Current Affairs 28th February 2020
1. ISRO to launch geo imaging satellite GISAT-1 on March 5
- GSLV-F10
will launch geo imaging satellite, GISAT-1,
- From
Satish Dhawan Space Centre in Sriharikota.
- Weighing
about 2,275 kg,
- GISAT-1 is
a state-of-the-art agile Earth observation satellite.
- GSLV : Geosynchronous
Satellite Launch Vehicle.
2. Realme ropes in Salman Khan as brand ambassador
- According
to Counterpoint Research,
- Realme
was the world’s fastest-growing smartphone brand in 2019.
- It ranked
at the 4th spot in the Indian smartphone market.
- Realme
Headquarters : Shenzhen, China.
3. DPIIT notifies policy to allow 100% FDI in insurance intermediaries
- The
Department for Promotion of Industry and Internal Trade (DPIIT)
- Amended
the Consolidated Foreign Direct Investment Policy 2017 (FDI Policy)
- To allow
100 per cent FDI in insurance intermediaries through the automatic route.
- Till now,
FDI up to 49% was allowed in insurance intermediaries.
4. Union FPI Minister launches Market Intelligence and Early Warning
System (MIEWS) Portal for Monitoring prices of TOP Crops
- Portal
can be accessed at http://miews.nafed-india.com.
- It is a
‘first-of-its-kind’ platform for ‘real time monitoring’ of prices of tomato,
onion and potato.
- Union Minister
of Food Processing Industries (FPI) : Harsimrat Kaur Badal.
5. CCEA approves Creation of National Technical Textiles Mission
- CCEA :
Cabinet Committee on Economic Affairs.
- Approved
setting up a national technical textiles mission.
- With a total
outlay of Rs 1,480 crore.
- The
mission will have a four-year implementation period from FY 2020-21 to 2023-24.
- Indian
technical textiles segment is estimated at 16 bn. dollars
6. Government of India announces Maiden Summit on Artificial
Intelligence
- GoI
announced the mega event,RAISE 2020
- RAISE
2020 = Responsible AI for Social Empowerment 2020.
- India’s
first Artificial Intelligence summit.
- Organized
by the Govt. in partnership with Industry & Academia.
- Ajay
Prakash Sawhney, Secretary MeitY.
7. CBSE releases an app to locate the Exam Centre
- CBSE has
also launched an Online Exam Center Management System-OECMS for the Principals
of the school.
- Anita
Karwal,chairperson of CBSE.
8. RBI directs banks to link all the new floating rate loans to medium
enterprises with external benchmark
- Move is
aimed at further strengthening monetary policy transmission
- So that
benefits of reduction in key lending rate can be passed on to MEs.
- Reserve
Bank of India (RBI) Founded: 1 April 1935.
9. Sweden MP delegation visits the Election Commission of India
- A
ten-member delegation of MPs.
- Members
of the Committee on the Constitution in Riksdag, the Parliament of Sweden.
- Visited
the Election Commission in New Delhi.
- The
delegation was led by Ms Karin Enstrom, MP and Chair of the Committee.
- Chief
Election Commissioner : Sunil Arora
10. Cabinet approves exemption of Indian Ports Global from DPE norms
- For
speedier development of Iran’s Chabahar Port project.
- Which
India sees as a gateway to landlocked Afghanistan.
- In
2016,India & Iran signed a pact for developing Chabahar port.
11. Maria Sharapova announces retirement from tennis
- Russian
Maria Sharapova is a Five-time Grand Slam winner.
- the
world’s most recognisable sportswomen,
- Announced
her retirement at the age of 32.
- She is
the third-youngest player to claim Wimbledon trophy.
12. Sahitya Akademi Award for translation goes to K.V. Jeyasri
- K.V.
Jeyasri, a Tamil teacher from Tiruvannamalai, has won the Sahitya Akademi Award
2019
- For her
translation of the Malayalam novel Nilam Poothu Malarnna Naal (The day the land
bloomed and blossomed) into Tamil as Nilam Poothu Malarntha Naal.
- The award
includes a cash prize of ₹50,000 and a copper plaque.
13. Kazuhisa Hashimoto, Creator Of Famous ‘Konami Code’ Gaming Cheat,
Dies
- He
created the code when he was in charge of taking the arcade version of the
spacecraft shooting game Gradius.
- The code
famously gave players 30 lives in the game Contra.
