7th & 8th March 2021 Current Affairs


GK Update of seventh and eighth March 2021 overlaying the next information headlines: Janaushadhi Diwas, New Delhi World Book Fair 2021, Transgender Community Desk, Federal Reserve Bank.

National News

1. PM Modi addresses ‘Janaushadhi Diwas’ celebrations

  • Prime Minister Narendra Modi has addressed ‘Janaushadhi Diwas’ celebrations by way of video convention. He devoted to the nation the 7500th Janaushadhi Kendra at NEIGRIHMS, Shillong throughout the occasion.
  • He interacts with beneficiaries of Pradhan Mantri Bhartiya Janaushadhi Pariyojana and in addition provides awards to stakeholders by recognizing their wonderful work. Union Minister for Chemicals & Fertilizers can even be current on the event.
  • 1st March to seventh March is well known as ‘Janaushadhi Week’ throughout the nation with the theme of “Jan Aushadhi – Seva Bhi, Rozgar Bhi” for creating consciousness about using generic medicines.
  • Various capabilities throughout the nation are organized like well being checkup camps, Jan Aushadhi Paricharcha, Teach Them Young, panel discussions with medical doctors, and so forth. this week.

2. Ramesh Pokhriyal Inaugurates New Delhi World Book Fair 2021

  • The Union Education Minister Ramesh Pokhriyal has inaugurated the New Delhi World Book Fair 2021-Virtual Edition, by way of video-conferencing. The program has been organized by the National Book Trust (NBT).
  • The New Delhi World Book Fair 2021 is the twenty ninth version of the annual occasion and for the primary time, the honest will probably be held just about because of the ongoing Covid-19 pandemic.
  • The theme of the 2021 New Delhi World Book Fair is ‘National Education Policy-2020’. The NEP 2020 was handed by the Union Cabinet final 12 months, which proposes a number of important modifications within the current schooling coverage.

Important takeaways for all aggressive exams:

  • National Book Trust Founded: 1 August 1957.
  • National Book Trust President: Govind Prasad Sharma.
  • National Book Trust Headquarters: Vasant Kunj, Delhi.

State News

3. India’s first ‘Transgender Community Desk’ opens in Telangana

  • The Cyberabad Police has launched India’s first-ever Transgender Community Desk’ on the Gachibowli Police Station in Hyderabad, Telangana. This desk is the first-of-its-kind gender-inclusive group policing initiatives within the nation.
  • The desk was formally inaugurated on Saturday by Cyberabad Police chief VC Sajjanar in a ceremony that was attended by over 200 transgender folks.
  • Earlier in 2014, the Supreme Court recognised the transgender group as a 3rd gender together with female and male and dominated that they’ve equal privilege over the basic rights enshrined within the Indian Constitution.
  • It is the world’s first-ever assist desk for the transgender group and it will likely be managed by a Police Liaison Officer and a member of the transgender group who’s designated as a group coordinator.
  • It can even be the focus for all grievance redressal among the many transgender group in Cyberabad Commissionerate.

Important takeaways for all aggressive exams:

  • Chief Minister of Telangana: K Chandrasekhar Rao; Governor: Tamilisai Soundararajan.

Banking News

4. EPFO retains rate of interest unchanged at 8.5% for 2020-21

  • The board of Employees’ Provident Fund Organisation (EPFO) has saved the rates of interest on Provident Fund deposits for the monetary 12 months 2020-21 at 8.5 per cent. The fee has been saved unchanged, as in 2019-20.
  • The resolution was taken by the Central Board of Trustees, on the 228th assembly, below the chairmanship of Labour Minister Santosh Kumar Gangwar.
  • Last 12 months, in March, EPFO had lowered the rate of interest on provident fund deposits to a seven-year low of 8.5 per cent for 2019-20. For the monetary 12 months 2018-19, the rate of interest was mounted at 8.65 per cent. The EPFO had offered an 8.55 per cent rate of interest to its subscribers for 2017-18 and an rate of interest was 8.65 per cent for the monetary 12 months 2016-17.

Important takeaways for all aggressive exams:

  • CEO of EPFO: Sunil Barthwal.
  • EPFO Founded: 4 March 1952.
  • EPFO Headquarters: New Delhi.

Business News

5. Sebi cancels Sahara India Financial Corp’s registration as sub-broker

  • Markets regulator Sebi has cancelled the certificates of registration of Sahara India Financial Corporation Ltd as a sub-broker citing its failure to fulfil the “fit and proper” standards.
  • The regulator had appointed a delegated authority in 2018 to investigate whether or not Sahara India Financial violated provisions of Intermediaries Regulations.
  • According to the designated authority’s report, contemplating the antecedents of Subrata Roy Sahara and the assorted judicial pronouncements towards him and different group firms of Sahara, it’s decided that Sahara India Financial (noticee) shouldn’t be a “fit and proper person” to proceed as a sub-broker within the securities market.

Important takeaways for all aggressive exams:

  • Securities and Exchange Board of India Founded: 12 April 1992.
  • Securities and Exchange Board of India Headquarters: Mumbai.
  • Securities and Exchange Board of India Agency govt: Ajay Tyagi.

Appointments News

6. Naureen Hassan appointed as 1st VP & COO of Federal Reserve Bank

  • Indian-origin Naureen Hassan has been appointed as the primary Vice President and Chief Operating Officer (COO) of the New York-based Federal Reserve Bank, by the Board of Governors of the Federal Reserve System.
  • Hassan, whose mother and father had immigrated from India, is a 25-year veteran of the monetary providers business with experience in technique, digital transformation, cybersecurity and regulatory/threat administration.
  • With this new function, Hassan will turn out to be the second-highest-ranking officer of the New York Fed in addition to an alternate voting member of the Federal Open Market Committee.
  • Prior to this, she was the Chief Digital Officer for Morgan Stanley Wealth Management (MSWM). She will take over the brand new function with impact from March 15, 2021. 

Important takeaways for all aggressive exams:

  • CEO of the Federal Reserve Bank: John C. Williams.
  • Federal Reserve BankChairperson: Jerome Powell.
  • Federal Reserve BankFounded: 23 December 1913.
  • Federal Reserve Bank HQ: New York, United States.

Defence News

7. Rajnath Singh Attends 3-day Combined Commanders’ Conference

  • Defence minister Rajnath Singh has attended the three-day Combined Commanders’ Conference (CCC) together with high defence officers at Kevadia, Gujarat.
  • Theaterisation of armed forces, self-reliance within the defence sector and evolving threats within the area would be the focus. It is a premier brainstorming occasion of the Military Commanders from the three Services.
  • Defense Minister, Rajnath Singh held deliberations on Day 2. In a primary, valedictory session on the third and remaining day chaired by PM Narendra Modi. The final CCC was held in 2018 on the Air Force Station, Jodhpur.

Schemes and Committees News

8. GoI Sets up 259-Member panel to Commemorate 75 Years of India’s Independence

  • The Government of India has arrange a 259-member high-level nationwide committee, to be headed by Prime Minister Narendra Modi to commemorate 75 years of India’s independence.
  • The committee will present coverage route and pointers for the formulation of programmes for the commemoration of the seventy fifth anniversary of Indian Independence, on the nationwide and worldwide ranges.
  • The celebrations are proposed to be launched 75 weeks previous to August 15, 2022, on March 12, 2021, which is the 91st anniversary of the historic Salt Satyagraha led by Mahatma Gandhi. The celebrations will probably be held on the nationwide and worldwide degree within the type of ‘Azadi Ka Amrit Mahotsav’. The high-level committee will maintain its first assembly on March 8, 2021.

Summits and Conferences News

9. Dr Harsh Vardhan addresses the inaugural session of Techbharat 2021

  • Union Minister for Health & Family Welfare, Dr Harsh Vardhan has addressed the inaugural session of TechBharat 2021. Laghu Udyog Bharati and IMS Foundation have organized the 2nd version of the conclave bringing collectively stakeholders from the HealthTech & Edutech sector on a digital platform.
  • Techbharat is facilitating interactions & deliberations between 1000’s of home & world contributors, together with policymakers, authorities representatives, business members, traders & start-ups to nurture resourceful partnerships and increase development within the sectors.
  • The Pradhan Mantri Aatmanirbhar Swasth Bharat Yojana, with a large outlay of over 64 thousand crore rupees over the following six years, will develop capacities of main, secondary and tertiary care, well being care methods.

Important Days

10. International Women’s Day: 8 March

  • International Women’s Day is well known on the eighth of March yearly. This day celebrating the social, financial, cultural and political achievements of girls.
  • The day additionally marks a name to motion for accelerating girls’s equality. International Women’s Day is a time to replicate on progress made, to name for change and to rejoice acts of braveness and dedication by extraordinary girls, who’ve performed a rare function within the historical past of their international locations and communities.
  • This 12 months’s theme for International Women Day, “Women in leadership: Achieving an equal future in a COVID-19 world”, celebrates the large efforts by girls and ladies around the globe in shaping a extra equal future and restoration from the COVID-19 pandemic.

Important takeaways for all aggressive exams:

  • Secretary-General of United Nations: Antonio Guterres.
  • United Nations based: 24 October 1945.
  • Headquarters of United Nations: New York, United States.

Obituaries News

11. Renowned Kannada poet Lakshminarayana Bhatta passes away

  • Noted Kannada poet, critic and translator NS Lakshminarayana Bhatta has handed away. Popularly often known as ‘NSL’ within the Kannada literary world, he was born in 1936 within the Shivamogga district.
  • A was recipient of the Karnataka Sahitya Akademi award and Kannada Rajyotsava Award amongst others, his common works embody Thaye Ninna madilali.
  • Bhatta had translated about 50 well-known sonnets of William Shakespeare (Suneeta), the poetry of TS Elliot and works of the famous poet William Butler Yeats (Chinnada Hakki) into Kannada.
  • He had additionally translated a number of different distinguished English literary works into Kannada. He served as a Professor at Bengaluru University, working within the Kannada Literature division, and is revered for popularizing the works of saint-poet Shishunala Sharif.

12. Muthoot Group Chairman M G George Muthoot passes away

  • M G George Muthoot, the Chairman and Whole Time Director of The Muthoot Group, has handed away. He was the mentor and visionary chief who performed a pivotal management function by way of his lengthy profession in constructing one of the trusted monetary powerhouses within the nation.
  • Mr George turned the managing director of Muthoot Group in 1979 and its chairman in 1993. Muthoot Finance Ltd is one the most important gold mortgage NBFCs in India, headquartered in Kochi, Kerala.

Miscellaneous News

13. Delhi govt approves formation of separate board in metropolis

  • Delhi authorities has authorised the formation of a separate faculty board for practically 2,700 faculties within the metropolis.
  • There are round 1,000 Delhi authorities faculties and about 1,700 personal faculties, most of them affiliated to the CBSE, within the metropolis. The new Board can have a governing physique headed by the Education Minister of the Delhi authorities and an govt physique headed by a chief govt officer.
  • The DBSE will probably be aimed toward imparting such schooling that prepares “fiercely patriotic” and self-dependent college students who serve the society and the nation in a selfless method. The Board will usher in finest worldwide practices and high-end methods in class schooling. It will impart schooling as per the aptitude of the scholars.

Important takeaways for all aggressive exams: 

  • Chief Minister of Delhi: Arvind Kejriwal; Governor of Delhi: Anil Baijal.

14. Indian Railways set up Mobile Train Radio Communication system

  • Indian Railways’ Western Railway zone has launched a cellular prepare radio communication (MTRC) system to facilitate direct and steady communication between the prepare crew and the management centre and station grasp.
  • Through efficient communication, this technologically superior system will assist in averting prepare accidents. This new communication system has already been deployed in 105 rakes, working between Churchgate to Virar over Mumbai’s suburban phase.

Important takeaways for all aggressive exams: 

  • Union Minister of Railways: Piyush Goyal.