Daily Current Affairs  – 17 February 2023

In News Recently, the State Bank of India, Bank of Baroda and Indian Overseas Bank raised their marginal cost of fund-based lending rates (MCLR) by up to 15 basis points. Marginal Cost of Funds-Based Lending Rate It was instituted by RBI with effect from April 1, 2016. It replaced the base rate structure, which had […]

In News The Central Water Commission signs an agreement with IIT Roorkee for the development of an international centre of excellence for dams under the Dam Rehabilitation and Improvement Project. About ICED, Roorkee will provide specialized technical support services to the Indian and overseas dam owners It will also carry out applied research, education, and […]

In Context The Union Health Ministry has formulated the National Strategic Plan and Roadmap for Leprosy 2023-2027 for achieving zero cases of leprosy infection by 2030. About According to the Union Health Ministry, despite India being declared “Leprosy Eliminated” in 2005, the country still accounts for about 52% of the world’s new leprosy patients. It […]

In News The Prime Minister inaugurated Aadi Mahotsav, the mega National Tribal Festival in Delhi. About Aadi Mahotsav It is an attempt to showcase tribal culture on the national stage and it celebrates the spirit of tribal culture, crafts, cuisine, commerce, and traditional art. It is an annual initiative of the Tribal Cooperative Marketing Development […]

In News The recent data indicated that the current account deficit (CAD) will moderate despite the global slowdown triggered by rising inflation and interest rates. About the recent trend of moderation About: According to the RBI, the CAD, which was at $36.4 billion for the quarter ending September 2022, is expected to moderate in the […]

Context Recently, the Union Cabinet approved the following decisions: Raising seven new ITBP battalions thus inducting an additional 9000 troops. Allocated ?4,800 crores under the Vibrant Village Programme (VVP) to stop migration and boost tourism in villages bordering China. Cleared a proposal for a 4.1 km Shinku-La tunnel on the Manali Darcha-Padum-Nimmu axis to allow […]

In News Astronomers discover a ring around the dwarf planet Quaoar in the Kuiper Belt. About In a recent study done by Bruno Morgado of the Federal University of Rio de Janeiro and Bruno Sicardy of the Paris Observatory, a ring was founded positioned much further away from the planet than is usual. The ring […]

In News  Exercise ‘DHARMA Guardian-2023’ was held between India and Japan at Belgaum, Karnataka. About The exercise was held to share experiences gained during operations, in order to enhance interoperability in the planning and execution of various operations in jungle & semi-urban/ urban terrain. The Year 2022 also marks 70 years of diplomatic relations between […]

In News Air India of Tata Group orders the largest ever Airbus and Boeing planes deal to overhaul its flight capacity. About Air India has recently signed letters of intent with Airbus and Boeing for a total of 470 new aircraft, including 70 wide-body planes for long-haul flights. The orders involve 40 Airbus A350, 20 […]