9 PM Current Affairs Brief – February 27, 2019

RBI takes 3 banks off prompt corrective action framework The Reserve Bank of India (RBI) took three more banks out of the prompt corrective action (PCA) framework, following an improvement in the public-sector banks’ (PSBs) financial ratios after a fresh round of capital infusion in them by the government. PCA is a process or mechanism… Continue reading RBI takes 3 banks off prompt corrective action framework

Quick reaction missile tests a success India successfully test-fired two indigenously developed Quick Reaction Surface-to-Air missiles(QR-SAM) from a test range off the Odisha coast. The QR-SAM weapon system has been jointly developed by the Defence Research and Development Organisation (DRDO) and Bharat Electronics Ltd.It is a quick reaction, all-weather, network-centric missile system capable of search-on-the-move.… Continue reading Quick reaction missile tests a success

Why Mirage of ’80s is IAF’s ‘weapon of choice’ India with its 12 Mirage-2000 fighter jets decimated multiple terror camps across the Line of Control in Pakistan. The Mirage-2000 is one of the Indian Air Force’s (IAF) most versatile and deadliest aircraft and it was first commissioned in 1985.Soon after inducting the Mirage, IAF gave… Continue reading Why Mirage of ’80s is IAF’s ‘weapon of choice’

Prez presents Gandhi Peace awards, salutes Bapu’s ideals The President of India has presented the Gandhi Peace Prize for the years 2015, 2016, 2017 and 2018.The Gandhi Peace Prize was presented to a) the Vivekananda Kendra, Kanyakumari for 2015; b) jointly to the Akshaya Patra Foundation and the Sulabh International for 2016; c) to the… Continue reading Prez presents Gandhi Peace awards, salutes Bapu’s ideals

Nagaland Assembly rejects citizenship Bill The Nagaland government has passed a resolution in the assembly, rejecting the highly contentious Citizenship (Amendment) Bill. The resolution stated that the bill cannot be implemented in Nagaland as the proposed legislation will impact the “unique history and status of the Nagas under the Constitution”. The Citizenship (Amendment) Bill amends… Continue reading Nagaland Assembly rejects citizenship Bill

Study food borne diseases cost India $15 billion a year According to a WHO report titled “The Safe Food Imperative: Accelerating Progress in Low- and Middle-Income Countries”, food borne diseases (FBDs) costs India $15 billion annually. Foodborne diseases encompass a wide spectrum of illnesses and are a growing public health problem worldwide. They are the… Continue reading Study food borne diseases cost India $15 billion a year

‘Organized retail in India may double by 2021’ According to recent report titled ‘Unravelling the Indian Consumer’ by Deloitte and the Retailers Association of India (RAI), the share of organised retail market in India would increase from about 12% in 2017 to about 22-25% by 2021. Organised Retail refers to the set-up of any retail… Continue reading ‘Organized retail in India may double by 2021’

WHO, Ministry meeting on yoga benchmark Ministry of AYUSH and WHO are jointly organizing a three days Working Group Meeting for reviewing the WHO document “Benchmarks for Training in Yoga”. The WHO has been developing Benchmarks Document for Training in Yoga as part of Traditional Medicine Strategy 2014-2023. Traditional Medicine Strategy 2014-2023 seeks to help health… Continue reading WHO, Ministry meeting on yoga benchmark