Current Affairs Daily Digest – February 24 2022

Current Affairs Daily Digest – February 24 2022

Current Affairs Daily Digest – February 24 2022. Read and Download daily, monthly Current Affairs Daily Digest 2021 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2021 PDF and Current affairs quiz PDF .

Latest Current Affairs

1. India to set up its first IIT outside the country in UAE

The Indian Institute of Technology will establish its first branch outside India in the United Arab Emirates (UAE) as part of the India-UAE trade deal signed.

The Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and India will usher in a new phase of joint strategic cooperation in all sectors. The two nations will also set up an India-UAE cultural council to facilitate and promote cultural projects, cross-cultural exchanges and exhibitions.

2. Paytm Payments Bank is now official acquiring partner for e-RUPI vouchers

Paytm Payments Bank Limited has announced that it is an official acquiring partner for ‘e-RUPI vouchers’. e-RUPI, which is a government initiative, is a cashless prepaid voucher that beneficiaries can present via SMS or QR Code.

Paytm’s merchant partners can then scan, enter the amount to be paid and receive the payment directly in their bank account. This will benefit beneficiaries (users), even those who do not have access to formal banking services or smartphones to avail the convenience of digital payments.

3. Reliance Jio’s New Subsea Cable ‘India-Asia-Xpress’ To Connect Maldives

India’s largest 4G mobile broadband and digital service provider, Reliance Jio Infocomm Ltd. will land the next generation multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives.

The high capacity and high-speed IAX system will connect Hulhumale directly with World’s major internet hubs in India and Singapore.

4. Mastercard tieup with SBI Payments to boost digital payments infrastructure

Mastercard, as an extension of its flagship campaign ‘Team Cashless India’ along with State Bank of India Payments partnered with the in Lucknow, Guwahati and Varanasi to boost the digital payments infrastructure.

During these engagements, Mastercard Team Cashless India volunteers and SBI Payments spoke to micro-merchants about the convenience, safety, and other benefits of accepting digital payments.

5. Central Excise Day 2022: 24 February 2022

Central Excise Day of India is celebrated every year on February 24. The day is being celebrated to honour the service of the Central Board of Excise and Custom (CBEC) to the country.

The day is celebrated to honour the officers associated with CBEC and their services. The day is celebrated to commemorate the legislation of the Central Excise and Salt act on 24 February 1944.

6. Director of Central Board of RBI: Sanjay Malhotra

Sanjay Malhotra, Secretary, Ministry of Finance’s Department of Financial Services (DFS), has been appointed to the Reserve Bank of India’s Central Board of Directors (RBI).

Malhotra’s nomination, valid from 16 February 2022, and until further instructions, is an IAS officer from the Rajasthan cadre from the 1990 batch.