Daily Current Affairs February 12

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February 12| Daily Current Affairs 2024

Important Days – Daily Current Affairs February 12

1. What is the theme of World Radio Day in 2024?
A) “Radio: A source of inspiration”
B) “Radio: A window to the world”
C) “Radio: A century informing, entertaining and educating”
D) “Radio: Connecting the world”
E) “Radio: Bridging cultures”
Answer: C) “Radio: A century informing, entertaining and educating”

  • 13 February marks World Radio Day (WRD), a celebration of the powerful medium that has informed, entertained, and educated people around the world for over a century.
  • The United Nations General Assembly adopted the resolution of World Radio Day on 14 January 2013, recognizing the importance of radio as a source of information, entertainment, and education for all.
  • Theme: “Radio: A century informing, entertaining and educating.”

2. When is the International Day for the Prevention of Violent Extremism observed?
A) 10 February
B) 11 February
C) 12 February
D) 13 February
E) 14 February
Answer: C) 12 February

  • International Day for the Prevention of Violent Extremism as and when Conducive to Terrorism is observed on 12 February.
  • In its resolution 77/243, the General Assembly decided to declare 12 February the International Day for the Prevention of Violent Extremism as and when Conducive to Terrorism, in order to raise awareness of the threats linked to violent extremism, as and when conducive to terrorism, and to enhance international cooperation in this regard.
  • On 15 January 2016 the Secretary-General presented a Plan of Action to Prevent Violent Extremism to the General Assembly.
  • On 12 February 2016, the General Assembly adopted a resolution welcoming the initiative by the Secretary-General, and taking note of his Plan of Action to Prevent Violent Extremism.

3. When is World Unani Day observed annually?
A) February 10
B) February 11
C) February 12
D) February 13
E) February 14
Answer: B) February 11

Explanation:

  • World Unani Day, observed annually on February 11, pays tribute to the birth anniversary of Hakim Ajmal Khan, a pivotal figure in the realm of Unani medicine.
  • Born on February 11, 1868, Hakim Ajmal Khan was not only an eminent Unani physician but also an educator and the catalyst behind the modernization of the Unani system of medicine in India.
  • Unani medicine, also known as Unani Tibb, Arabian medicine, or Islamic medicine, traces its roots to ancient Greek philosophy.
  • In Arabic, “Unani” translates to “Greek,” signifying its profound connection to the principles of ancient Greek medicine.
  • This holistic healing philosophy revolves around the interplay of four fundamental elements – Fire, Water, Air, and Earth – corresponding to four humours: Phlegm, Black bile, Blood, and Yellow bile, respectively.
  • ‘World Unani Medical Science Day’ Awards 2024 is based on the recommendations of the ‘World Unani Medicine Science Day’ Award Committee, aim to honour individuals for their meritorious contributions to the field of Unani medicine.
Aspect Details
Observance Date February 11
Honoree Hakim Ajmal Khan
Contributions of Hakim Ajmal Khan – Eminent Unani physician
– Educator
– Catalyst for modernization of Unani medicine in India
Unani Medicine Origins – Also known as Unani Tibb, Arabian medicine, or Islamic medicine
– Traces roots to ancient Greek philosophy
Meaning of ‘Unani’ “Greek” in Arabic, highlighting the connection to ancient Greek medicine
Philosophy Focuses on the balance of four fundamental elements and humours
World Unani Medical Science Day Awards 2024 Aim to honor individuals for their contributions to Unani medicine, based on the Award Committee’s recommendations

Ranking – Daily Current Affairs February 12

4. According to the Financial Times Global MBA Ranking 2024, which Indian business school has been ranked as the top Indian business school?
A) Indian Institute of Management Ahmedabad (IIMA)
B) Indian Institute of Management Bangalore (IIMB)
C) Indian School of Business (ISB)
D) Indian Institute of Management Calcutta (IIMC)
E) Xavier School of Management (XLRI)
Answer: C) Indian School of Business (ISB)

  • The Indian School of Business (ISB) has outperformed its peers to become the top-ranked Indian business school and 31st globally in the Financial Times (FT) Global MBA Ranking 2024.
  • The University of Pennsylvania (Wharton), Insead, and Columbia Business School have been named as the top three business schools globally.
  • ISB is also ranked best in India in alumni network and career services; and ranked 8 and 19 globally on these parameters, respectively.
Titbits

Indian School of Business:

  • The Indian School of Business (ISB) is a private business school established in India in 2001. It has two parallel campuses in India, in Hyderabad (Telangana) and Mohali (Punjab).
  • It offers certificates in various post-graduate management programs.
  • Chairman: Harish Manwani

Banking and Finance – Daily Current Affairs February 12

5. What is the purpose of the AIIMS-SBI Smart Payment Card?
A) To provide discounts on medical treatments
B) To facilitate cashless payments for treatment in AIIMS New Delhi
C) To offer insurance coverage for patients
D) To provide free medical consultations
E) To distribute free medication to patients
Answer: B) To facilitate cashless payments for treatment in AIIMS New Delhi

  • Union Minister for Health & Family Welfare and Chemicals & Fertilizers, Dr. Mansukh Mandaviya launched the AIIMS-SBI Smart Payment Card.
  • The AIIMS-SBI Smart Payment Card will ensure hassle free payments for treatment in AIIMS New Delhi.
  • AIIMS Smart Payment Card will resolve the long pending issue of patients from far flung areas carrying cash with them to the hospital.
  • The patients or their caretakers can get the card easily from the facilitation centres across AIIMS, New Delhi and thereafter use it for payment at various counters.
  • Smart Payment Card is referred as ‘One AIIMS, One Card’ because of the funds can now be transferred easily and swiftly from across the country by anyone in case of any urgent payment related requirement, for the patient being attended at AIIMS, New Delhi.

Background:

  • The SBI-AIIMS Smart card is being provided free of cost to all patients and has no service charges. All patients upon admission will be issued the Smart Card.
  • The card will be linked to the patient’s Unique Hospital Identification (UHID) number & the Ayushman Bharat Health Account (ABHA) ID issued under the Ayushman Bharat Digital Mission (ABDM).
  • Top – up and refunds from the card can be done only upon provision of a One Time Password (OTP) received on the mobile number linked to the patient’s UHID.
  • This will help prevent frauds and theft.
  • If a patient loses the card, a replacement will be provided to the patient free of cost and balance (if any) will be transferred to the replacement card.
  • The card once issued will be valid for a period of five years.
  • All transactions done using this card are linked to the E-Hospital functional at AIIMS.
  • Reconciliation of all financial transactions can be done by the Finance Division, AIIMS owing to the two-way integration between AIIMS & the bank.
  • Smart card once topped up and activated can be used for payment at different cash counters on a 24 x 7 basis for services availed at the Institute.
  • In addition to using cash for top-up, top up can also be done from anywhere through online modalities, credit/ debit card and can be done by any relative/ friend for the patient.

Business and Economy – Daily Current Affairs February 12

6. What is the new name of Paytm Ecommerce, as per recent filings in the Registrar of Companies?
A) Paytm Solutions
B) Paytm Mall
C) Paytm Platforms
D) Pai Platforms
E) Paytm Online
Answer: D) Pai Platforms

  • Paytm Ecommerce has changed its name to Pai Platforms, as per filings in the Registrar of Companies.

Note:

  • Paytm has acquired Innobits Solutions Private Limited (Bitsila), an ONDC seller, established four years ago, as per reports.

Appointments – Daily Current Affairs February 12

7. Who is the new President of the Institute of Chartered Accountants of India (ICAI) for the council year 2024-25?
A) Charanjot Singh Nanda
B) Ranjeet Kumar Agarwal
C) Central Council Member
D) The CA Institute
E) None of the above
Answer: B) Ranjeet Kumar Agarwal

  • The CA Institute has a new President in Ranjeet Kumar Agarwal for the council year 2024-25.
  • He has assumed charge as the 72nd President of Institute of Chartered Accountants of India (ICAI), which is world’s largest accounting body.
  • Charanjot Singh Nanda, Central Council Member, has been elected as Vice-President of ICAI.
Titbits

ICAI:

  • The Institute of Chartered Accountants of India (ICAI) is India’s largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India.
  • It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament for promotion, development and regulation of the profession of Chartered Accountancy in India.
  • President: Ranjeet Kumar Agarwal

8. Who won the election runoff to become Finland’s next president?
A) Alexander Stubb
B) Pekka Haavisto
C) Sauli Väinämö Niinistö
D) Matti Vanhanen
E) Juha Sipilä
Answer: A) Alexander Stubb

  • Former Prime Minister Alexander Stubb has won the election runoff against ex-Foreign Minister Pekka Haavisto to become Finland’s next president.
  • The centre-right Stubb of the National Coalition Party had 51.6 percent of the votes, while independent candidate Haavisto from the green left got 48.4 percent of the votes.
Titbits

Finland:

Capital: Helsinki
Currency: Euro
President: Sauli Niinisto
Prime Minister: Petteri Orpo


9. Who has been appointed as the CEO of Sundaram Asset Management?
A) Anand Mahindra
B) Anand Radhakrishnan
C) Anand Sharma
D) Anand Jain
E) Anand Kumar
Answer: B) Anand Radhakrishnan

  • Sundaram Asset Management has appointed Anand Radhakrishnan as CEO.
  • Anand was earlier a part of the company for eight years from 1996 to 2004.
  • He previously served as Managing Director & CIO (Equity) at Franklin Templeton India.

Awards – Daily Current Affairs February 12

10. Who was conferred with the KPP Nambiar Award for 2024 by the Institute of Electrical and Electronic Engineers (IEEE) Kerala Section?
A) KPP Nambiar
B) S Somanath
C) Chandrayaan-3
D) ISRO
E) Polar Satellite Launch Vehicle (PSLV)
Answer: B) S Somanath

  • Institute of Electrical and Electronic Engineers (IEEE) Kerala Section, has conferred the KPP Nambiar Award for 2024, on S Somanath, Chairman, Indian Space Research Organisation (ISRO).
  • The award is named after KPP Nambiar, doyen of electronics industry and founder-chair of IEEE Kerala Section.
  • The annual award is instituted to honour individuals or groups in Kerala, for their significant contributions to the IEEE vision of advancing technology for humanity.
  • Somanath was chosen for the pivotal role he played in steering Chandrayaan-3, ISRO’s lunar exploration programme.
  • He also served various VSSC and ISRO missions, including as Project Manager, Polar Satellite Launch Vehicle (PSLV) and Project Director, Geosynchronous Satellite Launch Vehicle (GSLV Mk – III).

Other Award Winners:

  • IEEE Kerala Section, gave away the Amarnath Raja Humanitarian Technology Award to Jawahara Fathima and team, MA College, Kothamangalam for the project ‘Light for lives’.
  • Outstanding Woman Engineer Award went to Athuladevi S, Deputy Director, Avionics, VSSC; Outstanding Industry Contribution Award to Suresh Nair;
  • Outstanding Teacher Award to Bos Mathew Jos, Principal, MA College, Kothamangalam;
  • Friend of IEEE award to PV Unnikrishnan, Member Secretary,K-DISC;
  • Outstanding Start-up Award to Open Financial; Industry Academy Collaboration Award to Synthite; Outstanding Researcher Award to Jayaprakash P, Principal, GEC, Kannur.
  • Outstanding student volunteer awards and professional awards were also distributed.

National Affairs – Daily Current Affairs February 12

11. Who signed the agreement for “Developing a 140GHz Fully Integrated Transmitter & Receiver Module for 6G and Beyond”?
A) C-DOT and Indian Institute of Technology, Bombay
B) Department of Telecommunications (DoT) and Indian Institute of Technology, Delhi
C) C-DOT and Indian Institute of Technology, Roorkee
D) Department of Telecommunications (DoT) and Indian Institute of Technology, Madras
E) C-DOT and Indian Institute of Technology, Kanpur
Answer: C) C-DOT and Indian Institute of Technology, Roorkee

  • C-DOT, the premier Telecom R&D Centre of the Department of Telecommunications (DoT), Government of India and Indian Institute of Technology, Roorkee (IIT-R) signed an agreement for “Developing a 140GHz Fully Integrated Transmitter & Receiver Module for 6G and Beyond”.
  • The agreement is signed under the Telecom Technology Development Fund (TTDF) scheme of Department of Telecommunications, Government of India, which has been designed for providing funding support to domestic companies and institutions involved in technology design, development, commercialization of telecommunication products and solutions to enable affordable broadband and mobile services in rural and remote areas.
  • The objective of this agreement is to develop a 140 GHz Fully Integrated Transmitter and Receiver Module to enable applications for 6G and beyond.
  • The novelty of this system lies in generation, transmission and antenna integration of THz waves onto a single chip; leading to reduced system size, weight and power consumption, hence making it suitable for use in portable devices such as smartphones, laptops, wearables etc.

C DOT:

  • The Centre for Development of Telematics (C-DOT) is an Indian Government owned telecommunications technology development centre.
  • It was established in 1984 with initial mandate of designing and developing digital exchanges.
  • C-DOT has expanded to develop intelligent computer software applications.
  • Executive Director: Rajkumar Upadhyay

IIT Roorkee:

  • Indian Institute of Technology Roorkee (abbreviated IIT Roorkee) is a technical university located in Roorkee, Uttarakhand, India.
  • It is the oldest engineering institution in India, and was founded as the College of Civil Engineering in British India in 1847 by the Lieutenant-Governor of the North-Western Provinces, James Thomason, in order to train officers and surveyors employed in the construction of the Ganges Canal.
  • In 1854, after the completion of the canal and Thomason’s death, it was renamed the Thomason College of Civil Engineering by Proby Cautley, the designer and projector of the canal.
  • It was renamed University of Roorkee in 1949, and again renamed IIT Roorkee in 2001.
  • Director: Kamal Kishore Pant

12. Where was the life-size statue of late General Bipin Rawat unveiled by Raksha Mantri Shri Rajnath Singh?
A) Delhi
B) Mumbai
C) Dehradun
D) Chennai
E) Kolkata
Answer: C) Dehradun

  • Raksha Mantri Shri Rajnath Singh unveiled a life-size statue of late General Bipin Rawat – the country’s first Chief of Defence Staff (CDS) – at TonsBridge School, Dehradun.
  • General Rawat was appointed as the first CDS which is one of the most significant reforms in the military history of the country.

13. What is the expected impact of the operationalization of Maia Terminal?
A) Shift of 2.6 million tonnes per annum of Indian export cargo from road to waterways
B) Increase in road transportation of cargo between India and Bangladesh
C) Reduction in waterway transportation between India and Bangladesh
D) Decrease in bilateral trade between India and Bangladesh
E) Expansion of Maia Port to accommodate larger vessels
Answer: A) Shift of 2.6 million tonnes per annum of Indian export cargo from road to waterways

  • The first trial movement of vessels carrying stone aggregates from Maia Port in India to on the Sultanganj Port in Bangladesh Maia-Aricha route successfully took place.
  • The Bangladesh flag vessel M V Desh Bangla carrying stone aggregates was flagged-off by Minister of State for Ports, Shipping and Waterways Shri Shantanu Thakur from Maia Inland Customs Port in West Bengal.
  • The trial movement from Maia to Sultanganj through IBP route no. 5 & 6 will add new dimensions to the waterways based transportation between India and Bangladesh as it is the shortest waterway route between the two countries.
  • The event was organized by the Inland Waterways Authority of India.
  • The flagging-off event was attended by first secretary, B’desh High Commission in Kolkata, Additional Commissioner Customs, Kolkata, owner-operator of the Maia riverine port.
  • The Ministry of Ports, Shipping and Waterways (MoPSW)has taken up several infrastructure projects on National Waterways 1, Indo-Bangladesh Protocol Route and NW2 through the Inland Waterways Authority of India (IWAI) with the objective of improving connectivity with Bangladesh and the North Eastern Region through waterways.
  • The operationalisation of Maia Terminal is expected to be a game-changer as it would shift 2.6 million tonnes per annum of Bangladesh bound export cargo from road to waterways.
  • The Maia-Aricha route (Protocol Route 5 & 6) will reduce the distance from NW1 to Bangladesh and North Eastern Region by 930 kilometres.
  • In order to improve bilateral trade between the two nations, the government of Bangladesh has agreed to carry out five trial runs of vessel movement between Maia and Sultanganj.

Note:

  • Inland Water Transport (IWT) is a highly cost-effective mode of transportation, particularly for bulk cargo like coal, iron ore, cement, food grains, and fertilizer.
  • Despite its advantages, its current share in India’s modal mix is only 2%.
  • The government aims to increase this share to 5% by 2030 under the Maritime India Vision (MIV)-2030.
  • To achieve this goal, the Inland Waterways Authority of India (IWAI) has identified 25 new National Waterways (NWs) through feasibility studies to make them navigable for transportation.
  • The plan also aims to operationalize 50 waterways by 2047 and introduce low-draft vessel designs with possible tug-barge combinations to enhance efficiency and accessibility.
Titbits

Bangladesh:

Capital: Dhaka
Currency: Taka
Prime Minister: Sheik Hasina
President: Mohammed Shahabuddin


14. Who launched the Greening and Restoration of Wasteland with Agroforestry (GROW) report and portal?
A) Prime Minister Narendra Modi
B) Prof Ramesh Chand, Member, NITI Aayog
C) Minister of Environment, Forest and Climate Change
D) Director of Indian Space Research Organisation (ISRO)
E) Minister of Agriculture and Farmers’ Welfare
Answer: B) Prof Ramesh Chand, Member, NITI Aayog

  • Greening and Restoration of Wasteland with Agroforestry (GROW) report and portal was launched by Prof Ramesh Chand, Member, NITI Aayog at NITI Aayog.
  • This multi-institutional effort led by NITI Aayog utilized remote sensing and GIS to assess agroforestry suitability across all districts in India.
  • Using thematic datasets, an Agroforestry Suitability Index (ASI) was developed for national-level prioritization.
  • The report provides state-wise and district-wise analysis, supporting government departments and industries for greening and restoration projects.
  • The “Greening and Restoration of Wasteland with Agroforestry (GROW)-Suitability Mapping” portal Bhuvan https://bhuvan-app1.nrsc.gov.in/asi_portal/ allows universal access to state and district-level data.

Note:

  • Currently, agroforestry covers 8.65% of India’s total geographical area, totalling about 28.42 million hectares.
  • Current report underscores the potential benefits of converting underutilized areas, especially wastelands, for agroforestry.
  • The GROW initiative aligns with national commitments, aiming to restore 26 million hectares of degraded land by 2030 and create an additional carbon sink of 2.5 to 3 billion tonnes of carbon dioxide equivalent.
  • Approximately 16.96% of the Total Geographical Area (TGA) is wasteland, requiring transformation for productive use. Geospatial technologies and GIS are employed to map and prioritize these wastelands for agroforestry interventions.
Titbits

NITI Aayog:

  • Founded: 1 January 2015
  • HQ: New Delhi
  • Chairman: Prime Minister, Narendra Modi
  • Vice Chairman: Suman Bery
  • CEO: B V R Subhramanyam

15. When was the foundation for the first traditional BAPS Hindu Mandir in Abu Dhabi laid?
A) April 20, 2017
B) April 20, 2018
C) April 20, 2019
D) April 20, 2020
E) April 20, 2021
Answer: C) April 20, 2019

  • Prime Minister Narendra Modi will visit the United Arab Emirates (UAE) from February 13-14 to inaugurate the first Hindu temple ‘BAPS Mandir’ in Abu Dhabi.
  • He will also meet the top leadership of one of India’s closest strategic partners in West Asia.
  • The temple, the first traditional Hindu temple in the United Arab Emirates, sits on 27 acres of land generously gifted by the UAE leadership.
  • The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Sheikh Mohamed bin Zayed Al Nahyan, donated 13.5 acres of land in 2015 to construct the mandir.
  • The foundation for the first traditional BAPS Hindu Mandir in Abu Dhabi was laid on April 20, 2019.
  • Later, in May 2023, diplomats from over 30 countries visited the under-construction temple site.
  • Besides the BAPS Mandir inauguration, PM Modi will also address the Indian diaspora at the ‘Ahlan Modi’ event.

Keyperson:

  • Indian ambassador to the UAE, Sunjay Sudhir
  • President of UAE, Sheikh Mohammed bin Zayed

16. What is the primary function of the Precision Approach Radar (PAR) inaugurated at INS Utkrosh?
A) Surveillance of maritime borders
B) Tracking submarines
C) Monitoring air traffic
D) Guiding aircraft to land safely in low visibility conditions
E) Identifying surface vessels
Answer: D) Guiding aircraft to land safely in low visibility conditions

  • Chief of Naval Staff (CNS) Admiral R. Hari Kumar inaugurated a Precision Approach Radar (PAR) at INS Utkrosh in Andaman and Nicobar Islands, which will enable “highly accurate horizontal and vertical guidance to land an aircraft safely in low visibility conditions, such as heavy rain and fog”.
  • He also inaugurated the IUHDSS (Integrated Underwater Harbour Defence and Surveillance System) at Naval Jetty, Port Blair.
  • The IUHDSS is capable of detecting, identifying & tracking surface and under water targets in vicinity of naval jetty thereby enhancing security of Port Blair harbor.

Andaman and Nicobar Command:

  • The Andaman and Nicobar Command (ANC) is a integrated tri-services command of the Indian Armed Forces, based at Port Blair in the Andaman and Nicobar Islands, a Union Territory of India.
  • It was created in 2001 to safeguard India’s strategic interests in Southeast Asia and the Strait of Malacca by increasing rapid deployment of military assets in the region.
  • It provides logistical and administrative support to naval ships which are sent on deployment to East Asia and the Pacific Ocean.
  • Commander in Chief: Saju Balakrishnan


Over All Review

Important Days

  • World Radio Day is observed on February 13.
  • International Day for the Prevention of Violent Extremism as and when Conducive to Terrorism, 12 February.
  • World Unani day is observed on February 11.

Ranking 

  • ISB tops Indian B Schools, ranks 31st globally in FT MBA Rankings.

Banking and Finance 

  • Union Health Minister Dr. Mansukh Mandaviya launches AIIMS-SBI SMART payment card for hassle free payments in AIIMS, New Delhi.

Business And Economy

  • Paytm Ecommerce renames itself to Pai Platforms.

Appointments

  • Ranjeet Kumar Agarwal takes over as ICAI President for council year 2024-25.
  • Centre-right Alexander Stubb elected Finland’s next president.
  • Sundaram AMC appoints Radhakrishnan as CEO.

Awards 

  • KPP Nambiar Award conferred on ISRO Chairman S Somanath.

National Affairs

  • C-DOT and IIT Roorkee signs agreement for “Developing 140GHZ Fully Integrated Transmitter & Receiver Module for 6G and Beyond”
  • Raksha Mantri unveils the statue of India’s first Chief of Defence Staff late General Bipin Rawat in Dehradun
  • Shri Shantanu Thakur flags-off the 1st trial cargo vessels from Maia Inland Customs Port , West Bengal to Sultanganj Port in Bangladesh
  • NITI Aayog Launches Greening India’s Wastelands with Agroforestry (GROW) Report and Portal
  • PM Modi to inaugurate first Hindu Temple BAPS Mandir in Abu Dhabi
    Precision approach radar, underwater harbour defence and surveillance system inaugurated in Andaman and Nicobar command

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