Top Current Affairs of the day: 27 February 2019

Last Updated: February 27, 2019

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Top Current Affairs of the day: 27 February 2019
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  • April-January fiscal deficit hits 121.5 per cent of full-year target

    February 27, 2019
    India's fiscal deficit during April-January stood at 7.7 lakh crore or 121.5% of budgeted target for the current financial year. Revenue deficit in April-January of FY19 was at Rs 5.9 lakh crore or 143.4% of the annual target. The gap between the government's revenue and expenditure had stood at 113.7% in January 2018.

    Sir Alastair Cook Officially Receives Knighthood At Buckingham Palace

    February 27, 2019
    Former England skipper Alastair Cook officially received the knighthood for his services to cricket at an investiture ceremony in Buckingham Palace. He is the first England cricketer to receive a knighthood since Sir Ian Botham in 2007. Cook retired from Test cricket in September 2018 and is England’s highest run-scorer in Test cricket.  
    Category: Sports

    RBI proposes new compensation rules for top Officials of Private, Foreign banks

    February 27, 2019
    At least 50% of compensation of senior officials of private and foreign banks, including whole time directors and Chief Executive Officers (CEO), "should be variable". Variable pay should be capped at 200% of fixed pay.  
    Category: Indian Affairs

    Delhi government presents Rs 60,000 crore budget for 2019-20

    February 27, 2019
    Delhi government presents Rs 60,000 crore budget for 2019-20 Of this, Rs 3,914 crore allocated for the housing and urban development sector. 1,600 crore has been proposed to provide basic infrastructure facilities for people living in unauthorised colonies. The budget was presented in the Delhi Assembly by Deputy Chief Minister and Finance Minister Manish Sisodia. 26 per cent of total budget have been earmarked for education.
    Category: Indian Affairs

    FAGMIL Signs MoU With Himachal Pradesh To Establish Indias 4th White Cement Plant Project

    February 27, 2019
    FCI Aravali Gypsum and Minerals India Limited (FAGMIL) taken up a project to establish a white cement plant near village Nohra Dhar in Himachal Pradesh, at a project cost of approximately Rs. 605 crores. It will be the 4th white cement plant in the country. The installed capacity of the plant would be 0.3 million tonnes per annum and it will generate the direct employment of approximately150 persons.

    Afghanistan Scores Highest Ever T20 International Score

    February 27, 2019
    Afghanistan scored 278 for the loss of three wickets from their allotted 20 overs, to register the highest-ever total in T20s at the Rajiv Gandhi International Cricket Stadium in Dehradun, Uttarakhand against Ireland. They toppled Australia’s record score of 263/3 which they achieved back in 2016 against Sri Lanka. Hazratullah Zazai scored 162 runs from just 62 balls. Zazai became the first player from Afghanistan to score 150 or more runs, and his 236-run opening stand with Usman... Read More
    Category: Sports

    IWAI and IOCL signed MoU On Fuel Needs for National Waterways

    February 27, 2019
    Inland Waterways Authority of India (IWAI) and Indian Oil Corporation Limited (IOCL) signed an MoU for jointly developing infrastructure for fuels, lubricating oil, LPG, Natural Gas and any other related fuel and gas for meeting the requirement of National Waterways.
    Category: Indian Affairs

    BoB Ties Up With German KfW for USD 130m to Refinance Solar Units

    February 27, 2019
    Bank of Baroda tied up with Germany’s KfW Development Bank for funding of USD 113 million to refinance solar projects.
    About Bank of Baroda Founded: 20 July 1908; 110 years ago Founder: Maharaja H. H. Sir Sayajirao Gaekwad III Headquarters: Vadodara, Gujarat, India Number of locations: 5481 branch banks (2017) Tag Line - India’s International Bank
    Category: Banking & Finance

    Indra Nooyi Joins Amazons Board of Directors

    February 27, 2019
    PepsiCo’s India-born former CEO Indra Nooyi joined Amazon’s board of directors, the online retail giant.
    Starbucks executive Rosalind Brewer joined the Amazon Board.
    Ms. Nooyi will be a member of the audit committee. About Pepsico Industry: Beverages, Food processing Founded: August 28, 1898; 120 years ago  New Bern, North Carolina, United States Founder:Caleb Bradham
    Category: Business & Economy

    Rashid Khan became first bowler in T20I history to pick 4 wickets in 4 balls

    February 27, 2019
    He became the seventh bowler to pick up a hat-trick in T20Is. About Afghanistan ♦ Capital – Kabul ♦ Currency – Afghan Afghani ♦ President – Ashraf Ghani  

    Himachal Pradesh Government declared Monkeys as vermin

    February 27, 2019
    Monkey’s are declared as vermin by the Himachal Pradesh government. Around 11 districts,91 tehsils and sub-tehsils. About Vermin: Vermin are pests or wild animals that are believed to be harmful to crops, farm animals, or game, or which carry disease. About Himachal Pradesh Capital: Shimla Governor: Acharya Dev Vrat Chief Justice: Surya Kant Chief Minister: Jai Ram Thakur
    Category: Indian Affairs

    RBI removed 3 more Banks from Corrective Action List

    February 27, 2019
    The Reserve Bank of India (RBI) has decided to remove Allahabad Bank, Corporation Bank and Dhanlaxmi Bank Ltd. from the list of banks placed under its Prompt Corrective Action (PCA) framework. About RBI’s Prompt Corrective Action (PCA) Framework: ♦ RBI introduces Prompt Corrective Action when the Bank’s financial conditions worsen below certain limits (trigger points). ♦ Under PCA, weaker banks are restricted from lending until they improve their capital ratios,... Read More
    Category: Banking & Finance

    IRCTC Rail Connect mobile app win National e-Governance Award 2019

    February 27, 2019
    Railway's ticket booking mobile application - IRCTC Rail Connect mobile app and the Chhattisgarh government's 'Khanij online' and 14 other such IT projects have been chosen for National e-Governance Awards 2019. Indian Railway Catering and Tourism Corporation (IRCTC) Rail Connect mobile app, launched in January 2017, has been chosen for the special jury award for excellence in government process re-engineering for digital transformation. Railways collected revenue of over Rs... Read More
    Category: Awards and Honours

    World's fastest 1TB microSD card revealed at MWC

    February 27, 2019
    Two 1 terabyte microSD cards were revealed by companies Western Digital-owned SanDisk and Micron during Mobile World Congress (MWC) in Barcelona. The 1TB SanDisk Extreme UHS-I microSD card, which the company claims to be the world's fastest, reaches speeds of up to 160 Mbps. While Micron's card, claimed to be the world's first, reaches speeds of up to 100 Mbps.

    PM Modi unveils world's largest Bhagavad Gita weighing 800 kg

    February 27, 2019
    The world's largest Bhagavad Gita at ISKCON temple in south Delhi's East of Kailash, has 670 pages, weighs 800 kg and is 2.8 metre tall and 2 metre wide (when closed). The book is dubbed as the 'Astounding Bhagavad Gita'. Bhagavad Gita, often referred to as the Gita, is a sacred text, revered by the Hindus, and is part of the epic Mahabharata, containing the teachings of Lord Krishna to Arjuna on the battlefield. ISKCON - International Society for Krishna Consciousness

    President Conferred Gandhi Peace Prize

    February 27, 2019
    President Ram Nath Kovind conferred Gandhi Peace Prize for 2015, 16, 17 and 18 at a function in Rashtrapati Bhavan, New Delhi.
    The awards that were facilitated at the occasion 1. For 2015: Vivekananda Kendra, Kanyakumari for its contribution in Rural Development, Education and Development of natural resources. 2. For 2016: Jointly to Akshaya Patra Foundation for its contribution in providing mid-day meals to millions of children across India and Sulabh International for its contribution... Read More



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