Current Affairs in English 27 February (One Liners)

One Liners related to International, National, State, Sports, Economy, Appointments, Conferences etc. Read from here, Current Affairs is such a subject that the more you read it, the more you remember, at least twice a day, remember it.

Economy

  • On 25 February, the Department of Industry and Internal Trade Promotion (DPIIT) notified the government’s decision to allow 100 percent foreign direct investment (FDI) in these insurance-related components – insurance intermediaries (brokers, reinsurance brokers, consultants, corporate agents, third administrator, surveyor and deficit assessor)
  • According to the report titled “Retail 4.0 Winning the 20s”, the Indian retail market is estimated to cross $ 1 trillion by this year – 2025
  • On 26 February, SEBI allowed investors to use the infrastructure of stock exchanges to buy mutual fund units directly from these companies – mutual funds and asset management

The national

  • On 26 February, the Union Cabinet approved the ‘National Technical Textiles Campaign’ with such an outlay, which will be implemented from 2020-21 to 2023-24 – Rs 1,480 crore
  • ‘Higher Education Leadership Development Program for Administrators’ This is a joint initiative of the Indian Institute and the British Council of Britain – UGC
  • ‘Jal Parishad 2020’ focused on hydrological aspects of climate change was held here – IIT Roorkee
  • ICICI Foundation for Inclusive Growth This institute has signed an agreement with this research body for training and capacity building of farmers – ICAR

Particular person

  • Newly appointed co-chairman of the old Indian Chamber of Commerce and Industry Federation (FICCI) for 2020 – G S Velu

sport

  • University topped the first ‘Khelo India University Games’ in Odisha with 14 medals – Savitribai Phule Pune University (7 Gold)
  • The first ‘Khelo India Winter Games’ was inaugurated in these cities on 25 February – Leh, Ladakh, Jammu and Kashmir

State specific

  • The “Vasantotsav” cultural fair was inaugurated in the city on 25 February under the theme ‘Ek Bharat Shrestha Bharat’ – Gandhinagar, Gujarat
  • Maharashtra Education Minister Varsha Gaikwad announced the closure of this body – Maharashtra International Board of Education (MIEB)

Common sense

  • University Grants Commission (UGC) – Established: 28 December 1953 ; Headquarters: New Delhi ; Founder: Abul Kalam Azad
  • Employees State Insurance Corporation of India (ESIC) – Established: 24 February 1952 ; Headquarters: New Delhi
  • Indian Chamber of Commerce and Industry Federation (FICCI) – Established: Year 1927 ; Founders: GD Birla and P. Thakurdas ; Headquarters: New Delhi
  • Indian Council of Agricultural Research (ICAR) – Established: 16 July 1929 ; Headquarters: New Delhi
  • Securities and Exchange Board of India (SEBI) – Established: Year 1988 ; Statutory Status: 30 January 1992 ; Headquarters: Mumbai
  • Establishment of Department of Promotion of Industry and Internal Trade (DPIIT) – Year 1995
  • DPIIT was reorganized in the year 2000 with the merger of this department – Industrial Development Department

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