12 February 2024 Current Affairs
12 February 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 12 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 12 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.
12 Feb 2024 Daily Current Affairs
12 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 12 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.
National Productivity Day 2024
National Productivity Day is an annual event celebrated in India to promote the importance of productivity, innovation, and efficiency in all sectors of the economy. This day serves as a reminder of the crucial role of productivity in driving economic growth and improving the overall quality of life for citizens.
The theme for National Productivity Day 2024 is “Artificial Intelligence (AI)- Productivity Engine for Economic Growth.” Read the complete article here.
International Epilepsy Day 2024
International Epilepsy Day, celebrated on the second Monday of February each year, aims to raise awareness about epilepsy, promote understanding, and reduce the stigma associated with the condition. This year it falls on 12th February.
The theme for International Epilepsy Day 2024 is “Milestones on My Epilepsy Journey.” Read the complete article here.
Darwin Day 2024
Darwin Day is an annual international celebration of Charles Darwin’s life and contributions to science, particularly his theory of evolution by natural selection. It is celebrated on 12th February every year. This day serves as a reminder of the importance of scientific inquiry, critical thinking, and the ongoing exploration of the natural world.
Charles Darwin was a British naturalist, geologist, and biologist who is widely recognized as the father of evolutionary biology. His groundbreaking theory of evolution by natural selection revolutionized our understanding of the natural world and continues to be the cornerstone of modern biology. Read the complete article here.
Abraham Lincoln Birth Anniversary 2024
Abraham Lincoln’s birthday is celebrated on February 12th each year to commemorate the birth of the 16th president of the United States. Lincoln is widely considered one of the most important figures in American history, having led the nation through the Civil War and preserving the Union. He is also remembered for his commitment to abolishing slavery and his advocacy for equality and justice.
Abraham Lincoln, the 16th president of the United States, remains an iconic figure in American history. His life, filled with remarkable achievements and tragic struggles, continues to inspire millions around the world. Read the complete article here.
Sumit Nagal lifts Chennai Open ATP Challenger trophy beating Luca Nardi of Italy in men’s singles final
In the Tennis Chennai Open ATP Challenger finale, India’s top-ranked Sumit Nagal emerged victorious and won his 5th Challenger Title. He defeated Luca Nardi of Italy in the clash by 6-1 and 6-4. With this, he enters the Top 100 in next week’s ATP Rankings. The second-seeded Nagal will be the first Indian man since Prajnesh Gunneswaran in 2019 to breach the top-100 barrier.
The Chennai Open is the first in a series of ATP Challenger 100 events to be held in India.
Australia lifts Under-19 Men’s World Cup beating India by runs in the final in South Africa
Australia won the Under 19 Men’s ODI World Cup beating India by 79 runs in the final at Benoni in South Africa. Chasing a target of 254 runs, team India was all out for 174 runs in 43.5 overs. Earlier, Australia had scored 253 for 7 wickets in the stipulated 50 overs.
RBI increases ceiling on fees payable to non-executive directors of banks to Rs 30 lakh per year
The RBI has increased the ceiling on fees payable to non-executive directors of banks to 30 lakh rupees per year from the existing level of 20 Lakh rupees. The revision comes two years after RBI came out with new guidelines for directors as a part of corporate governance, where it capped the remuneration for non-executive directors, excluding the chair of the board.
RBI said the banks are required to have suitable criteria for granting fixed remuneration to its NEDs, with the approval of their boards.
The instructions on the review of fixed remuneration granted to NEDs would apply to all the private sector banks including small finance banks (SFBs) and payment banks (PBs) as also the wholly owned subsidiaries of foreign banks.
India launches UPI payment services in Sri Lanka, Mauritius
India’s Unified Payment Interface (UPI) services were rolled out in Sri Lanka and Mauritius on 12 February during a virtual ceremony attended by Prime Minister Narendra Modi and the top leadership of the two island nations. In Sri Lanka, the interface will be linked to LankaQR. RuPay cards were also introduced in Mauritius.
The extension of RuPay services will also enable Mauritian banks to issue RuPay cards and use them for settlements in both India and Mauritius. The UPI is a mobile-based payment system in India that allows round-the-clock payments via a virtual payment address. It powers multiple bank accounts into a single app and brings several banking features under one hood.
The Central Board Trustees (CBT) EPF recommends an 8.25 % rate of interest to EPF subscribers for FY2023-24
The Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) has recommended an 8.25% interest rate for the fiscal year 2023-24. Once approved this will be highest in three years. As of date, there are over six crore members of EPFO. The interest rate for Fiscal Year 2022-23 was 8.15%.
IREDA and IIT Bhubaneswar sign MoU for Clean Energy Innovation
Indian Renewable Energy Development Agency has taken a significant step in fostering innovation and research in the renewable energy sector, by signing a MoU with IIT Bhubaneswar. Signed at the ‘100 Cube Start-up Conclave’ held at IIT Bhubaneswar, aims to support collaborative efforts in innovation & research initiatives, technology transfer & nurturing the start-up ecosystem.
‘SWATI’ (Science for Women-A Technology & Innovation) Portal launched in New Delhi
Principal Scientific Advisor to the Government of India Prof Ajay Kumar Sood launched the “Science for Women-A Technology & Innovation (SWATI)” Portal, aimed at creating a single online portal representing Indian Women and Girls in STEMM (Science, Technology, Engineering, Mathematics & Medicine).
The Portal is a complete interactive database; and the first of its kind in India which is developed, hosted, and maintained by the National Institute of Plant Genome Research (NIPGR). the database of the SWATI Portal will serve in policy-making to address the challenges of Gender-gap.
International Day of the Arabian Leopard 2024
The United Nations General Assembly has proclaimed 10 February as the International Day of the Arabian Leopard. Co-organized by the United Nations Environment Programme and the Permanent Mission of the Kingdom of Saudi Arabia to the United Nations, the event will raise awareness about the critically endangered status of the Arabian Leopard.
International Day for the Prevention of Violent Extremism as and When Conducive to Terrorism 2024
The General Assembly decided to declare 12 February the International Day for the Prevention of Violent Extremism as and when Conducive to Terrorism, to raise awareness of the threats linked to violent extremism, as and when conducive to terrorism, and to enhance international cooperation in this regard.
Google Rebrands AI Chatbot Bard to Gemini and Rolls Out New App Offering
Google renamed its Bard chatbot after the new artificial intelligence that is powering it, called Gemini, and said consumers can pay for better reasoning capabilities as it vies with Microsoft. The rebranded Gemini is now available in over 40 languages with a mobile app for Android and iOS devices.
Paytm E-commerce rebrands to Pai Platforms and acquires ONDC seller Bitsila in a strategic move
Paytm E-commerce has rebranded itself as Pai Platforms, marking a shift in its corporate identity. The move comes alongside the acquisition of Bitsila, a prominent seller platform operating within the Open Network for Digital Commerce (ONDC). This strategic shift underscores Pai Platforms’ ambition to assert its presence and gain a larger foothold.
Confederation of International Small Tea Holders’ headquarters to shift to India
The headquarters of the Confederation of International Small Tea Holders will shift to India from China. It was decided at the 25th session of the FAO Intergovernmental Group on Tea held in Guwahati. The Food and Agricultural Organisation IGG on Tea, which is under the United Nations, also decided to take up the issue of climate change and assess the carbon footprint of tea.
The FAO IGG on Tea is the highest global platform for tea wherein all tea-producing and consuming nations. India took over as the chair of the FAO IGG on Tea from the United Kingdom for the next two years and the session was presided over by Saurav Pahari, deputy chairman of Tea Board India.
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