Current Affairs Daily Digest – March 01 2022

Current Affairs Daily Digest – March 01 2022

Current Affairs Daily Digest – March 01 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. Bank of Maharashtra launches “Project Banksakhi” in Odisha

Public sector lender, Bank of Maharashtra (BoM) has announced the launch of “Project Banksakhi” in Odisha in collaboration with Mahagram & Sunivesh India Finance Services Pvt. Ltd. for Online Bank Account opening.

It will provide doorstep and hassle-free access to the people of Odisha for opening bank accounts. The people of Odisha using our innovative customer-friendly financial services and best in class customer experience across digital and physical touchpoints.

2. Google starts ‘Play Pass’ subscription in India

Google has announced the launch of ‘Play Pass’ subscription service in India that will provide Android device users access to over 1,000 applications and games without ads, in-app purchases, and upfront payments.

Play Pass, which is currently available in 90 countries, will offer a high-quality and curated collection of 1000+ titles across 41 categories from developers across 59 countries including many from India, Google said in a statement.

3. Quantum Key Distribution tech tested by DRDO successfully between Vindhyachal & Prayagraj

A team of scientists, for the first time in the country, from the Defence Research and Development Organisation (DRDO) and the Indian Institute of Technology (IIT) Delhi successfully demonstrated a Quantum Key Distribution link between Prayagraj and Vindhyachal in Uttar Pradesh, spanning over 100 kilometres.

4. Prof Bhushan Patwardhan named as chairman of NAAC

The University Grants Commission (UGC) has appointed educationist and research scientist Professor Bhushan Patwardhan as chairman, of the executive committee of the National Assessment and Accreditation Council (NAAC), Bengaluru. The position was vacant after Prof Jagadish Kumar was appointed as chairman of UGC.

5. Japan and India renews the Bilateral Swap Arrangement (BSA)

Japan and India have renewed the Bilateral Swap Arrangement (BSA) the size of which is up to USD 75 billion. The BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for the US Dollar.

The interest rate charged in this case is fixed at the time of signing the agreement and hence it reduces the risk caused due to fluctuations in the exchange rate. The actual Bilateral Swap Arrangement (BSA) was signed between the Bank of Japan and the Reserve Bank of India in 2018.

6. Russia destroyed the largest plane in the world ‘Mriya’

Russian invasion to Ukraine, Russia destroyed the largest plane in the world called “Ukraine’s Antonov-225 cargo plane”. The plane was destroyed outside Kyiv. According to weapons manufacturer Ukroboronprom, restoring “AN-225 Mriya” would cost over USD 3 billion and could take over five years.

The aircraft was unique to the world. The An-225 aircraft was located at Hostomel Airport when Russia launched an attack on the Ukrainian airport on February 24, 2022. It was destroyed on February 27.

7. International Women’s Day Week begins

The Women and Child Development Ministry celebrates the International Women’s Day week from the 1st of March as an Iconic Week as a part of Azadi Ka Amrit Mahotsav. As a part of the week-long celebration, the Ministry will organize various events and social media campaigns covering a variety of themes related to women’s safety and empowerment.

8. Pooja Jatyan became 1st Indian to win a silver in Para Archery World Championships

Para-archer, Pooja Jatyan has scripted history as she became the first Indian to win a silver in an individual section of the Para World Championships in Dubai, UAE. She lost to Italy’s Patrilli Vincenza in the final to be content with the silver medal. India ended its campaign with two silver medals, a first for the country.

9. Zero Discrimination Day observed on 01st March

The Zero Discrimination Day is held every year on the 1st of March. The day aims to ensure right to equality, inclusion and protection of all people without any discrimination in their law and policies to live a full life with dignity regardless of any barriers.

The theme of Zero Discrimination Day 2022: “Remove laws that harm, create laws that empower”, UNAIDS is highlighting the urgent need to take action against discriminatory laws.

10. Madhabi Puri Buch becomes first woman chairperson of SEBI

The Government of India on February 28, 2022, appointed Madhabi Puri Buch as a new Chairperson of the market regulator SEBI (Securities and Exchange Board of India).

Madhabi Puri is the former head of ICICI Securities and has become the first woman Chairperson of SEBI. She will replace Ajay Tyagi, a 1984 batch IAS officer of the Himachal Pradesh cadre.