NATIONAL UPDATES:
1. India’s lunar mission Chandrayaan-3
achieves new milestone: India’s lunar mission, Chandrayaan-3 has successfully
underwent Electro-Magnetic Interference/ Electro-Magnetic Compatibility
(EMI-EMC). EMI-EMC test: It is conducted for satellite missions to ensure
the functionality of the satellite subsystems in the space environment.It also
ensures compatibility with the expected electromagnetic levels.The test was
conducted by the ISRO at U R Rao Satellite Centre, Bengaluru. The
performance of the systems was satisfactory.
2. North India's first nuclear power
plant to be set up in Gorakhpur, Haryana: Union MoS, Science and Technology, Jitendra
Singh announced that North India's first nuclear power
plant would be set up in Gorakhpur in Fatehabad district, Haryana. The
plant will be built on 560 hectares of land. Aim: To generate 2800 MW The first
phase will be completed by 2025 and
the second by 2028. As the second phase completes, the plant will be fully
operational to generate 2800 MW. The project will be built at an estimated
cost of Rs 20,594 crores.
3. MEA launches 'mPassport Police App': The Ministry of
External Affairs (MEA) has launched the 'mPassport Police
App' to streamline and expedite the police verification process for
passport issuance. Union Home Minister Amit Shah launched the App during
the 76th Raising Day Parade of Delhi Police. The mPassport Police App will
cut the verification time period to 5 days. He also dedicated 350 mobile
Tablets to personnel of the Delhi Police Special Branch, on the occasion of the
force's Raising Day.
4. Govt approves Rs 30.40 cr
‘Sensor-based Smart Agriculture’ project: Jammu and Kashmir's government has approved
Rs 30.40 crore for the Sensor-based Smart Agriculture project. It aims
to integrate agriculture with technology driven by Artificial
Insemination and IoT to automate practices, enhance resource use efficiency,
and improve profitability. The project would enable the use of Hi-tech
poly houses to cultivate cash crops around the year. In J&K, over 70%
of the economy is based on agriculture.
INTERNATIONAL UPDATES:
1. India-Uzbekistan biennial military
Ex-DUSTLIK 2023 begins in Uttarakhand: The 4th edition of the biennial training Ex DUSTLIK
2023, between the Indian Army and Uzbekistan Army is being
conducted in Pithoragarh, Uttarakhand from 20th February to 5th March
2023 Aim: To enhance the military capability to undertake multi-domain
operations in a Sub Conventional scenario The 14th Battalion, the GARHWAL
RIFLES, part of Western Command represented the Indian contingent The
troops of the North Western Military District represented the Uzbekistan Army
OTHER UPDATES:
BANKING AND FINANCE
1. RBI issues final guidelines on
interest rate risk in banking book: The RBI issued the final guidelines on Interest Rate Risk (IRR) in the
Banking Book. Banks use this to measure, monitor, and disclose their
exposure to IRRBB, which may impact the capital base and future
earnings of lenders. IRRBB: The current or prospective risk to banks'
capital and earnings arising from adverse movements in interest rates that
affect their banking book positions. Excessive IRRBB: Risk to banks'
current capital base and/or future earnings
AWARDS AND HONOURS
1. Austin Butler wins the Best Actor
award at the 76th BAFTA Awards: Austin Butler won the 76th British Academy Film Awards (BAFTA)
Awards 2023 in the Best Leading Actor category for Elvis. Cate
Blanchett won the Best Leading Actress Award for her performance in
TÁR. A German anti-war drama, ‘All Quiet on the Western Front’ won
a maximum of seven awards including Best Film and Director. This
movie is a screen adaptation of the 1928 novel by Erich Maria Remarque. ‘The Banshees
of Inisherin’ and ‘Elvis’ both movies won four BAFTA awards.
1. Poet V Madhusoodanan Nair receives
Jnanappana award 2023: A noted writer, V Madhusoodanan Nair has been selected
for Jnanappana Puraskaram 2023 for his contribution to the field
of literature. The award consists of a Rs 50,001 cash prize,
a 10-gram gold locket with an image of Sree Guruvayoorappan, a
citation, and a memento. Guruvayur Devaswom in memory of ‘Poonthanam
Namboothiri’, the ardent devotee of Guruvayoorappan, who wrote Jnanappana, instituted
this award. The award will be presented on February 24, 2023.
OBITUARIES
1. Actor Nandamuri Taraka Ratna passes
away: Noted Actor and
Politician, Nandamuri Taraka Ratna passed away at the age of 39 due to
cardiac arrest in Bengaluru, Karnataka. He was the grandson of the former
Chief Minister of Andhra Pradesh and founder of the TDP, N.T. Rama Rao. He made
his debut with Okato Number Kurraadu (2002) followed by Yuva Rathna (2003),
Taarak (2003), and Bhadradri Ramudu. He was also awarded the Nandi Award 2009
for Best Villain in Amaravathi.
1. Legendary manga artist Leiji Matsumoto passes away: Legendary manga artist, Leiji Matsumoto passed away at age 85 due to acute heart failure in Tokyo, Japan. His manga works Galaxy Express 999 and Space Pirate Captain Herlock were adapted into television anime series in the 1970s and became huge hits in and outside Japan. Many of his manga was in the "battlefield comics" genre with more than 150 stories depicting the tragedy of war. Mangas are comics or graphic novels originating from Japan.
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