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Latest Current Affairs 2022: 12th 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 13 Daily Current Affairs Updates: National & International News
Here is providing below the top 15 important  Current Affairs updates with national & international news.

States News

1. Tripura Govt announced “Mukhyamantri Chaa Srami Kalyan Prakalpa” scheme 

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  • Tripura Government has announced a special scheme ‘Mukhyamantri Chaa Srami Kalyan Prakalpa’ for tea workers. A special scheme, allotting Rs. 85 crores for its implementation, as a step towards bringing the 7000 tea garden workers of Tripura under the social security net.
  • This special scheme would ensure housing, rations, and financial support to the tea garden workers by integrating the facilities that are entitled to them, by the state government and the central government.

2. Jyotiraditya Scindia inaugurates first drone school at Gwalior in Madhya Pradesh 

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  • The Union Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan jointly inaugurated the first drone school in Gwalior, Madhya Pradesh.
  • This drone school is one of the five Drone Schools planned to be opened in different cities of Madhya Pradesh. The other four cities are Bhopal, Indore, Jabalpur and Satna.

Appointments News

3. Prabha Narasimhan named as CEO of Colgate-Palmolive India

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  • Prabha Narasimhan has been appointed as the CEO and MD of Colgate-Palmolive (India) Limited. She succeeded Ram Raghavan, who has been promoted to the role of President, Enterprise Oral Care, at Colgate Palmolive Company.
  • Prior to this, she was working as executive director of Hindustan Unilever (HUL). Colgate-Palmolive (India) provides oral care products under the ‘Colgate’ brand. It also provides personal care products under the ‘Palmolive’ brand name.

4. Justice AK Sikri named as Chairperson of Chardham project Committee

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  • The Supreme Court of India has named Justice (retd) AK Sikri as Chairperson of the High Powered Committee (HPC), of the Chardham project.
  • The previous Chairperson Professor Ravi Chopra had resigned from his post in February 2022, after being appointed as the chairperson of the HPC on August 8, 2019.
  • A bench of Justices DY Chandrachud and Surya Kant accepted the resignation of Professor Ravi Chopra as chairperson of the committee after he wrote a letter in January wishing to relinquish his post.

5. Debasish Panda named as Chairman of IRDAI

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  • Debasish Panda has been appointed as the chairman of the Insurance Regulatory and Development Authority of India (IRDAI). He is a former financial services secretary.
  • The post of Chairman of IRDAI was lying vacant since May 2021 when Subhash Chandra Khuntia completed his term. Panda, a 1987-batch IAS officer of the Uttar Pradesh cadre, retired as financial services secretary in January this year after a two-year stint.

 

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Banking News

6. RBI directs Paytm Payments Bank Ltd to stop onboarding of new customers 

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  • Reserve Bank of India (RBI) has directed Paytm Payments Bank Ltd to stop the onboarding of new customers with immediate effect. The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. The RBI took the decision in exercise of its powers under section 35A of the Banking Regulation Act, 1949.
  • RBI has advised Paytm Payments Bank to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. Once the audit is over, RBI will review the reports of IT auditors and based on the reports grant or review its permission for onboarding of new customers.

Agreements News

7. BIS tie-up with IIT Roorkee for activities on standardisation 

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  • The Bureau of Indian Standards (BIS) and IIT Roorkee signed a Memorandum of Understanding (MoU) for the establishment of a ‘BIS Standardization Chair Professor’ at IIT Roorkee.
  • This would be the first time BIS created a Standardization Chair in an Institute for activities related to standardisation and conformity assessment. It will aid in the establishment of standards on crucial areas such as IIT’s BlockChain applications for e-governance.
  • The Bureau of Indian Standards (BIS) is proud to announce its collaboration with the illustrious IIT Kanpur in the development of standards.

Defence News

8. Australia’s AARC tie up with India’s CLAWS 

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  • From March 8 to March 10, 2022, Lt Gen Richard Burrthe Chief of the Australian Army, was in India for three days. The Australian Army Chief paid a visit to the Centre for Land Warfare Studies (CLAWS), an Indian Army think tank in New Delhi.
  • On the sidelines of the tour, a Memorandum of Understanding (MoU) was signed between the Australian Army Research Centre (AARC) and the Centre for Land Warfare Studies (CLAWS) to create academic cooperation and engagement.

Summits and Conferences News

9. MSME IDEA HACKATHON 2022 

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  • Union Minister for MSME, Narayan Rane has announced the MSME Innovative Scheme (Incubation, Design, and IPR) as well as the MSME IDEA HACKATHON 2022Shri Rane, speaking on the occasion, stated that MSMEs play an essential role in Atmanirbhar Bharat. He claims that these programmes will assist entrepreneurs in launching new businesses.
  • During the opening of the MSME Innovation Scheme, Shri B.B Swain, Secretary MSME, made the keynote address, stating that it will serve as a hub for innovation activities, facilitating and directing the development of ideas into viable business propositions that benefit society directly.

Awards News

10. Six Indian Airports named the ACI World’s ASQ Awards 2021

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  • From India, six airports have found a place among the ‘Best Airport by Size and Region’, by the Airports Council International (ACI), in its Airport Service Quality (ASQ) survey for the year 2021.
  • The airports have been adjudged among the Asia Pacific region in different categories based on annual passenger traffic. The ACI Airport Service Quality (ASQ) Awards takes into account 33 parameters related to passenger amenities to recognize airport excellence in customer experience.

 

Ranks and Reports News

11. V-Dem’s Democracy Report 2022: India ranked 93rd

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  • The latest edition of Democracy Report was released recently by the V-Dem Institute at Sweden’s University of Gothenburg. The study was titled ‘Democracy Report 2022: Autocratisation Changing Nature?’.
  • The report classifies countries into four regime types based on their score in the Liberal Democratic Index (LDI): Liberal Democracy, Electoral Democracy, Electoral Autocracy, and Closed Autocracy.

Books and Authors News

12. Labour Minister Bhupendra Yadav unveiled the book titled “Role of Labour in India’s Development”

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  • Minister of Labour and Employment and MoEFCC, Bhupender Yadav has launched a book titled “Role of Labour in India’s Development”. V V Giri National Labour Institute has published the book.
  • The publishing of the book is part of the ‘Iconic Week’ celebrations of the ‘Azadi Ka Amrit Mahotsav’.

13. A book titled “Soli Sorabjee: Life and Times” authored by Abhinav Chandrachud

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  • A new biography, titled “Soli Sorabjee: Life and Times” was announced, during the occasion of the 92nd birth anniversary of Soli Sorabjee. It is authored by advocate and legal scholar Abhinav Chandrachud and will be released in April 2022.
  • The book highlights the personal details of the life of Soli Sorabjee, his family background. He was the former Attorney General (AG) of India and served two times for the years 1989-90 and then from 1998- 2004.