27 March 2019 - Daily Current Affairs

27 March 2019 - Daily Current Affairs

27 March 2019 - Daily Current Affairs

1. World’s largest e-waste recycling facility opens in Dubai

  • The world’s largest e-waste recycling plant has been opened in Dubai Industrial Park, Dubai by ‘Enviroserve’ company with a total cost of USD 5 million.
  • It will recycle Waste Electrical and Electronic Equipment (WEEE), IT asset disposition (ITAD), refrigerant gas and specialized waste.
  • The processing capacity of this recycling hub is 100,000 tonnes of total integrated waste (per year), of which 39,000 tonnes is e-waste.
  • The facility can process the entire range of WEEE from consumer and industrial to commercial and military.
  • The project is supported by the Swiss Government Export Finance Agency.
Source: Gulf News UAE

Important Days

2. 27th March: World Theatre Day

  • The World Theatre Day (WTD) is observed globally every year on 27th March to generate awareness about the importance of theatre arts.
  • World Theatre Day was created in 1961 by an international non-governmental organization International Theatre Institute (ITI), France.
  • ITI was founded in 1948 by UNESCO and the international theatre community.
Note:
  • Each year, a World Theatre Day International Message is circulated, through which, at the invitation of International Theatre Institute (ITI), a figure of world stature shares his/her reflections on the theme of Theatre and a Culture of Peace.

Banking and Finance

3. RBI slaps Rs 2 cr penalty on PNB for violating SWIFT norms

  • The Reserve Bank of India (RBI) has slapped a penalty of Rs. 2 crores on Punjab National Bank (PNB) for non-compliance of regulatory directions about ‘SWIFT’ operations.
  • ‘SWIFT’ is a global messaging software used for sharing information on inter-bank transactions by financial entities.
  • The massive Rs 14,000-crore fraud perpetrated by billionaire jeweller Nirav Modi and his uncle Mehul Choksi at the PNB was a case of misuse of this messaging software.
  • Earlier this year, the Reserve Bank had imposed penalties worth Rs 71 crore on 36 public, private and foreign banks for non-compliance with various directions on time-bound implementation and strengthening of SWIFT operations.
Source: The Economic Times

Honour & Awards

4. Neha Upadhyaya selected by Yale University among 2019 World Fellows

  • A social entrepreneur from India is among 16 persons selected by Yale University as the 2019 World Fellows.
  • Neha Upadhyaya founded GUNA Organics in 2014 that provides ethically-sourced organic food products grown by rural female Indian farmers.
  • Upadhyaya's work has also focussed on working with children suffering from various health issues including diabetes, autism, and attention deficit hyperactivity disorder (ADHD).
  • She has been the recipient of Future Leaders Connect (2018) and Social Impact India (2017) awarded by the British Council.
  • She has won several prototype grants and awards, including Entrepreneur Excellence award by I.I.T. Delhi (2017).
Note:
  • The 2019 class of Yale World Fellows brings the total number of World Fellows since the program's start in 2002 to 346 Fellows, representing 91 countries.
  • The World Fellows program is Yale University's signature global leadership development initiative and a core element of Yale's ongoing commitment to internationalization.
Source: Business Standard

National Affairs

5. Artificial Intelligence, Yoga to be part of the CBSE curriculum for 2019-20 session

  • The CBSE is set to introduce Artificial Intelligence (AI), Early Childhood Care Education (ECCE), and Yoga as skill subjects in the school curriculum for the upcoming academic session.
  • A decision to introduce the three subjects was taken at a recent meeting of the board's governing body.
  • The CBSE is introducing artificial intelligence as an optional 6th subject at Class IX from the session 2019-2020 onwards.
  • The board has also decided to introduce yoga and early childhood education as elective subjects at the senior secondary level.
   Source: The Indian Express

6. Delhi's Indira Gandhi International Airport 12th busiest in the world

  • According to Airports Council International (ACI) report, India’s Indira Gandhi International Airport (IGIA) has become the world's 12th busiest airport, moving up four places (in 2017- 16th spot).
  • The preliminary world airport traffic rankings for 2018 has been released by the Airports Council International (ACI).
  • The IGI airport saw 6.9 crore domestic and international flyers in 2018, which is 10.2% points higher than the combined passengers of 2017.
  • ACI's World Airport Traffic Forecasts also predicts that India will represent the third largest aviation market, in terms of passenger throughput, after the US and China by 2020.
  • Hartsfield-Jackson Atlanta International Airport in the US was named the busiest airport in the world.
Note:
  • Indira Gandhi International Airport serves as the primary civilian aviation hub for the National Capital Region of Delhi, India.

7. IAF pilot Abhinandan Varthaman returns to his squadron in Srinagar

  • Wing Commander Abhinandan Varthaman has gone back to his squadron in Srinagar though he is on a four-week sick leave.
  • Abhinandan Varthaman was captured by Pakistan last month and returned to India two days later.
  • The IAF pilot went on leave around 12 days ago after security agencies completed a nearly two-week debriefing after his return from Pakistan.
  • After his four-week sick leave period, a medical board will review his fitness to help the IAF top brass decide whether he can return to fighter cockpit as desired by him.
Source: The Indian Express

Obituaries

8. Malayalam writer Ashita passes away

  • Renowned Malayalam writer and poet Ashita (63-year) passed away at a private hospital in Thrissur, Kerala.
  • She did her graduation and post-graduation in English Literature from Maharaja’s College, Ernakulam.
  • Ashita has been the recipient of several awards including the prestigious Edaserri Award (1986) and the Lalithambika Antharjanam Award (1994).
Source: The Indian Express

Defence

9. INS Kadmatt to participate in maritime and aerospace exhibition in Malaysia

  • Indian Navy's frontline corvette INS Kadmatt reached Malaysian archipelago Langkawi.
  • It will participate in the 15th edition of Langkawi International Maritime and Aerospace Exhibition, LIMA-19.
  • INS Kadmatt is an indigenous stealth anti-submarine warfare corvette and was commissioned into the Indian Navy in January 2016.
  • The ship is fitted with state-of-the-art weapons, sensors and machinery.
Source: Business Today

Sports

10. International Boxing Federation President Gafur Rahimov resigns

  • The Amateur International Boxing Federation (AIBA) President Gafur Rahimov has announced his resignation claiming that political based discussions were harming the organization’s progress.
  • Rahimov will be replaced by an interim president.
  • Rahimov, an Uzbek businessman who has been accused by the US authorities of having ties to organized crime, was elected the president of AIBA in November 2018.
Note:
  • The International Boxing Association (AIBA) is a sports organization that sanctions amateur (Olympic-style) boxing matches and awards world and subordinate championships.
  • The organization has been involved in multiple corruption scandals including on several editions of the Summer Olympic Games.
Source: Business Standard

11. First Indian Army Mountaineering Expedition to Mt Makalu flags off

  • First Indian Army Mountaineering Expedition to Mt Makalu (8485m) comprising five Officers, two JCOs and eleven OR was flagged off by Director General Military Training.
  • In furtherance of the objective of summiting all challenging peaks above 8000M, Indian Army is launching its maiden expedition to Mt Makalu in Mar-May 2019.
  • Mt Makalu is considered amongst the most dangerous peaks and summiting the peak is considered extremely challenging due to inclement weather conditions and freezing temperatures.
  • The team will embark for the challenging mission from New Delhi and will set up six camps en-route to summit point on Mt Makalu.
Source: Business Standard
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