31 January 2020 - Daily Current Affairs

31 January 2020 - Daily Current Affairs

31 January 2020 - Daily Current Affairs

1. Indian-origin Arvind Krishna elected new CEO of IBM

  • Indian-origin technology executive Arvind Krishna has been elected Chief Executive Officer (CEO) of American IT giant International Business Machines (IBM).
  • Krishna is currently IBM Senior Vice President for Cloud and Cognitive Software and will succeed Virginia Rometty.
  • Thus, Krishna joins the club that includes Microsoft CEO Satya Nadella, Alphabet CEO Sundar Pichai, MasterCard CEO Ajay Banga and Adobe CEO Shantanu Narayen.
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 National & International Appointments

2. RBI appoints Janak Raj as member of MPC

  • The RBI appointed its executive director Janak Raj as member of the Monetary Policy Committee (MPC).
  • Raj replaces M.D. Patra, who was recently elevated as deputy governor of the RBI.
  • The government had in 2016 constituted MPC to set the benchmark interest rate.
  • The MPC is headed by the RBI governor. Of the six members, three are nominated by the government, while the remaining three are from the RBI (including the governor).
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 Honours & Awards

3. Rani Rampal won World Games Athlete of the Year award 2019

  • India women's hockey captain Rani Rampal on the 2019 World Games Athlete of the Year award. 
  • The 25-year-old Rani has been part of the Indian women's hockey team since she was 15 years old and has made 240 appearances for the national team. 
  • Rani played an integral role in the team's successful qualification for the 2020 Tokyo Olympics.
  • She was the player of the tournament in the FIH Women’s Series Finals in Hiroshima, Japan.
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 International Affairs

4. Google grants $1 mn to promote news literacy in India

  • In an effort to counter fake news and misinformation in India, Google News Initiative (GNI) has announced a $1 million grant for Internews, a news literacy organisation.
  • The grants will work towards building a strong network of senior reporters and journalists in India.
  • Google has also launched a new application called “Tangi” focuses on Do It Yourself videos.
  • The name of the application has been inspired by TeAch aNd GIve.
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5. India-Bangladesh joint exercise 'SAMPRITI-IX' from Feb 3

  • The ninth edition of joint military training exercise between India-Bangladesh- SAMPRITI-IX will be conducted at Umroi, Meghalaya from February 3 to February 16.
  • Exercise SAMPRITI is an important bilateral defence cooperation endeavour between India and Bangladesh hosted alternately by both countries.
  • During the joint military exercise, a Command Post Exercise and a Field Training Exercise will be conducted.

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 International Affairs

6. Eimear Noone Oscars’ first female conductor

  • Irish composer Eímear Noone will be the first woman to conduct an orchestra at the Oscars.
  • She will lead the 42-piece orchestra at the Academy Awards as it plays excerpts from five nominated scores on Sunday 9 February.
  • Teen sensation Billie Eilish has been announced as a performer for the 2020 Academy Awards ceremony.
  • The announcement was made by the Academy of Motion Picture Arts and Sciences.
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 National Affairs

7. IAHE committee headed by YS Malik submits its reports

Engineers (IAHE) has submitted its final report to the Union Minister for Road Transport & Highways, Shri Nitin Gadkari.
The Committee is headed by Yudhvir Singh Malik.
The committee in its report says that there is a strong need for enhancement of knowledge, skill and expertise of the engineers to maintain the massive road network of India inefficientenvironment-friendly and safe manner at economical costs.
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 Honours & Awards

8. Dr. Partap chauhan honoured with Ayurveda ratan award 2020

  • Partap Chauhan has been Conferred with Prestigious Ayurveda Ratan Award 2020 in Brussels, Belgium
  • The award was announced during Ayurveda Day Celebration at the European Parliament.
  • The All-Party Parliament Group on Traditional Medicines organized a meeting at in Brussels, Belgium with the aim of formulating a roadmap to legalize Ayurveda in Europe.
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 National & International Appointments

9. Gita Sabharwal appointed UN Resident Coordinator in Thailand

  • Gita Sabharwal of India has been appointed as the Resident Coordinator in Thailand by the United Nations.
  • She was appointed by UN Secretary-General António Guterres with the host Government’s approval.
  • The UN Resident Coordinator is the highest-ranking representative of the UN development system at the country level.
  • The Resident Coordinators are designated representatives of the UN Secretary-General and they report directly to him.
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 National Affairs

10. Assam tops in budgetary practices: Transparency International

  • According to the survey conducted by Transparency International, Assam tops in terms of budget formulation followed by Odisha and Andhra Pradesh.
  • The states that were ranked lower in terms of the budget formulation are Goa, Maharashtra and Punjab.
  • The survey was conducted by the organization based on four parameters such as budgetary process, public disclosure, post-budget fiscal management and efforts to make budget citizen-friendly.
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 Banking & Finance

11. Two loan products launched by Indian Bank

  • On 30th January the Indian Bank announced the launch of two products.
  • First one is ‘Surya Shakthi’ for rooftop solar set up for captive consumption and the second one is a Corporate Loan, a finance product in aid of units under stress for working capital.
  • Extension of corporate loan would be after evaluation and on a case by case basis, at a concessional rate, for a longer-term to help the units tide over their liquidity.
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12. Bala Devi first woman footballer to bag a professional contract

  • Bala Devi from Manipur becomes the first Indian women footballer to bag a professional contract from a foreign club.
  • Bala a former India captain who earlier played in the Maldives for New Radiant sports club is among a group of 14 new players signed by the Scottish giants Rangers FC for 18 months.
  • She is the highest international goal-scorer in South Asia.
  • In 2015 and 2016 she was awarded AIFF Woman Player of the Year title
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