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DAILY DOSE 20th FEB -2024 CURRENT AFFAIRS
History: 20th February
- In 1935, Caroline Mikkelsen became the first woman to step foot in Antarctica.
- In 1947, Lord Mountbatten was appointed the last viceroy of India to oversee independence.
- In 1987, Arunachal Pradesh and Mizoram became states of India.
- 1947, 20th Feb: British Prime Minister Clement Attlee announced that Britain would leave India by June 1948.
- 1976, 20th Feb: Bombay High Field commenced the production of crude oil for commercial use.
1) Ongoing Disinflation : RBI
- Reserve Bank of India (RBI) governor recently said recurring food price shocks and renewed flash points on the geo-political front pose a challenge to the ongoing disinflation process.
- Disinflation is a decrease in inflation rates.
- A decline in the rate of increase in the general price level of goods and services in the gross domestic product (GDP) of a country over time is called disinflation.
- Unlike inflation and deflation, which refer to the direction of prices, disinflation refers to the rate of change in the rate of inflation.
- Disinflation is not considered problematic because prices do not actually drop, and disinflation does not usually signal the onset of a slowing economy.
2) Debt Recovery Tribunal:
- The Department of Financial Services secretary chaired a conference of heads of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery of Tribunals (DRTs) in New Delhi.
- The Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs) were established under the Recovery of Debts and Bankruptcy Act (RDB Act), 1993.
- These are established to provide expeditious adjudication and recovery of debts due to Banks and Financial Institutions.
- At present, 39 Debts Recovery Tribunals (DRTs) and 5 Debts Recovery Appellate Tribunals (DRATs) are functioning across the country.
3) Development And Promotion Of Jute Industry : Report
- The Standing Committee on Labour, Textiles and Skill Development has presented the Fifty-Third Report on ‘Development and Promotion of Jute Industry’.
- Key Highlights of the Report:
- The Jute industry occupies an important place in the national economy of India. It is one of the major industries in the eastern region, particularly in West Bengal.
- Jute, the ‘golden fibre’, meets all the standards for ‘safe’ packaging in view of being a natural, renewable, biodegradable and eco-friendly product.
- India is a major player in global jute production, contributing 70% of the world’s jute output.
4) Jnanpith Award 2023:
- The Jnanpith selection committee announced that the 58th Jnanpith Award will be given to two writers, Sanskrit scholar Jagadguru Rambhadracharya and Urdu poet and lyricist Gulzar, for 2023.
Gulzar:
- Gulzar (Sampuran Singh Kalra) was born on 18th August 1934, in the village of Dina, Jhelum district of undivided India.
- He is one of the most respected names not just in cinema but also in literary circles. He is considered one of the finest Urdu poets of his era.
- Gulzar received the Sahitya Akademi Award (2002) for Urdu, the Dadasaheb Phalke Award (2013), the Padma Bhushan (2004), and the National Film Awards for his works.
Jagadguru Rambhadracharya:
- Jagadguru Ramanandacharya, is a polyglot, Hindu spiritual leader, educator, poet and writer. He was born in 1950 in Jaunpur, Uttar Pradesh and speaks 22 languages.
- Rambhadracharya is a poet and writer in several Indian languages, including Sanskrit, Hindi, Awadhi, and Maithili.
- He has written more than 240 books and texts in various Indian languages and received the Padma Vibhushan in 2015.
- Arundhatī, Aṣṭāvakra, Avadha Kai Ajoriya and Dashavtar are some of the literary works composed by Rambhadracharya.
- He is the founder and head of Tulsi Peeth in Chitrakoot, Madhya Pradesh
Jnanpith Award:
- The Jnanpith Award is India’s oldest and highest literary award.
- It’s given annually to an author for their “outstanding contribution towards literature”.
- The award was established in 1961 and first awarded in 1965.
- The Award considers both English and other Indian languages. However, eligibility is restricted to Indian citizens. It is not given posthumously.
- It is presented by Bharatiya Jnanpith to recognize outstanding contributions to Indian literature.
- Bharatiya Jnanpith, established in 1944 by Sahu Shanti Prasad Jain and his wife Rama Jain, is a prestigious literary and research organization headquartered in New Delhi, India.
- Awardees receive a cash prize of Rs 11 lakh, a statue of Vagdevi, and a citation, honouring their literary achievements.
5) Mandatory Registration Of Marriages:
- The Law Commission’s 287th report proposes mandatory registration of marriages involving Non-Resident Indians (NRI) and Overseas Citizens of India (OCI) to address the challenges faced by Indian women deserted by their NRI or OCI spouses.
- The report suggests revisions to the pending Registration of Marriage of Non-Resident Indians Bill, 2019, to include OCIs and enforce new provisions.
- These provisions cover penalties for failure to register divorce, maintenance, child support, and non-compliance with legal procedures.
- The recommendation aims to combat fraudulent marriages and provide legal recourse for women vulnerable to abandonment or exploitation.
6) Sora : GenAI Model
- OpenAI has introduced Sora, a new generative artificial intelligence (GenAI) model capable of converting text prompts into videos up to a minute long with maintained visual quality and adherence to user instructions.
- Sora can create complex scenes with multiple characters, accurate details, and vibrant emotions.
- It still faces challenges with more complex prompts.
7) Cholera Hit Zambia:
- India on Saturday sent medical and material assistance to Zambia as the southern African country.
- Zambia has been asking for more medical help to deal with the situation that has been described as a “cholera emergency”.
- Zambia is alandlocked country at the crossroads of Central, Southern and East Africa.
Cholera:
- Cholera is a bacterial disease usually spread through contaminated water.
- A bacterium called Vibrio cholerae causes cholera infection.
- The deadly effects of the disease are the result of a toxin the bacteria produces in the small intestine.
8) Exercise Vayu-Shakti in Pokhran:
- Indian Air Force demonstration exercise Vayu-Shakti 2024 was held at the Pokhran Range near Jaisalmer in Rajasthan.
- The exercise showcased the IAF’s offensive and defensive capabilities across the day and night.
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