Current Affairs viable of 25 February 2023

Daily GK Current Affairs News is viable on 25 February 2023. – Here are the Regular current affairs viable of 25 February 2023 covering the following news headlines: “Neutral Citations”, Barisu Kannada Dim Dimava, RTI released data, first digital citizen, FATF suspends Russia, India, Guyana ink pact.

Daily Current Affairs updates are incorporated with the critical news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of important information held all day. One should have complete knowledge of banking terms, current affairs news, etc.

So, here is the GK update of 25 February 2023 to help you prepare the Current affairs part. After reading this section, you can successfully attempt the current affairs quiz.

Here current affairs have been categorized which is as follows

• International News
• National News
• State News
• Banking News
• Awards News

International News

1. World Bank announces $2.5 billion in additional Ukraine aid on war anniversary

• The World Bank announced $2.5 billion in additional grant funding from the US Agency for International Development (USAID) to support Ukraine’s budget and maintain essential services.
• The latest funding under the World Bank’s Public Expenditure for Administrative Capacity Resilience in Ukraine (Peace) project raises the total to $20.6 billion and allows Kyiv to continue core government functions while paying pensions and supporting the internally displaced and would support wages in sectors such as health and education.

2. Pakistan receives $700 mln in funds from China

• Pakistan’s Finance Minister Ishaq Dar said his country has received $700 million in funds from the China Development Bank.
• The deposit comes as Pakistan has been struggling with its external debt and has barely enough dollars to cover less than three weeks’ worth of imports. Finance Minister Ishaq Dar referred to the deposit as a “lifeline” for Pakistan.
• The loan will bolster the country’s diminishing foreign exchange reserves, and the money is expected to arrive at the State Bank of Pakistan this week.
• The coalition government has been trying to increase the country’s foreign exchange reserves, which currently stand at $3.25 billion as of February 17.

3. Bill Gates Buys Stake in Heineken for $902 Million

• Bill Gates has acquired a minority stake in Heineken Holding NV, the controlling shareholder of the world’s second-largest brewer, for approximately $902 million.
• The Microsoft founder and philanthropist took a 3.8% stake in Heineken Holding, according to a filing by Dutch regulator AFM.
• He bought 6.65 million shares in Heineken Holding in his personal capacity and another 4.18 million shares through the Bill & Melinda Gates Foundation Trust.

4. India, Guyana set to ink pact on oil &gas sector

• India and Guyana have agreed to cooperate in the oil and gas sector, including long-term crude purchases from the South American country and investment in its upstream sector.
• Oil Minister Hardeep Singh Puri called on the President of Guyana, Mohammed Irfan Ali.
• The leaders agreed on direct government-to-government cooperation across the entire spectrum of the oil and gas sector, including long-term growth, participation in exploration and production activities in Guyana, technical cooperation in the midstream and downstream sectors, and capacity building.

5. Financial crime watchdog FATF suspends Russia’s membership due to Ukraine conflict

• The Financial Action Task Force (FATF), a global organization that monitors financial crime, suspended Russia’s membership after finding Moscow’s (Russia) conflict in Ukraine violated FATF principles.
• The FATF is an intergovernmental organization created to fight money laundering and the financing of terrorism by setting international standards and monitoring their adherence by nations.
• Ukraine applauded the FATF’s decision to suspend Russia but added that it would continue to work with FATF members to further penalize and blacklist Moscow.

6. A 7-year-old Prince from Bhutan becomes the first digital citizen of the country

• Bhutan has taken a step towards modernizing its digital infrastructure.
• The Himalayan kingdom just got its first digital citizen.
• Bhutan National Digital Identity (NDI) Mobile Wallet Royal Highness the Gyalse (Prince) Jigme Namgyel Wangchuck has become the first digital citizen of Bhutan.
• The system in question uses state-of-the-art technology to provide citizens with secure and verifiable credentials that can prove their identity.

National News

7. PM Modi Inaugurated the ‘Barisu Kannada Dim Dimava’ Festival

• Prime Minister Narendra Modi inaugurated the ‘Barisu Kannada Dim Dimawa Cultural Festival’ on 25 February 2023 at Talkatora Stadium in Delhi. Prime Minister Modi addressed the gathering on the occasion.
• The ‘Barisu Kannada Dim Dimva cultural festival is being organized to celebrate the culture, traditions, and history of Karnataka.
• This is in line with the Prime Minister’s vision of ‘Ek Bharat Shreshtha Bharat’.
• Being organized under the aegis of Azadi Ka Amrit Mahotsav, the festival will provide an opportunity for hundreds of artists to showcase the cultural heritage of Karnataka through dance, music, drama, and poetry.

8. RTI released data, and 60% of voters linked Aadhaar to voter ID

• According to the Election Commission of India (ECI), more than 60% of India’s 94.5 crore voters have connected their Aadhaar numbers to their voter IDs.
• There are 56,90,83,090 voters who are linked to their Aadhaar overall.
• With almost 92% of voters in the State providing their Aadhaar information to the Election Commission, Tripura had the highest rate of Aadhaar linking during last week’s elections.
• Some of these voters may have submitted Form 6B, which the EC introduced last year, with papers other than Aadhaar, such as PAN, a driver’s license, or a passport.

9. CJI DY Chandrachud Launched “Neutral Citations” For All Supreme Courts

• The Chief Justice of India DY Chandrachud announced that the Supreme Court has launched “neutral citations” of judgments to ensure a uniform pattern of citing its decisions.
• Earlier, the Supreme court informed that steps had been taken for the introduction and implementation of a uniform, reliable and secure methodology for identifying and citing decisions in the apex court, namely the neutral citations system, to ensure a uniform pattern of citing all decisions of the top court.
• The Chief Justice of India informed that they have launched neutral citations. All judgments of the court will have neutral citations,” adding that around 30,000 verdicts of the apex court would have neutral citations.

State News

10. Kerala becomes the first state to use robotic scavengers to clean manholes

• The Kerala government has launched a robotic scavenger, “Bandicoot”, to clean sewage in the temple town of Guruvayur, becoming the first state in the country to use robotic technology to clean all its operational manholes.
• Water Resources Minister Roshi Augustine launched Bandicoot under the Guruvayur sewerage project in Thrissur district by the Kerala Water Authority (KWA) as part of the state government’s 100-day action plan.
• The robotic Tron ​​unit, which is the key component of the Bandicoot, enters the manhole and removes sewage using robotic hands, similar to the limbs of a man, the release said, adding that the machine has waterproof HD vision cameras and sensors. that can detect harmful gases inside.

11. Uttarakhand govt inks deal for ropeway at Yamunotri Dham

• The Uttarakhand government has signed a contract to construct a 3.38 km ropeway from Janki Chatti in Kharsali to Yamunotri Dham.
• To be built at a cost of Rs 166.82 crore, the ropeway will cut down the travel time from the current 2-3 hours to just 20 minutes.
• At present pilgrims have to trek for 5.5 km to reach Yamunotri Dham from Kharsali.
• The contract was signed by Uttarakhand Tourism Development Board with two private construction companies, namely SRM Engineering Solutions Pvt. Ltd. and FIL Industries Pvt. Ltd. in the presence of Chief Minister Shri Pushkar Singh Dhami.

Banking News

12. RBI imposes restrictions on 5 cooperative banks

• The Reserve Bank of India imposed several restrictions on five cooperative banks, including withdrawals, in view of the deteriorating financial condition of the lenders.
• The Reserve Bank of India (RBI) said in separate statements that the restrictions would remain in place for six months.
• With restrictions, the bank cannot, without the prior approval of the RBI, grant loans, make any investments, incur any liabilities, and transfer or otherwise dispose of any of its assets.

Awards News

13. SS Rajamouli’s RRR wins the ‘Best International Film’ award at HCA

• SS Rajamouli’s directorial venture ‘RRR’ has won the ‘Best International Film award at the Hollywood Critics Association Film Awards.
• Film director Rajamouli and actor Ram Charan accepted the award with joy and pride. It has also won three more awards at the HCA Film Awards.
• Before bagging the ‘Best International Film award, ‘RRR’ won three awards at the HCA – ‘Best Action Film’, ‘Best Stunts’, and ‘Best Original Song’.

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