Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 18 March 2022, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.
Daily Current Affairs 18 March 2022
Defence Minister Rajnath Singh inaugurates FCS Integration complex in Bengaluru, constructed by DRDO using in-house hybrid technology, in record 45 days
Defence Minister Rajnath Singh inaugurated a seven-storeyed Flight Control System (FCS) Integration facility at Aeronautical Development Establishment (ADE), a laboratory of Defence Research and Development Organisation (DRDO) in Bengaluru, Karnataka on March 17, 2022.
The facility is housed at Aeronautical Development Establishment (ADE), a laboratory of Defence Research and Development Organisation (DRDO). FCS facility is a state-of-the-art complex constructed by DRDO in record 45 days, using in-house hybrid technology. This hybrid technology has been developed by DRDO with support of Larsen & Toubro (L&T).
This FCS facility will support Research & Development (R&D) activities for developing Avionics for Fighter Aircraft and FCS for Advanced Medium Combat Aircraft being undertaken by ADE, Bengaluru.
DCI and Cochin Shipyard joins hand to build country’s first indigenous dredger
In a step towards local manufacturing of dredgers, the Dredging Corporation of India (DCI) and Cochin Shipyard Limited (CSL) signed an agreement to build the first indigenous dredger. The vessel will cost around Rs 920 crore.
This vessel will be completed within 34 months from today. Dredging is key to ensure that the coastal and inland shipping volumes of India grow,” Shipping Minister Sarbananda Sonowal told ET. The technical know-how, basic designs, dredging system components of the Project shall be provided by Holland-based Royal IHC, the market leader for designing, building and servicing high added-value dredging vessels and dredging equipment.
Mahatma Gandhi Green Triangle inaugurated in Madagascar
As part of the ‘Azadi ka Amrit Mahotsav’ celebration, a “Green Triangle” named after Mahatma Gandhi, was inaugurated in Antananarivo, the capital city of Madagascar, on March 16, 2022.
Mahatma Gandhi Green Triangle’ has been unveiled in Madagascar to mark Azadi ka Amrit Mahotsav. Ambassador of India to Madagascar. The Mahatma Gandhi Green Triangle was jointly inaugurated by India’s Ambassador to Madagascar Abhay Kumar and Mayor of Antananarivo, Naina Andriantsitohaina. The word green in the plaque signifies their commitment to sustainable development and saving the environment. The naming of this park as Mahatma Gandhi Green Triangle is an apt tribute to Mahatma Gandhi.
Moody’s lowers India’s GDP forecast for CY22 to 9.1% amid Russia-Ukraine conflict
Rating agency Moody’s has revised downwards the economic growth forecast of India by 40 basis points to 9.1 % in the Calendar Year 2022 (CY2022), due to adverse effects of the Russia-Ukraine conflict on the global economy. Earlier in February 2022, Moody’s estimated India’s GDP in CY2022 to 9.5 %. Moody’s has projected India’s GDP growth forecast for the Calendar Year (CY) 2023 at 5.4 %.
Axis Bank bags IFR Asia 2021 Asian Bank of the Year Award
Axis Bank, India’s third-largest private sector bank has been awarded IFR Asia’s Asian Bank of The Year, for its breadth of coverage and depth of expertise in the Asian investment banking space. The bank was awarded for its outstanding performance in equity and debt issuance, across all major products and segments.
Top three global IFR Asia Award for 2021
- Bank of the year: Morgan Stanley
- Asian Bank of The Year: Axis Bank
- Issuer of the year: JSW Group
Elon Musk Tops Hurun Global Rich List 2022; Ambani Ranks 9th Richest
SpaceX and Tesla founder Elon Musk has bagged the top position on the 2022 M3M Hurun Global Rich List, with total net worth of $205 billion. The 2022 M3M Hurun Global Rich List is published by research and luxury publishing group Hurun India in association with realty firm M3M. From India, Reliance Industries Ltd (RIL) Chairman Mukesh Ambani became the only Indian to feature in the Top 10 2022 M3M Hurun Global Rich List, with a $103 billion net worth. He also earned the ‘Richest Telecom Entrepreneur’ title.
Narayan Pradhan selected for 2022 GD Birla Award for Scientific Research
Professor Narayan Pradhan has been selected for the 31st GD Birla Award for Scientific Research for his outstanding contribution in the field of material sciences. He has provided his expertise in crystal modulations to help design new shapes of these tiny lighting materials.
Prof. Pradhan is a member of the faculty at the School of Material Sciences, Indian Association for the Cultivation of Science, Jadavpur.
Global Recycling Day 2022: 18 March
Global Recycling Day, celebrated on March 18 every year, is a recycling initiative that encourages us to look at our trash in a new light. There are several ways to recycle that allow some materials to be reused multiple times.
Theme for 2022 is “recycling fraternity”. The theme recognise the people who put themselves on the frontline to collect waste and recycling during the multiple lockdowns. The Global Recycling Day was created in 2018 by the London-based Global Recycling Foundation to promote the concept and practice of recycling.
World Sleep Day 2022: 18 March
The World Sleep Day is held every year on the Friday before Spring Vernal Equinox. In 2022, World Sleep Day falls on March 18, 2022.
World Sleep Day aims to consider and aid those who have sleep problems. It is useful for educating people all over the world about the importance of sleep, as well as changing the way people view and experience sleep by giving them valuable resources to help them in their daily lives. The theme of 2022 is ‘Quality Sleep, Sound Mind, Happy World’.
