Defense
1. Indian Air Force to participate in Ex-Cobra Warrior at Waddington, UK
- A contingent of the Indian Air Force will participate in Exercise Cobra Warrior at the Waddington Air Force Base in the UK.
- The exercise is scheduled to be held from 6th -24th March 2023.
- It is a multilateral Air exercise in which Air Forces from Finland, Sweden, South Africa, the USA, and Singapore would also participate.
- In 2023, IAF is participating in the exercise with five Mirage 2000 fighters, two C-17 Globemaster, and an IL-78 mid-air refueller aircraft.
Defense
2. Indian Air Force contingent to participate in Exercise Desert Flag VIII
- The Indian Air Force (IAF) will participate in Ex-Desert Flag VIII, organized at the Al Dahfra airbase of the United Arab Emirates.
- The exercise will be scheduled from 27th February to 17th March 2023.
- The IAF has participated with five Light Combat Aircraft, LCA Tejas, and two C-17 Globemaster III aircraft.
- The Air Forces from UAE, France, Kuwait, Australia, the UK, Bahrain, Morocco, Spain, South Korea, and the USA would join this multilateral air exercise.
Honours & Awards
3. RRR wins four Hollywood Critics Association Film Awards 2023
- The RRR (Directed by SS Rajamouli) has won four awards at Hollywood Critics Association Film Awards 2023.
- The movie has received awards in Best Action Film, Best International Feature, Best Original Song (Naatu Naatu), and Best Stunts categories.
- The RRR has also been nominated for the Oscars 2023 in Best Original Song (Naatu Naatu).
- The song 'Naatu Naatu' has already bagged the prestigious awards Best Original Song award at the 80th Golden Globe Awards.
Science & Technology
4. Scientists discovered fifth inner core layer of the earth
- Australian National University's researchers are trying to reveal the fifth layer of the Earth.
- Seismic waves generated by earthquakes have revealed new insights about the deepest parts of Earth’s inner core.
- The team believes that presented evidence of a distinct layer inside Earth known as the innermost inner core
- This layer is a solid ‘metallic ball’ that sits within the center of the inner core
- So far, scientists believed that there are only four layers on the Earth
National Affairs
5. CJI DY Chandrachud to launch 'neutral citations' for SC judgements
- CJI D Y Chandrachud has launched the 'neutral citations' to ensure a uniform pattern of citing the decisions of the Supreme Court.
- Earlier, the apex court had taken various steps to implement a uniform, reliable, and secure methodology for identifying and citing decisions in the apex court.
- Other initiative: Electronic Supreme Court Reports (e-SCR) project, which is aimed to provide free access to about 34,000 judgments to lawyers, law students, and the common public.
International Affairs
6. FATF suspends Russia's membership over Ukraine war
- Financial Action Task Force (FATF) has suspended its membership in Russia as Moscow's war in Ukraine violated the organization's principles.
- FATF Core Principle: To promote security, safety, and the integrity of the global financial system
- FATF is an inter-governmental organization set up to combat money laundering and terrorism financing by setting global standards and checking if countries respect them.
- The FATF also added South Africa and Nigeria to its grey list.
National Affairs
7. Dr Bibek Debroy released the Foundational Literacy and Numeracy Report
- Dr. Bibek Debroy, Chairman of EAC-PM, released the Foundational Literacy and Numeracy report.
- Prepared by: Institute for Competitiveness
- Punjab has emerged as the top-performing state on education and health-related indicators.
- Delhi, Goa, Maharashtra, J&K, Kerala, Rajasthan, Sikkim, TN, and Puducherry were ranked as high-performing states and UTs.
- Meghalaya, D&N Haveli, Nagaland, Telangana, UP, Jharkhand, Arunachal Pradesh, and Ladakh were among underperformed
State Affairs
8. Kerala becomes first state to use robotic scavengers to clean manholes
- The Kerala government has become the first state in the country to use robotic technology to clean all its commissioned manholes.
- The robotic scavenger named 'Bandicoot'.
- It was launched under the Guruvayur Sewerage Project in Thrissur district by the Kerala Water Authority (KWA).
- It is a part of the 100-day action plan of the state government.
- It was developed by Kerala-based Genrobotics, which had recently bagged the 'Kerala Pride' award at the Huddle Global 2022.
International Affairs
9. Bangladesh, ISA sign agreement to increase use of solar energy
- Bangladesh's government signed an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in the country.
- The agreement was signed between the ISA Director General Ajay Mathur and the Bangladesh Power Division Secretary Md. Habibur Rahman.
- The agreement is to be implemented by December 2026.
- The government aims to generate 40% of its total energy through renewable sources by 2041 and to produce 4000 MW of solar power by 2030.
Banking & Finance
10. RBI caps savings account withdrawal limit to ₹5000 on these two banks
- The Reserve Bank of India has restricted the withdrawal limit to ₹5,000 for savings and current account customers of Uravakonda Co-operative Town Bank and Shankarrao Mohite Patil Sahakari Bank Ltd.
- Reason: Due to the poor liquidity position of these banks
- This restriction shall remain in force for a period of six months from the close of business on February 24, 2023.
- Without prior approval of RBI, these banks shall not grant or renew any loans and advances, etc.
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