or exploratory missions (even on new planets).

Important takeaways for all aggressive exams:

  • Hyundai Motor Company Founder: Chung Ju-Yung.
  • Hyundai Motor Company Founded: 29 December 1967, Seoul, South Korea.

Sports News

10. Chris Morris turns into IPL’s most costly participant

  • Former Royal Challengers Bangalore (RCB) famous person and South African all-rounder Chris Morris shattered all data on the Indian Premier League (IPL) 2021 public sale in Chennai. Rajasthan Royals went all-out for the South African all-rounder Morris, shopping for him for a whopping INR 16.25 crore.
  • Morris, who was declared surplus to requirement by the Virat Kohli-led facet after the conclusion of the IPL 2020 final yr, turned out to be the most costly participant purchased within the historical past of the cash-rich event.

11. South Africa’s Faf du Plessis retires from Test cricket

  • Former captain of South Africa, Faf du Plessis has introduced his retirement from Test cricket.
  • The 36-year-old made his Test debut in November 2012 and performed a complete of 69 video games within the longest format.
  • He scored 4163 runs in his Test profession, at a mean of 40.02, with 10 centuries and 21 fifties.

12. Kings XI Punjab renamed as Punjab Kings forward of IPL public sale

  • The IPL Franchise, Kings XI Punjab has formally been renamed as Punjab Kings forward of the Indian Premier League public sale. The new model identify and emblem of the workforce was formally launched by the administration.
  • The Punjab-based IPL franchise ‘Punjab Kings‘ is co-owned by Bollywood actress Preity Zinta, together with businessman Ness Wadia, Mohit Burman and Karn Paul. The facet is presently led by batsman KL Rahul, with former Indian captain Anil Kumble as its head coach.

Obituaries News

13. Former Union Minister Captain Satish Sharma passes away

  • Veteran Congress chief and former Union Minister Captain Satish Sharma handed away. He served because the Union Minister of Petroleum and Natural Gas from 1993 to 1996 within the Narasimha Rao authorities.
  • Captain Satish Sharma was an in depth aide of former prime minister Rajiv Gandhi. He was a three-time Lok Sabha MP, representing Rae Bareli and Amethi constituencies and Rajya Sabha member for 3 phrases representing the states of Madhya Pradesh, Uttarakhand and Uttar Pradesh.