Daily GK Current Affairs viable of 1st March 2022

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Daily GK Current Affairs News viable of 1st March 2022. – Here is the Regular current affairs viable of 1st March 2022 covering the following news headlines: Mriya, Bilateral Swap Arrangement, International Olympic Committee, National Assessment and Accreditation Council.

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

So, here is the GK update of 1st March 2022 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Table of Contents

Here current affairs have been categorized which is as follows

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International News
Banking News
Sports News
Important Days
Obituaries News

International News

Japan and India renews the Bilateral Swap Arrangement (BSA)

Japan and India have renewed the Bilateral Swap Arrangement (BSA) with a size of up to USD 75 billion. The BSA is a two-way arrangement where both the authorities can swap their local currencies in exchange for the US dollar.
The interest rate charged in this case is fixed at the time of signing the agreement and hence it reduces the risk due to exchange rate fluctuations.
The Real Bilateral Swap Arrangement (BSA) was signed between the Bank of Japan and the Reserve Bank of India in 2018.

Important takeaways for all competitive exams:

Japan Capital: Tokyo;
Japan Currency: Japanese Yen;
Japan Emperor: Naruhito;
Japan Prime minister: Fumio Kishida.

IOC Withdraws Top Olympic Honour From Vladimir Putin

The International Olympic Committee has stripped Russian President Vladimir Putin of the Olympic Order award in response to the invasion of Ukraine. The International Olympic Committee urged sports federations and organizers to exclude Russian and Belarusian athletes and officials from international events following Russia’s invasion of Ukraine.
Russia’s participation in next month’s World Cup play-offs is also in doubt as FIFA’s plan to allow them to play on neutral territory was dismissed as “unacceptable” by rivals. The IOC last week urged all international sports federations to cancel upcoming events in Russia, angered by Moscow violating the “Olympic truce” with its attack on Ukraine.

Russia destroyed the largest plane in the world ‘Mriya’

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Russian invasion to Ukraine, Russia destroyed the largest plane in the world called “Ukraine’s Antonov-225 cargo plane”.
The plane was destroyed outside Kyiv. According to weapons manufacturer Ukroboronprom, restoring “AN-225 Mriya” would cost over USD 3 billion and could take over five years.
The aircraft was unique to the world. The An-225 aircraft was located at Hostomel Airport when Russia launched an attack on the Ukrainian airport on February 24, 2022. It was destroyed on February 27.
The aircraft was designed to airlift Energia rocket’s boosters and Buran-class orbiters for Soviet space program. It was developed to replace the Myasishchev VM-T.
The original mission and objectives of An-225 are almost similar to that of the United States’ Shuttle Carrier Aircraft. The lead designer of the An-225 was Viktor Tolmachev.
It was 84 meters long and could transport up to 250 tonnes of cargo at a speed of 850 kilometres per hour.

Banking News

Bank of Maharashtra launches “Project Banksakhi” in Odisha

Public Sector Lender, Bank of Maharashtra (BOM) has announced the launch of “Project Banksakhi” in Odisha in association with Mahagram and Subinvestment India Finance Services Pvt Ltd. Ltd. to open bank account online. It will provide door-to-door and hassle free access to the people of Odisha to open bank accounts.
The people of Odisha are using our innovative customer-friendly financial services and enjoying the best customer experience across digital and physical touchpoints.
Bank of Maharashtra is catering to the banking needs of its over 20 million customers by offering a spectrum of banking products and financial services covering retail, agriculture and MSME sectors.
Apart from its physical distribution channels, the Bank provides various digital platforms like Mobile Banking, Internet Banking, AEPS, ATM-Debit Cards, 24×7 Customer Care Center to its customers to access seamless banking services.

Sports News

Pooja Jatyan became 1st Indian to win a silver in Para Archery World Championships

Para-archer, Pooja Jatyan has created history as she became the first Indian to win a silver in an individual section of the Para World Championships in Dubai, United Arab Emirates. She lost to Italy’s Patrilli Vincenza in the final and was satisfied with the silver medal.
India ended its campaign with two silver medals, a first for the country. India has won 2 silver medals for the first time in the Para Archery World Championships. The mixed mixed pair of Shyam Sundar Swamy and Jyoti Baliyan had earlier opened India’s account by winning the silver medal.

Important Days

Janaushadhi Diwas week to be observed from 1st March to 7th March

The Ministry of Chemicals and Fertilizers will organize Janaushadhi Diwas from 1st March to 7th March 2022. 4th Jan Aushadhi Diwas will be celebrated on 7th March 2022. Theme of 4th Janaushadhi Day: “Jan Aushadhi – People’s Useful”.
The government has set a target to increase the number of Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) to 10,500 by the end of March 2025.
To create awareness about the use of generic drugs and the benefits of Jan Aushadhi Project. Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) was launched in November 2008 by the Ministry of Chemicals and Fertilizers, Government of India to provide quality generic medicines at affordable prices to all.

International Women’s Day Week begins

The Ministry of Women and Child Development celebrates International Women’s Day week as a prestigious week from 1st March till 8th March as a part of Azadi Ka Amrit Mahotsav.
As a part of the week-long celebration, the ministry will organize various programs and social media campaigns covering various topics related to women’s safety and empowerment.
It will mark an occasion to celebrate the progress made towards achieving gender equality and women’s empowerment, but also to reflect critically on achievements and strive for greater momentum towards gender equality.
It will start tomorrow in collaboration with Bureau of Police Research and Development to raise awareness about safety and security of women.

Zero Discrimination Day observed on 01st March

The Zero Discrimination Day is held every year on the 1st of March. The day aims to ensure right to equality, inclusion and protection of all people without any discrimination in their law and policies to live a full life with dignity regardless of any barriers.
Zero Discrimination Day highlights how people can become informed about and promote inclusion, compassion, peace and, above all, a movement for change.
Zero Discrimination Day is helping to create a global movement of solidarity to end all forms of discrimination. The theme of Zero Discrimination Day 2022: “Remove laws that harm, create laws that empower”, UNAIDS is highlighting the urgent need to take action against discriminatory laws.
Zero Discrimination Day was first celebrated on March 1, 2014, and was launched by UNAIDS Executive Director at Beijing after UNAIDS launched its Zero Discrimination Campaign on World AIDS Day in December 2013.

Obituaries News

Legendary West Indies spinner Sonny Ramadhin passes away

West Indies spin legend, Sunny Ramadhin has passed away at the age of 92. He was part of the team that won its first series in England in 1950. He made his Test debut in 1950 against England at Old Trafford.
Ramadhin played 43 Tests and took 158 wickets at an average of 28.98. Ramadhin played 184 first-class matches and took 758 wickets at an average of 20.24. After retiring from the sport in the late 1960s, he moved to England.