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Daily Current Affairs 28th February 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 28th February2024. It includes all Major National, International, Business and Sports related current affairs of 28th February2024. 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 28th February2024 Current affairs test.

National News

Reliance’s New Venture for Animal Welfare Named “Vantara”

  • Reliance Industries, along with its philanthropic arm, the Reliance Foundation, has unveiled “Vantara,” an initiative aimed at the protection and rehabilitation of animals.
  •  Led by Anant Ambani, the project features a vast 3,000-acre wildlife sanctuary situated in the Green Belt area of Reliance’s Jamnagar Refinery in Gujarat, designed to simulate a forest environment for the welfare of rescued animals.

India to Have Its Own Space Station by 2035, Announces PM Modi

  • In a significant development for India’s space exploration efforts, Prime Minister Narendra Modi, speaking at the Vikram Sarabhai Space Centre, announced plans to establish an Indian space station by 2035.
  •  He further discussed ambitions for lunar missions, including sending an Indian astronaut to the moon using homegrown space technology.

Inauguration of Bharat Tex 2024 by Prime Minister Narendra Modi

  • Prime Minister Narendra Modi inaugurated Bharat Tex 2024 in New Delhi, marking it as India’s most extensive textile expo. 
  • The event saw participation from over 3,000 exhibitors and traders from 100 nations, highlighting India’s blend of traditional textiles and modern innovations.

Launch of “Mera Pehla Vote Desh Ke Liye” Campaign in Colleges

  • The “Mera Pehla Vote Desh Ke Liye” initiative has been launched across colleges in India as of February 27, 2024.
  •  Aimed at engaging young voters in the democratic process, the campaign, championed by Union Education Minister Dharmendra Pradhan, encourages the youth to participate in elections for national progress.

International News

New Zealand Decides Against Anti-Tobacco Legislation

  • The new coalition government of New Zealand, led by Prime Minister Christopher Luxon, is set to repeal the groundbreaking anti-tobacco law established under Jacinda Ardern’s leadership. 
  • The law, which aimed to ban tobacco sales to individuals born after January 1, 2009, will be withdrawn without public consultation.

Thailand Hosts Enshrinement Ceremony for Buddha Relics

  • Thailand recently held a public ceremony for the enshrinement of Lord Buddha and His Two Disciples’ Holy Relics. 
  • The event, which took place following a procession from the national museum, was attended by dignitaries from India and Thailand, celebrating the spiritual and cultural ties between the two countries.

 State News

Uttarakhand Joins States in Passing Rioter Liability Law

  • Uttarakhand is set to introduce legislation to hold individuals accountable for damage caused during riots to both public and private properties. 
  • The state aims to present the Uttarakhand Public and Private Property Damage Recovery Bill in the upcoming budget session.

Tripura Hosts 2nd Shehri Samridhi Utsav

  • Chief Minister Prof Dr. Manik Saha inaugurated the second edition of the Shehri Samridhi Utsav in Agartala, focusing on urban livelihood and women’s empowerment. 
  • The event reflects the state government’s efforts to support women’s empowerment.

Telangana Cancels Hyderabad Pharma City Project

  • The Telangana government has decided to scrap the Hyderabad Pharma City initiative due to various challenges, including legal issues and protests. 
  • Instead, it plans to promote the pharmaceutical industry through the establishment of Pharma Villages.

ISRO’s Second Spaceport in Tamil Nadu

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  • Prime Minister Narendra Modi has laid the foundation for ISRO’s second spaceport in Kulasekarapattinam, Tamil Nadu. With an investment of Rs 950 crore, the new facility is expected to support increased satellite launch capabilities, especially for small satellites.

World’s First Vedic Clock to Be Unveiled in Ujjain

  • An innovative Vedic Clock, set to be the world’s first, will be inaugurated at Ujjain’s Jantar Mantar on March 1st, 2024.
  •  Prime Minister Narendra Modi will virtually inaugurate the clock, designed to offer detailed Vedic timekeeping information.

Defence News

Adani Group’s Investment in Defence Manufacturing

  • Gautam Adani’s conglomerate has launched two defence manufacturing units in Uttar Pradesh, investing 30 billion rupees. 
  • These facilities aim to bolster India’s self-reliance in defence production, focusing on various ammunition types.

Economy News

Committee Formed for Uniform KYC Norms

  • The government has established an expert committee, led by Finance Secretary T V Somanathan, to develop uniform Know Your Customer (KYC) norms across sectors. 
  • This move aims to simplify and standardize the KYC process, facilitating easier compliance.

Banking News

RBI Simplifies Reporting Norms for Financial Entities

  • The Reserve Bank of India has issued a master direction to simplify and consolidate reporting requirements for regulated entities. 
  • This effort aims to reduce the compliance burden and improve the efficiency of financial reporting.

Important Days News

Financial Literacy Week 2024 by RBI

  • The Reserve Bank of India is conducting its annual Financial Literacy Week, focusing on educating young adults on financial matters.
  •  This year’s theme emphasizes saving, banking essentials, and digital security.

Celebration of National Science Day 2024

  • India celebrates National Science Day on February 28th to honor Sir C.V. Raman’s discovery of the Raman Effect. 
  • The 2024 theme, “Indigenous Technologies for Viksit Bharat,” highlights the importance of scientific innovation for national development.

 

Ranks & Reports News

India Ranked 42nd in Global IP Index 2024

  • India has been ranked 42nd out of 55 countries in the Global Intellectual Property Index 2024 by the US Chamber of Commerce. 
  • The ranking reflects the country’s position in fostering innovation through its IP framework.

 Appointments News

Sachin Jain Named CEO of World Gold Council India

  • Sachin Jain has been appointed as the CEO of the World Gold Council’s India operations. 
  • Jain, with a rich background in the jewelry industry, including a significant tenure at De Beers, brings extensive experience to his new role.

Justice A M Khanwilkar Appointed as Lokpal Chairperson

  • Former Supreme Court judge, Justice Ajay Manikrao Khanwilkar, has been named the chairperson of Lokpal, India’s anti-corruption body. 
  • His appointment is accompanied by the selection of other key judicial members.

 Awards News

C-DOT Recognized with Three Awards at Aegis Graham Bell

  • The Centre for Development of Telematics has been awarded in three categories at the 14th Annual Aegis Graham Bell Awards, recognizing its contributions to telecom innovations.

 

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