National

National

President gave assent to Ordinance for voluntary use of Aadhaar as ID proof for bank account and SIM

President Ram Nath Kovind has given his approval for an Ordinance which allows voluntary use of Aadhaar as ID proof for opening bank accounts and obtaining mobile SIM.The ordinance gives effect to the changes in the Aadhaar Act such as giving a child an option to exit from the biometric ID programme on attaining 18 years of age.

Rajya Sabha could not approve the Bill even though Lok Sabha has given its assent. In such a situation an ordinance is necessary as per the law.
About Unique Identification Authority of India
♦ Chairman – J Satyanarayana
♦ CEO – Ajay Bhushan Pandey

“Notun Disha”initiated by Tripura govt to assess academic level of school students

The government of Tripura announced ‘Notun Disha’ (New Direction) for assessing the academic level of students in classes III-VIII and then improving their current level. It was launched by state Education Minister Ratan Lal Nath.
This initiative aims to make students proficient in all the subjects and for this purpose an educational assessment was conducted from 25-28th February 2019 to ascertain the current level of students.

About Tripura
♦ Capital- Agartala
♦ Chief Minister- Biplab Kumar Deb
♦ Governor- Kaptan Singh Solanki

Tribal musician of Tripura, Thanga Darlong, conferred with first AB Vajpayee Life Time Achievement Award

Thanga Darlong, a musician from Tripura was awarded with the first Atal Behari Vajpayee Life Time Award at the 37th Agartala Book Fair in Agartala, Tripura. He was honoured by the Deputy Chief Minister of Tripura,Jishnu Devvarma.

He is the last tribal musician who plays Rosem which is a flute-like musical instrument made of bamboo.

 

International

INTERNATIONAL

North Korea – United States Hanoi Summit held in Hanoi, Vietnam

North Korea – United States Hanoi Summit has abruptly concluded in Hanoi, Vietnam with no joint agreement after Kim insisted all US sanctions to be lifted on his country.

About United States
♦ Capital- Washington DC
♦ Currency – Dollar
♦ President – Donald Trump
About North Korea
♦ Capital – Pyongyang
♦ Currency – Won
♦ Leader – Kim Jong-un

Sampriti-2019’ commenced at Tangail in Bangladesh

The eighth edition of joint military exercise ‘Sampriti-2019’ between the armies of India and Bangladesh was commenced on 3rd March, 2019, which aimed to increase mutual cooperation and camaraderie with an impressive ceremony in Tangail, Bangladesh. 

About Bangladesh
♦ Capital- Dhaka
♦ Currency- Taka
♦ Prime Minister- Sheikh Hasina.

Banking&Finance

BANKING & FINANCE

RBI slaps penalty of Rs. 11 crores on five banks for non-strengthening of ‘SWIFT’ related controls

A penalty of the following amount has been imposed by the Reserve Bank of India on 4 PSU banks and 1 private sector bank:

  • Union Bank– Rs. crores
  • Dena Bank– Rs. crores
  • IDBI Bank– Rs. 1crore
  • Karnataka Bank– Rs. crores

The penalty has been imposed for the delay caused in following the guidelines mentioned in ‘Time bound implementation and strengthening of SWIFT related controls’ issued by the Reserve Bank of India on 20th February 2018.

  • State Bank of India- Rs. crore for delaying the implementation of the daily reconciliation of Swift transaction logs with effect from February 20, 2018 at 226 “low intensity branches” of the bank.

Lowering of fees for Brokers, exchanges approved by SEBI board

SEBI board with a view to making more cost-effective trade in Indian stock market approved lowering of fees charged from brokers, stock exchange and the companies seeking to get listed.

♦ Headquarter: Mumbai
♦ Chairperson: Ajay Tyagi

Sports

SPORTS

Sheikh Ahmad Al-Fahad Al-Sabah designated as president of Olympic Council of Asia

Sheikh Ahmad Al-Fahad Al-Sabah of Kuwait, who is considered a major power broker in sport world, is re-elected as president of the powerful Olympic Council of Asia.

 

Anil Kumble designated as ICC Cricket Committee Chairman

Anil Kumble, a former India captain and great leg spinner was re-appointed ICC (International Cricket Council) Cricket Committee Chairman for a final 3 year term in a board meeting of cricket council in Dubai.

India’s doubles badminton coach Tan Kim Her resigns

India’s doubles badminton coach– Tan Kim Her, a native of Malaysia has resigned from his post citing personal reasons. His term with Badminton Association of India (BAI) had to come to an end after the 2020 Tokyo Olympics.

He had coached men’s doubles pair of Chirag and Satwiksairaj Rankireddy who went on to win the silver medal and the mixed team gold medal at the Commonwealth Games. They’ll now be coached by two new coaches, Flandy Limpele and Namrih Suroto from Indonesia.

He also coached the women’s doubles squad of Ashwini Ponnappa and N Sikki Reddy who went on to win a bronze at the Commonwealth Games. 

Bulgaria wrestling – Dan Kolov – Nikola Petrov tournament concluded in Bulgaria

57th International Wrestling Tournament ‘Dan Kolov – Nikola Petrov’ conducted from 28 feb-3 Mar 2019 in Ruse, Bulgaria. The International tournament in the memory of Dan Kolov and Nikola Petrov was organized by the Bulgarian Wrestling Federation.

About Bulgaria
Capital    : Sofia
Currency : Lev
President : Rumen Radev

Chris Gayle surpassed Sammy’s record

Chris Gayle, West Indies opener has signed off his last One Day International in the West Indies with a record half century against England at the Darren Sammy National Cricket Stadium in Saint Lucia on 2nd March, 2019.

 

Miscellaneous

AWARDS

Prayagraj Kumbha Mela 2019 makes it to the Guinness World Records

Prayagraj Kumbh Mela 2019 organised from 15th January 2019- 4th March 2019 in Prayagraj (formerly Allahabad), Uttar Pradesh has made it to the Guinness World Records in three sectors.
These sectors are:

  • The largest traffic and crowd management plan.
  • The biggest painting exercise of public sites under “Paint My City” scheme.
  • The biggest sanitation and waste disposal mechanism.

These exercises were performed from February 28 to March 3.

About Uttar Pradesh
♦ Capital- Lucknow
♦ Chief Minister- Yogi Adityanath
♦ Governor- Ram Naik

Indian Bank receives Best Bank Award from the state government of Tamil Nadu

Indian Bank, a Public Sector Bank (PSB), headquartered at Chennai, Tamil Nadu has been awarded the Best Bank Award by the Tamil Nadu government for successfully meeting the needs of women’s self-help groups (SHGs).
The award was given to MK Bhattacharya, the executive director of Indian Bank by the Chief Minister of Tamil Nadu K Palaniswami at Salem, Tamil Nadu.
About Tamil Nadu
♦ Capital- Chennai
♦ Chief Minister- Edappadi K. Palaniswami
♦ Governor- Banwarilal Purohit

Indian-American teenager has been conferred with the 2019 National STEM Education Award Kavya Kopparapu,

An Indian-American teenager residing in Herndon, Virginia has been awarded the National STEM (Science, Technology, Engineering and Math) Education Award 2019. She has been awarded for her significant invention in enhancing treatments of glioblastoma– which is the deadliest form of brain cancer

 

SCIENCE & TECHNOLOGY

T.N. declared to be the first state to introduce TAVI in government hospital

Vijaya Bhaskar, State Health Minister of Tamil Nadu stated that Tamil Nadu has become the first state in the country to introduce Transcatheter Aortic Valve Implantation (TAVI) in the government hospitals.

TAVI was launched in November 2018 at the Tamil Nadu Government Multi Super Speciality Hospital (TNGMSSH), Omandurar Estate and two people underwent the surgery free of cost.

An MoU (Memorandum of Understanding) was signed between the state government and Heart Team India for these surgeries.

TAVI is performed on old-age heart patients who cannot undergo an open-heart surgery and involves replacement of valve through a keyhole procedure.

 

  IMPORTANT DAYS

National Safety Day: 4th March

In India, National Safety Day(NSC) is observed on 4th March every year by National Safety Council of India. This day is celebrated to make every people safe from issues like Financial Loss, Health problems and environmental problems.NSC was set up on 4th March 1966 by Ministry of Labour, GOI.

The day was initiated in 1972 as a commemoration to the Foundation Day of the National Safety Council (NSC).

Started for a single day on 4th March as NSD, the Campaign converted into week long event as National Saefty Week (NSW) from 4-11 March.

National Security Day: 4th March

Every year, National Security Day also known as Rashtriya Suraksha Diwas was celebrated on 4th March to praise the work of security forces such as army officers, para-military, policemen and commandos.

First National Security Day was celebrated in 1972 and 48th National Security Day was celebrated this year.

World Day of the Fight Against Sexual Exploitation observed on March 4,2019

The World Day of Fight Against Sexual Exploitation is observed on March 4 every year. It aims   to spread awareness about the prevalent sexual exploitation, largely among women and children.

Sexual assault statistics:

Around 35 per cent of women worldwide sexual violence by a non-partner atleast once in their lives.

Adult women comprise 51 per cent of all human trafficking victims globally. Women and girls together comprise 71 per cent, with girls representing nearly three out of every four child trafficking victims. Nearly three out of every four trafficked women and girls are trafficked for the purpose of sexual exploitation.

 

Thought of the Day

”Good, better, best. Never let it rest. ‘Til your good is better and your better is best”. 

 

Quiz based on Daily Current Affairs 4 MARCH 2019

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