20 February 2024 Current Affairs in English

20 February 2024 Current Affairs

20 February 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 20 February 2024 Current Affairs is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 20 February 2024 Current Affairs lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.

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20 Feb 2024 Daily Current Affairs

20 February 2024 Current Affairs also provides students with insights into issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 20 February 2024 Current Affairs not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.

Arunachal Pradesh Foundation Day 2024

Arunachal Pradesh, a beautiful part of India in the northeast, throws a special party every 20th February. It’s called Arunachal Pradesh Foundation Day, and it marks the day in 1987 when Arunachal Pradesh officially became a state. Let’s explore how this happened, why it’s a big deal, and learn some cool facts about this place. Read the complete article here.

World Day of Social Justice 2024

The World Day of Social Justice 2024, created by the United Nations (UN), happens every year to remind us that even though things have gotten better for many people, there are still a lot of things stopping millions from having a fair life.

The main goal of the World Day of Social Justice is to make things fair on a global scale. This means giving everyone the same chances for education, jobs, healthcare, and more, no matter their race, religion, sexuality, gender, or class. Read the complete article here.

Asian Games medallist Anush Agarwalla secures first-ever Paris Olympics quota in dressage discipline

Asian Games medallist Anush Agarwalla has secured the first-ever Paris Olympics quota in dressage discipline for the country. He obtained the Paris 2024 quota for the country based on his performance in four FEI events. Agarwalla had clinched India’s first individual bronze at the Asian Games in dressage last year.

IEPFA and DBS Bank ink MoU to spread awareness on investment and fraudulent schemes

An MoU was signed between the Investor Education and Protection Fund Authority under the aegis of the Ministry of Corporate Affairs, and DBS Bank, a prominent financial institution with a strong presence in Asia and Southeast Asia in New Delhi. According to the MoU, DBS Bank aims to support IEPFA’s investor awareness activities by disseminating safety messages.

About IEPFA

The Investor Education and Protection Fund Authority (IEPFA) was set up on September 7, 2016, under the aegis of the Ministry of Corporate Affairs, Government of India, for administering the Investor Education and Protection Fund for making refunds of shares, unclaimed dividends, and matured deposits/debentures, among other things, to investors.

IREDA and Punjab National Bank join hands to Co-Finance Renewable Energy Projects

Indian Renewable Energy Development Agency Ltd. and Punjab National Bank have signed a Memorandum of Understanding aimed at advancing renewable energy initiatives across the nation. It will pave the way for joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects.

The MoU comprises various provisions aimed at enhancing support for renewable energy projects. These include joint lending, loan syndication, and underwriting, management of Trust and Retention Account (TRA) for IREDA borrowers, and working towards competitive terms of sanction, including pricing on IREDA borrowings.

Mitsubishi Corp to acquire 32% stake in TVS Vehicle Mobility for Rs 300 cr

TVS Mobility and Japanese conglomerate Mitsubishi Corporation on Monday announced a strategic partnership under which the latter will pick up a 32% stake in a newly formed subsidiary of the Chennai-based group for Rs 300 crore. With this, the dealership business of TVS Mobility will transform into the newly-formed subsidiary TVS Vehicle Mobility Solution (TVS VMS).

The remaining 68% stake in TVS VMS will be held by TVS Mobility.

A two-day INDUS-X Summit to be held in New Delhi

INDUS-X Summit will be held on February 20-21, 2024 in New Delhi, marking a significant milestone in the collaborative efforts between India and the United States in defense innovation. Organized by Innovations for Defence Excellence (iDEX) under the Department of Defence Production, Ministry of Defence, and Department of Defence (DoD), United States.

It is organized in conjunction with the U.S.-India Business Council and Society of Indian Defence Manufacturers (SIDM), the summit aims to be a pivotal event driving strategic technology partnerships and defense industrial cooperation between India and the USA.

Since its launch in June 2023 during the State Visit of Prime Minister Shri Narendra Modi to the US, the India-U.S. Defence Acceleration Ecosystem (INDUS-X) has been at the forefront of expanding bilateral ties in defense innovation.

India women clinch Badminton Asia Team Championship Title

The Indian women’s team won a historic gold medal at the Badminton Asia Team Championships 2024 after beating Thailand 3-2 in the final in Shah Alam, Malaysia. PV Sindhu, Gayatri Gopichand-Treesa Jolly, and teenage sensational Anmol Kharb won their respective matches as India won the final.

India slips in world’s most powerful passports ranking, France tops list

The Henley Passport Index for 2024 has been released, with France securing the top spot, while India’s passport ranking has slipped one place from last year, moving from 84th to 85th position. The Henley Passport Index ranks nations based on the strength of their passports. France leads the list, with its passport granting visa-free access to 194 countries.

Germany, Italy, Japan, Singapore, and Spain are also among the top-ranked countries alongside France. Meanwhile, Pakistan maintains its position at 106th place, similar to last year, while Bangladesh has slipped from 101st to 102nd position. Maldives continues to have a strong passport, maintaining its position at 58th place.

The Henley Passport Index derives its rankings from data spanning the past 19 years, based on the International Air Transport Association’s (IATA) specialized data, covering 199 different passports and 227 travel destinations worldwide. The index is updated monthly and serves as a global standard for citizens of independent countries.

NASA and JAXA Set to Launch World’s First Wooden Satellite

Japan and the US are planning to launch the world’s first wooden satellite, the LignoSat probe, into space this summer. This unusual spacecraft is made up of magnolia wood which, during the experiments, was found to be particularly stable and resistant to cracking. LignoSat, a coffee mug-size satellite made from magnolia wood, is set to launch into Earth’s orbit by summer.

Reliance Industries tops the list of India’s most valuable companies in Burgundy Private and Hurun India Report

The latest report on India’s most valuable companies, released by Axis Bank’s private banking unit Burgundy Private and Hurun India reveals that Reliance Industries (RIL) has for the third year topped the list, this time followed by Tata Consultancy Services and HDFC Bank. Among emerging companies, the report showed that Suzlon Energy grew at the fastest pace.

The 2023 Burgundy Private and Hurun India 500 report based on records the total market capitalization of Reliance Industries at Rs 15.6 lakh crore, higher than Tata Consultancy Services and HDFC Bank, ranked second and third with a market value of Rs 12.4 lakh crore and Rs 11.3 lakh crore, respectively.

HCL Technologies and Kotak Mahindra Bank have made their comeback to the top 10 list this year. Additionally, Jio Financial Services secured a 28th rank, after demerging from Reliance Industries.

Shubham Mittal

Shubham Mittal is a renowned current affairs writer and expert in government exam preparation, inspiring readers with insightful articles and guiding aspirants with his expertise.

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