1. Divya Deshmukh is the National women chess champion
Tags: Sports Popular Person in news
16 years old Divya Deshmukh of Maharashtra won the 47th MPL National women chess title on 2 March 2022.
The National Chess championship was held at Bhubaneshwar, Odisha.
It was her first senior level chess title.
Sakshi Chitalange came second and N. Priyanka came at the third position.
2. Turkey's Ayci declines Air India CEO role
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Turkey's Ilker Ayci has declined to take up the post of the Chief Executive officer of Air India as many people in India were opposed to his appointment .
He was announced as the CEO of Air India by the Tata Group which acquired it from the Government of India .
Ilker Ayci was a former chairman of Turkish Airlines,and was also an adviser in 1994 to Tayyip Erdogan when the Turkish President was mayor of Istanbul.
India does not have a good relationship with Turkey as Tayyip Erdogan has consistently supported Pakistan on the Kashmir issue and has criticised India.
His Turkish connection and especially his link with Erdogan was seen as a security threat for India.
3. First Indian casualty in Russia-Ukraine war
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A 21 year old Indian medical student Naveen Gyannagoudar was killed in the Ukrainian city of Kharkiv on 1 March 2022. He was from Karnataka and was waiting outside a grocery store to buy food. He was killed when the grocery store was hit by Russian shelling .
The easteren Ukrainian city of Kharkiv is known for its medical education and has a bulk of Indian students who are trapped there due to heavy Russian bombardment .
The Russian forces invaded Ukraine on 24 February after Russian President Vladimir Putin recognised the breakaway Ukrainian province of Donetsk and Luhansk as independent countries.
It was condemned by the world and no country recognises these regions of Ukraine as Independent countries.
The Ukrainian President is Voldoymyr Zelensky who was an actor and comedian before he won the Presidential election in 2019.
4. Hasmukh Adia re appointed Bank of Baroda Chairman
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Government of India has reappointed former finance secretary Hasmukh Adia as the non-executive chairman of the Bank of Baroda for the next two years, starting from 1 March 2022.
He retired as the Finance Secretary, Government of India in 2018.
Bank of Baroda
It is the third largest public sector bank in India after State Bank of India (SBI)and Punjab National Bank (PNB).
The banks in which the government of India holds 51% or more equity shares are called public sector banks in India .
Managing Director(MD) and Chief Executive Officer (CEO): Sanjiv Chadha
The Headquarters of the bank: Vadodara,Gujarat
Tagline of the Bank : India’s International Bank
5. Madhuri Puri Buch to be the new Chairperson of SEBI
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Madhuri Puri Buch has been named the chairperson of the Securities and Exchange Board of India (SEBI) for three years.
She is the first woman to head the capital market regulator as the tenure of incumbent Ajay Tyagi ends on February 28, 2022.
Buch will not only be the first woman but also the first person from the private sector to be appointed as the chairperson of SEBI.
She started her career with ICICI Bank and later went on to become Managing Director( MD) and Chief Executive Officer (CEO) at ICICI Securities from Feb 2009 to May 2011. In 2011, she left for Singapore to join Greater Pacific Capital LLP.
How are chief of the various financial regulating bodies in India selected
The candidates are shortlisted by the Financial Sector Regulatory Appointments Search Committee (FSRASC) headed by the cabinet secretary.
Based upon interactions, the FSRASC recommended the name to the appointments committee of the cabinet headed by Prime Minister Narendra Modi.
Important for Exam
Various Regulators in India
Insurance sector regulator : IRDAI (Insurance and Regulatory Authority of India ), Chairman Mr Subhash Chandra Khuntia
Banks regulator: RBI(Reserve Bank of India ) Governor Shakti Kanta Das
Capital Market regulator: SEBI(Securities Exchange Board of India ),Chairman :Madhuri Puri Buch
Pension Market regulator: PFRDA(Pension Fund and Regulatory Development Authority of India ),Chairman Supratim Bandyopadhyay,
Regulator of IFSC(International Financial Service Center ): International Financial Services Centers Authority, Chairperson Mrs .Injeti Srinivas
Current Cabinet Secretary : Rajiv Gauba
SEBI
Securities Exchange Board of India(SEBI) was set up on 12 April 1988 and it was given statutory status by the SEBI act 1992 on 30 January 1992.
It comes under the Ministry of Finance , Government of India .
It is the regulator of the Capital market and Commodities market in India .
Capital markets include securities markets and Secondary markets like stock exchanges .
The first SEBI chairman was Dr S A Dave (1988-90)
Madhuri Puri Buch will be the 10th Chairperson of the SEBI.
U.K.Sinha was the longest-serving chairman . He was chairman from 18 February 2011 to 10 February 2017 (around 6 years).
6. Sadia Tariq wins Gold medal at Moscow Wushu Stars Championship
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Prime Minister Narendra Modi on Saturday congratulated Sadia Tariq on winning a gold medal in the Moscow Wushu Stars Championship, which is being held from February 22 to 28. Sadia won the gold medal in the Wushu Championship in Moscow by defeating a local player.
7. Daniil Medvedev is the no 1 tennis player
Tags: Sports Person in news
For the first time since 2004, Daniil Medevedv of Russia became the first player outside of the 'Big Four' of Rafael Nadal (Spain), Roger Federer (Switzerland), Andy Murray (United Kingdom) and Novak Djokovic (Serbia) to be ranked world No. 1 in men's tennis.
He became number 1 player after Djokovic's surprise defeat to world No. 123 Jiri Vesely in the quarterfinals of the Dubai Duty Free Tennis Championships.
- Djokovic of Serbia holds the all-time record for weeks spent at No. 1 with 361, and Switzerland’s Roger Federer is the second with a record 310 week as the world no 1.
8. Hemnanda Biswal no more
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Odisha’s first tribal chief minister Hemananda Biswal passed away . He was 82 years old
He was a Congress (I)party leader who was the chief minister of Odisha twice .
The first time he was appointed as CM was from December 7, 1989 to March 3, 1990 and the second time, from December 6, 1999 to March 5, 2000.
9. Ketanji Brown Jackson to be the first Black women to be the US Supreme Court Judge
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President Joe Biden has nominated Ketanji Brown Jackson to the Supreme Court of the United States of America. If confirmed by the United States of America Senate she will be the first black woman to be the Judge of the Supreme Court of the United States.
Do You Know
The Supreme Court of the United States is the highest court of the United States government.
It was set up in 1789.
It has one Chief Justice and eight other judges .
Unique feature of the US Supreme Court
The Judges are nominated by the President but they are approved by the Senate.
The Senate has the power to reject the nominated person.
Senate is the upper house of the United States Congress
The Parliament of the United States is called Congress which has two houses; Upper house is called Senate (like Rajya Sabha in India) and the lower house is called as House of Representative (like Lok Sabha in India)
The Judges of the Supreme Court are for life. It means they have no retiring age (In India the Supreme Court Judge retire after reaching the age of 65 years)
The Supreme Court of the United State has a police of its own which enforce its decision (In India supreme Court has no separate police force)
10. Alexander Zverev expelled from ATP 500 tournament in Acapulco for “unsportsmanlike conduct”
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German tennis player and World number 3 ranked player Alexander Zverev was expelled from the ATP 500 tournament in Acapulco, Mexico for “unsportsmanlike conduct” after smashing his racket repeatedly against the umpire’s chair following a double defeat.
The German later apologised for his behaviour after he and Brazil’s Marcelo Melo lost 6-2 4-6 (10-6) to the British-Finn pair of Lloyd Glasspool and Harri Heliovaara.
Zverev came close to hitting umpire Alessandro Germani during his tantrum in Mexico.
