27th February 2021 Current Affairs


GK Update of twenty seventh February 2021 overlaying the next information headlines: World NGO Day, 2nd Khelo India National Winter Games, National Statistical Office, JPMorgan, State Bank of India.

National News

1. PM Modi just about addresses 2nd Khelo India National Winter Games

  • Prime Minister Narendra Modi has delivered the inaugural tackle on the 2nd Khelo India National Winter Games by a video convention.
  • The second version of the Khelo India-Winter Games has been organised on the world-famous ski-resort Gulmarg within the Baramulla district of Jammu and Kashmir.
  • The occasion has been organised by the Union Ministry of Youth Affairs and Sports, in collaboration with the Jammu and Kashmir Sports Council and the Winter Games Association of J&K. The sports activities actions on the video games will embrace alpine snowboarding, nordic ski, snowboarding, ski mountaineering, ice hockey, ice skating, ice inventory and so forth.

Important takeaways for all aggressive exams:

  • Union Minister of Youth Affairs and Sports: Kiren Rijiju.

Economy News

2. NSO expects the Indian financial system to contract by 8% in 2020-21

  • The GDP development of India throughout 2020-21 is estimated to contract 8 per cent, as per the second superior estimates projected by the National Statistical Office (NSO).
  • This was 4.9 per cent in 2019-20. NSO had projected a GDP contraction of 7.7 per cent in its first advance estimate.

Banking News

3. SBI joins JPMorgan’s blockchain funds community

  • State Bank of India has tied up with JPMorgan to make use of the US financial institution’s blockchain expertise to hurry up abroad transactions.
  • The tie-up is anticipated to scale back SBI clients’ transaction prices and time taken for funds. SBI has joined Liink, a brand new blockchain-based interbank information community developed by JPMorgan. By integrating the expertise, the financial institution expects to scale back transaction prices and enhance cross-border funds for its clients.
  • Liink is a peer-to-peer community and ecosystem working underneath the umbrella of JPMorgan’s blockchain- and digital-currency-focused enterprise, dubbed Onyx.
  • Piloted in 2017, the product was initially known as Interbank Information Network and rebranded as Liink in October 2020.
  • The Liink answer has enlisted greater than 400 monetary establishments and firms in 78 international locations, together with 27 of the world’s high 50 banks. The community has round 100 reside banks on the community, together with each state-owned and personal establishments.

Important takeaways for all aggressive exams:

  • JPMorgan CEO: Jamie Dimon.
  • JPMorgan Headquarters: New York, United States
  • JPMorgan Founder: J. P. Morgan.
  • SBI Chairperson: Dinesh Kumar Khara.
  • SBI Headquarters: Mumbai.
  • SBI Founded: 1 July 1955.

Business News

4. NPCI allows UPI AutoPay reside on music streaming platform ‘Gaana’

  • National Payments Corporation of India (NPCI) has introduced that UPI AutoPay has now gone reside on Gaana. Its integration with UPI AutoPay has made Gaana the first participant within the Media & Entertainment business to roll out the progressive e-mandate function on UPI.
  • The introduction of UPI AutoPay will empower Gaana’s customers to expertise a clean and seamless mechanism of renewing their subscriptions.

Important takeaways for all aggressive exams:

  • National Payments Corporation of India MD & CEO: Dilip Asbe.
  • National Payments Corporation of India Headquarters: Mumbai.
  • National Payments Corporation of India Founded: 2008.

Appointments News

5. Russian supermodel Vodianova is new UN goodwill ambassador

  • Russian supermodel and philanthropist Natalia Vodianova has grow to be a United Nations goodwill ambassador, to advertise the sexual and reproductive rights of ladies and ladies and deal with stigmas surrounding their our bodies.
  • She might be a campaigner for the UN Population Fund, which now calls itself the UN”s sexual and reproductive well being company, often called UNFPA.

Important takeaways for all aggressive exams:

  • UNFPA Headquarters: New York, New York, United States.
  • UNFPA Head: Natalia Kanem.
  • UNFPA Founded: 1969.

6. AU Small Finance Bank has named Sharad Goklani as President & CTO

  • AU Small Finance Bank has named Sharad Goklani as its new President & CTO. He was earlier related to Equitas Small Finance Bank as its EVP & Chief Technology Officer.
  • As part of his new appointment, Goklani might be based mostly in Jaipur Rajasthan. Prior to Equitas, he was related to Bharti Airtel and Bharti Telesoft. He holds a Master diploma in pc utility from Jaipur University.
  • AU was began 25 years in the past by Sanjay Agarwal, a benefit holder Chartered Accountant and a first-generation entrepreneur.
  • As per the official web site, it was based in Jaipur in 1996 as Au Financiers, a non-deposit taking Non-Banking Finance Company (NBFC), it successfully labored on funding financial development, particularly for the under-served and un-served low & middle-class people.
  • Au Financiers transformed into AU Small Finance Bank in April 2017 after receiving the license from RBI.

Sports News

7. R. Vinay Kumar declares retirement from all types of cricket

  • Former India worldwide and Karnataka captain, R Vinay Kumar has introduced retirement from all types of cricket. The “Davangere Express” after working for 25 years and passing so many stations of cricketing life, has lastly arrived on the station known as retirement.
  • Vinay, a medium-pacer, represented India in a single Test, 31 ODIs and 9 T20Is between 2010 and 2013. Vinay retires as a home large of Indian cricket having taken 504 first-class wickets in 139 matches that included 26 five-wicket hauls and 5 10-wicket hauls in a match.With the bat, he scored 3311 runs together with two centuries and 17 half-centuries.
  • In 141 List A matches, the 37-year-old took 225 wickets at 24.39 and scored 1198 runs together with 4 half-centuries.

8. Yusuf Pathan declares retirement from all types of cricket

  • Former India all-rounder, Yusuf Pathan has introduced his retirement from all codecs of cricket. He performed 57 ODIs and 22 T20Is for India since making his worldwide debut in 2007. He was a part of the Indian staff that received the ICC T20 World Cup 2007 and ICC Cricket World Cup 2011.
  • He scored 810 ODI runs and 236 T20I runs for India. He additionally picked up 46 wickets in limited-overs worldwide cricket. Yusuf performed 100 first-class matches, scoring 4825 runs and selecting up 201 wickets.
  • In List A cricket, the right-handed batsman gathered 4797 runs and obtained 124 wickets from 199 matches. He final performed for India in an ODI in opposition to South Africa at Johannesburg in March 2012.

Important Days

9. World NGO Day: 27 February

  • World NGO Day is widely known yearly on twenty seventh February globally. World NGO Day goals to encourage folks to grow to be extra actively concerned inside NGOs (Charities, NPOs, CSOs) and encourage a better symbiosis between NGOs and each the private and non-private sector.
  • The common idea of World NGO Day is Celebrate, Commemorate and Collaborate the assorted NGOs all over the world, and the folks behind them. World NGO Day is a day for NGOs across the globe to share data and experiences with each other.
  • The Day was formally recognised and declared by the 12 member international locations (Belarus, Denmark, Estonia, Finland, Germany, Iceland, Latvia, Lithuania, Poland, Russia, Norway and Sweden). It was marked for the primary time by the UN, EU leaders and worldwide organisations in 2014.

Obituaries News

10. Padma Shri Malayalam Poet Vishnunarayanan Namboothiri passes away

  • Renowned Malayalam poet, the priest and academician Vishnu Narayanan Namboothiri, has handed away. He was honoured with the Padma Shri in 2014, for his contribution to the world of Malayalam literature for many years.
  • He additionally received the Kerala Sahitya Akademi Award, Kendra Sahitya Akademi Fellowship, Vallathol Award, Odakkuzhal Award and the Mathrubhumi Literary Award, amongst others. He was additionally a famous scholar of language and the Vedas, in addition to an orator.

11. Papua New Guinea’s first Prime Minister, Michael Somare, passes away

  • The first prime minister of Papua New Guinea, Michael Somare has handed away. He was often called the “father of the nation” as a result of he led the Pacific archipelago to independence from Australia in 1975.
  • He had served because the prime minister of the nation 4 instances, between 1975 to 2011, and has been the longest-serving prime minister (17 years).