Top Current Affairs of the day: 25 February 2019

Last Updated: February 25, 2019

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Top Current Affairs of the day: 25 February 2019
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  • SEBI declared 2 commodity broker unfit to function

    February 25, 2019
    The Securities and Exchange Board of India (SEBI) has declared Motilal Oswal Commodities Broker and India Infoline Commodities (IICL) unfit to function as commodity brokers on account of their alleged role in the Rs.5,600 crore settlement scam at the National Spot Exchange Ltd (NSEL) that came out in the open in July 2013.
    SEBI rejected the application for registration of the two entities and further directed that all existing clients should be allowed to move to other brokerages within 45... Read More

    UP launched the Phase I of route rationalization under Connect Delhi

    February 25, 2019
    The Uttar Pradesh government has launched the first phase of route rationalization under an initiative ‘Connect Delhi’. This initiative seeks to effectively link residents of the rural belt with State-run transport infrastructure.
    Connect Delhi will rationalize the bus and feeder services in the city with a vision that all residential areas and villages of Delhi are connected with a reliable public transport facility within 500 metres of walking distance at a frequency of 15... Read More
    Category: Indian Affairs

    ECI developed cVIGIL for Lok Sabha election

    February 25, 2019
    Election Commission of India has developed cVIGIL, a mobile app, for the upcoming Lok Sabha election. ‘cVIGIL’ stands for 'Vigilant Citizen’. It was launched in Thiruvananthapuram, Kerala. Complaints regarding the model code of conduct and expenditure violations can be lodged in during election time.
    To lodge a complaint, a voter should download the app from Google Play Store. Photos and two-minute video clippings regarding the violation can be uploaded via the app.... Read More

    Cobra Gold military exercise was held in Thailand

    February 25, 2019
    The annual Cobra Gold military exercise was hosted by Thailand and the United States. It is the biggest activity of its type in the Asia-Pacific region with 29 nations taking part as participants or observers.
    Apart from the 2 countries, 7 countries who participated in the exercise were India, Singapore, Japan, China, Indonesia, Malaysia, and South Korea. In total 9 countries participated. The Indian Army participated in the military training exercise with a 14-member contingent.
    India... Read More
    Category: Defence

    Odisha govt launched boat ambulance service for remote areas

    February 25, 2019
    The project, which costs around 5.40 crore, reportedly includes six boat ambulances and 60 jetties with walkway. This new facility is hope for residents who live in far-flung areas, river-locked pockets of the state, making it easier for them to reach the hospitals. About Odisha: ♦ Capital: Bhubaneswar ♦ Governor: Ganeshi Lal ♦ Chief minister: Naveen Patnaik ♦ Principal Language: Oriya ♦ Famous dances - Odissi (Orissi), Ghumura,... Read More

    Mayank Markande becomes India's 79th T20I cricketer

    February 25, 2019
    Mayank Markande made his senior Team India debut in the first Twenty20 International against Australia in Visakhapatnam. The 21-year-old spinner Markande hence became the 79th player to represent India in the shortest format of the game. Markande played for Punjab in domestic circuit and Mumbai Indians in IPL, has taken 99 wickets in 47 professional matches across formats.
    Category: Sports

    Currency printing presses and mints declared as public utility service by Govt

    February 25, 2019
    The government has declared printing presses and mints as public utility service under the Industrial Disputes Act, 1947. The printing presses and mints included in the declaration are ♦ India Security Press (Nashik), ♦ India Government Mints (Kolkata, Noida, Mumbai and Hyderabad), ♦ Security Printing Press (Hyderabad), Security Paper Mill (Hoshangabad) ♦ Services in the Bank Note Press (Dewas), and ♦ Currency Note Press (Nashik Road). Likewise, chemical... Read More
    Category: Business & Economy

    Govt increases Risk and Hardship Allowance for CAPF personnel

    February 25, 2019
    The Ministry of Home Affairs increased the Risk and Hardship Allowance for CAPF (Central Armed Police Forces) personnel from 9,700 to 17,300 per month for those up to the Inspector rank. For those above Inspector rank, allowance was increased from 16,900 to 25,000. This decision came a week after 40 CRPF jawans were killed in a terror attack in Pulwama in Jammu and Kashmir. The decision has been pending since August 2017.
    Category: Indian Affairs

    Scientists have discovered 300,000 new galaxies using a Low-Frequency Array (LOFAR) telescope

    February 25, 2019
    A study conducted by 200 scientists from 18 countries has led to the discovery of 300,000 new galaxies using a Low-Frequency Array (LOFAR) telescope in the Netherlands. LOFAR is capable of detecting low radio frequencies which is not visible to other telescopes. Thus, scientists could spot lakhs of light sources, which were once too faint to be detected from Earth.

    SpaceX launched Israels first moon lander Beresheet from Florida

    February 25, 2019
    Israel’s first moon lander, the 585 kg “Beresheet” (“Genesis” in Hebrew), was launched atop a Falcon 9 rocket from the private US-based SpaceX in Florida, United States. At a cost of USD 100 million, it is the lowest-budget spacecraft to ever undertake such a mission. It is part of renewed global interest in the Moon, sometimes called the “Eighth Continent” of the Earth. The project is funded almost entirely by donations making it the first privately... Read More

    Merger of Vijaya Bank and Dena Bank with BoB (Bank of Baroda) to be effective from April 1

    February 25, 2019
    According to a statement by Bank of Baroda, its merger with Vijaya Bank and Dena Bank shall come into force from 1st April 2019. This scheme has been named as ‘Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019’. According to the Scheme of Amalgamation- Shareholders of Vijaya Bank will get 402 equity shares of Bank of Baroda for every 1,000 shares held.
    Category: Banking & Finance

    Saudi Arabia appoints first female ambassador to United States

    February 25, 2019
    Saudi Arabia has appointed Princess Reema bint Bandar, a former business executive and philanthropist, as its first female ambassador to the United States. She replaced Prince Khalid bin Salman, amid fallout over journalist Khashoggi’s murder. She has been a leading advocate of female empowerment in the kingdom.

    M.P. launched Mukhyamantri Yuva Swabhiman Yojana

    February 25, 2019
    The Madhya Pradesh government launched its flagship scheme ‘Mukhyamantri Yuva Swabhiman Yojana’.
    It was launched by the Chief Minister Kamal Nath.
    This scheme guarantees 100 days of employment every year to urban youth from Economically Weaker Sections (EWS).
    The youth under the scheme would be imparted skill development training.
    Each youth enrolled under the scheme will get total Rs.13,500 for the 100 days period. Maharashtra: ♦ Capital: Bhopal ♦... Read More
    Category: Schemes

    Saurabh Chaudhary smashed World Record in ISSF World Cup, secured India's Olympic quota

    February 25, 2019
    The 16-year-old Indian Shooter Saurabh Chaudhary claimed gold medal in the men's 10m air pistol event with a world record score of 245.0 in the final at the season-opening International Shooting Sport Federation (ISSF) event. In addition, he sealed a berth for the 2020 Tokyo Olympics.
    Category: Sports

    GST on under construction flats cut from 12 percent to 5 percent

    February 25, 2019
    Under construction properties priced over 45 lakh will attract 5% GST (Goods and Services Tax), instead of 12%. A residential property priced at 45 lakh or below will now be defined as "affordable" and taxed at 1%, from 8% earlier. The new rates will be effective from April 1, 2019.

    Divya Karnad became First Indian Woman to receive Future of Nature Award

    February 25, 2019
    Ashoka University teacher and Wipro Sustainable Fellow, Divya Karnad became the First Indian Woman to be honoured with the “Global Future of Nature Award” for her work on marine conservation. The award is given to 3 people annually, and this year it was given to Olivier Nsengimana and Fernanda Abra along with Divya Karnad. About Global Future of Nature Award It is a prestigious international award that celebrates achievements in protecting wild animals and plant species.
    Category: Awards and Honours

    Oscars winners 2019, India-based film on menstruation wins Best Short Documentary Oscar

    February 25, 2019
    India-based 'Period. End of Sentence.' has won the Oscar 2019 for Best Documentary Short Subject at the 91st Academy Awards. The Oscars 2019 went to: ♦ Best Actress: Olivia Colman, The Favourite ♦ Best Actor: Rami Malek, Bohemian Rhapsody ♦ Best Supporting Actress: Regina King, If Beale Street Could Talk ♦ Best Supporting Actor: Mahershala Ali, Green Book ♦ Best Picture: Green Book ♦ Best Director: Alfonso Cuaron (Roma) ♦ Best Foreign... Read More
    Category: Awards and Honours

    Kareena Kapoor Khan named brand ambassador of Swasth Immunised India

    February 25, 2019
    Kareena Kapoor Khan named as the brand ambassador of Swasth Immunised India, a year-long campaign initiated by Network18 and Serum Institute of India which promotes immunisation of babies under two years of age. The campaign was launched at Mumbai and Adar Poonawalla, President, Vaccine Manufacturers Association of India and CEO, Serum Institute of India (SII).
    Category: Indian Affairs

    JSPL won the FICCI CSR Award for Women Empowerment

    February 25, 2019
    Jindal Steel and Power Ltd (JSPL) was conferred with the prestigious ‘FICCI CSR Award‘ for Women Empowerment for its innovative and high impact women empowerment programmes, implemented by the company’s CSR Arm – JSPL Foundation, across its operational areas in India. Director, JSPL and the Co-Chairperson of JSPL Foundation Shallu Jindal received the award from Union Commerce and Industry and Civil Aviation Minister Suresh Prabhu in New Delhi. About FICCI CSR... Read More
    Category: Indian Affairs

    RBI bundles NBFCs into a single type to offer operational flexibility

    February 25, 2019
    Reserve Bank of India (RBI), in accordance with an announcement made during the last bi-monthly policy, decided to create a single category for the NBFCs (non-banking financial companies) by bundling their present three-tier structure. It was also decided that exposures to all NBFCs, excluding core investment companies, will be risk weighted as per credit ratings. These steps have been undertaken to provide greater operational flexibility to the NBFCs, reducing the number of categories into... Read More
    Category: Banking & Finance

    Tamil Nadu Becomes First State in mainland to get 2 Coast Guard Districta

    February 25, 2019
    Tamil Nadu Governor Banwarilal Purohit inaugurated the second Coast Guard district headquarters at Thoothukudi, Tamil Nadu. Tamil Nadu is the first state in India to get a second Coast Guard district headquarters. The first district headquarters is Chennai. The second headquarters have been set up to deal with frequent issues faced by fishermen and provide anti-poaching operations, search and rescue missions and coastal security measures. It will function under Commander Coast Guard Region... Read More
    Category: Indian Affairs

    Odisha approved Rs 466 Crore Sanitary Napkin Scheme for adolescent girls

    February 25, 2019
    Odisha government, in the Cabinet meeting chaired by Chief Minister Naveen Patnaik, approved Khusi scheme aimed at improving menstrual hygiene among adolescent girl students in the state, with an outlay of Rs 466.08 crore over a period of 5 years. Free sanitary napkins will be provided to 17.25 lakh adolescent girl students of Class 6 to 9 study in government and non-government aided schools of the state. It will also cover Kendriya Vidyalayas and Jawaharlal Navodaya Vidyalayas. Each girl... Read More
    Category: Indian Affairs



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