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Top Current Affairs of the Week (31 Feb - 06 Jan 2021)

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Top Current Affairs of the Week (31 Feb - 06 Jan 2021) www.gradeup.co Top Current Affairs of the Week (31 Feb - 06 Jan 2021) BCCI cancels Ranji Trophy for first time in 87 years • Board of Control for Cricket in India (BCCI) will not conduct Ranji Trophy in 2020-21. • This will happen for the first time in 87 years since its inception in 1934-35, that India’s premier first-class cricket national championship will not be held in domestic season. • Instead on Ranji Trophy, BCCI has decided to conduct Vijay Hazare Trophy 50-over tournament and Senior Women’s One Day tournament after the completion of the Syed Mushtaq Ali Trophy T20 tournament. Telegram Groups NDA & Other Exams: https://t.me/joinchat/TX7hKUXmUvKsOL5IFHsbRA CDS & Defence Exams: https://t.me/joinchat/TX7hKVbSbpp5PDJuRccltw Air Force X & Y: https://t.me/GradeupAirforce 5th Joint Meeting of the India-Japan Act East Forum • Fifth joint meeting of India-Japan Act East Forum (AEF) was held in New Delhi. • It was co-chaired by Foreign Secretary Harsh Vardhan Shringla, and Suzuki Satoshi, Ambassador of Japan to India. • AEF was established in 2017 to provide a platform for India-Japan collaboration in North Eastern Region under India’s Act East Policy and Japan’s vision for Free and Open Indo-Pacific trade • During 5th meeting, AEF reviewed progress of ongoing projects in North Eastern Region President launches Pulse Polio Programme for 2021 • President Ram Nath Kovind has launched Pulse Polio Programme for 2021 by administering polio drops to children less than 5 years old at Rashtrapati Bhawan. • It was administered to children on the occasion of Polio National Immunization Day (31st January 2021), also popularly known as Polio Ravivar. • Around 17 crore children below 5 years age will be given polio drops as part of this programme • WHO has given Polio-free certification to entire South-East Asia in March 2014 DEA and World Bank signs agreement for STARS project • Dept of Economic Affairs (DEA) along with Ministry of Education and World Bank has signed financial agreement for implementation of Strengthening Teaching-Learning and Results for States (STARS) project • Program envisions improving overall monitoring and measurement activities in Indian school education system through interventions in 6 States (Himachal Pradesh, Rajasthan, Maharashtra, MP, Kerala and Odisha) • It will be implemented as Centrally Sponsored Scheme. 1 www.gradeup.co PM addresses 125th anniversary celebrations of ‘Prabuddha Bharata’ • Prime Minister Narendra Modi addresses 125th anniversary celebrations of ‘Prabuddha Bharata’ on 31st Jan 2021. • It is being organized by Advaita Ashrama, Mayavati. • Prabuddha Bharata: It is a monthly journal of the Ramakrishna Order, started by Swami Vivekananda in 1896 from Chennai for spreading the message of India’s ancient spiritual wisdom. • In April 1899, its publication place was shifted to Advaita Ashrama and it has been continuously published from there since then. Oscar and Emmy Award winning actress Cloris Leachman passes away • Academy Award winning American actor Cloris Leachman (94 years) passed away in her sleep from natural causes, at her home in Encinitas, California. • She is one of the most decorated actors in American television history • She won eight Emmy Awards in her storied television career. • She has also won an Academy Award, a British Academy Film Award, a Golden Globe Award for her film career. World Economic Forum’s Common Trust Network • Union Health Minister Harsh Vardhan has virtually addressed the event on Restoring Cross Border Mobility by World Economic Forum’s Common Trust Network • It was launched by Commons Project Foundation and World Economic Forum in collaboration with a broad voluntary network of public and private stakeholders. • Common Trust Network is designed to empower individuals with digital access to their health information • WEF Headquarters: Cologny, Switzerland • Founder: Klaus Schwab BCCI Secretary Jay Shah takes over as President of ACC • Incumbent Secretary of Board of Control for Cricket in India (BCCI), Jay Shah has been appointed as President of the Asian Cricket Council (ACC) • He is the youngest person ever to be appointed to the office • He succeeded Nazmul Hassan Papon, who is Chief of Bangladesh Cricket Board (BCB) • ACC: Asia's regional cricket administrative body and it currently consists of 24 member. It is responsible for organizing the Asia Cup tournaments • ACC HQs: Colombo, Sri Lanka Prakash Javadekar launches 2021 as Indo-French Year of the Environment • Union Environment Minister, Prakash Javadekar along with his French counterpart, Barbara Pompili has launched Indo-French Year of the Environment in New Delhi. • Indo-French Year of the Environment is the Indo-French partnership on Environment, Biodiversity, Climate Change and other allied areas to be undertaken throughout 2021 2 www.gradeup.co • Aim: To strengthen Indo-French cooperation in sustainable development and global environment protection. • It will have 5 main themes. Nobel laureate Paul Crutzen passes away at 87 • Nobel Prize-winning chemist Paul J. Crutzen (87 years) passed away in Mainz, Germany • He was awarded with Nobel Prize in Chemistry in 1995, jointly with Mario J. Molina and F. Sherwood Rowland for their work in atmospheric chemistry, particularly concerning the formation and decomposition of ozone. • Apart from this, he was known for popularizing the term ‘Anthropocene’ to describe a proposed new era when human actions have a drastic effect on the Earth. Smriti Irani inaugurates 8th India International Silk Fair • Textiles Minister Smriti Irani has inaugurated 8th India International Silk Fair on Virtual Portal • It is India’s biggest silk fair, being held under one roof on Indian Silk Export Promotion Council • It is a 5 days event, where more than 200 overseas buyers have already registered and equal number of their representatives in India will be interacting with more than 100 renowned and big Indian companies. • India is the 2nd largest producer of Silk. Khelo India Zanskar Winter Sports and Youth Festival 2021 concludes • Khelo India Zanskar winter sports and youth festival has been concluded at Zanskar Valley of Ladakh. • It is a 13 day long and is a first of its kind was organized by Department of Sports & Youth Services under Khelo India banner in collaboration with Ladakh Tourism Department. • It showcased a host of outdoor activities and sporting events like ice hockey, snow skiing, yalk and horse riding, ice climbing and archery. Cabinet approves Budget for fiscal year 2021-22 • Cabinet has chaired by PM Narendra Modi has approved Budget for the fiscal year 2021-22 • Finance Minister Nirmala Sitharaman, MoS Finance Anurag Thakur and senior officials were present • Traditionally, copies of the Budget are brought to the Parliament complex before the Finance Minister arrives, this year no document has been printed following the COVID-19 • Budget copies will be disseminated electronically on govt website as well as being made available on special app Govt proposes to increase FDI cap in insurance sector to 74% • Govt has increased FDI limit from 49 to 74% in Insurance Companies and allowed foreign ownership and control with safeguards • Shares of six insurance companies added 3% to 5% after the central government proposed to amend Insurance Act to allow higher FDI in insurance companies • Under this, majority of Directors on Board and key management persons would be resident Indians, with at least 50% of Directors being Independent Directors, and specified percentage of profits VP M Venkaiah Naidu to inaugurate National Tribal Festival ‘Aadi Mahotsav’ 3 www.gradeup.co • Vice President M Venkaiah Naidu will inaugurate Aadi Mahotsav, a National Tribal Festival today at Dilli Haat in INA in Delhi. • It will continue till 15th February. • Aadi Mahotsav - A Celebration of the Spirit of Tribal Culture, Crafts, Cuisine and Commerce is a successful annual initiative that was commenced in 2017. • It was an attempt to familiarize the people with the rich and diverse craft, culture of the tribal communities across the country, in one place. World Wetlands Day: 02 February • World Wetlands Day (WWD) is observed every year on February 2 across the globe. • This day is celebrated to mark the date of the adoption of the Convention on Wetlands (February 2, 1971) in the Iranian city of Ramsar on the shores of the Caspian Sea. • World Wetlands Day was first commemorated in 1997. • WWD 2021 marks 50 years of adopting Convention on Wetlands. • Theme 2021: ‘Wetlands and Water’ • Wetlands: lands transitional between terrestrial and aquatic eco-systems. Uttarakhand sets up Botanical Garden to conserve trees of Shivalik range • Uttarakhand sets up first of its kind botanical garden named as ‘Shivalik Arboretum’ in Nainital for conserving over 210 species of trees found in Shivalik range of Himalayas • It will showcase information like scientific information about particular species, cultural significance, medicinal use, country of origin, type of habitat in which it is found and all possible uses including as timber, dyes. • Preserved trees: Kafal, Buransh, Tejpat and Sanjeevani Policy of Strategic Disinvestment announced • Union Finance Minister, Nirmala Sitharaman while presenting Union Budget FY 2021-22 has approved policy of strategic disinvestment of public sector enterprises • It consists of 2-fold sectors: o Strategic Sector: to be privatised or merged or subsidiarized with other CPSEs or closed. Ex: Atomic energy, Space and Defence, Transport, Banking, Insurance and financial
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