Current Affairs

20 February, 2020

International

THE’s emerging economies university rankings 2020: India has 11 institutes among world’s top 100 universities, IISC at No. 16th

According to the Times Higher Education’s (THE) Emerging Economies University Rankings 2020, which ranks a total of 533 universities from 47 countries, India has 11 institutes among world’s top 100 universities where Indian Institute of Science (IISc), Bangalore (Karnataka) emerged as India’s top-ranked institution by getting the rank 16th with the score 48.4 .

India ranked 35th in Worldwide Education for The Future Index (WEFFI) 2019, Finland tops

The Worldwide Education for The Future Index (WEFFI) 2019 ranked India in 35th position, whereas in 2018 it was ranked 40th position. The WEFFI report is created by The Economist Intelligence unit and commissioned by Yidan Prize foundation. The index is topped by Finland, followed by Sweden in second place and New Zealand in third place.

Hindi is the 3rd most spoken language in the world after English & Mandarin Chinese

The 22nd edition of the world language database Ethnologue stated Hindi, as the 3rd most spoken language of the world in 2019 with 615 million speakers. English language was at the top of the list with 1,132 million speakers and Mandarin Chinese was at the 2nd position with 1,117 million speakers.

National

Overview of Prez Kovind’s 2- day visit to Dadra and Nagar Haveli, Daman and Diu

The president of India Shri Ram Nath Kovind paid a 2-day official visit to Dadra & Nagar Haveli and Daman & Diu from February 17-18, 2020.
This is his 1st visit to the Union Territory (UT) of Dadra & Nagar Haveli and Daman & Diu.

President inaugurates development projects in Dadra and Nagar Haveli, Daman and Diu

President of India, Ram Nath Kovind has laid the foundation stone and inaugurated various developmental projects of the UT of Dadra and Nagar Haveli, and Daman and Diu at a function held at Swami Vivekanand Stadium in Daman.
i.President also inaugurated the Jampore Sea Front Road from Moti Daman Jetty to Jampore Beach and an Ayushman Bharat Wellness Centre in Daman.

AICTE bars universities from offering PGDM and MBA courses simultaneously

2020 AICTE (All Indian Council of Technical Education), has banned all the government & private universities across the country to offer both PGDM (Post Graduate Diploma in Management) and MBA (Master of Business Administration) courses simultaneously.

India & Norway signs LoI for collaboration on blue economy for sustainable development

Ministry of Health and Family Welfare and Ministry of Earth Sciences, Dr. Harsh Vardhan along with Norway’s Minister for Climate and Environment, H.E. Mr Sveinung Rotevatn have jointly inaugurated the ‘India-Norway Task Force on Blue Economy for Sustainable Development’ at the 3rd meeting of the Task Force.
The 2 countries also signed a Letter of Intent (LoI) & agreed to support and work together on Integrated Ocean Management & Research.

Govt plans to doubling of Milk processing capacity to 108 million MT by 2025

The Department of Animal Husbandry & Dairying under the Ministry of Fisheries,Animal Husbandry and Dairying announced that the Government will facilitate the increase of milk processing capacity to 108 million metric tonne (MT) from 53.5 million metric tonne by 2025 .

SC approves permanent commission to women officers in the army

The Supreme Court(SC) bench of Justices D.Y. Chandrachud and Hemant Gupta dismissed the central government’s submission that women are physically weaker than men and agreed on Delhi High Court’s decision about eligibility of permanent commission and command post to short service commissioned (SSC) women officers in the army.

IDSA to be renamed as Manohar Parrikar Institute for Defence Studies and Analyses

The Central Government has renamed Institute for Defense Studies and Analyses (IDSA) as Manohar Parrikar Institute for Defense Studies and Analyses in order to “honour the commitment and legacy” of late Manohar Parrikar.
Late Manohar Parrikar was a former defense minister and Padma Bhushan awardee. The Defense Minister chairs the Executive Committee of the IDSA Institute.

Economy

Gujarat govt signs MoU with SBI to facilitate MSME loans

In order to provide enough credit to entrepreneurs in the MSME (Micro, Small and Medium Enterprises) sector, the state Government of Gujarat has signed an MoU (memorandum of understanding ) with State Bank of India (SBI), through which the bank will provide working capital to entrepreneurs aims to start new MSME within 15 days of making an application.

SEBI to tighten eligibility criteria for investment advisor

Securities and Exchange Board of India (SEBI), the regulator for the securities market in India, has decided to tighten the eligibility rules for investment advisors with the intention of protecting the interests of investors.
It has also decided to set a upper limit on their fees & proposed a fee of 2.25% of assets under management (AUM) / an amount of ₹75,000 per annum. The fee can be charged for up to 2 quarters at a time and cannot be fully charged upfront.

Sports

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Miscellaneous

India-Russia defence deals set to cross USD 16 billion

The defence deals between India and Russia are set to cross USD 16 billion (approximately Rs.11.44 lakh crores) which includes India signed 14 MoUs (Memorandum of Understandings) with Russia during the defexpo 2020 that covered development and production of land, naval and systems and hi-tech civilian products, and separately contracts signed for the production of Kalashnikov rifles, Kamov helicopters and S-400 air defence systems.

Lithium reserve found in Mandya near Bengaluru

The Researchers of India’s Atomic Energy Commission have found lithium reserves of 14,100 tonnes in Mandya, Bengaluru, Karnataka. Lithium is a rare metal used for manufacturing batteries for electric vehicles.

Supratim Bandyopadhyay appointed as PFRDA Chairman

Supratim Bandyopadhay was appointed as chairman of the PFRDA (Pension Fund Regulatory and Development Authority). The Appointments Committee of the Cabinet approved Supratim appointment for a period of 5 years from the date of assumption or till attaining the age of 65 years. He was the successor of Shri Pankaj Jain.

Ashraf Ghani wins second term as Afghanistan’s President

Afghanistan’s Incumbent president Ashraf Ghani Ahmadzai(70) wins second term as Afghanistan president as an Independent Candidate securing 50.64% votes in september 2019 election announced by the Election Commission of Afghanistan.

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