DAILY GK: 04 MAR 2022

 DAILY GK: 04 MAR 2022

1.       NEPAL-INDIA SIGNS MOU ON SUPPLY OF UREA AND DAP UNDER G2G AGREEMENT

·         A Memorandum of Understanding (MoU) has been signed between India and Nepal during a virtual ceremony for long-term supply of Urea and DAP (Di-ammonium Phosphate) fertilizers from India to Nepal under a Government to Government (G2G) arrangement.

·         This MoU will boost bilateral cooperation in the agriculture sector by supporting Nepal’s economy and food security

·         Nepal President– Bidya Devi Bhandari, Currency– Nepalese rupee

 

2.       SWISS TO BECOME WORLD’S FIRST AIRLINES TO USE SOLAR AVIATION FUEL

·         Swiss International Air Lines AG (SWISS or Swiss Air Lines), a part of the Lufthansa Group, has signed a new strategic collaboration with Switzerland based solar fuels start-up, Synhelion SA (Synhelion) to use their solar aviation fuel.

·         Synhelion has developed a key technology for manufacturing sustainable aviation fuel (SAF) from renewable energy sources.

·         The process uses concentrated solar heat to manufacture syngas which can then be synthesized into carbon-neutral kerosene using standard industrial processes. 

 

3.       RBI CANCELS THE LICENSE OF SARJERAODADA NAIK SHIRALA SAHAKARI BANK LIMITED, MAHARASHTRA

·         The Reserve Bank of India (RBI) canceled the license of SarjeraodadaNaik Shirala Sahakari Bank Ltd of Shirala, Sangli (Maharashtra) due to compliance failure with the regulation under Section 11(1) ,Section 22 (3) (d) and Section 56  Banking Regulation Act 1949. 

·         The Bank is debarred to carry its banking business and operation with effect from 2 March 2022. 

 

4.       WORLD WILDLIFE DAY (WWD) 2022 – MARCH 3

·         The United Nations(UN)’s World Wildlife Day (WWD) is annually observed across the globe on 3rd March to celebrate and create awareness about the importance of wild fauna and flora.

·         The theme of World Wildlife Day 2022 is “Recovering key species for ecosystem restoration”.