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DAILY DOSE 20th FEB -2024 CURRENT AFFAIRS

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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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