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Home  /  Daily Current Affairs  /  04-03-2022

Daily Current Affairs  – 4 March 2022

    Asian Infrastructure Investment Bank (AIIB)
    In News  Recently, Asian Infrastructure Investment Bank (AIIB) has said that it has put on hold and is reviewing all activities relating to Russia and Belarus in the wake of the current conflict in Ukraine. About Asian Infrastructure Investment Bank (AIIB) China’s leader Xi Jinping first proposed an Asian infrastructure bank at an APEC summit […]
    National Disaster Response Force (NDRF)
    In News  Recently, the National Disaster Response Force (NDRF) has sent relief material to Ukraine. About  Established in 2006, NDRF is the world’s single largest force dedicated to disaster response. It is functioning under the Ministry of Home Affairs, within the overall command, control and leadership of the Director-General. Organisation: At present, the NDRF consists […]
    National Commission for Protection of Child Rights (NCPCR)
    In News The National Commission for Protection of Child Rights (NCPCR) celebrated its 17th Foundation Day. National Commission for Protection of Child Rights (NCPCR) It was set up in March 2007 under the Commissions for Protection of Child Rights (CPCR) Act, 2005, an Act of Parliament (December 2005).  It is a statutory body under the […]
    Global Chip Shortage Situation
    In Context  The Russia-Ukraine conflict is likely to aggravate the global semiconductor shortage as the two countries are major suppliers of raw materials critical to chip production. Russia supplies the global semiconductor industry with rare metals, and Ukraine supplies specialty gases required by the chipmaking industry.  Major causes  After reaching its peak in 2011, the […]
    Increase in Trade & Current Account Deficit
    In News India’s trade deficit, which shot back up to $21.2 billion, is expected to stay elevated in coming months and the current account deficit could widen to 2.6% of GDP in 2022-23 from 1.7% of GDP this year. What is Trade Deficit? It refers to a situation where the country’s import dues exceed the […]
    What are Cluster Bombs and Thermobaric Weapons?
    In Context  Human rights groups Amnesty International and Human Rights Watch accused Russia of using cluster bombs and vacuum bombs in the ongoing war. What are Cluster Munitions? According to the 2008 Convention on Cluster Munitions, a cluster munition means a “conventional munition that is designed to disperse or release explosive submunitions each weighing less […]
    Quad Leaders’ Virtual Meet
    In News In the recent meeting, QUAD leaders discussed the ongoing conflict and humanitarian crisis in Ukraine and assessed its broader implications.  Major Highlights of the meeting  Among the four countries, India has been the only one to abstain on Ukraine-related resolutions criticising Russia in the United Nations, which has led to considerable consternation in […]
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