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Latest Current Affairs 2022: 1st March Daily GK update

Daily Current Affairs updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily Current Affairs Update is the complete bag of the important news that is held all day long.

Top 15 Daily Current Affairs Updates: National & International News
Here is providing below the top 15 important  Current Affairs updates with national & international news.

International News

1. Russia destroyed the largest plane in the world ‘Mriya’ 

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  • Russian invasion to Ukraine, Russia destroyed the largest plane in the world called “Ukraine’s Antonov-225 cargo plane”.
  • The plane was destroyed outside Kyiv. According to weapons manufacturer Ukroboronprom, restoring “AN-225 Mriya” would cost over USD 3 billion and could take over five years.
  • The aircraft was unique to the world. The An-225 aircraft was located at Hostomel Airport when Russia launched an attack on the Ukrainian airport on February 24, 2022. It was destroyed on February 27.

2. Japan and India renews the Bilateral Swap Arrangement (BSA) 

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  • Japan and India have renewed the Bilateral Swap Arrangement (BSA) the size of which is up to USD 75 billion. The BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for the US Dollar.
  • The interest rate charged in this case is fixed at the time of signing the agreement and hence it reduces the risk caused due to fluctuations in the exchange rate.
  • The actual Bilateral Swap Arrangement (BSA) was signed between the Bank of Japan and the Reserve Bank of India in 2018.

3. IOC Withdraws Top Olympic Honour From Vladimir Putin 

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  • The International Olympic Committee has stripped Russian President Vladimir Putin of the Olympic Order award in response to the invasion of Ukraine. International Olympic Committee urged sports federations and organisers to exclude Russian and Belarusian athletes and officials from international events following Russia’s invasion of Ukraine.
  • Russia’s participation in the World Cup play-offs next month is also in doubt after FIFA plans to allow them to play on neutral territory were dismissed as “unacceptable” by rivals. The IOC last week urged all international sports federations to cancel forthcoming events in Russia, angry at Moscow violating an “Olympic Truce” with its attack on Ukraine.

Appointments News

4. Prof Bhushan Patwardhan named as chairman of NAAC

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  • The University Grants Commission (UGC) has appointed educationist and research scientist Professor Bhushan Patwardhan as chairman, of the executive committee of the National Assessment and Accreditation Council (NAAC), Bengaluru.
  • The position was vacant after Prof Jagadish Kumar was appointed as chairman of UGC. Prof Patwardhan is currently a national research professor designated by the Ministry of Ayush, Government of India, and a distinguished professor at the Interdisciplinary School of Health Sciences, Savitribai Phule Pune University (SPPU).

Banking News

5. Bank of Maharashtra launches “Project Banksakhi” in Odisha

 

  • 01st March Daily Current Affairs 2022: Today GK Updates for Bank Exam_90.1Public sector lender, Bank of Maharashtra (BoM) has announced the launch of “Project Banksakhi” in Odisha in collaboration with Mahagram & Sunivesh India Finance Services Pvt. Ltd. for Online Bank Account opening. It will provide doorstep and hassle-free access to the people of Odisha for opening bank accounts.
  • The people of Odisha using our innovative customer-friendly financial services and best in class customer experience across digital and physical touchpoints.

Economy News

6. NSO projects GDP growth for India in 2021-22 at 8.9%

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  • National Statistical Office (NSO) has released the second advance estimates of national accounts. The GDP growth rate projection as per NSO for 2021-22 (FY22) and 2020-21 (FY21) is given: For 2021-22 (FY22)= 8.9% (earlier it was 9.2% in first advance estimates); For 2020-21 (FY21)= -6.6% (earlier it was -7.3%)
  • According to NSO data, Gross Value Added (GVA) growth in the manufacturing sector growth remained almost flat at 0.2 per cent in the third quarter of 2021-22, compared to a growth of 8.4 per cent a year ago.

Science and Technology News

7. Google starts ‘Play Pass’ subscription in India

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  • Google has announced the launch of ‘Play Pass’ subscription service in India that will provide Android device users access to over 1,000 applications and games without ads, in-app purchases, and upfront payments.
  • Play Pass, which is currently available in 90 countries, will offer a high-quality and curated collection of 1000+ titles across 41 categories from developers across 59 countries including many from India, Google said in a statement.

8. Quantum Key Distribution tech tested by DRDO successfully between Vindhyachal & Prayagraj

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  • A team of scientists, for the first time in the country, from the Defence Research and Development Organisation (DRDO) and the Indian Institute of Technology (IIT) Delhi successfully demonstrated a Quantum Key Distribution link between Prayagraj and Vindhyachal in Uttar Pradesh, spanning over 100 kilometres.
  • This technological breakthrough was accomplished using a commercial-grade optical fibre that was already on the market. The country has shown domestic safe key transfer technology for bootstrapping military-grade communication security key hierarchy, according to the DRDO.

Summits and Conferences News

9. 28th DST-CII India- Singapore Technology Summit 2022

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  • Confederation of Indian Industry (CII), New Delhi in partnership with the Department of Science & Technology (DST), GoI hosted the 28th edition of the DST – CII Technology Summit on 23rd and 24th of February 2022. The Summit was held virtually. Singapore is the Partner Country for this year’s Technology Summit.
  • Technology Summit has been very crucial in providing significant opportunities to build and improve bilateral technology partnerships over a period of more than two decades. Dr Jitendra Singh, Hon’ble Union Minister of State, Ministry of Science and Technology, GoI.

10. “Industry Connect 2022” inaugurated by Union Minister Dr. Mansukh Mandaviya

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  • Dr. Mansukh Mandaviya, Union Minister of Health & Family Welfare, Chemicals & Fertilizers has inaugurated the seminar on “Industry Connect 2022”: Industry and Academia Synergy.
  • The stress is on the importance of innovation & technology for the progress of the country and it is for the greater industry-academia partnerships. The innovative zeal and manufacturing quality products at scale will help the Prime Minister’s vision of Make in India and Make for the World.

Sports News

11. Pooja Jatyan became 1st Indian to win a silver in Para Archery World Championships

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  • Para-archer, Pooja Jatyan has scripted history as she became the first Indian to win a silver in an individual section of the Para World Championships in Dubai, UAE. She lost to Italy’s Patrilli Vincenza in the final to be content with the silver medal.
  • India ended its campaign with two silver medals, a first for the country. India has won 2 Silver medals for the first time in the Para Archery World Championship. The compound mixed pair of Shyam Sundar Swamyand Jyoti Baliyan had earlier opened India’s account by winning a silver medal.

Important Days

12. Zero Discrimination Day observed on 01st March

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  • The Zero Discrimination Day is held every year on the 1st of March. The day aims to ensure right to equality, inclusion and protection of all people without any discrimination in their law and policies to live a full life with dignity regardless of any barriers.
  • Zero Discrimination Day highlights how people can become informed about and promote inclusion, compassion, peace and, above all, a movement for change.
  • Zero Discrimination Day is helping to create a global movement of solidarity to end all forms of discrimination. The theme of Zero Discrimination Day 2022: “Remove laws that harm, create laws that empower”, UNAIDS is highlighting the urgent need to take action against discriminatory laws.

13. International Women’s Day Week begins

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  • The Women and Child Development Ministry celebrates the International Women’s Day week from the 1st of March as an Iconic Week as a part of Azadi Ka Amrit Mahotsav, till the 8th of March.
  • As a part of the week-long celebration, the Ministry will organize various events and social media campaigns covering a variety of themes related to women’s safety and empowerment.

14. Janaushadhi Diwas week to be observed from 1st March to 7th March

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  • Ministry of Chemicals and Fertilizers will organize the Janaushadhi Diwas from 1st March to 7th March 2022. On 7th March 2022, the 4th Jan Aushadhi Diwas will be celebrated. The theme of 4th Janaushadhi Diwas: “Jan Aushadhi-Jan Upyogi”.
  • The Government has set a target to increase the number of Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) to 10,500 by the end of March 2025.

Obituaries News

15. Legendary West Indies spinner Sonny Ramadhin passes away

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  • West Indies spin legend, Sonny Ramadhin has passed away at the age of 92. He was a part of the side that won its first away series in England in 1950. He made his Test debut against England at Old Trafford in 1950.
  • Ramadhin ended up playing 43 Tests and taking 158 wickets at an average of 28.98. Ramadhin played 184 first-class matches and scalped 758 wickets at an average of 20.24. He moved to England after taking retirement from the sport in the late 1960s.