Daily Current Affairs  – 28 February 2022

In News The issue of co-location has come into the limelight once again in the wake of the latest order by the market’s regulator sanctioning former National Stock Exchange (NSE) MD and CEO over decisions taken by her under the alleged influence of a mysterious ‘yogi’. About Meaning: Co-location facilities are certain dedicated spaces in […]

In Context  More subscribers left the Employees’ Provident Funds (EPF) scheme than the number of new people who joined in the past two years, suggested the latest numbers released by the Union Ministry of Statistics & Programme Implementation. About  In 2020-21, 8.55 million new subscribers were added to the scheme, while 9.78 million subscribers exited […]

In Context  India and France are close to concluding a deal, likely in the next couple of months, for the joint development of a 125 KN engine for the indigenous fifth generation Advanced Medium Combat Aircraft (AMCA) under development The collaboration is between the Defence Research and Development Organisation (DRDO) and French engine maker Safran. […]

In Context  India is celebrating National Science Day on February 28  About  National Science Day, observed on February 28, marks the discovery of the Raman Effect, in the year 1928. The Government of India designated 28 February as National Science Day (NSD) in 1986.  On this day,In the year 1928, CV Raman discovered the Raman […]

In News Marine biologists have welcomed the Tamil Nadu government’s recent decision to go ahead with the establishment of a conservation reserve for the elusive dugong. About Location: Dugong conservation reserve would be established in the Gulf of Mannar, Palk Bay between India and Sri Lanka. Dugong  Also called the Sea Cow. In an interesting […]

In News  The U.S., Europe and several other western nations are moving to exclude Russia from the Society for Worldwide Interbank Financial Telecommunication (SWIFT). What is SWIFT? SWIFT is a messaging network used by banks and financial institutions globally for quick and faultless exchange of information pertaining to financial transactions.  SWIFT was founded in the […]

In News  Recently, Securities and Exchange Board of India (SEBI) noted that the National Stock Exchange (NSE) was a systemically important market infrastructure institution (MII). Background  The National Stock Exchange (NSE), the country’s largest equities and derivatives exchange, was fined earlier this month for laxity in governance pertaining to actions taken during the tenure of […]

In News The latest edition of Munich Security Conference assumed significance as it was here that the Ukrainian President appealed for help ahead of the Russian invasion. Background The security conference set up by an anti-Hitler German has come a long way over the last six decades. Munich gained a grim reputation during the 1973 […]

In News Recently, the Cabinet approved implementation of Ayushman Bharat Digital Mission with a budget of ?1,600 crore for five years. About The National Health Authority (NHA) will be the implementing agency.  The pilot of the ABDM was completed in the six Union Territories of Ladakh, Chandigarh, Dadra & Nagar Haveli and Daman & Diu, […]