20th March 2021 Current Affairs


GK Update of twentieth March 2021 protecting the next information headlines: Netherlands, Tanzania, UNCTAD, Moody’s, International Day of Happiness, World Sparrow Day.

International News

1. Dutch PM Mark Rutte powers to the fourth straight election win

  • Netherlands Prime Minister, Mark Rutte has received the 2021 parliamentary elections with most seats to be sworn in because the Prime Minister for the fourth straight time period.
  • Earlier Rutte and his complete Cabinet provided their resignation on 15 January 2021 in response to a scandal referring to baby welfare fraud, nevertheless, Rutte remained in workplace until the conclusion of the 2021 election. Rutte has been Prime Minister of the Netherlands since October 2010.

Important takeaways for all aggressive exams:

  • Netherlands Capital: Amsterdam; Currency: Euro

2. Samia Suluhu Hassan sworn in as Tanzania’s first lady President

  • Samia Suluhu Hassan was sworn in because the sixth President of Tanzania, turning into the primary feminine chief of the East African nation.
  • The 61-year-old Hassan assumed the presidency, following the demise of earlier President John Magfufuli, as a result of a coronary heart situation. She will end Magufuli’s second five-year time period, which can run till 2025.
  • Prior to taking cost as President, Hassan was the Vice-President of Tanzania, additionally being the primary feminine vice-president of the nation, since November 2015.

Appointments News

3. NeoGrowth appoints Ajinkya Rahane as model ambassador

  • NeoGrowth Credit Pvt. Ltd, a lender to small companies, has introduced the appointment of cricketer Ajinkya Rahane as its model ambassador. The settlement is for a yr which might be prolonged additional.
  • Rahane will characteristic in a marketing campaign slated to be launched within the first week of April, which can speak in regards to the ease of procuring loans by means of NeoGrowth for small companies. The marketing campaign “Keeping it simple” will present the day-to-day struggles of small companies whereas scaling up and the way NeoGrowth may also help them overcome them.

Banking News

4. PNB sets-up subsidiary to handle bank card enterprise

  • Punjab National Bank (PNB) has arrange a wholly-owned subsidiary specifically “PNB Cards & Services Ltd” to handle its bank card enterprise. The PNB Cards & Services Ltd has been integrated on March 16, 2021, by the Registrar of Companies, Delhi.
  • The new subsidiary will undertake the non-financial assist companies associated to the bank card enterprise of the financial institution. The authorised capital of the corporate is Rs 25 crore and the paid-up capital is Rs 15 crore.

Important takeaways for all aggressive exams:

  • Punjab National Bank Headquarters: New Delhi.
  • Punjab National Bank MD and CEO: S. S. Mallikarjuna Rao.
  • Punjab National Bank Founded: 19 May 1894, Lahore, Pakistan.

Economy News

5. UNCTAD tasks India’s GDP to develop 5% in 2021

  • The UN Conference on Trade and Development (UNCTAD) has projected India’s economic system to contract by 6.9 per cent in 2020 as a result of coronavirus pandemic, is forecast to document a “stronger recovery” in 2021 and develop by 5 per cent.
  • Further, the UNCTAD estimates the worldwide economic system to develop by 4.7 per cent in 2021.
  • The report famous that the deeper than anticipated downturn in 2020 explains partly the stronger restoration now projected for 2021 for India. According to a UN report which mentioned the nation’s present fiscal yr price range factors to a shift in direction of the demand-side stimulus, with an uptick in public funding.

Important takeaways for all aggressive exams:

  • UNCTAD Headquarters: Geneva, Switzerland.
  • UNCTAD Founder: United Nations General Assembly.
  • UNCTAD Founded: 30 December 1964.

6. India’s economic system projected to develop at 12% in CY 2021: Moody’s

  • Moody’s Analytics has projected the Indian economic system to develop by 12 per cent within the Calendar Year 2021. For the Calendar yr 2020, the true GDP was projected to contract 7.1 per cent by Moody’s.  It should be famous that Moody’s Analytics makes calendar yr projections, whereas its sister group Moody’s Investors Service supplies fiscal yr estimates.
  • This forecast is equal to actual GDP, in stage phrases, rising by 4.4 per cent above pre-COVID-19 ranges (as of March 2020) by the tip of 2021, or equivalently, by 5.7 per cent above the GDP stage in December 2020 by the tip of 2021.

Important takeaways for all aggressive exams:

  • Headquarters of Moody’s: NewYork, United States.
  • President & CEO of Moody’s: Raymond W. McDaniel, Jr.

Sports News

7. Athlete Avinash Sable Sets New National Record In Men’s 3000m Steeplechase

  • The Indian athlete Avinash Sable set a brand new nationwide document within the males’s 3000m steeplechase occasion within the ongoing Federation Cup Senior National Athletics Championships in Patiala, with timing of 8:20.20.
  • With this, the 26-year-old Avinash broke his personal document of 8:21.37 which he set in 2019, after ending thirteenth within the remaining of the World Athletics Championships in Doha.
  • The military man from the arid Beed district of Maharashtra broke the nationwide document for the fifth time in his profession. Sable has already secured a berth within the Tokyo Olympics 2020 in males’s 3000m steeplechase through the 2019 World Athletics Championships.

Important Days

8. UN French Language Day Observed Globally on 20 March

  • The UN French Language Day is noticed yearly on 20 March. The day was established by the UN’s Department of Public Information in 2010, to rejoice multilingualism and cultural variety in addition to to advertise equal use of all six official languages all through the Organization.
  • March 20 was chosen because the date for the French language because it coincides with the fortieth anniversary of the International Organization of La Francophonie, representing nations and areas the place French is a customary language.
  • The date of French Language Day was chosen symbolically in reference to March 20, 1970, which marks the creation of the Agency for Cultural and Technical Cooperation (ACCT), which turned the International Organization of La Francophonie (OIF).

Important takeaways for all aggressive exams:

  • France Prime minister: Jean Castex.
  • France Capital: Paris.
  • France President: Emmanuel Macron.

9. World Oral Health Day is noticed on 20 March

  • World Oral Health Day is noticed yearly on twentieth March. It focuses on highlighting the advantages of excellent oral well being, spreads consciousness about oral ailments and promotes upkeep of oral hygiene.
  • The theme for the following three years, 2021-2023 is: Be Proud Of Your Mouth. The day is an initiative of FDI World Dental Federation; a corporation that brings collectively the world of dentistry with the intention of reaching optimum oral well being for everybody.
  • Oral well being is as vital as common well being. It helps you keep a wholesome mouth, tooth and gums. It additionally helps to enhance your look. Poor oral well being can’t solely result in oral ailments but additionally main well being issues like coronary heart illness, diabetes mellitus, stroke, respiratory issues and untimely births in pregnant girls.

10. International Day of Happiness: 20 March

  • International Day of Happiness is well known on March 20 to advertise happiness as a basic human proper for all human beings the world over. The 2021 International Day of Happiness marketing campaign theme is ‘Keep Calm.
  • Stay Wise. Be Kind’. Since 2013, the United Nations has celebrated the International Day of Happiness as a option to acknowledge the significance of happiness within the lives of individuals around the globe. The day was proclaimed by the United Nations General Assembly on 28 June 2012.

11. World Sparrow Day: 20 March

  • World Sparrow Day is well known yearly on March 20 to boost consciousness in regards to the House Sparrow and different frequent birds to city environments, and of threats to their populations. The theme of 2021 World Sparrow Day “I LOVE Sparrows”.
  • The day was initiated by the Nature Forever Society of India in collaboration with the Eco-Sys Action Foundation (France) and quite a few different nationwide and worldwide organisations the world over. The first World Sparrow Day was celebrated in 2010.
  • The sparrows are recognized to reside within the backyards and inexperienced patches in city areas however “in the last two decades, their population is on the decline in almost every city,” based on the wwfindia.org. On this World Sparrow Day let’s encourage youngsters and others round us to respect areas for sparrows.