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Daily Current Affairs of 25th February 2018
International Current Affairs
- India was ranked 81st among 180 countries in Transparency International's Corruption Perception Index (CPI) 2017.
- India has dropped by two ranks from 79th slot in CPI 2016.
- Top 5 in the List :
- New Zealand
- Denmark
- Finland
- Norway
- Switzerland
- China's ruling Communist Party today proposed a constitutional reform to allow President Xi Jinping to stay in office indefinitely.
- The party came up with a proposal to remove a clause limiting presidential service to two terms in office.
National Current Affairs
- During his monthly address on Mann Ki Baat, Prime Minister Narendra Modi today announced that the newly-launched GOBAR-Dhan scheme would make the farmers more self-reliant apart from converting ‘waste to energy.’
- About GOBAR-Dhan Scheme :
- GOBAR-DHAN : Galvanizing Organic Bio-Agro Resources Dhan
- Union Human Resource Development Minister Prakash Javadekar today announced that the NCERT syllabus will be reduced to half from the 2019 academic session.
- The move is aimed at ensuring that students get time to pursue other activities for their all-round development.
Deaths
- Veteran Bollywood actress Sridevi (54) passed away in Dubai.
- Sridevi was last seen in the movie MOM produced by her husband Boney Kapoor.
Science & Technology
- The Defence Research and Development Organisation (DRDO) successfully ran a test flight of India-made Rustom 2, which is developed along the lines of US' Predator drones.
- With a 24-hour flying capacity, Rustom 2 can conduct sustained surveillance and carry weapons along with surveillance equipment.
- Indian multinational information technology (IT) provider, Tech Mahindra has set up a lab in Bengaluru in association with US chipmaker Intel to prepare for 5G services.
- The company expects to roll out 5G services by 2019.
Banking, Business & Economic Affairs
- Following the PNB fraud, the Reserve Bank of India (RBI) has asked banks to integrate SWIFT interbank messaging system with Core Banking Solution (CBS) by April 30.
- SWIFT network is used by financial institutions worldwide to securely transmit information and instructions using a system of codes.
- CBS is a software that supports the daily transactions and accounts within a bank internally.
- Finance Minister Arun Jaitley has ruled out privatisation of public sector banks as a response to the $1.77-billion PNB fraud.
- Note : Industry bodies Assocham and FICCI and businessmen including Adi Godrej and Rahul Bajaj had called for privatisation.
- To protect domestic producers, the Indian government has imposed an anti-dumping duty on import of ceramic tableware and kitchenware from China for five years starting June 2017.
- They will attract an anti-dumping duty of $1.04 (₹67.3) per kg, making the imports expensive.
- Note : An anti-dumping duty is a tariff imposed on imports that are priced below fair market value.
Sports Current Affairs
- The 2018 Winter Olympics concluded in Pyeongchang, South Korea.
- Norway ended the event as the top medal-winning nation with 14 gold, 14 silver, and 11 bronze medals.
- Germany ended the event at the second position with 14 gold, 10 silver, and seven bronze medals.
- India was represented by two male athletes, who competed in the luge and cross-country skiing events.
- India's first woman International Olympic Committee member Nita Ambani presented medals to the top two finishers of Alpine Skiing team event.
- Important Details of Winter Olympics 2018
- Motto : Passion, Connected.
- Officially Opened by : Moon Jae-in (President of South Korea)
- Participated Nations : 92
- Total Events : 102
- Total Sports : 15
- Starting Date : 9th February
- End Date : 25th February
- Top Medal Winning Nation : Norway
- Reigning Commonwealth Games champion Parupalli Kashyap won the Men's singles title in the Austrian Open International Challenge 2018 by defeating Malaysia's June Wei Cheam.
- This is Kashyap's first international title in over three years.
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