This Daily Current Affair Capsule is a time-saving tool for going through relevant news from national dailies and government releases on PIB. Aspirants for UPSC IAS, CDS, SSC CGL, NDA, etc. will find it highly useful to cover for revision and awareness purposes.

 

National Important Current Affairs – 28 February 2018

National Science Day is being celebrated to mark the discovery of the Raman effect by Indian physicist Sir Chandrashekhara Venkata Raman on 28 February 1928. The first National Science Day was celebrated on February 28, 1987.  The theme of the year 2018 is “Science and Technology for a sustainable future.”

Sir C.V. Raman was awarded the Nobel Prize in Physics in 1930 for his discovery. This was the first Nobel Prize for India in the field of Science.

About Raman Effect: Raman Effect is a phenomenon in spectroscopy discovered by the eminent physicist while working in the laboratory of the Indian Association for the Cultivation of Science, Kolkata.

Change in the wavelength of light that occurs when a light beam is deflected by molecules. When a beam of light traverses a dust-free, transparent sample of a chemical compound, a small fraction of the light emerges in directions other than that of the incident (incoming) beam. Most of this scattered light is of unchanged wavelength. A small part, however, has wavelengths different from that of the incident light; its presence is a result of the Raman Effect.

To mark the discovery of his famous phenomenon National Science Day is celebrated in India on the day each year.

 

■ The 2nd India-Korea Business Summit organized by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, in partnership with ChosunILbo, KOTRA, Confederation of Indian Industry (CII) and Invest India, in New Delhi. The aim of this summit is to strengthen the economic relationship, boost trade relations and increase investments between India and Republic of Korea.

The summit began with a roundtable of Korean CEOs which was chaired by Prime Minister Modi. It highlighted the strategic partnership between India and Republic of Korea and the potential of increasing trade and investment between the two countries.

 

■ In Meghalaya elections, 75% voter turnout recorded in peaceful polls. The final voter turnout figure for Meghalaya elections could go up after the data of the far flung areas are added.

 

■ The King of Jordan Abdullah-II bin Al-Hussein arrived in New Delhi on a three day visit to India. He was received by the Prime Minister Narendra Modi at the airport. While the visit will focus on bilateral issues, the two leaders are expected to discuss the Palestinian peace process. The King will visit IIT Delhi to explore collaboration with Jordan technical institutes.

He will also participate in a CEO Round-table followed by India-Jordan Business Forum with External Affairs Minister Sushma Swaraj. Both sides will discuss how to improve business ties, and Bilateral trade, which is mainly dependent on fertilizer imports, dropped drastically from about $2.2 billion in 2014 to $1.3 billion in 2017.

About Jordanian King Abdullah II: 

Mr. Abdullah is himself a 41st generation descendant of Prophet Muhammad and the Custodian of the Holy Sites in Jerusalem. He has taken a leadership role in countering extremism and radicalisation in the Arab world through what is known as the “Aqaba Process” initiative. The King is known for his global initiative to fight radicalisation and terrorism.

 

■ The Tamil Nadu government has tied up with Microsoft to accelerate cloud technology adoption. The partnership aims to reform education sector, build tech capacity and enhance digital literacy across all levels.

As a part of the agreement, Microsoft will adopt 7 schools identified by the government and train their teachers and students for building modern skills which include critical thinking, creative coding and gaming, app development, robotics, and entrepreneurship. Microsoft will also offer its Microsoft Innovative Educator Program to all educators in primary, secondary, vocational and tertiary education across the state. The company will also train and provide a digital literacy certification District Education Officers (DEOs) in Tamil Nadu.

 

International Current Affairs Capsule – 28 February 2018

■ In Pakistan, Shahbaz Sharif, Punjab Province Chief Minister, has been elected as interim President of the PML-N while his elder brother and ousted Prime Minister Nawaz Sharif was made the ruling party’s top leader, ‘Quaid‘ for the lifetime.

The PML-N has elected its new head days after the Supreme Court disqualified 68-year-old Nawaz Sharif as the Chief of his party and struck down all decisions taken by him as the party head.

 

Iran is planning to launch its own national cryptocurrency, which will help Iran evade the potential US sanctions.
Note that: This comes after Venezuela, which is also hit by US sanctions and severe inflation, launched its own oil-backed cryptocurrency ‘Petro’.

 

■ The 7th meeting of Eminent Persons Group (EPG) on Nepal-India relations was held in Kathmandu, Nepal. The various bilateral issues including 1950 Peace and Friendship treaty, trade, environment, border and hydropower were discussed. The 8th meeting of the group will be held in New Delhi now.

Note that: The EPG is a joint mechanism consisting experts and intellectuals from India and Nepal. It was set up in February 2016 to provide suggestions for updating all existing bilateral treaties and agreements between both the countries.

 

Economics Today’s Current Affair Capsule – 28 February 2018

■ The Reserve Bank of India (RBI) has refused to extend the February 28 deadline for mandatory KYC (Know Your Customer) compliance by prepaid wallet customers. However, it has clarified that customers won’t lose their outstanding balance even if KYC is not done. Customers will be able to undertake transactions with the available balance but will have to complete the KYC before reloading the wallet.

 

■ Retirement fund body EPFO has launched the facility of linking Aadhaar with a universal account number, through UMANG mobile app.

UMANG or Unified Mobile Application is an app launched by the government to provide access to various government services at one place. Aadhaar-based e-sign is being used for digital signing of the form. The e-sign is being provided to members free of cost by EPFO. This functionality will also be made available on UMANG app soon.

 

■ The Central Board of Direct Taxes (CBDT) has notified a new centralised communication scheme for serving e-notices to income tax-payers as part of the government’s plan to launch a paperless system of the interface between the taxman and the assessee. The scheme stipulates that an Internet-based independent centralised communication centre (CCC) will be established in the Income Tax department that will “issue notice” to any person (under Section 133C of the Income Tax Act) who is required to furnish information or documents for the purpose of verification, to the CBDT.

 

Sports Current Affairs – 28 February 2018

■ Tennis legend Roger Federer has become the most decorated winner in the history of 18th Laureus World Sports Awards after he won two honours, which is his sixth, — the Sportsman and Comeback titles at the prestigious awards ceremony.

American tennis great Serena Williams won the Sportswoman of the Year Award following her Australian Open success, which was her 23rd Grand Slam title.

 

■ In Tennis, the Davis Cup, in existence since 1900, is going to be converted into a ‘World Cup of Tennis’ from next year.
This new format will feature 18 teams playing a week-long event at one venue, instead of the existing 16 teams playing across four different months.

■ Grand Master Vidit Gujrathi has been appointed as the brand ambassador of All India Chess Federation for the Blind (AICFB).

 

Obituaries

Kanakalata Mohanty, the noted Odia author, has passed away at age of 82 years. She has written several novels, including ‘Ete Andhara’, ‘Kete Jwala’ and ‘Anuradha’, and more than 100 short stories. She was also recognized by All India Radio (AIR) as a noted lyricist, particularly for her devotional songs on Lord Jagannath.

 

“Current Affairs Questions for UPSC IAS Prelims – 28 February 2018 “

Q1. What is the theme of the 15th Edition of BioAsia conference 2018?

  • A) Right Time, Right Now
  • B) Power of the Fast, Force of the Future
  • C) Leveraging India to Succeed Globally
  • D) New Era of Life sciences

Q2. The Union Government has launched 2nd project of Swajal Yojana in which state?

  • A) Uttar Pradesh
  • B) Rajasthan
  • C) Chattisgarh
  • D) Gujarat

Q3. Which high-level committee of Union Government has recently approved financial assistance to several flood affected states?

  • A) Rajiv Gauba committee
  • B) Rajnath Singh committee
  • C) Arun Jaitley committee
  • D) Rajiv Kumar committee

Q4. The Indian Navy will host the multi-national MILAN series of exercises in which state/UT?

  • A) Daman & Diu
  • B) Gujarat
  • C) West Bengal
  • D) Andaman and Nicobar islands

Q5. Who led the Indian delegation at the 20th Conference of Commonwealth Education Ministers (20CCEM)?

  • A) Satya Pal Singh
  • B) Manoj Sinha
  • C) Mahesh Sharma
  • D) Jitendra Singh

Answer these questions in the comments below. We encourage you to discuss your thoughts on the news and issues mentioned in today’s current affairs post. The idea is to promote healthy discussions on interesting issues to make preparation fun. Have a good day!

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