Daily Current Affairs – February 16 & 17, 2024 » raceinstitute.in
Home    Daily Current Affairs    Banking Current Affairs    Daily Current Affairs – February 16 & 17, 2024

Daily Current Affairs – February 16 & 17, 2024

Share on facebook
Share on whatsapp
Share on twitter
Share on telegram
Share on linkedin
Share on email

Daily Current Affairs - Banking - February 16 & 17, 2024

Dear Banking Aspirants,

Prepare for the Daily Current Affairs with Veranda Race who is the pioneer in the Banking Exam Coaching. Current Affairs section is one of the important Scoring section in the Mains of many Banking Exams like SBI PO, SBI CLERK, IBPS PO, IBPS CLERK, IBPS RRB PO, IBPS RRB CLERK and multiple Insurance Exams. 

Veranda Race is committed to provide Daily Current Affairs for all the days for the students who are preparing for Banking & Insurance Exams. 

Check Daily for the Daily Current Affairs and also for the Quizzes to prepare for the upcoming Banking & Insurance Exams in 2023. 

Download – LEGEND Monthly Current Affairs Magazine

National News

Geological Survey of India (GSI) Hosts Workshop on ‘Offshore Exploration: Synergies and Opportunities (OESO)’ in Mangalore

  • The Marine and Coastal Survey Division (MCSD) of the Geological Survey of India (GSI) successfully concluded its workshop titled “Offshore Exploration: Synergies and Opportunities (OESO)” in Mangalore.
  • The workshop was a significant collaborative effort aimed at advancing offshore exploration in India.
  • Ministry of Mines Secretary L. Kantha Rao inaugurated the workshop.
  • The workshop agenda encompassed a wide array of topics, including an overview of GSI’s activities in the offshore, government initiatives in promoting exploration and exploitation, collaborative frameworks for data sharing, and sustainable practices for offshore mineral exploration.
  • The workshop sought to establish mechanisms for effective data sharing and collaboration among agencies involved in offshore exploration, fostering a conducive environment for joint research initiatives, information sharing, and technical expertise exchange to drive innovation and exploration in offshore mineral resources.
  • The workshop featured presentations from leading experts from MoES, NIO, NCPOR, ONGC, NIOT, IREL (India) Ltd. and DGH covering topics ranging from data acquisition to environmental considerations, providing participants with valuable insights into the challenges and opportunities within the offshore exploration sector.
  • With an extensive list of participants from ministries, defence, research institutions, academia, and industry, the workshop served as a platform for fruitful discussions.
  • Geological Survey of India (GSI) – 04/03/1851 (Founded) – Kolkata (HQ) – Janardan Prasad (Director General)

Sarbananda Sonowal launches ‘Sagar Aankalan’ guidelines for Indian Port Performance Index

  • The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal launched ‘Sagar Aankalan’ guidelines during the stakeholders meet for implementation of the MoUs signed earlier at the Global Maritime India Summit 2023 (GMIS 2023).
  • The “Sagar Aankalan” Guidelines for National Benchmarking of Indian Ports Performance would be applicable to all Indian seaports with an aim to achieve; Mapping and benchmarking of Indian Port’s – logistics performance and efficiency, Harmonisation of standards, definitions and performance with global benchmarks, Improving competitiveness, efficiency and overall performance of the port sector with focus on improvement, productivity, sustainability and customer satisfaction.
  • The GMIS Report as well as M.Tech in Drediging Technology course at IIT, Chennai were also launched.
  • Ministry of Ports, Shipping and Waterways – Sarbananda Sonowal, Union Minister (Rajya Sabha MP, Assam) – Shripad Yesso Naik, Minister of State (North Goa) & Shantanu Thakur, Minister of State (Bangaon,West Bengal)

‘National Workshop on Urban Livelihoods’ organised by MoHUA in collaboration with UNDP

  • A two-day national workshop convened in Ranchi, Jharkhand, under the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM), the Ministry of Housing and Urban Affairs (MoHUA), in collaboration with the United Nations Development Programme (UNDP).
  • With participation from about 150 delegates from across the country, the workshop served as a platform for high-level deliberations on emerging trends and opportunities in urban livelihoods, with a primary focus on bolstering resilience and empowerment for women across urban India.
  • Participants included State Mission Directors of the State Urban Livelihoods Mission, senior officials from MoHUA and Jharkhand state government, senior officials from UNDP India, leading sector experts, and representatives from research institutions, start-ups, philanthropies, and donor organizations.
  • The event featured multiple panel discussions focusing on enabling strategies to foster women-led urban livelihoods and emerging sectors and types of enterprises in climate, services, retail, and manufacturing.
  • It also explored other themes like the Multidimensional Poverty Index (NMPI) and the role of philanthropies in addressing issues of urban poverty through identifying priority areas and innovative financial investments.
  • The workshop served as a platform for states to share the best practices concerning women-led urban livelihoods and economic enhancement, facilitating peer learning and replication of successful models by other states.
  • Ministry of Housing and Urban Affairs – Hardeep Singh Puri,Cabinet Minister (Rajya Sabha MP,UP) – Kaushal Kishore, Minister of State (Mohanlalganj,UP)

State News

Odisha declares Gupteswar in Koraput district as its fourth biodiversity heritage site

  • The Odisha government has declared the Gupteswar forest in Koraput district as its fourth Biodiversity Heritage Site (BHS).
  • The forest is adjacent to the Gupteswar Shiva temple in the Dhondrakhol reserve forest under the Jeypore forest division.
  • Earlier, the State government had declared Mandasaru in Kandhamal district, Mahendragiri in Gajpati, and Gandhamardan in Bargarh and Bolangir districts as Biodiversity Heritage Sites.
  • The Gupteswar forest site spread over 350 hectares of area is having sacred grooves traditionally worshiped by the local community and bestowed with a wide range of flora and fauna.
  • As per the biodiversity inventory and survey conducted by the Odisha Biodiversity Board, the site has 608 faunal species including 28 species of mammals, 188 species of birds, 18 species of amphibia, 48 species of reptiles, 45 species of pisces, 141 species of butterflies, 43 species of moths, 30 species of spiders, 6 species of scorpion, and 20 species of lower invertebrates.

Union Culture Minister lays foundation stone for constructions of railway station at Komuravelli in Siddipet, Telangana

  • Union Minister for Tourism, Culture and Development of Northeast Region Kishan Reddy laid the foundation for stone for the construction of a railway station at Komuravelli in Siddipet district of Telangana for the benefit pilgrims visiting the Mallikarujuna Swamy Temple.
  • The proposed station is located 3 km from the temple and once the entire railway project is completed it will provide a rail link to important pilgrim centres such as Vemulawada, Bheemeshwaralayam, Kondagattu, Koti Lingeshwara Temple and others.
  • It will also become the shortest distance between Hyderabad and Karimnagar.
  • The Centre has provided close to ₹30,000 crore in the last 10 years for the development of railway infrastructure in Telangana, including the development of 40 major and minor railway stations in the region with free wi-fi facilities.

11th International Puppet Festival kicked off in Chandigarh

  • The 11th International Puppet Festival was kicked off at Tagore Theatre in Chandigarh.
  • The department of cultural affairs will hold the 11th edition of the International Puppet Festival in collaboration with Tagore Theatre Society.
  • The 5-day festival will feature artistes from Russia (February 17), France (February 18), Brazil (February 19), USA (February 20) and Sri Lanka (February 21), showcasing their vibrant cultures through puppetry.
  • Two different shows for children and public will also be showcased at 10:30 AM and 6:30 PM daily, respectively.
  • A puppet is an object, often resembling a human, animal or mythical figure, that is animated or manipulated by a person called a
  • Puppetry is a form of theatre or performance that involves the manipulation of puppets – inanimate objects, often resembling some type of human or animal figure, that are animated or manipulated by a human called a puppeteer, which dates back to the 5th century BC in Ancient Greece.

Prime Minister lays foundation stone for multiple development projects worth more than ₹9,750 crores in Rewari, Haryana

  • The Prime Minister, Narendra Modi inaugurated, dedicated to the nation and laid the foundation stone of multiple development projects worth more than ₹9750 crores in Rewari, Haryana.
  • The projects cater to several important sectors concerning urban transport, health, rail and tourism.

Schemes

Haryana CM Launches ‘Van Mitra’ Scheme To Encourage Participation In Tree Planting

  • Haryana Chief Minister Manohar Lal Khattar launched the ‘Van Mitra’ scheme and its portal to encourage community participation in tree planting activities in non-forest areas.
  • The members of families with an annual income of less than ₹1.80 lakh can register to become ‘Van Mitras’.
  • The objective of this scheme is to directly involve the local public in increasing forest areas across the state, ensuring an increase in the survival rate of afforestation, and promoting tree planting in non-forest areas.

Banking and Finance

IRDAI launches regulations for insurance electronic marketplace Bima Sugam

  • The Insurance Regulatory and Development Authority of India (Irdai) announced Bima Sugam—Insurance Electronic Marketplace formed under the Companies Act, 2013—will be a not-for-profit entity.
  • As per the Insurance Regulatory and Development Authority of India (Bima Sugam – Insurance Electronic Marketplace) Regulations, 2024, consumers shall not be charged for availing services of Bima Sugam.
  • The company will be operative and accessible at all times and will not store or hold any data, with the board of the company also having a policy on a revenue model which is self-sustainable.
  • The company will also have two nominees from the Irdai on its Board, apart from having the company’s own chairman and CEO, who will be appointed with the consultation of the Irdai.
  • The shareholding of the company will be widely held amongst Life insurers, General Insurers, and Health insurers, with no single entity having a controlling stake.
  • The shareholders, as and when required, will contribute to the capital requirement of the Company.
  • Bima Sugam will be a one-stop solution for all insurance stakeholders vis-à-vis customers, insurers, intermediaries or insurance intermediaries, and insurance agents to promote transparency, efficiency, collaboration across the entire insurance value chain, technological innovation in the insurance sector, universalize and democratize insurance, and to achieve the vision of “Insurance for all by 2047”.
  • Insurance Regulatory and Development Authority of India (IRDAI) – 1999 (Founded) – Hyderabad (HQ) – Debasish Panda (Chairman) – Ministry of Finance (Under)

Outward FDI rises 25.7% to $2.1 billion in January 2024

  • According to Reserve Bank of India data, India’s outward foreign direct investment (FDI) commitments rose by 7 per cent on a year-on-year (Y-o-Y) basis to $2.09 billion in January 2024, compared to over $1.66 billion in January 2023.
  • Sequentially, they declined from $2.5 billion in December 2023.
  • Outbound FDI, expressed as a financial commitment, comprises three components – equity, loans, and guarantees.
  • The equity commitments rose to $760.9 million in January 2024 from $597.4 million in January 2023.
  • It was lower than the $834.7 million recorded in December 2023.
  • Debt commitments increased to $306.2 million in January 2023 from $215.6 million a year ago.
  • However, it more than halved from $687.9 million in December 2023.
  • Guarantees for overseas units rose to $1.02 billion in January this year from $854.1 million in January 2023.
  • They were also up marginally compared to $988.4 million in December 2023.

Business and Economy

India is the third largest digitalised country in the world

  • According to the State of India’s Digital Economy Report, 2024, by Indian Council for Research on International Economic Relations (ICRIER), India is the third largest digitalised country in the world, only behind the United States of America (USA) and China.
  • The study is based on ‘CHIPS’ framework wherein it has scored countries on five pillars – connect, harness, innovate, protect and sustain.
  • the state of digitalisation in India is better than some developed countries including the United Kingdom, Germany and Japan, compared by their aggregate level of digital­isation.
  • However, at the level of individual users, India is ranked 12th in terms of digitalisation among the G20 countries.

SIDBI Unveils Impact Study of Fund of Funds for Startups: CRISIL Report Highlights Transformational Effects

  • The Small Industries Development Bank of India (SIDBI) unveiled the CRISIL impact assessment report titled “Prabhaav”.
  • The FFS, a pivotal component of the Startup India Action Plan initiated by Hon’ble Prime Minister Narendra Modi in 2016, has emerged as a flagship program of the Department for Promotion of Industry and Internal Trade (DPIIT), revolutionizing the country’s startup ecosystem.
  • Managed by SIDBI on behalf of DPIIT, the FFS contributes to the corpus of category I & II Alternative Investment Funds (AIFs), with a primary mandate to fuel investments in startups.
  • The CRISIL report, unveiled by Ramann, Chairman & Managing Director of SIDBI, alongside other key dignitaries, underscores the profound impact of FFS on various facets of the startup landscape.
  • Small Industries Development Bank of India (SIDBI) – 02/04/1990 (Founded) – Lucknow,UP (HQ) – Sivasubramanian Ramann (Chairman & MD)

APEDA catapults agricultural exports from modest USD 0.6 billion exports in FY1987-88 to USD 26.7 billion in FY 2022-23

  • From its modest beginnings with annual exports of $0.6 billion in exports during 1987-88, proactive interventions by the Agricultural and Processed Food Products Export Development Authority (APEDA) have taken agricultural exports to a remarkable figure of $26.7 billion in the fiscal year 2022-23.
  • This journey of exponential growth is underscored by expanding the export basket to over 200 countries, showcasing a commendable Compound Annual Growth Rate (CAGR) of 12%.
  • In the fiscal period 2022-23, India’s agricultural exports reached $53.1 billion, with APEDA contributing a significant 51% of India’s Agri-exports.
  • In the period April-December, 2023, among the 23 Principal Commodities (PCs) in APEDA’s export basket, 18 exhibited positive growth.
  • Notably, 13 out of 15 large PCs, with exports exceeding $100 million in the previous year, experienced positive growth, with an average growth rate of 12%.
  • Fresh fruits emerged as a standout performer, registering a remarkable growth of 29%.
  • Moreover, the export of processed vegetables surged by 24% in the period followed by Miscellaneous processed items, Basmati Rice, and Fresh Vegetables also saw substantial growth compared to the corresponding period last year.
  • Notably, India has significantly expanded its fresh fruits export footprint, now serving 111 countries compared to 102 destinations in the previous year.
  • Agricultural and Processed Food Products Export Development Authority (APEDA) – 1986 (Founded) – New Delhi (HQ) – Dr. M. Angamuthu (Chairman)

Agreements and MoUs signed

Reserve Bank of India signed MoU with Nepal Rastra Bank for UPI-NPI linkage

  • The Reserve Bank of India (RBI) had entered into an agreement with Nepal Rastra Bank for integrating the Unified Payments Interface (UPI) of India and the National Payments Interface (NPI) of Nepal for cross-border remittances.
  • The integration is aimed at facilitating cross-border remittances between the two countries by enabling users of the two systems to make instant, low-cost fund transfers.
  • As per the Terms of Reference exchanged between the two central banks, the necessary systems will be put in place for interlinking of UPI and NPI, whereas the formal launch of the linkage, i.e., the commencement of operations, will be done at a later date.
  • Post-implementation, users of these applications will be able to conduct instant transactions at a lesser cost between the countries.
  • The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage will deepen financial connectivity and reinforce the enduring historical, cultural, and economic ties between the two countries.
  • Recently, Sri Lanka, Mauritius, and France have enabled the Indian digital payment system — UPI in these countries.
  • Nepal – Kathmandu (Capital) – Nepalese rupee (Currency) – Ram Chandra Poudel (President) – Pushpa Kamal Dahal (Prime Minister) – Nepali (Language)

Tata Steel signs MoU with IIT Bhubaneswar to foster innovation

  • Tata Steel signed a Memorandum of Understanding (MOU) with IIT Bhubaneswar Research and Entrepreneurship Park (IIT Bhubaneswar REP) to foster innovation, research, and entrepreneurship in projects of mutual interest.
  • Under the MOU, Tata Steel and IIT Bhubaneswar REP, a company promoted by IIT Bhubaneswar, have joined hands to explore collaboration in different areas including materials processing and modelling, energy and environment, and low carbon steel production and circular economy.
  • The MoU was exchanged between V. Narendran, CEO & MD, Tata Steel, and Prof. Shreepad Karmalkar, Director, IIT Bhubaneswar & Chairman REP during the 100-Cube Start-up Conclave at IIT Bhubaneswar in the presence of Dharmendra Pradhan, Honourable Union Minister for Education and Skill Development and Entrepreneurship.

India signed MoU with Colombia on Cooperation in the field of Sharing Successful Digital Solutions

  • Ministry of Electronics and Information Technology, India signed a Memorandum of Understanding with Information Technologies and Communications of Colombia on Cooperation in the field of Sharing Successful Digital Solutions Implemented at Population Scale for Digital Transformation.
  • Both sides discussed the importance of Digital Public Infrastructures.
  • These infrastructures constitute a set of shared digital systems that are secure and interoperable.
  • They can be built on open standards to deliver and provide equitable access to public and private services.
  • India Stack Solutions are DPIs developed and implemented by India at population scale to provide access and delivery of public services.
  • India is keen on partnering with Colombia by building upon development partnership on digital transformation leading to a smooth adoption of Digital Public Infrastructure in Colombia.
  • Colombia – Bogotá (Capital) – Colombian peso (Currency) – Gustavo Petro (President) – Spanish (Language) – South America

Summit & Conference

16th conference of World Social Forum 2024 commences in Kathmandu

  • The 16th conference of the World Social Forum (WSF) 2024 commenced in Kathmandu, Nepal.
  • The five-day WSF 2024 under the “Another World is Possible” banner aims to open horizontal exchange among civil society organisations, social movements, trade unions and individuals opposing neoliberal globalisation.
  • The event opened with a Solidarity March starting from the main venue at Bhrikutimandap and passing through Bhadrakali, New Road Gate, Ratna Park and back to Bhrikutimandap.
  • The Forum serves as a vital platform for open and horizontal exchange among civil society organisations, social movements, trade unions and individuals opposing neoliberal globalisation.
  • This edition of the WSF will focus on a myriad of pressing issues including economic inequality, climate justice, labour, migration, caste discrimination, gender equality, peace, sustainable development and many others, to engage in dialogue and actions that challenge neoliberal globalization and promote a more equitable, sustainable, and just world.
  • Since its inception in 2001, the WSF has been a beacon for social movements, unions and activists to come together, share experiences, and build strategies for change.

Science and Technology

ISRO launches INSAT-3DS meteorological satellite

  • The Indian Space Research Organisation successfully launched INSAT-3DS meteorological satellite onboard a Geosynchronous Launch Vehicle F14 (GSLV-F14), from Satish Dhawan Space Centre in Sriharikota.
  • INSAT-3DS satellite aims to augment the study of the Earth’s surface and oceanic observations.
  • INSAT stands for Indian National Satellite System.
  • The satellite weighing 2,274 kg, once operational, would serve various departments under the Ministry of Earth Sciences, the Indian Meteorological Department (IMD), National Institute of Ocean Technology (NIOT), National Centre for Medium-Range Weather Forecasting, and Indian National Centre for Ocean Information Services.
  • This is the second mission for the Bengaluru headquartered space agency in 2024 after the successful launch of PSLV-C58/EXPOSAT mission on January 1.
  • The life of the INSAT-3DS mission is expected to be around 10 years.
  • Indian Space Research Organisation (ISRO) – 15/08/1969 (Founded) – Bangalore, India (HQ) – Sreedhara Somanath (Chairman) 

Power

Uttar Pradesh government plans to set up 8 renewable energy projects worth over ₹67,000 crores

  • Uttar Pradesh have proposed to set up eight projects worth more than ₹67,000 crores in a boost to the state’s power sector, leading renewable and hydroelectric energy firms in the state.
  • The projects, with a combined capacity of 13,250 megawatt (Mw), will be developed by private sector entities, including Torrent Power, Greenko Group, JSW Neo Energy, ACME Cleantech Solutions, Amunra Infratech and Agritech, and Avaada Water Battery.
  • These projects will come up at Sonbhadra (6 projects), Chandauli and Mirzapur (1 each) districts.
  • The biggest project, based on pumped storage power (PSP) model, will be developed by Torrent Power in Sonbhadra to generate 4,150 Mw of hydropower with an investment of ₹24,200 crores.
  • Similarly, Greenko Group will invest over ₹17,000 crores to generate 3,660 Mw of energy in Sonbhadra.
  • The project is expected to make a transformative impact in the Obra Block of economically backward Sonbhadra district.
  • The projects may be launched at the Groundbreaking Ceremony (GBC) 4.0 in Lucknow along with more than 14,000 projects worth ₹10 trillion.

Prime Minister lays Foundation Stone of NHPC’s 300 MW Karnisar-Bhatiyan, Bikaner Solar Power Plant with investment of over ₹1732 crores

  • Prime Minister Narendra Modi laid the foundation stone of the 300 MW Solar Power Plant located at Karnisar-Bhatiyan vilage, in Poogal Tehsil, Bikaner, Rajasthan through video conferencing mode.
  • The project is being set up by NHPC Limited under Government of India’s CPSU Scheme, Phase-II, Tranche-III with a total investment of over ₹1,732 crores.

Appointments

SBM Bank India names Ashish Vijayakar MD & CEO

  • SBM Bank India has appointed Ashish Vijayakar as managing director and chief executive officer for three years.
  • He would replace Sidharth Rath who resigned in
  • SBM Bank India is the first bank to receive a universal banking licence from the Reserve Bank of India to set up and operate as a scheduled commercial bank under the wholly-owned subsidiary (WOS) mode offering banking services in India.
  • SBM Bank India – 01/12/2018 (Founded) – Mumbai (HQ) – State Bank of Mauritius (Susidairy)

Obituary

Legendary chef Imtiaz Qureshi passed away

  • Legendary chef Imtiaz Qureshi, who was known for having revived the old-Lucknowi tradition of dum pukht style of cooking passed away at 93.
  • For his contributions to the culinary arts, he was awarded the prestigious Padma Shri in 2016, becoming the first in the chef community to receive it.

Sports News

Ravichandran Ashwin surpasses Anil Kumble to become fastest Indian to reach 500 Test wicket

  • Ravichandran Ashwin became the second fastest man (98 matches) to 500 wickets, only second to Muttiah Muralitharan (87 matches).
  • He is only the second Indian to do so after Anil Kumble, who finished with 619 wickets.
  • He also surpassed BS Chandrasekhar to become India’s leading wicket-taker against England in Test cricket.
  • He is the ninth bowler to achieve 500 dismissals.
  • He was seven Tests quicker than Anil Kumble.
  • With 800 wickets in 133 games, Sri Lanka’s Muralitharan is the all-time highest wicket-taker in Tests.

Important Days

World Anthropology Day 2024

  • World Anthropology Day is annually celebrated on third Thursday of February.
  • This year the day falls on February 15.
  • The day is designated to honour the untapped area and educate the general public about anthropology.
  • The scientific study of humanity is known as
  • It investigates the beginnings and progression of human societies and cultures.
  • Different scientific methodologies are used to examine traits in historical and contemporary communities.
  • The study also aids in our understanding of how the world functions, the reasons behind our behaviour, and how our environments are influenced by us.
  • World Anthropology Day was established in 2015 by the American Anthropological Association (AAA) to celebrate the variety and depth of anthropological research and practice.
  • The word ‘anthropology’ is taken from the Greek word ‘anthrology,’ meaning ‘human behavior.

Global Tourism Resilience Day 2024

  • Global Tourism Resilience Day is annually celebrated on February 17.
  • The day aims to emphasize the need to foster resilient tourism development to deal with shocks, taking into account the vulnerability of the tourism sector to emergencies.
  • The United Nations General Assembly has adopted a resolution from Jamaica to declare the first-ever Global Tourism Resilience Day on February 17 2023.

Defence

Defence Acquisition Council (DAC) clears capital acquisition proposals worth ₹84,560 crore to boost the capabilities of the Armed Forces & Indian Coast Guard

  • The Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Rajnath Singh, accorded approval for Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to ₹84,560 crores.
  • In the true spirit of ‘Aatmanirbharta’, the approvals accorded lay special emphasis on procurement of various equipment from Indian vendors.
  • The DAC has accorded AoN under Buy {Indian-Indigenously Designed Developed and Manufactured (IDDM)} category for procurement of a new generation of Anti-tank mines having seismic sensor and provision of remote deactivation with additional safety features.
  • In order to enhance the operational efficiency and domination in the Tactical Battle Area for engaging targets that are Beyond Visual Line of Sight by the Mechanised Forces, the AoN under Buy (Indian-IDDM) category has been accorded for procurement of Canister Launched Anti-Armour Loiter Munition System.
  • Further, to strengthen the Air Defence Systems, especially the capabilities to detect slow, small and low-flying targets as well as surveillance, detection & tracking of different targets, the AoN has been accorded for procurement of Air Defence Tactical Control Radar under Buy (Indian-IDDM) category.
  • The AoN for procurement of Medium Range Maritime Reconnaissance and Multi-Mission Maritime Aircraft, through Buy and Make category, has been granted by the DAC for strengthening the surveillance and interdiction capabilities of the Indian Navy and the Indian Coast Guard (ICG) over the country’s vast maritime area.

Daily Current Affairs - February 16 & 17, 2024 - Consolidated

  • Geological Survey of India (GSI) Hosts Workshop on ‘Offshore Exploration: Synergies and Opportunities (OESO)’ in Mangalore
  • Sarbananda Sonowal launches ‘Sagar Aankalan’ guidelines for Indian Port Performance Index
  • ‘National Workshop on Urban Livelihoods’ organised by MoHUA in collaboration with UNDP
  • Odisha declares Gupteswar in Koraput district as its fourth biodiversity heritage site
  • Union Culture Minister lays foundation stone for constructions of railway station at Komuravelli in Siddipet, Telangana
  • 11th International Puppet Festival kicked off in Chandigarh
  • Prime Minister lays foundation stone for multiple development projects worth more than ₹9,750 crores in Rewari, Haryana
  • Haryana CM Launches ‘Van Mitra’ Scheme To Encourage Participation In Tree Planting
  • IRDAI launches regulations for insurance electronic marketplace Bima Sugam
  • Outward FDI rises 25.7% to $2.1 billion in January 2024
  • India is the third largest digitalised country in the world
  • SIDBI Unveils Impact Study of Fund of Funds for Startups: CRISIL Report Highlights Transformational Effects
  • APEDA catapults agricultural exports from modest USD 0.6 billion exports in FY1987-88 to USD 26.7 billion in FY 2022-23
  • Reserve Bank of India signed MoU with Nepal Rastra Bank for UPI-NPI linkage
  • Tata Steel signs MoU with IIT Bhubaneswar to foster innovation
  • India signed MoU with Colombia on Cooperation in the field of Sharing Successful Digital Solutions
  • 16th conference of World Social Forum 2024 commences in Kathmandu
  • ISRO launches INSAT-3DS meteorological satellite
  • Uttar Pradesh government plans to set up 8 renewable energy projects worth over ₹67,000 crores
  • Prime Minister lays Foundation Stone of NHPC’s 300 MW Karnisar-Bhatiyan, Bikaner Solar Power Plant with investment of over ₹1732 crores
  • SBM Bank India names Ashish Vijayakar MD & CEO
  • Legendary chef Imtiaz Qureshi passed away
  • Ravichandran Ashwin surpasses Anil Kumble to become fastest Indian to reach 500 Test wicket
  • World Anthropology Day 2024
  • Global Tourism Resilience Day 2024
  • Defence Acquisition Council (DAC) clears capital acquisition proposals worth ₹84,560 crore to boost the capabilities of the Armed Forces & Indian Coast Guard

Do you wish to crack Banking Exams in 2024? - Register Now

How would you like to rate this content?

Was the content helpful?

Want to crack TNPSC Group 2 Exam this year?

JOIN TNPSC COACHING in RACE INSTITUTE TODAY
Facebook
Twitter
Instagram
Telegram
Youtube
Linkedin

Download RACE App Now

Android
Apple

RACE Videos App for Online Classes

Android

Terms and Conditions

Privacy Policy

Careers

Franchise

Support

Join Our Newsletter

© 2020 – RACE Coaching Institute Pvt Ltd. All Rights Reserved.

Take your first step to your DREAM GOVERNMENT JOB

Enquire for Next Batch.