Read : Current Affairs: 25th March, 2021

Posted on :- 2021-04-05 11:04:23

 

Current affairs (25TH  march)

 

 

  

 

RUSSIA & CHINA LOOK TO DEEPEN TIES

  • Russian Foreign Minister Sergei Lavrov is paying an important visit to China. The visit was conducted shortly after the China-US relations conversations took place in Alaska.

 

  • Following the first summit of leaders of the Group of Quad (India, Australia, Japan and the United States). He asserted that the relationship between Russia and China is currently the best in history.

 

  • He believes that, unfortunately, the formation of a truly multi-polar democratic world is hindered by Western countries, especially the United States, because they seek to continue to dominate the global economy and politics at all costs, and combine their will and the requirements are imposed on other countries.

 

  • In this regard, Russia and China are promoting a constructive and unified agenda, and hope that the international governance system will be fair and democratic, run smoothly, and build on the basis of extensive interaction between countries and their integration initiatives.

 

INTERNATIONAL INTELLECTUAL PROPERTY (IP) INDEX

  • India ranked 40 among 53 global economies on the latest annual edition of the International Intellectual Property (IP) Index

 

  • The US Chamber of Commerce Global Innovation Policy Centre (GIPC), the Index evaluates Intellectual Property rights in 53 global economies from patent and copyright policies to commercialisation of IP assets and ratification of international treaties.

 

  • The 2021 Index illustrates that economies with the most effective IP frameworks are more likely to achieve the socio-economic benefits needed to combat COVID-19, including greater access to venture capital, increased private sector investment in research and development, and over 10 times more clinical trial activity.

 

  • Over the last year, transparent and predictable intellectual property rights have also fostered unprecedented levels of highly successful public-private sector collaborations.

 

  • The overall global IP environment improved in 2020, with a positive score increasing in 32 of the 53 economies measured by the IP Index. This is the ninth IP index released by the GIPC.

 

  • World Intellectual Property Organization Headquarters: Geneva, Switzerland.
  • World Intellectual Property Organization Founded: 14 July 1967.
  • World Intellectual Property Organization Head: Daren Tang.

 

JUSTICE NV RAMANA TO BE THE NEXT CJI

  • Chief Justice of India (CJI) SA Bobde has recommended Justice NV Ramana’s name as his successor after he retires next month.

 

  • CJI Bobde is set to retire on 23 April. In a letter to the Law Ministry, CJI SA Bobde recommended Justice Ramana as his successor.

 

  • Justice NV Ramana is the most senior judge in the apex court after CJI Bobde.

 

  • On appointment, Justice NV Ramana will be the 48th Chief Justice of India and he will have a long tenure as CJI for over 16 months. The Centre had last week asked CJI Bobde to recommend his successor.

 

  • Union Minister Ravi Shankar Prasad had reportedly sent a letter to Justice Bobde, seeking his recommendation, as is the practice under the Memorandum of Procedure for Appointment of Chief Justice of India. The recommendation letter has to come around a month before the vacancy arises.

 

SRI LANKA INKS SWAP DEAL WITH CHINA

  • Sri Lanka has signed a 10 billion yuan (about USD 1.5 billion) currency swap deal with China with the main motive to promote bilateral trade and direct investment between the two countries.

 

  • The agreement signed between the Central Bank of Sri Lanka and the People’s Bank of China is valid for three years.

 

  • China remains Sri Lanka’s largest source of imports. In 2020, imports from China amounted to USD 3.6 billion, or just over 22 per cent of Sri Lanka’s imports.

 

  • The deal comes as Sri Lanka is undergoing a difficult time with COVID-19, dealing a severe blow to its economy, especially its USD 4.5 billion tourism industry. Sri Lanka also must pay nearly USD 4.5 billion in foreign debts annually until 2025.

 

  • China considers Sri Lanka to be a critical link in its massive “Belt and Road” global infrastructure-building initiative and has provided billions of dollars in loans for Sri Lankan projects over the past decade. The projects include a seaport, airport, port-city, highways and power stations.

 

  • Sri Lanka Capital: Sri Jayawardenepura Kotte
  • Sri Lanka Prime Minister: Mahinda Rajapaksa
  • Sri Lanka President: Gotabaya Rajapaksa.

 

KERALA'S TB PROGRAMME GETS NATIONAL HONOUR

 

  • Kerala’s tuberculosis eradication programme had won national honour as the state bagged the Union government’s award for reducing the prevalence of the disease through various systematic initiatives.

 

  • Kerala is the only state had chosen for recognition in the state category.

 

  • The southern state has reduced the TB prevalence rate by 5 per cent in the last five years as part of achieving sustainable development goals.

 

  • The nation has set an ambitious goal to achieve “End Tuberculosis” by reducing the incidence of new TB cases by 80% by 2025, five years ahead of UN Sustainable Development Goals.

 

WORLD'S FIRST SHIP TUNNEL TO BE BUILT IN NORWAY

 

  • The Norwegian Coastal Administration has received the green signal to start working on the construction of the world’s first tunnel, being built exclusively for ships.

 

  • The tunnel is dubbed as “Stad Ship Tunnel” and would be built under the mountainous Stadhavet peninsula in northwestern Norway.

 

  • The 1.7 km tunnel will be able to handle ships of up to 16,000 tonnes and give ships a safer passage through the treacherous Stadhavet Sea.

 

  • The tunnel will be 49 metres (161 ft) high and 36 metres (118 ft) wide. It is estimated to cost at least 2.8 billion Norwegian kroner (NZ$460 million) the construction of this ship tunnel.

 

  • The construction would begin in 2022 and would take three to four years to complete.

 

  • Norway Currency: Norwegian krone.
  • Norway Capital:
  • Prime Minister of Norway: Erna Solberg.

 

POWER GRID LAUNCHED CERTIFIED PORTAL 'PRANIT'

  • Power Grid Corporation of India (POWERGRID) has launched an “e-Tendering Portal” called ‘PRANIT’ to make the tendering process more transparent.

 

  • The portal ”PRANIT” will involve less paperwork and allow ease of operation, which in turn will make the tendering process more transparent.

 

  • The portal has been certified by Standardisation, Testing and Quality Certification Directorate (STQC), under the Ministry of Electronics and Information Technology, GoI.

 

  • POWERGRID is the only organization in India to have an e-procurement solution on SAP Supplier Relationship Management (SRM), complying with all applicable requirements relating to security and transparency as stipulated by STQC.

 

  • Power Grid Corporation of India Founded: 23 October 1989.
  • Power Grid Corporation of India Headquarters: Gurgaon, India.

 

 

Copyright © 2013-21 ScoreExam.com