Daily Current Affairs, 25th March 2021 - VISION

Material For Exam

Recent Update

Friday, March 26, 2021

Daily Current Affairs, 25th March 2021

 


1)  International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade

•International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is observed annually on 25th March every year. This day offers the opportunity to honour and remember those who suffered and died at the hands of the brutal slavery system. International Day also aims to raise awareness about the dangers of racism and prejudice today.


2)  World TB Day 2021: Kerala’s TB eradication programme bags national honour

•Kerala’s tuberculosis eradication programme had won national honour as the state bagged the Union government’s award for reducing the prevalence of the disease through various systematic initiatives. Kerala is the only state had chosen for recognition in the state category.


•The southern state has reduced the TB prevalence rate by 5 per cent in the last five years as part of achieving sustainable development goals. The nation has set an ambitious goal to achieve “End Tuberculosis” by reducing the incidence of new TB cases by 80% by 2025, five years ahead of UN Sustainable Development Goals.


3)  International Day of Solidarity with Detained and Missing Staff Members

•The International Day of Solidarity with Detained and Missing Staff Members is observed annually on 25 March by the United Nations. The day is marked each year on the anniversary of the abduction of Alec Collett, a former journalist who was working for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) when he was abducted by armed gunman in 1985. His body was finally found in Lebanon’s Bekaa Valley in 2009.


4)  Sri Lanka inks 3 year USD 1.5 billion currency swap deal with China

•Sri Lanka has signed a 10 billion yuan (about USD 1,5 billion) currency swap deal with China with the main motive to promote bilateral trade and direct investment between the two countries. The agreement signed between the Central Bank of Sri Lanka and the People’s Bank of China is valid for three years. China remains Sri Lanka’s largest source of imports. In 2020, imports from China amounted to USD 3.6 billion, or just over 22 per cent of Sri Lanka’s imports.


5)  World’s first Ship Tunnel to be built in Norway

•The Norwegian Coastal Administration has received the green signal to start working on the construction of the world’s first tunnel, being built exclusively for ships. The tunnel is dubbed as “Stad Ship Tunnel” and would be built under the mountainous Stadhavet peninsula in northwestern Norway.


6)  Fitch Ratings Projects India’s GDP to 12.8% for FY22

•American credit rating agency, Fitch has revised India’s GDP growth estimate for the fiscal 2021-22 to 12.8%, from its previous estimate of 11%, in its latest Global Economic Outlook (GEO). The improvement in GDP rate is based on factors like a stronger carryover effect, a looser fiscal stance, and better virus containment. Also, for the fiscal year 2022-23, Fitch expects GDP growth at 5.8%.


7)  India ranks 40th on International Intellectual Property Index

•India ranked 40 among 53 global economies on the latest annual edition of the International Intellectual Property (IP) Index released. The US Chamber of Commerce Global Innovation Policy Centre (GIPC), the Index evaluates Intellectual Property rights in 53 global economies from patent and copyright policies to commercialisation of IP assets and ratification of international treaties.


8)  Indian Overseas Bank launches ‘IOB Trendy’ savings account

•Indian Overseas Bank (IOB) has launched ‘IOB Trendy’, a savings account customised for the growing millennial population in the country by keeping their banking preferences in mind. IOB Trendy is a Savings Bank Account Scheme introduced by the bank towards this endeavour.


9)  A book titled ‘My Experiments with Silence’ authored by Samir Soni

•The book “My Experiments with Silence” is authored by Samir Soni on anxiety and self -discovery. Soni’s book aims to be a personal account of his dialogues with himself during his growing-up years in Delhi, his stint at Wall Street and his time in Bollywood. The book will be published by OM Books International. Soni said his book will be an “ode to anyone who has fought or is fighting their inner demons”.


10)  CJI SA Bobde recommends Justice NV Ramana as his successor

•Chief Justice of India (CJI) SA Bobde has recommended Justice NV Ramana’s name as his successor after he retires next month. CJI Bobde is set to retire on 23 April. In a letter to the Law Ministry, CJI SA Bobde recommended Justice Ramana as his successor. Justice NV Ramana is the most senior judge in the apex court after CJI Bobde. On appointment, Justice NV Ramana will be the 48th Chief Justice of India and he will have a long tenure as CJI for over 16 months.


•The Centre had last week asked CJI Bobde to recommend his successor. Union Minister Ravi Shankar Prasad had reportedly sent a letter to Justice Bobde, seeking his recommendation, as is the practice under the Memorandum of Procedure for Appointment of Chief Justice of India. The recommendation letter has to come around a month before the vacancy arises.