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February 27, 2018

26th February 2018 Events - Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (26th February 2018) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 26th February 2018

International Current Affairs
  • As part of the Vision 2030 social program launched by Crown Prince Mohammad bin Salman, the Saudi Arabia's General Security division today allowed women aged between 25 and 35 to apply for the rank of soldier
National Current Affairs
  • According to latest government data, women constitute only 7.28% of India's police force
    • This comes despite the government's repeated directions to all state governments and union territories to increase the strength of women police personnel to 33%. 
Science & Technology
  • For safe keeping of astronauts, the Indian Space Research Organisation (ISRO) has started working towards developing 'Igloos' on Moon, called the lunar habitats
    • The habitats will be built by sending robots and 3D printers to the Moon and using lunar soil. 
  • Indian Railways in collaboration with General Electric (GE) has inducted two Digitally Enabled Locomotives based on state of art insulated-gate bipolar transistor (IGBT) technology. 
    • The two HHP prototypes locomotives were wholly designed in India under Make in India program and manufactured under Public Private partnership (PPP) through MoU with GE.
Banking, Business & Economic Affairs
  • The Finance Ministry has released a list of nearly 9,500 Non-Banking Financial Companies (NBFCs) which have been categorised as 'High-Risk Financial Institutions'. 
    • Some of the companies are :
      • Adani Capital, 
      • Cello Capital, 
      • DLF Finvest etc.
  • The India Post Payments Bank (IPPB) has announced that it will start pan-India roll out of its network from April 2018, as India’s largest financial inclusion network
    • This will enable IPPB to provide digital payment services at doorstep with help of Postmen and Gramin Dak Sewaks (GDS). 
    • Note : IPPB will enable acceptance of digital payments across 1.55 lakh post offices across India.
MOUs & Agreements
  • The Union Government has inked $84 million loan agreement with Asian Development Bank (ADB) for improvement and expansion of water supply in Bhagalpur and Gaya towns in Bihar. 
  • The Andijan Region of Uzbekistan and India have signed an agreement for cooperation in the pharmaceutical industry.
    • According to this agreement, both sides will develop cooperation in implementation of program for production of pharmaceutical, bio-pharmaceutical products and medical equipment in the Andijan region of Uzbekistan.
  • The Punjab National Bank (PNB) has signed an agreement for information utility with National e-Governance Services Limited
    • The objective of the agreement is to augment the information infrastructure in India. 
    • Note : This agreement will enable storing of financial information that will help substantiate defaults and verify claims expeditiously.
  • India and Germany have inked MoU for “Implementation Agreement in Sustainable Urban Development and Smart Cities in India.
New Appointments
  • Rakesh Singh has been appointed as head of private banking at HDFC Bank
    • He will continue to head the bank's investment banking, capital markets and financial institutions businesses.
  • Cricket icon Sachin Tendulkar has been made the brand ambassador of the upcoming T20 Mumbai League.
  • Indian women's cricket team opener Smriti Mandhana was today named as the new brand ambassador of Bata's sport wear brand 'Power'.
  • The Muthoot Group has roped in Amitabh Bachchan as brand ambassador to represent them in their national campaigns.
Sports Current Affairs
  • Indian off-spinner Ravichandran Ashwin has been named the Captain of Kings XI Punjab ahead of the upcoming season of IPL. 
  • Indian shuttler Sameer Verma clinched the Men's singles title at the $150,000 Swiss Open Super 300 tournament
  • Indian boxer Vikas Krishan won a Gold medal and was named the best boxer of the tournament at the 69th Strandja Memorial boxing tournament in Bulgaria.
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