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Current Affairs 27 March 2022

Dear aspirants, to crack any type of competitive examination current affairs plays a significant role and for that we are providing daily important news that are most important for your examination. So we are here for you to provide the important Recent and Latest Current Affairs 27 March 2022.

Current Affairs 27 March 2022 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

 News Headlines 

  1. India, WHO sign pact to set up Global Traditional Medicine Centre in Gujarat
  2. UEFA World Cup 2022 qualifiers: Italy will miss Qatar after shock loss to North Macedonia; Portugal advance
  3. Emami acquires Dermicool from Reckitt for Rs 432 crore
  4. Yogi Adityanath takes oath as UP CM for 2nd straight term; KP Maurya, Brajesh Pathak sworn-in as Deputy CMs
  5. IPG Mediabrands India CEO Shashi Sinha takes over as BARC chairman
  6. RBI approves appointment of Pralay Mondal as CSB Bank’s interim MD and CEO
  7. Former banker Mukesh Jain appointed as WDRA Member
  8. Bank of Baroda, RBI’s Innovation Hub to boost financial inclusion for millions of women entrepreneurs, others
  9. Paytm launches ‘Payment Analytics’ to help SMEs make data driven decisions
  10. Stephen Wilhite, Creator of the Animated GIF, Dies at 74
  11. First wildlife bond issued by World Bank to save Africa’s black rhino
  12. RBI Governor Shaktikanta Das inaugurates Reserve Bank Innovation Hub (RBIH) in Bengaluru
  13. India’s First-ever SAI National Centre of Excellence for Mountain Terrain Biking and Bicycle Motocross to be set up in Shimla
  14. Lt. Gen. Vinod G. Khandare appointed Adviser in Defence Ministry
  15. Former SBI chairman Rajnish Kumar joins advisory board of Dun & Bradstreet
  16. Ola signs agreement to acquire neo bank Avail Finance

 News Details 

1. India, WHO sign pact to set up Global Traditional Medicine Centre in Gujarat

  • The World Health Organisation (WHO) and the Government of India signed an agreement to establish the Global Centre for Traditional Medicine in Gujarat.
  • The onsite launch of the new WHO global centre for traditional medicine in Jamnagar, Gujarat, India will take place on April 21, 2022.
  • While Jamnagar will serve as the hub, the new centre will engage and benefit the entire world.

2. UEFA World Cup 2022 qualifiers: Italy will miss Qatar after shock loss to North Macedonia; Portugal advance

  • Italy missed out on a second consecutive World Cup after losing 1-0 at home to North Macedonia, with Aleksandar Trajkovski scoring the winner in second-half stoppage time.
  • European champions Italy did not qualify for the World Cup four years ago, their first failure to reach the tournament since 1958.

3. Emami acquires Dermicool from Reckitt for Rs 432 crore

  • Boroplus maker Emami has acquired Dermicool, one of the leading brands in the prickly heat and cool talc category, from FMCG major Reckitt for a total consideration of Rs 432 crore (excluding taxes and duties).
  • According to industry stakeholders, Navratna is the second-largest brand in the segment after Nycil (owned by Zydus Wellness) while Dermicool comes in third.

4. Yogi Adityanath takes oath as UP CM for 2nd straight term; KP Maurya, Brajesh Pathak sworn-in as Deputy CMs

  • Yogi Adityanath took oath as the CM of UP for the second time.
  • Keshav Prasad Maurya and Brajesh Pathak are the two deputy CMs of UP.
  • While this is the second term for Keshav Maurya as Deputy CM, Dinesh Sharma has been replaced by Brajesh Pathak.

5. IPG Mediabrands India CEO Shashi Sinha takes over as BARC chairman

  • The board of Broadcast Audience Research Council (BARC) has elected Shashi Sinha, Chief Executive Officer at IPG Mediabrands India, as its new chairman at a meeting on March 25.
  • He succeeds Zee Entertainment Enterprises MD & CEO Punit Goenka, who served as the chairman for three years.
  • Sinha represented the Advertising Agencies Association of India as the board member.

6. RBI approves appointment of Pralay Mondal as CSB Bank’s interim MD and CEO

  • CSB Bank appointed its current deputy Managing Director, Pralay Mondal, as the interim Managing Director (MD) & CEO for a period of 3 months from 1 April 2022 or till the appointment of a regular MD & CEO, whichever is earlier.
  • VR. Rajendran, the present MD & CEO will take early retirement from the position due to health reasons by 31 March 2022.

7. Former banker Mukesh Jain appointed as WDRA Member

  • The Appointments Committee of the Cabinet has approved the appointment of Mukesh Kumar Jain, former MD & CEO of the erstwhile Oriental Bank of Commerce (OBC), as Member in the Warehousing Development and Regulatory Authority (WDRA).
  • He has been appointed for a period of three years, according to the Department of Personnel & Training.

8. Bank of Baroda, RBI’s Innovation Hub to boost financial inclusion for millions of women entrepreneurs, others

  • Bank of Baroda (BoB) has partnered with RBI’s wholly-owned subsidiary Reserve Bank Innovation Hub (RBIH) to promote financial inclusion of women through technology.
  • BoB will be the ‘scale-up partner’ for RBIH’s inaugural edition of its programme Swanari TechSprint which would focus on developing digital solutions to help women achieve financial security and independence.

9. Paytm launches ‘Payment Analytics’ to help SMEs make data driven decisions

  • Digital payments and financial services company One97 Communications Limited, which owns the brand Paytm, has announced that its wholly-owned subsidiary Paytm Payments Services Limited, is enabling merchants with data-driven payment insights to help them understand their customers and their payment preferences.

10. Stephen Wilhite, Creator of the Animated GIF, Dies at 74

  • Stephen Wilhite, the inventor of GIF or Graphics Interchange Format, died on March 14, 2022, due to Covid complications.
  • He passed away at the age of 74 at his home in Ohio, United States.
  • Today, GIFs have become an integral part of communication on social media and networking sites.
  • Wilhite invented the GIF while he was working at a tech company CompuServe in 1987.

11. First wildlife bond issued by World Bank to save Africa’s black rhino

  • The World Bank has priced the world’s first wildlife bond, raising $150 million that will be partly used for the conservation of black rhinos in South Africa.
  • The five-year bond will pay returns determined by the rate of growth in populations of the animals in two South African reserves, the Addo Elephant National Park and the Great Fish River Nature Reserve.

12. RBI Governor Shaktikanta Das inaugurates Reserve Bank Innovation Hub (RBIH) in Bengaluru

  • RBI Governor Shaktikanta Das inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru, set up with an initial capital contribution of Rs. 100 crore to encourage and nurture financial innovation.
  • The Hub has an independent Board with Senapathy (Kris) Gopalakrishnan as the Chairman and other eminent persons from industry and academia as members.

13. India’s First-ever SAI National Centre of Excellence for Mountain Terrain Biking and Bicycle Motocross to be set up in Shimla

  • The Ministry of Youth Affairs and Sports in collaboration with the Youth Services and Sports department of the Government of Himachal Pradesh is set to build India’s first-ever SAI National Centre of Excellence to train athletes in Mountain Terrain Biking and Bicycle Motocross in Shimla.
  • This center is at an altitude of 2000 meters above sea level.
  • The NCOE is being set up to provide world-class training facilities to Indian cyclists.

14. Lt. Gen. Vinod G. Khandare appointed Adviser in Defence Ministry

  • Gen. Vinod G. Khandare (retd.) has been appointed as Adviser in the Ministry of Defence. He will work closely with the Defence Secretary.
  • Gen. Khandare superannuated from the Army end-January 2018.
  • From then till October 2021, he served as the Military Adviser in the National Security Council Secretariat (NSCS) under the Prime Minister’s Office.

15. Former SBI chairman Rajnish Kumar joins advisory board of Dun & Bradstreet

  • Former State Bank of India (SBI) chairman Rajnish Kumar has joined the international strategic advisory board of data and analytics firm Dun & Bradstreet.
  • Kumar, a veteran banker, currently sits on the boards of HSBC Asia Pacific, L&T Infotech, Hero MotoCorp and BharatPe.
  • Dun & Bradstreet has a legacy of more than 180 years.

16. Ola signs agreement to acquire neo bank Avail Finance

  • Mobility firm Ola has signed an agreement to acquire neo bank Avail Finance which provides financial services to the blue-collared workforce and has over 6 million users.
  • The acquisition is a key step in Ola’s broader push into the fintech space as it looks to build a mobility-focused financial services business under Ola Financial.
  • Ola recently invested nearly Rs 800 crores into its financial services business.

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