Daily Current Affairs 18 February 2020

Daily Current Affairs 18 February 2020: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 18 February 2020. It includes all Major National, International, Business and Sports related current affairs of 18 February 2020. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 18 February 2020 Current affairs test.

National News

1. ‘PyaarkaPaudha’ Campaign

‘PyaarkaPaudha’ Campaign has been launched by Bihar Government which is a small effort will be a big step towards making the land green.
Governor of Bihar: Phagu Chauhan || Chief Minister: Nitish Kumar.

2. First Indian Railways zone to have energy-neutral stations

South Central Railways zone has become the first zonal railway in the country to have functional “energy neutral” railway stations on the network.
Indian Railways is India’s national railway system operated by the Ministry of Railways. It manages the fourth largest railway network in the world by size, with a route length of 67,368-kilometre as of March 2017.

3. ‘Lui-Ngai-Ni’ Festival

Seed sowing festival ‘Lui-Ngai-Ni’ is celebrated at Ukhrul, Manipur.
Capital: Imphal || Governor: Najma Heptulla || Chief minister: N. Biren Singh

International News

1. World Bank loan for ‘Atal Bhujal Yojana’

Indian Government has signed USD 450 million loan agreement with the World Bank for Atal Bhujal Yojana.
Atal Bhujal Yojana is a groundwater management scheme launched by Prime Minister Narendra Modi on the 95th birth anniversary of former Prime Minister Atal Bihari Vajpayee, on 25 December 2019. The purpose of the scheme is to scheme to improve groundwater management in seven states of India.
The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It comprises of two institutions: the International Bank for Reconstruction and Development, and the International Development Association.
Headquarters: Washington

2. 2020 UN Climate Change Conference (UNFCCC COP 26)

The 26th session of the Conference of the Parties (COP 26) to the UNFCCC will take place from 9-19 November 2020, in Glasgow, UK.
Indian-origin Alok Sharma has been appointed as the minister in charge of the UK’s COP26 climate change summit.
British Prime Minister Boris Johnson has promoted Alok Sharma to the post of Secretary of State for Business, Energy and Industrial Strategy

Business News

1. Common electronic platform to settle health insurance claims

Insurance Regulatory and Development Authority of India (IRDAI) will set up common electronic platform to settle health insurance claims.
The Insurance Regulatory and Development Authority of India is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India.
Founded: 1999 || Sector: Insurance || Headquarters: Hyderabad || Type: Statutory corporation || Chairperson: Subhash Chandra Khuntia

2. GoAir CEO

GoAir has appointed Vinay Dube as the airline’s Chief Executive Officer.
GoAir is an Indian low-cost airline based in Mumbai, India. It is owned by the Indian business conglomerate Wadia Group.
Parent organization: Wadia Group || Headquarters: Mumbai

3. Forbes’ Real-Time Billionaires Index (India)

1. Mukesh Ambani | Net worth: $57.1 billion
2. Radhakrishan Damani and family | Net worth: $17.4 billion
3. Shiv Nadar | Net worth| $16.3 billion
4. Uday Kotak | Net worth: $15 billion
5. Gautam Adani | Net worth: $13.8 billion
Avenue Supermarts, founder Radhakishan Damani (DMart’s founder) has become the second most richest in India behind Mukesh Ambani.

Sports News

1. World SnowShoe Championship

Indian athletes finished with three medals in different categories in the World SnowShoe Championship at Myoko, Japan .
Ayan Bin Shahnaz bagged silver, while Zain Ali and Muzamil Hussain Mir bagged bronze medals in their respective categories.

2. Manchester City FC is banned

The Premier League Club Manchester City FC has banned from European competition for two seasons by UEFA.
It came after an investigation into alleged breaches of Financial Fair Play (FFP) rules.
Manchester City Football Club is an English football club based in Manchester that competes in the Premier League, the top flight of English football. Founded in 1880 as St. Mark’s, it became Ardwick Association Football Club in 1887 and Manchester City in 1894.

3. Laureus Awards 2020

The 20th Laureus Awards 2020 announced in Berlin.
Laureus World Sportsman of the Year: Lewis Hamilton and Lionel Messi
Laureus World Sportswoman of the Year: Simone Biles
Laureus World Team of the Year: South Africa Men’s Rugby Team
Laureus Best Sporting Moment: Carried on the shoulders of a nation’– Sachin Tendulkar
LaureusWorld Breakthrough of the Year:Egan Bernal
Laureus World Comeback of the Year: Sophia Flörsch
Laureus World Sportsperson of the Year with a Disability: Oksana Masters
Laureus World Action Sportsperson of the Year: Chloe Kim
Laureus Lifetime Achievement Award: Dirk Nowitzki
Laureus Academy Exceptional Achievement Award: Spanish Basketball Federation
Laureus Sport for Good Award: South Bronx United